From the U.S. Chamber of Commerce Foundation announcing its annual Corporate Citizenship awards, to new research on the potential impact of income inequality on American charities, below are the headlines that caught our attention in November.
ISSUES WE’RE TRACKING…
The Institute for Policy Studies published a report that explores how U.S. charitable giving varies across socioeconomic classes. Among the report’s conclusions, the authors found that a concentrated group of wealthy donors are increasingly accounting for the total amount given to charities annually. IPS officials are concerned that this could translate to certain funding risks for charitable organizations.
On November 18, the U.S. Chamber of Commerce Foundation announced the winners of its annual Corporate Citizenship Awards. The awards recognize businesses making a significant, positive impact on the communities and societies in which they operate. Among the winners, GSK was recognized as the Best Large Business Corporate Steward.
In honor of Veterans Day, Forbes published an article detailing the difficult mental and physical health issues faced my millions of veterans. Among the many eye-opening stats included in the article, at least 20% of the veterans who served in Iraq or Afghanistan suffer from either major depression or PTSD.
The Philanthropist’s Burden (Harvard Business Review)
In “The Philanthropist’s Burden,” Tim Sullivan, Editorial Director of the Harvard Business Review, highlights how philanthropy has become increasingly more nuanced. In the article, he concludes that “it’s clear that giving away money must be as disciplined a process as making it in the first place.”
BRANDS WE’RE TRACKING…
DICK’S Sporting Goods: