15 Companies That Offer Volunteer Grants for Retirees
Volunteer grant programs offer invaluable support to nonprofits, providing corporate funding as a result of team members’ volunteer hours with the organization. While the programs are often associated with employee volunteerism, the truth is that many companies’ retirees are also welcome to participate. That’s why in this post, we’ll spotlight several companies that offer volunteer grants for retirees, helping nonprofits maximize the impact of their volunteers’ contributions.
These include:
- Bank of America
- ConocoPhillips
- Prudential Financial
- Alliant Energy
- ExxonMobil
- Verizon
- McKesson Corporation
- Eli Lilly & Company
- Procter & Gamble
- Boeing
- Johnson & Johnson
- Intel Corporation
- Caterpillar Inc.
- Macy’s
- Sony Group Corporation
Ready to make the most of your retirees’ support for your cause? Let’s get started with the basics.
Why target companies that offer volunteer grants for retirees?
Retirees are some of the most dedicated and experienced volunteers, bringing years of knowledge, leadership, and skills to nonprofits. But beyond their time and expertise, they can also help unlock financial resources through corporate volunteer grant programs.
Here’s why nonprofits should actively target individuals from companies that offer these grants for their retired employees:
- Unlock Additional Funding – Volunteer grants provide a direct source of financial support for your nonprofit. Companies that offer these programs donate money based on the hours their retirees volunteer, effectively turning time into funding for your mission.
- Encourage Long-Term Engagement – Retirees often look for meaningful ways to stay involved in their communities. Knowing their volunteer hours can lead to additional financial support for your organization may inspire them to stay committed for the long term.
- Strengthen Relationships with Corporations– Engaging individuals from companies that offer volunteer grants for retirees can help nonprofits build stronger ties with those corporations. These connections can lead to additional funding opportunities, sponsorships, or partnerships in the future.
- Tap into a Skilled and Passionate Workforce – Many retirees bring valuable professional experience in areas like finance, marketing, education, and leadership. Encouraging their involvement not only enhances your volunteer base but also provides a pathway to support your nonprofit’s growth.
By actively seeking out and engaging retirees from companies with volunteer grant programs, nonprofits can strengthen their impact while securing valuable financial resources that help sustain and expand their mission.
How can a volunteer grant database help?
A volunteer grant database is a powerful tool that can help nonprofits streamline the process of identifying corporate volunteer grant opportunities. Instead of relying on word-of-mouth or manual research, organizations can use these databases to easily locate companies that support their volunteers with financial contributions.
Here’s how a volunteer grant database can be beneficial:
- Comprehensive and Up-to-Date Information – Volunteer grant databases compile information on hundreds of companies that offer these programs, including eligibility criteria, grant amounts, and application processes. This ensures nonprofits have access to accurate and up-to-date details without having to search for each company individually.
- Easier Identification of Retiree-Specific Grants – Some corporate volunteer grant programs extend beyond active employees to include retirees. A well-maintained database allows nonprofits to quickly filter and identify companies that specifically offer grants for retired volunteers, ensuring they don’t miss out on these funding opportunities.
- Streamlined Outreach to Volunteers – By having access to a list of companies that provide volunteer grants, nonprofits can proactively communicate with their volunteers and encourage them to check if they qualify. This makes it easier to engage retirees and other eligible volunteers in securing financial support.
- Increased Fundraising Potential – Since many companies have volunteer grant programs that go underutilized, a database helps nonprofits take advantage of these opportunities by ensuring they are aware of every possible grant their volunteers could unlock. This can lead to increased funding with minimal additional effort.
By leveraging a volunteer grant database, nonprofits can take a more strategic approach to securing funding through corporate programs. This ensures that both retirees and other eligible volunteers can make an even greater impact—both through their time and the financial support they help generate.
Bank of America’s Retiree-Friendly Volunteer Grant Program
Bank of America offers both a matching gift and a volunteer grant program. Through Bank of America’s Dollars for Doers program, the bank offers the following thresholds of volunteer grants for current employees and retirees alike:
- 50 volunteer hours = $500 grant
- 100 volunteer hours = $1,000 grant
Learn more about Bank of America’s Volunteer Grant Program.
ConocoPhillips’ Retiree-Friendly Volunteer Grant Program
Like many other energy providers, ConocoPhillips offers generous employee giving programs. In addition to ConocoPhillip’s matching gift initiative, the company also provides donations to nonprofits where employees volunteer on a regular basis.
Within this program, ConocoPhillips currently offers two different levels of volunteer grants:
- 20 volunteer hours = $500 grants
- 40 volunteer hours = $1,000 grants
Plus, when groups of four or more ConocoPhillips staff or retirees volunteer together, ConocoPhillips provides a team volunteer grant of $1,000.
Learn more about ConocoPhillips’ Volunteer Grant Program.
Prudential Financial’s Retiree-Friendly Volunteer Grant Program
In addition to matching employee donations, Prudential also offers grants when employees volunteer on a regular basis.
Specific grant amounts vary between $250 and $1,000 and are based on the number of hours and type of volunteer work performed. Regardless, each employee (or retiree) must volunteer for a minimum of 40 hours before being eligible for a volunteer grant.
Learn more about Prudential’s Volunteer Grant Program.
Alliant Energy’s Retiree-Friendly Volunteer Grant Program
Through Alliant Energy’s Volunteer Program, the company recognizes personal volunteerism performed by employees and retirees by providing grants to nonprofits.
The company currently has four different volunteer grant thresholds:
- 50-99 hours = $100
- 100-149 hours = $200
- 150 -199 hours = $300
- 200+ hours = $400
Learn more about Alliant Energy’s Volunteer Grant Program.
ExxonMobil’s Retiree-Friendly Volunteer Grant Program
In order to maximize its employees’ and volunteers’ community impact, ExxonMobil 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.
Learn more about Exxon Mobil’s Volunteer Grant Program.
Verizon’s Retiree-Friendly Volunteer Grant Program
Verizon’s Volunteer Incentive Program (VIP) rewards eligible employees and retirees for their volunteer efforts by offering up to two grants per team member per calendar year.
Employees can earn a grant for every 50 hours of volunteer service with an eligible charity. However, each grant request must be submitted separately, and volunteer hours must be verified by the nonprofit organization.
Learn more about Verizon’s Volunteer Grant Program.
McKesson Corporation’s Retiree-Friendly Volunteer Grant Program
McKesson Corporation supports its retirees who give back to their communities by offering volunteer grants to eligible nonprofits. When an individual donates a minimum of ten hours to an organization, the company provides a generous volunteer grant to the cause!
Through this program, McKesson encourages continued engagement in charitable work, helping retirees amplify their impact on the causes they care about.
Learn more about McKesson’s Volunteer Grant Program.
Eli Lilly & Company’s Retiree-Friendly Volunteer Grant Program
Eli Lilly & Company values the contributions of its retirees and recognizes their dedication to volunteer service. The company offers grants to nonprofits where retirees dedicate their time, furthering its commitment to community support and social impact.
Learn more about Eli Lilly’s Volunteer Grant Program.
Procter & Gamble’s Retiree-Friendly Volunteer Grant Program
Procter & Gamble encourages its retirees to stay involved with charitable organizations by providing volunteer grants. This program enhances the support retirees provide to nonprofits, reinforcing P&G’s long-standing dedication to corporate social responsibility through volunteerism and beyond.
Learn more about Procter & Gamble’s Volunteer Grant Program.
Boeing’s Retiree-Friendly Volunteer Grant Program
Boeing recognizes the value of its retirees’ volunteer efforts and offers grants to eligible nonprofits where they serve. By providing this support, Boeing continues its tradition of investing in communities and encouraging civic engagement through programs like these:
Individual Volunteer Grants
Boeing offers volunteer grants to recognize employees who volunteer with nonprofit organizations. The company provides a generous grant for every 10 hours of volunteering, and employees must volunteer at least 10 hours to qualify for a volunteer grant.
Team Volunteer Grants
Boeing offers volunteer grants to recognize groups of employees who volunteer with nonprofit organizations. The gift is scaled by the number of employees who participate in the activity, meaning more volunteers = more funding!
Learn more about Boeing’s Volunteer Grant Program.
Johnson & Johnson’s Retiree-Friendly Volunteer Grant Program
Johnson & Johnson is committed to making a difference through volunteerism, including support for retirees who dedicate their time to charitable causes. In order to do so, the company offers volunteer grants to amplify the efforts of former employees and strengthen nonprofit organizations.
Learn more about Johnson & Johnson’s Volunteer Grant Program.
Intel Corporation’s Retiree-Friendly Volunteer Grant Program
Intel Corporation extends its commitment to community service by providing volunteer grants for employees and retirees who give their time to nonprofits.
This initiative helps retirees continue their philanthropic efforts while bringing additional resources to the organizations they support. And with an extremely low minimum hours threshold, it’s easy for Intel team members to get involved!
Learn more about Intel’s Volunteer Grant Program.
Caterpillar Inc.’s Retiree-Friendly Volunteer Grant Program
Caterpillar Inc. regularly encourages its retirees to stay engaged with their communities by offering generous volunteer grants. This program helps qualifying nonprofits benefit from both the time and financial support of current and former Caterpillar employees alike.
In order to participate, however, Caterpillar participants must record their volunteer hours and submit their match requests online by January 31 of the year following the one in which their volunteer service took place.
Learn more about Caterpillar’s Volunteer Grant Program.
Macy’s Retiree-Friendly Volunteer Grant Program
Macy’s supports the volunteer efforts of its retirees by providing grants to nonprofits where they serve. This program reinforces the company’s dedication to community involvement and charitable giving. Not to mention, it underscores the company’s commitment to the causes and organizations that matter to colleagues.
As a result, Macy’s, Inc. will contribute a generous financial grant to eligible 501(c)3 organizations that receive at least 100 hours of volunteering across Macy’s, Inc. over the course of a calendar year.
Learn more about Macy’s Volunteer Grant Program.
Sony Group Corporation’s Retiree-Friendly Volunteer Grant Program
Sony Group Corporation values the contributions of its retirees and offers volunteer grants to eligible nonprofits. This initiative allows retirees to further support the causes they care about, strengthening Sony’s commitment to social impact.
Learn more about Sony’s Volunteer Grant Program.
Wrapping Up & Additional Volunteer Grant Resources
Fortunately, your volunteer grant potential doesn’t diminish when an individual retires from a qualifying company. As you can see, many employers continue to extend their volunteer grant programs beyond a team member’s tenure at the business.
That said, retirees can make an incredible impact on your organization through their service and their volunteer grants. You just need to know who qualifies—and equip your team with the tools you need to follow up with companies that offer volunteer grants for retirees effectively.
Interested in learning more about powering your efforts with volunteer grants and other corporate programs? Check out these additional resources:
- Maximizing Impact With Corporate Volunteer Grant Programs. Get a complete overview of corporate volunteer grants with this comprehensive guide. Uncover tips for raising more through the programs here!
- Standout Strategies for Leveraging Corporate Volunteer Incentives. Tons of companies offer volunteer incentives for employees and retirees alike. This guide demonstrates how you can make the most of the programs.
- Top Volunteer Grant Companies Offering Dollars for Doers. Looking for even more companies that offer volunteer grants for retirees and employees alike? Check out this extensive list of industry-leading Dollars for Doers companies.
