Government Examines Corporate Philanthropy
Thursday, 21st October 2010 at 3:03 pm
Deputy Prime Minister and Federal Treasurer, Wayne Swan has commissioned a report into how business and industry can better support Australian charities.
The Federal Labor MP for the seat of Melbourne, Michael Danby has been appointed to the new role of Special Adviser to the Deputy PM on Corporate Philanthropy and the Not For Profit Sector
A spokesman for the Deputy PM says Danby will spend the next few months consulting with business and Not for Profit organisations and advise the Deputy PM and the Assistant Treasurer on the outcomes of those discussions.
Danby's written report is expected to be completed by mid-2011 and will look at ways to promote a greater contribution by business to the NFP sector.
About two-thirds of all Australian businesses are involved in some form of philanthropy, which is said to not only benefit others but improve a company's staff morale and public image.