At Double the Donation, we help nonprofits across the country discover and capitalize on corporate philanthropy programs such as matching gifts and volunteer grants. These fundraising opportunities are great opportunities for organizations to receive two donations for the effort of one.
While these programs exist across the nation, we’re going to examine one city, in particular, today–Charlotte, NC.
To help steer organizations in the right direction, we’ve listed some of the top companies located in Charlotte that offer matching gift programs. We’re going to look at the programs of the following companies:
- Bank of America
- Duke Energy
- Goodrich Corporation
- Home Depot
First, however, we’re going to explore how your organization can discover these opportunities using matching gift software.
The Best Way to Discover Matching Gift Opportunities
It’s difficult to capitalize on matching gift opportunities if your organization, and its donors, are unaware that these opportunities exist!
While many corporations offer these programs, not everyone does. Further, of those that do, each has different requirements for receiving a matched gift. Matching gift software handles much of the guesswork in building and managing your organization’s matching gift solicitation processes, whether you’re a large, established nonprofit or a smaller organization just beginning.
For example, a large nonprofit that’s intent on improving its existing processes would benefit from software such as 360MatchPro. This matching gift automation platform not only searches a donor’s match eligibility upon donation but also sends follow-up communications to eligible donors informing them how to begin the process.
Or, if you’re a smaller nonprofit just entering the world of matching gifts, a solution such as Double the Donation’s Premium Plan would be a better fit. Embed this searchable matching gift database directly on your website and donation form, and instruct donors to search their eligibility when giving.
If your organization is on the market for matching gift tools, visit Double the Donation to sign up for a 14-day free trial. With that, continue reading to learn about Charlotte’s corporate philanthropy.
Corporate Philanthropy in Charlotte
Charlotte, often called the Queen City, is the largest in North Carolina. It is a major financial center, with the 2nd most financial assets behind New York City. Bank of America is headquartered here, along with several other Fortune 500 employers. 75% of the motorsports industry is located in Charlotte, and it is home to the NASCAR hall of fame.
Charlotte has recently become a major player in the energy field and freight transportation. With this growing industry inside the city, there are ample opportunities for nonprofits to double their donations through corporate matching.
Aon, a human capital and management consulting service, will match employee donations up to $1,000. The company donates to health and human services, community and civic organizations, and many more.
Full-time employees and retired board members can have their donations matched through AT&T up to $250. All education institutions, excluding K-12, are eligible, in addition to arts and cultural institutions.
Bank of America
Bank of America, including Merrill Lynch, matches employee donations between $25 and $5,000. The company also offers a volunteer grant program which both current employees and retirees can participate in.
Donations made by employees to a wide range of nonprofits between $100 and $5,000 will be matched by the Duke Energy company. Educational institutions are matched on a dollar for dollar basis; all others will be matched at half the employee donation.
Goodrich Corporation (now part of United Technologies) matches employee donations to most nonprofits up to $10,000 per employee per year.
Home Depot has a large presence in Charlotte, and its matching gift program is one for the ranks. Home depot will match from a minimum of $25 to a maximum of $3,000 per employee per year. The company matches gifts at a 1:1 ratio.
Matching gift programs are a great way for nonprofits to increase their donations with minimal extra effort.
Charlotte has quite a few of these corporate philanthropy programs, and the above list is by no means comprehensive. Familiarize your staff with these opportunities and seek them out during your next fundraiser.