Money is tight, but the spirit is willing
Oregon businesses are split down the middle when it comes to whether they contribute to charities, according to the 600 respondents to our online survey conducted by Conkling Fiskum & McCormick. The good news is that of the businesses that contribute, our survey found their financial donations have increased by 50% over the past several years.
The best news, however, is that an impressive 75% of respondents belong to a company involved in community service. Greg Chaillé, president of the Oregon Community Foundation, explains it this way: “While there is a commitment to community service, giving money is a difficult priority in the new world of the competitive global economy. Money is in short supply.”
Although money may be tight in the business world, half of the respondents said they have increased their personal financial contributions over the past few years. Also, nearly a third have increased the amount of time they spend volunteering, despite the fact that the majority of employees are not paid for time off to volunteer in the community. Chaillé sees philanthropy growing because of increasing individual commitment.
“We can expect business giving to grow slowly in Oregon, reflecting slow economic growth,” he predicts.
— Julie Taylor
To participate in the Input survey, send an e-mail to feedback(at)oregonbusiness.com?subject=Input%20survey" style="font-weight: bold;">feedback(at)oregonbusiness.com.
Research conducted by Conkling Fiskum & McCormick.