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Audit Confirmation

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Submitted By jossy742
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Stakeholders can be a multitude of different entities. Catholic Charities sees stakeholders as individuals, businesses, corporations, groups, suppliers, or organizations that have an interest or concern in them. The primary objective of Catholic seeks to balance each stakeholders in, maximizing their value and efficiently managing individual self interests and expectations to create value in order to serve their primary goal of strengthening the lives of all in need by giving help that empowers and hope that lasts. To this end we affirm and support the dignity of all human life, strengthen families and serve the poor and most vulnerable. Stakeholders for Catholic Charities include the various businesses that use Catholic Charities fundraising causes for networking events. Included are also the employees and beneficiaries of Catholic Charities. Catholic Charities does an amazing job fundraising, with an average of 5% of the revenue going to funding the events and 95% going to charitable contributions. One way they can increase fundraising to their stakeholders is potentially combining events with charitable acts. They could form a subsidiary catering group and based on availability, try and employ job seekers to staff their fundraising events such as their wine tasting, snowball, ect…. They would become less dependent on donors and potentially help people build their resumes and contact/recommendation lists to find gainful and more permanent employment opportunities. Catholic charities could also provide volunteer opportunities to its stakeholders to more evenly distribute wealth and experience. The costs of this would not be large. Catholic Charities could easily strategically plan methods for payment and have donating corporations volunteer time to help

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