Contributions & Matching Gifts

6 Apr

In past blogs we have discussed identifying your values, and finding organizations that match your mission. So what next? The current situation in Japan is a good case study with many examples to draw from. One approach is to make a donation, and no it’s not just about writing a cheque.

Contribution: How many of us have put money in an envelope towards a colleague’s birthday gift? That’s a contribution or also called a collection. You can start one simply by explaining to your co-workers what you would like to do and which charity would benefit from this, then pass the envelope around.

Matching Gift: This takes a contribution one step further. A matching gift or matching donation is a charitable gift made toward a non-profit organization by a matching donor (usually a company or an individual) under the provision that an original donor first makes a gift toward that organization. For example, the company you work for offers matching gifts and you would like to donate $100 to Oxfam. Since your company is a matching gift corporation, it will match your $100 gift, for a total of $200. Matched gifts are most commonly equal to the amount given by the original donor, i.e. a 1:1 ratio.

Many companies in Hong Kong raise money for charity through collections or matching gifts. Take a look at this Hong Kong Red Cross page where they list self-organised fundraising efforts. You could be on that list too.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: