MATCH FUNDING FAQS
Hundreds of organisations offer their employees the chance to boost their fundraising efforts through match funding.
Many companies throughout the UK offer employees the chance to boost their fundraising efforts by 'matching' the money they raise.
WHAT IS MATCH FUNDING?
Match giving, or match funding, is a simple way to maximise the fundraising efforts of individual PTA volunteers. It is an informal, albeit corporate, arrangement between a company and an employee. Usually, a company pledges to match a sum of money relating to the amount the employee has either raised or donated to a charity. It is likely that there will be an upper limit and certain criteria applied, such as the recipient organisation being a registered charity. Some companies will pledge time and resources instead of money, enabling their employees to support a cause during their working week. Or a tangible service may be offered, such as the opportunity to print posters, programmes and newsletters.
WHICH ORGANISATIONS WILL SUPPORT OUR PTA?
Unfortunately, while we'd love to be able to provide a list of companies offering match funding, it is fraught with too many issues: some companies have certain criteria in their small print (i.e. where it's only offered to full-time staff after two years service), or the schemes change too often for us to be able to keep any such list up to date. Generally speaking, banks and building societies, insurance companies, supermarkets, utilities providers, phone companies and car manufacturers are known to offer match-funding schemes.
A match funding scheme can be adopted by any company no matter how big or small. Barclays, for example, offers its employees the opportunity to match funds they raise for their chosen charity up to £750 per year. This is available for three activities a year! Aviva, in response to feedback from their staff, has introduced a '£Plus' matching scheme. The scheme gives Aviva employees the chance to receive matched funds for any money raised on behalf of a registered charity of their choice.
HOW DO WE GET STARTED?
The simplest thing to do is to approach your boss in the first instance. Once the company has agreed to match fund, they will probably ask you to complete a request form. If this is not the case, ask the company to put their pledge in writing to the PTA at PTA@finchleygreekschool.com.
WHAT CAN WE DO TO ENSURE MAXIMUM BENEFIT?
If you are able to get your employer to agree to Match Fund, it might be worth asking if they are willing to go further and support the school in other ways, such as providing raffle or auction prizes.