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How To Double Your Impact With Employer Matching Gifts

You’ve found it!

This is the method used to fund over $18 billion (!!!) in philanthropic work last year – corporate giving programs.

While there are at least 8 different ways your employer may help your favorite cause, employer matching gifts are, by far, the most popular … and most impactful.

You can double your impact by just taking advantage of this technique.

And there’s more good news – over 65% of Fortune 500 companies have some sort of donation matching program. The vast majority of businesses match at a 1:1 ratio, too. That means your employer will give $1 for every dollar you give.

Boom. Donation doubled. World changed that much more.

So how does it work?

 

How Employer Matching Gifts Work

Each employer matching gifts program works differently, but most share a common process:

  1. 1. Check to see if your employer has a matching program and how it works
  2. (If necessary) Add your favorite charity to their list using their EIN (Project Partner’s EIN is 23-7046813)
  3. Make a donation
  4. Complete form
  5. Employer disperses funds

The most important thing to understand is how your particular company’s matching program works.

If your employer doesn’t have a matching program, suggest it. You could even volunteer to help get it started. Start by sharing this interesting article: How Corporate Giving Can Increase Employee Engagement

 

Top 10 Employers in the US With Gift Matching Programs

Here’s a list of the top companies in America with gift matching programs.

As you can see, all of them match at least 1:1 with some matching up to 3:1. These companies also offer generous limits, ranging from $6,000 – $300,000.

MATCHING GIFT COMPANY MATCH RATIO MAX MATCH AMOUNT
General Electric 1:1 $25,000
Soros Fund Management Up to 3:1 $300,000
BP (British Petroleum) 1:1 $5,000
Gap Corporation 1:1 $10,000
State Street Corporation 1:1 $35,000
ExxonMobil Up to 3:1 $22,500
CarMax 1:1 $10,000
Johnson & Johnson Up to 2:1 $20,000
Boeing Up to 1:1 $6,000
Microsoft 1:1 $15,000

 

Top Kansas City Employers with Gift Matching Programs

Since we’re based in the Kansas City area, we took a look at the top employers and the gift matching programs they offer. While many of these large companies, don’t offer gift matching, many still offer volunteer grant programs.

A volunteer grant program provides a charity organization with a donation when an employee completes a set amount of volunteer hours for that charity.

GIFT MATCHING PROGRAMS IN KC

MATCHING GIFT COMPANY MATCH RATIO MAX MATCH AMOUNT
DST Systems, Inc. 1:1 $10,000
Hospital Corporation of America (HCA) 1:1 $500
AT&T 1:1 $250

 

VOLUNTEER GRANT PROGRAMS IN KC

COMPANY VOLUNTEER GRANT AMOUNT
Cerner Corporation $500
Sprint Corp. $250
Hallmark Cards, Inc. $200

 

Matching Ratios

While most companies with a donation matching program (90% perhaps) will match dollar for dollar, many will match at different rates.

Ask your HR representative what your company’s matching policy is before you make a gift. You may even find your gift can be tripled or quadrupled!

 

Matching Limits

As with matching ratios, your employer likely has a matching gift limit.

Make sure your giving potential is maximized by checking to see your company’s matching limit before making your donation.

 

It’s Not Tool Late To Get A Match

Most companies require you to make a donation and complete paperwork before they will match a gift. That means you can likely get a matching gift for a gift you’ve already made!

Review contributions you’ve made in the past year, and make a list of the charities.

If your employer matches gifts, apply for a matching donation for gifts you’ve already made and double your impact!

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Email is your best way to stay connected with the fight to end the Poverty Crisis in rural China. When you signup, you'll receive: blog updates, stories from the field, and learn about the latest opportunities to get involved.

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