Switch from BP’s corporate giving model to Hilcorp’s employee contributions could be ‘a bucket of cold water’ for nonprofits

Switch from BP’s corporate giving model to Hilcorp’s employee contributions could be ‘a bucket of cold water’ for nonprofits

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Over its 60 years in the state, BP has grown into a major philanthropic force, said Laurie Wolf, president and chief executive of The Foraker Group, an Anchorage-based organization that works with and advises nonprofits.

“And it’s not just in terms of their philanthropic financial investment, but also just in the way that they have encouraged their employees to get involved and engaged in the nonprofit sector,” she said.

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Hilcorp says it will encourage employees to donate to charities in Alaska.

Wolf, with The Foraker Group, said Hilcorp’s giving program isn’t better or worse than BP’s. It’s just different. (The Foraker Group has received just under $1 million from BP, she said.)

“The real impact, right, is that you don’t just write a proposal to a ConocoPhillips and a BP and an Exxon and go, ‘OK, I’m good, I’ve done my corporate grantmaking process, right?’ Now you go like, ‘The landscape is way bigger and I have to really be thinking about being in a relationship with a whole myriad of groups now,’” she said.

And that, Wolf says, will take more time and more strategy. It’s writing 20 proposals instead of three.

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Alaska Public Media
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