š” Many employers match their employees' donations to nonprofits. Because your project is part of The Hack Foundation (a 501(c)(3)), donors can often route a match to you, most commonly through Benevity.
What donation matching is
A lot of companies will match the donations their employees make to nonprofits, sometimes doubling the gift. Some also offer "volunteer grants" that donate money based on the hours an employee volunteers. Because your organization operates under The Hack Foundation's 501(c)(3) status, your donors' employers can usually send these matching funds to you.
What to tell your donors
Ask the donor to check their employer's giving or matching program (often powered by Benevity or CyberGrants) and search for The Hack Foundation, or look it up by Hack Club's EIN, 81-2908499. They submit the match through their employer's portal, referencing the donation they made to your organization.
Getting set up in Benevity
When an employer routes a match through Benevity, your organization shows up there as a project of The Hack Foundation. If you reach out to HCB ahead of time to get set up in Benevity, your donor can select your project directly in their employer's portal, which gets the money routed to you faster. Email [email protected] or your point of contact to arrange this. CyberGrants is also supported, and HCB is open to other platforms.
How long it takes
Plan on 1 to 3 months. Benevity pays out on a monthly or quarterly cycle, depending on the employer's contract, so a match won't arrive instantly, even after it's approved.