Top Menu

Matching Gift Programs Hit by Recession


Charities are used to companies cutting back grants during tough economic times, but the current recession also is putting a bite on corporate matching-gift programs.

The Wall Street Journal reported Jan. 14 that firms like Northrop Grumman, GM and Pfizer have either cut or eliminated their matching-gifts programs. Other companies have barred retirees and part-timers from taking part in the employee-centric programs.

Matching gifts make up about 10 percent of the $8.6 billion in annual corporate donations to charity.

No responses yet.

Leave a Reply

Please read our comment policy and guidelines before you submit a comment. Your email address will not be published. Thank you for visiting

Reproduction in whole or in part of this publication is strictly prohibited without prior consent. Photographic rights remain the property of Join Together and the Partnership for Drug-Free Kids. For reproduction inquiries, please e-mail