CECP is offering a first look at the latest corporate giving trends highlighted in its Giving in Numbers brief which provides a snapshot of corporate social investments, employee volunteerism, engagement and more.

We’re taking a look at the findings from 250 companies surveyed ahead of the full report’s release, which is expected this fall.

In total, the companies surveyed gave $26 billion. That’s a 9 percent increase from the aggregate giving of more than 250 companies surveyed by CECP in the 2018 edition of Giving in Numbers.  

Key takeaways from the 2019 brief:

• 28 percent of total corporate giving by the participating companies went to education. This rate remains the same as 2018.

• 25 percent of total giving went to health and social service programs. This rate remains the same as 2018.

• 16 percent of total giving went to community and economic development programs. This rate is a slight increase of 1 percent from 2018.

• Seven out of 10 companies reported giving globally. This rate remains the same as 2018.

• The average corporate volunteer participation rate was 33 percent. That’s a 3 percent increase from 2018.

• Approximately 66 percent of participating companies offer paid-release time volunteer programs. This rate is a slight increase of 1 percent from 2018.

• Nine out of 10 companies match employee donations. This rate remains the same as 2018.

CMF corporate members have been actively engaging with one another over the past year to learn best practices for improving corporate giving strategies in the state.

On August 21, CMF corporate foundation and giving program members will gather for a conversation around capacity building in a session led by the Michigan Nonprofit Association (MNA).

Capacity building was a major topic at the Corporate Spring Retreat in May as funders expressed an interest in exploring strong capacity building programs to learn how to strengthen their own work in that area and better align with their nonprofit partners.

In August, MNA will talk about capacity building as it relates to diversity, equity and inclusion (DEI) and some of the unique technology needs the organization is seeing in Michigan.

In addition to this discussion at the upcoming convening the group will also have dedicated time to crowdsource ideas from their corporate giving peers and share issues and topics related to their work.

Want more?

Check out the data from CECP.

Register for the Summer Corporate Convening happening on August 21 in Lansing.

Take a look at the two corporate-focused breakout sessions designed by CMF corporate members taking place at CMF’s Annual Conference: The Balancing Act Between Company and Stakeholder and Creating Connections for Bigger Impact and Business Success.