Over the past decade, businesses of all kinds have become much more socially aware and active. In 2015, more than 75 percent of large US corporations were engaged in corporate citizenship activities of one type or another.1 Those included traditional philanthropic activities such as corporate giving and volunteer programs, as well as new efforts such as impact investing and skills-based volunteerism.

Among the array of corporate citizenship programs, skills-based volunteerism is the most...

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