Comments on: Charitable Bankers, Total Strategists, Britney Spears & Kevin Smith http://tacticalphilanthropy.com/2007/10/charitable-bankers-total-strategists-britney-spears-kevin-smith Tue, 06 Jan 2009 11:53:40 +0000 http://wordpress.org/?v=2.6.5 By: Sean Stannard-Stockton http://tacticalphilanthropy.com/2007/10/charitable-bankers-total-strategists-britney-spears-kevin-smith#comment-615 Sean Stannard-Stockton Tue, 16 Oct 2007 16:20:48 +0000 http://tacticalphilanthropy.com/2007/10/12/charitable-bankers-total-strategists-britney-spears-kevin-smith/#comment-615 I think that to some extent "community outreach" has become a cost of doing business rather than a profit center. In other words companies that do not support their community get punished by consumers, rather than outreach being viewed as a reason to shop somewhere. While "Charitable Bankers" are not profit driven, the represent a source of capital that nonprofits can access on a regular basis, instead of needing to have a great "investment opportunity" that a Total Strategist would fund. I think that to some extent “community outreach” has become a cost of doing business rather than a profit center. In other words companies that do not support their community get punished by consumers, rather than outreach being viewed as a reason to shop somewhere.

While “Charitable Bankers” are not profit driven, the represent a source of capital that nonprofits can access on a regular basis, instead of needing to have a great “investment opportunity” that a Total Strategist would fund.

]]> By: Arlene Spencer http://tacticalphilanthropy.com/2007/10/charitable-bankers-total-strategists-britney-spears-kevin-smith#comment-614 Arlene Spencer Tue, 16 Oct 2007 02:49:18 +0000 http://tacticalphilanthropy.com/2007/10/12/charitable-bankers-total-strategists-britney-spears-kevin-smith/#comment-614 Sean, Love the title. I've wondered what my local bank's finacial/customer return was on their community outreach. I imagine it to be some dollar to dollar ratio. I don't wonder this about the people donating to various non profits, locally. I assume an intrinsic value. Interesting to notice. We do need both! Thank you for contributing! Arlene Sean,
Love the title.

I’ve wondered what my local bank’s finacial/customer return was on their community outreach. I imagine it to be some dollar to dollar ratio.

I don’t wonder this about the people donating to various non profits, locally. I assume an intrinsic value.

Interesting to notice. We do need both!

Thank you for contributing!
Arlene

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