As a 501(c)(3) organization under the Internal Revenue Code, GRACE Scholars is eligible to receive matching gifts from many companies. This gives many donors the opportunity to double or triple the size of their gifts to GRACE. In the cases of matching gifts to GRACE, there is no tax credit being received by the corporate donor, so the matching gifts do not use up the cap on available tax credits. As each company sets its own rules, eligibility varies. Typically, the donor completes an online or paper form provided by the company. The form is then directed to GRACE. GRACE completes the charity’s section on the form and routes the form back back to the company. The company issues a check to GRACE according to its disbursement schedule. GRACE will designate the company’s match to the same designation as that of the donor, unless company policy states otherwise.

Not sure if your company matches gifts? Contact the company directly. GRACE will provide any necessary information to set up the matching gift. GRACE has had success with the following companies. This is only a partial list:

  • Abbvie Employee Engagement Fund
  • Ameriprise Financial Inc.
  • Bank of America
  • Benevity Community Impact Fund
  • The Coca-Cola Company
  • Equifax Foundation
  • GE Foundation
  • Goldman Sachs Group, Inc
  • Kimberly Clark Foundation
  • The McKesson Foundation
  • Merck Partnership for Giving
  • SunTrust Foundation
  • UBS
  • YourCause