Is there a growing trend in corporate America for pro bono service?
In 2004, the Points of Light Foundation found that 60% of Fortune 500 businesses list their employees’ volunteer efforts on their websites. A 2005 survey of executives by the Center for Corporate Citizenship at Boston College found that 64% of executives surveyed say that corporate citizenship produces a tangible contribution to the company bottom line. Among executives at large companies, 84% see direct bottom-line benefits. While this isn’t an indication of the scale of employee volunteerism across the country, it is a demonstration of the value that corporations place on volunteering as a key component of corporate philanthropy.