The State of Corporate Philanthropy: How Non-Profits Can Make the Most of Their Current Situation

By: Gene Zlotnikov

At a recent Philanthropy Club meeting I had the chance to hear Kassie Davis, Executive Director of CME Group Foundation in Chicago, speak about corporate philanthropy. Ms. Davis shared her perspective on what non-profits should keep in mind as they reach out to corporate and foundation grant makers.

• Non-profits must be fully aware of what their mission is and be able to properly express their goals to grant makers.

• Do not reach out blindly to companies – do your research. Most corporate foundations have a website in which they clearly state how much money they give and exactly what they support.

• If there is no website or information to determine these specifics, non-profit executives should take initiative in reaching out to the appropriate person within the foundation to see if there is alignment for a partnership.

• The challenge facing grant-seekers is the constant struggle to get a foundation or corporation to listen to their message, let alone provide them with a grant.

Here is the good news: Ms. Davis says that although non-profits have seen funding shrink during the last few years because of the recession, corporate giving has been on the rise since 2010. Non-profits should be on the lookout for organizations that are passionate about the programs they are initiating. They must realize that they are unique and be able to effectively communicate their mission and vision to differentiate themselves from other organizations applying for grants.

To see what the CME Group Foundation supports please visit: http://www.cmegroupfoundation.org/