Partnering of Businesses and Non-Profits During Weak Economic Times

During bleak economic times, organizations (much likeevents, when people of all ages plunge their bathing
individuals) are motivated to offer support howeversuit clad bodies into icy waters during winter; or
they can. Many businesses offer volunteer programscommunity festivals or book fairs, when money is
when employees enter the community-at-large,raised for a multitude of charitable causes or to aid
providing donations of time and expertise. Mentoringspecific individuals.
programs of various stripes are popular, but usuallySometimes disasters have drawn support from
more effective are financial contributions.businesses large and small, and additional partnering
This brand of charitable giving can benefit bothwith nonprofits help victims of natural disasters, such
provider and recipient. Several prestigious law firms,as when Hurricanes Katrina and Rita devastated
for instance, bestow large sums of monies derivedprimarily Louisiana in 2005. Even overseas or
from awarded settlements, in some instances ainternational disasters have merited attention and
percentage of fees. Legal aid agencies in severaltriggered the partnering of altruistic businesses and
states have received significant aid from suchnonprofits. A tsunami in 2006 that drowned hundreds
sources since the recent prolonged nationwideof thousands in Asian Pacific regions is a notable
recession began in 2007. Without suchexample.
corporate-sourced contributions, public defenders andIn bleak economic times, consciences and
other low-cost legal defense (for poverty-strickencompulsions to help are often activated closer to
persons charged with crimes or facing litigation) mayhome. If the current deep recession should free fall
be placed in a perilous place. Certain attorneys offerinto a bonafide depression, akin to the Great
their services on a pro-bono basis for those unable toDepression of the 1930s, partnering between
pay and yet needing legal assistance.businesses and nonprofits may become crucial to U.S.
Corporations can assist in other ways as well.communities, even to the extent of maintenance of
Businesses of many sizes will sponsor events rangingessential infrastructure.
from foot races to walks; charity "polar bear"