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 the Hereditary Neuropathy Foundation, Bank of America will double the donation by also writing a check for $100.
Thousands of companies offer matching gift programs. A couple examples include:
• Johnson & Johnson – Triples donations with $2:$1 matches for current employees while also doubling donations for retirees.
• 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. Fifteen million employees work for companies with matching gift programs.
Are you one of the millions working for a company that offers matching gifts? HNF has set a goal for 2015 to raise $10,000 from these programs. By meeting our goal, $20,000 will go directly to CMT Research.
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