You’re employed laborious for each greenback raised in on-line giving. What in case you may double or triple these funds? Company matching reward and volunteer grant applications present a (largely untapped!) fundraising alternative you might want to 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 applications aren’t stored secret, however staff don’t all the time know whether or not their donations qualify for matching items or how simple it’s to assert an identical reward.
Publish-Giving Tuesday, end-of-year, and end-of-fiscal yr are nice occasions to solicit matching items and ramp up volunteer recruitment; matching items not often depend on occasion tickets, on the spot objects, raffles, restricted items, peer-to-peer funds raised, or auctions. They will normally solely be matched to basic donations.
Some company matching reward applications concentrate on only a few initiatives, reminiscent of training, ladies in STEM, dignified housing, and others; some firms provide broader matching alternatives.
The method for requesting and receiving matching items and volunteer grants just isn’t difficult. A superb place to start out is knowing the place there’s an overlap in your donor knowledge and accessible company matching reward applications. Here’s a quick listing of firms with matching reward and/or volunteer grant applications:
Don’t restrict your self to only these companies. A whole bunch of worldwide, regional, and even native firms provide matching reward applications. Join together with your board of administrators and different high-level volunteers and simply ask!
Let’s break down what these 15 firms provide so you may higher develop your matching reward program technique and solicitation cadence. Corporations typically replace their matching reward and volunteer grant applications, so confirm this data and revisit it yearly.
1. 3M
Why We Love 3M’s Matching Present Program
3M not solely matches money, checks, and on-line items, nevertheless 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 yr.
2. American Specific
Why We Love American Specific’s Matching Present 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 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 Present Program
Anheuser Busch has 1000’s 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 consuming, and financial impression.
4. Apple Inc.
Why We Love Apple’s Matching Present Program
There may be mainly no minimal that must be met to qualify for an identical reward; 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 reward and volunteer grant applications.
5. Financial institution of America
Why We Love Financial institution of America’s Matching Present Program
Financial institution of America permits staff to request matching items and volunteer grants via 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 Could 15 to confirm any worker’s donation.
There is a chance to have interaction in an identical reward technique all yr spherical. Double the Donation joined our fundraising specialists to spotlight how nonprofits can develop their impression with matching items. Additionally they gave listeners an unique have a look at their integration with GiveSmart. Watch the on-demand webinar at the moment.
6. BP
Why We Love BP’s Matching Present Program
BP not solely matches direct donations, nevertheless it additionally matches cash that an worker raises through any peer-to-peer marketing campaign. This encourages all staff to be extra concerned of their communities, and provides nonprofits a big 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 Present Program
Since 1984, Coca-Cola’s matching reward program has donated over $1 billion to nonprofits. Coca-Cola’s favourite causes to assist with its 2:1 ratio embody girls’s empowerment, clear water, training, youth growth, and neighborhood constructing. Additionally they have a beneficiant matching reward request deadline of February 28 of the yr following the preliminary donation.
8. Deloitte
Why We Love Deloitte’s Matching Present Program
Deloitte is completely dedicated to larger training and matches items to neighborhood schools, four-year universities, and graduate applications, and Deloitte additionally matches scholarship applications. There are different necessities, that are clearly specified by its pointers.
9. Google
Why We Love Google’s Matching Present Program
Along with its beneficiant donation matching, Google matches staff 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 staff have donated greater than $1 billion, together with their matched items.
10. Grainger
Why We Love Grainger’s Matching Present Program
Grainger generously presents a 3:1 match for worker donations, together with securities. So if a Grainger worker offers $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 yr after the preliminary donation. With over 26,000 staff throughout the U.S., having the precise instruments and donor knowledge can really assist this untapped income alternative. s in 19 U.S. communities.
11. Residence Depot
Why We Love The Residence Depot’s Matching Present Program
A helpful facet of The Residence Depot’s company matching reward program is that it distributes matching items to organizations month-to-month. Plus, donors can observe 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 Present 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 reward program was based in 1983, making it a long-time change agent for nonprofits.
13. Schneider Electrical
Why We Love Schneider Electrical’s Matching Present Program
Schneider Electrical presents 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, providers, and company-sponsored items.
14. Starbucks
Why We Love Starbucks’s Matching Present Program
Starbucks created a philanthropic program referred to as “Accomplice 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 Present 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 1000’s of U.S. nonprofits. They’ve additionally began particular reduction matching reward applications for moments of reactive giving.
Understanding these matching reward and volunteer grant applications 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 workers’s time to develop an identical reward 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 items or volunteer grants, and your workers don’t should waste time with routine follow-up on account of Double the Donation’s modern automation.
Join with our fundraising specialists at the moment, to listen to how utilizing GiveSmart may help you leverage matching reward income.
