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Corporate Matching Gift Programs Benefit Sherman College
What are corporate matching gift programs?
Corporate matching gift programs are charitable giving programs set up by corporations in which companies match donations made by their employees to eligible nonprofit organizations. For example, if a college supporter works for Bank of America and donates $100 to Sherman College, Bank of America will double the donation by also contributing $100 to the college. Thousands of companies offer matching gift programs. A few examples include:
- Bank of America matches donations $1:$1 for up to $5,000 annually per employee.
- Home Depot matches donations for $1:$1 for up to $3,000 annually per employee.
- Johnson and Johnson triples donations with $2:$1 matches for current employees while also doubling donations for retirees.
The impact of these programs can be substantial! In 2011, Microsoft matched $48.9 million worth of employee donations to schools and 501(c)(3) nonprofits. Did you know that more than 15 million employees work for companies with matching gift programs?
Want to help Sherman College of Chiropractic?
Increasing fundraising from matching gifts is easy. If you have any questions about matching gifts, please contact Assistant Director of Development Hunter F. Mahon at 864-578-8770, ext. 277, or hmahon@sherman.edu.
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