Why to do donations by the corporate sector to non profit organizations?
A donation no matter how small can make a huge change to the beneficiaries receiving and when done overtime with the intention of making a move for the upbringing of the weekend sections. These corporate organisations. Provide a helping hand which doesn’t cost much on of the donors but over a period of time can bring a huge change into the society. The corporate donations to charity singapore usually range from $10,000 to $50,000 as reported by Singapore charitable trust in a period of one year
Then there are individual cash sponsors Whose donations range from 10,000 to $25,000
There programs includes the community marts with f and b like provisions.
The community meal plans and daily bread and eggs are being donated on a daily basis on sponsorship deal made between the donor corporate organizations and sponsors as well.
These donations by corporate organisations Have brought new light to ideating the philosophy of equating the wealth through sharing and bringing.
Various forms of donations done:
The corporate donations can take various forms ranging from cash donations to raising funds and also providing the beneficiaries with essential needs like bread and eggs over a period of one year daily free of cost.
The system of establishment of community Marts has been highly appreciated by the people receiving it. hence the people in capable of providing for themselves or with any physical disability look up to these donations which is also supported by the local governance in Singapore by exemption of taxes.
The corporate sector comes under financial part of the business sector and their donations in cash or raising funds through sponsors has been a very redeeming way in order to support the beneficiaries.
Tax exemption is another add advantage by the government to support this self less act of charity.
The corporate organisations have partnered with a charitable organization yearly basisand it has made it into the companies policy as a part of giving back to the society which benefits not only the beneficiaries but also the donors with high levels of moral satisfaction of giving it back to the society. When any charitable work done on a large scale on the organization level can sum up to huge amounts in bringing up the backward parts of the society.