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Companies Match Employee Fundraising for Walk, Run, and Biking Events

matching-gifts-for-fundraising-walks-runs-cyclingDid you know many national and even international companies also offer what’s called a “fundraising match program”? This means that a company will match all of the funds raised by an employee for a fundraising activity, including walks, runs, and/or biking events.

Companies Matching Employee Fundraising Efforts for Walk, Run, and Bike Type of Events:

Intuit, Inc.intuit blue

Intuit is a software company that develops financial and tax preparation software. It has 8,500 employees and offers a comprehensive matching gift program to its employees.

Intuit’s matching gift program includes an individual match, in which the company will match an employee’s donation of up to $2,000 to a nonprofit organization or educational institution of his or her choosing. In addition, Intuit’s corporate giving programs include a fundraising match. Intuit matches all of the money personally raised by an employee for a fundraising event.

There is a combined $2,000 maximum match (for both individual and fundraising matches) per employee every year.

Learn more about Intuit’s matching gift program.

McAfee, Inc.mcafee-logo-100037339-large

McAfee, the world’s largest security technology company, is a computer security software organization located in California that was recently acquired by Intel.

McAfee offers both individual matches (at a 1:1 ratio), and fundraising matches (also at a 1:1 ratio).

There is a combined $1,000 company matching limit per employee.

Learn more about McAfee’s matching gift program.

British Petroleum (BP)matching-donations-bp

BP, the fifth-largest company in the world by revenue, is an international oil and gas company headquartered in London.  BP employs nearly 80,000 people across the world with a large presence in the United States.

BP’s employee grant programs include the traditional personal donation matches, as well as matches for money raised from employees’ friends and family members. BP will match a maximum of $5,000 per employee, per year.

Learn more about British Petroleum’s matching gift program.

State Street Corporationstate street

State Street is a financial services holding company that was founded back in 1792 in Boston. After many years of successful growth, the company now employs more than 30,000 people internationally.

State Street offers a matching gift program for employee donations called GiveMore, which matches at a 1:1 ratio. Within this program, annual matching limits are extremely generous but also vary by role:

  • Board of Directors, CEO, President and Vice Chairs can receive up to $35,000 in matching funds.
  • Executive Vice Presidents can receive up to $25,000.
  • Senior Vice Presidents can receive up to $15,000.
  • All other employees can receive up to $5,000 in matching funds.

State Street also offers a fundraising match program called CollectMore, where the company will match an employee’s fulfilled fundraising pledges. Limits in the CollectMore program are lower, but nonetheless, being able to have funds matched is an incredible benefit for employees participating in a fundraising walk, bike, or ride type of event.

Learn more about State Street’s matching gift program.

Penguin Random House:

Penguin Random House matches employee donations of up to $2,500 per employee per year to most 501(c)(3) nonprofits.

To sweeten their program even further, Penguin Random House has a Fundraising Match Program where the company will match up to $1,500 per employee (included in the $2,500 per employee annual maximum), per calendar year, for money raised personally by employees for fundraising events to qualifying nonprofit organizations with 501(c)(3) tax exempt status.

Types of fundraising events include, but are not limited to, walk-a-thons, bike-a-thons, and 5K’s to name a few. Each fundraising request will be considered on a case by case basis.

Learn more about Penguin Random House’s matching gift program.

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.

Promoting Matching Gift Grants at Companies

Corporate Example: Promoting Grant Programs to Employees and Retirees at Texas Instruments

Are you a corporate executive trying to figure out why your well thought out and generous giving programs aren’t being utilized as much you’d like? If so, this article is for you!

Reasons for Low Participation in Employee Giving Programs

Lack of awareness is the most common reason donors and volunteers aren’t submitting grant requests. One of the things we hear from our nonprofit clients’ donors is that they often have no idea their employer offers a matching gift or volunteer grant program until they searched our online database of matching gift companies. Sure, if you’re the HR rep or president of your company’s foundation you’re well aware of the giving programs, but for the average employee, the programs are often very much a mystery.

If you’re one of the companies that offer grants for retirees as well, imagine how unlikely it is that they’re kept in the loop. The key to increasing utilization can be boiled down to increasing awareness and making the submission process easily accessible.

Wide Distribution of Information

Do you want to get a feel for how good (or bad) of a job your company is doing promoting matching gifts? Don’t ask employees “do you know about our matching gift program” because you’ll get very skewed answers, since no one wants to look uninformed. Instead ask a more open ended question such as “what do you know about the corporate giving benefits available to you?”

Texas Instruments is one of the many companies which both matches donations and offers grants for volunteering. While we don’t have a complete picture on how they promote their matching gift and volunteer grant programs, they definitely take a proactive approach!

Below is copy of their alumni / retiree e-Newsletter from last year’s holiday season. Included in it was a section on how retirees can make their charitable gift giving go farther. We’ve also seen similar examples of the company promoting employee giving programs to current employees so it’s clear they’re one of the companies doing a great job of distributing employee giving information.

Newsletter promoting matching gifts and volunteer grants to retirees

We encourage your company to take a look at how you’re communicating matching gift information to employees and retirees.

Easily Accessible Guidelines and Submission Information

While Double the Donation doesn’t administer matching gift programs for corporations, we often hear from confused donors who are trying to submit match requests, but can’t figure out the process. While there are countless examples of companies doing a good job promoting these employee giving programs, let’s stick with Texas Instruments since they make it easy not only for employees, but also retirees.

Accessible Matching Gift and Volunteer Grant Information | Texas Instruments Alumni Website

Through the Texas Instruments Alumni Association, there’s a clear link in the website’s navigation bar to a section called “matching gifts.” Within the page, there are detailed guidelines, a link to submit a match request electronically, and a phone number which retirees can call in case they need assistance. It’s a perfect example of providing employees with the information they need to take advantage of the giving programs they’re eligible for.

General Takeaways:

  • Lack of awareness is the number one reason employees and retirees don’t utilize matching gift and volunteer grant programs.
  • Evaluate where and how you’re promoting matching gifts to determine if you should expand your marketing to employees.
  • Create a page on your company website with guidelines and links to the appropriate matching gift form.

Additional Resources for Corporations

Are you a corporate employee looking for ways to more effectively design and manage your employee giving programs? The following resources and articles may interest you:

Canada Matching Gifts

Canada Matching Gift Companies

Many nonprofits in Canada have asked Double the Donation if there are companies inside Canada that will match donations.

Fortunately Double the Donation tracks both U.S. and Canadian companies that match employee donations.

As expected, many Fortune 500 companies have a global presence, and are found throughout Canada. Many of these large corporations have matching gift programs; however the policies can vary between countries.

List of Canadian Companies that Match Donations

With the 11th largest economy in the world, Canada headquarters many great companies with generous employee giving benefits. Many Canadian companies have a long history of philanthropy and some of the world’s renowned nonprofits call Canada home.

If you’re a Canadian organization trying to increase your fundraising with matching gifts or volunteer grants, be sure to familiarize staff members with the list below. This list is far from exhaustive, so we encourage you to subscribe to a matching gift look-up service (click here for a demo) to make it easy for donors to access and submit matching gifts.

Bank of Montreal

BMO

Bank of Montreal (also known as BMO Financial) matches gifts between $100 and $2,000 per employee every year. They match to a variety of institutions ranging from K-12 schools to arts and cultural organizations to environmental groups.

BMO also provides grants when employees volunteer regularly.

Read more about the BMO Financial Group’s matching gift program.

 

BCE Inc.bce

Bell Canada Enterprises does not offer a matching gift program, but they do have employee volunteer grants. Employees who volunteer throughout the year can earn up to $500 annually for their favorite nonprofits.

Read more about the BCE volunteer grant program.

 

Gildan ActivewearGILdan

Headquartered in Montreal, Gildan will match gifts from both full and part-time employees. The company match to organizations in Canada, the United States, and Honduras.

Read more about the Gildan Activewear matching gift program.

 

Royal Bank of CanadaRBC

RBC or The Royal Bank of Canada will match employee donations. The maximum amount matched is $1,000. A cool perk of RBC’s matching gift program is that retirees are also eligible to participate and have their donations matched.

Read more about RBCs matching gift program.

 

TransCanadaTransCanada Matching Gift and Dollars for Doers Programs

TransCanada offers two main types of employee giving programs.

The first is TransCanada’s matching gift program where the company matches up to $1,000 annually to most nonprofits. The program is open to all employees and many retirees.

The second program is TransCanada’s Dollars for Doers program. Through this program the company matches donations of time with monetary grants. Once a TransCanada employee volunteers for at least 20 hours in a calendar year he or she can request a volunteer grant for the organization.

Read more about TransCanada’s employee giving programs.

 

Additional Companies Which Match Donations by Canadian Employees:

Double the Donation’s database is full of companies that match donations from Canadians to Canadian nonprofits. Here are a few additional companies which match donations made by Canadian employees:

Want to find out how Double the Donation can help your nonprofit increase its fundraising from employee matching gifts and volunteer grants?

Learn more about our matching gift service >