Corporate Foundations and Giving Programs

Corporate (company-sponsored) Foundations are private foundations that receive grantmaking funds primarily from the contributions of a profit-making business. Company-sponsored foundations often are closely connected to the donor company, but are separate, legal organizations, sometimes with their own endowment.  They are subject to the same rules and regulations as other private foundations. 

Corporate giving programs are grantmaking programs established and administered within a profit-making business. Grants go directly to charitable organizations from the corporation. Corporate giving programs do not have a separate endowment. Their grants are planned as part of the company's annual budgeting process and usually are funded with pre-tax income.