Philanthropy is not a new business for Central Texas companies as they always have a part of their budget transferred to their philanthropy-related projects. According to the report of Rodman and Associates, at least 78% of Austin companies have budgets meant for philanthropy. Some of these companies even maintained the rate of their philanthropy budgets. Most of these companies engage in volunteering and monetary donations as a means to engage into charity. Others even donate some of their products to charities as part of their efforts. It is often that these funds go to the improvement of education and human facilities, while the rest are for health and wellness.
Read more about this here: How Austin companies make philanthropy part of their business plan