What is a Company-Matched Donation?
A company-matched donation program is an initiative where employers commit to matching the charitable donations made by their employees. This means that when employees contribute to a nonprofit organization, their employer will donate an equivalent amount to the same cause. These programs are designed to encourage philanthropy among employees and significantly enhance the impact of their contributions by effectively doubling the financial support provided to charitable endeavors.
Each organization has a specific matched donation program with unique terms and conditions. These might include the matching ratio (e.g., 1:1, 2:1), the types of eligible organizations, and any restrictions on the donation amount or frequency. Employees interested in participating should carefully review their company’s guidelines to ensure they maximize the potential impact of their donations.
Did you know that more than 26 million individuals in the United States alone are eligible for matching gifts? Approximately 65% of Fortune 500 companies offer employee donation matching programs, resulting in an estimated $2-3 billion donated annually through these initiatives. However, an additional $4-7 billion in potential matching funds may go unclaimed each year due to lack of awareness. In fact, a large percentage of donors are unaware if their company offers a matching gift program. Studies show that 84% of donors are more likely to give if a match is offered, and one in three say they would give a larger gift if matching is applied to their donation.
Making a Matched Donation
Consider supporting children in hospitals by making a matched donation to Games For Love. This 501(c)(3) charity is dedicated to providing medical relief, play therapy, and STEAM (Science, Technology, Engineering, Arts, and Mathematics) education to children in need. For every $1 donated, Games For Love is able to reach one additional child with their life-changing programs. They have positively impacted 4.25 million children across 10 countries worldwide.
Your contribution to Games For Love can go even further by leveraging your company’s matched donation program. Whether your employer matches dollar-for-dollar or offers an even higher ratio, your support can help this organization continue its mission to transform lives and bring hope to children facing medical challenges.
How to Participate
- Verify Eligibility: Check your employer’s matched donation program guidelines to confirm eligibility criteria and understand the process.
- Make Your Donation: Visit Games For Love’s website to make a direct contribution.
- Submit Your Match Request: Follow your company’s process for requesting a match, which might involve filling out a form or submitting proof of your donation.
- Double Your Impact: Once approved, your employer’s matching funds will amplify the impact of your generosity.
By making a matched donation to Games For Love, you’re not just giving; you’re creating a ripple effect of kindness and support that reaches children who need it most. Join this incredible initiative and make a lasting difference today.
