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| Minimum match: |
$25.00 |
Maximum match: |
$4,000.00 |
Total per employee: |
$4,000.00 |
Gift ratio: |
1:1 |
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| Comments: |
Wells Fargo is changing Wachovia's matching-gift program.The bank had matched up to $4,000 per year in donations, including up to $1,000 for non- education-related donations. Starting in January 2010, it will match up to $5,000, but only for education-related gifts.Paper Forms discontinued.8/25/09:Karen at the JK Group/Wachovia confirmed that a separate matching program would be in place for both Wachovia and Wells Fargo until 12/31/09. As of 1/2010 Wachovia employees would be eligible for matching through the Wells Fargo matching program. She said forms for 2009 gifts to be matched through the Wachovia program would be accepted through 4/2010. It was a lot of information, but I believe I got it accurately.
1/16/09: Wachovia is now part of Wells Fargo.
Focus on education. Max. gift for education is $4000. $1,000 of this can be used for other non-profits if requested. Building funds for schools/capital funds are eligible for matching as long as they are not building an athletic facility or any other type of non-academic building. To clarify further: gifts for athletic programs including facilities, and other non-scholastic programs fall under the $1000.00 category. Athletic Scholarships are eligible under the $4,000 limit as long as the employee notes on the form or in purpose online entry.
On-line giving requires user name/password. Volunteer rate is $100/24 hrs. Max. of two $100 volunteer matches/employee. Faith based organizations must have a community o |
Procedure: |
 Employee donor sends check to matching gift company, authorized company officer adds matching gift check and forwards both to the recipient institution.- Employee donor sends form with gift to recipient institution, authorized officer certifies and returns to company for match.
- Employee donor contacts corporation via telephone to report gift and initiate match.
- Employee donor presents evidence of gift (receipt) to matching company, and company matches.
 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.- Company accepts a faxed form completed and signed by an employee donor.
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