CyberGrants Matching Gifts

CyberGrants: Employee Giving and Grant Management

Are you a nonprofit or corporation looking for information on CyberGrants?

Good news, while Double the Donation is a completely independent and non-related company which specializes in helping nonprofits raise more money from matching gift programs, we can share much of the information on CyberGrants you’re looking for.

CyberGrants Grant Management

About CyberGrants:

For over 20 years, CyberGrants has been a leader in the online grantmaking space. In 1995, back when AOL was just starting to hand out those infamous free sign-up cds, CyberGrants was already launching online grants management and employee giving software for corporations. Over time, the company has recorded many firsts in the grant making space.

Some of these firsts include:

  • Developing the first online application
  • Providing the first online grants administration tools
  • Creating the first online workplace giving and volunteering systems for corporations

These ongoing innovations have positioned CyberGrants as a leading provider of online grantmaking and employee giving tools.

Quick fact – CyberGrants’ corporate customer base includes over 40 of the Fortune 100, and nearly 70% of the public companies tracked in the Dow Jones Industrial Average.

What Does CyberGrants Do?

Cybergrants specializes in two areas;

  1. Employee giving systems
  2. Grants management for corporate, family, and private foundations.

CyberGrants’ Employee Giving System for Corporations:

Whereas Double the Donation provides matching gift tools to nonprofits, CyberGrants provides services to corporations looking to streamline their employee giving systems.

It offers corporations a suite of services based around managing and administering:

  • Personal matching gifts for employees
  • Individual volunteer events
  • Executive matching
  • Rapid response / disaster relief administration
  • Dollars for doers / volunteer recognition programs
  • And much more!

The CyberGrants Employee Giving System is designed to provide companies and foundations with the tools they need to create, manage, and administer every aspect of an employee giving program.

Grants Management for Corporations and Foundations

As one of the original players in the grant management space, CyberGrants provides end-to-end solutions for corporations looking to take grantmaking to the next level.

The company’s web-based software enables nonprofits to submit their grant applications online while providing corporations and foundations with the tools they need to manage the grant cycle.

Features of their software include:

  • Customizable nonprofit application portals so a company’s brand is front and center
  • Comprehensive reporting
  • In-depth business intelligence
  • Automated cross-checking for compliance
  • And much more!

Which Companies use CyberGrants?

Double the Donation’s service enables nonprofits to increase fundraising from matching gift programs. To do so, we stay in contact with companies which offer matching gift and volunteer grant programs to understand their program guidelines and procedures.

Since CyberGrants is one of the largest providers of employee grant software to corporations, it’s no surprise that many of the companies in our matching gift database use their software.

A few of CyberGrants Employee Giving System corporate users include:

How Do I Contact CyberGrants?

If you’re a corporation interested in learning more about CyberGrants’, you can contact the company in one of three ways:

  1. By email:
  2. By phone: (978) 824-0300
  3. By mail: CyberGrants, Inc.- 300 Brickstone Square, Suite 601- Andover, Massachusetts 01810

Double the Donation’s Relationship with CyberGrants:

Double the Donation is a completely different company from CyberGrants.

While CyberGrants manages matching gift programs for corporations, Double the Donation works with nonprofits to help them raise more money from companies with matching gift and volunteer grant programs. We sell an easy-to-use tool to nonprofits which helps an organization’s donors submit match requests.

Check out our service!

Our database of employee giving programs includes those administered by companies such as:

Learn more about these matching gift vendors.

Nonprofit Leadership Traits

Matching Gift Participation Rates

Has your organization ever taken a look at which companies are consistently providing matching gift donations to your organization?

If you have, you may notice that a disproportionate number of matching gifts come from a select few companies.

Survey Results | Participation Varies Widely by Company:

The Chronicle of Philanthropy released a report entitled “How America’s Biggest Companies Give” which was compiled from their Corporate Giving Survey.

In this survey, America’s largest companies provided employee participation rates for their matching gift programs. The below table breaks down employee participation rates for many large employers.*

Employee Matching Gift Participation Rates

matching-gift-participation-rates

Key Insights on Matching Gift Participation Rates:

Insight #1: 65% of Microsoft employees request a match from the company compared to less than 15% for Xerox, Dell, and Verizon. This is a direct result of Microsoft being one of the best at communicating matching gift information to employees.

Insight #2: Pfizer leads companies in the pharmaceutical industry with over 30% of employees participating in the company’s matching gift program.

Insight #3: Matching gift programs are widely utilized by employees in the financial services sector. American Express leads the pack with 70% of employees requesting the company match at least one charitable donation.

Insight #4: Based on this sample of companies, the consumer goods sector has the lowest employee participation rates. Of the companies that provided data, Johnson & Johnson leads the sector with 25% of employees having one or more donations matched by the company.

 

Impact on your Organization’s Matching Gift Revenue: Home Depot vs. Coca-Cola:

For instance, both Home Depot (~13K Atlanta employees) and Coca-Cola (~5K Atlanta employees) are headquartered in Atlanta and offer similar matching gift programs.

One would expect Atlanta based nonprofit organizations to receive a significant number of matching gift donations from each of these companies. Unfortunately that doesn’t appear to be the case. The majority of nonprofits we’ve spoken to self-report far more matching donations from Coca-Cola compared to Home Depot each year. **

 

So what causes this discrepancy?

Organizations typically explain this phenomenon by talking about the number of employees each company has in the area. While it’s true that a company with a major presence in a city is more likely to provide a larger number of matching gifts, there’s an even more important factor.

How well a company internally promotes matching gifts dictates how likely an employee is to know about the program and submit matching gift requests.

We know it doesn’t take a genius to come up with the above statement, but it’s true. So many employees at companies with matching gift programs have no idea their employer offers a program. If an employee / donor lacks knowledge of their company program, there’s no way they’ll submit a matching gift request.

 

Closing the Gap:

Although your organization can’t change how widely companies promote matching gifts to their entire employee base, you can greatly influence the percentage of your donors who submit matching gift requests.

If you raise awareness and make it easy for your donors / their spouses to submit matching gifts, you can increase matching revenue.

We recommend nonprofits promote matching gifts in three locations:

  1. In the donation process
  2. Across your website
  3. In your communications

If you effectively promote employee matching gifts to your donors, you can overcome low participation rates.

Data Sources:
*Based upon a publicly available survey of companies which was conducted by The Chronicle of Philanthropy.
**Based on our conversations with membership and development managers at select Atlanta organizations.

Matching Gift Acknowledgement

Team Volunteer Grants | Volunteers and Grants, the Best of Both Worlds

You’ve probably already heard of employee matching gift and volunteer grant programs, but has your organization looked into the benefits of corporate team volunteer grants?

What are corporate team volunteer grants?

Team volunteer grants are corporate giving programs in which a company provides a monetary donation to nonprofits when a group of employees volunteer together.

Corporations offer these programs to promote team building and community service.

These corporate grant programs have the potential to be a win-win for everyone involved. If your organization can design appealing opportunities for groups of corporate employees to come out and volunteer, everyone wins!

  • Your organization receives volunteer support from a group of individuals
  • The group of employees has an enjoyable and rewarding team-building event
  • The corporation gets to give back to the community
  • Your organization receives a grant from the company

Examples of team volunteer grant programs:

AMD Team Volunteer Grants

AMD:

Through Advanced Micro Devices’ Grant Incentives for Volunteer Efforts (GIVE), the company provides grants of $15 per hour volunteered when individual employees volunteer with a nonprofit.

To make AMD’s volunteer incentive program even better, the company provides grants when groups of employees volunteer together. Through AMD’s Team Development Grants, when teams of five or more employees volunteer together for at least 10 total hours (2 hours each), the school / organization is eligible for a $500 grant.

Learn more about AMD’s volunteer grant programs.

 

CarMax:

CarMax Cares Team Volunteer GrantThrough The CarMax Foundation, an Associate can make a team-building event more impactful. When groups of employees volunteer together they’re able to earn a grant from The CarMax Foundation for the nonprofit they’re volunteering with.

Volunteer Team Building Grant amounts are:

  • $500 for eligible donation drives (excludes blood drives) or when five-24 Associates volunteer (see below for runs and walks)
  • $1,000 when five or more Associates participate in a run or walk benefiting an eligible non-profit
  • $1,000 when 25 or more Associates volunteer

Even better is that most of the above grants are doubled for activities taking place in June in celebration of CarMax Cares Month.

Learn more about CarMax’s volunteer grant programs.

 

IBM:

IBM offers both individual and team volunteer grants.

When IBM employees and retirees volunteer individually they are eligible for up to $3,500 in technology grants or $1,000 in cash awards a year for organizations where they regularly volunteer. Employees must volunteer for a minimum of 8 hours a month for five months.

Groups of IBMers or retirees who volunteer together may request up to $7,500 in IBM equipment grants for eligible schools and not-for-profit organizations.

Learn more about IBM’s volunteer grant programs. 

 

Xcel Energy Volunteer Grants

Xcel Energy:

Xcel Energy offers multiple types of employee giving programs. Through Xcel Energy’s individual volunteer grant program, the company provides grants worth $10 per hour volunteered when an employee volunteers with a nonprofit. The company also matches up to $2000 of employee donations to a wide range of nonprofits.

Through Xcel Energy’s team volunteer grant program, when teams of six or more employees participate in a community volunteer project, Excel Energy will donate $500 to the associated nonprofit.

Learn more about Xcel Energy’s volunteer grant programs.

 

Kohl's Volunteer GrantsKohl’s:

When a minimum of five Kohl’s Associates from one location volunteer at least three consecutive hours of their time with a qualifying organization, the nonprofit is given a $500 grant.

Learn more about Kohl’s team grants.

 

Verizon Volunteer GrantsVerizon:

Verizon provides individual volunteer grants worth $750 when an employee volunteers for 50 hours and matches donations up to $5,000 per employee per year.

But perhaps the greatest award comes through Verizon’s team program, where teams of 10 or more Verizon employees who collectively raise funds for a nonprofit or school can have their funds matched up to $10,000 per team and event.

Learn more about Verizon’s volunteer grant programs.

 

Walmart:

Walmart Team Volunteer Grants

Walmart provides $250 for each individual in their volunteer grant program who volunteers at least 25 hours and allows up to four individual grant requests per year.

When five or more associates volunteer at least an accumulated 25 hours, Walmart will grant the team $500. Also, Walmart associates from any department or any facility can volunteer together as a team. Walmart will grant up to $5,000 if associates make a team of 50 volunteers, and each department or facility may submit up to four team grant requests per year.

Learn more about Walmart’s volunteer grant programs.

Westar Energy

Westar Energy Employee GivingThrough Westar Energy’s Spirit of Giving Program, the company matches donations, offers grants when individuals volunteer, provides additional matches when an employee serves on a nonprofit board, and provides grants when teams of employees volunteer together.

As part of the Department Team Building Service Match the company will donate $1,000 to an organization where five or more employees conduct an external team building service project for a minimum of one half of a day.

Learn more about Westar Energy’s employee giving programs.