Northern Trust supports our communities and not-for-profit agencies in many ways, including the gift of our employees’ intellectual capital and expertise, otherwise known as skills-based volunteering.
During October’s national Pro Bono Week, Northern Trust partnered with the Taproot Foundation and several other organizations in Chicago to host its annual Scope-A-Thon.
This event helps solidify community partnerships by providing value-added support beyond Northern Trust’s annual grants, allowing organizations to grow their capacity and more effectively deliver their missions. Through these pro bono assignments, Northern Trust is able to provide employees with a more meaningful volunteer experience with hopes of building long-term opportunities to share their hard-earned expertise.
In preparation for the Scope-A-Thon, Northern Trust hand-picked thirty of its most engaged employees, connecting them with not-for- profits to assist with some of their most difficult challenges.
The organizations presented these volunteers with issues ranging from marketing to strategic planning. Volunteers representing many different departments (Digital Marketing, Internal Communications and Strategic Planning to name a few) were assembled in teams to work directly with the not-for-profits over a period of five hours to provide them with actionable solutions.
Access to this level of expertise is not just beneficial, but critical to the success of smaller not-for-profits that lack the funding to hire consultants or additional staff. On average, these opportunities can result in savings of up to $40,000 according to case studies cited in Common Impact – Measuring the Results: The Business Case for Skills-Based Volunteerism.
Congratulations Northern Trust!