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REXNORD FOUNDATION INC. MATCHING GIFT FORM

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The document outlines the Rexnord Foundation's Matching Gift Program, which encourages employees to donate to eligible nonprofit organizations by matching their contributions. It details the process for both donors and recipient organizations, eligibility criteria for donors and organizations, types of eligible and ineligible gifts, and general policies regarding the matching process. The program aims to enhance community support through employee contributions.

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How do matching gift programs work?

Companies with matching gift programs offer varying matching ratios. Most companies match donations on a 1:1 basis. However, ratios can range from 0.5:1 to 5:1. Companies can also set a minimum match, which means if a donation falls below the set amount, the company will not contribute.

What is the Pfizer Foundation Matching gifts Program?

The Pfizer Foundation will match active Pfizer colleague gifts of at least $25 each, but up to $15,000 in total gifts, per person per calendar year made. Retiree donations will be matched at 50% up to a maximum of $5,000 per calendar year.

What is the Pfizer program?

Pfizer Patient Assistance Program Provides free Pfizer medicines to eligible patients through their doctors office or at home. In order to be considered for the Pfizer Patient Assistance Program, you must: Be uninsured or government insured and unable to afford your co-payment.

What is a matching gift in fundraising?

Donation matching is a corporate giving initiative in which an employer matches their employees contribution to a specific cause, increasing the gift. For example, if a Kindful employee donates $50 to a local organization, the matching gift would be Kindfuls additional donation of $50.

How do I set up a matching gift program?

Well dive into the ten essential steps involved in starting a matching gift program, which include the following: Set minimum and maximum donation amounts. Choose a matching gift ratio. Designate qualifying employee types. Determine qualifying nonprofit causes. Establish a submission request deadline.

What is employee gift matching?

When an employee makes a donation, theyll request a matching gift from their employer. The employer then makes their own donation to the nonprofit. Companies usually match donations at a 1:1 ratio, but some will match at a 2:1, 3:1, or even a 4:1 ratio.

Does Pfizer match donations?

The Pfizer Foundation Matching Gifts program matches U.S. based colleague donations dollar for dollar to any eligible 501(c)(3) tax-exempt organization that meet program criteria, effectively doubling a colleagues contribution.

What is the major gifts program?

A major giving program focuses on building relationships with a portfolio of prospects who have the capacity and affinity to make a major gift. Any nonprofit can start a major gifts program no fixed amount determines what a major gift is to any one organization.

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