CSR NGO Partnership and its classifications
Before we understand the partnership between CSR and NGO, we should first know what exactly is meant by them. If you have been searching for the same, then this article is just for you. Here we are going to explain the basics of CSR NGO partnership. CSR is an acronym used for corporate social responsibility. They are special funding and grants that are given to non-government organizations to support their firm or organization. NGO or Non-government organization is a type of non-profit organization that operates independently of any government. The main motive of such organizations is to address social and political issues.
Classifications of CSR NGO partnership
By the level of orientation, CSR NGO partnership can be classified as:-
- Charitable oriented:-If the CSR grants are provided to the charitable trusts or NGOs that are directly linked with a charity in society; then it is said to be charitable oriented.
- Service-Oriented:-If the provision of the grants is done based on service, then this type of CSR NGO partnership is said to be service-oriented.
- Participatory Orientation:-If the grant is provided to NGOs keeping the participation of its members of Trust, Non-Government Organization, or firm, then CSR NGO partnership is called Participatory oriented.
- Empowering Orientation:-This type of business grants is provided to those NGOs that work for the upliftment of poor women and empowering them to lead a respectful life.
Business grants can be a great support for NGOs to carry out their day to day business activities. A business grant maker provides corporate social responsibility, and one who seeks financial aid is known as a grant seeker. Non-profit firm or organization needs fundraising activity, and hence the association with corporate social responsibility can be a great help financially. Depending on the type of NGO, a business grant is provided. In case they are a charitable trust, then the grant related to charitable trust or organization is provided. One must have a profound knowledge of how CSR partnership works to become an expert. It is always advisable to seek help from CSR companies, as many companies might take an interest in investment in trust or organization that is a non-profit firm.