Deadline #3: End of Calendar Year + Grace Period
The last group of companies establishes their matching gift deadlines according to the calendar year as well. But they also tack on an additional month or so.
Boeing
Boeing offers a monetary match, a volunteer grant match, and a fundraising match. And while full-time and part-time employees qualify to have their gifts matched dollar-for-dollar, retirees of the company are eligible to request a 0.5:1 match.
Match request deadline: Boeing employees (or retirees) participating in any matching gift program must submit their matching gift requests by January 31st of the year following the one in which the initial contribution/volunteerism/event took place.
Click here for additional details on Boeing’s matching gift program.
Verizon
Each year, Verizon matches employee donations of up to $5,000 to the educational institutions of their choice. Meanwhile, all other nonprofits qualify for up to $1,000 in match funding, along with $750 grants for organizations with which employees volunteer.
Match request deadline: Matching gift requests must be entered into the electronic matching gift system before January 31st of the year following the date of the donation.
Click here for additional details on Verizon’s matching gift program.
Adobe
Adobe matches donations of up to $10,000 per employee per year. Additionally, employees can submit volunteer or “dollars for doers” grant requests worth $250 for every 10 hours they volunteer.
Match request deadline: All matching gift requests must be submitted by January 31st of the year following the one in which the gift was made, regardless of the donation date.
Click here for additional details on Adobe’s matching gift program.
Coca-Cola
Coca-Cola generously matches employee gifts at a 2:1 ratio. That means for every $1 an employee contributes, Coke gives $2 up to a maximum corporate contribution of $20,000.
Match request deadline: All employee matching gift requests should be completed and returned to The Coca-Cola Company by February 28th of the following year.
Click here for additional details on Coke’s matching gift program.
Bank of America
Bank of America (including the investment management and wealth management division, Merrill Lynch) matches employee donations to nearly all nonprofit causes. Each year, team members can request between $24 and $5,000 worth of matches for personal donations of equal amounts.
Match request deadline: Employees must complete an application and have the recipient organization verify the gift. This information must be received by January 31st of the year following the date of the donation.
Click here for additional details on Bank of America’s matching gift program.
General Electric
Fun fact: General Electric was the first company to implement an employee matching gift program in 1954. Today, it matches millions of dollars worth of gifts to approved charities around the world. Each team full or part-time team member is encouraged to request between $25 and $5,000 per year!
Match request deadline: General Electric offers one of the most extended matching gift program deadlines, with employees being able to request matches until April 15th (tax day!) of the year after their gifts were made.
Click here for additional details on GE’s matching gift program.
#Matching #Gift #Requests #Deadlines #Forms #AutoSubmission