Senior business leaders in Philadelphia and their companies regularly engage in community-based philanthropy, a report from the Chamber of Commerce for Greater Philadelphia and Philanthropy Network Greater Philadelphia finds.
Based on a survey of a hundred companies represented on the chamber's board, the report, How Employers Give: A Look at Philanthropy and Volunteerism in Philadelphia (27 pages, PDF), found that 90 percent of employer giving benefiting communities and nonprofits in the metro area comes from companies headquartered in Philadelphia, and that employers spread their giving across a large number of nonprofit organizations, with more than a third of respondents saying they supported over fifty nonprofits over the past year. According to the report, respondents contributed a total of $90.9 million over the past three years to organizations in the city, although because the survey was sent to only a portion of the chamber's membership, the actual amount is likely much higher.
"Our city becomes stronger when a variety of actors — from foundations and corporations to nonprofits and civic leaders — come together to address issues," said Philanthropy Network president Sidney Hargro. "Through this report, it's clear that employers want to make a difference in the communities in which they work and are using a variety of strategies to make an impact. We're excited to use this information as a starting point to inspire even greater philanthropic activity in Philadelphia."