Philanthropy & Organisations
Philanthropy is not a social responsibility of organisations; it is a virtue at best. The welfare of people is the responsibility of the government and other dedicated organisations; not for all organisations. The disagreement isn't in organisations engaging in philanthropy, but in the expectation and legal compulsion to engage in philanthropy.
The concept of businesses giving back to society is irrational because businesses haven't borrowed anything from society to return it. If success is what they meant, it was achieved not through any borrowing or benevolence of society, but by mutually beneficial deals between businesses establishments and consumers. There is nothing to be returned in a mutually beneficial deal.
If for-profit organisations indulge in philanthropy as a corporate virtue, indulge in it in good faith. Never use it as a tactic or disguise for more profits; or to aggrandise one's reputation by solving self-constructed problems; or as a guilt unloading mechanisms to compensate for all the unethical practices exercised in operations.
Organisational philanthropy is usually inefficient, uneconomical and less potent with respect to the resources spent and results achieved. This is because organisations are designed and built to perform their concerned operations rather than the philanthropic operations. Therefore, it is better to donate the philanthropic money to organisations that are designed and built for the realisation of philanthropic goals, and with a track record of accomplishing these goals. There are only a handful of cases in which it is more economical, efficient and potent to run philanthropic programs by organisations themselves; and in such cases and only in such cases, it must be so.