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Eight companies with generous employee matching gift programs

November 26th, 2012 Posted in Information

General Electric1. General Electric

In 1954, the GE Foundation created the Corporate Alumni Program, the first corporate gift-matching program. Today, the GE Foundation matches over $35 million annually to all 501(c)(3) organizations and accredited educational institutions (including K-12).

Highlight: GE created the model for corporate employee matching gift programs.

Click here for details on General Electric’s matching gift program.

Soros Fund Management Logo2. Soros Management Fund

Soros Management Fund offers the most generous limits on corporate matching gift programs. The company’s 3:1 match for employees and 2:1 match for partners is a strong incentive for employees to give back to their communities.

Highlight: The company matches up to $300K in annual donations per employee. This is by far the largest limit for any corporation.

Click here for details on Soros Management Fund’s matching gift program.

3. BP

BP offers practically every type of employee giving program and allows the general public to track which organizations are receiving donations in real time. The company offers a standard 1:1 match on all donations made by employees.

Highlight: The company also provides a 100 percent match on all money raised by employees for charity runs, walks, etc.

Click here for details on BP’s matching gift program.

4. The Ford Foundation

Ford Foundation Logo

The Ford Foundation is a private foundation which was originally funded by the Ford family. It has since sold off its Ford holdings and is no longer affiliated with the Ford Company. With over $10 billion dollars in assets, it is one of the most influential foundations in the world.

Highlight: A 3:1 match on all donations made by employees quadruples an employee’s donation to any nonprofit.

Click here for details on the Ford Foundation’s matching gift program.

State Street Logo5. State Street Corporation

State Street also offers nearly every type of employee giving program. The company matches donations made to almost all nonprofits.

Highlight: State Street matches the fundraising efforts of its employees up to $1,000 annually.

Click here for details on State Street’s matching gift program.

ExxonMobil Logo

6. ExxonMobil

ExxonMobil donated over $278 million to charities in 2011 making it one of the largest corporate donors.

Highlight: A 3:1 match on donations to educational institutions (1:1 match to all other organizations) contributed to the company dedicating over $120 million to education in 2011.

Click here for details on ExxonMobil’s matching gift programs.

CarMax Logo7. Carmax

Carmax matches donations to nearly every nonprofit. The company also offers a very generous volunteer grant program in addition to their 1:1 match on all donations.

Highlight: Carmax matches donations made by an employee’s dependents until they turn 26.

Click here for details on Carmax’s matching gift programs.

Johnson & Johnson Logo8. Johnson and Johnson

Johnson and Johnson matches donations to nearly every nonprofit. Each of the company’s 120,000 employees plus all retirees are eligible to request up to $10,000 annually in matching gift funds.

Highlight: A 2:1 matching ratio for current employees and a 1:1 rate for all retirees.

Click here for details on Johnson & Johnson’s matching gift programs.

 

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