Sarah Ford | September 9, 2014

Considering a Matching Gifts Program for Your Small Business

By Adam Weinger,

The Basics

You want to launch a matching gift program at your small business?听 Great!听 Before we dive into听HOW, I thought it might be helpful to听quickly review the basics.听

Matching gift programs are a type of corporate giving program in which an employer matches an employee鈥檚 donation, generally dollar for dollar, to eligible nonprofit organizations. For example, if a听听employee donates $500 to an eligible nonprofit, then all the employee needs to do is submit a matching gift request form, and BoA will write a check for $500 to that same organization, literally doubling the donation to a total of $1,000!

Some companies match donations as little as $25 and others as high as a $300,000! We know听that not all businesses can make these kinds of financial commitments (). But because the decision about much to match听is yours to make, smaller听businesses听can still participate in听this kind of听giving even with fewer financial resources (as is outlined in this blog by 糖心视频鈥檚 Charities).听

TheBusiness Benefits

One of the best reasons for having a matching gift program is how it can help enhance employee pride. There are various studies that have been conducted by research organizations on the impact of corporate giving programs (like matching gifts) on employee engagement and retention. 听

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