Even at a time when corporations and public-private partnerships are focused on “shared value,” corporate philanthropy still has an important role to play, according to Ellen Lambert, executive vice president of the Merck Co. Foundation.
“With charitable dollars, you can go into a place, invest in a local NGO or nonprofit, bring partners in and prepare your business partners back at the company for what they might not know,” said Lambert, speaking with Devex Impact on the sidelines of the BSR global conference in New York.
Lambert also talked about the professionals skills required to make partnerships work and where she finds her own inspiration to take the risks that partnerships require.
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