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In philanthropic giving, foundations and corporations often give money to non-profit entities in the form of a matching gift. [2] Corporate matches often take the form of employee matching gifts, which means that if an employee donates to a nonprofit, the employee's corporation will donate money to the same nonprofit according to a predetermined match ratio (usually 1:1).
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2. Submission - Upon reaching the required threshold for volunteer hours, the employee completes the volunteer grant request. This normally consists of completing an online or paper form that includes specific information about the nonprofit (ex. name, contact information, nonprofit tax ID, etc.) 3.
The employer matching program is any potential additional payment to an employee's 401(k) plan. Since the start of the credit crisis and the 2008 recession, companies are either stopping matching programs or making the match available to employees based on whether or not the company makes money. [citation needed]
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The Gift of Life Marrow Registry is a non-profit organization founded in 1991 and headquartered in Boca Raton, Florida that operates a public blood stem cell and bone marrow registry while facilitating transplants for children and adults battling life-threatening illnesses, including leukemia, lymphoma, other cancers and genetic diseases.
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