You’re employed onerous for each greenback raised in on-line giving. What should you might double or triple these funds? Company matching reward and volunteer grant packages present a (largely untapped!) fundraising alternative you might want to study 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 stored secret, however staff don’t at all times know whether or not their donations qualify for matching presents or how simple it’s to say an identical reward.
Submit-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 depend on occasion tickets, prompt gadgets, raffles, restricted presents, peer-to-peer funds raised, or auctions. They will often solely be matched to basic donations.
Some company matching reward packages concentrate on just some initiatives, comparable to training, ladies in STEM, dignified housing, and others; some corporations supply broader matching alternatives.
The method for requesting and receiving matching presents and volunteer grants will not be sophisticated. A superb place to begin is knowing the place there’s an overlap in your donor information and obtainable company matching reward packages. Here’s a brief listing of corporations with matching reward and/or volunteer grant packages:
Don’t restrict your self to only these firms. Tons of of worldwide, regional, and even native corporations supply matching reward packages. Join together with your board of administrators and different high-level volunteers and simply ask!
Let’s break down what these 15 corporations supply so you possibly can higher develop your matching reward program technique and solicitation cadence. Corporations typically replace their matching reward 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 presents, but it surely 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 Categorical
Why We Love American Categorical’s Matching Reward Program
Although American Categorical sometimes matches presents 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 might 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 influence.
4. Apple Inc.
Why We Love Apple’s Matching Reward Program
There may be mainly no minimal that must be met to qualify for an identical reward; 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 reward 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 presents 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 interact in an identical reward technique all yr spherical. Double the Donation joined our fundraising specialists to spotlight how nonprofits can develop their influence with matching presents. Additionally they gave listeners an unique have a look at their integration with GiveSmart. Watch the on-demand webinar at present.
6. BP
Why We Love BP’s Matching Reward Program
BP not solely matches direct donations, but it surely 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 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 reward program has donated over $1 billion to nonprofits. Coca-Cola’s favourite causes to assist with its 2:1 ratio embrace girls’s empowerment, clear water, training, youth growth, and group 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 Reward Program
Deloitte is completely 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 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 presents.
10. Grainger
Why We Love Grainger’s Matching Reward Program
Grainger generously gives 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 yr after the preliminary donation. With over 26,000 staff throughout the U.S., having the suitable instruments and donor information can really assist 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 reward program is that it distributes matching presents 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 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 Reward Program
Schneider Electrical gives 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 “Companion Match” for his or her U.S. staff. This program matches presents 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 reward packages for moments of reactive giving.
Understanding these matching reward 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 corporations pay out yearly.
By following up with donors who work on the corporations 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 presents or volunteer grants, and your workers don’t need to waste time with routine follow-up resulting from Double the Donation’s revolutionary automation.
Join with our fundraising specialists at present, to listen to how utilizing GiveSmart can assist you leverage matching reward income.