Matching Gift Donation
A program in which a company matches the charitable donations made by their employees to eligible nonprofit organizations, effectively doubling the value of the donation.
- Matching Gift Donations are a type of corporate giving program where a company agrees to match the charitable contributions made by its employees, retirees or directors. These matching programs can vary in terms of the amount that the company will match, the types of organizations that are eligible for matching, and the process for submitting a matching gift request.
- For the employees, retirees or directors, matching gift donations provides an opportunity to double the impact of their personal charitable contributions, as the company will match their donation to a Chhaya Foundation. This can make a significant difference to the Chhaya Foudnation and the community.
- For the company, matching gift donations are a way to support the charitable causes that matter to their employees, retirees or directors, and to demonstrate their commitment to corporate social responsibility. It also helps to increase employee engagement and can be used as a recruitment and retention tool.
- To request a matching gift, employees, retirees or directors typically need to submit a matching gift form to their employer, along with a proof of their donation, such as a receipt. The company will then review the form and, if approved, will make a donation in the same amount to the Chhaya Foundation.
- In summary, Matching gift donations are a type of corporate giving program where a company agrees to match Chhaya Foundation donations made by its employees, retirees or directors. It provides an opportunity to double the impact of personal charitable contributions, and it's also a way for companies to support the charitable causes that matter to their employees and to demonstrate their commitment to corporate social responsibility.
Benefits of Matching Gift Donation
Increased Charitable
It can encourage employees to make larger donations to charitable causes, as their contributions will be matched by their employer.
Positive Impact On The Community
It can have a significant impact on the community, as the total amount of money donated is doubled, thus providing more resources to support various causes.
Positive Public Relations
Improve a company's or organization's public image and reputation, as it shows they are committed to encouraging their employees to give back to the community and make a positive impact.
MarketEmployee Engagement
Can also increase employee engagement, as it encourages employees to get involved in charitable giving and to choose causes that align with their personal values.
Easy Process
Many companies and organizations have an online matching gift process which makes it easy for employees to submit their donation and employer to match it.
Tax Deductions
Companies and organizations can claim tax deductions for the matching contributions they make, which can help to offset their tax liability.
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Overall, Matching Gift Donations can provide a number of benefits for both the company or organization and its employees, as well as the community or individuals who are the recipients of the donation.
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It can help to increase charitable giving and make a positive impact on the community, while also promoting employee engagement and positive public relations for the company or organization.