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29 Sep 2022, 16:54 GMT+10
Every corporate organization wants to make a positive environmental impact. They also want to contribute to the community. While they are aware of the same, they are unaware of how they can positively impact others. While there are many ways to contribute positively, organizing a fundraiser or donation drive is the best. Business owners have always appreciated those programs that have allowed them to give back to others in need.
Fundraiser programs are an excellent way to bring together business people from different firms, thus paving the way for cross-firm relationships that can last as long as you want them to. While making a fundraiser program successful can be challenging, it is not impossible. Here's how you can do that.
When planning your fundraiser program, it is essential to be strategic about what you choose to do. Your chosen cause or organization should be personally important to your business and its employees. Here are some questions that can help guide your decision:
Everyone knows the power of networking when it comes to job opportunities. Job seekers use networking to find new jobs. You can use the same to find them. Many businesses ask their existing employees for referrals. Tapping into the network's potential can help your corporate volunteer event succeed. For instance, you can:
You have the right intention and cause to host a fundraiser or donation drive. However, what about the expertise? While it may seem surprising, even helping others the right way needs some expertise. For example, if you want to help children with their reading skills, you need someone with experience working with them. Similarly, if you're going to help people with disabilities, you need someone who has worked with them. This is where finding and partnering with a nonprofit organization comes into the picture.
Finding the right nonprofit partner is essential for success. Finding a nonprofit organization in line with your company's overall mission and values is important. Consider the recent example of CVS pharmacy. The company partnered with a local nonprofit to provide food-allergy-safe treats during this Halloween season.
Partnering with a nonprofit will give your fundraiser program credibility. It will show the volunteers and potential donors that you are serious about helping those in need. This will encourage people to donate funds and make your event successful.
To find the right partner, you'll want to ensure that any organizations you're considering are doing work that directly aligns with what matters most to you and your employees. For example, if sustainability is essential for your business, look for an organization primarily focusing on environmental protection, conservation, or both.
Researching local nonprofits is the first step in determining where your corporate volunteers should go and how they can best serve. Research the causes that each nonprofit supports and how those causes align with your company.
Do not simply look at the size of a nonprofit or its reputation; instead, look at what they are doing in their community and how you might help them to do it better. Consider asking potential hosts questions like:
One of the best ways to ensure your fundraiser is successful is to insure the volunteers. This can be done in two ways: through a third-party insurance agency or your corporate insurance agency. If you choose to go with a third-party insurance agency, you will need to provide them with information about your organization and its volunteerism and risk management policies. The company will then send an application for approval before issuing policy documents for their services.
If you decide to use your corporate agency instead, be sure they understand what coverage is necessary for all employees who plan to participate in any community service activity and tailor their policies accordingly.
It is advised to go with third-party insurance for comprehensive volunteer risk management. You can choose a reliable volunteer insurance provider for your employee volunteers. It will protect your volunteers from various liabilities with a liability claim. Moreover, it will protect your organization against any volunteer-related claims. This can be extremely useful if you partner with another company for your fundraiser.
For example, if you partner with a company and its employees join your workforce for the work, your company gets protected from any claims against those employees. It also protects you against lawsuits due to the fault of your employees, but since you have insurance coverage for your employees, the insurance will cover the liabilities as per the decided terms and conditions.
After your corporate volunteers have completed their time, it's essential to follow up with them and appreciate their work. This can take several forms:
Volunteering is best when it addresses real needs and connects with the passions of workers. With the right approach and careful planning, your company can create a unique volunteer program that benefits both the company and its employees. This can be essential to building a sense of community among workers while giving back to society. It's also a great way to promote goodwill between business owners and their communities.
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