Participating in workplace giving not only supports local charities but also amplifies your philanthropic impact through employer matching-gift programs. By donating your vehicle to Ride for Good, you have the opportunity to unlock additional funding that will directly benefit our initiatives in Kentucky. This means your generosity can go even further in supporting those in need.
When you donate your car, you will receive a 1098-C, which serves as proof of your charitable contribution. Following this, you can submit a matching-gift request through your employer's designated platform, ensuring that your one-time vehicle donation can multiply in its impact. It’s a simple process that empowers you to make a bigger difference in our community.
How to activate this channel
Donate Your Vehicle
Choose to donate your vehicle to Ride for Good. You'll need to obtain a 1098-C form, which confirms your contribution for tax purposes.
Receive Your 1098-C
After your donation, you will receive the IRS 1098-C form, a crucial document that verifies your charitable contribution for employer matching.
Submit Matching-Gift Request
Log into your employer's matching-gift platform (like Benevity or YourCause). Submit your matching request using the 1098-C receipt, along with the charity's name and EIN.
Employer Verification
Your employer will verify your donation and ensure it meets their matching criteria. This verification process typically takes 30-90 days.
Charity Receives Funds
Once verified, your employer disburses the matching funds directly to Ride for Good, maximizing the benefit of your original donation!
×Impact multiplier
When you donate a vehicle valued at $1,500, with a typical employer match of 1:1, your total contribution to Ride for Good can reach up to $3,000! Some employers even offer enhanced matching rates, such as 2:1 or 3:1 for specific causes like education or healthcare. This means that by simply donating your car, you can significantly amplify the support provided to our community-focused programs and initiatives.
Common employer platforms + programs
- Benevity
- YourCause
- Bright Funds
- Cybergrants
- Double the Donation
- Every.org
How to check eligibility
To determine if your employer offers a matching-gift program, check your HR resources or the workplace giving portal. Typically, companies will match donations made to qualifying 501(c)(3) organizations, including Ride for Good. Employees at large corporations, especially Fortune 500 companies, often have access to generous matching gift limits, so be sure to explore your options!
Kentucky workplace-giving context
Kentucky has a strong network of Fortune 500 employers, including companies in sectors like healthcare and finance, that actively support charitable giving through matching programs. Local United Way chapters also partner with companies to enhance community impact. Understanding these workplace-giving trends can empower you to maximize your contributions and engage more effectively with local charitable organizations.
FAQ
What is a matching-gift program?
How do I find my employer's matching-gift policy?
Can I donate any vehicle?
How long does the matching process take?
What information do I need to submit for matching?
What if my employer has a different matching ratio?
What can I do if my employer doesn't match donations?
Other workplace-giving channels
Your vehicle donation can create a ripple effect of good in Kentucky. By taking advantage of your employer’s matching-gift program, you not only help Ride for Good but also inspire others to contribute. Together, let’s maximize our impact and create lasting change in our communities!