Duke Energy Matching Gift Program Guidelines printable pdf download

Matching Gift Program Guidelines

To encourage and support the generosity and community involvement of employees and retirees, Duke Energy offers The Duke Energy

Foundation Matching Gift Program which provides matching funds to the charitable organizations employees and retirees personally support. To

maximize the impact, Duke Energy matches, dollar for dollar, donations made by eligible participants to educational institutions and .50 for dollar

for donations made to all other charitable organizations, up to $5,000 per donor per calendar year. The Duke Energy Foundation reserves the

right, in its sole and absolute discretion, to refuse payment of a matching gift to any nonprofit organization, if the Foundation believes or

determines that such organization’s actions or values are not aligned with The Duke Energy Foundation philanthropic goals. The Duke Energy

Foundation reserves the right to further restrict gifts based on the availability of funds.

___________________________________________________________________________________________________________________

ARTICIPATE

 Regular, full-time employees who have worked at least 30 days.

 Membership dues for which benefits are received.

 Part-time employees who have worked for at least one year with the company.

 Duke Energy does not match Charitable Remainder Trusts. The company

 Retired employees who receive benefits from Duke Energy Corporation.

does not match gifts in which the donee does not have immediate use of those

 Active members of the Board of Directors of Duke Energy

funds from the donor.

 Any company led campaign (i.e., United Way, ASC, Arts Wave).

Corporation.

 Gifts from Spouses or Survivors are not eligible.

OW THE

ROGRAM

ORKS

Note: All eligible employees/retirees in the U.S. may donate funds

The employee should:

for gift matching to qualified charitable organizations.

 Complete Part 1 of the form.

 Mail the original form, with the donation and any other necessary documentation,

HICH INSTITUTIONS QUALIFY TO RECEIVE

ATCHING

UNDS

to the institution of your choice that meets the criteria listed in the guidelines.

To receive funds, all organizations must be a U.S. nonprofit with a

(Faxed copies will not be accepted.)

501(c)(3) designation by the Internal Revenue Service (IRS) or a U.S.

 The matching amount provided by Duke Energy will be designated for the

governmental subdivision.

same use as the original gift. If there is no designation, the matching gift

will be undesignated.

HAT

ONTRIBUTIONS

LIGIBLE

 Must be a personal gift, from the donor’s personal funds, which has

The recipient organization should:

been paid and not simply pledged. The minimum gift eligible for matching

PLEASE NOTE: BY COMPLETING THE MATCHING GIFT FORM ONLINE, THE

is U.S. $50.

RECIPIENT ORGANIZATION DOES NOT NEED TO COMPLETE ANY

 The maximum amount matched per employee per year is U.S. $5,000.

PAPERWORK.

 Contributions to educational institutions will be matched 1:1; contributions

 Complete Part 2 of the original application form.

made to all other approved institutions or organizations will be matched .50:1.

 The authorized officer of the charity must verify the donation, sign the application

 Gifts must be personal contributions made directly to approved

and return the original form to The Duke Energy Foundation Matching Gift

institutions/organizations.

Program, P.O. Box 8499, Princeton, NJ 08543-8499.

 The donor’s limit is based on the date of the gift.

 Gifts must be in the form of cash, check, credit card, or marketable securities

All matching gifts will be made in U.S. currency. Eligible gifts are

with a quoted market value. Gifts of securities are valued based on the

processed and matched to institutions on a bi-monthly schedule. Below is

closing price on the date of contribution. No other form of personal or real

the anticipated schedule (dates are subject to change).

property will be matched.

 The Duke Energy Foundation reserves the right to further restrict gifts based

Gifts Verified By:

Matching Gift Paid By:

on the availability of funds

January 1

February 15

March 1

April 15

HAT

IFTS

LIGIBLE FOR

ATCHING

May 1

June 15

 Any contribution that results in a personal benefit or privilege to the donor,

July 1

August 15

the donor’s family or anyone designated by the donor.

September 1

October 15

 Gifts for building construction or maintenance.

November 1

December 15

 Alumni(ae) dues or dues for similar groups.

 Tuition payments, contributions made in lieu of tuition or fees, tickets,

HERE A

IME

IMIT FOR

ATCHING

IFT

dues, meals, parking or other benefit.

Gifts must be registered within 90 days of the date of payment by cash,

 Subscription fees for publications.

check, credit card, or traded securities. Gifts registered after that time will

 Gifts of real estate or personal property.

not be eligible. All gifts must be verified by the recipient institutions in order

 Contributions made from money given to the donor by a third party with

to be matched.

the understanding that the donor would make a contribution to a specific

institution or cumulative gifts from several individuals reported as one

For more information, please contact the Matching Gift Program via phone at

contribution.

1-866-604-5486, via e-mail at

or visit the Matching Gift

 Gifts intended to fulfill the tithe or any church-related financial commitment.

Program Website at https://

 Bequests; life income trust arrangements; any gift that restricts the immediate

use of funds by the U.S. nonprofit.

Duke Energy reserves the right to interpret any request in administering the program,

 Insurance premiums.

and may suspend, amend, or discontinue the program at any time.

 Gifts or payments for primarily political or religious purposes.

Rev. December 12, 2013

Duke Energy Matching Gift Program Guidelines

Related Articles

Related forms

Related Categories