RETURN TO TABLE OF
CONTENTS Fall
2001
Double Your Donation-For
Free-With Matching Gifts By
Jamie Davis
Thousands of
people donate money to The CFIDS Association of America each year. Donors give
what they can, when they can, to help us to reach our ultimate goal: conquering
CFIDS.
But what if it you could double your
donation at no extra cost? What if you could turn your $50 pledge into $100, or
$100 into $200? What if you could convert $1,500 in Microsoft or other stock
into a $3,000 investment in critical CFIDS research?
Matching gifts can make that
happen.
The brainchild of former General Electric
chairman Philip Reed, matching gift programs started as a way to encourage
employees to support their alma maters. Today, 7,500 businesses and their
employees contribute more than $2 billion each year to diverse non-profit
organizations through their programs.
Most companies with a program will
match an
employee's gift dollar-for-dollar, although some will even match two dollars for
every one donated by the employee. Programs usually have minimum and maximum
gift eligibility requirements, generally $25 and $2000, respectively.
Although many people with CFIDS are
no
longer able to work, there are still ways to take advantage of the power of
matching gifts. Ask your spouse, your family members and friends to participate
in their companies' matching gift programs. Remind people about matching gifts
at your next support group or church group meeting. Anyone who makes a
contribution to the Association can have it doubled (or tripled) if they work
for a company that sponsors a matching gift program.
Most gift-matching plans follow a similar
procedure. Human resource offices typically manage the plan and provide matching
gift forms to employees. The donor/employee then sends the form, along with
their personal contribution, to The CFIDS Association of America. The
Association certifies that the gift has been received and returns the form to
the employer. The company then verifies the eligibility of the employee and
sends a matching check to the Association. The Association's development office
is prepared to handle the process, with little effort on the part of the
donor/employee.
To find out if a business participates
in a
matching gift program, ask the company's human resources office. It is possible
that smaller companies that do not have a formalized program will participate if
asked. Or contact the Association's development office at 704-364-0466 or
development@cfids.org. We have details
on thousands of companies with matching gift programs.
Matching gifts matter. Consider their
power
as you make your next charitable contribution to The CFIDS Association of
America.
Jamie Davis is director of development
for The
CFIDS Association of America.
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