I'm sure many of you are familiar with former Microsoft CEO Bill Gates' philanthropic efforts through his foundation to rid the world of disease and pestilence. You might be less familiar with Microsoft itself providing matching funds to nonprofits through its Employee Giving Program, a program that has been running since 1983. A press release indicates that the program broke a company record last year, contributing $100.5 million in employee and corporate-matched funds.
A more interesting aspect of the program: Microsoft also contributes a matching gift of $17 for every hour that a Microsoft employee contributes through volunteering, up to $12K for qualified NPOs. Last year, employees volunteered more than 420K hours, which resulted in Microsoft matching that time to the tune of $7.2 million.
Is your company a giver? Tell us about it here.
Posted by Michael Domingo on 02/09/2012 at 11:59 AM