New York Companies Profit from Giving Away Their Time

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New York Companies Profit from Giving Away Their Time

Firms are turning to pro bono projects to give up-and-coming managers a chance to grow
Nonprofit staff from Pro Mujer, receive pro bono service from MasterCard employees at the MasterCard Pro Bono Challenge

Nonprofit staff from Pro Mujer, receive pro bono service from MasterCard employees at the MasterCard Pro Bono Challenge

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New York companies profit from giving away their time through #probono service http://bit.ly/2fzXwF2 @crainsnewyork @taprootfound
Tuesday, November 29, 2016 - 2:00pm

When Carissa Biggie was 
selected for Goldman Sachs’ six-month leadership-acceleration program, one of her tasks was to figure out a template for growth—not for the firm or even for her department but for STRIVE, a national nonprofit that provides skills training for low-income people and helps them get jobs.

Welcome to corporate pro bono, the fastest growing category of volunteerism in the U.S.

“[Companies] are using pro bono as a way to develop leadership, nurture high-potential employees and create more strategic ways of giving back to the community,” said Liz Hamburg, president and CEO of the Taproot Foundation, which maintains a network of 20,000 corporate volunteers across the country and coordinates skilled volunteering programs for Fortune 500 companies, connecting them with nonprofits in need of strategic savvy.

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Keywords: Diversity & Inclusion | Goldman Sachs Foundation | Macquarie | Responsible Business & Employee Engagement | Social Impact & Volunteering | Taproot Foundation | mastercard | nbcuniversal | pro bono