From the Charities Aid Foundation (CAF) America Connections Blog
Over the past decade, international corporate philanthropy has undergone a significant transformation. Overseas gifts by U.S.-based companies were once made only in the face of natural disasters or violent conflicts. However, the globalization of business and the burgeoning zeitgeist that corporations must not only do well – but also do good – has led influential business leaders to support ongoing, more strategic initiatives in developing countries.