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T event reported): February 15, 2011 Solitron Devices, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of Incorporation) 001-04978 (Commission File Number) 22-1684144 (IRS Employer Identification No.) 3301 Electronics Way, West Palm Beach, Florida (Address of Principal Executive Offices) 33407 (Zip Code) (561) 848-4311 (Registrant s Telephone Number, Including Area Code) (Former Name or Former Address, if Changed Since Last Report) Check.

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A match ratio is how much a company will donate in relation to the amount of the employee's contribution. A 1:1 match is most common, indicating that the company will donate the exact same amount as their employee did to the same nonprofit.

A 2:1 match means that for every contribution that you make, your company will write a check to the organization for double the amount. For example, if you donate $100, your company will contribute double, i.e., $200 to the organization in the case of a 2:1 match.

In most cases, companies choose to match donations at a dollar-for-dollar rate (otherwise known as a 1:1 ratio). When a program offers a 1:1 ratio, an employee will donate to an eligible nonprofit, submit their matching gift request to their employer, and then their company will match that gift with the same amount.

Corporate matching gifts are a type of philanthropy in which companies financially match donations that their employees make to nonprofit organizations. When an employee makes a donation, they'll request the matching gift from their employer, who then makes their own donation.

If you don't know how your company's match program works, contact your Human Resources department today! Don't forget to ask if they allow employees to volunteer their time with local charities.

In short, matching gifts is a simpler way of enacting corporate donations, allowing corporate giving revenue to be more evenly distributed to a wider range of nonprofit recipients. When an employee shows their employer which causes they care about, companies know how to allocate their giving budget.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232