Did you know that most businesses set aside money to
help fundraise in their communities?
Why Businesses Donate to Their Communities
Most businesses that line the streets in your community donate to local nonprofits. After seeing a manager comp an entire Cub Scout troop lunch, my observant, verging on astute, second-grader asked, “Why did that man give the Cub Scouts free lunches?”
Not only is that a great question, but it is also testimony that businesses like to help their community. Many businesses believe it’s important to give back to their communities by donating to local nonprofits. This way, they can help to improve the lives of their customers, employees, and neighbors.
Donating also improves its image in the eyes of its customers, employees, and the community. This can lead to increased sales, improved employee morale, and a stronger reputation. It worked on my second-grader—she’s already talking up Chick-fil-A to anyone who’ll listen.
Customers are more likely to do business with companies or small businesses that they believe are giving back to the community. By donating to local nonprofits, businesses can attract and retain customers who are passionate about supporting their community. In the same light, employees are more likely to want to work for companies they believe are making a difference in their community—and they know in advance they’re not joining a team that doesn’t have any social responsibility.
Speaking about social responsibility, there are business owners and managers who donate to nonprofits for the tax deduction. Whatever the reason, donating to local nonprofits benefits the community, which helps stoke growth.
By giving back to the community, businesses that help fundraise can improve their image, attract and retain customers and employees, and gain tax benefits.