The Power of Matching Donations
Many companies support their employees by providing matching donations to charitable organizations. Since the Alyn Scholarship Fund is a 501(c)(3) non-profit corportation, donations made outside of the tuition tax credit program are eligible to be deducted as a charitable contribution. For those companies that match their employees giving, they will be able to take a chariable contribution deduction and their matching donation will not count against the current tax credit cap of $58 million.
Matching contributions are a great way to dramatically increase the value of donations to ASF. We highly encourage taxpayers donating to ASF to inquire with their company's Human Resources or Community Relations Office to find out if a matching donation program is in place. Companies that do provide matching donations have individual processes for doing so and ASF will work closely with them to ensure that the matching donation is received. In addition, ASF allows the taxpayer making the initial donation to determine which school(s) receive the matching donation.
Imagine doubling or tripling the value of your donation to the school(s) of your choice.
That's the Power of Matching Donations!
Matching contributions are a great way to dramatically increase the value of donations to ASF. We highly encourage taxpayers donating to ASF to inquire with their company's Human Resources or Community Relations Office to find out if a matching donation program is in place. Companies that do provide matching donations have individual processes for doing so and ASF will work closely with them to ensure that the matching donation is received. In addition, ASF allows the taxpayer making the initial donation to determine which school(s) receive the matching donation.
Imagine doubling or tripling the value of your donation to the school(s) of your choice.
That's the Power of Matching Donations!
