As part of a corporate philanthropy programs, companies of all sizes will match donations that their employees make to charitable organizations. When an employee makes a donation, they request a match from their employer, who then makes a donation to the same organization
Companies usually match donations at a 1:1 ratio, but some will match at a 1:2, 1:3, or even a 1:4 ratio.
Many employers sponsor matching gift programs and will match any charitable contributions made by their employees. ... If your company is eligible, request amatching gift form from your employer, and send it completed and signed with yourgift. UNH Foundation will do the rest.
A matching gift is a donation made to a non-profit which is tied to a separate contribution by another donor. Since the prospect of a matching gift encouragesdonations, many companies offer matching gift programs to motivate employee contributions to non-profits.
Are matching gifts tax deductible?
The IRS deems donations to eligible 501(c)3 nonprofit organizations as tax deductible. ... Since a matching gift is a donation companies can deduct theirmatching donations from their reported income, decreasing reported income means a company will not have to pay taxes on the donated money
A matching gift is a charitable donation by a corporation that matches an employee's donation to an eligible nonprofit organization, most often dollar for dollar. ... In addition, 65% of Fortune 500 companies offer a matching gift program, and some companies even double, triple, or quadruple donations!
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