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UNFIP Welcomes increased Corporate Philanthropy

Today, companies across the United States celebrated National Corporate Philanthropy Day, as recognized by New York Governor Eliot Spitzer, New York City Mayor Michael Bloomberg, US Secretary of Commerce Carlos Gutierrez and US President George W. Bush.

On this occasion, fifty of the world's top business leaders met today to discuss the role of corporate philanthropy at their companies. The host for this meeting, the Committee Encouraging Corporate Philanthropy (CECP), is an international forum of 145 CEOs and Chairpersons focused on raising the level and quality of corporate philanthropy. Understanding that corporate philanthropy is an essential component of corporate operations, companies are now identifying ways to be more effective with their giving programs and are seizing opportunities for collaboration across sectors.

In this connection, JD Hoye, President of the National Academy Foundation, was awarded the Director Nonprofit Award. Marc Benioff, Chairman and CEO from salesforce.com received the small company award, and JP Garnier, CEO from GlaxoSmithKline, was honored with the Large Company Award.

Mr. Charles Moore, Executive Director of CECP stated, "Companies have the power to work with government agencies and nonprofit organizations to positively affect communities across the globe. This is an exciting time for philanthropy as more businesses are not only growing their giving programs, but are becoming more strategic in how to make the most of their resources to have the largest impact on society."

The United Nations Fund for International Partnerships (UNFIP) welcomes this increased focus on philanthropy as an avenue to help achieve the Millennium Development Goals (MDGs). Mr. Amir Dossal, Executive Director of UNFIP participated in the event and noted how corporations can contribute to the success of the Goals, not only by providing funding but, perhaps more crucially, the technology and expertise so vital in the developmental process. Over the past several years, the UNFIP has seen the positive impact corporate philanthropy has had in the developing world, and encourages creative partnerships between corporations and the UN system for creating sustainable livelihoods.