Companies in Boston, Massachusetts with Matching Gift Programs

Maximizing employee matching gifts from a nonprofit’s donors is a critical element of fundraising for any organization.

Double the Donation often receives requests from Boston-based nonprofits asking if there are companies in their city offering employee matching gift or volunteer grant programs.

To clear up some of the confusion, we’ve highlighted a few of the top companies in Boston that offer to match donations from their employees. We’re going to examine the following companies:

  • Fidelity
  • Houghton Mifflin Harcourt
  • Raytheon
  • Thomson Reuters
  • State Street Corporation

Follow along for a look at Boston’s corporate philanthropy and the tools that can help you discover these opportunities.

Learn the basics of matching gift programs in Boston.

Boston and Corporate Philanthropy

Boston is the largest city in Massachusetts and, in turn, has a diverse local economy consisting of companies in the financial services, publishing, media, and nearly every other industry.

If you’re a nonprofit with a large Boston donor base, you should be asking yourself one question: “Are we taking full advantage of philanthropic giving from corporations in Boston?”

There’s a decent chance you’re not. Boston has the 6th largest economy in the country, with many companies building headquarters in the city. Therefore, there is a major opportunity for matching gift programs in Boston.

If you’re not familiar, matching gift programs occur when companies pledge to make donations matching those their employees made to a nonprofit organization. Nonprofits that prioritize matching gift solicitation effectively receive two donations for the price of one.

Learn how to discover matching gift programs in Boston.

The Best Way to Solicit Matching Gifts

When it comes to collecting matching gifts, the biggest obstacle for nonprofits is a lack of education around the subject–many donors are entirely unaware of the potential impact of their donation! This is true in many large cities, including Boston.

The most important thing your organization can do to secure matching gifts is to educate donors whenever possible about these corporate philanthropy programs. As each company with a matching gift program has different parameters, this may seem like a difficult task. However, with a matching gift software solution, educating donors is actually easier than you may think.

Larger nonprofits, those with an already-established matching gift solicitation process, will benefit from using a matching gift automation software such as 360MatchPro. With this software, you’ll be able to automatically discover match-eligible donors and send them information regarding the gift request process.

For smaller nonprofits just beginning their matching gifts solicitation process, it’s better to start with a solution such as Double the Donation’s Premium Plan. With this plan, you can embed an industry-leading matching gifts database into your website and donation form so donors can search their own eligibility.

If either of these solutions would be a good fit for your organization, sign up for a 14-day free trial. With that, read on to explore Boston’s top 5 companies with matching gift programs.

Check out the top companies with matching gift programs in Boston.

List of Boston’s Top Matching Gift Programs

FidelityFidelity is a top company in Boston with a matching gift program.

Responsible in part for Boston’s status as a top financial center, Fidelity Investments matches employee donations between $50 and $4,000.

While the program company’s program is generous, only donations made to educational institutions (ex. colleges, universities, and educational organizations) are eligible.

Read more about the Fidelity Investment matching gift program.

 

Houghton Mifflin HarcourtHoughton Mifflin is a top company in Boston with a matching gift program.

Houghton Mifflin Harcourt is a major publishing firm headquartered in Boston. It matches gifts up to $500 to a wide variety of nonprofits including:

  • Educational institutions (K-12 included)
  • Health and human services
  • Arts and cultural organizations
  • Civic and community organizations
  • Environmental organizations

Both full and part-time employees are eligible for this program.

Read more about the Houghton Mifflin matching gift program.

 

Raytheon Corporation

Raytheon will match any gift greater than $25, up to $10,000 made to an educational institution. This includes both public and private higher education institutions, as well as K-12 programs.

In addition to Boston, Raytheon has a large presence in multiple states across the U.S. That means that the company holds a huge opportunity for increasing donations to your nonprofit through matching gift programs.

Read more about the Raytheon Corporation’s matching gift program.

 

Thomson ReutersThomson Reuters is a top company in Boston with a matching gift program.

Thomson Reuters will match employee donations up to $1,000 each year to nearly all educational institutions and 501(c)(3) organizations. A unique aspect of this company’s program is that it is open to all global employees (ex. Canada, UK, USA, India, etc.)

Thomson Reuters also offers a very generous volunteer grants program! An organization is eligible for a $500 grant from Thomson Reuters after an employee volunteers 20 hours in a year.

Read more about the Thomson Reuters gift matching program and volunteer grants.

 

State Street CorporationState Street Corporation is a top company in Boston with a matching gift program.

The State Street Corporation has one of the most generous employee giving programs in the game. It consists of an individual matching gift program, a fundraising match program, and a volunteer grant program.

In terms of the matching gift program, State Street will match any employee’s donation up to $5,000 to nearly all nonprofit organizations. And depending upon the seniority of the employee, he or she could be eligible for a match of as much as $35,000 per year.

Read more about State Street Corporation’s employee giving programs.

To boost your nonprofit's revenue through corporate philanthropy, check out these San Diego matching gift companies.

San Diego Companies with Matching Gift Programs

In previous articles, we dove into Atlanta matching gift companies and New York matching gift companies, but for this article, we’ll take a look at a west coast market.

California is home to many of the country’s most socially responsible companies. Because of this, California nonprofits are well-positioned to take advantage of matching gift programs.

As the 17th largest metropolitan area in the United States, San Diego is home to many leading companies. Nonprofits in San Diego can benefit from increased revenue by focusing on employee matching gift programs. If your nonprofit is located in the San Diego area, take a look at these major matching gift employers in your area:

  1. Qualcomm
  2. Kaiser Permanente
  3. Sempra Energy
  4. LPL Financial Services
  5. United Technologies Corporation

Matching gift and volunteer grant programs are widely offered employee benefits. In fact, 65% of Fortune 500 companies match employee donations while 40% offer volunteer grant programs. You don’t want to miss out on these important revenue opportunities.

Ready to get started? Let’s explore a few companies in San Diego which match employee donations!

1. Qualcomm

Qualcomm, a San Diego matching gift company, offers matching gifts and volunteer grants.

With approximately 13,000 employees in the San Diego area, Qualcomm is one of the largest employers in the San Diego community.

Even though Qualcomm matches donations made only by full-time employees, its program is still quite generous. Annually, a Qualcomm employee can request donation matches starting at a minimum of $50. If eligible, the company will match the donation at a 1:1 ratio, doubling the employee’s gift.

Qualcomm also provides grants worth $250 whenever an employee volunteers for at least 15 hours. Employees can apply for additional grants for the same or a different charitable organization once they volunteer for another 15 hours.

However, the company has a combined limit for each employee for both their matching gift program and their volunteer grant program. Depending on the employee’s level (e.g. associate, director, etc. ), the limit ranges from $1,000 to $5,000 per year.

Learn more about Qualcomm’s matching gift and volunteer grant programs.

2. Kaiser Permanente

Kaiser Permanente employs more than 7,000 individuals in the San Diego metropolitan area.Kaiser Permanente is a San Diego matching gift company that has an annual giving campaign.

Its matching gift program varies region-by-region, but fortunately for San Diego employees and nonprofits, they do offer a match program. Every year, Kaiser Permanente offers an employee giving campaign around September or November. The program is open to full-time and part-time employees. However, retirees are not eligible.

During the annual giving campaign, they match employee donations to most nonprofits. Match amounts range from $25 up to $5,000 at a 1:1 ratio.

Learn more about Kaiser Permanente’s matching gift program.

3. Sempra Energy

Sempra Energy, a San Diego matching gift company, also offers individual and team volunteer grants.

Sempra Energy employs more than 4,500 individuals in San Diego and serves approximately 3.7 million customers in southern California, making it the largest utility provider in the San Diego area.

The company is a strong supporter of local nonprofits and matches donations to most organizations. Donations eligible for matches range from $25 to $2,500. The program is open to both full-time employees and part-time employees.

Also, Sempra Energy offers two types of volunteer grant programs:

  1. Individual volunteer grants. Employees who volunteer at least 10 hours with a nonprofit or a school may request up to $1,000, depending on the number of hours volunteered.
  2. Season of Giving team volunteer grants. During the holiday season, when teams of employees volunteer together, they can request a Season of Giving grant.

Learn more about Sempra Energy’s matching gift program.

4. LPL Financial Services

LPL Financial Services is a San Diego matching gift company that gives back to its community through several programs.

LPL Financial offers a matching gift program for its financial advisors. Through LPL Financial’s program, full-time financial advisors can request matches for donations made to most nonprofits. They can request up to $500 in matching gift funds each year.

Outside of its matching gift program, LPL Financial finds additional ways to give back to its community. A few of these philanthropic strategies include:

  • Mentoring at-risk youth.
  • Teaching productive job search techniques to unemployed individuals.
  • The Employee Volunteer Corps that organizes volunteer events.
  • And many others.

Learn more about LPL Financial’s matching gift program.

5. United Technologies Corporation (UTC)

United Technologies Corporation, a San Diego matching gift company, offers a generous matching gift program and a volunteer grant program.

In 2012, Goodrich merged with United Technologies, and as part of the merger process, the two companies combined their employee giving programs.

Now, United Technologies matches employee donations to most nonprofits. Each employee can request up to $10,000 in matching gift funds each year, as long as the request is made within 12 months of the initial donation.

UTC also offers a volunteer grant program. When employees volunteer a minimum of 60 hours at eligible nonprofits, they can request a $250 donation. Each employee can submit grant requests for up to two nonprofits per year.

Learn more about Goodrich’s / UTC’s matching gift program.


Learn how Double the Donation can help your nonprofit pinpoint San Diego matching gift companies.

How a Matching Gift Database Can Help

Corporate philanthropy, such as matching gift programs and volunteer grant programs, represent a major revenue opportunity for nonprofits. With a matching gift database like Double the Donation, you won’t overlook much-deserved revenue. Here’s how it works:

  1. Your team embeds the tool across all your fundraising channels (e.g. matching gift pages and donation pages).
  2. A donor or volunteer starts typing their employer’s name.
  3. The tool generates autocomplete suggestions for the user to select.
  4. The donor receives up-to-date info on their employer’s giving program.

Double the Donation works with nonprofits across the country, including San Diego. In the database, there are more than 20,000 companies that represent over 15 million match-eligible employees, making it the industry’s leading matching gift database.

Plus, larger nonprofits can streamline the process even more with 360MatchPro by Double the Donation. It enables email automation and drives matches to completion with live match tracking.

Think your nonprofit could benefit from Double the Donation?


While the above companies are major employers in San Diego, there are many other local companies that offer these programs. Pinpointing them takes some research, simplified with a matching gift database.

If you’re a nonprofit, check out this list of the top national companies that offer employee giving programs. Now that you know some of the major employers in your area that offer matching gifts, start boosting your revenue!

Portland Matching Gifts

Portland, Oregon Companies with Employee Matching Gift Programs

Matching Gifts Help Nonprofits?

If your donors work for a company with a matching gift program their donations can be matched be their companies. Double the Donation can help you optimize your fundraising from sources like matching gifts and double your donations overnight. Start your journey here at Double the Donation. There are many resources across the site to help nonprofits increase their fundraising.

List of Companies with Matching Gift Programs in Portland

Portland is known for it’s forward-thinking, progressive culture. Many companies have adopted these attitudes and now offer a wide variety of corporate philanthropy initiatives. Portland is the capital and most populous city in Oregon. While only 2 Fortune 500 companies are headquartered in the city, many others have a strong presence. Check with your donors to see if their companies match charitable donations.

In the meantime, check out these companies that are currently offering matching gift benefits to their employees and be sure to take advantage of this vital fundraising source.

Nike

Nike will match up to $2,500 per employee to most charitable organizations. They will also match $1,000 a year for part-time employees.

Read more about Nike’s matching gift program.

Siemens

Siemens AG will match donations on a 1:1 ratio to educational institutions. Each employee is eligible to have up to $2,000 matched by the company.

Read more about the Siemens matching gift program and volunteer grants.

U.S. Bank

U.S. Bank matches $3,000 donations to many types of nonprofit organizations. Does your nonprofit qualify?

Read more about Bancorp/ U.S. Bank’s matching gift program.

Wells Fargo

Wells Fargo will match up to $6,500 a year to educational institutions. The company also has a dynamic volunteer grant program.

Read more about the Wells Fargo matching gift program.

Want to learn more about how Double the Donation can help your organization? Read about some of our nonprofit clients here.

Minneapolis Matching Gifts

Employers in Minneapolis, Minnesota which Match Donations

Nonprofits and Matching Gift Programs

Double the Donation has received several requests asking about matching gift programs in Minneapolis. To clear up some of the confusion we created this post highlighting some of the top companies in the area that currently offer these programs. Matching gifts can increase nonprofit fundraising without asking donors to contribute more of their own funds.

List of Companies in Minneapolis with Matching Gifts

The city of Lakes just so happens to be the largest city in the state of Minnesota. 5 Fortune 500 companies are based out of the city and several foreign corporations are starting to place offices in Minneapolis. The area has an estimated GDP of around 200 billion dollars. Many of the companies with a presence in the city also offer matching gift or volunteer grant programs.

If a nonprofit has donors working for any of these companies their donations could be doubled. Check out this list of some of the companies in Minneapolis with the best matching gift programs.

Hormel Foods

Hormel Foods will match up to $15,000 a year donated to a school. They will also match up $1,000 a year per employee. Employees can donated upwards of $10,000 a year to colleges and universities and have the gift matched 1:1

Read more about Hormel’s education matching gift program.

 

General Mills

General Mills, another food industry giant, also offers matching gifts. General Mills will match gifts made up to $5,000 per employee. See if your organization is eligible.

Read more about the General Mills matching gift program.

 

U.S. Bancorp

U.S. Bancorp will match up to $3,000 annually. The company also has a volunteer grant program that will pay nonprofits $5 per hour an employee spends volunteering for their organization.

Read more about the U.S. Bancorp matching gift program.

 

Graco

Through The Graco Foundation the company provides donations to nonprofits which Graco employees support.

Each year through the Employee Giving Campaign, every contribution made by Graco employees to eligible nonprofit organizations is matched $1 for $1 by the Foundation.

Graco also offers a Dollars for Doers Program where the Foundation donates $1,000 to any eligible nonprofit organization where an employee has volunteered 50 hours or more. And the best part is that time that a spouse or dependent of a Graco employee volunteers counts toward the 50 hours.

Read more about Graco’s matching gift and dollar for doers programs.

St. Petersburg Matching Gifts

Companies with Matching Gift Programs in Tampa, Florida

Nonprofit Matching Gift Programs

Matching gifts are becoming a favorite way of giving among America’s top companies. Matching gifts are an easy way to double your current donations. Familiarize your organization staff with this list of companies.

Unfortunately, many donors are unaware that their companies have these programs. Often the responsibility falls on nonprofits to inform their donors.

List of Companies in Tampa

Tampa has a dynamic economy that relies on industry, national defense, tourism, and shipping. The city is home to several multinational corporations and Fortune 1000 companies, many of which operate employee giving programs.

Learn about the top companies in Tampa, Fl with matching gift programs. Use this list to help your organization optimize its fundraising efforts.

Honeywell

Honeywell  does not currently offer matching gift programs, but it does offer an employee volunteer grant program. Volunteers can earn up to $500 for a nonprofit by volunteering 50 hours.

Read more about the Honeywell employee volunteer grants.

Humana

Humana will match up to $1,000 for each of its employees who donate to eligible causes. The company also offers an interesting incentive for volunteers.

Read more about Humana’s employee giving programs.

Publix

Publix will match donations made between $25 and $5,000 per employee. Part-time workers and retirees are eligible.

Read more about the Publix matching gift program.

USAA

USAA will match gifts made between $25 and $500. They match on a 1:1 ratio. See if your organization is eligible.

Read more about the USAA matching gift program.

Interested in learning how Double the Donation increases nonprofit fundraising with employee matching gifts?

Nonprofit Leadership Traits

Four Simple Yet Effective Ways to Increase Matching Gift Revenue in 30 Minutes or Less

Simple Ways to Raise Money From Matching Gift Programs

Are you looking to raise more money from employee matching gift programs but don’t have much time?

If you can find 30 minutes, you can make small adjustments to enhance your organization’s matching gift strategy.

Four Easy Yet Effective Ways to Increase Matching Gift Revenue

Promote matching gifts on social media

Do you maintain Facebook and Twitter accounts for your organization? If so, odds are donors and members are scrolling through past messages on a regular basis.

Take a few minutes to create a post about matching gifts. Not only will it appear on your fans’ walls today, but your matching gift post will linger on your organization’s wall forever. Here are a few sample matching gift messages you can use.

And don’t forget, if you use a service to schedule messages in the future, go ahead and create a few matching gift messages to post automatically over the coming months.

Effort: Ten minutes

View examples of how other organizations are promoting matching gifts through social media channels.


Modify your acknowledgement letters and emails to promote matching gifts

Do you send out an acknowledgement letter to donors? If so, this is a great place to promote matching gifts.

While asking donors to “check with your HR department to see if your employer will match your contribution” still places the burden of research on them, it’s better than nothing.

If you subscribe to Double the Donation’s matching gift service, make sure you’re including a link directly to your organization’s custom matching gift website. This makes it easy for your donors to access everything they need to submit their matching gift requests.

Effort: Five minutes

View additional suggestions on ways to modify the acknowledgement letter to promote matching gifts.


Add a sentence about matching gifts to your email signature

Do you ever communicate via email with individual donors or members? If so, utilize your email signature as an easy way to remind donors to submit matching gift requests.

If you subscribe to Double the Donation’s service, link directly to the custom website we maintain for your organization. Otherwise, ask donors to “please check with your company to see if they’ll match your donation.”

Effort: Five minutes

View email signatures you should consider using.


Educate colleagues about matching gift companies in your city

Send out a list of the top companies which match donations to everyone involved with fundraising in your organization. For instance, if you sell memberships, make sure your membership sales reps receive this email. You’ll be surprised to find out that some of your colleagues have never heard of employee matching gift programs.

While you’ll only be able to include a handful of companies representing a small percentage of companies in your area that will match donations, they’re a good way to raise awareness around the potential of matching gifts.

Effort: Ten minutes

View downloadable resources you can use to educate colleagues about matching gifts.


Take your matching gift efforts a step further:

Take a tour of Double the Donation’s matching gift service to see if our service would benefit your organization.

You may also want to check out a list of additional suggested ways to promote matching gifts. While many of them are more slightly time consuming than the above suggestions, they provide greater benefits and help maximize matching gift revenue. These include:

  • Matching gift newsletter articles
  • Banner ads promoting matching gifts on thank you confirmation screens
  • Incorporate matching gifts on the “Ways to Give” page
  • Include a matching gift link on your website’s navigation bar

Readers: How does your nonprofit promote matching gifts to donors and members?

Virginia Beach, Norfolk, Newport Matching Gifts

Virginia Beach, Norfolk, & Newport News Matching Gift Companies

Did you know that matching gifts could potentially double your nonprofits current donations? Double the Donation works with nonprofits to increase their fundraising from these unique programs. We’ve created a short list of companies in the Virginia Beach, Norfolk, and Newport area that currently offer these programs.

Corporate Philanthropy in Virginia Beach

Virginia Beach is the most populous city in the state of Virginia. Several large corporations operate within this resort city, although tourism remains a driver in the economy.

To help local nonprofits navigate the sometimes difficult matching gift process we’ve created a list of a few employers in the Virginia Beach area that offer best-in-class matching gift programs.

Geico

Geico will match employee donations to most nonprofit organizations. Donations between $25 and $5,000 are eligible to be doubled by the company.

Read more about the Geico employee matching gift program.

Bank of America

Bank of America and Merrill Lynch will match donations made between $25 and $5,000. Part-time and retirees are also eligible for this program. Bank of America will match to almost all nonprofits.

Read more about the Bank of America Merrill Lynch corporate matching program.

HSBC

HSBC matches donations up to $3,500 per employee each year.

Read more about HSBC’s employee matching program.

Norfolk Southern Railway

The Norfolk Southern Railway Company is one the most generous local companies when it comes to matching gifts. They will match up to $35,000 for current employees. Retired employees can have up to $25,000 in donations matched each year.

Read more about the Norfolk Southern Railway corporate matching program.

Learn how to determine the tax-deductible amount for events for corporate matching gift programs.

Determining the Tax-Deductible Amount for Matching Gifts

If your organization derives a significant amount of funding from membership programs, annual fundraising galas, or special events, you may wonder whether those donations are eligible for corporate matching gift programs.

By not promoting matching gifts to donors, your organization may be leaving money on the table. In almost every case, the tax-deductible amount of nearly all cash and stock contributions is eligible to be doubled through employer matching gift programs.

To take advantage of these important revenue opportunities, go over the following key subjects:

  1. The Relationship Between Tax-Deductible Contributions and Matching Gifts
  2. Calculating the Tax-Deductible Amount for Matching Gifts
  3. How a Matching Gift Database Can Help

Need a refresher on corporate philanthropy? Visit our guide to learn more about corporate matching gift programs. Otherwise, let’s get started!
Tax-deductible donations are fairly straightforward when requesting matching gifts.

1. The Relationship Between Tax-Deductible Contributions and Matching Gifts

When nonprofits have membership programs or host special events, there should be a defined tax-deductible amount listed. This should be a specific dollar amount. Also, it should be above the fair market value (FMV) of any benefits received.

That way, attendees and their employers know the specific amount for IRS income tax reporting purposes. The tax-deductible amount of the donation, event ticket, or membership is also what donors should submit to their employers when requesting a match.

It’s the responsibility of the organization to determine the tax-deductible amount and inform event attendees or its program’s members.

For instance, for events, the tickets should have a line similar to the following: “Did you know that $X of your ticket is tax-deductible? If your employer has a matching gift program, this amount might be eligible to be matched.” To learn other ways to promote matching gifts to attendees, visit this guide about matching gifts for special fundraising events.

Now that you know the tax-deductible amount of contributions can be matched, let’s dive into how to calculate it.
Calculating the tax-deductible amount for matching gifts requires the nonprofit to determine the fair market value of the benefits.

2. Calculating the Tax-Deductible Amount for Matching Gifts

As previously stated, it’s up to the nonprofit organization to determine the tax-deductible amount of each contribution. The first step is to determine the FMV of the benefits received.

There are a few ways to do this. Start by comparing the benefits received by the donor with what those benefits would cost if it were not a fundraiser.

For example, let’s say you charge $500 for an annual gala ticket. At the gala, there’s a performance by a well-known band as well as a five-course dinner. Let’s say the nonprofit determines the dinner would cost $50 from a local restaurant while a ticket to see the band would cost $100. In this case, the fair market value of the gala ticket would be $150. Therefore, the tax-deductible amount of the ticket would be $350.

Donors should use this fair market value, rather than the overall purchase price, on their company’s matching gift form.

While each organization has full discretion in determining the FMV, the key is to ensure the values placed on each benefit are reasonable. For instance, is it reasonable for a steak and lobster dinner with dessert to cost $10 at a five-star restaurant?  Probably not. An appropriate method is to take a look at the menu of a local restaurant and use its pricing as guidance.

Calculating the FMV isn’t an exact science. It could vary by several dollars and any amount within a reasonable range would be acceptable for government reporting and matching gift requests. The important part is that your organization is taking a fair and honest approach when estimating the FMV.
A matching gift database simplifies the process of determining which donors have employers who will match gifts for the tax-deductible amount.

3. How a Matching Gift Database Can Help

When hosting event fundraisers or heading a membership program, nonprofits might overlook corporate giving opportunities. Corporate philanthropy is vital for nonprofits. Missing out on these opportunities can be detrimental to an organization. That’s where Double the Donation, the industry-leading matching gift database, can help!

By adding a matching gift database to your tech toolkit, your nonprofit won’t overlook revenue from corporate giving programs. For instance, Double the Donation:

Before your event, research your attendees’ employers. You’ll be able to pinpoint which donors are matching-gift eligible. That way, you’ll know who to approach about corporate giving at your event. Whenever someone signs up for your membership program, your team can see which donors might be match-eligible, too! Then, you can reach out to them.

Plus, larger nonprofits might benefit even more from 360MatchPro by Double the Donation. This tool streamlines the process by automatically identifying match-eligible donors in a comprehensive database, following up with them until they complete the match process, and even creating an automated plan for matching gifts! Either tool is great for pinpointing corporate giving opportunities.


Many different types of donations to your organization have a tax-deductible component that can be submitted to corporate matching gift programs. Make sure you’re communicating this with your donors.

Now that you know more about tax-deductible contributions, relay this information to your team and supporters. Start boosting your nonprofit’s matching gift revenue now!

Learn about the top companies in New York City with matching gift programs.

New York Companies with Matching Gift Programs

Since Double the Donation’s nonprofits clients come from across the country, we thought it would be beneficial to highlight a few select matching gift companies in key markets. As New York City is the most populated metropolitan area in the country, we decided to highlight this city first.

Like most major markets, New York is home to many large employers, many of whom offer matching gift programs. With so many Fortune 500 companies calling New York home, many employees in the New York metropolitan area work for companies with matching gift or volunteer grant program. Is your organization tapping into this source of corporate giving?

We’re going to look at the matching gift programs of the following companies:

  • Verizon
  • JPMorgan Chase
  • IBM
  • AIG
  • Phillip Morris

Follow along for a look at New York City’s corporate philanthropy and the tools you can use to discover these opportunities.

Learn about New York City's corporate philanthropy statistics.

Statistics on New York Matching Gift Companies

If you dig into your organization’s database of corporate donors from the past few years, you’ll probably notice you received matching gifts from a variety of companies. Some are probably headquartered in your area while others may have a much smaller presence. Here are a few statistics on the New York market that may interest you:

  • 45 Fortune 500 companies call New York home.
  • 90% of Fortune 500 companies have a presence in New York.
  • 65% of Fortune 500 companies match donations made by their employees.
  • 40% of Fortune 500 companies offer volunteer grants for employees.

Learn how to discover matching gift programs in New York City.

Discovering Matching Gift Opportunities in Metropolitan Areas

The fact that New York has major matching gift opportunities means little if nonprofits don’t capitalize on them. If you’re like most organizations, you probably aren’t reaching your full corporate philanthropy potential.

A great place to start is making sure everyone in your organization is familiar with the largest employers in your area. If you want to take it a step further, however, consider providing donors and volunteers with detailed information about their employer or their spouse’s employer. There are two platforms to help you do this:

  • 360MatchPro: A marketing automation platform suited for nonprofits looking to improve their existing matching gift processes. With the software, your organization can automatically identify and contact eligible donors regarding matching gifts
  • Double the Donation’s Premium Plan: An industry-leading matching gifts database well suited for organizations beginning to solicit matching gifts. With the platform, you’re able to embed the searchable database directly within your organization’s website or donation form. 

If either of these options seems like a good resource to supplement your organization’s processes, sign up for a 14-day free trial with Double the Donation. With that, continue reading for a look at New York City’s top 5 companies with matching gift programs.

Follow along for a list of the top companies in New York City with matching gift programs.

Companies in New York with Matching Gift Programs

Check out the top companies in New York City with matching gift programs.

Of the top companies in New York City, those highlighted offer matching gift or volunteer grant programs. It would be difficult to go into detail regarding every company in New York offering matching gift programs, so we’ve highlighted some of the area’s largest employers for this list. 

Based on the current Fortune 500 list, JPMorgan Chase and Verizon are the two biggest companies in New York City.  Both offer matching gift programs. Further, we’ve included AIG, IBM and Phillip Morris, each of which is a large employer in the city offering matching gift programs.

VerizonVerizon is a top company in New York City with a matching gift program.

 

Verizon offers both a matching gift and volunteer grant program for employees. The company matches up to $5,000 to schools and $1,000 to all other nonprofits per employee each year.

Additionally, through the Verizon Volunteer Incentive Program, employees who volunteer for 50 hours in a calendar year can request a $750 grant for an organization.

Learn more about Verizon’s employee giving programs.

 

JPMorgan ChaseJP Morgan Chase is a top company in New York City with a matching gift program.

JPMorgan Chase offers both a matching gift and volunteer grant program. The company matches up to $1,000 per employee or retiree each year to pretty much any school or nonprofit.

The company also offers a tiered volunteer grant program where grants average $10 per hour volunteered. The grant amount varies based upon the number of hours an employee volunteers.

Learn more about JPMorgan Chase’s employee giving programs.

 

IBMIBM is a top company in New York City with a matching gift program.

 

IBM also offers multiple types of employee giving programs. Not only does the company offer matching grants on donations and cash grants for volunteering, but it also allows nonprofits to receive a significantly larger donation if the organization elects to receive IBM technology instead of cash.

For instance, IBM offers a 2:1 technology grant on employee donations. This means that if an IBM employee donates $500 to your organization, you can receive $1,000 in IBM equipment or $500 in cash.

Learn more about IBM’s employee giving programs.

 

American International Group (AIG)AIG is a top company in New York City with a matching gift program.

AIG focuses its philanthropic efforts on three main groups of giving:

  • Safety – auto safety, disease prevention, programs that help prevent improper use of prescription drugs
  • Security – financial and educational programs that drive safety
  • Disaster Relief – including support of disaster preparedness and repair of infrastructure in the wake of a catastrophe

AIG has a matching gift program with a minimum match of $25 and a maximum of $10,000 per employee per year.

Learn more about AIG’s employee giving programs.

 

Philip Morris (Altria Group)Phillip Morris International is a top company in New York City with a matching gift program.

 

Philip Morris gives back to its community by donating to organizations with a presence in the areas in which its employees live and work, as well as in the farming communities where it sources its tobacco. The company focuses its charitable giving in five areas in particular:

  1. Hunger and extreme poverty
  2. Education
  3. Rural living conditions
  4. Domestic violence
  5. Disaster relief

Philip Morris has a matching gift program in place where the minimum amount matched is $25 and the maximum amount matched is $30,000. It also has a volunteer grant program that allows a $500 grant to be given to an organization after an employee has volunteered a minimum of 25 hours at that organization.

Learn more about Philip Morris’ employee giving programs.

 

Other NY based Fortune 500 companies with employee matching gift and volunteer grant programs include:

Bottom line: Many of New York’s leading employers match donations employees make to nonprofits. Make sure everyone in your organization’s membership and development offices are familiar with major employers in your area that match employee donations.