If your organization is looking to up your fundraising efforts in 2022 and beyond, optimizing your use of workplace giving is a fantastic way to go. To do so, making the most of these corporate offerings is necessary.
In this guide, we will share tips and tricks for increasing participation in workplace giving programs by covering the following topics:
Nonprofits can increase their fundraising results by leveraging the additional support that is available through organized workplace giving programs. When you inform donors about these opportunities and encourage them to participate, you can begin collecting more for your mission in no time.
If you’re looking to better understand and communicate the basics of corporate philanthropy and why workplace giving matters to donors, let’s jump right in!
Workplace giving initiatives are a unique form of corporate philanthropy in which the companies offering the programs provide their employees with a hands-on role.
Here are a few of the most common examples of workplace giving programs to note:
In many cases, a corporate employee will support a nonprofit on their own (such as with volunteer grants and gift matching), followed by the company providing their own financial contributions to the organization as a result. In other scenarios, employees choose to participate in giving initiatives organized and promoted by their employing companies, while the funding involved comes directly from employees’ generous wallets.
Tens of thousands of companies across the globe offer some form of these workplace giving programs. However, matching gifts and volunteer grants are likely the two types you’ll see most often in your corporate fundraising efforts.
One of the best ways to ensure your donors are highly engaged with their workplace giving initiatives is by communicating the value of these programs early and often. Follow these four best practices to ensure your team is able to do so!
Before you can explain to others who benefits from workplace giving opportunities, it helps to first comprehend the programs and their advantages fully yourself.
To better illustrate this idea, let’s discuss the three main beneficiaries of matching gift initiatives and how they are impacted by the programs:
We like to refer to workplace giving as a win-win-win situation because each party greatly benefits from their participation. Though donors may be particularly drawn in due to the most direct advantages to themselves, understanding and communicating why these programs matter to the companies and nonprofit causes involved is critical as well.
Since workplace giving is likely a new concept for many supporters, ensuring this group has easy access to a range of informational materials is essential. Once they have a solid understanding of what these initiatives are (such as matching gifts, volunteer grants, and more), they’ll be more open to the value of the opportunities.
We recommend utilizing a combination of the above strategies. The more familiar your donors become with the available workplace giving programs in place, the more likely they are to participate when applicable!
Participating in workplace giving helps nonprofit supporters improve their donor journey with an organization they care about. At the same time, they also help employees feel more connected to the companies they work for.
These are a few specific benefits to highlight in your communications surrounding employee giving initiatives. Workplace giving programs provide donors with:
Highlighting these key donor advantages and more enables organizations to better engage with their donors while securing additional individual and corporate support. When donors clearly understand who exactly benefits from the offerings, they’ll be significantly more eager to get involved.
Showing appreciation for any donor is essential. Here are two examples of what your team can do to emphasize your gratitude for workplace giving donors:
When a supporter takes part in a workplace giving initiative, communicating your gratitude is of even greater importance. After all, their participation and engagement are what allowed your organization to leverage additional corporate dollars and better pursue your fundraising goals.
The better your donors understand workplace giving and its importance to nonprofit fundraising, the more likely they are to participate—and as a result, the more funding that goes toward your cause.
Get started by ensuring your team first understands the value of these programs. Then, work to provide donors with educational resources, highlight increased mission impact, and show above and beyond appreciation to supporters who participate. Good luck!