Can you name five corporations that have excellent community programs? Do their efforts affect where you take your business or where you want to work?
Corporate Community Investment has evolved a lot over the last decade as companies look to leverage their brand with customers and in the communities in which they operate. This is why it is important that the charities that companies support align with their values and business profile.
When corporations invest in communities strategically they can drive value for both their brand and for the organizations they support. When you think about Tim Horton’s or Canadian Tire, you know that they support programs for kids. They both have signature programs that are run by their own charitable foundations. These foundations are supported by the company of course, but also by the company’s customers and employees.
Customers expect companies to give back to the community and will support these causes if they believe that the company is authentic in its support. This is why so much money is raised on Camp Day at Tim’s and Jumpstart Day at Canadian Tire.
It’s overwhelming each year to see how our guests come together to support the Foundation. On Camp Day, buying a cup of coffee and participating in the many activities helps contribute to a positive change in a child’s life. And that’s a good feeling. Bill Moir, President, Tim Horton Children’s Foundation
The role employees have in supporting community programs has grown significantly as well. Corporations encourage employees to contribute both money and time to charitable causes, either of their own choosing or for the company’s signature program.
Many corporations have an annual employee giving campaign in support of United Way or other charities. If the corporation’s signature program aligns with the culture of the company, this campaign can engage employees and provide something for employees to rally around.
Employee volunteering programs benefit the company with employee engagement and retention, the charity with needed hands and skills for projects, and employees with team events and building leadership skills. Such events further strengthen the company’s place in the community, and in some cases provides public or media exposure to both the organization and charity.
Charities have had to evolve with the increase of Corporate Community Investment. Instead of simply receiving cash or products they now work with the company to develop a meaningful, and potentially ongoing partnership; a partnership that has to meet the needs of both the charity and the company. This leads to more people understanding the charitable mission, while companies are able to draw an emotional connection to their brand.
There are a lot of great examples of Corporate Community Leaders in all industries. You can check them some of them out at Imagine Canada.