Donations from nearly 300 leading companies and their employees signify a shift to event-triggered giving
Data from the Benevity client community shows a significant shift in charitable donation trends in 2016 and 2017. This data comes from nearly 300 global companies representing more than $1 billion in donations to more than 100,000 charities worldwide.
Employee and company giving trends experienced a marked shift, with human rights organizations taking top slots from long-standing leaders. Additionally, the data points to new trends with workers immediately responding to newsworthy events with the support of their employers who are making event-triggered giving and volunteering easier through consumer-grade enterprise “Goodness” technology, like Benevity’s Spark.
Highlights include:
- For the first time ever, the American Civil Liberties Union tops the charitable causes chart – a massive leap from the 87th spot just two years ago
- Planned Parenthood moved from number 9 to number 3, sustaining quadruple the donation volume for months
- Corporate giving trends are now influenced by current events. For example, following the Charlottesville White Supremacist March in August, donations to Southern Law Poverty Center spiked to 29 times year over year growth.
“The most progressive companies in the area of employee engagement are recognizing that the current socio-political climate requires them to create diverse and inclusive workplaces in which people feel a sense of belonging in a world rife with tension.”— Bryan de Lottinville, Founder & CEO, Benevity
Likely sparked by the current socio-political climate and by long-brewing changes in the way companies and their people look at giving back, the data points to a growing notion that today’s corporate giving landscape is at a tipping point. No longer merely about seeking a tax deduction or requiring dutiful participation in a company’s annual fundraising campaign, corporate “Goodness” is increasingly about companies allowing and often helping their people to take the lead on social impact initiatives and support the causes that matter to them personally.
“Companies aren’t simply leveraging the news cycle or vocalizing their political views for branding purposes,” says Benevity Founder and CEO Bryan de Lottinville. “The most progressive companies in the area of employee engagement are recognizing that the current socio-political climate requires them to create diverse and inclusive workplaces in which people feel a sense of belonging in a world rife with tension.” de Lottinville continues, “Companies and their senior leadership recognize that they need a new approach to their corporate and workplace giving programs that is responsive to the passions and purpose of their people, and which helps define their corporate culture. If they truly want to win the war on talent, corporations need to value the values of their people in a way that adds meaning and purpose to their work and life.”
While the U.S. Presidential election was a major catalyst for this shift, other notable trends such as greater expectations for corporations to be agents of social change, the availability of consumer-grade, experiential technologies that make it easier for companies to empower their people to be pro-social at work on a global scale, and a shifting workforce that sees more Millennials at work -- are all contributing as well.
Read more in the Washington Post: U.S. workers have been giving a lot more money to the ACLU