“…Corporate social responsibility (CSR) has increased in practical and academic significance (Breitbarth, Walzel, Anagnostopoulos, & van Eekeren, 2015;Kudlak & Low, 2015), subsequently developing diverse practical forms and theoretical avenues (including holistic, social, economic, and industrial), mainly within an overall context of an organization's goal to maximize its long-term positive social impact (McWilliams, Siegel, & Wright, 2006). While research to understand the value CSR adds to organizations and society as a whole has expanded significantly (e.g., Jamali & Keshishian, 2009;McWilliams & Siegel, 2011;Porter & Kramer, 2011), interest in how charitable foundations help larger organizations in co-creating and managing CSR value has also increased (Minefee, Newman, Isserman, & Leblebici, 2015).…”