Individual and organizational donors from throughout the Wamego community and the surrounding area are invited and encouraged to participate in this Match Day event which will give them the opportunity to select which participating organization or organizations to support with their donations. One hundred percent of their donations will go directly to those funds with the Wamego Community Foundation as designated and directed by each donor. Although gifts of any amount are more than welcome and are encouraged, donations of a minimum of $25 and greater will receive a local match at $.50 for each $1.00 donated by a member of the public up to a maximum donation of $5,000 allowable to be made by each individual donor to each participating charitable organization.
In order to more clearly describe how these Match Day guidelines work, the following examples have been provided. In these examples, it is assumed that the maximum amount of public donations by public donors to each participating organization for whom matching funds will be eligible will be $10,000 for the participating organization. Matching funds will be made available and payable in an amount equal to 50% of the total public donations made to each participating organization up to 50% of this maximum amount of $10,000. Therefore, under these Match Day guidelines, matching funds will be made available to provide up to an additional maximum amount of $5,000 made payable directly for the benefit of the participating nonprofit or charitable organization.
Applying the hypothetical amounts as stated in the foregoing paragraph, the following examples illustrate how the various guidelines and parameters for making matching funds available to participating organizations for this Match Day will be applied:
- Jane Doe makes a single $1,000 donation to organization Y. In addition to this $1,000 donation, organization Y will also receive an additional $500 in matching funds from the Foundation and made with monies provided from Match Day matching funds.
- John Doe makes donations of $1000 each to four different organizations for a total Match Day donation from John of $4000. Since this total donation is divided equally with the amount of $1000 going to each of these four different and unrelated organizations, each of them would also receive a matching grant of $500 made available from monies provided from the Match Day matching funds.
- Carla Charity makes a $6,000 donation to a single participating organization that has long been the beneficiary of her charitable giving. This organization would receive a matching grant in the amount of $2500 from monies provided and made available from Match Day matching funds. The matching funds so received by this organization are in an amount that is less than 50% of Carla Charity’s total individual donation. This is because, under the guidelines and parameters established for this Match Day event, the maximum amount allowed to be matched for a single donor gift made to a single organization is $5,000. This would in turn result in a maximum amount of $2500 in matching grant funds that would be made available to this single organization from Match Day matching funds. If this same organization receives a second single donation of $5,000 or more from another different and single public donor (and not Carla Charity), then an additional matching fund grant from Match Day matching funds in the amount of $2,500 would also be payable to that organization. Furthermore, as the result of these two donations, this organization has now reached its maximum of $5,000 in matching grant funds allowed to be gifted to it under Match Day guidelines, and it would not be entitled to receive additional Match Day matching funds even though it may continue to receive additional individual donor gifts from the community at large throughout the day.
- Note that the maximum amount of total Match Day matching fund grants to each participating organization on this Wamego Match Day will ultimately depend on the total amount of monies ultimately made available for matching fund grants on Match Day, as well as the final number of nonprofit and charitable organizations who will participate as potential matching fund recipients. The final allowable matching fund amount for each participant and other final guidelines will be made available and posted on this website and also disseminated through various forms of media as soon as this information becomes final and is made available to the Foundation for this Match Day.
The matching fund monies earned by each non-profit and charitable organization on Match Day are outright grants and may be used as each such group desires and directs. For example, these grant monies may be added to an existing or new endowment, added to an expendable fund, or disbursed per the request of the group for a check to be used for payment of current day-to-day operating expenses.
All Match Day donations made by members of the public are tax deductible. If donors provide an email address, all gifts (by cash or check or made online) will generate an email receipt at the time of the donation and an additional receipt will not be mailed. If no email address is provided, donations made by cash or check will receive a receipt letter from and on behalf of the Wamego Community Foundation after the event. Persons or entities making cash gifts on Match Day will also be entitled to receive a handwritten receipt at the time the donation is completed.
In order to expedite the processing of gifts made by checks, donors making donations by check are required to write one check made payable to the Wamego Community Foundation in an amount equal to the total of all gifts made to various organizations by that individual donor. A separate donation form will be provided and used by each donor to identify and designate which organizations will benefit from each such combined gift. This donation form is available for downloading from this website.
Donations by participating organizations to their own fund will not qualify for matching grant funds or incentive prizes made available on Match Day.
Foundation Board Members and staff will be available at Iron Clad on October 5 to provide guidance and assistance to donors, to accept donations by checks and cash gifts, to assist with online donations, and to provide whatever other assistance may be needed by members of the public who request such assistance. If a donor is not able to personally deliver a donation and does not want to make an online gift remotely, another individual acting on that person’s behalf may bring a gift and either drop the gift off at Iron Clad at the drop locations located there or make the gift in person at the live event. All checks should be made payable to the Wamego Community Foundation.
Match Day donations, once made, are irrevocable and must be made in compliance with instructions, guidelines, and requirements of the Wamego Community Foundation without exception.
PRIZE INCENTIVES
The provisions of this section apply to participating organizations selected by drawings conducted hourly on Match Day by staff and volunteers who will be present and available from 7:00 am to 7:00 pm at Iron Clad, 427 Lincoln Avenue, in downtown Wamego, Kansas. Throughout this Match Day event, an individual organization will be randomly drawn and chosen every hour to win an extra cash donation for that charitable entity or organization. An additional $50 will then be given to each participating charitable entity or organization whose name is so drawn and chosen.
