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In philanthropic giving, foundations and corporations often give money to non-profit entities in the form of a matching gift. [2] Corporate matches often take the form of employee matching gifts, which means that if an employee donates to a nonprofit, the employee's corporation will donate money to the same nonprofit according to a predetermined match ratio (usually 1:1).
In April 2024, the Big Give Green Match Fund raised £6.3 million after a week-long fundraising drive. The campaign saw 247 environmental charities take part, including Rewilding Britain, Friends of the Earth, The Wildlife Trusts, and Surfers Against Sewage. Big Give's match funding champions contributed £3.3 million.
Community grants to support local community efforts or nonprofits – 100% of Fortune 500 companies provide some form of community grant or sponsor at least one fundraising event. [2] Matching gifts – Corporate donations to nonprofits as a match to employee giving. Approximately 65% of Fortune 500 companies offer these programs. [3]
Organizations that are part of a larger company are excluded, such as holding companies. The entries are ordered by the size of the organization's financial endowment. [1] The endowment value is a rounded estimate measured in United States dollars, based on the exchange rates on December 31, 2020. [2]
For GivingTuesday 2017, Facebook and the Bill & Melinda Gates Foundation announced $2 million in matching for donations to fundraisers on Facebook, and Facebook announced that it would waive its 5% fees for U.S.-based nonprofits all day long. Matching was limited to $1,000 per fundraiser and $50,000 per nonprofit.
The company initially stated that $9 million in donations from the fundraiser would be redistributed to "credible and established charities" and would only be refunded upon application, subject to a two-week time limit. Following criticism, the company subsequently stated on Twitter that all donations would be refunded within 10 business days.
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