The annual fund provides resources to California State Universities for a host of purposes including scholarships, program enhancements and student services. Through an annual gift, donors contribute to a university's growth and success in every area and discipline.
Who gives to the Annual Fund?
The annual fund is the cornerstone of giving to any university. The dollars raised through the annual fund at CSU universities represent thousands of individual gifts from alumni and friends who care deeply about accessible, affordable, high quality education. Annual gifts come from a range of campus communities: alumni, faculty, staff, parents, emeriti, students and friends who enhance the quality of academic programs through their support.
What are matching funds?
Did you know you can double or sometimes triple your gift to a CSU university if your company matches employee contributions to higher education? Taking advantage of your company's Matching Gift program is as easy as 1,2,3.
- Contact your Human Resources Office for eligibility requirements and to find out how to arrange your gift. Remember, many companies match the gifts of retirees, spouses, surviving spouses, and outside directors.
- Follow your company's procedure whether it's completing a paper form or using a call-in system.
- If your company uses a paper form, mail the completed form along with your gift, to the CSU campus of choice.
Matching gifts are a vitally important source of funds for California State Universities. They are also an increasingly important way for companies to allow their employees to direct a portion of the monies earmarked for charitable contributions to a university of their choice.
- Why do companies establish matching gift programs?
By giving to a California State University that educates their employees, companies "give where they get." Matching gifts are a way for companies to show their appreciation for the California State University system and to ensure that a supply of educated personnel will continue to be available to them.
Even if matching gift companies do not employ alumni of a CSU, they may receive indirect benefits from a particular university. They may enjoy the university's contributions to the economic or cultural well-being of the community, or the education of family members of their employees.
- Will my company match my gift?
Many companies encourage employees to be philanthropic by matching employee gifts to colleges and universities. Most companies match dollar for dollar and some will even match 2:1 or 3:1. Contact your personnel or human resources office to get information about your company's matching gift policy.
- Can a donor designate the matching amount?
In most situations, a California State University will follow the company's policy for designation. If it is the policy of the company to designate its gift to the same organization you designate, the match will follow your gift. If the company requsts that their gift go to an unrestricted account, their gift will benefit the priority needs at that CSU campus. Either way, you get credit for the match, and CSU benefits from the additional gift.