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Matched Funding
Many companies offer "matched funding" schemes to support their employees' fundraising activities.
If you are an employee, you can ask your Personnel or Human Resources department for any information they may have on match funding schemes.
Different employers will offer different matched funding schemes. Some match employees' fundraising 100% - a pound for every pound raised. Others will set a maximum cap on how far they are willing to match pound for pound, i.e. the company matches 100% up to a certain amount (say £500), but any money raised beyond that cap will not be matched. Some employers match the amount of fundraising that can be Gift Aid-ed as well.
If you are an employer and do not yet offer a matched funding scheme for your staff, it is worth considering. Matched funding offers important benefits for employers as well:
- Improves staff morale and motivation
- Positive PR opportunities
- Creates a feel-good factor among employees about the organisation they work for
- Enhances corporate image and reputation
- Encourages a growing sense of social responsibility
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