This presents an opportunity for the HSA to as much as double (part of) the funds raised through events and other fundraising activities.
How does it work?
Employees will typically have to complete a match funding request form. If such a form doesn’t exist, it is recommended the company puts their pledge in writing.
Match funding schemes vary from company to company and tend to differ in:
- Match funding criteria (e.g., there may be an annual cap on the total amount available per employee, type of activity e.g., individual or event)
- Eligibility criteria
- The department which administers the schemes (e.g., HR, Rewards & Benefits, CSR or the Finance department)
The HSA may be asked to prove its registered charity status and provide bank account details.
What is expected of the parent/carer?
Employees will need to apply for match funding. Parents and carers will usually need to be actively involved in the fundraising event to qualify (e.g., look after an event stall, do a sponsored run etc.).
Which companies offer match funding?
Banks and building societies, insurance companies, supermarkets, utility providers, phone companies and car manufacturers are known to offer match funding schemes. Get in touch with the HSA today if you work for one of the corporate companies listed and want to set up a Match Funding opportunity – we can support you through the process and hopefully, together we can help increase the amount of funds raised for the School.
The HSA believes companies in the table below offer match funding schemes to their employees: