Matching gift programs can double (and sometimes triple!) a donor’s contribution to your nonprofit. By overlooking these programs, nonprofits are missing out on a chunk of additional revenue. In this article, we’ll focus on the San Antonio market.
San Antonio is the 2nd most populous city in the state of Texas, with the metropolitan area containing around 2 million residents. The city is also home to five of the Fortune 500 corporations.
The military, defense industry, and other civil services are the top employers inside the city, so your nonprofit may want to start researching these companies. There is also a large medical employment sector since the city contains one of the only major medical research and healthcare providers in the region.
In other words, if your organization is located in San Antonio, there are numerous companies that offer giving programs, which can significantly increase your organization’s revenue.
To take advantage of these major fundraising opportunities, San Antonio nonprofits should first familiarize themselves with the major employers that offer gift matches. We’ve highlighted just a few of the top companies in San Antonio to get your organization started. Let’s take a look at the following companies:
- Allstate Insurance Company
- Chevron Corporation
- Nationwide Mutual Insurance Company
- Additional Companies
After reviewing these companies, we’ll take a look at how a matching gift database can help you recognize these important revenue opportunities. Ready to start boosting your nonprofit’s revenue? Let’s dive in!
Allstate Insurance Company
Allstate offers a straightforward matching gift program. The company offers three main ways of giving, two of which are centered around matching gifts.
The first matching gift program is dedicated to higher education. Through Allstate’s Good Hands program, the company matches donations made to higher education institutions at a 1:1 rate. In other words, eligible donations can be doubled! While the minimum donation amount is $25, the maximum is $5,000.
For all other nonprofits, Allstate offers a program called The Giving Campaign. Through this program, the company provides a 15% bonus on donations made to nearly all 501(c)(3) organizations. Those eligible for either program include employees, agency owners, and personal financial representatives.
In addition to matching gifts, Allstate also offers a volunteer grant program for employees who prefer to donate time rather than money. Through its Hands in the Community Grants program, employees and agency owners who volunteer with one organization for more than 16 hours in a calendar year are eligible to receive a grant for the organization. While agency owners are eligible for $1,000 volunteer grants, employees are eligible for $500 volunteer grants.
Chevron has one of the most generous giving programs. While the company matches at a 1:1 ratio like most companies, it’ll match donations up to $10,000. Both full-time employees and retirees are eligible. While each current employee can request up to $10,000 annually, retirees can only request up to $3,000 annually, which is still an impressive amount!
Plus, Chevron offers a volunteer grant program. Each employee or retiree who volunteers for 20 hours in a year can request a $500 grant for that nonprofit. Participants can request up to two of these grants per year. In other words, they can receive $1,000 in grants for 40 hours of volunteering.
With offices located in San Antonio, there are likely a few Chevron employees in your donor base, so don’t overlook this generous employer.
Nationwide Mutual Insurance Company
Nationwide offers a matching gift program that has a few more restrictions. Like a few other major companies, they offer a program that caters to higher education, excluding K-12. However, if you do run a K-12 school or organization, there are companies that specifically match donations made to higher education, which often fly under the radar.
Through its matching gift program, Nationwide matches donations made by employees, retirees, and agents to higher education institutions. Matches range from $25 to $5,000 at a dollar-for-dollar ratio. Eligible institutions include:
- Junior and community colleges
- Four-year colleges and universities
- Seminaries and theological schools
- Professional and graduate schools
- Select other higher education institutions
Additionally, Nationwide offers a volunteer grant program. Through this program, employees who volunteer at least 25 hours with an organization can request a $100 grant.
Andeavor, formerly known as Tesoro Corporation, is a Fortune 500 company headquartered in San Antonio. The company matches employee donations dollar-for-dollar to a wide range of organizations. While most nonprofits are eligible, the program is slightly more generous to schools and other educational organizations.
Andeavor matches gifts ranging from $25 to $5,000. Specifically, the company matches donations up to $5,000 per employee annually to higher education institutions and up to $1,500 per employee per year to other nonprofits. Like many companies, both full-time and part-time employees are eligible for the program.
Also, the company offers volunteer grants. Through Andeavor’s Dollars for Doers program, an employee can earn up to $500 per year for a nonprofit or K-12 school. Grant amount is determined by the number of hours volunteered. For every hour spent volunteering with an organization, an employee earns $10 with a minimum of 30 hours required.
Several other major employers in the San Antonio area offer matching gifts. To continue researching, take a look at these employers:
- Microsoft – Microsoft has a very generous matching gift program. It will match donations anywhere from $1 to $15,000. They also offer volunteer grants at $25 per hour—no minimum number of hours required!
- USAA – The United Services Automobile Association (USAA) is a San-Antonio-based Fortune 500 company that offers matching gifts for donations made to education institutions (K-12 included).
- NuStar Energy – This major San Antonio employer matches employee donations made to higher education institutions. They’ll match donations from $25 to $250 at a 1:1 ratio.
When implementing matching gifts in your fundraising strategy, these are great companies to kick off your research. However, make sure to research all of your donors’ employers.
Exploring Opportunities with a Matching Gift Database
Matching gifts and other corporate giving programs are a great way to boost your revenue. However, pinpointing these opportunities can be a difficult, tricky process. That’s where a matching gift database (like Double the Donation) comes in handy!
Double the Donation works with nonprofits across the country, including San Antonio. By adding a matching gift database to your tech toolkit, your organization won’t miss out on corporate philanthropy. After subscribing to Double the Donation’s service, you’ll be able to embed the tool across all your online fundraising channels. From there, the tool will do the following:
- Enable donors to search over 20,000 companies.
- Provide all available guidelines and forms on companies’ giving programs.
- Won’t let your nonprofit overlook important revenue opportunities.
- And more!
For larger organizations, an automated matching gift database may be the way to go. For instance, 360MatchPro by Double the Donation automatically identifies matching gift opportunities with email domain screening, contacts those match-eligible donors, and even creates an automated matching gift plan for your organization!
Either tool enables your nonprofit to locate more corporate philanthropy opportunities, which a vital component of nonprofit fundraising.
Think your nonprofit could benefit from the leading matching gift database?
Nonprofits across the country can benefit from matching gifts. As a major U.S. city, San Antonio offers substantial revenue opportunities for nonprofits. When you take the time to research your donors, you set your nonprofit up for success.
Now that you know about a few San Antonio companies with generous giving programs, start using them in your fundraising strategy!
Want to learn more? For a list of top giving programs, visit our comprehensive list of major companies that offer matching gifts and volunteer grants.