# Matched giving is popular corporate response to tsunami appeals

- Link: https://fundraising.co.uk/2005/01/10/matched-giving-popular-corporate-response-tsunami-appeals/
- Published: 2005-01-10T00:00:00+00:00
- Author: Howard Lake

A large number of companies are offering to match their employees’ donations to 
emergency appeals related to the Asian tsunami disaster.
Matched giving is proving
a popular response in many countries for companies wishing to donate to emergency
appeals following the Asian tsunami disaster of 26 December 2004. Many of the FTSE
100 companies have announced such systems, but the response has been international.

Publisher Pearson Group will match all donations made by Rough Guides’ readers before
31 January 2005.

Liverpool-based payroll giving and corporate donation management agency Charities
Trust moved quickly to offer an online donation system that enabled companies to
track and match employees’ online gifts. The system, created by technology consultancy
Chapter Eight Ltd was set up within an hour. Employers simply had to email a Web
address to their staff, who could then donate tax-efficiently online. The first 
company to adopt it was a large multinational which are using it all over the world,
to co-ordinate their corporate giving and track payment amounts. Chapter Eight donated
their fees to the emergency appeal.

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In Canada, aluminium and packaging company Alcan Inc is matching donations by its
88,000 strong worldwide workforce.

In Mexico, cement and ready-mix products producer CEMEX has offered to match two-
for-one any contributions made by its employees, with a minimum corporate contribution
of $2 million.

In the USA, Starbucks Corp is matching emplyee donations, and expects to make total
donations, including a percentage from sales of a Sumatran coffee, of at least $
1 million. At Intel Corporation, the response was rapid: after its foundation announced
it would match employee donations, employees donated $200,000 within a day.

General Motors, through its foundation, will match up to $1 million in contributions
made by GM employees.

Indeed in the USA, it looks likely that the scale of corporate support for the tsunami
disaster appeals will be second only to the sector’s donations to the post 11 September
2001 emergency appeals, which totalled $410 million. According to the Associated
Press, in just over a week, at least 142 U.S. companies have publicly announced 
$182.7 million in donations or pledges to assist tsunami victims. This sum consists
of $89.9 million in cash, $25.8 million in matched funds, and at least $55 million
in products and services.

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