We partner with Somerset-based businesses to help them achieve their charitable and corporate social responsibility goals.
Businesses are becoming increasingly socially responsible. We see many examples of companies in Somerset seeking to support their local community, but often other demands on their time mean they can struggle to respond to all the approaches they receive from local charities. Running their charitable corporate giving through a Community Foundation is a great way for companies to ensure that their good intentions are delivering real impact and helping those most in need.
Some companies choose to set up a Corporate Fund, a ring-fenced fund created to benefit causes and themes important to your organisation. You can choose to restrict your gifts to a geographical area, for example near your company offices, or to particular charitable activities, such as developing the skills of young people. SCF will promote and seek applications that meet your required criteria.
Registering your company for payroll giving provides your employees with a convenient and tax-efficient way to make small contributions through their gross salary, on a regular basis. As an employer you can deduct the specified amount before tax. This has been shown to have a very positive effect on employee engagement, and demonstrates that your company is committed to supporting its staff and the local community.
No matter the size of the company we can help make your corporate philanthropy more effective and impactful. If you have questions about how your company can support our work, please call Laura Blake on 01749 344949 or email firstname.lastname@example.org
Setting up a Corporate Fund
"At Myakka it is important to us that our ethics have relevance in our local community as well as in the countries in which our products are sourced. Somerset Community Foundation's knowledge and expertise has helped us to establish and manage our own Myakka Grassroots Fund through which we have been able to make a difference in our local area with appropriate giving to local support groups and projects that we would otherwise not have been able to reach." - Georgie Hopkins, Myakka
Setting up a corporate charitable fund is a simple alternative to a company foundation, offering great flexibility without the administrative burdens. It is a rewarding and exciting way of supporting your local community today or over the long term. A fund can be set up in your company’s name and you decide what issues or areas your fund will support.
By working with Somerset Community Foundation, your company can:
- establish a fund to support the causes and geographical areas which you select
- actively encourage charities and community groups to make applications for funding
- involve staff in choosing which charities to support by appointing an internal selection panel
- visit community projects you have funded
To find out more about setting up a fund, contact Laura Blake, Development Director on 01749 344949 or email email@example.com
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