Points of Light, Bloomberg LP Search for The Civic 50 – The 50 Most Community-Minded Companies
All Companies With Revenue of $1 Billion or More Eligible to Participate
Nine-Member Academic Panel Establishes Benchmarks for Corporate Civic Engagement
WASHINGTON, June 3, 2014 – Points of Light, in partnership with Bloomberg LP, announced today the launch of its annual survey, The Civic 50, which names and honors the 50 most community-minded companies in the nation each year.
Through benchmarking and sharing the best practices of community engagement, The Civic 50 offers companies a roadmap for using their time, skills and other resources to improve the quality of life in the communities where they do business.
For the first time, all companies with revenue of $1 billion or more can participate in the survey at www.Civic50.org. Applications will be accepted through Friday, August 15. Results will be published late in the fall of 2014.
This year, The Civic 50 consulted a panel of academic experts from major universities to strengthen the survey content, questions and evaluation methods. The result is a stronger – and shorter – survey. Panelists included:
- Professor Bea Boccalandro, Georgetown University Center for Public & Nonprofit Leadership
- Dr. Edward Freeman, University of Virginia Darden School of Business
- Dr. Ira Harkavy, The Wharton School of University of Pennsylvania
- Dr. Pamela Harper, Marist College School of Business
- Professor Peter Levine, Jonathan Tisch College of Citizenship and Public Service at Tufts University
- Dr. Kelvyn Moore, Bentley University
- Dr. Nicholas Pearce, Northwestern University Kellogg School of Business
- Dr. John Peloza, Gatton College of Business and Economics at University of Kentucky
- Dean Alan Solomont, Jonathan Tisch College of Citizenship and Public Service at Tufts University
Peter T. Grauer, chair of Bloomberg LP, said, “As the world’s leading provider of financial information, Bloomberg is passionate about using data to drive change. By identifying and honoring companies that are making a measurable contribution to the public good, The Civic 50 is a natural extension of our corporate mission.”
Neil Bush, chair of Points of Light’s board of directors, said, “Points of Light believes in the power of volunteerism to transform communities and impact lives. Companies and their employees are an influential force in communities. The Civic 50 will help translate good intentions into sound business practices for years to come.”
The survey is powered by True Impact, a company dedicated to helping organizations measure the social and business value of their community and social investments. Top-ranked companies for 2013 include Morgan Stanley, Aetna, HP, Apollo Education Group, and FedEx.
Webinars offering technical assistance and support to companies interested in applying will be hosted by Points of Light and Bloomberg on Thursday, June 5, 2 - 3 p.m. EDT and Wednesday, July 9, 3 - 4 p.m. EDT. Register here.
Points of Light, the world’s largest organization dedicated to volunteer service, mobilizes millions of people to take action that is changing the world. Through affiliates in 250 cities and partnerships with thousands of nonprofits and corporations, Points of Light engages 4 million volunteers in 30 million hours of service each year. We bring the power of people where it’s needed most. For more information, visit www.pointsoflight.org.
Bloomberg connects influential decision makers to a dynamic network of information, people and ideas. Our strength – quickly and accurately delivering data, news and analytics through innovative technology – is at the core of everything we do. With over 15,000 employees in 192 locations, we deliver business and financial information, news and insight around the world. For more information, visit www.bloomberg.com/company.
True Impact provides web-based tools and consulting support to help organizations measure the social, financial and environmental return on investment (ROI) of their programs and operations. For more information, visit www.TrueImpact.com.