Corporate Matching Gifts: An Easy Way to Double Your Impact
Thinking about supporting the great work of Big Brothers Big Sisters of Central Texas? Or are you already participating? If so, you may be able to double your impact with one simple step – finding out if the company you work for matches donations to nonprofits. Many do. It’s an easy way to instantly double your contribution.
“It’s a gift that frequently goes unclaimed,” said Lauren Portley, BBBS Vice President of Development. “Often employees don’t realize their company will match their contribution to a nonprofit dollar for dollar. Regardless of whether you are a potential donor or a current donor, check with your Human Resources department and find out your company’s policy. It can make a huge difference to your nonprofit of choice.”
An employee matching gifts program is a win-win for all involved. “As an employee, it makes me feel empowered to be able to leverage my money, to double it,” said Thessaly Startzell, Counsel and Board Liaison of Dell Corporate Legal, Dell Inc., and a member of BBBS’ Foundation Board of Directors. “Which is great! For me, it’s helping the nonprofit I care most about, which is empowering.”
It’s also a way for employers to demonstrate support for their employees. “If you’re an employer, it’s a great way to build morale,” said Thessaly. “It shows employees that you care about what they care about. Plus, it’s a simple process to put in place.”
This type of program also adds to the local community. “It strengthens the community where your employees live and work,” Thessaly continued, “which, from a Dell perspective is huge, because this (the Round Rock/Austin corridor) is one of the company’s largest communities.”
Contact your Human Resources group to find out how to set up a matching gifts program, and check to see if there are other ways your company can help within the community. An additional way that Dell Inc. contributes is through a Volunteer Reward Card program that makes donations based on employee volunteer hours.
“You simply enter your volunteer hours and if you have at least 10 hours of volunteer work in a quarter, Dell will contribute $150 to the nonprofit of your choice,” said Thessaly. “I can volunteer at 5 different nonprofits, but the money goes to the one nonprofit I select. And it doesn’t have to be the one where I volunteered. If you’re a Dell employee and you’re a Big or someone who’s interested in BBBS – that volunteer service could amount to a $600 donation to BBBS in a given year.”
Whether it’s a matching gifts program or a volunteer matching program, find out how your company supports nonprofits in the community, and see how you can take advantage of these opportunities to increase your impact for the causes you care about.