ABSTRACT

Corporate philanthropy is one of the critical topics within the overall theme of this book of integrating industrial-organizational psychology theory with prosocial activities. This chapter will provide an overview of corporate philanthropy (CP) and discuss contributions I-O psychology can make to decision-making regarding CP within the context of the organizational work in which I-O psychologists are typically engaged. Specifically, this chapter will cover the different types of philanthropy; the debate over the responsibility of and benefits to corporations of engaging in CP; the current research available on the outcomes for organizations; the theoretical underpinnings that provide a framework for understanding the relationship of CP to attraction, engagement, and retention of talent; the employee outcomes that can be expected from engaging in CP; other programs related to CP; the role of I-O psychologists regarding CP; and future research needed.