What is Double the Donation?
What are corporate matching gift programs?
Employee matching gift programs are a type of corporate philanthropy set up to encourage employees to give back to their communities. These companies encourage community outreach by matching employee donations to nonprofits.
These programs have become quite widespread, but many donors have not heard of them or aren’t aware of their own match-eligibility. $4-7 billion in matching gift revenue is left on the table each year, and we want to work with our donors to claim some of it.
The specifics of these programs vary from company to company, but the elements that shape these guidelines are always the same
- Match ratio: This defines what kind of donation the company will make in relation to the employee’s initial contribution. A 1:1 ratio indicates that the company will donate the exact same amount, doubling the contribution to the employee’s chosen nonprofit.
- Minimum and maximum: The minimum refers to the amount an employee must donate to qualify for a matching gift. The maximum is the total amount that a company will donate in matching contributions per employee annually.
- Employee status: Sometimes, the employee’s role at the company can affect the match that they qualify for. For example, Gap Inc. offers a $1,000 maximum to part-time employees and a $10,000 maximum to Senior VP’s.
- Nonprofit eligibility: Some programs offer different matches based on the nonprofit being donated to. ExxonMobil offers a higher match for donations made to educational institutions than for donations made to cultural organizations.
- Deadline: Every program identifies a deadline when the matching gift request must be submitted by the employee. This deadline can be either a firm date (December 31st is common) or a threshold based on the date of the initial donation (90 days after donation is made).
Corporate Gift Matching at Clark College Foundation
Does your company offer an “employer matching donation” or “corporate gift matching” program where the company matches the amount of an employee’s charitable donation? This increasingly popular benefit is a win-win because it doubles the impact individuals can make and allows companies to support causes valued by their staff.
If your company offers employer gift matching, consider donating to Clark College Foundation! If you work for a company that doesn’t offer an employer matching donation program, talk to your HR department about adding one!
Clark College Foundation Tax Information
When submitting a matching gift through your company’s electronic portal, or if your company still uses a paper form, you may need the following information.
Legal Name (as listed on our W-9)
Clark Community College District 14 Foundation
(Clark College Foundation)
Our EIN:
Tax ID: 23-7315006
Our Mailing Address:
Clark College Foundation
1933 Fort Vancouver Way
Vancouver, WA. 98663
Our Contact Information:
Email: Foundation@supportclark.org
Phone: 360.992.2301