Here at Double the Donation, we specialize in helping nonprofits increase their donations through corporate match programs, such as matching gifts and volunteer grants. Both of these programs involve a corporation matching a contribution made by their employee to eligible nonprofits, and these initiatives can be a great source of funding for local nonprofits in any city.
Today, we’re looking at Philadelphia, PA. We’re going to examine the matching gift programs of the following companies:
- Bristol-Myers Squibb
- Lincoln Financial Group
First, we’ll examine the city’s financial standing overall before diving into some of its biggest corporate philanthropy providers, and how your organization can capitalize on that.
Corporate Matching in Philadelphia, Pennsylvania
Philadelphia is the largest city in the state of Pennsylvania and the 5th largest in the US. The city boasts several Fortune 500 companies with a strong history of corporate giving, as well as the Pennsylvania Stock Exchange. This city of brotherly love is the state capital and the economic and cultural center of the state. Home to over 1.5 million people, Philadelphia has the 4th largest GDP in the United States.
In addition to headquartering some major corporations, the city is home to many nonprofit organizations that could benefit from more information about matching gift programs. Nonprofits should familiarize themselves with the top employers in their regions offering these programs.
Discovering Matching Gift Opportunities
However, to truly capitalize on the opportunities offered by corporate philanthropy programs in Philadelphia, nonprofits should consider adding a matching gift tool to their resources.
For example, 360MatchPro is a software that fully automates the matching gifts process. By automatically discovering and contacting match-eligible donors, the program handles much of the solicitation process for you. A large nonprofit looking to expand on their already-established matching gifts processes would benefit from this type of software.
However, 360MatchPro might not be the perfect solution for every nonprofit. Smaller nonprofits just beginning to explore matching gifts, for example, would benefit more from an option such as Double the Donation’s Premium Plan. With this, you’re able to embed an industry-leading matching gift database directly on your website and donation form so donors can search their eligibility. Further, eligible donors can access information through the embedded database regarding how to begin the process.
Both of these tools can prove valuable insights for organizations looking to increase their matching gift revenue. If either seems like a good fit for your nonprofit, consider signing up for a 14-day free trial.
With that in mind, explore the following list of Philadelphia’s biggest corporate philanthropy opportunities.
List of Matching Gift Companies in Philadelphia
A few of the companies located in Philadelphia offering corporate philanthropy programs are listed below.
Bristol-Myers Squibb is a pharmaceutical company founded in the 1800s. The company will match employee donations from $25 and up to $30,000. Unlike some corporations, Bristol-Myers Squibb allows retired employees of the company to have their gifts matched up to $5,000.
Read more about Bristol-Myers Squibb’s matching gift program.
Cigna is a worldwide health organization based in Philadelphia. The corporation will double any donation up to $5,000 given to special education, community, and arts organizations.
Read more about Cigna’s matching gift program.
Lincoln Financial Group
Lincoln Financial is a fortune 250 holding company based in Philadelphia. Donations between $50 and $10,000 will be matched, and almost all 501(c)(3) organizations are eligible for Lincoln Financial’s program.
Read more about Lincoln Financial Group’s matching gift program.
Sunoco doesn’t offer corporate matches at the moment, but they do have a generous volunteer grant program that will give organizations up to $250 for the hours their employees spend volunteering.
Companies with matching gift programs often will additionally offer volunteer grants. So, remember to always check into volunteer grants whenever you’re searching for corporate gifts.
Read more about Sunoco’s matching gift program.
For more information on all the companies offering matching gifts or volunteer grants, click here.