Matching Gifts
Matching Gifts 2 DID YOU ? KNOW 65% of Fortune 500 companies and - - PowerPoint PPT Presentation
Matching Gifts 2 DID YOU ? KNOW 65% of Fortune 500 companies and - - PowerPoint PPT Presentation
1 Matching Gifts 2 DID YOU ? KNOW 65% of Fortune 500 companies and many other smaller companies match employee donations to a wide range of nonprofits. 3 What are Matching Gift Programs? A mat A atching g gift gift prog program is
DID YOU
KNOW
?
65% of Fortune 500 companies and many other smaller companies match employee donations to a wide range of nonprofits.
What are Matching Gift Programs?
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supp pport the nonprofits which a company’s employees are are pa pass ssion ionate e ab abou
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y mat atchi hing do dona nations ns mad ade by y em empl ployees. s.
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Can you guess which company created the world’s first matching gift program?
01 02 03 04 05 06Boeing General Electric General Motors IBM Kelloggs Proctor and Gamble
Launched the world’s first matching gift program in 1954
General Electric
$1,322,962,765
Cumulative amount matched since the program was launched
$38,100,000
Total amount matched last year
Guidelines
Components of Matching Gift Guidelines
Employee Eligibility (Full-time almost always eligible, part-time and retirees sometimes) Matching Gift Ratio (Usually 1:1. Sometimes .5:1, 2:1, or 3:1) Nonprofit Eligibility Either most 501(c)(3)
- rganizations or restricted
to certain broad categories
- f nonprofits
Submission Deadlines (6 – 12 months or Feb. / Mar. of the following year) Submission Process (Increasingly electronic) Minimums and Maximums Min: $25 – $100 Max: $1,000 – $20,000
Matching Gifts are Underutilized
Lack of Awareness
Many donors have never heard- f matching gift programs
Not front-of-mind
Matching potential doesn’t cross the minds of many donorsUnknown process
Many donors have no idea how to submit their matching giftsJust forgot
Well intentioned donors mean to submit their matches but just forgetin n matching gift ift fun unds go
- unc
unclaimed an annually.
$4-$10 Billion
We e es estim timate tha that
Top Matching Gift Companies
Which companies offer the best matching gift programs and what makes for a strong program?
What makes them so great?
Top Matching Gift Programs
Emp mployee ee Elig igib ibili ility The company matches donations from a wide range of individuals such as full-time, part-time, retirees, spouses, etc. Match ch Ratio io The company has a generous matching gift ratio. Match ch Amounts ts The company has low minimums and high maximums. No Nonprofit it El Eligib ibil ility ity A wide range of nonprofits and educational institutions are eligible. Sub ubmis issio ion Dead adlin line There is a grace period for eligible donors to submit their matching gift requests. Sub ubmis issio ion Proc- cess
Generous limits and the creator of matching gift programs
General Electric
Em Employee Elig Eligibility
Employees, retirees, and surviving spousesMatch Ra Ratio io
Dollar for dollarMatch Amounts
$25 - $25,000 annuallyNo Nonprofit it Elig Eligibility ty
Nearly all 501(c)(3) organizations or educational institutions and UK nonprofitsSub Submission Dea eadline
Registered by the donor by April 15th of the following yearSub Submission Proc
- cess
The highest employee participation rate
Microsoft
Em Employee Elig Eligibility
Full-time and part-time employeesMatch Ra Ratio io
Dollar for dollarMatch Amounts
$25 - $15,000 annuallyNo Nonprofit it Elig Eligibility ty
Nearly all 501(c)(3) organizations and educational institutionsSub Submission Dea eadline
Within 12 months of the donation dateSub Submission Proc
- cess
Fundraising matches and global employees eligible
State Street
Em Employee Elig Eligibility
Recently expanded to global workforceMatch Ra Ratio io
Dollar for dollarMatch Amounts
Up to $35,000 annually per employee based on role. Fundraising match of up to $5,000.No Nonprofit it Elig Eligibility ty
Nearly all 501(c)(3) organizations and educational institutions. Global- rganizations eligible.
Sub Submission Dea eadline
Requests that matches be submitted in a timely manner.Sub Submission Proc
- cess
Marketing Tips and Examples
What should you be doing to increase your matching gift revenue?
Use Double the Donation’s Matching Gift Tools For Free from 11/14/17 – 12/12/17
Learn more at: https://doublethedonation.com/giving-tuesday/
Keys to Increasing Matching Gift Revenue
Your nonprofit wants to both prompt donors to submit their matching gift forms and make it as easy as possible to do so. ”
“
Newsletters
Charcot Marie Tooth Association (CMTA) Email NewsletterUse our Free Matching Gift Giving Tuesday Resources: https://doublethedonation.com/giving-tuesday/
Social Media
St Strategy
Social media is a great way to engage your digitally savvy donors and volunteers to submit matching gifts. Scheduling messages on a recurring basis is an easy way to appeal to supporters without asking for an additional donation. National Kidney Foundation Facebook PostAcknowledgement Emails
St Strategy
You’re already emailing or mailing thank you letters to- donors. Modify these letters to promote matching gifts.
Dedicated Matching Gift Page
With a matching gift plugin from Double the Donation
ASPCA (American Society for the Prevention of Cruelty to Animals Dedicated matching gift page using Double the Donation’s pluginSt Strategy
Create a matching gift page for your nonprofit where you provide donors with company specific matching gift forms, guidelines, and- instructions. Then share this page
From 11/14/17 to 12/12/17 direct your donor to: https://doublethedonation.com/giving-tuesday/
Donation Pages
St Strategy
Engagement is at its highest during the donation process. It’s a great time to promote matching gifts. Raise awareness when donors are at their most receptive. Sample Donation Form – Full Search Tool Enables individuals to access matching gift forms and guidelines Sample Donation Form – Streamlined Search Added Enables individuals to enter their company then present matching gift forms and guidelines on the confirmation pageConfirmation Screens
St Strategy
New donors clearly care about your organization. Provide match information immediately after the donation process. The sooner a matching gift request is submitted after a donation, the better. Match details placed directly on the confirmation page encourage immediate action. Search for Common Ground The confirmation screen directs donors to their dedicated match page Morris Educational Foundation Adds Double the Donation’s plugin on the donation confirmation pageDouble the Donation Special Offer
Utilize Double the Donation’s tools for free during Giving Tuesday
Use Double the Donation’s Matching Gift Tools For Free from 11/14/17 – 12/12/17
Learn more at: https://doublethedonation.com/giving-tuesday/