Many nonprofit organizations have a Board of Directors that make annual monetary contributions. Did you know that certain companies offer bonus matches or higher ratios and limits on matching gifts if their employees serve on nonprofit boards?
Here are some of these companies that offer higher limits on matching gifts from board members:
U.S. Companies Corporate Giving Policies
US Bancorp/US Bank
US Bancorp is the parent company of U.S. Bank National Association (based in Minneapolis, Minnesota), ranked the fifth largest bank in the U.S. based on assets ($364 billion), and fourth largest based on total branches. The company employs over 64,000 people.
US Bancorp/US Bank Matching Gift Policy
US Bank offers a 1:1 matching ratio of gifts up to $1,000 by all employees. When a board member makes a donation, this limit is raised to $3,000 (still a 1:1 match ratio). US Bank matches donations to most nonprofit organizations.
WestRock is an American packaging company based in Richmond, Virginia. It has approximately 23,000 employees.
WestRock Matching Gift Policy
WestRock matches all employee donations up to $2,500 to education institutions (K-12 included). It also matches donations from employees who serve on the board of directors (or other governing body) of the organization to which the contribution is being made.
Dominion Resources, Inc. (aka Dominion), is a power and energy company headquartered in Richmond, Virginia that supplies electricity in parts of Virginia and North Carolina, and supplies natural gas to parts of West Virginia, Ohio, Pennsylvania, and eastern North Carolina. As of 2012, Dominion employed 15,500 people.
Dominion Matching Gift Policy
When Dominion employees or retirees serve on the board of directors for a nonprofit organization, Dominion will make a 2:1 match up to $2,500. So, if the employee donated $2,500, Dominion will make a $5,000 donation, totaling $7,500!
PNM Resources, headquartered in Albuquerque, New Mexico, serves electricity to 498,000 homes and business in northern New Mexico and parts of west Texas. PNM employs about 2,000 people.
PNM’s Volunteer Grant Program
PNM provides 3 different levels of monetary grants for volunteer service provided by an employee:
For every 12 volunteer hours donated, PNM will provide a $100 donation to an eligible nonprofit organization.
For every 25 volunteer hours, PNM will provide a $300 donation.
If an employee volunteers at least 25 hours AND serves on the nonprofit’s board of directors, PNM will provide a $500 donation.
With 4,500 employees, Blue Shield of California is based in San Francisco. It is a nonprofit health plan provider that serves more than 3.4 million health plan members and almost 65,000 physicians across California.
BSOC Volunteer Grant Program
Healthcare Organizations:
When a BSOC employee volunteers at a healthcare organization and makes a monetary donation up to $3,000, BSOC will match the donation at a 2:1 ratio, effectively making the total donation $9,000! When a BSOC employee serves on the nonprofit’s organization governing board and makes a monetary donation up to $5,000, BSOC will also match the donation at a 2:1 ratio, totaling $15,000!
Civic and Community Organizations:
BSOC employee volunteers at civic and community organizations can have donations of $1,500 matched at a 1:1 ratio. BSOC employee volunteers who are on the governing body of these organizations can have donations up to $2,500 matched at a 1:1 ratio.
Schneider Electric is a France-based multinational corporation with nearly 10 U.S. business acquisitions that specializes in electricity distribution and automation management. It employs more than 152,000 people as of 2012.
Schneider Electric Matching Gift Policy
Schneider Electric, Square D NOAD & its subsidiaries provide a 1:1 match on all donations up to $10,000! If an employee is also an active member of a nonprofit organization’s board of directors, the match ratio is increased to a 1.5:1 ratio (that would total a $25,000 donation for a board member!)
Takeda is the largest pharmaceutical company in Japan and Asia, boasting 30,000 employees worldwide. It is focused on metabolic disorders, gastroenterology, neurology, and inflammation. Despite being headquartered in Osaka, Japan, Fortune Magazine ranked the Takeda Oncology Company as one the 100 best companies to work for in the United States in January 2012.
Takeda Volunteer Grant Program
When an employee of Takeda Pharmaceuticals serves on the board of directors for eligible nonprofit organizations, said employee can request a $2,500 volunteer grant for the organization.
Novartis is a Swiss multinational pharmaceutical company based in Basel, Switzerland. In 2010 it ranked number two among the worldwide pharmaceutical industry in sales ($46.8 billion). Novartis employs nearly 120,000 people.
Novartis Volunteer Grant Program
Novartis offers three types of volunteer grants:
Individual Volunteer Grants: employees who volunteer at least 40 hours with an eligible nonprofit organization can request a $250 volunteer grant.
Board Service Grants: employees who serve on the board of directors of an eligible organization can request a $750 volunteer grant after one year of board service. These grants are renewable every year for up to three years.
Team Volunteer Grants: when five or more employees volunteer as a team on a special project for an eligible nonprofit, Novartis will donate $500 to the organization. (This is exclusive of Community Partnership Day.)
https://doublethedonation.com/wp-content/uploads/2022/05/Untitled-design.png321845Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2014-02-13 14:35:232023-09-12 16:44:20Volunteer Grants and Matching Gifts from Board Members of Nonprofits
Volunteer grants for retirees are one of the most overlooked sources of fundraising for nonprofits. But given that retirees are the most committed volunteers for many organizations, there’s value in promoting volunteer grants to these supporters.
At Double the Donation, we help nonprofits raise more money from employee matching gift and volunteer grant programs. While we’re the first to admit that many company programs are geared exclusively towards current employees, some companies extend their grant programs to retirees who volunteer on a regular basis.
Companies with Volunteer Grant Programs for Retirees
Chevron:
Like most major oil and gas producers, Chevron has generous employee giving programs. One aspect that differentiates the company from its peers is that its matching gift and volunteer grants are not limited to current employees. Retirees are also eligible to submit grant requests for much of their philanthropic giving.
Each employee or retiree who volunteers for at least 20 hours in a year can request a grant for $500. At $25 per hour, that makes Chevron’s volunteer grant program one of the top ones in the world. And to make it even better, each individual can request up to two grants (either for the same organization or different organizations) for a total of $1,000 annually.
PNM Resources, which stands for Public Service Company of New Mexico, is an energy holding company headquartered in Albuquerque, New Mexico. The company owns both PNM and Texas-New Mexico Power (TNMP). As a long-time employer in both markets, the company has a strong passion for giving back.
In addition to PNM Resources’ matching gift program, the company also encourages employees and retirees to volunteer with nonprofit organizations by providing financial grants to the organizations as a way to recognize volunteerism. There are three tiers of grants:
12 volunteer hours = $100 grant
25 volunteer hours = $200 grant
25 volunteer hours and employee or retiree serves on the board of directors = $500 grant
As one of the nation’s largest insurers, Aetna has a presence in nearly all states. Given its size and scope, it’s great to hear that the company offers multiple employee giving programs.
In addition to Aetna’s matching gift program where the company matches donations to nearly any nonprofit, Aetna also provides grants to nonprofits when active employees and retirees volunteer. Once an individual volunteers for at least 20 hours, Aetna will provide a $300 grant to the nonprofit where the employee or retiree volunteered. Coming out to $15 per hour, Aetna’s program is on the upper end of volunteer grant rates!
Not many companies provide volunteer grants of $1,000 but Pfizer is one of them. In addition to matching up to $5,000 in employee donations at a 1:1 ratio and matching retiree contributions at a 50% ratio, the company also is a huge advocate for ongoing volunteerism.
At the heart of Pfizer’s volunteer grant program is a goal of encouraging regular and long-term volunteerism. Pfizer provides $1,000 grants to nonprofits where employees and retirees volunteer as long as the following requirements are met:
Volunteer for at least 6 month
Serve an average of six hours per month for a total of 72 hours in a calendar year
As one of the largest and most respected companies in the world, it’s no surprise that IBM also excels in the corporate philanthropy space. In addition to providing matching gifts to thousands of organizations which employees donate to each year, International Business Machines also offers multiple forms of volunteer grants for both current employees and retirees.
Specifics vary, but IBM employees and retirees who volunteer for a minimum of eight hours a month for five months can apply for cash grants of up to $1,000 or technology grants worth up to $3,500 for their favorite nonprofit.
https://doublethedonation.com/wp-content/uploads/2022/05/doing-corporate-philanthropy-right.png321845Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2013-09-08 13:37:042024-07-09 13:07:04Have Retirees who Volunteer? Receive Grants from their Former Employers!
Over the past few months we published multiple lists of companies which provide volunteer grants of more than $15 per hour.
Campbell Soup Company
The Campbell Soup Company provides volunteer grants worth $20 per hour. For every 25 hours which an employee volunteers, the company will provide a $500 grant. Employees can apply for multiple grants each year.
The Campbell Soup Company also matches employee donations to educational institutions.
Through the company’s Grant Incentives for Volunteer Efforts (GIVE) program, the company provides volunteer grants of $15 per hour up to $3,000 annually. The program is open to U.S. and Canadian employees as well as their spouses.
AMD also offers Team Development Grants. When teams of five or more AMD employees volunteer together, they can apply for an additional $500 grant. Click here to learn about similar companies which offer team volunteer grants.
AMD also matches donations made to most nonprofits so the impact of employee contributions is doubled.
Levi Strauss provides volunteer grants of $20 per hour. Employees are required to volunteer for a minimum of 10 hours before they can request a volunteer grant. Above 10 hours, there are the following tiers multiple tiers:
10 hours = $200 grant (minimum)
20 hours = $400 grant
40 hours = $800 grant
80 hours = $1200 grant
100 hours = $1600 grant
120 hours = $2000 grant
140 hours = $2400 grant (maximum)
Levi Strauss also matches donations to almost all nonprofit organizations.
Peabody Energy not only matches employee donations to nearly all nonprofits dollar for dollar, but the company also provides volunteer grants worth $25 per hour up to $1,000 per employee annually. There are four thresholds which employees can meet:
10 hours = $250 grant
20 hours = $500 grant
30 hours = $750 grant
40 hours = $1000 grant
Through Symantec’s Dollars for Doers program, Symantec encourages employees to volunteer on a regular basis by offering grants of $15 per volunteer hour. Symantec provides up to $1,000 in volunteer grants per employee each year.
Additionally, the company also matches donations up to $1,000 per employee each year.
Hospital Corporation of America offers multiple types of volunteer grants for employees who volunteer in their communities.
Through HCA’s Dollars for Board Service, HCA provides $500 grants when an employee serves on a nonprofit’s board.
Through HCA’s Dollars for Doers program, HCA awards $500 grants to nonprofits when an employee volunteers for at least 25 hours.
Through the Team HCA Project, the company is willing to provide up to $500 in funding for materials when a group of HCA employees volunteer together with a nonprofit.
As an added bonus, the top ten nonprofits based on the total number of volunteer hours registered receive a $1,000 bonus grant each year.
FBR’s Giving Incentives for Volunteer Efforts (GIVE) Program provides FBR Capital with an opportunity to show its support for the volunteer activities of its employees. For every hour that an employee volunteers at a non-profit organization, FBR will donate $20 to that organization up to 50 hours or $1,000 per year.
FBR Capital also matches employee donations up to $1,000 annually at a dollar for dollar ratio. Any donations above $1,000 are eligible for the company’s incentive match program where the company provides a 10% match.
SAP supplements the contributions of SAP employees who volunteer their time to
nonprofit organizations with monetary grants. The grant per hour varies based upon the role the employee plays. The three levels are:
Level 1: If you serve on a nonprofit board, your time is matched with a $20 grant per hour.
Level 2: If you provide hands-on volunteer service, your time is matched with a $40 grant per hour volunteered.
Level 3: If you provide emergency services, your time is matched with a $60 grant per volunteer hour.
In addition to the volunteer grants, through SAP’s Dollars for Dollars (SAP$4$) Program, the company matches employee donations to nearly every nonprofit.
There is a $10,000 combined limit for both SAP’s Dollars for Dollars and Dollars for Doers programs.
https://doublethedonation.com/wp-content/uploads/2022/05/doing-corporate-philanthropy-right.png321845Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2013-04-18 15:53:022023-09-11 17:32:0711 More Companies with Volunteer Grants Greater Than $15/hour
Volunteer grants (which are also commonly referred to as Dollars for Doers programs) are one of the most popular forms of corporate giving. Unlike matching gift initiatives, in which corporations match monetary donations from their employees, volunteer grant programs match employees’ donated time with corporate funds.
This is an excellent way to secure financial support through volunteerism, and the revenue offered through the programs can add up quickly. In fact, according to our corporate volunteer statistics, 80% of companies with volunteer grant programs provide between $8 and $15 per hour an employee volunteers. However, there are many businesses offering above and beyond that range—and we’ve compiled a list of some standout examples for you here.
So, without further ado, here are seventeen companies that have truly embraced Dollars for Doers programs with particularly generous grant amounts.
P.S. Looking for information on even more lucrative volunteer opportunities? Skip to our bonus section to find out how a volunteer grant database can help!
Travelers Companies
Travelers Companies offers two distinct types of employee giving programs. These include:
Matching Gifts of Money
Matching Gifts of Time
Through the “Matching Gifts of Money” program, the company doubles donations made by employees to nearly all nonprofits.
Through the “Matching Gifts of Time” program, however (also known as the Volunteer Rewards Program), the company will direct a $1,000 grant to a nonprofit organization with which an employee has regularly volunteered.
As a way to inspire employees to give back, Kimberly-Clark matches donations to nearly all nonprofits up to $10,000 per team member per year. In addition, the Kimberly-Clark Foundation also recognizes the volunteer efforts of employees and their spouses or domestic partners.
Through its volunteer grant program, the company provides $500 grants to nonprofits where employees (and/or their spouses or domestic partners) volunteer for at least 30 hours in a year. This equates to approximately $17 per hour!
Through PNC Financial Service Group’s “Grow up Great” or “Grants for Great Hours” volunteer program, employees who contribute a minimum of 40 hours with a nonprofit can earn a grant of $1,000 for the organization (which equates to $25 per hour). Meanwhile, teams of PNC employees can also volunteer together to unlock grants worth up to $3,000!
Not to mention, PNC offers a matching gift program through which the company matches financial donations dollar-for-dollar to nearly any nonprofit or school.
The Amgen Foundation supports volunteer efforts by providing grants to the organizations where employees volunteer. With a minimum requirement of only 1 hour, employees can quickly request grants from the company worth $25 for every hour they spend with an organization.
Full-time employees are eligible for up to $2,000 annually in grants, while part-time staff are limited to $1,000 each year.
PPG Industries offers one of the most generous volunteer grant programs. Through the company’s “Grant Incentives for Volunteerism by PPG Employees & Retirees (GIVE)” program, an employee or retiree can request a $500 grant for an organization once they’ve volunteered for a total of 10 hours. That’s $50 per hour!
As an added bonus, if an individual also serves on the nonprofit’s board of directors, the company will double the grant and award $1,000 to the nonprofit (or $100 per volunteer hour).
Whereas most companies base volunteer grant funding on the number of hours an employee volunteers in a full year, Devon Energy provides grants for volunteering across shorter time periods.
Specifically, the company offers two ways employees can request volunteer grants for their organizations:
Completing six hours of volunteering per month for two months.
Completing three hours of volunteering per month for four months.
Either way, the grant amount comes out to $250 for a total of 12 volunteer hours, which is equivalent to nearly $21 per hour.
Soros Fund Management offers a generous volunteer grant program, with grant amounts being paid out according to a tiered structure. Here’s how it works:
20-39 volunteer hours = $1,000 grants
40-59 hours = $2,000 grants
60-79 hours = $3,000 grants
80 or more hours = $4,000 grants
While it will vary depending on the specific tier an individual reaches, the company’s volunteer grants are generally equivalent to $25 to $50 per hour volunteered.
Additionally, the company offers a standout matching gift program that triples employee donations, with a particularly high maximum donation amount of $100,000!
Through Chevron’s “Grant for Good” program, the company provides grants as a way to recognize employees who volunteer on a regular basis. After employees volunteer for 20 hours with a single nonprofit, the organization can receive a $500 grant. Each employee—or retiree—is eligible to obtain two $500 grants per calendar year for a total of $1,000, whether for a single nonprofit or split between two different organizations.
Meanwhile, Chevron also doubles donations made by employees and retirees through the company’s Humankind Program, or matching gift initiative.
Pfizer, Inc. encourages regular volunteerism among employees and retirees. In order to do so, the company provides generous volunteer grants to the organizations where employees volunteer. After an individual volunteers for six hours per month for six consecutive months (a total of 36 hours), they’re encouraged to submit a request for a $1,000 grant. That comes out to nearly $28 per hour!
Not to mention, the company also matches donations made by employees and retirees up to $5,000 annually.
ConocoPhillips supports its employees’ volunteer efforts through a multi-faceted volunteer grant program that provides monetary contributions to nonprofit organizations where team members volunteer. This initiative aligns with the company’s ongoing commitment to community involvement and enhancing employee engagement—all while giving back.
There are two types of volunteer funds that ConocoPhillips employees can request: individual and team grants. Individuals are encouraged to request grants worth $500 after 20 hours of volunteer service, while groups of four or more can unlock grants of $1,000 upon reaching a total of 40 hours.
Microsoft is known for its robust employee giving program, which includes a volunteer grant element. For every hour an employee volunteers, Microsoft donates $25 to the respective nonprofit organization. This program incentivizes employees to engage in their communities, helping support causes they care about while also furthering Microsoft’s corporate responsibility objectives.
RealNetworks provides a generous volunteer grant program that allows employees to earn funds for nonprofits based on their volunteer hours. When an employee reaches four hours of volunteering with a nonprofit cause, the company will provide a grant worth $25 per hour.
RealNetworks also matches employees’ financial donations at a 2:1 rate, offering up to $15,000 per year.
Allstate’s Helping Hands volunteer program offers volunteer grants for employees actively participating in community service. When employees complete a minimum of 8 volunteer hours, Allstate awards grants of $500 to the organizations where they volunteered.
Each employee can request up to two $500 grants each year for a total of $1,000 (or $62.50 per hour).
Apple’s volunteer grant program allows employees to support nonprofits with their time while securing funding for these organizations. For every hour an employee volunteers, Apple provides a monetary grant worth $25, incentivizing employee participation in community service.
In addition, the company also offers matching gifts for employee donations of up to $10,000!
ExxonMobil offers an extensive volunteer grant program designed to support employees who commit time to nonprofit organizations. Employees who volunteer 20 hours or more with a qualifying organization can request a $500 grant (or up to four each year), which ExxonMobil provides to the nonprofit.
Additionally, the company offers a Team Volunteer Involvement Program that awards grants when five or more eligible employees volunteer for a combined total of at least 20 hours.
CVS Health’s volunteer grant offering encourages employees to give back by providing monetary donations to nonprofits where they volunteer. Today, the company offers several programs through which it gives—and encourages its employees to do the same. These include individual volunteer challenge grants, individual fundraising matches, team volunteer challenge grants, and team fundraising matches.
For individuals, all they have to do is volunteer for a minimum of 15 hours to unlock grants worth $500, $1,000, or $1,500!
Kohl’s volunteer grant program (called “Associates in Action”) empowers its staff to support community organizations through individual and team-based volunteerism. Employees are required only to volunteer for a single hour in order to unlock a grant, and volunteer grants are worth $25 per hour volunteered.
While the company focuses its giving initiatives on hospitals and other youth-serving organizations, nearly any registered organization is eligible to receive funding through the program.
Bonus: How a Volunteer Grant Database Uncovers Even More Lucrative Opportunities
A volunteer grant database provides a centralized hub for organizations to explore and identify companies within their networks that offer volunteer grants.
Such a solution generally includes details on eligibility requirements, payout structures, and volunteer hour thresholds, making it easier than ever for supporters to get involved. Thus, for nonprofits aiming to fully leverage corporate volunteer grants, an extensive database is an invaluable resource.
A volunteer begins typing their employer’s name in an auto-completing search tool.
The individual selects the appropriate company from the populated suggestions.
The database tool immediately provides company-specific information on available volunteer grant programs (as well as matching gifts, VTO, and other workplace giving programs). Generally, this includes the minimum number of hours required for a grant, the corporate donation amount, submission deadlines, and request forms.
The individual follows the provided instructions to complete a volunteer grant request for their employing company on your behalf.
From there, the company will review the request and, if approved, disperse the appropriate funds to your cause.
With access to this comprehensive information, nonprofits can proactively engage supporters who work at companies with generous grant programs, maximizing both volunteer involvement and financial support. Not to mention, by using a volunteer grant database, organizations can streamline their outreach, encourage eligible volunteers to log their hours, and ultimately unlock more funds to fuel their missions.
Wrapping Up & Additional Resources
Each of these programs has embraced employee giving by offering grants above and beyond corporate or industry averages. While the participating companies may benefit from increased employee engagement and enhanced CSR, your nonprofit can reap significant rewards as well.
After all, Dollar for Doer programs are a chance to double dip. You can earn monetary grants along with benefiting from the assistance volunteers provide your cause. Just make sure your nonprofit is encouraging volunteers to log their volunteer hours and submit the appropriate grant requests to their employers!
Interested in learning more about volunteer grants and other workplace giving opportunities? Check out the following resources:
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 America
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:
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:
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.
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:
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.
US Bancorp/US Bank
US Bancorp/US Bank
Dominion Resources, Inc.
Dominion Resources, Inc.
Blue Shield of California
Blue Shield of California
Schneider Electric, Square D NOAD & Subsidiaries
Schneider Electric, Square D NOAD & Subsidiaries
Takeda Pharmaceuticals Inc.
Takeda Pharmaceuticals Inc.
Novartis International AG
Novartis International AG
