 Community Service Matching Gifts

COMMUNITY SERVICE MATCHING GIFTS

In addition to our Matching Gifts Program, the Community Service Matching Gifts Program recognizes volunteerism and community service as a value we hold at Wallace. The program provides an opportunity for employees to volunteer with non-profit organizations of personal interest and build collegiality by working together on a project as a member of a self-organized team.

For individual employees:  For every 20 hours of volunteer work with an Eligible Organization, the foundation will make a contribution of $1,000

For self-organized teams working on a project:  For teams of at least three employees volunteering at least 10 hours each on a specific project1 with an Eligible Organization, the foundation will make a contribution of $1,500  For each additional employee on the team working 10 hours, the foundation will add $500 to our contribution

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 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.

How does this program work?

What non-profit organizations are eligible?

1 A project is a specifically defined work activity that requires multiple volunteers working together at the same time at the same location. A project may be one day or a recurring project such as a team working together once a month.

 Please note: Organizations who are recipients of Service to the Field grants are not eligible as you can fulfill your volunteer service responsibilities during the work day.

There are three simple steps:

1) Complete the Hours Report (Individual or Team) located here on the intranet. For team projects, all members of the team should sign the Team Hours Report.

2) Ask the organization to complete the Organization Due Diligence form (located here on the intranet) and provide their IRS determination letter.

3) Send the Hours Report, Organization Due Diligence form, and IRS determination letter to

Community Service Matching Gifts/Finance. Finance will complete the due diligence review and send the foundation’s contribution to the organization, notifying you (individual and/or team members) that the contribution has been sent.

How do I submit a request for a Community Service Matching Gift?

The foundation reserves the right to determine whether a matching gift will be made, and may suspend, amend or discontinue this Community Service 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.

Community Service Matching Gifts Program January 2017 ______________________________________________________________________________________________