Corporate Matching
Corporate matching is a philanthropic initiative where companies match the charitable contributions made by their employees. This practice not only amplifies the impact of individual donations but also fosters a culture of giving within organizations. According to a report by the National Philanthropic Trust, approximately 65% of Fortune 500 companies offer some form of matching gift program, which can significantly enhance the financial support for various causes.
When employees contribute to eligible nonprofit organizations, their employers may match those donations dollar for dollar, or in some cases, even double or triple the amount. This means that a $100 donation from an employee could result in a total contribution of $200, $300, or more, depending on the company’s matching policy. This multiplier effect can lead to substantial funding for community programs, educational initiatives, and other charitable efforts.
To take advantage of corporate matching, employees should first verify whether their employer participates in such programs.
Here are a handful of local companies that offer corporate matching though there are likely many more:
- Intuit - Employees should register their matching gift requests electronically at https://intuitwcgb.benevity.org/user/login or through Intuit's company intranet by searching for "matching gifts" or "we care".
- Qualcomm - Employees may be able to submit their requests electronically at https://www.cybergrants.com/pls/cybergrants/eg_login.login?x_gm_id=6814
- SDG&E (Sempra) - Employees should register their matching gift requests electronically through Sempra's employee giving portal located at https://sempra.yourcause.com
- HP - Employees should log in at https://hp.benevity.org/user/login to request a matching gift electronically.
- Illumina - Employees should submit their matching gift request electronically at https://illumina.benevity.org/user/login.
- LPL Financial - While on the company intranet, employees/donors should submit their requests electronically at https://lplfinancial.benevity.org/user/login.
- RTX - Raytheon - Employees should submit their matching gift requests electronically at https://rtx.benevity.org/user/login