Answer:-
Corporate philanthropy is when companies give back to society through charitable donations, sponsorships, or volunteer work. It’s a way for businesses to support causes they care about—like education, health, or the environment—while also building a positive reputation. This giving can come in the form of money, products, or employee time. Many companies set up foundations or partner with nonprofits to make a bigger impact. While it helps communities, corporate philanthropy also strengthens employee morale and customer loyalty. At its best, it reflects a company’s values and commitment to making the world a better place beyond just making profits.
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