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  • Write You - The Softer Benefits of Corporate Giving

    Where is Silicon Valley's A-Team?
    I once worked on a company funded by Pierre Lamond, veteran Venture Capitalist at Sequoia Capital. During the interview, Pierre asked me, “How old is your father? What does he do? Is he retired?” I explained, that my father (in his sixties) is an entrepreneur, and will never retire, because he still has too many things that he wants to accomplish, and that he will die trying to get through as many of them as possible, and not run out of things to try. Pierre nodded and said, “I don’t understand 50-year old executives who want to play Golf all day.”I had another conversation with Jim Hogan of Telos Venture Partners over lunch one day on the same subject. Jim said, “You know, when a man is successful, has made money, what he is looking for is his Legacy.”If you look around Silicon Valley tod
    or they can be can be other items that the charity can use, such as furniture, computers, food, etc. When companies contribute the services for which they normally charge clients, for example, marketing or legal services, these in-kind gifts are called pro bono donations.

    To help support charities that their employees contribute to or to encourage employees to contribute to charities already supported by the organization, companies can enable donations to come directly from the employee’s payroll check. Frequently when such systems are in place, they are part of a company matching program which has the company match, or exceed by so

    Business Partnerships - What Do They Involve?
    What is a Partnership? A partnership can be defined as; two or more people or organisations carrying on a business together with a common goal of making a profit. It is an association of two or more persons carrying on a business as co-owners, with the objective of making a profit together.Arises from an Agreement by Two or More Parties It can be established by an oral agreement or written contract and is normally assumed to exist when there is a perceived intention (by the parties concerned) to be partners. A partnership is a common and simple method of structuring a business. It is inexpensive and does not have to comply with many regulations or laws, except those contained in the partnership agreement which binds the parties involved together.A partnership involv
    Have a favorite charity or non-profit community cause to which you contribute time and resources? Chances are your company will be interested in supporting it, too.

    According to the Giving USA 2004 study released by the Giving USA Foundation in the summer of 2004, American individuals, estates, foundations, and corporations gave an estimated $240.72 billion to charitable causes in 2003. In the US, during the five years spanning 1998-2002, corporations contributed $55 billion, (5%) of the total $1135 billion. Corporations also gave through foundations, which contributed an addition $121 billion (11%) of the five year total.

    People tend to be aware that there are financial benefits to corporations for donating to charities and that corporations want to be good, forward-acting citizens. What people—and many organizations—don’t realize yet is that there are still other motivators and benefits for corporate giving. The fact is, increasing numbers corporations are extending the benefits of their corporate giving activities by leveraging them as team building programs and employee support initiatives that increase even further the benefits these activities bring to the company itself.

    For example, according to Marjorie Polycarpe in a December 2003 article Re-Examining Workplace Giving Programs (http://www.onphilanthropy.com/bestpract/bp2003-12-31.html), she quotes the manager of the employee giving campaign at American Express, Angela Woods, who discussed how her company involved employees early on in their planning process for corporate giving activities to help guide their choices for charities. Getting employee input helped American Express identify the causes and charities that were most important to their employees.

    This approach helps organizations communicate to their employees that they respect and support their employees’ donations of personal time and resources. It also helps companies demonstrate that support, by forming foundations, by contributing cash, in-kind gifts, and/or matching programs, and by encouraging other employees to get involved in particular causes and facilitating their involvement.

    When companies form foundations, they establish organizations focused on giving to a particular cause or which is authorized to contribute to approved organizations.

    Companies can also contribute cash gifts directly to charitable organizations.

    When companies donate non-cash resources, these are called in-kind gifts. In-kind gifts can be products that the company produces, moved out of its inventory, or they can be can be other items that the charity can use, such as furniture, computers, food, etc. When companies contribute the services for which they normally charge clients, for example, marketing or legal services, these in-kind gifts are called pro bono donations.

    To help support charities that their employees contribute to or to encourage employees to contribute to charities already supported by the organization, companies can enable donations to come directly from the employee’s payroll check. Frequently when such systems are in place, they are part of a company matching program which has the company match, or exceed by so

    The Hottest KISS
    The word ‘KISS’ sent a tingling sensation down under your heart. Frankly, I wake up everyday in my life in search of a KISS. And where I find it daily from two guys, all the way down to Silicon Valley. It is called the ‘Google’.Can you imagine, if the KISS is so hot and most wanted, why most of business executives and CEOs keep running away from it? Well, all the management Guru are still to find and I am certainly not running away from a KISS.What is KISS? It is “Keep it Simple, Stupid”. It is a business idea which has done wonder in numerous businesses but still strategist and planner keep running away from KISS.Simplicity in life goes a long way. Perfect example of this is Google home page, with a search box and very limited text here and there. I do not have to tell you, who are
    ple tend to be aware that there are financial benefits to corporations for donating to charities and that corporations want to be good, forward-acting citizens. What people—and many organizations—don’t realize yet is that there are still other motivators and benefits for corporate giving. The fact is, increasing numbers corporations are extending the benefits of their corporate giving activities by leveraging them as team building programs and employee support initiatives that increase even further the benefits these activities bring to the company itself.

    For example, according to Marjorie Polycarpe in a December 2003 article Re-Examining Workplace Giving Programs (http://www.onphilanthropy.com/bestpract/bp2003-12-31.html), she quotes the manager of the employee giving campaign at American Express, Angela Woods, who discussed how her company involved employees early on in their planning process for corporate giving activities to help guide their choices for charities. Getting employee input helped American Express identify the causes and charities that were most important to their employees.

    This approach helps organizations communicate to their employees that they respect and support their employees’ donations of personal time and resources. It also helps companies demonstrate that support, by forming foundations, by contributing cash, in-kind gifts, and/or matching programs, and by encouraging other employees to get involved in particular causes and facilitating their involvement.

    When companies form foundations, they establish organizations focused on giving to a particular cause or which is authorized to contribute to approved organizations.

    Companies can also contribute cash gifts directly to charitable organizations.

    When companies donate non-cash resources, these are called in-kind gifts. In-kind gifts can be products that the company produces, moved out of its inventory, or they can be can be other items that the charity can use, such as furniture, computers, food, etc. When companies contribute the services for which they normally charge clients, for example, marketing or legal services, these in-kind gifts are called pro bono donations.

    To help support charities that their employees contribute to or to encourage employees to contribute to charities already supported by the organization, companies can enable donations to come directly from the employee’s payroll check. Frequently when such systems are in place, they are part of a company matching program which has the company match, or exceed by so

    Dealing with Change in the Workplace - The Human Face
    New technologies, global competition, changing values and lifestyles all mean change has become an accepted way of organizational life. Change is a given and you need to handle it well!Your role in dealing with change in the workplace is to come out the other side of the change with a positive outcome - regardless of whether you’re heading up the change drive or having to cope with navigating the waters of an unwanted change.Shock, Confusion, Denial, Anxiety and Fear, Hostility, Resistance, Sadness and Stress are common reactions to change. Let's look at how you and your leader can best handle each of them:Shock: Are you content with the status quo? If you are, then when change is sprung upon you it may take some time for the idea to set in that you need to chang
    mining Workplace Giving Programs (http://www.onphilanthropy.com/bestpract/bp2003-12-31.html), she quotes the manager of the employee giving campaign at American Express, Angela Woods, who discussed how her company involved employees early on in their planning process for corporate giving activities to help guide their choices for charities. Getting employee input helped American Express identify the causes and charities that were most important to their employees.

    This approach helps organizations communicate to their employees that they respect and support their employees’ donations of personal time and resources. It also helps companies demonstrate that support, by forming foundations, by contributing cash, in-kind gifts, and/or matching programs, and by encouraging other employees to get involved in particular causes and facilitating their involvement.

    When companies form foundations, they establish organizations focused on giving to a particular cause or which is authorized to contribute to approved organizations.

    Companies can also contribute cash gifts directly to charitable organizations.

    When companies donate non-cash resources, these are called in-kind gifts. In-kind gifts can be products that the company produces, moved out of its inventory, or they can be can be other items that the charity can use, such as furniture, computers, food, etc. When companies contribute the services for which they normally charge clients, for example, marketing or legal services, these in-kind gifts are called pro bono donations.

    To help support charities that their employees contribute to or to encourage employees to contribute to charities already supported by the organization, companies can enable donations to come directly from the employee’s payroll check. Frequently when such systems are in place, they are part of a company matching program which has the company match, or exceed by so

    Medical Billing - The Department Heads
    If medical billing software companies let the inmates run the asylum, nothing would get done. Total chaos would be the least of your problems. So in order for a medical billing software company to run properly, you need a few department heads to keep the inmates in line. What follows is a review of the key people you will need, why and what they must be able to do.To start off with, you're going to need an overall manager to look over the whole company. The reason is because there must be a coordinated effort between programming, QA and support, otherwise there is a strong potential that the three departments will go off in different directions. If this happens, the end product, plus the support that goes along with it, will be shoddy and poorly supported. So this person, whoever you want t
    anies demonstrate that support, by forming foundations, by contributing cash, in-kind gifts, and/or matching programs, and by encouraging other employees to get involved in particular causes and facilitating their involvement.

    When companies form foundations, they establish organizations focused on giving to a particular cause or which is authorized to contribute to approved organizations.

    Companies can also contribute cash gifts directly to charitable organizations.

    When companies donate non-cash resources, these are called in-kind gifts. In-kind gifts can be products that the company produces, moved out of its inventory, or they can be can be other items that the charity can use, such as furniture, computers, food, etc. When companies contribute the services for which they normally charge clients, for example, marketing or legal services, these in-kind gifts are called pro bono donations.

    To help support charities that their employees contribute to or to encourage employees to contribute to charities already supported by the organization, companies can enable donations to come directly from the employee’s payroll check. Frequently when such systems are in place, they are part of a company matching program which has the company match, or exceed by so

    Unlocking Hidden Profits in Your Business
    Copyright 2005 Wayne McDonaldPractically every business article I come across talks about number crunching. Everything is broken down into ROI (rate of return), the value of each customer and the number of customers per month.Unfortunately, the most important factor left out of all these formulas is you --- the business person. If you have a poverty mentality or a fear of not having enough, then you will restrict the flow of income.As my friend Ida says, "Money is Easy." Creating more income or abundance in our lives is that simple, but most of us try to make it harder or more complicated than it is.The hardest thing about our relationship with money is giving up our idea of what that income is or where it will come from. We must focus on what it CAN BE. For example, most bus
    or they can be can be other items that the charity can use, such as furniture, computers, food, etc. When companies contribute the services for which they normally charge clients, for example, marketing or legal services, these in-kind gifts are called pro bono donations.

    To help support charities that their employees contribute to or to encourage employees to contribute to charities already supported by the organization, companies can enable donations to come directly from the employee’s payroll check. Frequently when such systems are in place, they are part of a company matching program which has the company match, or exceed by some percentage, cash donations made by the employee. So, for example, if an employee contributes $50 per pay period to an authorized charity, the company would contribute $100 per pay period in a 2:1 program. The company would be contributing in a similar manner for all of the other employees in the program.

    Companies are finding that this sort of support, in addition to public recognition and praise of employees who donate their time and personal resources to various causes, helps them communicate to employees that they are valued as individuals. It also provides a forum through which the company can show appreciation to the employee for the benefits it receives through the positive association with the employee.

    According to Kurt Rechner, President and Chief Operating Officer of Tejas Securities Group, Inc., “Tejas Securities contributes regularly to charities as a way to give back to our community and to show support for our employees and the companies with which we do business. For example, we’ve made contributions to the Children’s Medical Center Foundation of Austin, the Austin Film Society, and Meals on Wheels, each of which provides wonderful benefits to the people in and around our home-base of Austin, Texas. In addition, we recently learned about the great work being done by Big Brothers of Massachusetts, and we made contributions to that organization as well. I think it’s important for companies to openly communicate with their employees and business partners about their corporate giving activities. By sharing information, the employees feel valued, the organization learns about good organizations that need its support—and it creates a win: win all the way around.”

    Companies frequently find themselves contributing around themes. Some, for example, find their employees tend to want to support health-related causes, such as Breast Cancer Research or Alzheimer’s research or other causes that may have affected families and friends. Other organizations find their employees gravitate towards education-related initiatives, such as the TJ Ford Foundation and Reading Is Fundamental. And many organizations find themselves contributing to organizations that help support children, especially organizations that provide esteem-building like Big Brothers/Big Sisters and those helping children with special needs, such as Special Olympics and Make a Wish Foundation.

    With good causes being a good rallying point for boosting morale, many organizations use their corporate giving programs as team building tools to help unite t

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