Many corporate foundations do not have a fixed annual budget, but a funding based on corporate profits. While this might work well during an economic prosperity, it can pose a huge financial risk and uncertainties for those foundations during an economic recession. With many companies struggling financially during this pandemic and profits declining, what can corporate foundations do to plan ahead and build up more organisational resilience?
When funding becomes uncertain: how corporate social investors can plan in times of economic recessions
December 3, 2020 14:00 - 14:45>