Unfortunately, the nonprofit can not make the matching gift request; the donor has to do it. The most effective action for a nonprofit to take is communicating with every potential donor about matching gifts. Here’s the point: Marketing should be the top priority for a nonprofit when it comes to matching gifts.
Can nonprofits match employee donations?
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.
How can I get matching donations?
To receive a matching gift, donors just have to submit a request to their employers. If the donor’s gift and your organization qualify, the company will send you a check for the same amount (or larger depending on the corporation’s matching gift program).
Are Matching Gifts restricted?
Although participant gifts may be restricted to a particular program, corporate matching gifts are made to organizations for their unrestricted use within the United States. Personal gifts of $25 or more are eligible and must be made directly to the organization.
How do match donations work?
A matching gift is a charitable donation by a corporation that matches an employee’s donation to an eligible nonprofit organization, most often dollar for dollar. … A $100 donation to your organization is eligible to be matched by a corporate employer, literally doubling the donation for a total of $200.
Why do employers match donations?
Matching gift programs are just one way to do that. They boost contributions and encourage employees to exceed their company’s philanthropic goals, while giving more dollars to charities.
What companies will match donations?
Top Matching Gift Companies
|Matching Gift Company||Match Ratio||Max Match Amount|
|Pfizer||Up to 1:1||$15,000|
Is Facebook still matching donations?
Facebook will be matching Giving Tuesday donations made to nonprofits or fundraisers again in 2020. Just as it did last year, the company will match $7 million in qualifying donations made on its website or app starting on Tuesday, December 1, at 8 am Eastern Time.
How do you acknowledge a matching gift?
When a matching gift claim is paid, you may want to send two letters to acknowledge the receipt of the payment: a letter to the individual who made the original gift and a letter to the organization who made the matching gift payment.
What does 2 for 1 match mean?
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.
Why are matching gifts important?
At a time when employee engagement is on the decline and corporations are depicted as greedy and insensitive, a well-designed matching gift program can help companies show their employees that they care and have shared values. While this is not the sole driver of engagement, it is an important contributing factor.
Do matching grants work?
People who received appeals with a matching grant were 22 per cent more likely to donate and the average donation was 19 per cent higher than those who received no matching offer. But when we compared the two match offers to each other, we found no difference.