Asked by Dharmesh Kharel on Jun 20, 2024
Verified
What type of giving is done in support of a corporation's business goals?
A) gifts-in-kind
B) planned giving
C) charitable gift annuity
D) strategic philanthropy
Strategic Philanthropy
A form of philanthropy where donors seek to achieve the greatest possible impact through their charitable activities by using data, research, and careful planning to address systemic issues.
Charitable Gift Annuity
A financial arrangement in which an individual donates assets to a charity in exchange for a fixed income stream for a specified term or for life.
Gifts-In-Kind
Non-monetary items of tangible personal property or services provided to an organization as donations.
- Recognize strategic philanthropy and its connection to corporate business goals.
Verified Answer
Learning Objectives
- Recognize strategic philanthropy and its connection to corporate business goals.
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