Corporate Community Service Impact

In today’s business landscape, the importance of corporate community service and the impact to their communities cannot be overstated. This practice not only fosters a positive corporate image but also creates a significant impact on local communities. TradeMark Residential, with

In today’s business landscape, the importance of corporate community service and the impact to their communities cannot be overstated. This practice not only fosters a positive corporate image but also creates a significant impact on local communities. TradeMark Residential, with its “Pay It Forward” initiative, and insights from SCORE’s research on small business charitable giving, exemplify this ethos.

The Impact of Small Business Charitable Giving

According to SCORE, an organization dedicated to helping small businesses thrive, 75% of small business owners donate an average of 6% of their profits to charitable organizations annually. This level of giving is substantial, especially considering that small businesses donate 250% more than larger businesses to local non-profits and community causes. These contributions support various sectors, including local charities (66%), youth organizations (48%), first responders (42%), religious organizations (39%), and local service groups like Rotary Clubs and scouts (37%). Additionally, 32% of small businesses contribute by donating food or volunteering in soup kitchens.

TradeMark Residential’s “Pay It Forward” Initiative

TradeMark Residential, a property management company, extends its mission beyond business operations through its “Pay It Forward” initiative.  The initiative is to provide 40,000 hours of community service by the year 2030. This initiative, started in 2022, has already garnered almost 10,000 hours YTD. This program is a testament to the company’s core values, driven by faith, responsibility, and a desire to positively impact communities. The initiative is a reflection of the interconnectedness of life and the ripple effect of kindness, embodying the company’s commitment to creating lasting, positive change.

Benefits of Corporate Community Service

The benefits of corporate community service extend beyond the immediate impact on the community. SCORE’s research indicates that 85% of consumers have a more positive image of a company that gives to charity. Furthermore, 90% of consumers want to know how companies are supporting charitable causes. This consumer interest underscores the importance of corporate social responsibility in building a company’s reputation.

Moreover, community service also positively affects employees. It improves leadership skills, broadens professional skill sets, enhances well-being, boosts morale, and strengthens camaraderie among colleagues. Notably, 93% of employees who volunteer feel happy with their employer, highlighting the internal benefits of a culture of giving.

Final Thought

The commitment of companies like TradeMark Residential and the data from SCORE’s research underscore the significant role businesses play in community development. Through initiatives like “Pay It Forward,” companies can create a positive impact that resonates within the community and within their organizations. As businesses continue to recognize the importance of giving back, they not only contribute to societal well-being but also build stronger, more connected, and more resilient communities. To learn more about how companies can “Pay It Forward” visit www.activategood.com or contact TradeMark Residential to get involved.

Join the Pay It Forward Initiative

Sources:
SCORE: [Small Business Charitable Giving – Big Impact on Local Communities](https://www.score.org/resource/infographic/infographic-small-business-charitable-giving-big-impact-local-communities)
TradeMark Residential: [Pay It Forward Initiative](https://trademarkresidential.com/pay-it-forward-3/)