Saturday, 27 November 2010

“Opportunistic Philanthropy” is the Clear Choice of Entrepreneurs ?

(27/11/2010) The Fidelity® Charitable Gift Fund ("Gift Fund") and Ernst & Young, recently released Entrepreneurs & Philanthropy: Investing in the Future, a comprehensive study which examines how entrepreneurs apply their personal passion for giving to their corporate philanthropy.

The survey of nearly 150 CEOs and founders, reveals that nine in 10 (89 percent) entrepreneurs donate money, both personally and through their companies, to support charitable causes, while 70 percent also donate their time. The majority (61 percent) of respondents believe that being an entrepreneur makes them more inclined to give to charity. Whether corporate or personal, entrepreneurs view "giving back" as an opportunity rather than an obligation.Read the executive summary here.

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