How to Ensure Effective Corporate Philanthropy

Based in NJ, Pasquale Storino is the director of operations and general counsel at Jenkinson’s Boardwalk located in Point Pleasant Beach. Pasquale Storino is in charge of daily operations and legal affairs at the company. Outside the company, he is involved in philanthropy.

For centuries, humans have found ways to help other humans whom they consider to need financial support and assistance. However, certain elements and considerations make corporate philanthropy effective and worthwhile.

First, for any form of philanthropy to be effective, it must be backed by a vision. You should get people to understand what your organization wants and within what period or timeframe you seek to achieve them. This will make it easier to bring people aboard your project. Having people onboard makes it easier to be inclusive. You should carry people along in your decisions, from fundraising to income and expenses. This is important to build trust.

Transparency is also important in achieving effective corporate philanthropy. Transparency complements inclusion because it gives people a clear idea of what is happening with the funds raised and removes suspicion and mistrust.

Finally, you must keep making things happen. Getting lax after raising funds and getting people on board is easy. Therefore, you should keep the momentum up to make an impact with your philanthropy.