 Matching Gifts

MATCHING GIFTS

At Wallace, we recognize your generosity by matching your contributions to qualifying charitable organizations. All full-time and part-time employees are eligible for the Matching Gifts Program.

How does the program work?

The foundation will match contributions to qualifying not-for-profit organizations on a two-to- one basis up to an annual maximum Foundation contribution for each employee of $15,000. Please see the instructions below for how to have your contribution matched.

ORGANIZATIONS

Eligible Organizations

Organizations located in the United States and recognized as a tax-exempt public charity under section 501(c)(3) of the Internal Revenue Code or an accredited educational institutions (K-12 and higher education), except if designated ineligible as described here, are eligible recipients.

Ineligible Organizations

 Organizations that promote or engage in violence, terrorism, bigotry or the destruction of any state

 Religious organizations (churches, synagogues, mosques and other houses of worship) or other organizations primarily promoting religious purposes. Faith-based community service organizations or schools may be considered eligible if the program: o is open to all individuals in the community regardless of religious belief; o serves a secular purpose, such as a food pantry, homeless shelter or education; o does not require participation in prayer, worship or other religious activities as a condition of receiving service(s) offered; and o does not use the individual donation or resulting match to propagate a belief in a specific faith.

 Donor advised funds, private foundations, supporting organization, and personal trusts

GIFTS

Eligible Gifts

A tax-deductible, personal charitable contribution of $25 or more made directly to an eligible organization while the employee is actively employed by The Wallace Foundation.

Ineligible Gifts are contributions:  Used to make or fulfill a pledge  Made to support partisan political purposes, influence legislation or elect candidates  Made for religious purposes, to fulfill a tithe or to support religious activities and programs

 Not considered charitable or tax-deductible in full or a portion thereof, e.g., ticket purchases, event registrations, or admission fees  Directly or indirectly benefit the employee, his/her family or other person designated by the employee such as: o Tuition, books, fees or other student expenses o Individual, family or group membership fees or dues  Made jointly by several individuals or with funds provided by other individuals  Real or personal property, non-cash/in-kind, insurance premiums, charitable gift annuities or bequests

Instructions for Matching Gifts requests

The Matching Gifts form is located here on the intranet.

Please complete Part A and send the form, along with your gift, to the recipient organization. The form includes information for the recipient information to complete and return to the foundation along with their tax-exempt information, should be sent back to the foundation for processing.

The foundation will complete the due diligence and send the matching contributions directly to the organization. Finance will send the employee an email notifying that the matching gift has been sent.

The foundation reserves the right to determine whether a matching gift will be made, and may suspend, amend or discontinue this Matching Gifts Program at any time.

This policy statement is not a contract of employment. The Wallace Foundation reserves the right to change or revoke this policy statement at any time without notice.

Matching Gifts October 2016