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 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.

Find out what happens when two spouses, who both work at matching gift companies, donate to a nonprofit.

Matching Gifts: When Spouses Both Donate to a Nonprofit

For most nonprofits, the topic of matching gifts is confusing enough as it is. However, the fine print can make it even more confusing, often turning donors away from taking advantage of corporate philanthropy. For instance, what happens when two spouses (both of which work for companies with matching gift programs) submit matching gifts separately to your organization?

Oftentimes, when a nonprofit’s fundraising team can’t find out the answer, the organization gives up when it could have received both matches. To fully understand situations like this, let’s dive into a few key questions:

  1. Are Both Spouses Eligible to Receive a Match for the Same Organization?
  2. How Can Nonprofits Promote Matching Gift Programs for Spouses?
  3. How Can a Matching Gift Database Help Identify These Opportunities?

Corporate philanthropy, like matching gift programs, is vital to nonprofit success. Let’s dive into common matching gift guidelines for situations like this.
When two spouses work for matching gift companies donate to your nonprofit, are they both eligible to have their donations matched?

1. Are Both Spouses Eligible to Receive a Match for the Same Organization?

In most cases, both spouses are able to submit a matching gift request to their respective employers. Assuming the standard case where companies match donations dollar-for-dollar, a single donation would effectively be tripled. We rarely, if ever, see a rule preventing a gift from being matched by multiple companies.

A more common occurrence is for both the husband and wife to work for the same company that offers matching gifts. If that’s the case, one of three things typically occurs:

  1. The company will provide a double match. For example, rather than matching at a 1:1 ratio, the company will match at a 2:1 ratio.
  2. The company will provide the same matching gift ratio but will double the limit. For instance, instead of matching all donations up to $5,000 annually, the company will match donations up to $10,000 annually.
  3. The company provides the couple with the same benefit that an individual employee receives.

To stay up-to-date on your donors’ matching gift eligibility, jump ahead to learn about matching gift databases.
Learn how your nonprofit can promote matching gift programs to donors who are spouses.

2. How Can Nonprofits Promote Matching Gift Programs for Spouses?

Your organization may already incorporate many of our top ways to promote employee matching gifts, but don’t forget to also promote matching gifts for spouses.

For instance, do you provide donors with acknowledgement letters after they submit the matching gift request or upon receiving the actual grant from the company? If so, that would be a great time to encourage donors to ask their spouse if his or her company offers a matching gift program, too.

Simply reminding them that their donation could make even more of an impact increases the likelihood that they’ll look into it. Once a donor has gone through the match request process themselves, they’ll realize how straightforward it is.

From here, ask them to also find out if their spouse’s employer offers a similar program so the donation can be tripled! Since they’ve gone through the simple match request process themselves, they can relay the necessary information to their spouse.

Remember, if you subscribe to Double the Donation’s service, direct your supporters to your organization’s matching gift and volunteer grant webpage with our tool. That way, they can instantly determine their eligibility and submit the appropriate forms.
Learn how a matching gift database can clear up guidelines for donors who are spouses and both work for matching gift companies.

3. How Can a Matching Gift Database Help Identify These Opportunities?

While most employers will match both donations made by spouses, company guidelines do vary. As a nonprofit professional, you’ll need to stay on top of your donors’ personal data, such as their eligibility for matches through their employers. The research phase is an ongoing, arduous process. That’s where Double the Donation, the industry’s leading matching gift database, can help!

With Double the Donation, both your nonprofit team and your donors can instantly receive up-to-date information on their employers’ giving programs. This includes available guidelines, forms, requirements (e.g. donation minimums and maximums), and other relevant information. Plus, it easily integrates with other software, so you won’t have to worry about transferring all your data.

For larger organizations, check out 360MatchPro by Double the Donation. This comprehensive software enables email automation, customizable matching gift tracking, and other useful automation features!

With either platform, your nonprofit won’t miss out on important corporate giving opportunities. Whenever two spouses donate to your organization, they’ll instantly know if they are both eligible for matches through their employer, simply by searching their companies’ names. No more confusion on anyone’s part!

Think your organization could benefit?


Matching gifts are not something your nonprofit wants to overlook. They’re fairly straightforward to acquire, but it can get tricky when two spouses both donate to your nonprofit. In some cases, they work for separate matching gift companies, and in others, they work for the same company. It’s all about making sense of companies’ guidelines.

Now that you know typical outcomes and how to identify these opportunities, start maximizing your matching gift potential!