U.S. community foundations: building a generous society in challenging times |
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Authors: | Annamaria Esposito Angela Besana |
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Institution: | Department of Business (BLECB) Carlo A. Ricciardi, University IULM, Milan, Italy |
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Abstract: | Community foundations are nonprofit organizations promoting philanthropy for projects useful in a defined geographic area. This paper aims to highlight how U.S. community foundations are building a generous society with the engagement of multiple stakeholders. Our study analyses the marketing strategies of a sample of 100 of the largest U.S. community foundations in 2010 and 2013. A cluster analysis examines financial performance, average number of recipients, and related organizations to discover the level of philanthropic activities and relationships, revenue diversification, and the level of competition on the fundraising side. |
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Keywords: | Community foundations marketing strategies stakeholder engagement financial performances |
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