Ethical Benefits Of Philanthropy

Alternatively, having strategies for philanthropy requires organizations to define their goals with sufficient clarity so potential donors are able to understand while assessing the extent to which an organization like Public Corporation are able to achieve them (Rhode, 2006, p. 232). According to Publix (2014), social and environmental responsibility is a part of their brand and foundation, as well as part of the company’s mission statement, and strategy that will remain as long as the company is in business. Moreover, the Publix Supermarket, Inc (Publix, 2014), mission statement challenges them to be socially responsible citizens within their communities, while currently meeting daily needs and being extremely careful not to compromise

233). Furthermore, the funding of ethics should be a priority for organizations as their discretion on determining how their potential targets for social concerns and interest chosen as the preferred objects of their support as freedom of donor discretion as an aspect of philanthropy (Rhodes, 2006, p. 251). In addition, philanthropy benefits stimulates creative, nonbureaucratic, pluralistic solutions to various social issues where interest is limited and funds are finite making it inevitable for choices to be made in accordance of interest, and concerns of donors and representatives (Rhode, 2006, p. 251). However, Rhode (2006) affirmed a long-standing concern of how ethics and philanthropy had a strong relationship and accountability to the U.S. Senate Committee on Finance legislative approaches since 2005 that is design to place financial and operational requirements on foundations (p.

Furthermore, the diversity of these various cultures abounds in families, communities, private and public organizations, benefiting our society cultural awareness and engagement, decreased stereotyping with lower levels of ethnocentrism and high levels of community service (Wilson, 2014). On the other hand, diversified communities that the Publix Corporations builds help provides them with a competitive edge connected to their diverse differences they bring to the company while increasing productivity, profitability, greater acuity, cultural awareness and less segregation and stereotyping (Wilson, 2014). Nevertheless, an example base on personal experience: as a regular shopper at the Publix Supermarkets in Georgia, and being within a six-mile radius to three stores on one strip, all location employees work in diversified groups of people from managers to employees that services a culturally diverse