One Way in Which Philanthropy Can Be Made Strategic Is

question 68

Multiple Choice

One way in which philanthropy can be made strategic is to

• A) consult with a tax professional to get the maximum deductions.
• B) bring contribution programs into sharper alignment with business endeavors.
• C) distribute contributions as widely as possible.
• D) eliminate contributions to inefficient non-profit organizations.

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Definitions:

Absorption

The process by which one substance becomes fully integrated into another, or the degree to which something is absorbed or assimilated.

Resilience

The capacity to recover quickly from difficulties; toughness and the ability to withstand and adapt to life’s challenges.

CSR Practices

Corporate Social Responsibility practices involve companies voluntarily exceeding legal requirements to benefit social and environmental causes.

Formal

Pertaining to official, structured, and often ceremonious procedures or arrangements within an organization.