Five Companies Providing Volunteer Grants when Retirees Volunteer
If your organization has a large number of volunteers, you’ve probably received volunteer grants, also known as Dollar for Doer grants.
Not familiar with volunteer grant programs?
Check out this article which outlines the basics of volunteer grant programs. It also provides an overview on how organizations can benefit from this source of corporate giving.
At Double the Donation, we help nonprofits raise more money from employee matching gift and volunteer grant programs. While we recognize that many company programs are geared exclusively towards current employees, some companies extend their grant programs to retirees who volunteer on a regular basis.
Five Companies which Provide Grants when Retirees Volunteer
Bank of America
Bank of America offers both a matching gift and volunteer grant program. Through Bank of America’s dollars for doers program, the bank offers the following two different thresholds of volunteer grants:
- 50 volunteer hours = $250 grant
- 100 volunteer hours = $500 grant
Learn more about Bank of America’s Volunteer Grant Program.
ConocoPhillips
Like many other energy providers, ConocoPhillips offers generous employee giving programs. In addition to the ConocoPhillip’s matching gift program, the company also provides donations to nonprofits where employees volunteer on a regular basis. ConocoPhillips also offers two different levels of volunteer grants:
- 20 volunteer hours = $500 grants
- 40 volunteer hours = $1,000 grants
Learn more about ConocoPhillips’ Volunteer Grant Program.
Prudential
In addition to matching up to $5,000 of each employee’s donations, Prudential also offers grants when employees volunteer on a regular basis.
Specific grant amounts vary between $250-$1,000 and are based upon the number of hours and type of volunteer work performed. Each employee must volunteer for a minimum of 40 hours before being eligible for a volunteer grant.
Learn more about Prudential’s Volunteer Grant Program.
Alliant Energy
Through Alliant Energy’s Volunteer Program, the company recognizes personal volunteerism performed by employees and retirees by providing grants to the nonprofit. The company has three different volunteer grant thresholds:
- 50-149 volunteer hours = $100 grants
- 150- 199 volunteer hours = $300 grants
- 200+ volunteer hours = $400 grants
Learn more about Alliant Energy’s Volunteer Grant Program.
ExxonMobil
In addition to ExxonMobil’s generous matching gift program to higher education and arts & cultural organizations, Exxon Mobil also offers two types of volunteer grant programs:
ExxonMobil Individual Volunteer Grants
- 20 volunteer hours = $500 grants
- 40 volunteer hours = $1,000 grants
- 60 volunteer hours = $1,500 grants
- 80 volunteer hours = $2,000 grants
Spouses and dependent children (ages 12-25) of both employees and retirees are also eligible to participate and request volunteer grants for their volunteer hours.
ExxonMobil Team Volunteer Grants
A $500 grant is awarded to nonprofit organizations when a team of at least five ExxonMobil employees and retirees volunteer together for at least 20 combined hours. Click here to read about other companies providing grants when groups of employees volunteer.
Learn more about Exxon Mobil’s Volunteer Grant Program.
We also encourage you to explore Double the Donation’s matching gift and volunteer grant service to see if it can help your nonprofit raise more money from employee giving programs.
