Corporate philanthropy refers to the giving by a for-profit company directly to charitable organizations from the corporation, or to individuals in need, with the intention of improving the quality of life. The expense incurred through voluntary grant-making is typically planned as part of the company’s annual budgeting process. Corporate philanthropy is a key component of a corporation’s broader social responsibility and includes cash gifts, product donations, and employee volunteerism. It serves as a major link between the corporation and the communities it serves.
Today, corporations want to measure value and accomplishment, not based on corporate resources provided to improve society, but by actual outcomes achieved. Corporations view grants as strategic investments intended to achieve measurable charitable returns. Corporate philanthropy has moved beyond grant-making and check writing. It is now regarded as a sound business practice that is in the best interest of shareholders and stakeholders alike, and it is often included as a part of a company’s mission and business practices.
BEMF receives grants and donations from numerous corporate sponsors that have made a commitment to serve the non-profit community. BEMF also established a Community Partnership Program to allow smaller businesses and individual proprietors to make a long-term commitment to BEMF’s financial well-being. Community Partners make a pledge of $400 annually over 5 years for a total commitment of $2,000.
If your company would like to discuss supporting the work of the Boston Early Music Festival through a corporate gift, grant, or our Community Partnership Program, please contact Kathleen Fay at 617-661-1812.
Boston Early Music Festival gratefully acknowledges support from the following corporate sponsors.