What is Matching Gift Software?
Did you know that more than $4 to $7 billion worth of corporate matching gift funding goes unclaimed annually? Those are dollars that could be going toward missions like yours—but instead, they’re sitting on the table year after year.
In order to combat the funding gap, organizations are taking a more proactive approach to marketing these programs to their supporters. And the right technology makes a big difference in doing so!
Matching gift software is a dedicated tool that helps nonprofits take advantage of corporate matching gift opportunities. One of the biggest obstacles to successful matching gift programs is a lack of knowledge about how to participate. Thus, matching gift software aims to increase awareness and simplify the process. Learn more about how matching gift software works with this video about our matching gift software, 360MatchPro:
The software typically includes a matching gift database search tool that can be integrated with a nonprofit’s website or online donation forms. Donors can look up their company’s matching gift program information and determine whether they qualify. If so, the software also provides detailed, step-by-step instructions to pursue the opportunity.
After a donor makes a gift, a matching gift automation tool can trigger personalized follow-up messages. This outreach aims to remind supporters about matching gifts and guide them through their company’s submission process to ultimately drive available matches to completion.
Plus, as matching gift software continues to develop, the matching gift experience is getting better for the individuals who benefit from the tools.
For example, tighter integrations between nonprofits and the companies supporting their efforts through matching gifts are made possible with auto-submission. Now, qualifying individuals can submit their matches directly from their favorite organizations’ giving pages immediately post-donation!
All in all, matching gift software is one of the most impactful pieces of an overall toolkit that a nonprofit or other fundraising organization can buy. It empowers your team to double your fundraising power—what could be better?