360MatchPro: an overviewĭouble the Donation’s 360MatchPro is a matching gifts super-platform. Because the donor must do it, making sure that every donor knows about the matching gifts should be a number one priority for every nonprofit and educational institution. Unfortunately, a nonprofit can not request a matching gift, the original donor has to do it. The most common breakdown in this process occurs at the second step. Employer confirms eligibility of donor, donation amount, and the nonprofit donated to.Employee submits matching gift request to employer.Though each company outlines their own eligibility guidelines, the process for claiming matching gifts is always the same: Deadlines: There is always a noted deadline, either a specific date (commonly December 31 or April 15) or a timeframe following the original donation (90 days).For example, ExxonMobil exclusively matches gifts for educational and cultural nonprofits. Nonprofit eligibility: Some programs specify a more narrow group of nonprofits that they will support.Or maybe a Senior Vice President has a maximum of $100,000, while a part-time employee is only eligible to match $10,000. For example, a full-time employee might be eligible for a 1:1 match, while a retired employee is only eligible for. Employee status: Sometimes, the minimums and maximums or match ratio changes based on the employee’s level of employment.The most commonly used match ratio, of course, is 1:1, which means that the company donates the exact same amount as the employee. Match ratio: The ratio defines how much the company will donate in relation to the original donation. The most commonly seen minimum is $25, and most maximums are set between $5,000 and $10,000. Minimums and maximums: This refers to the actual dollar amount of the initial donation.Those donations made by employers are known as matching gifts.Įvery company’s specific matching gift guidelines are different, but every program includes a standard set of elements: When an employee makes a contribution to their favorite nonprofit or educational institution, sometimes their employer will also make a donation to the same nonprofit. Matching gifts is a type of corporate philanthropy program often offered as an employee benefit. In order to understand exactly how 360MatchPro will revolutionize your matching gift revenue, you’ll first need to know exactly what matching gifts are. Read on to start raising that matching gift revenue! The basics of matching gifts Integrating 360MatchPro in your Luminate pages: a step-by-step guide.If you are one of the many Luminate customers looking to equip your website with matching gift functionality, you’ve come to the right place! Integrating 360MatchPro into your Luminate pages will revolutionize your matching gift revenue, and we’re going to tell you all about it.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |