Indiana's Nonprofit Resource & Education Organization for OVARIAN CANCER
What are volunteer grant programs?
Volunteer grant programs are corporate giving programs created to encourage volunteerism in communities where employees live and work. Through these programs, companies provide monetary grants to nonprofit organizations where employees volunteer on a regular basis.
Companies either provide a set monetary donation for every hour an employee volunteers or provide grants once employees reach certain thresholds.
- Carmax provides a $10 grant for every hour an employee volunteers up to $10,000 annually.
- 3M offers $250 grants for nonprofits once an employee volunteers for at least 20 hours in a year.
The average volunteer grant is for $8-$15 per every hour volunteered by an eligible employee.
Volunteer grant programs are a fairly common program especially at medium to large companies. For instance, 40% of Fortune 500 companies offer volunteer grant programs.
has a volunteer grant program!