An entrepreneurial friend asked me, “Should I be giving from my “gross revenue” or my “net profit?” There are many businesses that have high sales volume, but very thin profit margins, sometimes 10% or lower. If these types of businesses tithed off their sales instead of profits they would quickly go bankrupt. God desires us to give from a generous ...
According to the CECP’s Giving in Numbers 2015 report, 29% of all giving from the major corporations goes to universities or K-12 education. Some of the largest gifts received by universities are tied to someone’s name going on a building. Although there is usually an element of true generosity attached, many times it’s about branding or ego for people to ...
Succession planning is important to many family businesses, but few consider the value of training the next generation on generosity. My friend, Bob, wanted to assure that his family learned and understood the importance of giving generously from the family business. Every month the family, including Bob’s children and grandchildren, come together to review grant requests and to learn about ...
CECP, a nonprofit that tracks corporate giving, revealed in their “2015 Giving in Numbers” survey that 85% of the companies they surveyed measure the outcomes of their charitable giving. Those who measured their results must have been pleased with what they found, because on average, these charitable companies increased their giving from 11% of revenue to 13% of revenue! Generosity ...
Publicly traded corporations are usually focused on their responsibility to their shareholders, and their CEOs are often compensated in alignment with improving shareholder returns. But rarely do they consider another obligation they have – to God. We have so compartmentalized the business world from our faith that we have forgotten that God’s Word says that God owns everything, including publicly ...
Equipping Others to Do Work Differently
