What are the benefits of workplace giving?
Workplace giving refers to the method of donating that occurs through a person’s place of work. This type of giving provides employees with easy and efficient opportunities to make tax-deductible donations to the charities that matter most to them.
Most often, workplace giving generally entails consistent employee donations through their employer’s payroll system but can also include employee-giving campaigns, employer-matching programs, workplace fundraisers and more.
Benefits for employees
Easy and efficient donation processes
Automatic payroll deduction options mean that workplace giving can offer employees a simple and effective way to stay consistent in their giving practices. In most cases, workplace giving can also cut down on the research side of donating as workplaces will typically have a screening process to ensure nonprofits they include in their giving programs are reputable and effective.
Professional development
Employees have the opportunity to grow their personal and professional networks when participating in workplace fundraising events and collaborating with co-workers. These types of projects often help foster stronger office relationships and offer the opportunity for employees to showcase their communication, leadership and project management skill sets.
Larger charitable impacts
Both employer matching and workplace fundraising offer employees the opportunity to expand their positive impact beyond what they otherwise would have. Combined contributions and efforts have the ability to reach further than that of just one person.
Tax-advantages
So long as donations are made to accredited nonprofits, they can be considered tax-deductible. For example, St. Jude Children’s Research Hospital is a tax-exempt nonprofit organization as defined by section 501(c)(3) of the Internal Revenue Code. When you donate to St. Jude, your donation is tax-deductible to the fullest extent of the law.
Benefits for employers
Ability to make a larger impact
Just like for employees, workplace giving allows employers to maximize their charitable impact. Employers can establish internal campaigns that allow their employees to participate in charitable giving alongside them through fundraising and employer-matching contributions.
A happier, more engaged workforce
Statistics show that employees are more likely to feel a sense of loyalty and belonging to companies that offer workplace giving opportunities. In fact, when surveyed by America's Charities organization, 71% of employees said “It is imperative or very important to work where the culture is supportive of giving and volunteering.”
Positive public perception
With so much going on in today’s world, customers want to know that the companies they support are doing their best to create positive change. A study by Ivalua & Forrester Research concluded that 69% of respondents report that their organizations have generated increased sales as a result of CSR (corporate social responsibility) initiatives.
How workplace giving benefits nonprofits
Increased funding and resources toward their mission
One of the more obvious benefits of workplace giving for nonprofits is the increase in funding and resources that allow them to continue in their mission toward creating a better world. For example, the more funding and resources St. Jude receives from its generous donors, the more opportunity we have to develop further research and treatment for children with cancer and other pediatric catastrophic diseases. The more research and treatment we can develop, the more lives can be saved.
Long-term partnerships with other organizations
Workplace giving programs help foster corporate partnerships between companies and their favorite nonprofit organizations. These partnerships are often starting points for new donation and volunteer initiatives and expanded donor bases for nonprofits.
Mission visibility and awareness
Speaking of expanded donor bases, workplace giving programs also help extend the reach of their partnered nonprofits’ messages and missions. This type of exposure helps to foster a broader audience as well as increased donations and access to volunteers.
Why support St. Jude through workplace giving
Unlike other hospitals, a majority of the funding for St. Jude comes from donations and fundraising efforts from our community of supporters. The money we raise helps us ensure the children who come to us for treatment and their families never receive a bill for treatment, travel, housing or food during their time at St. Jude.
Donations help us continue working toward our goal of saving as many lives as possible. Money raised during our fundraisers goes to treatment and cutting-edge research, as well as care for patients and their families.
St. Jude patient Rinoa gets a kiss from her mom
Make an impact for St. Jude kids
When you support St. Jude, you support a lifesaving mission to advance cures and means of prevention for pediatric cancer for children around the world. As a nonprofit organization, we rely on the support of our generous donors and volunteers to help us continue in this mission. Together, we can save more lives.
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