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6/21/2017 12:00 AM

The Mosaic Co. focuses its charitable giving largely on food insecurity, agricultural development, and protection of habitat and freshwater resources.

OVERVIEW

Mosaic is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company is a single source provider of phosphates and potash fertilizers and feed ingredients for the global agriculture industry. Mosaic has potash mines in Canada and the United States and sells its products worldwide, including major agricultural centers in India and Brazil. In 2016, the company reported sales of about $7.1 billion and employed about 8,700 workers worldwide.

GIVING

Mosaic focuses its charitable giving on a handful of core areas where it has unique knowledge and expertise: food and water.

The company’s mission is to help the world grow the food it needs, and its philanthropy works toward this mission as well. The company supports a variety of programs that aim to address the daunting food production needs of a growing global population, with emphasis on the following funding areas:

  • Hunger, food insecurity and food system development in local communities where it has facilities and offices.
  • Global agricultural development programs focused on smallholder farmers in developing nations where the company has key stakeholders.
  • Agricultural research, education and extension programs, primarily focused on balanced crop nutrition and increasing the capacity of farmers to grow more food sustainably.

Similarly, the company focuses substantial resources on helping to address the challenge of clean water scarcity, which has been identified as the greatest limiting factor to growing more food. By 2030, it is estimated that the world will experience a 30 percent shortfall in freshwater supply at current consumption rates. Mosaic seeks to address water conservation by concentrating on the following funding areas:

  • Habitat conservation, including conserving resources and encouraging stewardship of the environment, biodiversity and habitat protection where it has facilities and offices.
  • Nutrient stewardship and ecosystem management programs that promote sustainable agriculture and best-management practices in key watersheds where it has facilities and offices or sales and customer relationships.
  • Watershed restoration in regions where it has facilities and offices.

In addition, the company responds to global disasters that impact its employees or customers through cash donations to support emergency response and recovery efforts, and also makes in-kind donations of food to community partners throughout the year.

Additional information is available on the company’s website.

6/7/2017 12:00 AM

Coty’s philanthropy includes support for health and human services–related nonprofits, as well as environmental initiatives and youth-focused programs.

OVERVIEW

Coty is one of the world’s largest beauty products and fragrance companies, with a host of well-known brands under its umbrella. Coty is the global leader in fragrances, comes in second in professional salon hair color and styling, and is the third-largest in color cosmetics. Its coloring and styling products, body care and mass fragrances are sold primarily in the mass retail channels with brands such as COVERGIRL, Max Factor and Rimmel; Coty Luxury, which is focused on prestige fragrances and skincare with brands such as Calvin Klein, Marc Jacobs, Hugo Boss, Gucci and philosophy; and Coty Professional Beauty, which is focused on servicing salon owners and professionals. All told, the company reported sales of about $9 billion in 2016 and employed about 20,000 workers worldwide.

GIVING

Coty’s charitable giving program, dubbed Coty Cares, encompasses cash giving and employee volunteer support for numerous nonprofit charities around the world where the company does business. Much of the company’s giving is done via special initiatives aligned with specific brands, including:

  • Philosophy’s Hope & Grace. With its Hope & Grace initiative, philosophy became the first company to place a deep focus on women’s mental health and well-being, dedicating at least 1 percent of its sales toward charity.
  • Davidoff Cool Water + National Geographic Pristine Seas. The Davidoff brand actively supports National Geographic’s Pristine Seas program to protect marine areas and champion beach-cleaning initiatives.
  • Wella—UNICEF Making Waves. A long-term partnership between Wella and UNICEF in collaboration with hair stylists and their clients from around the world aims to touch and transform the lives of vulnerable young people through hairdressing training, mentoring and life-skills education. Since 2011, the program has empowered more than 37,000 young people to fulfill their rights and realize their potential.
  • Rimmel London and Comic Relief UK. Rimmel supports a vision of a fair world, free from poverty, in partnership with the organization Comic Relief UK.

Coty is also the founding corporate sponsor for DKMS/Delete Blood Cancer, the world’s largest nonprofit bone-marrow-donor center. Coty has helped facilitate more than 50,000 bone-marrow transplants from a pool of more than 5 million registered donors.

And the company has supported Look Good Feel Better since the program started in the United States in 1989. It is a free, global public service that is teaching those with cancer that they can have some normalcy in a life that is by no means normal. It is premised on the notion that when a woman looks good, she can feel better. Look Good Feel Better is a public service program of the Personal Care Products Council Foundation, and Coty is a strong supporter.

Additional information is available on the company’s website.

6/2/2017 12:00 AM

New research shows that millennials are guided by purpose, eager to contribute and expect their employers to bring them into the corporate social responsibility fold.

For companies unsure about the payoff for implementing a full-scale employee giving program, recent research from Cone Communications, a public relations consulting firm, should put the subject to rest: Vast majorities of millennials, who will comprise over half of the American workforce in just three years, want their employers to give them opportunities to personally help the company in its corporate social responsibility efforts; want to provide feedback, ideas and solutions to their companies’ CSR challenges; and want their employers to help guide them in making a positive impact in their communities, in the workplace and at home.

In fact, millennials are increasingly more willing to work for one company over a competitor—even if it means getting paid less—if a company has a strong social purpose and gives its employees ample opportunities to contribute to CSR activities.

Cone Communications’ Millennial Employee Engagement Study looked at the full range of employee giving initiatives — including cash donations, and formal and informal volunteer service—and examined how millennials viewed them and valued them. The results confirmed what previous research has pointed to in recent years: This generation is guided by purpose, is eager to contribute and expects its employers to bring them into the CSR fold. Consider the following:

  • 88 percent want employers to share details of their CSR commitments.
  • 85 percent want opportunities to help employers reach their CSR goals.
  • 84 percent want employers to give them ways to get involved in their communities.
  • 89 percent want hands-on activities around environmental responsibilities in the workplace.

When it comes to volunteering, this generation is more open to more forms of service than earlier generations, too. For example:

  • 81 percent look for companywide days of service, versus 67 percent of the average U.S. workforce.
  • 83 percent look for company-led volunteer activities, versus 67 percent on average.
  • 79 percent want paid time off, versus 61 percent on average.
  • 73 percent want after-hours service opportunities, versus 58 percent on average.

All of this indicates that companies have an increasingly valuable tool to expand their social responsibility activities and garner greater impact, simply by enabling their eager millennial employees to pitch in and contribute their time, talents and other resources to company-sponsored CSR programs. But it promises to have an impact on companies’ staffing and human resources departments as well, the study showed. For example:

Recruiting talent is easier with strong CSR and employee giving and engagement programs. About three-quarters of millennials consider a prospective employer’s CSR commitments when deciding whether to accept a position. A full 64 percent of them say they simply would not work for a company that didn’t have a strong CSR commitment. And some 75 percent say they would be willing to take a lower-paying position if it meant working for a more socially responsible company.

Employee giving and CSR involvement build employee loyalty. Nearly 90 percent of surveyed millennials say their jobs are more fulfilling when they can personally have a positive impact on social issues, and 83 percent said they would be more loyal to a company that helps them to contribute to CSR activities.

These, in turn, will impact companies’ bottom lines in substantive ways, the report said. According to a prior study cited in the report, over half of surveyed companies said that training and development costs for millennial employees were the highest of all generations in the workplace. On average, the report said, it costs between $15,000 and $25,000 to replace a millennial worker.

With numbers like that, implementing employee giving and volunteerism programs that keep millennial workers engaged and loyal will not only amplify a company’s social impact, but save it money in reduced turnover costs along the way.

To read the Cone Communications study in full, go to http://millennialemployeeengagement.com.

News Briefs
6/22/2017 12:00 AM

Global private philanthropic giving to the developing world hit an all-time high in 2014, according to the Hudson Institute’s Center for Global Prosperity.

Global private philanthropic giving to the developing world hit an all-time high in 2014, according to a new report from the Hudson Institute’s Center for Global Prosperity, as did remittances, which continue to play a critical role in developing nations. The report, The Index of Global Philanthropy and Remittances, tracks donations, remittances and financial flows via capital investment to the developing world from the 28 members of the Organisation for Economic Co-operation and Development and 11 other countries. The report also found that global philanthropy has reached a record high of $64 billion, of which $44 billion is contributed from the United States. The data is from 2014, the most recent year with available information; emerging economies, including South Africa, India, Turkey and China, have increased their philanthropy, remittances and private capital investments to developing countries; and remittances from the United States reached $109 billion in 2014, exceeding philanthropy and government aid combined.

News Briefs
6/22/2017 12:00 AM

JPMorgan Chase & Co. is committing more than $8.6 million to help train Americans to fill well-paying U.S. health care jobs.

JPMorgan Chase & Co. is committing more than $8.6 million to help fill well-paying U.S. health care jobs by providing job seekers with critical skills that are in high demand but currently hard to find. As part of the firm’s $325 million global investment in skills development, this nationwide effort will provide lower-income Americans with the economic mobility to move into the middle class while helping health care organizations to better serve the increasing number of Americans seeking health care services. Health care is the fastest-growing industry nationally, with employment estimated to grow by 19 percent from 2014 to 2024, adding 2.3 million new jobs. But many of these jobs are expected to go unfilled unless job seekers have certain skills. JPMorgan Chase aims to give more workers, including lower-income people who are underemployed, a chance at good, well-paying careers by providing the necessary capital and technical support to local community colleges, training partners and research organizations that are doing innovative work to fill these vital middle-skill jobs.

News Briefs
6/20/2017 12:00 AM

The UPS Foundation plans to award $14.1 million in funding and in-kind support to advance humanitarian relief and community safety initiatives around the world.

The UPS Foundation plans to award $14.1 million in grant funding and in-kind support to advance humanitarian relief and community safety initiatives around the world. Among the many initiatives to be funded, the foundation has teamed up with Gavi, the Vaccine Alliance and Zipline, a California-based robotics company, to leverage drones to deliver life-saving blood, medicines and vaccines to remote communities, beginning with Rwanda. The UPS Foundation also is working with UNICEF on the rollout of Visibility for Vaccines, a cutting-edge tracking system that enables early identification of potential stockouts and overstocks of vaccines. ViVa will help global communities ensure supply of life-saving vaccines by providing alerts of critical shortage and overstock situations and allowing for corrective actions. The foundation also will award grants that help extend the reach of the UPS Road Code safe driving training program for teens, which is a major global community safety initiative of the company that was first launched in 2009.

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  • Meet the Editor

    Nicholas King
    Editor

    Nicholas King has served as editor of Corporate Philanthropy Report since 2007, and he continues to be impressed with the philanthropic efforts of the nation’s business sector.

    Drawing on an educational background in English and environmental policy, Nicholas began his journalism career in 2000 when he was brought on as editor of Environmental Laboratory Washington Report, a niche-market subscription-based newsletter serving the environmental testing industry. After seven years of honing his craft, Nicholas expanded his writing/editing portfolio to an entirely new field of interest - corporate philanthropy. As editor of Corporate Philanthropy Report, he stays abreast of the latest developments affecting corporate giving—and the charitable/nonprofit sector more broadly—providing his readers the “need to know” information vital for making the best use of their limited charitable dollars.

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