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Matching Gift Requests

It’s Never Too Late for Donors to Submit Matching Gift Requests

Are you just jumping on the matching gift bandwagon? Worried about having to build a program from the ground up with all new donations?

Fear not, many of your past donors are still eligible for matched gifts.

Matching gifts don’t have to be submitted immediately after the donation is made. Although, it is to your benefit to encourage your donors to make the request as soon as possible because:

  1. The farther from the donation a supporter gets, the less likely he will be to follow-up with a matched gift
  2. The sooner your nonprofit receives the extra funds, the sooner it can put those funds to good use

Matching gift deadlines vary by company, so there’s still time to promote matching gifts to donors who contributed to your organization this year.

Donors simply have to fill out and submit their employer’s matching gift request forms.

Matching gift deadlines typically fall under one of three types:

  1. Within a set number of months — A company will stipulate that it will match a gift up to, for example, 3, 6, or 12 months following the initial donation.
  2. By the end of the calendar year — This option is fairly straightforward.  Employees must submit for a match within the calendar year of the donation.
  3. By the end of the calendar year with an extended grace period — In this instance, a company will grant matched gifts through the end of the calendar year and then tack on an additional month or two for employees to submit their matching gift requests.  Standard extensions go through end of January, February, or March, but rarely go past the 31st of March.

To get a better understanding what the guidelines look like in practice, let’s look at some examples.

 

Deadline #1: Within a Set Number of Months

While most companies allow donations to be submitted far after the date a donation was made, deadlines do vary. Some major companies have much more time sensitive deadlines for their matching gift programs.

Here are four companies with matching gift submission deadlines ranging from 30 days to 365 days from the donation date:

 

Adobe

Adobe Matching GiftsAdobe offers a matching gift program wherein the company matches donations up to $10,000 per employee per year. Employees are also able to submit grant requests for $250 for every 10 hours they volunteer with a nonprofit.

The company offers an easy to use online portal for employees to submit their matching gift requests and to log their volunteer hours.

Match request deadline: All matching gift requests must be submitted by employees within one year of the donation date.

Click here for additional details on Adobe’s matching gift program.

 

DirectTV

DirectTV matches donations of up to $20,000 per DIRECTV Matching Giftsemployee per a year and provides grants of $10 per hour (max $250) volunteered by an employee. DirectTV has an easy to use online submission process for both programs.

Match request deadline: All matching gift requests must be submitted by employees within six months of the donation date.

Click here for additional details on DirecTV’s matching gift program.

 

AltriaAltria Matches Donations from Employees

Altria offers a generous matching gift program (up to 30K annually per Altria employee) as well as large volunteer grants ($500 after 25 hours of volunteering).

Match request deadline: All matching gift requests must be received by Altria’s program administrator within 90 days from the date of the gift.

Click here for additional details on Altria’s matching gift program.

 

Fannie Mae

Fannie Mae's Matching Gift Program

Fannie Mae matches employee donations up to $5,000 annually and offers grants when employees volunteer. Unfortunately some organizations miss out on this funding since they aren’t ensuring donors submit matching gift requests in a timely manner.

Match request deadline: Fannie Mae donors and volunteers must submit a matching gift request within 30 days of the date of the donation, or by December 31st of each year, whichever is sooner.

Click here for additional details on Fannie Mae’s matching gift program.

 

Deadline #2: End of Calendar Year

Many companies ask that employees submit their match requests in a timely manner but will still match donations made in a calendar year until December 31st of that year.

Here are a few examples:

Aetna

Aetna Matching Gift ProgramAetna matches donations from employees and retirees up to $5,000 per individual per year. Aetna also enables employees to allocate a $300 grant to a nonprofit after they volunteer for 20 hours in year.

Match request deadline: Employees are encouraged to submit the matching gift request as soon as possible, but have until December 31st to submit their matching gift requests.

Click here for additional details on Aetna’s matching gift program.

 

Freeport-McMoRan

Freeport McMoRan Matching GiftsFreeport-McMoRan matches donations of up to $40,000 per employee per year to a wide range of nonprofits. The first $1,000 donated is matched at a 2:1 rate. Anything above $1,000 is matched at a dollar for dollar rate.

Match request deadline: While Freeport-McMoRan encourages employees to submit matching donation requests at the time of the initial donation, employees can submit matches until Dec. 31st of the year following the date of the donation.

Click here for additional details on Freeport-McMoRan’s matching gift program.

 

Deadline #3: End of Calendar Year + Grace Period

Matching Gift Deadlines with Grace Periods

Boeing

Boeing offers a monetary match, a volunteer grant match, and a grant when employees participate in a fundraising event such as a walk or run for a cause. The deadlines for all three of Boeing’s employee giving programs are as follows:

Employee deadline: Boeing employees must submit gift match requests no later than January 31st of the year following the contribution / participation.

Nonprofit deadline: Organizations must verify the employee submission request no later than April 15th of the year following the contribution / participation.

Click here for additional details on Boeing’s matching gift program.

 

VerizonVerizon Matches Donations from Employees

Verizon matches donations up to $5,000 annually to educational institutions and up to $1,000 annually to all other nonprofits.

The Verizon Foundation also provides grants of $750 to organizations where an employee volunteers for at least 50 hours in a calendar year.

Employee deadline: Matching gift requests must be entered into the electronic matching gift system before March 31st of the year following the date of the donation.

Organization deadline: Organizations must also confirm the donation request by March 31st.

Click here for additional details on Verizon’s matching gift program.

 

Bank of America / Merrill LynchBank of America Matches Donations

Bank of America (including Merrill Lynch) matches employee donations to nearly all nonprofits. The company also provides grants when employees volunteer on a regular basis.

Employee deadline: Employees must complete an application and have the recipient organization verify the gift. This information must be received by March 31st of the year following the date of the donation.

Organization deadline: Organizations must verify donations by May 15th of the year following the date of the donation.

Click here for additional details on Bank of America’s matching gift program.

 

MeadWestvacoMeadWestVaco Match Donations

MeadWestvaco offers multiple types of employee giving programs.

MeadWestvaco matches all donations to educational institutions, provides grants when employees volunteer, and matches donations to all organizations when employees are volunteer leaders with the organization.

Employee deadline: MeadWestvaco employees must submit their portion of the matching gift request form by March 31st of the year following when the donation was made.

Organization deadline: Organizations also have until March 31st of the year following when the donation was made to verify the donation and submit the completed match request.

Click here for additional details on MeadWestvaco’s matching gift program.

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.

Nonprofit Leadership Traits

Donor Advised Funds | Matching Gift Nuances

As a leading provider of matching gift information for nonprofits around the world, we’ve received questions on nearly every topic imaginable. Thankfully our team has done thousands of hours of research into nearly aspect of the corporate matching gift space. Let’s dive into one question we’re regularly asked.

Are Donor Advised Funds Eligible?

One topic which comes up on occasion is whether donations made into or out of donor advised funds are eligible to be matched by employers. Like most questions we receive, the answer is “it depends.” As you’re probably already aware, matching gift guidelines vary by company. Some companies explicitly state their policies on donor advised funds while others ignore the subject completely, even in their complete guidelines.

Let’s take a look at corporate policies for a number of major companies which spell out the matching eligibility of donations into or out of donor advised funds.

Corporate Examples:

American Expressamerican-express-matching-gifts

We regularly use American Express as an example not only because they match employee donations (sometimes at a 2:1 ratio), but they also have very explicit and detailed matching gift guidelines.

What is Eligible?

Eligible organizations and contributions include: “Contributions out of a charitable gift, donor advised, community foundation or family fund to an eligible nonprofit distributed from an established fund set up by the employee in his or her name”

What is not Eligible?

Contributions earmarked to an already established or to establish an employee’s charitable gift, donor advised fund, community foundation or family fund.

Learn more about American Express’ matching gift program >

match-gift-from-carmax

CarMax

Carmax is regularly recognized for having one of the top corporate employee giving programs. The company not only matches employee donations, but also matches donations from dependents until they turn 26. When it comes to Donor Advised Funds, here’s what Carmax guidelines say:

“Are All Gifts Eligible?”

Even if an organization is eligible, some gifts may not be. These include:

Gifts made by or through Community Trusts or similar organizations, including Charitable Remainder Trusts, Donor Advised Funds, or Private Foundations

Learn more about CarMax’s matching gift program >

Bank of Americamatching-donations-bank-of-america

Bank of America matches donations to most 501(c)(3) organizations up to $5,000 annually per employee as well as provides grants when retirees and employees volunteer. The company provides clear guidance around matching gifts for donor advised funds. Here’s what the company has to say:

The following organizations or categories of service are not eligible for matching donations through this program:

  • Gifts made into Donor Advised Funds. The distribution made from those funds in the employee’s name to qualified organizations are eligible for matching
  • And many others (Double the Donation excluded the others since they aren’t relevant for this post)

Learn more about Bank of America’s matching gift program >

Chevronmatch-donations-chevron

Chevron provides matching gifts to multiple types of nonprofit organizations, up to $10,000 per employee each year. With regard to private family foundations and Donor Advised Funds:

Donor Advised Funds must be directly funded by the employee, retiree or director only, and the Fund must maintain a separate account segregating the contributions of the donor.

Contributions made by a qualified family foundation or Donor Advised Fund must be directed by the donor and made on his or her behalf.

Learn more about Chevron’s matching gift program >

Charlotte Matching Gifts

Companies in Charlotte, NC that Match Gifts

Double the Donation receives mail from a lot of Charlotte based nonprofits asking about companies in their city that offer matching gift programs or employee volunteer grants. These fundraising opportunities are important to any nonprofit looking to get optimize their donors generous giving.

To help steer organizations in the right direction, we’ve listed some of the top companies located in Charlotte that offer matching gift programs.

Charlotte, NC and Corporate Matching

Charlotte is often called the Queen City, and it is the largest in the state of North Carolina. It is a major financial center, with the 2nd most financial assets behind New York City. Bank of America is headquartered here, along with several other Fortune 500 employers. 75% of the motorsports industry is located in Charlotte, and it is home to the NASCAR hall of fame.

Charlotte has recently become a major player in the energy field and freight transportation. With this amount of industry inside the city, there are ample opportunities for nonprofits to double their donations through corporate matching.

AonAon Hewitt

Aon, a human capital and management consulting service, will match employee donations up to $1,000. The company donates to health and human services, community and civic organizations, and many more.

Read more about Aon’s matching gift program.

AT&Tatt matching gifts

Full time employees and retired board members can have their donations matched through AT&T up to $15,000. All education institutions, excluding K-12, are eligible, in addition to arts and cultural institutions.

Read more about AT&T’s matching gift program.

Bank of AmericaBank of America

Bank of America, including Merrill Lynch, matches employee donations between $25 and $5,000. The company also offers a volunteer grant program which both current employees and retirees can participate in.

Read more about Bank of America’s matching gift program.

Duke Energyduke energy

Donations made by employees to a wide range of nonprofits between $50 and $5,000 will be matched by the Duke Energy company. Educational institutions are matched on a dollar for dollar basis; all others will be matched at half the employee donation.

Read more about the Duke Energy matching gift program.

Goodrich Corporationgood rich

Goodrich Corporation (now part of United Technologies) matches employee donations to most nonprofits up to $10,000 per employee per year.

Read more about Goodrich’s matching gift program.

Home Depothome-depot-matching-gifts

Home Depot has a large presence in Charlotte, and its matching gift program is one for the ranks. Home depot will match from a minimum of $25 to a maximum of $3,000 per employee per year. The company matches gifts at a 1:1 ratio.

The types of organizations that qualify for a match are:

  • Educational institutions (K-12 included)
  • Health and human services
  • Arts and cultural organizations
  • Civic and community organizations
  • Environmental organizations

Learn more about Home Depot’s matching gift program.

Los Angeles Matching Gifts

Los Angeles Companies that Match Employee Donations

Double the Donation may be based in Atlanta, but we serve nonprofit clients all across the country! In fact, in the U.S. we have clients as far east as Miami and as far west as San Francisco.

In California, our clients range from educational foundations (ex. Lafayette Partners in Education), health and human service organizations (ex. Lazarex Cancer Foundation), civic and community based nonprofits (ex. YMCA of Orange County), and everything in between.

Today, we want to take a trip to the west coast to highlight some LA-based companies that match employee donations via matching gift and volunteer grant programs.

Quick Statistics on Los Angeles Matching Gift Companies

Did you know that many California public schools are now asking parents of students to donate upwards of $400 per student, per year? Due to the wealth of companies in Los Angeles focusing their philanthropic efforts on educational institutions, many nonprofits and K-12 public schools are raising tens of thousands of dollars annually via matching gifts.

  • In 2012, 53 California-based companies graced the Fortune 500 list, 4 of which are based in Los Angeles.
  • 65% of Fortune 500 companies offer matching gift programs.
  • 40% of Fortune 500 companies offer volunteer grant programs.

Major Companies in Los Angeles with Employee Giving Programs

AT&T matches employee giftsAT&T

AT&T is the largest provider of mobile and fixed telephone systems in the United States. As of 2016, it is the seventh largest company in the U.S. by total revenue.

While AT&T doesn’t offer a “matching gift program” the company supports the organizations which employees are passionate about through its Cause Cards program.

Cause Cards are grants from the AT&T Foundation given to eligible charities recommended by employees. All employees that participate in the annual Employee Giving Campaign will be eligible to receive a Cause Card.

Eligible nonprofits include:

  • Educational institutions (K-12 and higher education)
  • Arts & cultural organizations
  • Environmental organizations
  • Civic and community organizations
  • Health and human service organizations
  • And many other 501(c)3 organizations

Employee pledges will be eligible for a Cause Card on a sliding scale based on a percentage of total giving. These Cause Cards are expected to range from $25 – $250. Employees will be notified of the value of the Cause Card and the deadline by which they need to redeem it by making a recommendation for an AT&T Foundation grant to an eligible 501(c)(3) charity of their choice.

Click here for additional details on AT&T’s matching gift program.

JP Morgan matches employee donationsJPMorgan Chase & Co.

JPMorgan Chase & Co. is the largest bank in the United States based on assets ($2 trillion, according to Forbes magazine.)

JPMorgan offers not only a robust matching gift program on a monetary basis (donations from $25 to $1,000), but a very comprehensive volunteer grant program that includes both individual and group volunteers.

Individual Volunteer Grants – Individuals who volunteer on a regular basis are eligible to request volunteer grants. Amounts are as follows:

  • 15 – 24 volunteer hours –> $150 grants
  • 25 – 49 volunteer hours –> $250 grants
  • 50 – 74 volunteer hours –> $500 grants
  • 75 – 99 volunteer hours –> $750 grants
  • 100 or more volunteer hours –> $1,000 grants

Team Volunteer Grants – Teams of three or more employees or retirees who volunteer together are eligible for team volunteer grants based on the combined volunteer hours. Amounts are as follows:

  • 5 – 24 combined volunteer hours =  $150 grants
  • 25 – 49 combined volunteer hours = $250 grants
  • 50 – 74 combined volunteer hours = $500 grants
  • 75 – 99 combined volunteer hours = $750 grants
  • 100 or more combined volunteer hours = $1,000 grants

Click here for additional details on JPMorgan Chase & Co.’s matching gift program.

Capital Group Companies Matches Donations 2:1The Capital Group Companies

The Capital Group Companies is a financial investment services company with assets upward of $1 trillion. With about 7,000 employees worldwide, TCGC offers a very generous matching gift program, providing a 2:1 match on donations anywhere from $100-$5,000. That’s essentially tripling a donation!

TCGC also offers a volunteer grant program that encourages employees to volunteer at least 10 hours with an organization, after which it will provide a grant of $10 per hour for up to 50 hours.

Click here for additional details on The Capital Group Companies’ matching gift program.

Wells Fargo Donation MatchingWells Fargo & Company

Wells Fargo, which acquired Wachovia, is the fourth largest bank in the United States, with reported revenue of over $86 billion. Wells Fargo also boasts a massive employee base, at just about 265,000. Wells Fargo matches, dollar-for-dollar, donations to accredited public or private educational institutions and educational foundations, anywhere from $25-$6,500.

Possibly even more impressive, though, is Wells Fargo’s volunteer grants program. It annually awards more than $500,000 in volunteer grants to organizations employees volunteer for in their communities. There isn’t a minimum number of hours required or a specific donation amount awarded, but employees apply directly through the Wells Fargo Foundation.

Click here for additional details on Wells Fargo & Company’s matching gift program.

Additional Los Angeles Matching Gift Programs

There are countless other major employers in the Los Angeles area that match employee donations. These include major employers such as:

  • Amgen
  • Bank of America
  • Boeing
  • Edison International
  • Home Depot
  • Kaiser Permanente
  • Northrop Grumman
  • Pfizer
  • Walt Disney

We highly encourage your nonprofit organization to share the above companies with employees in your fundraising, development, and membership teams, making sure they’re at least familiar with which companies will double donations made by employees.

Matching Gift Companies

What’s Next?

Interested in learning more about how Double the Donation’s tools help nonprofits increase fundraising from employee giving programs? Take a tour of our matching gift service.

Saint Louis Matching Gifts

St. Louis, Missouri | Companies which Match Donations from Employees

Matching Gifts are becoming a favorite way to give among America’s top companies. Matching gifts are a great way to double your donor’s donations. Familiarize your nonprofit 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.

At Double the Donation we provide tools to help your nonprofit raise awareness and make it easy for donors to submit matching gifts. You don’t want to be leaving corporate donation money on the table!

Corporate Philanthropy and St. Louis

Check out this list of corporations in the St. Louis area that are currently offering these programs.

Be sure to ask your donors about their companies’ matching gift programs the next time they donate.

Boeing

A well known presence in St. Louis, Boeing offers a matching program for employees giving to educational institutions, environmental causes, and many other nonprofit organizations.

Boeing will match donations of up to $6,000 per individual per year.

Read more about Boeing’s matching gift program.

Starbucksstarbucks

Starbucks opened its first shop over 40 years ago in Seattle, Washington. Now the company offers a matching gift program up to $1,500 for its employees.

Full-time, part-time, and retired employees are eligible for the program.

Read more about Starbuck’s matching gift program.

U.S. Bankusbanklogo

U.S. Bank matches up to $3,000 in donations per employee per a year to many types of nonprofit organizations. Does your nonprofit qualify?

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

Wells FargoWF

Wells Fargo has an employee matching gift program where the company will match up to $5,000 a year to educational institutions. The company also has a dynamic volunteer grant program.

Read more about the Wells Fargo matching gift program.

Social Media Posts Matching Gifts

12 Social Media Posts About Matching Gifts to Schedule Today

Social Media and Matching Gift Programs

Social media – we all use it in one way or another. But are you maximizing the impact of your social media platforms for your fundraising efforts? Promote corporate matching gift options using Twitter, Facebook, and the like, as a quick and easy, and cost effective way (read: free) to reach your digitally savvy masses!

One great thing about social media is the ability to schedule posts in advance and on a recurring basis, so you don’t even have to remember to do it again for quite some time.

Here are 12 sample posts (Twitter and/or Facebook) we’ve created for your organization to utilize, just so you can see how easy it can be. Remember, Twitter posts must be 140 characters or less, but Facebook has no limit.

Sample Matching Gift Posts for TwitterTwitter can be used to promote matching gifts

  1. Did you know your gift can be doubled, tripled & even quadrupled? Your employer might offer matching gift programs. <Your Double the Donation URL>
  2. Did you donate to us in 2012? There’s still time to submit a matching gift request from your employer! <Your Double the Donation URL>
  3. It’s February – do you love us? We love you, too! Click here to see if your company will double your donations:  <Your Double the Donation URL>
  4. Ever wonder if your employer matches donations? Search our database to learn more about your employer at <Your Double the Donation URL>
  5. Last year, we raised $X from corporate matching gift programs – help make 2013 a better year! <Your Double the Donation URL>
  6. Did you know that tons of organizations offer matching gift opportunities? Check to see if yours does. <Your Double the Donation URL>
  7. It takes just a few minutes to submit corporate employee matching gift forms… have you submitted yours? <Your Double the Donation URL>

Sample Matching Gift Posts for FacebookFacebook is a great platform to promote matching gift programs

  1. We sincerely appreciate all donations to <Your Organization’s Name>! Did you know that your generosity has the potential to be doubled, tripled, or even quadrupled? Check to see if your employer offers a matching gift program! <Your Double the Donation URL>
  2. What do Microsoft, Bank of America, IBM, and Verizon all have in common? Each one matches donations made by their employees’ to nonprofit organizations. This means that if you donate, or have donated to <Your Organization’s Name>, and work for one of these four companies, the company will double your donation. Many major employers offer similar programs. Search <Your Double the Donation URL> to find out if your employer offers something like this, as well as to access program guidelines, how-to instructions, and relevant forms. Thanks in advance for taking five minutes to double your donation!
  3. A huge thanks to all of our donors, and a double thanks to those who submit matching fund requests from their employers! Does your employer offer a program like this? Check today! <Your Double the Donation URL>Matching Donation Banner Ad
  4. Help us <Your Organization’s Mission>. Ask your employer to match, double, or even triple your donation today! Check out your organization’s matching gift options here: <Your Double the Donation URL>
  5. We like to brag that our donors are the best. Not only do they contribute to us, but they also take the extra step to see if their employer offers a matching gift program that may double the total donation to our organization! Have you checked to see if your company offers a matching gift option? Thanks for being a super donor if so! Check here to see if your company has a program like this: <Your Double the Donation URL>

For more information on how to use social media to market matching gift programs, check out some additional social media ideas.

Utilizing Matching Gift Programs

Do you work at a nonprofit? If so, take a look at Double the Donation’s matching gift service.

We work with nonprofits across the country to help them increase fundraising from employee matching gift and volunteer grant programs. For many nonprofits, it can be a challenge to track where employees work and communicate out matching gift information to donors.

Let Double the Donation do the hard work of maintaining accurate records of companies which offer employee giving programs. Set up a custom website today which your nonprofit can use to raise more money from employee giving programs.

Small Companies Matching Gifts

Five Companies Providing Volunteer Grants when Retirees Volunteer

If your organization has a large number of volunteers, you’ve probably received volunteer grants, also known as Dollar for Doer grants.

Not familiar with volunteer grant programs?
Check out this article which outlines the basics of volunteer grant programs. It also provides an overview on how organizations can benefit from this source of corporate giving.

At Double the Donation, we help nonprofits raise more money from employee matching gift and volunteer grant programs. While we recognize that many company programs are geared exclusively towards current employees, some companies extend their grant programs to retirees who volunteer on a regular basis.

Five Companies which Provide Grants when Retirees Volunteer

Bank of AmericaBank of America Retiree Volunteer Grants

Bank of America offers both a matching gift and volunteer grant program. Through Bank of America’s dollars for doers program, the bank offers the following two different thresholds of volunteer grants:

  • 50 volunteer hours = $250 grant
  • 100 volunteer hours = $500 grant

Learn more about Bank of America’s Volunteer Grant Program.

ConocoPhillipsVolunteer Grants for ConocoPhillips Employees and Retirees

Like many other energy providers, ConocoPhillips offers generous employee giving programs. In addition to the ConocoPhillip’s matching gift program, the company also provides donations to nonprofits where employees volunteer on a regular basis. ConocoPhillips also offers two different levels of volunteer grants:

  • 20 volunteer hours = $500 grants
  • 40 volunteer hours = $1,000 grants

Learn more about ConocoPhillips’ Volunteer Grant Program.

Prudential

In addition to matching up to $5,000 of each employee’s donations, Prudential also offers grants when employees volunteer on a regular basis.

Specific grant amounts vary between $250-$1,000 and are based upon the number of hours and type of volunteer work performed. Each employee must volunteer for a minimum of 40 hours before being eligible for a volunteer grant.

Learn more about Prudential’s Volunteer Grant Program.

Alliant EnergyAlliant Energy Grants for Employee and Retiree Volunteerism

Through Alliant Energy’s Volunteer Program, the company recognizes personal volunteerism performed by employees and retirees by providing grants to the nonprofit. The company has three different volunteer grant thresholds:

  • 50-149 volunteer hours = $100 grants
  • 150- 199 volunteer hours =  $300 grants
  • 200+ volunteer hours = $400 grants

Learn more about Alliant Energy’s Volunteer Grant Program.

ExxonMobilVolunteer Grants for ExxonMobil Employees and Retirees

In addition to ExxonMobil’s generous matching gift program to higher education and arts & cultural organizations, Exxon Mobil also offers two types of volunteer grant programs:

ExxonMobil Individual Volunteer Grants

  • 20 volunteer hours = $500 grants
  • 40 volunteer hours = $1,000 grants
  • 60 volunteer hours = $1,500 grants
  • 80 volunteer hours = $2,000 grants

Spouses and dependent children (ages 12-25) of both employees and retirees are also eligible to participate and request volunteer grants for their volunteer hours.

ExxonMobil Team Volunteer Grants

A $500 grant is awarded to nonprofit organizations when a team of at least five ExxonMobil employees and retirees volunteer together for at least 20 combined hours. Click here to read about other companies providing grants when groups of employees volunteer.

Learn more about Exxon Mobil’s Volunteer Grant Program.

We also encourage you to explore Double the Donation’s matching gift and volunteer grant service to see if it can help your nonprofit raise more money from employee giving programs.