When an employee makes a donation, they’ll request the matching gift from their employer, who then makes their own donation. Companies usually match donations at a 1:1 ratio, but some will match at a 2:1, 3:1, or even a 4:1 ratio.
Who matches charitable donations?
15 Companies with Groundbreaking Matching Gift Programs
- General Electric.
- Soros Fund Management.
- Apple Inc.
- American Express.
- Home Depot.
Does your employer match gifts?
Many employers sponsor matching gift programs and will match any charitable contributions made by their employees. … If your company is eligible, request a matching gift form from your employer, and send it completed and signed with your gift.
How do I get my donations matched?
Generally speaking, all the donor needs to do is fill out the required matching gift forms through their employer. The employer will then confirm that the donation was submitted to an eligible nonprofit, and will contribute their own donation to your organization.
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 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.
What does it mean if an employer will match employee contributions?
Employer matching of your 401(k) contributions means that your employer contributes a certain amount to your retirement savings plan based on the amount of your own annual contribution. … Typically, employers match a percentage of employee contributions, up to a certain portion of the total salary.
What companies match gifts?
Top Matching Gift Companies
|Matching Gift Company||Match Ratio||Max Match Amount|
|State Street Corporation||1:1||$35,000|
|ExxonMobil||Up to 3:1||$22,500|
|Johnson & Johnson||Up to 2:1||$20,000|
Why do companies do donation matching?
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.
Is double the donation legit?
Double the Donation is a fundraising and matching gifts management platform that helps non-profits boost revenue. … It leverages the comprehensive matching gift database which the company claims are the most accurate and largest matching gift & volunteer grant database.
Is there any downside to using Amazon smile?
The obvious downside of AmazonSmile is that 0.5% of your purchase most likely won’t amount to a substantial donation. In order to contribute just $25 to your favorite charity, for instance, you’d have to spend $5,000 on Amazon. So if you’re looking to make a big impact, using Smile probably isn’t your best bet.
Does UPS match charitable?
Unfortunately, United Parcel Service (UPS) doesn’t offer an employee matching gift program. While that means that UPS employees can’t have their donations matched, UPS does offer other ways to help employees support their local communities.
Does IBM match charitable donations?
Match Ratio and Limits:
IBM will match eligible contributions of up to $5,000 per institution per donor, to a total of $10,000 in gifts per donor for the calendar year. Donations from active employees are matched 1:1.