Corporate Giving Programs: The Ultimate Fundraising Guide
What is a corporate giving program?
Corporate giving programs allow companies large and small to make investments in social good. These programs are a form of corporate philanthropy that facilities charitable giving to nonprofit causes. These programs are often driven by employee giving: the more employees contribute to philanthropic organizations, the more their company will donate.
Types of Corporate Giving Programs
The top types of corporate giving programs are Matching Gifts and Volunteer Grants.
Matching gifts occur when a company contributes to a nonprofit that an employee donates to, usually matching their donation at a 1:1 ratio. However, some companies will match gifts up to a 4:1 ratio!
Volunteer grants are corporate giving programs that encourage employees to volunteer their time and efforts in their communities. Companies will provide monetary grants to organizations where their employees regularly volunteer.
In addition to these types of corporate giving programs, there are many others that can also benefit nonprofits. Check out the complete list below:
|Types of Corporate Giving Programs||Fundraising Potential||Learn More|
|Matching Gifts||✔✔✔||Jump to this section.|
|Volunteer Grants||✔✔✔||Jump to this section.|
|Fundraising Matches||✔✔||Jump to this section.|
|Dollars for Doers||✔✔||Jump to this section.|
|Team Volunteer Grants||✔✔||Jump to this section.|
|Community Grants||✔||Jump to this section.|
|Volunteer Support Programs||✔||Jump to this section.|
|Automatic Payroll Deductions||✔||Jump to this section.|
|Annual Grant Stipends||✔||Jump to this section.|
|Internal Employee Fundraising||✔||Jump to this section.|
|Annual Giving||✔✔||Jump to this section.|
|Employee Product Donations||✔||Jump to this section.|
Top Companies for Corporate Giving Programs
Corporate social responsibility is on the rise and, as a result, many companies now offer corporate giving programs. These programs range from matching gifts and/or volunteer grants to a variety of other program models. Check out the top 10 companies for corporate giving:
|COMPANY||MAXIMUM MATCH AMOUNT||LEARN MORE|
|Disney||$25,000||Disney’s corporate giving program|
|Apple||$10,000||Apple’s corporate giving program|
|The Home Depot||$3,000||The Home Depot’s corporate giving program|
|IBM||$5,000||IBM’s corporate giving program|
|$12,000||Google’s corporate giving program|
|General Electric||$5,000||General Electric’s corporate giving program|
|Bank of America||$5,000||Bank of America’s corporate giving program|
|BP||$5,000||BP’s corporate giving program|
|Microsoft||$15,000||Microsoft’s corporate giving program|
|Intuit||$5,000||Intuit’s corporate giving program|
Our Top Corporate Giving Program for Donors: Matching Gifts
As mentioned earlier, matching gifts are a type of corporate philanthropy where companies match donations that their employees make to nonprofits. These are a great way for nonprofits to maximize their donation revenue and for donors to maximize their impact.
How do matching gifts work?
The matching gift process generally follows these steps:
- The donor makes a donation to a nonprofit.
- The donor determines if their donation is eligible for a company match using a matching gift database.
- If it’s determined their employer will match their donation, the donor can click on the link to the online forms provided by the database and submit the forms.
- The donor’s employer reviews the forms and follows up with the nonprofit to confirm the donation.
- The employer makes a matching donation.
Nonprofits can receive twice as many donations as they normally would as a result of matching gift programs. It takes little effort on the employees’ end and companies can contribute to a cause their employees care about. As a result, it’s important to actively promote matching gifts.
Our Top Corporate Giving Program for Volunteers: Volunteer Grants
As touched on before, volunteer grants are corporate giving programs through which companies provide monetary grants to nonprofits where their employees regularly volunteer.
How do volunteer grants work?
Volunteer grants come in two forms:
- A set monetary donation for every hour an employee volunteers
- A set grant amount once employees have volunteered a certain amount of time
The volunteer grant process generally follows these steps:
- The volunteer gives their time to a nonprofit.
- The volunteer determines if their time spent is eligible for a volunteer grant using a volunteer grant database.
- If it’s determined that their employer does offer volunteer grants, the volunteer can use the database to find and submit their company’s forms.
- The volunteer’s employer will review the forms and verify with the nonprofit that they volunteered.
- The employer will send the nonprofit a monetary grant.
Volunteer grants are important corporate giving programs because they provide extra support to nonprofits as a result of their established volunteers. If your organization has a regular cohort of volunteers, it’s worthwhile to have them check and determine if their companies offer volunteer grant programs.
Companies typically provide grants to one nonprofit per employee per year. However, this can still be maximized by taking full advantage of the program.
Other Types of Corporate Philanthropy Programs
Grow Your Corporate Giving Dollars: Learn More About Double the Donation
Too many charitable donations go unmatched each year. So how can your organization change this?
Nonprofits can grow their corporate giving dollars by promoting matching gifts and volunteer grant programs to their supporters. Through these corporate giving programs, donors can at least double their contribution and volunteers can make an even greater impact with their time.
Double the Donation provides several ways for organizations to integrate matching gifts and volunteer grants into their fundraising strategies.
Double the Donation offers the #1 matching gifts database, with more than 8,500 organizations using it. As the most comprehensive and up-to-date database, you can gain access to thousands of profiles that can help you connect with companies that offer matching gift and volunteer grant programs.