Corporate generosity is when businesses encourage their employees to donate funds and time by giving to the nonprofits employees care about. Last year, our Home received $19,500 in matching gifts from the businesses our donors work for. That was 10% of our income, an impressive amount of “free” money.
There are three ways companies support generosity:
Free money: Last year 10% of our income was from matching donations from the businesses our donors work for.
- Matching benefits: Businesses match donations their employees make. Last year we received matching gifts from Microsoft, Boeing, Salesforce, and Illinois Tool Works Foundation.
- Retiree matching benefits: Some companies also match their retirees’ donations! Boeing and Illinois Tool Works have given to us this way.
- Volunteer grant programs: Companies donate an amount per hour based on the number of hours an employee volunteers. Boeing and Microsoft offer this.