You’re employed onerous for each greenback raised in on-line giving. What in the event you might double or triple these funds? Company matching present and volunteer grant packages present a (largely untapped!) fundraising alternative it is advisable study extra about.
Company matching items 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 staff don’t at all times know whether or not their donations qualify for matching items or how straightforward it’s to say an identical present.
Submit-Giving Tuesday, end-of-year, and end-of-fiscal 12 months are nice occasions to solicit matching items and ramp up volunteer recruitment; matching items hardly ever depend on occasion tickets, instantaneous gadgets, raffles, restricted items, peer-to-peer funds raised, or auctions. They’ll often solely be matched to basic donations.
Some company matching present packages deal with only a few initiatives, equivalent to schooling, ladies in STEM, dignified housing, and others; some firms supply broader matching alternatives.
The method for requesting and receiving matching items and volunteer grants isn’t sophisticated. A wonderful place to begin is knowing the place there may be an overlap in your donor data and obtainable 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 only these firms. Lots of 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 possibly can higher develop your matching present program technique and solicitation cadence. Corporations typically replace their matching present and volunteer grant packages, so confirm this data and revisit it yearly.
1. 3M
Why We Love 3M’s Matching Reward Program
3M not solely matches money, checks, and on-line items, however it additionally matches securities exchanges, permitting for extra flexibility and tax advantages for workers. They make payroll deductions easy so staff can really automate their giving (and the match!). 3M additionally donates $20/worker volunteer hour, as much as $500, per calendar 12 months.
2. American Specific
Why We Love American Specific’s Matching Reward Program
Although American Specific sometimes matches items utilizing a 1:1 ratio, they encourage extra nonprofit involvement from staff. For instance, if an worker serves on a nonprofit board or volunteers for greater than 50 hours a 12 months, the primary $1,000 donated to that nonprofit can be matched at a 2:1 ratio.
3. Anheuser Busch
Why We Love Anheuser Busch’s Matching Reward Program
Anheuser Busch has hundreds of staff 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 ingesting, and financial affect.
4. Apple Inc.
Why We Love Apple’s Matching Reward Program
There may be principally no minimal that must be met to qualify for an identical present; if an worker provides 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 staff to request matching items and volunteer grants via March 31 of the next 12 months, providing a set timeline to your group to solicit unmatched Financial institution of America donors. Organizations then have till Could 15 to confirm any worker’s donation.
There is a chance to interact in an identical present technique all 12 months spherical. Double the Donation joined our fundraising specialists to spotlight how nonprofits can develop their affect with matching items. Additionally they gave listeners an unique take a look at their integration with GiveSmart. Watch the on-demand webinar today.
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 staff to be extra concerned of their communities, and provides 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 help with its 2:1 ratio embody girls’s empowerment, clear water, schooling, youth growth, and neighborhood constructing. Additionally they have a beneficiant matching present request deadline of February 28 of the 12 months following the preliminary donation.
8. Deloitte
Why We Love Deloitte’s Matching Reward Program
Deloitte is solely dedicated to increased schooling and matches items to neighborhood schools, four-year universities, and graduate packages, and Deloitte additionally matches scholarship packages. There are different necessities, that are clearly laid out in its guidelines.
9. Google
Why We Love Google’s Matching Reward Program
Along with its beneficiant donation matching, Google matches staff volunteer hours. Google designates 20 hours of annual volunteer PTO, on prime 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 staff have donated greater than $1 billion, together with their matched items.
10. Grainger
Why We Love Grainger’s Matching Reward Program
Grainger generously provides a 3:1 match for worker donations, together with securities. So if a Grainger worker provides $100, it’s matched with $300 from Grainger. Additionally they have one of many extra beneficiant approval processes, the place staff can request a match verification as much as a 12 months after the preliminary donation. With over 26,000 staff throughout the U.S., having the best instruments and donor information can really help this untapped income alternative. s in 19 U.S. communities.
11. Residence Depot
Why We Love The Residence Depot’s Matching Reward Program
A useful facet of The Residence Depot’s company matching present program is that it distributes matching items to organizations month-to-month. Plus, donors can monitor the real-time standing of their pending match(es) via their Residence 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 staff reportedly taking part. In 2023, U.S. staff 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 provides 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 items.
14. Starbucks
Why We Love Starbucks’s Matching Reward Program
Starbucks created a philanthropic program referred to as “Associate Match” for his or her U.S. staff. This program matches items as much as $1,000. The volunteer grant quantity is $5/hour, and staff 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 price 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 to your donors to see if they’re eligible for matching items or volunteer grants, and your employees don’t should waste time with routine follow-up as a result of Double the Donation’s innovative automation.
Connect with our fundraising experts today, to listen to how utilizing GiveSmart may also help you leverage matching present income.
