In today's fast-paced corporate environment, workplace giving has emerged as a vital way for employees to make meaningful contributions to their communities. At Twin City Wheels, we are excited to partner with you through your employer's matching-gift program. This powerful initiative allows your vehicle donation to go even further, enabling our organization to expand our reach and help more individuals in need.
The donation process is simple: after you donate your vehicle to Twin City Wheels, you'll receive a 1098-C form to verify your donation value. By submitting this form along with your matching-gift request through your employer's platform, you can unlock matching funds. These additional dollars can significantly enhance the impact of your generous gift, helping us better serve Minneapolis and the surrounding communities.
How to activate this channel
Donate your vehicle
Choose Twin City Wheels as your desired charity and donate your car. Ensure it qualifies for a tax-deductible donation under IRS guidelines.
Obtain IRS Form 1098-C
After the donation, you will receive Form 1098-C, reporting the fair market value of your donated vehicle. This document is essential for your tax records and matching-gift request.
Check your employer's matching-gift program
Log into your company's employee benefits portal and verify if they participate in a matching-gift program for charitable donations like vehicle contributions.
Submit your matching-gift request
Using your employer's platform (e.g., Benevity, YourCause), submit the 1098-C form along with Twin City Wheels’ name and EIN. Follow the specific instructions provided by your employer.
Employer verification and disbursement
Once your submission is verified, your employer will process the matching gift, which may be disbursed directly to Twin City Wheels.
×Impact multiplier
When you donate a vehicle valued at $1,500, and your employer matches your charitable contribution, your total impact can soar to $3,000. This substantial increase can empower Twin City Wheels to provide even more services to the community. Some employers even offer enhanced matching rates like 2:1 or 3:1 for specific causes, maximizing your contribution further. Additionally, board members or executives may have higher matching caps, amplifying the potential support for Twin City Wheels.
Common employer platforms + programs
- Benevity
- YourCause
- Bright Funds
- Cybergrants
- Double the Donation
- Causecast
- Network for Good
How to check eligibility
To check if your employer offers a matching-gift program, consult your HR department or employee benefits portal. Most companies will outline eligibility criteria, which generally include full-time employment status and participation in a charitable contribution program. Ensure your vehicle donation qualifies as a charitable gift under IRS regulations for it to be eligible for matching funds.
Minneapolis workplace-giving context
In Minneapolis, numerous Fortune 500 companies such as Target, U.S. Bancorp, and Xcel Energy encourage workplace giving among their employees. Minnesota's local United Way chapters support various charitable initiatives, making it a vibrant place for workplace-giving trends. Engaging with Twin City Wheels not only benefits our organization but also aligns with the philanthropic spirit prevalent in the region.
FAQ
What types of vehicles can I donate?
How is my vehicle's value determined?
What if my employer doesn't match donations?
How long does it take to receive matching funds?
Can I donate a vehicle in someone else's name?
What happens if my vehicle doesn't sell for the estimated value?
Will I receive a tax deduction for my vehicle donation?
Other workplace-giving channels
By taking part in Twin City Wheels’ workplace-giving program, you have the opportunity to amplify your impact significantly. Your car donation not only supports our mission but, with the help of your employer’s matching funds, can double or even triple its value. We encourage you to start the process today and make a difference in our community!