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3. Corporate Volunteer Matching Gift Partnerships. Volunteer matching is when corporations will donate a certain amount of money depending on how many hours the employee has volunteered for. In other words, employees can have volunteer hours matched with their company's dollars.
Price ratio of the match: , or (the ratio means, for example, that for every dollar the individual donates, the matching donor contributes $2) 2. Maximum size of the matching gift across all donations: $25,000, $50,000, $100,000 or unstated. 3.
We recommend using Matching Gifts, Double your Donation, or Matching Gift Company Search. On the other hand, we don't recommend nonprofits use wording such as Corporate Matching or Corporate Giving since these don't resonate with individual donors.
The restrictions of matching gift donations vary from company to company. Some have opportunities for all employee types from part-timers to retirees. Others require that the employee be full time. A program will have a maximum and a minimum match amount.
Best Practices for Leveraging Matching Gift UpsellsProvide access to matching gift program data. One of the best ways to encourage matching gift upsells is by sharing company-specific matching gift details with donors.Incorporate suggested donation sizes.Look for software that automates the upsell process.
You just have to talk to them. You see, getting a matching gift is easier than you think! Start close to home with those most involved in your organization. Ask Board members if anyone would be willing to give the initial match. Break down what a matching gift is and why it works.
Question #3: How is the matching gift process structured?Make a donation to a nonprofit.See if either your employer or your spouse's employer has matching gift programs.Find the correct paperwork or the URL to submit a matching gift from the company and submit any necessary items.
The last consideration corporate matching gift programs typically make is whether or not the nonprofit organization received the donation. In most cases, your organization will receive an email or letter containing paperwork the matching gift program will use to determine whether the donor's gift will be matched.
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.