Matching gifts can make a huge difference for nonprofits of all sizes, but too few organizations know about them or even how to begin tapping into corporate philanthropy. Explore the key matching gift statistics below to learn about the potential impact of this underutilized revenue source.
Key Matching Gift Statistics

Key Matching Gift Statistics

- An estimated $4 – $7 billion in matching gift funds goes unclaimed per year.
- 65% of Fortune 500 companies offer matching gift programs.
- Source: Double the Donation’s Review of Fortune 500 Companies’ Employee Giving Programs
- Over 26 million individuals work for companies with matching gift programs.
- Source: Real-time Analysis of employment figures for companies in Double the Donation’s matching gift database
- An estimated $2 – $3 billion is donated through matching gift programs annually.
- Source: Double the Donation’s projections based on company reported match figures and analysis of surveys
- Over the last three years, the percentage of Russell 1000 companies publicly disclosing that they offer employee matching gifts grew by 11.8%.
Potential Impact of Matching Gifts

- 84% of survey participants say they’re more likely to donate if a match is offered.
- Source: The Big-Give Research Initiative
- 11% of total corporate cash contributions to nonprofits are made through matching gift programs. Corporations donate a total of $26.0 billion to nonprofits each year.
- Source: CECP Giving in Numbers Report
- 1 in 3 donors indicate they’d give a larger gift if matching is applied to their donation.
- Source: The Big-Give Research Initiative
- Only 1.31% of individual contributions are matched at the average nonprofit organization.
- This is due to lack of awareness and lack of marketing. Incorporating Double the Donation’s matching gift automation like 360MatchPro can significantly grow matching gift revenue at nonprofits.
- Source: Double the Donation Database Analysis and Projections
Promoting Matching Gifts

- Without automation, there is a significant knowledge gap surrounding available matching gift programs and the donors who qualify for them.
- 78% of donors are unaware if their company offers a matching gift program and the program specifics.
- 16% of donors know their company has a program, but are unsure if they’re eligible or don’t know how to submit their matching git request.
- 8% of donors know their company has a program, know they’re eligible, and understand how to submit their matching gift request.
- Flexibility in where donors can give matters!
- 97% of donors want flexibility in where and how they give to causes they care about.
- 86% of donors want to be able to give their original donation directly to a nonprofit through the nonprofit’s website.
- 6% of donors want to give their original donation through a workplace giving platform and then have that gift passed along to the nonprofit.
- 8% of donors didn’t indicate a preferred donation channel.
- Source: Double the Donation survey of donors
- Mentioning matching gifts in fundraising appeals results in a 71% increase in response rate and a 51% increase in average donation amount.
- Source: Tech Soup: Which Fundraising Strategies Work?
- 93% of the leading peer-to-peer nonprofits host a dedicated matching gift page on their websites and/or event pages.
- Source: Top Nonprofits’ Matching Gift Research Report | A Digital Strategy Analysis of the Peer-to-Peer Fundraising Top 30
- Source: Top Nonprofits’ Matching Gift Research Report | A Digital Strategy Analysis of the Peer-to-Peer Fundraising Top 30
- 100% of the Peer-to-Peer Top 30 incorporate matching gifts in their overall fundraising strategies to some extent.
- 86% of the P2P Top 30 follow up with donors about matching gifts on their gift confirmation screens, post-donation email outreach, and more.
- Sending matching gift reminder emails within 24 hours of a donation results in a 53% open rate, which is 2-3 times higher than the average nonprofit email open rate.
- Source: Double the Donation Database Analysis and Projections
- Sending more than one matching gift reminder email to donors can drastically increase the number of matching gifts submitted. For example, among donors who have already been identified as match eligible, the second matching gift email sent increases the number of matches identified and submitted by the first email by 48%. That means sending the second reminder email increases matches submitted by 48%!
- Source: Double the Donation Database Analysis and Projections
- Employing multiple approaches to identifying match-eligible donors results in 77% more identified match-eligible donations.
- Source: Double the Donation Database Analysis and Projections
- Email domain screening for match-eligible donations can result in a 1% increase in total revenue for nonprofits.
- Source: Double the Donation Database Analysis and Projections
- Leveraging a matching gift automation tool (like 360MatchPro) increases matching gift revenue for nonprofits by 61%.
- The addition of auto-submission functionality is projected to yield an 80% increase in matching gift revenue. As Double the Donation continues to develop new auto-submission integrations, matching gift revenue for eligible nonprofits is estimated to grow 200%+.
- Source: 2023 aggregate Double the Donation data
Matching Gift Statistics: Employee Participation Rates

Matching gift participation rates vary widely by company. This is a result of how prominently a company promotes matching gifts and how easy it is for employees to participate.
For example, 96% of employees at companies with matching gift programs have a strong or very strong preference for their company to match donations made directly to a nonprofit (such as through the nonprofit’s website, peer-to-peer fundraising platform, or mail) rather than only matching donations through a workplace giving software platforms. The more options an employee has to give and to get their gift matched, the more likely they are to utilize available company matching opportunities.
The graphs to the left illustrate the matching gift program employee participation rates for a few leaders in various sectors.
Some companies, like American Express and Microsoft, heavily promote their corporate philanthropy programs, while others don’t. In fact, recent analysis indicates that only 19% of companies include more than one paragraph regarding matching gift programs in their easily accessible employee handbook materials or website.
This means it’s incredibly important for your organization to do its part in raising awareness of matching gifts. We recommend that nonprofits promote matching gifts in three locations:
Takeaway: If you effectively promote employee matching gifts to your donors, you can overcome low participation rates.
Matching Gift Statistics: Typical Program Guidelines

- 93% of companies have a minimum match requirement of less than or equal to $50
- Source: Double the Donation’s Analysis of Matching Gift Programs
- The average minimum match amount is $34
- Source: Real-time Analysis of Double the Donation’s Database
- 80% of companies’ matching gift maximums fall between $500 and $10,000 annually per employee
- Source: Double the Donation’s Analysis of Matching Gift Programs
- The average maximum match amount is $3,728
- Source: Real-time Analysis of Double the Donation’s Database
- 91% of companies match donations at a 1:1 ratio
- 4% match at a lower rate such as .5:1
- 5% match at a higher rate such as 2:1 or 3:1
- Source: Double the Donation’s Analysis of Matching Gift Programs
Matching Gift Statistics: Top Companies
Highlights From Top Companies

- The top 10 matching gift companies will match on average up to $47,500 per employee per year
- Source: Double the Donation’s Analysis of Top Matching Gift Programs
- 51% of the Russell 1000 companies publicly disclose they offer matching gift programs (with additional ones being offered and not publicly disclosed yet).
- 85% of the top matching gift companies also offer volunteer grant programs.
- Source: Double the Donation’s Analysis of Top Matching Gift Programs
- State Street Corporation has been on Double the Donation’s list of top matching gift companies for a record 9 years straight.
Most Widely Used Matching Gift Program

- Microsoft is the largest contributor of matching gift and volunteer grant funds.
- 65% of Microsoft’s employees participate in the annual giving campaign.
- Inclusive of the corporate match, Microsoft employees have donated more than $1 billion to nonprofits.
- Since Microsoft began its volunteer match program in 2005, U.S.-based employees have volunteered more than 2 million hours of their time to causes they’re passionate about.
- In one year Microsoft matched $53.2 million in employee monetary donations.
- This represents an 11% increase over previous year match levelsDonations went to nearly 19,000 unique nonprofit organizations.
- Microsoft donated an additional $7.7 million as a result of the 456,000 volunteer hours logged through the company’s employee volunteer program
World’s First Matching Gift Program

- In 1954, the GE Foundation created the Corporate Alumni Program, the first corporate gift-matching program.
- Last year GE matched over $39 million in donations from employees to a wide range of 501(c)(3) organizations and accredited educational institutions (including K-12 schools).
- Since the program was created in 1954 over $1.07 billion have been matched by General Electric to nonprofits
Key Corporate Giving Statistics

- Higher matching gift caps yield higher employee engagement.
- Caps that are set at $1,000 see a 12% employee engagement rate.
- Caps that are from $1,001 to $10,000 see an 18% engagement rate.
- Any cap beyond $10,000 sees a spike in employee engagement up to 40%.
- Source: Double the Donation Insights from the New Corporate Social Responsibility Report
- The top 10 corporations donate over $2 billion annually in cash to nonprofits, much of it through employee matching gift programs.
- Source: Double the Donation’s Research Into Companies that Donate
- Corporations gave over $21 billion to nonprofits in 2021, an increase of 23.8% over the previous year.
- Source: National Philanthropic Trust Charitable Giving Statistics
- 58% of companies surveyed said workplace giving programs are somewhat or very important in retaining talent
- Source: Survey of 138 individuals representing companies of various sizes and industries (margin of error + or – 7% at the 90% confidence level)
- 94% of major US corporations plan to heighten or maintain their charitable giving in the next few years.
- Source: Survey by The Conference Board ESG Center
- 39% of companies plan to expand their workplace giving programs in the next two years and 37% plan to keep their workplace giving programs the same. Only 1% of companies surveyed plan to reduce their programs. The remaining were unsure.
- Source: Survey of individuals representing companies of various sizes and industries
- The percentage of Russell 1000 companies disclosing they offer an “Unrestricted Matching Gift Program” (i.e., will match to any nonprofit) grew 48% over the last three years, whereas those offering “restricted” programs (e.g., only matching donations to higher education) decreased by 33% to only 13.6%.
Volunteer Grant and Volunteering Statistics

- 40% of Fortune 500 companies offer volunteer grant programs
- Source: Double the Donation’s Review of Fortune 500 Companies’ Employee Giving Programs
- 80% of companies with volunteer grant programs provide between $8-$15 per hour volunteered
- Source: Double the Donation’s Analysis of Matching Gift Programs
- 66% of companies surveyed provide paid-release time volunteer programs.
- Source: CECP Giving in Numbers Report
- The average corporate volunteer rate participation rate is 33%.
- The participation rate at top-quartile corporate volunteer programs is 66%.
- Source: CECP Giving in Numbers Report
- About 63 million Americans volunteer each year.
- In total, Americans volunteered for 7.7 billion hours.
- The value of this volunteerism is worth ~$175 billion annually,
- Many of these individuals are eligible to request volunteer grants from their employers.
- Source: Volunteering and Civic Life in America by The Corporation for National and Community Service
Additional Matching Gift & Corporate Philanthropy Resources
Promoting Matching Gifts

Your donors are unlikely to know about matching gifts unless your nonprofit promotes these giving programs to them.
Check out our resources to learn how you can effectively market matching gift programs to donors via multiple channels.
Matching Gift Companies

Many companies offer a matching gift program (65% of Fortune 500 companies do!), but some outshine the rest.
Double the Donation has compiled a list of the top 10 companies with the best matching gift programs in the United States.
Impact of Corporate Giving

Matching gift programs are just one of the many types of corporate philanthropy initiatives that companies have.
If you’re interested in learning about the importance of corporate philanthropy, read the following article!