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Borgarstjrinn ReykjavkReykjavk, 28. september 2021 R20080035BorgarrSamningur Bloomberg Philantrophies vi Reykjavkurborg vegna stafrnnar vegferar hennar Lagt er til a borgarr samykki mefylgjandi samstarfssamning
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Define your philanthropic goals and mission as a corporation.
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Research and identify causes or organizations that align with your values and goals.
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Develop a budget for your philanthropic activities.
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Create a committee or team to oversee and manage the corporate philanthropy program.
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Implement initiatives or programs that support the causes you have chosen.
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Measure and evaluate the impact of your philanthropic activities to make informed decisions for the future.

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Corporate philanthropy refers to the efforts made by businesses to contribute to social causes, including donations, sponsorships, and community programs. It encompasses a variety of charitable activities aimed at improving societal well-being.
Corporations that make charitable contributions above a certain threshold or those seeking tax deductions for their donations are typically required to file reports on corporate philanthropy.
To fill out corporate philanthropy reports, businesses need to provide details about their donations, including the amount, recipient organizations, purpose of the contributions, and any corresponding documentation to validate the claims.
The purpose of corporate philanthropy is to enhance the company's reputation, foster community relations, support social causes, and contribute to economic and social development, ultimately benefiting both society and the business.
Information that must be reported includes the total amount of donations made, types of contributions (cash, in-kind, etc.), recipient organizations, the purpose of the donations, and any relevant tax documentation.
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