Matched Funding (sometimes called ‘Matched Giving’) is an easy way to double your donation by asking your employer to match your fundraising total for an event or activity. It’s a tax-efficient way for companies to show their support for employees and fundraise for charity.
Many companies will have a Matched Funding scheme, including most:
banks and building societies
insurance companies
supermarkets
utilities providers (for example, gas and electricity suppliers) and phone companies
car manufacturers.
A Matched Funding scheme can be adopted by any company, no matter how big or small. A reported 84% of people are more likely to give to charity if their donations are being matched, so it’s a great way to boost donations.
You’ll need to ask your employer if they have a Matched Funding scheme. If you’re raising funds as part a group, you can ask your group members if their employer has a scheme. It’s quick, easy and will cost them nothing except the time needed to talk to their employer.
If your employer has a Matched Funding scheme, they should provide you with a form to complete. You can ask your Human Resources (HR) team about this.
If your employer does not have a scheme, we encourage you to ask them if they would consider matching your fundraising. Or they could set up a Matched Funding scheme for their organisation.
We have resources you may wish to share with your employer, which include:
If your employer has agreed to match your donation and you’ve held your event, you’ll need to email CRSA Treasurer with the following information:
your full name
the name of your fundraising group (if applicable)
the name of the company providing Matched Funding
how much Matched Funding the CRSA is likely to receive
You’ll also need to make sure your employer provides your name in their payment reference to us.
It’s a good idea to let your supporters know their donations will be matched. When donations are matched, research shows that:
84% of people are more likely to donate
1 in 3 of those who donate will donate more money
the average matched donation is 250% higher.
You can display this Matched Giving poster at your event to spread the word.
If you have questions or need support with Matched Funding, please speak to any member of the CRSA Team. They will be able to help and advise you.