At Bayou Rides Exchange, we deeply value the generosity of our community and believe in empowering every individual to make a significant difference. By donating your vehicle, you not only support our mission but also have the opportunity to amplify your contribution through your employer’s matching-gift program. Many Fortune 500 companies offer this benefit, allowing you to double or even triple the impact of your donation.
Participating is straightforward and involves a few key steps. When you donate your vehicle, you will receive IRS Form 1098-C, which allows you to request matching funds. Simply submit this form through your employer’s designated platform alongside our charity information. The process is efficient, and your employer will verify your donation and distribute matching funds directly to us, ensuring your generosity goes even further.
How to activate this channel
Donate Your Vehicle
Arrange to donate your vehicle to Bayou Rides Exchange. After the donation, you will receive IRS Form 1098-C, which is essential for requesting matching-gift funds.
Obtain Your 1098-C
Once your vehicle donation is processed, you will receive a 1098-C form from Bayou Rides Exchange. This document is crucial for documenting your charitable contribution.
Submit Matching-Gift Request
Log into your employer's matching-gift platform (like Benevity or YourCause) and submit your matching-gift request. Include your 1098-C receipt and our charity's details.
Employer Verification
Your employer will verify your donation and the information provided. They may reach out for any additional details required to process the match.
Receive Matching Funds
Once verified, your employer will disburse the matching funds directly to Bayou Rides Exchange. This can take anywhere from 30 to 90 days post-donation.
×Impact multiplier
Imagine the difference your vehicle donation can make. For example, if you donate a car valued at $1,500, and your employer matches this 1:1, your total contribution to Bayou Rides Exchange becomes $3,000. Some companies may even offer enhanced matching, such as 2:1 or 3:1 for specific causes, further amplifying your impact. Not only does your generosity provide crucial resources for our programs, but it also inspires others to follow suit, creating a ripple effect of community support.
Common employer platforms + programs
- Benevity
- YourCause
- Bright Funds
- Cybergrants
- Double the Donation
- Hewitt
- Causecast
How to check eligibility
To determine if your employer offers a matching-gift program, check with your HR department or employee benefits portal. Typically, Fortune 500 companies and large organizations have these programs in place. Ensure that your donation meets the qualification criteria, such as the 501(c)(3) status of our organization, to take advantage of this beneficial initiative.
Louisiana workplace-giving context
In Louisiana, several major employers, including regional branches of Fortune 500 companies and healthcare systems, participate in workplace-giving initiatives. Local United Way chapters also provide resources and support for charitable donations. The trend towards corporate social responsibility is growing, highlighting the importance of community engagement and philanthropy in the workplace across our state.