Jessica Marshall, the CEO of ANS Oil Drilling Inc., has decided to set aside $10, 000 from the company's annual profit to donate to local nonprofit organizations. This donation is an example of:

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The donation made by Jessica Marshall is an example of corporate philanthropy, as it involves the company voluntarily donating a portion of its profits to charitable organizations. Corporate philanthropy is a form of corporate social responsibility, and it is becoming increasingly common for companies to engage in such activities as a way to contribute to the communities in which they operate.