A matching gift represents a corporation’s philanthropic interest to support the charities to which its employees contribute or volunteer and to encourage a spirit of financial and charitable responsibility. Employers have matching gift programs as a benefit to their employees, including in most cases, part time and retired employees.
All matching gift companies match cash donations to charitable organizations. Many organizations match volunteer hours and stock transfers or securities. Each has its own rules regarding: length of service with your employer, retiree giving, minimum donation matched and maximum donation match, athletic donations, and so on. James Madison University Foundation, Inc. is a registered 501c3 charity. JMU will only approve the tax deductible portion of your donation for matching. The Matching Gift Office and the James Madison University Foundation, Inc. will comply with all organization matching guidelines. We kindly request the opportunity to confirm your tax deductible donation with your employer, either online or by paper form.
This can vary by organization, and we’ll be happy to research it for you. Our policy is to comply with each organization’s matching gift regulations. For the most part only the tax deductible portion of your personal charitable donation is eligible for matching.
Forms are usually available through an organization’s Intranet. Some are available on the Internet and that means JMU can get one to you. You can either contact your HR representative or us – email@example.com – to get your hands on a form. Paper forms should be sent directly to our office: Matching Gift Office, James Madison University, 220 University Blvd MSC 3603, Harrisonburg, VA, 22807-0002
Many organizations are moving to a paperless system and using the Internet to process matching gift requests. You will need to contact your HR representative or JMU Matching Gift Office – firstname.lastname@example.org – to get the URL to your employer’s registration site. We are in most online registries as “James Madison University Foundation, Inc.” and our EIN is 23-7156305. JMU’s Matching Gift Office asks that you email your registration confirmation to our attention so that we can login and confirm the donation with your employer. Without the confirmation we may not 1) know the gift is there waiting, or 2) be able to find the registration to confirm it. If JMU cannot confirm the donation, the organization will not send the matching donation!
JMU’s Matching Gift Office researches every match potential by calling or emailing the organizations as we receive your match request. If you aren’t certain, please email us – email@example.com. Some organizations do not match athletics in any way. However, many organizations have differing rules on matching athletics. The match might go to Athletics or be redirected to another fund. If the match is redirected, sometimes the organization allows the donor to select to which fund. We do the research on our end to be sure JMU is complying with the organization’s guidelines.
An additional note on Athletic donations: Donations to the Duke Club or the general athletic fund may be subject to benefits (contact the Duke Club or Matching Gift Office). These benefits reduce the tax deductible portion of your donation. Per IRS regulations the standard benefit is calculated at 20% (80/20 rule), but there may be other benefits depending on your donation and your parking, hospitality events, etc. If you are declining benefits – any benefits – you must state so in writing at the time you make your donation to Athletics/Duke Club.
Many organizations allow the donor to redirect the matching gift to another fund or charity. For example, if you give $100 to the Madison Fund, you may be allowed to redirect the match from your employer to the General Scholarship Fund. If you want this to happen, you must notify the matching gift office when you submit your form.
Also, some organizations do not match to specific funds and ask that their donation be redirected to a general fund. This happens most often with athletics.
No. Because you cannot obligate your employer’s donation, you cannot use a corporate matching gift to pay down a personal pledge.
Please, no. Your employer requests one form (paper or online) for each gift.
A corporate partner, or a matching gift liaison, is someone with a strong relationship and dedication to the programs and financial support of James Madison University. We are looking for alumni, friends, and parents who work for matching gift organizations that would be willing to spend some time comparing employee relations to JMU and act as a fund raiser. We have several liaisons within a handful of matching gift organizations and hope to grow our numbers. These volunteers “rally the Dukes” once or twice a year in a friendly competition – either amongst the organizations, between university ties, or just for the number of donations matched. For each donation to the university that is matched, the programs and scholarships at JMU are further funded because of these efforts. If you are interested, please contact firstname.lastname@example.org.
Please send me an email – email@example.com or call me, Heidi Findlay, (540) 568-2853.