Five Ways Companies Can Boost Charitable Giving by Employees

Charitable giving is dropping, while the need is rising. Companies can help fill the gap by making giving easier for workers, matching donations and more.

A businessman selects the Donate button on a circular screen.
(Image credit: Getty Images)

In a post-pandemic world of uncertainty, we can be sure of one thing: There is no shortage of people in need — and the numbers keep rising.

But nonprofits across the nation are facing serious funding shortfalls that threaten their ability to meet that growing need. Workplace charity anchors such as the United Way are struggling as more Americans put charitable giving on the backburner. Many are feeling jittery after the one-two punch of the economic downturn and the 2023 wave of layoffs.

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Shelley R. Sylva, Esq.
Head of U.S. Corporate Citizenship, TD Bank

Shelley R. Sylva is the Head of Corporate Citizenship at TD Bank, where she also led the "TD Ready Commitment," a billion-dollar philanthropic initiative focused on social and environmental issues. Shelley is a 2021 Philadelphia Business Journal "Women of Distinction" honoree.