Corporate giving has traditionally involved writing a check and calling it a day. But at a time when demands for nonprofit services are on the rise, cash donations are on the decline. Meanwhile, a national call-to-service is spotlighting the power of volunteerism.
Enter the new corporate citizen: Instead of donating money to pay for work, companies can cut out the middle man — through pro-bono engagement and skills-based volunteerism. If corporate philanthropy is expanded to include the prized commodity of workplace talent, the relationship can reap considerably more value — and do far more good — for nonprofits and communities in need.
· The Deloitte Volunteer IMPACT Survey suggests many nonprofits and companies should think about pro bono as an actual currency. What exactly does that mean?
· Given the current pressures on revenue in both the private and nonprofit sectors, how can organizations go about making the investments needed to take advantage of skilled volunteers?
· How has Deloitte helped College Summit overcome organizational challenges through its pro-bono work?
· It sounds deceptively simple: Nonprofits are asking for money to pay for work, when they could just be asking companies for the work itself. Why isn’t more of this happening?
· Dean Furbush, president, College Summit
· Evan Hochberg, national director, Community Involvement, Deloitte Services LP
· Humbelina Sanchez, director, Deloitte Consulting LLP