Matched giving
Matched giving is a fantastic way in which businesses can give their employees an incentive for their fundraising and support St Peter & St James by offering to match what their employees raise.
As part of Payroll giving, businesses can match, pound for pound, what each of their employees give. Of course businesses have the flexibility to put a cap on how much is matched per employee. The money that businesses give in this way is not taxed.
Businesses can also match giving in the following ways:
- Matching sponsorship - if an employee gets sponsored to take part in our Annual Fun Run or Walk, the business agrees to match it
- Single donations - if an employee gives a donation to St Peter & St James, the business agrees to match it
- Fundraising events - if employees hold a fundraising event for St Peter & St James, the business agrees to match whatever they raise
- Volunteering time - businesses 'pay' their employees for any time they spend volunteering for St Peter & St James time with a donation to us
Benefits of matched giving include:
- Boosted morale and team work by rewarding employees for their generosity
- A reduced tax bill - businesses do not have to pay Corporation Tax on the money they use to match employee giving
- PR opportunities in the local media and in our newsletter Caring, which is distributed to 10,000 of our supporters
Please click here to download a HM Treasury's guide to tax incentives for corporate giving.