Matching Grant Gift Programs Business & Marketing Essay (Essay Sample)

Matching Grant Gift Programs
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Matching Grant Gift Programs
These are community-contribution programs, which are set up with the aim of donating to the deprived society. The programs are also contributions made to non-profit making organizations, which are tied to split donations by different donors. Since the program initiation, it has encouraged many people to donate to various non-profit making organizations (Wetzel, 2009). Many companies offer these programs to encourage their employees to contribute part of their earnings to the needy society. The grant gifts that are matched can be dollar for dollar or a fractional match for every dollar, and occasionally this program can be availed in terms of multiples of the original contribution. Contributors, who are mainly the employees, have a say concerning the allocation of funds contributed.
Some matching programs make a specification that the federal government ought to make a dollar for dollar match up to some lay down maximum. This kind of program has a huge effect on the communities that do not reach the set maximum. Every person who contributes to the program aims at making the life of someone else better. The dollar for dollar matching will encourage them because their contribution will be doubled. Nevertheless, they may not be fully satisfied about what they managed to contribute to the needy society that required their assistance (Wetzel, 2009). Consequently, they may be forced to go an extra mile to try find out if they can pass the minimum limit for the dollar for dollar so that their contribution may be tripled or made better. This creates a positive impact on the overall contribution that will be made towards helping people with financial needs.