Corporate Employee Matching Gift Programs:
What are they and how do they benefit Missionary Flights?
What are corporate matching gift programs?
Corporate matching gift programs are charitable giving programs setup by corporations in which the company matches donations made by employees to eligible nonprofit organizations. For example, if a donor works for Bank of America and donates $100 to Missionary Flights, Bank of America will double the donation by also writing a check for $100.
Thousands of companies offer matching gift programs. A few examples include:
Johnson & Johnson – Triples donations with $2:$1 matches for current employees while also doubling donations for retirees.
Bank of America – Matches donations $1:$1 up to $5,000 annually per employee.
Home Depot – Matches donations $1:$1 up to $3,000 annually per employee.
The impact of these programs can be substantial! In 2011, Microsoft matched $48.9 million worth of employee donations to schools and 501(c)(3) nonprofits. Did you know that more than 15 million employees work for companies with matching gift programs?
Want to help Missionary Flights?
Increasing fundraising from matching gifts isn’t rocket science. Last year we received $500,000 matching gifts which helped us raise $1,000,000 for the Hospitality Park. We know many of our donors work for companies with matching gift programs and we’re excited to know what could be raised from these programs. We currently have a $1,000,000 match for the Hospitality Park and a $25,000 match for the General Fund. If we meet these goals, we’ll be able to better stand in the gap for affiliated missions in Haiti, the Dominican Republic, and the Bahamas.
Make sure to check with your companies HR as there are many additional companies out there who offer volunteer grant programs.
We wish we could submit the required form for you, but unfortunately the employee must submit it. We appreciate you taking five minutes to double your donation.