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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.

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.

Washington DC Matching GIfts

Washington, DC Companies which Match Employee Donation

As the nation’s capital, Washington D.C. has a large variety of non-profits and corporate offices. Consequently, there are numerous opportunities for non-profits to take advantage of matching gift programs and volunteer grants.

Statistics on DC Matching Gift Companies

From a non-profit’s standpoint, DC is one of the best cities to headquarter. The presence of the Federal government allows for major funding opportunities for a variety of organizations.

  • There are over 4,100 non-profits in the DC area, a number that continues to grow each year
  • According to National Center for Charitable Statistics, non-profits in the metropolitan area bring in over fifteen billion dollars annually from private donations and government grants

Companies in DC with Matching Gift Programs

There are a number of Fortune 500 companies with offices in the District that offer matching gift programs.

Fannie Mae

fannie-mae-matching-gifts

Fannie Mae, the financial services company, is one of the largest employers in the District that offers a matching gift program. They provide up to $2,500 in matching gift funds for all non-profits for part-time employees, full-time employees, and spouses.

Additionally, they provide volunteer grants up to $500 for 100 hours of volunteer service, which sets it apart from other corporations.

Learn more about Fannie Mae’s employee giving programs.

Verizon

verizon-matching-gifts-program

Verizon is another large company in the DC area. They offer a matching gift program that provides up to $5,000 for any education-related non-profit and up to $1,000 for other types of non-profits. The matching gift program is available to all current and former employees.

Verizon also offers volunteer grants of up to $750 for employees who volunteer for a total of 50 hours.

Learn more about Verizon’s employee giving programs.

Booz Allen Hamilton Consulting

booz-allen-hamilton-matching-gifts-program

Booz Allen is another company headquartered in DC. They do not donate matching funds like similar companies in the area, but instead give larger volunteer grants when Booz Allen Hamilton employees volunteer. For 40 hours of employee volunteerism they will give $500, and for 80 hours of volunteer service a nonprofit can receive $1,000.

Learn more about Booz Allen Hamilton’s volunteer grant program.

Graham Holdings Company (Washington Post/Kaplan)washington-post-matching-gifts

Graham Holdings Company supports wide variety of charitable organizations, specifically organizations related to:

  • Civic and Community Services
  • Health and Human Services
  • Education
  • Culture and Art

Graham Holdings has a matching gift program in place, which will match a minimum of $25 and a maximum of $2,000 per employee per year. The company matches at a 1:1 ratio for nonprofits and a 2:1 ratio for educational institutions and organizations where employees are regular volunteers.

Learn more about Graham Holdings Company’s employee giving programs.

GEICO

geico-matching-giftsGEICO, one of the largest companies located in the Washington, DC region, has a matching gift program in which the company will match a minimum of $25 and a maximum of $500 per employee per year at a 1:1 ratio. The company will match up to $5,000 per employee per year at a 2:1 ratio when they donate to educational institutions.

Learn more about GEICO’s matching gift program.

Additional DC Matching Gift Companies

These are only a handful of the companies within the DC area that offer matching gift grants. There are many more to choose from with different matching gift and volunteer grant opportunities. So please, share this with your offices and coworkers to achieve the most amount of money for your non-profit of choice or take a tour of Double the Donation’s matching gift and volunteer grant service!

Cary Matching Gifts

Raleigh, North Carolina can Double Donations with this List of Companies with Matching Gift Programs

Double the Donation receives requests from nonprofits across the country asking about corporate matching gifts in their area. We decided to create a list of some of those companies in the Raleigh, NC that offer these programs. Nonprofits can double their donations from donors who work for companies offering matching gifts.

List of Companies in Raleigh with Matching Gifts

State capitals are always certain have a large Fortune 500 presence, and many of these companies offer employee giving programs. It’s essential that nonprofits take advantage of these programs, while taking the time to educate their development staff on the benefits of matching gifts.

Check out these companies with a presence in Raleigh and be sure to inform your donors about the benefits of corporate matching gifts.

Caterpillarcat

Caterpillar Inc. will match donations up to $2,000 for every employee. Not all institutions are eligible, however.

Read more about the Caterpillar Inc. matching gift program.

John Deeredeere

John Deere & Company will match employee gifts between $50 and $1,000. At one point the company only matched donations to institutions of higher education but since 2014 rolled out an enhanced matching gift program where John Deere will now match donations to a wide range of 501(c)(3) nonprofits including but not limited to:

  • Higher education
  • K-12 schools
  • Arts and cultural organizations
  • Environmental groups
  • Civic and community groups
  • Health and human service organizations

Read more about the John Deere matching gift program.

Kellogg’skelloggs-logo

Kellogg’s is a nationally recognized brand with employees across the country. The Kellogg company previously match donations on a .5:1 ratio up to $10,000 a year until the middle of 2013. At that time Kellogg’s ended its matching gift program and rolled out its Kellogg’s Cares program.

Through Kellogg’s Cares, the company provides volunteer grants to organizations where employees and retirees volunteer on a regular basis.

Kellogg provides a $100 donation to organizations where an employee or retiree volunteers a minimum of 10 hours during a 12-month period. Each individual is eligible to request up to $500 per year.

Read more about the Kellogg’s Company volunteer grant program.

LexisNexisimages

LexisNexis will match up to $250 a year to most charitable organizations. Part-time employees are eligible.

Read more about the LexisNexis employee giving 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.

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?

New York Matching Gifts

New York Companies with Matching Gift Programs

Since Double the Donation’s nonprofits clients come from across the country, we thought it would be beneficial to highlight a few select matching gift companies in key markets. New York City is the most populated metropolitan area in the country so we decided to highlight this city first.

Like most major markets, New York is home to many large employers who offer matching gift programs. With 45 Fortune 500 companies calling New York home, many employees in the New York metropolitan area work for companies with matching gift or volunteer grant program. Is your organization tapping into this source of corporate giving?

Statistics on New York Matching Gift Companies

If you dig into your organization’s database of corporate donors from the past few years, you’ll notice you received matching gifts from a variety of companies. Some are probably headquartered in your area while others may have a much smaller presence. Here are a few statistics on the New York market that may interest you:

  • 45 Fortune 500 companies call New York home.
  • 90% of Fortune 500 companies have a presence in New York
  • 65% of Fortune 500 companies match donations made by their employees
  • 40% of Fortune 500 companies offer volunteer grants for employees

Companies in New York with Matching Gift ProgramsTop 10 Fortune 500 Companies in NY: Matching Gift Companies Highlighted

While it’s impossible to dive into details on all of the companies in New York which offer matching gift programs, let’s take a look at some of the area’s largest employers.

Based on the recently published Fortune 500 list, Verizon (#15), JPMorgan Chase (#16), and IBM (#19)  are the three largest companies headquartered in NY and all three offer employee giving programs.

 

Verizon

Verizon Matching GiftsVerizon offers both a matching gift and volunteer grant program for employees. The company matches up to $5,000 to schools and $1,000 to all other nonprofits per employee each year.

Additionally, through the Verizon Volunteer Incentive Program, employees who volunteer for 50 hours in a calendar year can request a $750 grant for an organization.

Learn more about Verizon’s employee giving programs.

JPMorgan Chasejp-morgan-chase-matching-gifts

JPMorgan Chase offers both a matching gift and volunteer grant program. The company matches up to $1,000 per employee or retiree each year to pretty much any school or nonprofit.

The company also offers a tiered volunteer grant program where grants average $10 per hour volunteered. The grant amount varies based upon the number of hours an employee volunteers.

Learn more about JPMorgan Chase’s employee giving programs.

IBM

ibm-matching-giftsIBM also offers multiple types of employee giving programs. Not only does the company offer matching grants on donations and cash grants for volunteering, but IBM allows nonprofits to receive a significantly larger donation if the organization elects to receive IBM technology instead of cash.

For instance, IBM offers a 2:1 technology grant on employee donations which means if an IBM employee donates $500 to your organization, you can receive $1,000 in IBM equipment or $500 in cash.

Learn more about IBM’s employee giving programs.

American International Group (AIG)aig-matching-gifts

AIG focuses its philanthropic efforts on three main groups of giving:

  • Safety – auto safety, disease prevention, programs that help prevent improper use of prescription drugs
  • Security – financial and educational programs that drive safety
  • Disaster Relief – including support of disaster preparedness and repair of infrastructure in the wake of a catastrophe

AIG has a matching gift program with a minimum match of $25 and a maximum of $5,000 per employee per year.

Learn more about AIG’s employee giving programs.

Philip Morris (Altria Group)

philip-morris-matching-giftsPhilip Morris gives back to its community by donating to organizations with a presence in the areas in which its employees live and work, as well as in the farming communities where it sources its tobacco. The company focuses its charitable giving in five areas in particular:

  1. Hunger and extreme poverty
  2. Education
  3. Rural living conditions
  4. Domestic violence
  5. Disaster relief

Philip Morris has a matching gift program in place where the minimum amount matched is $25 and the maximum amount matched is $30,000. It also has a volunteer grant program that allows a $500 grant to be given to an organization after an employee has volunteered a minimum of 25 hours at that organization.

Learn more about Philip Morris’ employee giving programs.

Other NY based Fortune 500 companies with employee matching gift and volunteer grant programs include:

Additional Resources: Matching Gift Companies in Metropolitan Areas

If you’re like most organizations, you probably aren’t maximizing fundraising from matching gift programs. A great place to start is making sure everyone in your organization is familiar with the largest employers in your area.

If you want to take it a step further, consider providing donors and volunteers with detailed information on their company / their spouse’s employer. By raising awareness and making it more convenient for them to submit the grants, you’ll see an increase in fundraising from these sources.

Bottom line: Many of New York’s leading employers match employee donations to nonprofits. Make sure everyone in your organization’s membership and development offices is familiar major employers in your area that match employee donations.