A corporate (company-sponsored) foundation is a private foundation that derives its grantmaking funds primarily from the contributions of a profit-making business. The company-sponsored foundation often maintains close ties with the donor company, but it is a separate, legal organization, sometimes with its own endowment, and is subject to the same rules and regulations as other private foundations.
Our Corporate Foundation Members include
A.O. Smith Foundation, Alliant Energy Foundation, American Family Insurance Dreams Foundation, Ascendium Education Group, Badger Meter Foundation, Baird Foundation, Inc., Brewers Community Foundation, Inc., CUNA Mutual Group Foundation, Direct Supply Foundation, Forest County Potawatomi Foundation, IFF, Inspiring Community, Inc., Johnson Controls Foundation, Komatsu Mining M3 Insurance, Madison Gas & Electric Foundation, Midwest Asset Management, Milwaukee Asset Management, Milwaukee Bucks Foundation, Milwaukee Business Journal, National Guardian Life Insurance Group, National Investment Services, Northwestern Mutual Foundation, J. P. Morgan Foundation, Old National Bank, Rexnord Foundation, Inc., Rockwell Automation, Total Administrative Services Corporation (TASC), Wisconsin Women's Business Initiative Corporation (WWBIC)
Did you know?WPN's members with corporate foundations constitute 15% of total membership.
Select Resources
Key Facts on Corporate Foundations Foundation Center Charitable giving by the nation's nearly 2,500 corporate foundations remained virtually unchanged in 2008, according to our new report, Key Facts on Corporate Foundations. Giving totaled an estimated $4.4 billion last year. Corporate foundation giving in 2009 will most certainly decline; 51 percent of corporate foundations responding to the Center's survey said they expect to reduce their giving this year.
Guide to Creating A Successful Matching Gift Program Council of Michigan Foundations Concrete advice on eight critical issues related to the design, implementation and operation of a corporate matching gift program. Sample forms and case studies included.
Stewardship Principles for Corporate Grantmakers Council on Foundations These Stewardship Principles and Practice Options to Strengthen Performance describe how corporate grantmakers can reflect these fundamental values in their governance, management and grantmaking.
A Compliance Guide for 501(c)(3) Private Foundations IRS A guide provided by the IRS outlining the law and its restrictions, detail reporting requirements, IRS forms that must be filed, and a summary of recordkeeping obligations for private foundations.
The State of Corporate Citizenship (Free, Login Required) Boston College Center for Corporate Citizenship and The Hitachi Foundation Corporations are not always living up to their stated beliefs in corporate citizenship, reports this biennial survey of senior executives from 751 small, medium, and large U.S. companies.
National Organizations
Committee Encouraging Corporate Philanthropy (CECP) is the only international forum of business CEOs and chairpersons pursuing a mission focused exclusively on corporate philanthropy.
Association of Corporate Contributions Professionals (ACCP) is the nation's leading independent organization providing services and support for corporate contributions, community relations, and employee volunteer managers.
Boston College Center for Corporate Citizenship was founded in 1985, and is a membership-based research organization associated with the Carroll School of Management. They are committed to helping business leverage its social, economic and human assets to ensure both its success and a more just and sustainable world. As a leading resource on corporate citizenship, they work with global corporations to help them define, plan and operationalize their corporate citizenship. Through the power of research, executive education and the insights of our 350 corporate members, they create knowledge, value and demand for corporate citizenship.
For additional resources and free research assistance, please contact WPN about becoming a member!
“Creating a strong business and building a better world are not conflicting goals—they are both essential ingredients for long-term success.”
- William Clay Ford, Jr.
