Employer-Matched Contributions
Matched giving/ funding is a simple way of maximising individuals’ fundraising efforts for the Verulam School. It is an arrangement between a company and its employee.
Many companies will pledge a sum of money relating to the amount their employee has raised for, or donated to, the charity of their choice. Some will match ÂŁ for ÂŁ, others may match with time, or a combination of both. It could be an employer will offer a service such as printing posters or banners etc.
Examples of Matched Funding:
Barclays offer employees the chance to match funds they raise for their chosen charity up to ÂŁ750 per year (available for 3 activities a year).
Lloyds Bank Foundations operate matched giving and is open to all Lloyds Banking Group staff in the UK or Channel Islands, including Group subsidiaries. Staff can claim £1000 for charities of their choice. Up to £500 can be claimed for fundraising events as well as up to £500 for voluntary time given – provided that claims falls within the rules of the scheme and the charity is eligible for funding.
PTA-UK told us about a PTA committee member from a school in Fetcham who took advantage of her employer’s Volunteer Involvement Programme for employees at ExxonMobil. For every 20 hours of volunteering she undertook, ExxonMobil matched her time with a donation of £250 to the school. And this could be claimed up to 4 times per year.
Brilliant! So what next?
Check the Matched Giving – List of participating Companies, or ask your employer directly if they operate a Matched Giving / Funding scheme – your HR Dept would be a good place to start.
They will then probably ask you to complete a request form. Alternatively they may put their pledge in writing to Verulam PTA.
Please let us know if you need and assistance with your application and if you are successful. Good Luck!
