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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.

Companies doing corporate philanthropy right

Why Do Companies Have Corporate Matching Programs?

People are usually told that if it’s too good to be true, it probably is. And even more people have that very same reaction when they’re told that their employers are willing to give out free money to a nonprofit of their choice.

But it is true, more and more companies are offering corporate matching programs. These programs will double, and sometimes triple or quadruple, an employee’s donation to a select nonprofit. Other times, companies will offer grants to a nonprofit if their employees volunteer their time at that organization.

There are a few reasons corporations give to charity. One of the most well known reasons is for tax purposes, but the benefits go much deeper.

Corporate Giving is Great for Branding

Google gives grants to improve water access in the developing world.

What is the biggest misconception people have about branding? That brands are logos and logos are brands. The way people perceive your company and its products goes much deeper than a logo. It’s influenced by previous interactions, by advertising, and by what people have read and know about the company.

Companies like Toms Shoes are well known for their one-for-one program that donates a pair of shoes to an impoverished child for every pair purchased. When consumers make the decision to buy a pair of Toms Shoes, they’re not just deciding on the shoe, or the Toms logo, their decision is heavily influenced by the ways that Toms has branded themselves as a leader in philanthropy. That means people feel good doing business with Toms, and will want to do business with them as much as possible.

But not every company needs to donate shoes to make a difference. We’ve recently spotlighted companies like Google for their robust spirit of philanthropy and the corporate mantra “Don’t Be Evil”. Consumers trust Google because they have a reputation for doing good. And trust goes a long way in business.

Companies everywhere are giving millions of dollars away to charity for one simple reason, it’s good for business.

Why Corporate Matching?

You may be wondering why companies wouldn’t just donate their entire giving budget to a few select charities.

For one, matching employee donations can forgo difficult vetting processes for charities. Companies don’t want to donate money to charities that are inefficient, corrupt, or have had major scandals. Matching employee donations puts the research burden on the employee. It also avoids debates about which nonprofits should receive funds by democratizing the process.

Matching donations also encourage employee philanthropy. Generous employees look good for overall company branding too. Microsoft, for instance, can boast that its employees raised over $1 billion dollars for charity since the inception of its giving program.

Matching also increases employee morale and retention. It’s easy to feel like a cog in a machine with no attachment to your workplace, but a company that takes interest in charities which its employees support is more likely to gain their respect as well.

Matching Gift and Volunteer Grant Newsletter Signup

Additional Resources on Matching Grant Programs

Want to learn more about matching grant programs and how they benefit your organization? Check out the following articles:

  1. Common Matching Gift Questions – Six of the most frequently asked questions about matching grant programs.
  2. Generous Matching Grant Programs – Ten companies which triple or quadruple employee donations.

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.

Seattle Matching Gifts

Companies with Matching Gift Programs in Seattle, Washington

Double the Donation works with nonprofits across the country to increase their fundraising through matching gift programs and corporate volunteer grants.

Donors who work for companies offering such programs can double, even triple their contributions to the nonprofit organization.

In this article, we take a look at some of the top companies in Seattle, Washington offering matching gift programs.

Seattle, Washington Matching Gifts:

Seattle is the largest city in the Pacific Northwest, with a population of around 4 million people. The city is home to the Seattle-Tacoma airport and the 8th largest port in the US, both of which are major hubs for trade.

Some of the nation’s most philanthropic Fortune 500 companies have a presence in Seattle. Additionally, even after moving its headquarters to Chicago, Boeing remains the largest private employer in the city.

Seattle has become a leader in sustainable, green living. Companies have taken notice and many employers in Seattle have become champions of corporate social responsibility. One way the largest companies are giving back to the community is with corporate matching gift programs.

Starbucksstarbucks

Starbucks opened its first shop over 40 years ago in Seattle, Washington. Since that point, Starbucks not only has become one of the world’s most recognizable brands but is also a corporate social responsibility champion.

Starbucks offers a matching gift program where the company matches up to $1,500 in donations per employee each year.

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

Read more about Starbucks’ matching gift program.

Microsoftdezeen_Microsoft-logo-3

As one of the most generous corporate philanthropists in not only Seattle but the world, it should come as no surprise that Microsoft offers a variety of employee giving programs.

Through its employee match program, the company doubles employee donations to nearly all nonprofits. Within the last two years, Microsoft has increased its matching gift maximum from an already impressive $12,000 to a tremendous $15,000.

To make things even better, Microsoft also has a volunteer grant program where the company donates $25 to organizations for every hour its employees volunteer and provides each new employee with a small grant to allocate to a nonprofit of his or her choosing.

Read more about Microsoft’s matching gift program.

Wells FargoWF

As a top Fortune 500 company, Wells Fargo & Company has a strong presence in Seattle and many other major US cities.

While Wells Fargo only matches donations to educational institutions, its $5,000 limit for each employee is still very generous. The minimum matched by Wells Fargo is $25.

Read more about the Wells Fargo matching gift program.

QuoteWizardQuoteWizard Matching Gifts

While Quote Wizard has only a little over 100 employees, it’s a well known company in Seattle. As a way of giving back it offers a matching gift program where donations are quadrupled (3:1 match).

Read more about QuoteWizard’s matching gift program.

Boeing

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

The company will match gifts between $25 and $6,000.

Boeing also provides grants to nonprofits where employees dedicate their time. For every 25 hours a Boeing employee volunteers he or she can request a $250 grant. Plus the company provides $100 grants as a way to recognize employees who participate in fundraising walks, bikes, and runs.

Read more about Boeing’s matching gift program.

Intermec FoundationIntermec Matching Gift Program

With a 5:1 match on donations from employees and directors, it’s safe to say the Intermec Foundation offers one of the most generous matching gift programs in the corporate world.

The Intermec Foundation will provide up to $75,000 in matching funds per employee per year and up to $150,000 in matching funds per director per year.

For example, let’s say an Intermec Foundation employee donates $2,000 to a nonprofit. Assuming the individual follows the easy process to submit a matching gift the Intermec Foundation will then provide a matching gift of an additional $10,000.

Eligible nonprofits include:

  • K-12 schools, colleges and universities (and related tax-exempt support organizations)
  • Organizations which are educational in nature
  • Arts or cultural programs, including without limitation museums
  • Health and human services organizations, including without limitation medical research

Read more about the Intermec Foundation’s matching gift program.

Liberty Mutual Group

liberty

The Liberty Mutual Group provides matching funds to select types of organizations during Give with Liberty, the company’s annual giving campaign.

Through online pledging and payroll deduction, Liberty Mutual matches 50 cents on every dollar that employees donate to a wide variety of social service nonprofits.

Read more about the Liberty Mutual Group’s matching gift program.

Alaska Airlines

alaska-air-matching-giftsAlaska Airlines shows its presence in the corporate giving world by working with nonprofit groups in the areas of health and human services, arts and cultural programs, as well as education, environmental, and civic organizations.

They will match gifts of a minimum of $50 and a maximum of $4,000.

Alaska Air also gives organizations volunteer grants of $10 per hour, up to $1,000, after an employee volunteers at that organization for a minimum of 5 hours.

Learn more about Alaska Air’s matching gift program.