Wednesday, January 14, 2009

Matching Gift Programs Affected by Poor Economy

Today's Wall Street Journal reports that a number of companies are suspending their matching gift programs or reducing the amount matched. These programs either give a particular dollar amount to a charity for a given amount donated by the employee or provide donations for a certain amount of employee volunteer hours.

Some of the companies that have adjusted their matching gift programs include Proctor and Gamble, Weyerhauser, General Motors, Pfizer, and Northrop Grumman.

Article