Charity is a noble deed that benefits a society in various ways. Charitable activities can be a game-changer for people in need, and charitable foundations play a pivotal role in making this happen. These foundations channel financial and non-financial aid towards beneficiaries and serve a wide range of causes, including poverty, education, health, and human rights. In this blog post, we’ll explore the purpose of charitable foundations, examples of charitable activities, the top 100 philanthropic companies, small companies that donate to nonprofits, and how to get donations from companies.
What is the Purpose of a Charitable Foundation?
A charitable foundation is a nonprofit organization established to support charitable activities. These activities range from direct aid to individuals to supporting public institutions and society at large. The purpose of a charitable foundation is to promote the common good, improve social welfare, and meet the ever-increasing demand for help. Most charitable foundations are established with a particular public benefit in mind. Some of the most popular public benefits include education, global health, the arts, and environmental conservation.
Charitable Activities Examples
Charitable activities encompass a wide range of programs and initiatives. Some of the most popular charitable activities include:
- Building schools and education centers
- Providing clean drinking water to underprivileged communities
- Fighting hunger and providing food aid
- Supporting disaster relief efforts
- Offering shelter and accommodation to homeless persons
- Providing medical care and support to people living with chronic illnesses
- Supporting environmental conservation efforts
- Promoting gender equality and women’s empowerment
- Advocating for better healthcare policies and systems
- Contributing to humanitarian and peacekeeping efforts
Charitable Foundations List
There are countless charitable foundations globally, each with a unique mission and purpose. The following is a non-exhaustive list of some of the most renowned charitable foundations:
- The Bill & Melinda Gates Foundation
- Ford Foundation
- Rockefeller Foundation
- Clinton Foundation
- MacArthur Foundation
- Carnegie Foundation
- W.K Kellogg Foundation
- Open Society Foundations
- Susan G. Komen Foundation
- Michael & Susan Dell Foundation
What is an Example of a Charitable Organization?
Charitable organizations are similar to charitable foundations, but they tend to be smaller and more localized. In most instances, charitable organizations are created to meet a specific need or demand within a community. Here are some examples of charitable organizations:
- Habitat for Humanity
- Doctors Without Borders
- Save the Children
- The Red Cross
- American Cancer Society
- Feeding America
- Make-A-Wish Foundation
- St. Jude Children’s Hospital
- Habitat for Humanity International
Small Companies that Donate to Nonprofits
It’s not only large-scale corporations that participate in philanthropic activities. Small and medium enterprises also play a vital role in supporting charitable activities. Here are some examples of small companies that donate to nonprofits:
- New Balance
- Warby Parker
What Company Gives the Most to Charity?
The Bill & Melinda Gates Foundation is the largest charitable foundation globally. It has donated over $40 billion to various charitable causes since its establishment. It focuses on addressing various global problems, including poverty, education, health, and climate change. Other corporate entities that give most to charity are the Walton Family Foundation, the Ford Foundation, and the Casey Foundation.
What are the 5 Types of Charities?
Charities are structured broadly under five categories:
- Educational charities that support educational programs and causes.
- Health charities that support research, treatment, and prevention of various health issues.
Environmental charities that support successful conservation and preservation initiatives.
Human rights charities that support programs on gender-based violence, racial and ethnic minorities, refugee programs, and civil rights.
Arts charities that support performance, visual, and fine art programs and initiatives.
Is a Charitable Organization the same as a Nonprofit Organization?
Charitable organizations may be registered with the IRS as non-profit organizations, but not all non-profit organizations engage in charitable activities. Charitable organizations must meet certain criteria such as having a charitable mission, the pooling of funds to make specific donations, and distributing funds to a broad sector of the public, while non-profit organizations are tax-exempt and provide public services for the public benefit.
How to Get Donations from Companies?
If you’re looking to get donations from companies to support a charitable cause, the following tips may be helpful:
- Understand the company’s values: Identify the values, interests, and goals of the corporation. Research, learn and match to your program.
- Build relationships: Build relationships with the company’s employees. Attend events, communicate, ask for advice and be available.
- Create a compelling cause: Make it compelling and authentic. Highlight the urgent needs and quantify the potential impact.
- Use your media savvy skills: Get noticed through social media, press releases, and marketing campaigns.
- Be professional: Draft a clear and concise proposal and follow up in a timely manner.
Charitable foundations donated over $75 billion in 2020, making tangible impacts globally. These foundations support communities and social causes globally, offering equal opportunities and uplifting disadvantaged people. Charitable donations can help solve unprecedented challenges like global coronavirus pandemic and social injustice. The impact and benefits of charity far outweigh the efforts it takes to donate or contribute. There are many ways to engage one’s time, money, and resources, improving the world’s fate, and improving our own ethical fulfillment.