Tag: Charity

Altruistic Business Charity – Personal Experience

Altruistic Business Charity – Personal Experience

A few years when I was a part owner in a company. I was asked by a friend to contribute to the YMCA scholarship fund. I realized that my company had done nothing in the form of charity in the last 3 years of its existence. I consulted the other owners and we decided to give $250 to the scholarship fund.

After we gave the donation I immediately updated the web site to show that Keystone Materials Testing proudly supports the YMCA scholarship fund. I believe that contribution was given in 2010, and it’s still on the web site. Most people probably think we support the fund annually, but we haven’t given any more money to it since 2010.

The point is that we really weren’t concerned about the scholarship, but about our corporate image. Perhaps that is why I’m so skeptical of other companies being aultruistic.