Who are the Partners in Corporate Giving In Kenya?

By Juma / November 29, 2017 | 5:22 am



Business Tips

The Aga Khan Foundation, in conjunction with 20 local nonprofit organizations under the Yetu Initiative umbrella, has released a report on nature, trends, and engagements by corporate philanthropy in Kenya.

The report has established that companies in Kenya enter into partnerships with various organizations as part of the corporate philanthropy agenda against what many think.

From the report, 65 percent of companies in Kenya engage with Kenyan nonprofit organizations with this being attributed to the fact that they have the ability to make a greater impact, sound governance, and management capacity.

The report also found out that 10 percent of faith-based organizations, 8 percent of government agencies, 6 percent of community-based organizations, 4 percent of international nonprofit organizations and 4 percent of other for-profit companies prefer working with local Kenyan NGOs on an ad hoc basis depending on the need.

The study established that 50 percent of companies with a turnover below 100 million shillings and 82 percent of companies with a turnover above 1 billion shillings reported partnerships with local Kenyan nonprofit organizations.

There was a significant association between company size and partner organizations. This implies that the higher the company’s turnover the higher the likelihood of partnering with local/ Kenyan nonprofit organizations compared to other organizations.

READ: 65 Percent of Corporates Prefer Partnering With Local Kenyan Non-Profit Orgs

However, there was no significant association between type of partner organization and company’s years of operation and between the type of company and partner organizations.

In the development of partnerships with Civil Society Organizations, corporate donors focus on three main criteria. Ability to impact on the underserved in the society emerged first criteria by 27 percent of the corporate. This relates to how CSO initiative improves the well-being of the marginalized and vulnerable communities. The credibility of the organization emerged the second criteria by 22 percent of the corporates.

 





About Juma

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: info@sokodirectory.com

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