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Companies increasingly play a meaningful role in civil society and
the philanthropic sector through Corporate Social Responsibility
(CSR) and Corporate Philanthropy (CP). The most well studied form
of allocating these resources is through outright contributions to
operating external foundations and other nonprofit organizations.
However, far less is known about the use of corporate foundations,
separate and independent nonprofit entities aimed at channeling
corporate giving to a social mission related to a company.
Corporate foundations are often linked to the founding company
through their name, funding, trustees, administration and potential
employee involvement. As these foundations are growing in number,
size and importance and becoming increasingly visible in the
philanthropic sector, the urgency to understand their role and
functioning becomes more important. The primary aim of this volume
is to deliver a holistic analysis of the current state-of-the-art
on corporate foundations. For that reason, the book includes
different perspectives on and use a hybrid concept of corporate
foundations. The book includes three main parts. First, looking
further into the organizational processes of corporate foundations,
the book analyzes governance and operations as major aspects of
organizational performance. Second, it sheds light on the role of
corporate foundations in various institutional settings. Lastly,
the book includes various stakeholder perspectives on corporate
foundations, including corporate employees, beneficiaries, and
their non-profit partners. By reading the book, readers will build
a comprehensive understanding of the role and functioning of
corporate foundations, understand new avenues for research and, in
case they are practitioners in the field, find practical advice
rooted in academic research.
Companies increasingly play a meaningful role in civil society and
the philanthropic sector through Corporate Social Responsibility
(CSR) and Corporate Philanthropy (CP). The most well studied form
of allocating these resources is through outright contributions to
operating external foundations and other nonprofit organizations.
However, far less is known about the use of corporate foundations,
separate and independent nonprofit entities aimed at channeling
corporate giving to a social mission related to a company.
Corporate foundations are often linked to the founding company
through their name, funding, trustees, administration and potential
employee involvement. As these foundations are growing in number,
size and importance and becoming increasingly visible in the
philanthropic sector, the urgency to understand their role and
functioning becomes more important. The primary aim of this volume
is to deliver a holistic analysis of the current state-of-the-art
on corporate foundations. For that reason, the book includes
different perspectives on and use a hybrid concept of corporate
foundations. The book includes three main parts. First, looking
further into the organizational processes of corporate foundations,
the book analyzes governance and operations as major aspects of
organizational performance. Second, it sheds light on the role of
corporate foundations in various institutional settings. Lastly,
the book includes various stakeholder perspectives on corporate
foundations, including corporate employees, beneficiaries, and
their non-profit partners. By reading the book, readers will build
a comprehensive understanding of the role and functioning of
corporate foundations, understand new avenues for research and, in
case they are practitioners in the field, find practical advice
rooted in academic research.
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