Portland Matching Gifts

Portland, Oregon Companies with Employee Matching Gift Programs

Matching Gifts Help Nonprofits?

If your donors work for a company with a matching gift program their donations can be matched be their companies. Double the Donation can help you optimize your fundraising from sources like matching gifts and double your donations overnight. Start your journey here at Double the Donation. There are many resources across the site to help nonprofits increase their fundraising.

List of Companies with Matching Gift Programs in Portland

Portland is known for it’s forward-thinking, progressive culture. Many companies have adopted these attitudes and now offer a wide variety of corporate philanthropy initiatives. Portland is the capital and most populous city in Oregon. While only 2 Fortune 500 companies are headquartered in the city, many others have a strong presence. Check with your donors to see if their companies match charitable donations.

In the meantime, check out these companies that are currently offering matching gift benefits to their employees and be sure to take advantage of this vital fundraising source.

Nike

Nike will match up to $2,500 per employee to most charitable organizations. They will also match $1,000 a year for part-time employees.

Read more about Nike’s matching gift program.

Siemens

Siemens AG will match donations on a 1:1 ratio to educational institutions. Each employee is eligible to have up to $2,000 matched by the company.

Read more about the Siemens matching gift program and volunteer grants.

U.S. Bank

U.S. Bank matches $3,000 donations to many types of nonprofit organizations. Does your nonprofit qualify?

Read more about Bancorp/ U.S. Bank’s matching gift program.

Wells Fargo

Wells Fargo will match up to $6,500 a year to educational institutions. The company also has a dynamic volunteer grant program.

Read more about the Wells Fargo matching gift program.

Want to learn more about how Double the Donation can help your organization? Read about some of our nonprofit clients here.

Minneapolis Matching Gifts

Employers in Minneapolis, Minnesota which Match Donations

Nonprofits and Matching Gift Programs

Double the Donation has received several requests asking about matching gift programs in Minneapolis. To clear up some of the confusion we created this post highlighting some of the top companies in the area that currently offer these programs. Matching gifts can increase nonprofit fundraising without asking donors to contribute more of their own funds.

List of Companies in Minneapolis with Matching Gifts

The city of Lakes just so happens to be the largest city in the state of Minnesota. 5 Fortune 500 companies are based out of the city and several foreign corporations are starting to place offices in Minneapolis. The area has an estimated GDP of around 200 billion dollars. Many of the companies with a presence in the city also offer matching gift or volunteer grant programs.

If a nonprofit has donors working for any of these companies their donations could be doubled. Check out this list of some of the companies in Minneapolis with the best matching gift programs.

Hormel Foods

Hormel Foods will match up to $15,000 a year donated to a school. They will also match up $1,000 a year per employee. Employees can donated upwards of $10,000 a year to colleges and universities and have the gift matched 1:1

Read more about Hormel’s education matching gift program.

 

General Mills

General Mills, another food industry giant, also offers matching gifts. General Mills will match gifts made up to $5,000 per employee. See if your organization is eligible.

Read more about the General Mills matching gift program.

 

U.S. Bancorp

U.S. Bancorp will match up to $3,000 annually. The company also has a volunteer grant program that will pay nonprofits $5 per hour an employee spends volunteering for their organization.

Read more about the U.S. Bancorp matching gift program.

 

Graco

Through The Graco Foundation the company provides donations to nonprofits which Graco employees support.

Each year through the Employee Giving Campaign, every contribution made by Graco employees to eligible nonprofit organizations is matched $1 for $1 by the Foundation.

Graco also offers a Dollars for Doers Program where the Foundation donates $1,000 to any eligible nonprofit organization where an employee has volunteered 50 hours or more. And the best part is that time that a spouse or dependent of a Graco employee volunteers counts toward the 50 hours.

Read more about Graco’s matching gift and dollar for doers programs.

St. Petersburg Matching Gifts

Companies with Matching Gift Programs in Tampa, Florida

Nonprofit Matching Gift Programs

Matching gifts are becoming a favorite way of giving among America’s top companies. Matching gifts are an easy way to double your current donations. Familiarize your organization staff with this list of companies.

Unfortunately, many donors are unaware that their companies have these programs. Often the responsibility falls on nonprofits to inform their donors.

List of Companies in Tampa

Tampa has a dynamic economy that relies on industry, national defense, tourism, and shipping. The city is home to several multinational corporations and Fortune 1000 companies, many of which operate employee giving programs.

Learn about the top companies in Tampa, Fl with matching gift programs. Use this list to help your organization optimize its fundraising efforts.

Honeywell

Honeywell  does not currently offer matching gift programs, but it does offer an employee volunteer grant program. Volunteers can earn up to $500 for a nonprofit by volunteering 50 hours.

Read more about the Honeywell employee volunteer grants.

Humana

Humana will match up to $1,000 for each of its employees who donate to eligible causes. The company also offers an interesting incentive for volunteers.

Read more about Humana’s employee giving programs.

Publix

Publix will match donations made between $25 and $5,000 per employee. Part-time workers and retirees are eligible.

Read more about the Publix matching gift program.

USAA

USAA will match gifts made between $25 and $500. They match on a 1:1 ratio. See if your organization is eligible.

Read more about the USAA matching gift program.

Interested in learning how Double the Donation increases nonprofit fundraising with employee matching gifts?

Tax Deductible Donations Matching Gifts

Determining the Tax Deductible Component of Donations for Matching Gift Purposes

If your organization derives a significant amount of funding from membership programs, annual fundraising galas, or special events, you may have wondered whether those donations are eligible for corporate matching gift programs.

Well the facts are in; your organization may be leaving money on the table by not promoting matching gifts to these donors. In almost every case, the tax deductible component of nearly all cash and stock contributions are eligible to be doubled through employer matching gift programs.

Learn more about corporate matching gift programs.

Tax Deductibility for Matching Gifts

Nonprofit organizations that raise funds through events and memberships should let attendees know the dollar amount that is tax deductible for IRS income tax reporting purposes. The tax deductible amount of the donation, event ticket, or membership is also what donors should submit to their employer’s matching gift program.

The AFP (Association of Fundraising Professionals) states:

The tax-deductible or contributed portion of a ticket is the amount over and above the fair market value (FMV) of any benefits received. It is the responsibility of the organization putting on the event to determine the FMV and to inform the participants of the amount of the contributed portion.

View details on many of the largest national employers which offer matching gift programs.

Calculating the Tax Deductible Amount which can be Matched

It’s up to the nonprofit organization to determine the tax deductible amount of each contribution for tax and matching gift purposes. The first step is to determine the FMV of the benefits received.

One of the most common ways to determine this amount is to compare the benefits received by the donor to what those benefits would cost if it were not a fundraiser.

For example, let’s say you charge $1,000 for an annual Gala ticket. Included in the Gala is a performance by a well known band and a five course dinner. You may determine that the dinner would cost $50 from a local restaurant and a ticket to see the band would cost $100. In this case, the fair market value of the Gala ticket would be $15o which means the tax deductible component of the ticket would be $850.

Donors should use this fair market value, rather than the overall purchase price, on their company matching gift form.

While each organization has discretion in assessing fair market value, the key is to ensure the values you place on each benefit are reasonable. Is it reasonable for a steak and lobster dinner with salad and dessert to cost $10 at a five star restaurant?  Probably not. An appropriate method is to take a look at the menu of a local restaurant and use their pricing as guidance.

Calculating the FMV isn’t an exact science. It could vary by several dollars and any amount within a reasonable range would be acceptable for government reporting and matching gift purposes. The important part is that your organization is taking a fair and honest approach to estimating the FMV.

Bottom Line: Many different types of donations to your organization have a tax deductible component that can be submitted to corporate matching gift programs. Make sure you’re communicating this out to your donors and asking them to submit matching gift requests for this amount.

Nonprofit Leadership Traits

Reader Question: What Happens When Both a Husband and Wife Work at Two Different Matching Gift Companies?

Every once in a while, we get a question from one of our clients or visitors which we feel is worthy of sharing. Let us take a look at two similar questions we’ve received:

Question #1:

If a donation is made from a husband / wife who work at two different companies that offer matching gift programs, is there a general rule that says that donation can only be matched by one company?

Thanks,

Henry

Question #2:


Greetings,

We have a married couple who have each submitted a request to their respective employers for their gift to be matched. The gift in question was made online by the husband so he got hard credit for it, but it could have just as easily been a check from a joint account.

Has anyone had this happen – and did you confirm the gift with each (different) company? Feel free to reply offline.

Thanks

Answer: The general rule of thumb is that both individuals are able to submit a matching gift request to their respective employers. Assuming the standard case where companies match donations dollar for dollar, a single donation would effectively be tripled. We rarely, if ever, see a rule preventing a gift from being matched by multiple companies.

A more common occurrence is for both the husband and wife to work for the same matching gift company. If that’s the case, one of three things typically occurs:

  1. The company will provide a double match. For example, rather than matching at a 1:1 ratio, the company will match at a 2:1 ratio.
  2. The company will provide the same matching gift ratio, but double the limit. For instance, instead of matching all donations up to $5,000 annually, the company will match donations up to $10,000 annually.
  3. The company provides the couple with the same benefit that an individual employee receives.

Why Does This Information About Matching Gift Programs for Spouses Matter?

Your organization may already incorporate many of our top ways to promote employee matching gifts, but don’t forget to also promote matching gifts for spouses.

Do you provide donors with an acknowledgement letter after they submit the matching gift request or upon receiving the actual grant from the company? If so, this is a great time to encourage donors to ask their spouse if his or her company offers a matching gift program. Just reminding them that the donation could go even further increases the likelihood the donation will be matched by a second employer. Once a donor has gone through the process a single time, they realize how straightforward it is for them to submit the matching gift request. Appeal to them to also find out if their spouse’s employer offers a similar program so the donation can be tripled!

If you subscribe to Double the Donation’s service, make sure to direct donors and members to your organization’s matching gift and volunteer grant website so they can instantly determine their eligibility and submit the appropriate form.

Readers: Have questions about corporate employee giving programs? If so, email us at info@doublethedonation.com.