As government spending for social services declines, the role of
corporations is expanding to fill the void. Corporations must justify this
giving to shareholders in light of the call for efficiency and increased
profitability, hence the evolution of strategic philanthropy.
This
report recounts the financial and legal history of strategic philanthropy
and details the benefits that accrue to corporations that give to
charitable causes in a strategic manner, as well as outlining historical
arguments against such giving. In conclusion, methods for implementing
strategic philanthropy in both larger corporations and start-up
environments are outlined.