Matching gifts are a type of giving program that is set up by companies and corporations as an employee benefit. After an employee donates to a nonprofit, they can submit a matching gift request to their employer and the company will make an additional donation to that nonprofit.
Who matches charitable donations?
15 Companies with Groundbreaking Matching Gift Programs
- General Electric.
- Soros Fund Management.
- Apple Inc.
- American Express.
- Home Depot.
Are Matching Gifts restricted?
Nationwide: Gifts from eligible donors may be designated for a specific use, but the Foundation’s matching gifts will be unrestricted for educational purposes.
Do matching donations work?
If you want to increase the impact of your donation, contributing to a match campaign can be a great way to do that without increasing your donation amount. As a fundraiser, we know matching gift campaigns are very successful at getting donors excited about giving.
What does match a donation mean?
What Is Donation Matching? Donation matching is a corporate giving initiative in which an employer matches their employee’s contribution to a specific cause, increasing the gift. For example, if a Kindful employee donates $50 to a local organization, the matching gift would be Kindful’s additional donation of $50.
Why do companies match employee donations?
Matching employee donations puts the research responsibilities on the employee, not the company. It also avoids debates about which nonprofits should receive funds by democratizing the process. In other words, the employees have a say in how their company spends its giving budget.
What companies will match donations?
Top Matching Gift Companies
|Matching Gift Company||Match Ratio||Max Match Amount|
|Johnson & Johnson||Up to 2:1||$20,000|
|Pfizer||Up to 1:1||$15,000|
Does Amazon do donation matching?
Amazon does not have a matching program for charitable donations. … “We are encouraging employees to donate through the holiday giving season, and have their donation doubled by Amazon, to support our neighbors in need.”
What companies will donate to nonprofit?
Countless for-profit companies donate to nonprofit organizations every day.
- National or Global Donation Opportunities for Nonprofits. Adobe. Amazon Web Services. American Electric Power. Athleta. Bank of America. …
- Region-Specific Donation Opportunities for Nonprofits. AEO Foundation. Alaska Airlines. Albertson’s. American Airlines.
How do you acknowledge a matching gift?
Should you wish to notify the donor that their employer match has been received, please do! I encourage you to be really specific. Your message should include the date, the amount of gift that was matched by the employer, as well as the total amount the donor will be recognized for and over what time frame.
How do I start a matching gift program?
The process consists of the following five steps: An employee makes the initial donation: The first step is always that initial donation. There can be no matching gift without an initial gift to match! Employee submits matching gift request: This is the most crucial step in the process.