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What are some common aspects of a company's donation matching policy?

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Common aspects of a company's donation matching policy often include the match ratio, the total donation amount the company will match each year, the minimum donation amount the company will match, whether the company matches volunteer hours, and if there are any exclusions or limits on matching for certain organizations or causes. Understanding these aspects can help you maximize your charitable impact. For instance, some companies offer to match their employee's charitable donations at a 1:1 ratio, while others may offer a more generous 2:1 or even 3:1 ratio. The total donation amount your company will match each year can also vary significantly. Some companies may match a few hundred dollars, while others, like Google and Microsoft, match up to $10,000 and $15,000 per employee per year, respectively. If your company doesn’t currently offer a matching program, consider asking them to start one. Daffy for Work is a modern workplace-giving solution designed to make it easier than ever for companies to empower their employees to give to the causes they care most about. At Daffy, we’re focused on helping our members be more generous, maximizing their impact—and we hate to see that money go to waste. An estimated $2-3 billion is raised through corporate matching every year, but reports show that this could be much more. It’s estimated that $4-7 billion in matching gift funds go unclaimed each year. Yes, $4-7 billion that could go to charity is left on the table every year! So, whether you're an employee looking to double your donation or a company seeking to implement a donation matching program, Daffy is a great option for a Donor-Advised Fund (DAF).

Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.

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