At least in the US I’m pretty sure this has very poor tax treatment. The company match portion would be taxable to the employee while also not qualifying for the charitable tax deduction. The idea is they can offer a consistent match as policy, but if they’re offering a higher match for a specific employee that’s taxable compensation. And the employee can only deduct contributions they make, which this isn’t quite.
(About 85% confident, not a tax professional)
At least in the US I’m pretty sure this has very poor tax treatment. The company match portion would be taxable to the employee while also not qualifying for the charitable tax deduction. The idea is they can offer a consistent match as policy, but if they’re offering a higher match for a specific employee that’s taxable compensation. And the employee can only deduct contributions they make, which this isn’t quite.