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Matching gift amounts for charities?
How can you verify the facts if a charity claims if you give a certain amount like $50 to their charity, that a matching amount is donated like they claim? Sounds like a way to induce more people just to give more if they think their gift is matched. I know that websites that are charity watchdogs may not go into that kind of detail if you look up the legitimacy of certain charities.
1 Answer
- Anonymous12 months agoFavorite Answer
If you look at the fine print, they will typically say the matching donation is up to a certain amount. So I could donate $50,000 and match everyone's donation $1 for $1 or even more but it only goes up to that amount. The charity runs the ad and goes out for donations and raises $1 million from people. they get that $1 million + $50,000 from me.