| Matching gifts are a great way for your volunteers | | | | matching funds to schools and arts and culture |
| and supporters to help your nonprofit organization. If | | | | organizations provided they are nonprofits and |
| they work for a company that has a matching gift | | | | recognized as tax-exempt under Section 501(c)(3) of |
| program, their cash donation may be eligible to be | | | | the Internal Revenue Code. |
| matched by their employer. | | | | The human resources department will give the |
| Most large corporations encourage volunteerism and | | | | employee a form to submit to the nonprofit |
| charitable giving and are willing to match, dollar for | | | | organization when the employee makes the |
| dollar, the amount of money that their employees | | | | monetary donation. An officer of the nonprofit will |
| donate to nonprofit organizations and charities. Some | | | | then verify that they are a nonprofit organization and |
| employers will even match employee contributions to | | | | the amount donated and then send the form to the |
| a greater degree. | | | | employer. The employer will then send a matching |
| There is paperwork involved and the employee who | | | | amount of money to the nonprofit organization. |
| wants to make the donation must get the process | | | | Some larger corporations use a third party in this |
| started. The human resources department of the | | | | process to handle all the transactions. It can often be |
| corporation will have the information for the | | | | done securely online as well. |
| employee. Every business will have its own policy on | | | | Along with matching monetary donations, some |
| matching gifts. Sometimes these are also called "cash | | | | corporations will match volunteer hours with a cash |
| grants" or "matching grants." | | | | amount. For example, a well-known coffee house will |
| The employer may have stipulations such as the | | | | donate $10 for every qualified volunteer hour worked |
| minimum donation to be matched is $25.00 and the | | | | by their employees. |
| maximum is $1000.00 per employee each year or | | | | Corporate matching gifts are often overlooked by |
| other limits. It is up to the employer. The employer | | | | smaller nonprofit organizations as a way to receive |
| can match dollar per dollar or any amount they | | | | cash donations. However, it is definitely a fund-raising |
| specify. They may also specify what kind of | | | | method that should be a part of any non-profit's |
| nonprofit organization is eligible for matching gifts. For | | | | fundraising strategy. |
| example, a well-known media corporation, gives | | | | |