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Learn more about matching gifts and higher education, including top companies that match gifts to colleges and universities.

Matching Gifts & Higher Education: Companies That Match [+Tips]

Matching Gifts & Higher Education: Companies That Match [+Tips]
If you’ve graduated college, chances are, your alma mater has contacted you asking for a donation at some point. Perhaps this happened even before you graduated. Statistics show that many alumni actually do donate to their colleges and universities. Luckily, many of these generous gifts can be matched by alumni’s employers.

If you’d like to optimize your school’s matching gift fundraising efforts by targeting impactful corporate programs, incorporating tried-and-true best practices, and exploring examples put in place by similar institutions, this is the guide for you! We’ll cover:

Most matching gift programs began with only matching to colleges and universities. Since then, many companies have expanded their programs to include most other nonprofit organizations. However, there still remains a large contingent of companies that only match to higher education, excluding K-12 educational organizations and schools. And that means extra potential matching opportunities for your institution!

Let’s dive right in.

Here are some top companies that match gifts to colleges and universities to boost your matching gifts and higher education strategies.Top Companies that Match Gifts to Colleges and Universities

Almost all the companies you’ve heard offer matching gift programs (such as Bank of America, GE, Coca-Cola, Home Depot) will match gifts to colleges or universities, too. However, for this post, we decided to put together a list of some companies with lesser-known matching gift programs. Oftentimes, when a company only matches to higher education colleges and universities, their program flies under the radar.

If your college or university is looking to boost its matching gift revenue, be on the lookout for these popular matching gift companies!

Allstate Insurance

Allstate, a company that matches gifts to colleges and universities, that also offers volunteer grants.Allstate has an employee matching gift program completely devoted to higher education. Through the Good Hands Matching Grant Program, Allstate matches donations made to higher education institutions at a 1:1 rate. In other words, employee donations can potentially be doubled.

The company will match a range of donations from $25 to $5,000. Individuals who are eligible include employees, agency owners, personal financial representatives, and retirees.

Plus, Allstate also offers volunteer grants for employees who’d rather donate their time than money. Through the Hands in the Community Grants Program, employees and agency owners who volunteer more than 16 hours in a calendar year are eligible for volunteer grants.

The volunteer grant amount depends on the employee’s position. While regular employees are eligible for $500 volunteer grants, agency owners are eligible for $1,000 volunteer grants.

Read more about Allstate’s matching gift program.

ConAgra Foods, Inc.

ConAgra is a company that matches gifts of $25 to $1,000 made to colleges and universities.ConAgra will match gifts made to higher education between $25 and $1,000. Both full-time and part-time employees are eligible. However, retirees are not eligible. They also donate to other educational organizations, such as nutrition education programs.

To submit a request, employees either fill out a paper form or an electronic form. Unlike most companies, employees aren’t restricted to just one type of form. However, they do have to submit the matching gift request within 90 days of the initial donation. After that point, the company will no longer match the donation.

Read more about the ConAgra Foods matching gift program.

eBay, Inc.

eBay is a popular company that matches gifts to higher education as well as volunteer grants.The popular online auction site, eBay, will match employee donations made between $25 and $2,500 per year. The company increased the maximum from $500 just a few years ago, which is a substantial jump!

While full-time and part-time employees are eligible for the program, retired employees are not. In addition to matching gifts to education, eBay will also match gifts to most other nonprofit organizations. Unlike some companies, employees are urged to submit matching gift requests as soon as possible, because there’s a company-wide annual limit.

As part of its corporate philanthropy initiative, eBay also offers volunteer grants. Grant amounts are tier-based, depending on the number of volunteer hours employees finish:

  • 8-24 hours = a $100 grant
  • 25-49 hours = a $250 grant
  • 50+ hours = a $500 grant

Be on the lookout for this popular employer when developing your corporate giving strategy.

Read more about eBay’s matching gift program.

Sherwin-Williams

Sherwin Williams is a major company that offers matching gifts for colleges and universities.Sherwin-Williams offers a matching gift program where the company matches up to $3,000 in donations to a wide variety of nonprofits. This includes higher education institutions. The company’s matching gift program is open to both current employees as well as retirees.

The company matches at a 1.5:1 ratio. For instance, if a match-eligible individual donates $100 to your school, your institution will receive a $150 match, totaling $350.

In case that’s not impressive enough, Sherwin-Williams also has a great volunteer grant program. After an employee volunteers 50 hours, Sherwin-Williams provides the eligible organization or school with $200. Each employee can request up to three separate grants each year, totaling $600.

Read more about Sherwin-Williams’ matching gift program.

ExxonMobil

ExxonMobil, a company that offers matching gifts to colleges and universities, has a giving program dedicated to higher education.ExxonMobil is very well-known for its corporate philanthropy, specifically for its efforts toward educational institutions. The company offers two matching gift programs, the Arts and Cultural Matching Gift Program and the Educational Matching Gift Program.

Through the Educational Matching Gift Program, ExxonMobil will match donations to higher education institutions, including U.S. colleges and universities. They’ll provide up to $22,500 in matching gift funds per year. However, for cultural organizations, the company only matches up to $2,000.

Plus, the company offers two volunteer grant programs. For its individual grant program, when an employee or retiree volunteers for 20 hours, ExxonMobil provides a volunteer grant of $500. Each individual can request up to four grants per year. For its team volunteer involvement program, ExxonMobil awards a $500 grant when a team of five or more eligible participants volunteers for a combined total of at least 20 hours. While employees are limited to $2,000 in grants per year, individual organizations are limited to $5,000.

Read more about ExxonMobil’s matching gift program.

Here are some top tips for making the most of matching gifts and higher education, including partnering with companies that match gifts to colleges and universities.7 Best Practices for Matching Gifts and Higher Education

Now that you know of a few major companies that offer matching gifts to higher education institutions, let’s dive into a few ways you can incorporate them into your fundraising strategy. Let’s explore seven tried-and-true tips here!

1. Ensure your team understands the importance of matching gifts and higher education.

Before you can promote (and communicate the value of) matching gifts to your institution’s donor base, it’s critical that your fundraising team is up to speed. Be sure to incorporate department-wide meetings to explore matching gift opportunities, what that means for your institution, and how you can collect more corporate funding for your efforts.

And if you’re not sure your team understands the impact of matching gifts, consider sharing powerful statistics like these:

  • More than 26 million individuals work for companies that offer matching gift programs.
  • Over 78% of that 26 million (or approximately 20.3 million) people have no idea whether their employer matches gifts.
  • An estimated $2 to $3 billion is donated annually through corporate matching gift programs.
  • An additional $4 to $7 billion in available match funding is left on the table each year, largely due to a lack of awareness.
  • 84% of survey participants reported that they’d be more likely to donate to a nonprofit if their employer was matching the donation.
  • 1 in 3 participants stated that they’d likely make a larger donation if it was being matched.

Then, once they’re on board, you’ll likely want your development and fundraising staff to be familiar with top companies that match gifts to colleges and universities, common matching gift program guidelines to look out for, and how to assist donors as they walk through the process of requesting their employer matches.

And that’s just the beginning! As you continue to develop your matching gift strategy to direct more corporate dollars toward your school, it’s essential that everyone stays on the same page.

2. Enlist multiple methods for collecting alumni employment information.

Your alumni are likely some of your school’s most dedicated supporters. As they move on from your institution and begin their careers in the real world, make sure you have a process in place for collecting and tracking graduates’ employment information. This will enable you to screen donors and alumni against some of the most generous matching gift companies, such as those mentioned above.

More than likely, your alumni employment data search will include some combination of the following:

  • Matching gift software
  • Email domain screening
  • Employer appends
  • Alumni outreach

But you don’t have to pick just one method, either! The more you know, the better. Our research shows even that incorporating more than one approach for identifying matching gift eligible donors results in 77% more identified potential matches. So perhaps you might leverage domain screening and donor outreach, then utilize an employer appending service to help fill in any remaining gaps.

3. Screen donors and prospects for employers with matching gift programs.

Once you’ve located donor and alumni employment data, you can utilize the information to identify matching gift eligible donors. Here are a few best practices you can follow as you do so:

  • Check out top matching gift programs from well-known companies like these.
  • Emphasize companies that match gifts to colleges and universities.
  • Explore additional matching gift companies with a comprehensive database.

Studies show that more than 26 million individuals work for companies that offer some form of matching gift program. More than likely, that’s a significant portion of your school’s donors⁠—you just have to figure out which ones are eligible and where to go from there.

4. Communicate the value of matching gifts and higher education impact to donors.

Donors love participating in their employers’ gift-matching programs because the initiatives enable them to make a larger impact through their initial donations. Because this is one of the top motivating factors for participation, it’s a good idea to place a significant emphasis on doubled (and sometimes even tripled!) benefits that a matching gift can bring.

For example, let’s say a donor contributed $500 to provide 100 books for your newly built library. Be sure to highlight that, should that individual secure a match for their already-generous donation, they can essentially provide 200 books to make twice the impact⁠—all without having to reach back into their own wallets.

5. Follow up with donors on match-eligible gifts and provide employer-specific guidelines.

Your school’s online donation process should gather ample information about your donors as they complete the giving process⁠—including their employment status. After the transaction is complete, your fundraising team can (and should) leverage those collected insights in order to drive more matches to completion.

Picture this: Let’s say Donor Johnny entered his employer’s name in your donation page search tool, and you see that he works for the Home Depot. Afterward, you’ve collected that information, along with the data on the $1,000 gift that he made, to determine that his donation is matching gift eligible. But Johnny might not know that himself!

That’s why we recommend that you follow up with donors post-transaction to share whichever insights you’ve collected about their employers’ matching gift program availability. This should include minimum and maximum match amounts, match ratios, types of qualifying donors and organizations, and submission deadlines. And in order to really seal the deal, you can even equip donors with direct links to their employers’ matching program online submission forms!

6. Streamline your efforts with matching gifts and higher education software.

By adding a matching gift database like Double the Donation to your tech toolkit, you significantly boost your fundraising potential without putting a ton of added work on your team members’ plates. This fully automated matching gift platform identifies more match-eligible donors, automatically follows up with them, and even creates an automated match plan for you.

Not to mention, you can easily integrate Double the Donation’s matching gift automation tool⁠—360MatchPro⁠—across higher education fundraising channels such as GiveCampus, Anthology, Almabase, Ellucian, and more. Thanks to available matching gift and higher education software partnerships, institutions like yours can quickly raise more by adding company gift-matching functionality to their existing fundraising systems!

Take a look at these examples of using a matching gift tool to pinpoint companies that offer matching gifts to colleges and universities. Boost matching gifts and higher education!

Matching Gifts and Higher Education: Examples to Follow

Hundreds of schools and universities have successfully implemented these strategies to effectively promote matching gift fundraising opportunities to donors, alumni, and their overall communities. Let’s look at a few examples of how the right matching gift solutions can help boost your college’s funds!

Flagler College’s Dedicated Matching Gift Page

If alumni are looking for different ways to support their alma mater, well-designed matching gift pages can offer helpful information about multiplying their contributions. Check out this example of a dedicated matching gift page from Flagler College!

Some colleges and universities promote matching gifts and higher education companies on a dedicated matching gift webpage.

Flagler College’s web page provides alumni with instructions on how to obtain a matching donation from their employer. Plus, they’ve embedded the search tool and encouraged donors to look for more in-depth information about their employers’ matching gift programs. Not to mention, they offer vital contact information in case donors have additional questions.

Eckerd College’s Donation Form

Donation forms are another great way to start the conversation about matching gifts. At this stage, Eckerd College knows its users are ready to give and will be more motivated to multiply their contributions without reaching back into their own pockets.

Check out this example of this school’s donation form and how it promotes matching gifts:

Donation forms are a great place for colleges and universities to promote matching gifts and the companies that offer them.

In addition to the other donation options on the page, Eckerd College offers donors the chance to look into their employers’ matching gift programs with a searchable database tool (specifically through Double the Donation!).

University of Utah’s Ways to Give Page

Many institutions have a Ways to Give page on their website—the University of Utah being one of them. In order to drive fundraising efforts, this school includes different donation methods (e.g. online with a credit card or through the mail) through which donors can contribute. And the University of Utah also knows that its Ways to Give page is a key location to promote corporate matching gift programs!

Here’s what this school’s Ways to Give page looks like:

Some higher education institutions promote matching gifts on their Ways to Give pages to elevate their matching gifts and higher education strategies simultaneously.

This school not only shares general information about matching gift programs but also provides donors with Double the Donation’s embedded search tool to learn more about their specific employer’s gift matching policies. The more ways a donor or prospect knows to support your institution (including corporate gift-matching), the more likely they are to follow through with the process!


Matching gifts are a valuable resource, so ensure that your institution is taking advantage of all available revenue. In fact, the colleges and universities that have the most matching gift success incorporate matching gifts throughout their broader fundraising efforts. It won’t take much, but, as you can see from the corporate guidelines sampled above, a little goes a long way with matching gifts.

This list, while helpful, doesn’t come close to covering all matching gift opportunities. Rather, it’s a sampling of well-known companies with matching gift programs. While these major companies do offer generous matching gift programs for educational institutions, they aren’t the only companies that do. Make sure to stay up-to-date with your donors’ employers. That way, you can maximize your revenue potential!

Interested in learning more about matching gifts for colleges and universities? Check out these educational resources:

  • Top Matching Gift Companies. For more matching gift companies (most of which match gifts to higher educational institutions), go over this list of some standout opportunities. Then, see if your alumni or donors work for these businesses!
  • 12 School & Higher Ed Fundraising Platforms That Grow Matching Gifts. Looking for top software that will help you grow matching gifts and higher education fundraising efforts? Check out our list of twelve fantastic solutions.
  • Marketing Matching Gifts. Learn how to promote matching gifts for higher education with this Double the Donation guide. Ensure your school doesn’t miss out on revenue opportunities by incorporating these practices.

Matching gifts and higher education can benefit from Double the Donation's software.

Lean about the top companies in Chicago with matching gift programs.

Companies in Chicago, Illinois with Matching Gifts

We at Double the Donation aid nonprofit organizations in their fundraising efforts using corporate matching gift programs. These programs occur when an employee makes a donation to an eligible organization, and their company  “matches” the gift. 

As a nonprofit, the best place to start increasing matching gifts is knowing who the largest companies are in your area offering these programs. In this post, we highlight some of the great local companies in the city of Chicago that currently offer matching gift programs. We’ll examine the following companies:

  • Allstate
  • Baxter
  • Exelon
  • Harris Bank
  • McDonalds

Follow along for a look at Chicago’s corporate philanthropy, and how your nonprofit can discover these opportunities for yourself.

Learn the basics of matching gift programs in Chicago.

Chicago, IL Matching Gifts

Illinois hosts 66 of the Fortune 1000 companies, and Chicago is the third-largest city in the US by population size. The city is a major finance center involved with the transportation, telecom, and commerce industries, and is home to one of the world’s busiest airports. Additionally, the GDP (gross domestic product) of Chicago is ranked at #4 out of all cities in the world.

Needless to say, there is a huge opportunity for corporate philanthropy in the city. 

Nonprofits across Chicago and Illinois can benefit from the generous matching gift programs offered by their donors’ employers once they can figure out how to capitalize on them. Before diving into the matching gift opportunities available in Chicago, let’s look at how nonprofits can secure these gifts.

Learn the best way to discover matching gift programs in Chicago.

Our Favorite Way to Discover Matching Gift Opportunities

The most difficult part of securing a matching gift from a local company is simply finding the opportunities that exist. Many donors are unaware of these opportunities to increase their donation and therefore don’t seek them out.

We always recommend using a matching gift tool if your organization is looking to increase your donations through matching gifts. From there, you just need to figure out which tool is right for your nonprofit’s specific needs.

For example, 360MatchPro is a robust software option that automates much of the matching gift solicitation process. With it, your organization can automatically find and contact donors that are match-eligible, saving valuable time and energy for your fundraising team. This tool offers an industry-leading matching gifts database that you can embed directly on your website and/or online donation form. With it, donors can discover whether they’re match-eligible and if they are, how to begin the match request paperwork.

With that, continue on to learn about the matching gift opportunities available in Chicago, Il.

Check out this list of the top companies with matching gift programs in Chicago.

List of Chicago Corporate Donation Matching Programs

In order to help nonprofits get started increasing their fundraising, we at Double the Donation have created a short listing of some of the companies that currently offer matching gift programs in the Chicago area.

AllstateAllstate is a top company in Chicago with a matching gift program.

The Allstate Corporation offers a Matching Hands matching gift program for donations to higher education at a 1:1 ratio. They also offer a 15 percent company match on donations to other nonprofits.

Read more about the Allstate matching gift program.

Baxter International

Baxter is a top company in Chicago with a matching gift program.

Baxter is an American healthcare company headquartered in Illinois. Employees donating at least $25 to eligible organizations can apply to have their donations matched.

Read more about Baxter’s Matching Gift Program.

 

 

ExelonExelon is a top company in Chicago with a matching gift program.

Exelon Energy Corporation, headquartered in the Chase Building in downtown Chicago, takes part in corporate giving by matching employee donations up to $2,000.

Read more about Exelon’s Matching Gift Program and volunteer grant opportunities.

 

Harris BankHarris Bank is a top company in Chicago with a matching gift program.

Harris Bank or BMO Financial Group will donate up to $1,000 annually per employee match. Full, part-time, and retirees are all eligible.

Read more about the Harris Bank matching gift program.

 

McDonaldsMcDonalds is a top company in Chicago with a matching gift program.

McDonalds will match employee donations up to $5,000 per year per employee (and $10,000 per employee at or above the level of the Vice President) to qualified education, civic, cultural, health, and youth nonprofits at a 1:1 ratio.

Read more about the McDonalds matching gift program


Matching gift programs are a powerful force in helping nonprofits reach their fundraising goals, and Chicago is a great place to start when looking for these opportunities! Start with the above list, and branch out from there— the possibilities are endless when it comes to corporate philanthropy around the U.S.

To enhance your nonprofit fundraising strategy, take a look at these San Antonio matching gift companies.

San Antonio Companies with Matching Gift Programs

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:

  1. Allstate Insurance Company
  2. Chevron Corporation
  3. Nationwide Mutual Insurance Company
  4. Andeavor
  5. 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, a San Antonio matching gift company, also offers volunteer grants.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.

Read more about Allstate’s matching gift and volunteer grant programs.

Chevron Corporation

Chevron is a San Antonio matching gift company that offers up to $10,000 in matching gifts.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.

Read more about Chevron’s matching gift and volunteer grant programs.

Nationwide Mutual Insurance Company

Nationwide is a San Antonio matching gift company that offers a generous giving program.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 Read more about the Nationwide’s matching gift and volunteer grant programs.

Andeavor

Andeavor, a San Antonio matching gift company, will match employee donations up to $5,000.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.

Read more about the Andeavor’s matching gift and volunteer grant programs.

Additional Companies

Several other major employers in the San Antonio area offer matching gifts. To continue researching, take a look at these employers:

  1. 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!
  2. 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).
  3. 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.


Learn how a matching gift database can help your organization find San Antonio companies that have matching gift programs.

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.