Dec 19 2016 Matching Gift Program
Matching gift programs are extensions of corporate giving designed to provide a means in which businesses can support employee charitable giving. Like free money for nonprofit organizations, these programs increase the impact of your donor’s contributions. Companies of all sizes match gifts, and some donations can be tripled. Matching gift programs are often available for specific types of nonprofit organizations, including:
- Educational institutions
- Civic and community organizations
- Health and human services
- Environmental organizations
- Arts and cultural organizations
Ratios, Amounts and the Quick Submission Process
Companies apply maximums and minimums to gift matching programs. The most common minimum is $25, and the maximums generally range from $1,000 to $15,000. Most companies match donations at a 1:1 ratio. However, ratios can be set from 4:1 to 5:1. The bottom line is that a single gift matched can provide thousands of extra dollars for a nonprofit organization.
The gift matching process is quick and can be done by a donor in just a few minutes. The key is to know if your company will match a gift and where you can find the links or forms for submission. Does your employer match gifts, helping your donation make a bigger impact? If you’re unsure, ask your human resources department or check out our matching gift resource page to see if your employer will match your donation.
Why Give Now?
Now is the ideal time to give back in gratitude and the spread some goodwill. During the holiday season, many of us happily receive gifts from family and friends, and we enjoy a festive meal with all the trimmings—while others do without. By donating, you’ll be giving other people and their families the proper health care, which will allow them to share in the holiday spirit with comfort and joy. Plus, it’ll make you feel good knowing you’ve made a difference. So, go ahead and be generous this season. Donate with your heart, and your giving will warm you and many others for a long time to come. Every donation makes a difference in someone’s life.