Quick 5: Philanthropy for your small business

While we may be in awe of companies like Google, Apple and Disney, the vast majority of the U.S. is made up of small businesses, those with less than 500 employees. With over 50% of the working population working for a small businesses, their cumulative impact is enormous so why not put it towards good use, like philanthropy. Here are five ways you can start building a philanthropic program for your small business.

  1. Establish a Dollars for Doers Program.  Designate a contribution amount ($50, $100, $500) to the employee’s charity of choice for volunteering a certain number of hours with the company.  In essence, employees get “dollars for doing.”

  2. Allow time off to volunteer during the workweek by setting a designated number of hours a year (such as 4, 8, or 16 hours per year).

  3. Participate in a day of service where the entire company comes together on a specific day or weekend to volunteer.

  4. Manpower. Your company’s biggest asset could be the number of employees working for you.  Disaster relief charities are always in need of volunteers during a time of crisis so training your workforce to fill the demand is an easy way to help.

  5. Not all sponsorships have to be about cash.  Companies can offer their facility to host events/meetings/conferences or assist with printing invitations or programs.