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Invite colleaguesThe value of nonprofit sponsorship and corporate giving
Abstract
The purpose of this paper is to highlight how corporate charitable giving, in the way of sponsorship, can be an advantageous form of promotions and brand enhancement. By highlighting both good and bad examples, this paper aims to establish the hallmarks of effective nonprofit sponsorship. A majority of charitable giving has taken place at a local level, wherein brand associations are deemed most genuine. Larger and riskier partnerships between the business and charitable sectors are taking place that are changing how brands are viewed at a national level. Decision makers in public relations, human resources and marketing are increasingly making a conscious decision to show corporate social responsibility the attention it deserves and, as in all forms of promotions, invest wisely.
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Author's Biography
Brent Percival is a development offi cer for Auburn University. He received his bachelor’s degree in marketing from Auburn University. He serves on the Journal of Brand Strategy’s editorial board and is also a consultant for TEAM 7 RACING in Columbus, Georgia, USA.