You’re employed arduous for each greenback raised in on-line giving. What for those who might double or triple these funds? Company matching present and volunteer grant packages present a (largely untapped!) fundraising alternative you have to be taught extra about.
Company matching presents and volunteer grants are donations made by an organization to a nonprofit that an worker has already supported. These packages aren’t saved secret, however workers don’t at all times know whether or not their donations qualify for matching presents or how simple it’s to assert an identical present.
Put up-Giving Tuesday, end-of-year, and end-of-fiscal yr are nice occasions to solicit matching presents and ramp up volunteer recruitment; matching presents not often rely on occasion tickets, on the spot objects, raffles, restricted presents, peer-to-peer funds raised, or auctions. They’ll often solely be matched to basic donations.
Some company matching present packages concentrate on just some initiatives, similar to training, ladies in STEM, dignified housing, and others; some firms supply broader matching alternatives.
The method for requesting and receiving matching presents and volunteer grants shouldn’t be difficult. A superb place to begin is knowing the place there’s an overlap in your donor knowledge and out there company matching present packages. Here’s a brief listing of firms with matching present and/or volunteer grant packages:
Don’t restrict your self to simply these firms. A whole bunch of worldwide, regional, and even native firms supply matching present packages. Join along with your board of administrators and different high-level volunteers and simply ask!
Let’s break down what these 15 firms supply so you’ll be able to higher develop your matching present program technique and solicitation cadence. Firms typically replace their matching present and volunteer grant packages, so confirm this info and revisit it yearly.
1. 3M
Why We Love 3M’s Matching Reward Program
3M not solely matches money, checks, and on-line presents, however it additionally matches securities exchanges, permitting for extra flexibility and tax advantages for workers. They make payroll deductions easy so workers can actually automate their giving (and the match!). 3M additionally donates $20/worker volunteer hour, as much as $500, per calendar yr.
2. American Specific
Why We Love American Specific’s Matching Reward Program
Although American Specific sometimes matches presents utilizing a 1:1 ratio, they encourage extra nonprofit involvement from workers. For instance, if an worker serves on a nonprofit board or volunteers for greater than 50 hours a yr, the primary $1,000 donated to that nonprofit will likely be matched at a 2:1 ratio.
3. Anheuser Busch
Why We Love Anheuser Busch’s Matching Reward Program
Anheuser Busch has hundreds of workers all around the U.S. and has matched over $211 million in worker donations. Whereas they match a broad vary of giving, Anheuser Busch focuses on emergency response, environmental stewardship, accountable consuming, and financial affect.
4. Apple Inc.
Why We Love Apple’s Matching Reward Program
There’s mainly no minimal that must be met to qualify for an identical present; if an worker offers simply $10, Apple will match the donation. No minimal variety of volunteer hours is required to qualify for a volunteer grant. Each hour qualifies for a $25 volunteer grant. Steve Jobs’ philanthropic spirit lives on in Apple’s company matching present and volunteer grant packages.
5. Financial institution of America
Why We Love Financial institution of America’s Matching Reward Program
Financial institution of America permits workers to request matching presents and volunteer grants by March 31 of the next yr, providing a set timeline in your group to solicit unmatched Financial institution of America donors. Organizations then have till Might 15 to confirm any worker’s donation.
There is a chance to have interaction in an identical present technique all yr spherical. Double the Donation joined our fundraising consultants to spotlight how nonprofits can develop their affect with matching presents. In addition they gave listeners an unique take a look at their integration with GiveSmart. Watch the on-demand webinar at this time.
6. BP
Why We Love BP’s Matching Reward Program
BP not solely matches direct donations, however it additionally matches cash that an worker raises by way of any peer-to-peer marketing campaign. This encourages all workers to be extra concerned of their communities, and offers nonprofits a major alternative for a focused attain out to their supporter base for peer-to-peer ambassador recruitment.
7. Coca-Cola
Why We Love Coca-Cola’s Matching Reward Program
Since 1984, Coca-Cola’s matching present program has donated over $1 billion to nonprofits. Coca-Cola’s favourite causes to assist with its 2:1 ratio embrace ladies’s empowerment, clear water, training, youth improvement, and group constructing. In addition they have a beneficiant matching present request deadline of February 28 of the yr following the preliminary donation.
8. Deloitte
Why We Love Deloitte’s Matching Reward Program
Deloitte is solely dedicated to larger training and matches presents to group schools, four-year universities, and graduate packages, and Deloitte additionally matches scholarship packages. There are different necessities, that are clearly specified by its tips.
9. Google
Why We Love Google’s Matching Reward Program
Along with its beneficiant donation matching, Google matches workers volunteer hours. Google designates 20 hours of annual volunteer PTO, on high of providing volunteer grants matching these hours. For each hour an worker volunteers, Google will donate $10 to the nonprofit group. ception in 1983, Microsoft workers have donated greater than $1 billion, together with their matched presents.
10. Grainger
Why We Love Grainger’s Matching Reward Program
Grainger generously affords a 3:1 match for worker donations, together with securities. So if a Grainger worker offers $100, it’s matched with $300 from Grainger. In addition they have one of many extra beneficiant approval processes, the place workers can request a match verification as much as a yr after the preliminary donation. With over 26,000 workers throughout the U.S., having the appropriate instruments and donor knowledge can actually assist this untapped income alternative. s in 19 U.S. communities.
11. Dwelling Depot
Why We Love The Dwelling Depot’s Matching Reward Program
A useful side of The Dwelling Depot’s company matching present program is that it distributes matching presents to organizations month-to-month. Plus, donors can observe the real-time standing of their pending match(es) by their Dwelling Depot Basis on-line account.
12. Microsoft
Why We Love Microsoft’s Matching Reward Program
Its worker participation fee units Microsoft aside, with three out of 4 workers reportedly taking part. In 2023, U.S. workers raised $250 million for 35,000 nonprofits and academic establishments and volunteered over 1 million matched hours. Microsoft’s matching present program was based in 1983, making it a long-time change agent for nonprofits.
13. Schneider Electrical
Why We Love Schneider Electrical’s Matching Reward Program
Schneider Electrical affords a 1:1 match for all worker donations. It will increase it to a 1.5:1 match for organizations the place an worker is actively concerned as a volunteer or a board member. In 2023, they matched over $1.1 million and donated over $5.5 million extra in items, companies, and company-sponsored presents.
14. Starbucks
Why We Love Starbucks’s Matching Reward Program
Starbucks created a philanthropic program known as “Associate Match” for his or her U.S. workers. This program matches presents as much as $1,000. The volunteer grant quantity is $5/hour, and workers are given an annual 20 hours of volunteer PTO.
15. State Farm
Why We Love State Farm’s Matching Reward Program
State Farm has a long-standing historical past of matching associates’ donations, in addition to providing a Good Neighbor Grant Program. With associates all around the nation, State Farm helps hundreds of U.S. nonprofits. They’ve additionally began particular reduction matching present packages for moments of reactive giving.
Understanding these matching present and volunteer grant packages is only one step your group can take towards bettering your company engagement technique. The timing of payouts varies wildly. Some pay out month-to-month, whereas different firms pay out yearly.
By following up with donors who work on the firms listed above and others you uncover, your group will construct relationships with donors and high-level volunteers you already know to be match-eligible. It’s value your employees’s time to develop an identical present and volunteer recruitment technique; not going after these matches leaves cash on the desk.
GiveSmart integrates with Double the Donation’s 360MatchPro. It’s now simpler than ever in your donors to see if they’re eligible for matching presents or volunteer grants, and your employees don’t need to waste time with routine follow-up as a result of Double the Donation’s modern automation.
Join with our fundraising consultants at this time, to listen to how utilizing GiveSmart will help you leverage matching present income.
