Companies in Philadelphia That Offer Matching Gifts

Double the Donation specializes in helping nonprofits increase their donations through corporate matching gift programs, which involve a corporation matching a contribution made by an employee to an eligible nonprofit. Lucky for you, these initiatives can be a great source of funding for local nonprofits in any city. Today, we are looking at leading matching gift companies in Philadelphia, Pennsylvania.

As one of the most historically significant and economically vital cities in the nation, Philadelphia is a powerhouse of philanthropy. Let’s begin!

Corporate Matching in Philadelphia, Pennsylvania

Philadelphia is the largest city in the state of Pennsylvania and the 6th most populated in the US. The city boasts several Fortune 500 companies with a strong history of corporate giving, as well as the Philadelphia Stock Exchange. The “City of Brotherly Love” is the economic and cultural center of the state. Home to over 1.5 million people, Philadelphia has the 9th largest GDP in the United States.

In addition to headquartering some major corporations, the city is home to many nonprofit organizations that could benefit from more information about matching gift programs. The region is often referred to as a hub for “Eds and Meds” due to the high concentration of higher education institutions and healthcare facilities. Consequently, many of the local matching gift programs are specifically tailored to support these sectors, though general nonprofits are almost always eligible as well.

With a workforce that is increasingly socially conscious, Philadelphia employers are using matching gifts as a way to retain talent. This means that donors who work for these companies are eager to use their benefits, provided they know they exist.

List of Top Matching Gift Companies in Philadelphia, PA

Check out the following Philadelphia-based companies that offer standout corporate philanthropy programs in the area. While some are headquartered directly in Center City, others anchor the surrounding suburbs, employing thousands of potential donors across the Delaware Valley.

1. Comcast Corporation

Headquartered in the iconic Comcast Center in Philadelphia, Comcast Corporation is one of the largest US-based telecommunications companies today. They provide generous employee matching gift initiatives for their staff of nearly 200,000 team members. Currently, full-time and part-time individuals qualify for matching donations to most of their favorite nonprofits.

Match Ratio: 1:1
Match Limits: Matches donations between $5 and $1,000 per employee annually.
Eligibility: Most 501(c)(3) organizations including health and human services, arts and cultural organizations, civic and community groups, and environmental nonprofits.

The low minimum donation of just $5 makes Comcast’s program incredibly accessible. This allows even entry-level employees or those making smaller contributions to participate in corporate philanthropy. For nonprofits, this means you should not ignore smaller donors from Comcast; a $20 donor today could be a major donor tomorrow, and their matching gift helps pave that path.

2. Aramark

Aramark is a global leader in food service, facilities, and uniform services, based right here in Philadelphia. With over 245,000 employees, this Fortune 500 company aims to engage its workforce and its overall community with two generous matching gift programs designed to support education and community vitality.

Education Match: Matches up to $2,000 per fiscal year for higher education and K-12 schools.
General Match: Matches up to $250 per fiscal year for other nonprofit organizations.
Volunteer Grants: Aramark frequently encourages employee volunteerism through “Aramark Building Community” days.

The distinction between education and general nonprofits is vital for your strategy. If you are a school or university, Aramark employees have a much higher matching cap. However, the $250 cap for general nonprofits is still valuable, especially for grassroots organizations where every dollar counts.

Read more about Aramark’s matching gift program.

3. Lincoln Financial Group

Lincoln Financial is a Fortune 200 holding company based in Philadelphia. They are a massive player in the insurance and investment sector. Their matching gift program is one of the most generous in the city regarding maximum limits.

Match Ratio: 1:1
Match Limits: Matches donations between $50 and $10,000 per donor, per year.
Eligibility: Full-time, part-time, and retired employees are eligible.

The inclusion of retirees is a major benefit. Lincoln Financial has a large base of retired professionals in the Pennsylvania area who likely have the capacity to make significant gifts. A $10,000 match cap allows these donors to make a substantial impact, effectively doubling major gifts.

4. Cencora (formerly AmerisourceBergen)

Currently headquartered in Conshohocken, PA (just outside of Philadelphia), Cencora is a global healthcare and American drug wholesale company. Recently rebranded from AmerisourceBergen, the corporation ranks highly on the Fortune 500 list and maintains a strong commitment to community health.

Match Ratio: 1:1
Match Limits: Matches up to $10,000 per employee per year.
Volunteer Grants: Employees who volunteer 20 hours can earn a $750 grant for their nonprofit.
Special Promos: Occasionally increases the match rate to 1.5:1 (150%) around Giving Tuesday.

The volunteer grant of $750 for just 20 hours of service is one of the most efficient “dollars for doers” programs in the region. If you have Cencora employees volunteering at your events or serving on committees, remind them to log their hours. It is a quick way to secure nearly a thousand dollars in unrestricted funding.

Read more about Cencora’s matching gift program.

5. The Vanguard Group

While technically headquartered in Malvern, Vanguard is one of the largest employers in the Greater Philadelphia region. As one of the world’s largest investment management companies, their “Hometown Grants” and employee matching programs are massive sources of funding for local nonprofits.

Match Ratio: 0.5:1 (Matches 50% of the donation).
Match Limits: Matches up to $10,000 annually.
Volunteer Grants: Employees can earn $10 per hour volunteered, up to $500 annually.

Even though the match ratio is 0.5:1, the sheer volume of Vanguard employees in the suburbs (Malvern, Wayne, Valley Forge) makes this a critical program. Furthermore, Vanguard employees are famously loyal and community-minded, often serving on boards and participating in “days of service” that can be monetized through the volunteer grant program.

Read more about The Vanguard Group’s matching gift program.

6. GlaxoSmithKline

With a major hub at the Navy Yard in Philadelphia, GSK is a science-led global healthcare company. Their charitable giving is deeply rooted in health, science education, and community support.

Match Ratio: 1:1
Match Limits: Matches up to $2,500 per employee, per year.
Minimum Gift: $25.
Eligibility: Matches gifts to most 501(c)(3) organizations, with a special emphasis on health and education.

GSK is particularly supportive of STEM education. If your nonprofit operates in the science or education space, GSK employees are natural partners. Their program is easy to navigate, and the Navy Yard location puts them right in the heart of the city’s expanding business district.

Read more about GlaxoSmithKline’s matching gift program.

7. Independence Blue Cross

As the leading health insurer in southeastern Pennsylvania, Independence Blue Cross is synonymous with Philadelphia. Their “Blue Crew” volunteer program is one of the most visible corporate volunteer forces in the city.

Match Ratio: 1:1
Match Limits: Matches up to $2,500 per employee annually.
Volunteer Focus: Highly active volunteer program that frequently partners with community health organizations.

The “Blue Crew” is a powerful resource. If you can get a team of Independence Blue Cross volunteers to support your run/walk, gala, or community cleanup, you not only get the labor but also potential matching funds from the employees involved. They are a staple of the Philadelphia nonprofit scene.

8. Cigna

Cigna, a global health service company with a massive presence in Philadelphia, offers a robust giving program. Their foundation focuses on health equity and community well-being.

Match Ratio: 1:1
Match Limits: Matches up to $2,500 annually.
Volunteer Grants: Employees can earn a $250 grant for every 25 hours volunteered.
Healthy Giving: They offer smaller “participation grants” for employees who participate in charity walks or runs.

The “participation grant” is unique. If a Cigna employee runs in your charity 5K, they may be able to request a small grant just for participating, on top of any fundraising they do. This is a great selling point when recruiting runners or walkers for peer-to-peer fundraising events.

Read more about Cigna’s matching gift program.

9. Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company and maintains a significant office in Philadelphia. Their foundation is committed to supporting the communities where their employees live and work.

Match Ratio: 1:1
Match Limits: Generous annual limits for full-time employees.
Scope: Matches donations to a wide variety of educational, cultural, and human service organizations.

Insurance companies like Chubb often have stable, long-tenured workforces. Building relationships with Chubb employees can lead to years of sustained giving. Their program is known for being reliable and covering a broad spectrum of nonprofit types.

Read more about Chubb’s matching gift program.

10. SAP North America

Headquartered in Newtown Square, SAP is a market leader in enterprise application software. Their CSR program is focused on equipping the world’s youth with digital skills and powering best-run nonprofits.

Match Ratio: 1:1
Match Limits: Matches up to $750 per employee annually.
Volunteer Grants: Employees can earn grants for their time spent volunteering.

While the $750 cap is lower than the financial giants, SAP’s focus on technology and skills-based volunteering is invaluable. SAP employees often provide pro-bono tech consulting, which can be worth thousands of dollars to a nonprofit, in addition to the cash match they provide.

Read more about SAP’s matching gift program.

Discovering Even More Matching Gift Opportunities

To truly capitalize on the opportunities offered by corporate philanthropy programs in Philadelphia, nonprofits should consider adding a matching gift tool to their resources. The manual method of asking donors to check with their HR departments is often too slow and results in lost revenue. Automation is the key to scaling this fundraising channel.

For example, Double the Donation is a fundraising software that fully automates the matching gifts process. By streamlining the discovery of and outreach to match-eligible donors, the program handles much of the solicitation process for you. Any nonprofit looking to expand on its already-established matching gifts processes would benefit from this type of software.

Not to mention, Double the Donation Matching empowers organizations with the tools to embed an industry-leading matching gift database directly on their website and donation forms so donors can search for their eligibility with ease. Further, eligible donors will be provided with detailed and company-specific information on the gift confirmation screen and automated follow-up emails regarding how to begin the process.

Strategic Matching Gift Fundraising Tips for Philadelphia Nonprofits

Knowing the best matching gift companies available to you is only half the battle. The other half is execution. Philadelphia is a “neighborhood” city, and fundraising here relies on relationships. Here are three strategies to maximize your matching gifts.

1. The “Suburban Commuter” Strategy

Many of your donors may live in the Main Line or Bucks County but work for these major Center City or Conshohocken firms. Do not limit your search to just Philadelphia zip codes.

Use your donor management software to filter for employers like Vanguard, SAP, and Cencora. Even if the donor lives 20 miles outside the city, their employer’s matching gift check spends just the same. Ensure your appeal letters to these suburbs explicitly mention these local employers.

2. Leverage “Eagles” Spirit

Philadelphia loves its teams. Many local companies run internal competitions or charity drives around Eagles or Phillies seasons. Tap into this energy.

If you run a fall campaign, consider using language that ties into the community spirit. “Join the team” or “Double your impact” messaging resonates well in a city that values collective effort. Remind donors that their employer is part of their “team” in supporting your cause.

3. Board Recruitment

Look at the list above. Does your Board of Directors include anyone from Comcast, Independence Blue Cross, or Lincoln Financial? If not, it should.

Recruiting board members from these specific companies is a strategic revenue move. A board member from Lincoln Financial who gives $5,000 annually can instantly turn that into $10,000 with a single form. Prioritize these companies in your next board nominating committee meeting.

The Bottom Line

Philadelphia is a city of history, but its corporate philanthropy is very much focused on the future. The companies listed above are eager to support the nonprofits that make the Delaware Valley a better place to live and work. From the telecommunications giants to the pharmaceutical innovators, the funding is available.

And that’s just a portion of the charitable-minded companies with corporate philanthropy initiatives like these. To dive into even more businesses that offer matching gifts or volunteer grants across the globe, check out our guide. By equipping your team with the right data and your donors with the right tools, you can turn the City of Brotherly Love into a city of doubled donations.

Ready to start discovering these matches? Check out these additional resources:

Matching Gift Database: The comprehensive search tool to find eligibility for thousands of companies.
Top Volunteer Grant Companies: A guide to monetizing volunteer time.
Corporate Giving Trends: Stay ahead of the curve with the latest data on corporate philanthropy.