Prospect Research Address/Phone Updates Matching Gift Resources

Foundation #: 1100000 Last Updated: 2010/01/18
Company Name: Bank of America Corporation
Parent Company: Bank of America Corporation
Contact Name:  
Phone #: (800) 218-9946 
E-mail: Not Available 
Matching Gift Form URL: http://www.cybergrants.com/pls/cybergrants/ao_login.login?x_gm_id=1499&x_proposal_type_id=8904  
Minimum match: $25.00 Maximum match: $5,000.00 Total per employee: $5,000.00 Gift ratio: 1:1
Comments: Haiti Relief: $1 million; 50% of which directed to the American Red Cross.Retirees will no longer be matched as of 1/1/10.Retirees must apply for those matches online by March 31. However, they will still eligible for other programs, including a scholarship program for their children and a volunteer grants program in which the bank donates $250 to a nonprofit when an employee volunteers 50 hours per year, and $500 when the employee volunteers 100 hours.

Procedure:


N Employee donor sends check to matching gift company, authorized company officer adds matching gift check and forwards both to the recipient institution.
N Employee donor sends form with gift to recipient institution, authorized officer certifies and returns to company for match.
N Employee donor contacts corporation via telephone to report gift and initiate match.
N Employee donor presents evidence of gift (receipt) to matching company, and company matches.
Y Employee donor logs into the matching gift website and submits the master request to the program administrator's office. Donor's charitable institution is contacted by administrator to acknowledge the gift.
N Company accepts a faxed form completed and signed by an employee donor.

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