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Strategic Philanthropy Project

In: Business and Management

Submitted By cofax22
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Strategic Philanthropy Project

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Business & Society

Supporting local communities through giving has been a cornerstone of Target’s business and is a belief that guides many of their decisions. Target has a long history of supporting the communities where they do business by giving 5 percent of their income each year, which adds up to more than $4 million each week. They also volunteer their time and talent and collaborate with like-minded organizations to build stronger, safer, and healthier communities. Target focuses their efforts programs that support education, environment, health & well-being, community safety, and volunteerism among others. (Target, 2013)
Education
Through education, Target believes every child should have the opportunity to reach his or her full potential. In 2010, Target announced that it plans to give $1 billion for education by the end of the 2015 fiscal year. A large portion of the money will help more U.S. children read proficiently by the end of the third grade, as well as on a path to graduation. Target has an abundance of education programs and partnerships that set students, teachers and schools up for success, from book donations to field trips, and free museum days to food pantries for families. Target focus is not only on giving to communities in the U.S., but also around worldwide. To strengthen those communities, Target launched the Target International Giving Program in 2002, supporting quality accessible education for children and youth. In 2012, United Way Worldwide and Save the Children granted more than $2.2 million on behalf of Target to NGOs (National Giving Organizations) in 16 countries. (Target, 2013)
Environment
Since Target opened their first doors in 1962, they have invested in the health and sustainability of our communities. Each year, Target has events to celebrate Earth Day with

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