You’re finally ready to use matching gift forms. There is nothing wrong with that considering the matching gift process entails submitting a donation with the knowledge that someone else will match your donation at a predetermined ration. In most cases, the result is double the money for the lucky recipient.
But to get the matched gift, the donor must submit the matching gift form. Without this form, this opportunity is lost. Many eligible donors have no idea that they qualify for a matching gift. In this blog post, we examine some of the things you should know about matching gift forms.
Types of Matching Gifts Forms
Matching gift forms are essential for assessing the donation and donor, not forgetting the recipient organization. They are mostly submitted to the matching gift partner via either a paper form or an electronic form. It is essential that you look into the pros and cons of each type before using one.
In a nutshell, paper matching gift forms are the source for this type of information. Even while most donors will preferably leverage the electronic form, skimping on the paper version could turn away a few of your more traditional supporters. Always ensure this matching gift formcontains employee identification numbers, donation amount, the recipient organization’s name etc.
Sources of Matching Gifts
A matching gift will usually come in three forms i.e., Corporate matching gifts, personal matching gifts, and matching gift campaigns. Corporate matching gifts entails an employer matching the donations of their employees. This happens at a set ration and comes with a predetermined list of eligible charitable organizations.
Personal matching gifts are quite similar to corporate matching gifts except the individual matching the gift isn’t your employer. It can be a generous supporter to the organization who vows to match eligible gifts to a certain amount to a given organization.
Matching gift campaigns, on the other hand, are a larger and more focused matching gift effort made by the recipient charity. Ensure you understand how each works before you can finally take the next step of action.
