For the Kimmel Center, Becoming an Affiliate Member of the Satell Institute Was a Bright Spot for them in an Otherwise Challenging Year
The performing arts as a business is being challenged like few others by the COVID-19 pandemic. The mandatory shut-down of live, in-person performances since March 2020 has been particularly hard on the Kimmel Center for the Performing Arts, which relies heavily on ticket sales from its cultural campus. Earned income from the box office for ballet, orchestra, plays and other productions represent 93% of its budget (a percentage unheard of amongst other art organizations) and now, the Kimmel Center is calling for additional fundraising to fill the gap.
GIANT Puts Some Lessons from the Satell Institute to Work in the Communities it Serves
The GIANT Company has long been active in Corporate Social Responsibility (CSR), but President Nick Bertram made sure the 193-store, Pennsylvania-based supermarket chain stepped up its game over the past year.
Independence Blue Cross Foundation Continues to Give Leadership Support to Corporate Social Responsibility
For the Independence Blue Cross Foundation, an affiliate Member of the Satell Institute, COVID-19 has been an opportunity to do even more to benefit the community. The IBC Foundation, led by Lorina Marshall-Blake since its establishment in October 2011, is recognized as a national thought leader and has supported Corporate Social Responsibility (CSR) by accelerating more than $2.4 million in grants to nearly 50 community health centers and providing support to health and human services nonprofits during the pandemic.
Nonprofit Organizations Show Resilience & Ability To Generate Solutions in Today’s Tougher World
They seek solutions to the toughest human problems, frequently creating solutions the market or government often cannot. Surprisingly, they are the third largest private employer in the nation. While often paid less than other jobs, nonprofit employees get great satisfaction from their mission-driven nonprofit work. They are like heroes in our society, dedicated to helping other people.
Walking the Talk – Investing in Neighborhoods After Unrest
Satell Institute Member and American Heritage Credit Union President and CEO Bruce Foulke has had a long-term dedication to serving people in some of Greater Philadelphia’s economically disadvantaged neighborhoods. In the aftermath of the looting of two of his branches in West and North Philadelphia in May, he chose to immediately repair the damage. Both quickly reopened to serve the public.
Expanded Focus on CSR in Response to Pandemic
Between making a major acquisition, taking over a Philadelphia-area wastewater utility and a name change, Essential Utilities has had a lot on its plate in 2020. But its Corporate Social Responsibility initiatives as a Member of the Satell Institute continue to altruistically support the community in substantial ways.
Sandmeyer Steel commits to long-range nonprofit funding
Ronald Sandmeyer Jr., president of the Sandmeyer Steel Company, accepted the 2019 Member Company of the Year Award at the World Trade Center of Philadelphia’s 17th Annual World Trade Centers Day on May 15, 2019.
Early Role of CSR in Building Whole Foods to an $8 Billion Business
John Mackey spent several undistinguished years in college and left without a degree. But, after actualizing a life-long commitment to healthy nutrition and opening a small health food store, he did manage to successfully build that venture into a chain of stores we know as Whole Foods Market.