Matching Gift Programs: Doubling Donations for Greater Impact
Published on April 6, 2024
How Matching Gift Programs Work
Companies with matching gift programs encourage their employees to donate to eligible nonprofits by offering to match their donations, often dollar for dollar or at a set ratio. This means that if an employee donates $100 to a nonprofit, their company will also donate $100, making the total contribution $200.
Benefits for Nonprofits
For nonprofits, matching gift programs offer several benefits:
- Increased Donations: Matching gifts can significantly boost fundraising efforts by doubling the amount of each donation.
- Engagement: Encourages donors to give more generously knowing their impact will be doubled by their employer.
- Corporate Partnerships: Builds relationships with corporations that support charitable giving.
How Nonprofits Can Leverage Matching Gifts
To maximize the benefits of matching gift programs, nonprofits can take the following steps:
- Communicate: Educate donors about matching gift opportunities and provide clear instructions on how to participate.
- Research: Identify companies with matching gift programs that align with your cause.
- Promote: Incorporate matching gift information into fundraising campaigns and donor communications.
- Thank: Acknowledge and thank donors and their employers for participating in matching gift programs.
By leveraging matching gift programs effectively, nonprofits can amplify their fundraising efforts and make a greater impact on their missions.