Pfizer Foundation Matching Gifts Program Frequently Asked Questions
Matching Gifts Program Overview
The Pfizer Foundation Matching Gifts Program matches U.S. based colleague donations to any eligible 501(c)(3) tax-exempt organization that meets program criteria. This effectively doubles a colleagues' contribution, while allowing the Pfizer Foundation to support communities where colleagues live and work. The Program is a voluntary one designed to provide participants with an incentive to make periodic contributions benefiting eligible organizations that are important to them.
Starting in January 2017, YourCause will be the service provider to administer the Pfizer Foundation's colleague community engagement portfolio (including the Matching Gifts Program). YourCause is responsible for pledge data processing, website support and first-line customer service.
Colleague Eligibility, Historical Data and Match Limits
Who is eligible to participate in the Pfizer Foundation Matching Gift Program?
Retirees are also eligible to participate. Spouses or surviving spouses are not eligible for the Program.
How much will Pfizer Foundation match per year?
The Pfizer Foundation will provide a maximum of $5,000 per retired colleague per calendar year. The minimum eligible gift is $25. Retirees are matched at 50 percent up to $5,000 annually.
How is the annual donor limit determined?
The annual donor limit is determined by the actual date of the donor's contribution to the recipient organization.
Who is responsible for the Matching Gifts Program guidelines?
The guidelines for the Program are established by the Pfizer Foundation officers and approved by the Pfizer Foundation Board. Guidelines are reviewed on an annual basis.
What types of organizations are eligible to receive a match through the Pfizer Foundation Matching Gifts Program?
Nonprofit organizations located in the United States and Puerto Rico and recognized by the Internal Revenue Service as tax-exempt and designated a public charity under Section 501(c)(3) of the Internal Revenue Code (the "Code") or as an instrumentality of a federal, state or local government as provided by Section 170(c)(1) of the Code.
Eligible organizations include, but are not limited to: colleges and universities, private and public elementary and secondary schools, civic, arts and culture, health and human service agencies and environmental organizations.
What is a 501(c)(3)?
501(c)(3) is the section of the Internal Revenue Code which establishes the criteria for tax exempt charitable organizations. An organization must have 501(c)(3) status (i.e., must be tax exempt) in order to receive matching funds. Note that not all 501(c)(3) organizations qualify for the Program; only 501(c)(3) organizations that also are classified as "public charities" are eligible.
Are all gifts to eligible organizations matched by the Pfizer Foundation?
Not necessarily. Even if an organization is eligible, certain types of gifts are not. Types of gifts that are not eligible for matching include:
Gifts made to Charitable Remainder Trusts, Donor Advised Funds or Family Foundations.
Gifts to houses of worship (e.g. churches, temples, synagogues, mosques) or organizations whose primary mission is religious in nature.
Gifts made in lieu of payment for services (e.g., tuition payments) or other fees for service.
Gifts to organizations that discriminate on the basis of race, color, ethnicity, creed, ancestry, religion, gender, sexual orientation, age, gender identity or gender expression, national origin, marital status, pregnancy, childbirth or related medical condition, genetic information, military service, medical condition (as defined by state or local law), the presence of a mental or physical disability, veteran status or other characteristics protected by applicable laws.
Membership fees for which benefits are received.
Dues to alumni (ae) or similar groups.
Gifts or payments for primarily political or religious purposes.
Subscription fees for publications.
Insurance premium payments.
Bequests or life income trust arrangements.
Gifts of real or personal property.
Pooled gifts from several individuals reported as one contribution.
Gifts made by spouses or surviving spouses.
Tickets for benefit dinners or events.
Gifts made to anti-business organizations.
Payments to satisfy legal obligations.
In-kind services, materials, supplies or pledges.
Does the Pfizer Foundation match donations to religious organizations?
The Pfizer Foundation Matching Gifts Program does not match contributions to religious organizations, meaning houses of worship (e.g. churches, temples, synagogues, mosques). However, donations may be eligible for a match if the programs operated by faith-based social service organizations meet the following criteria:
The organization has a 501(c)(3) determination letter from the IRS;
The gift is designated to a particular program that is available and open to all individuals in the community;
The program is for non-religious purposes (such as a food pantry or domestic abuse shelter) and
The organization does not use the program to promote any religion.
Is a soup kitchen operated by a local church eligible for a match?
No. The soup kitchen must obtain a separate 501(c)(3) determination letter from the IRS to be eligible for a match. It cannot use the determination letter from the church.
Can colleagues donate money to organizations located outside the United States?
Organizations must be U.S. or Puerto Rico-based, but may serve needs worldwide.
How will a non-profit organization know who sent them a donation?
Donation checks include a letter of instruction for the organization to login to the YourCause NPO Portal in order to view all donor details for a specific check.
Pfizer Foundation Matching Gift Request: Submission Process, Disbursement and Deadlines
How do colleagues submit a matching gift request?
Matching gift requests can be submitted online or by paper form.
Online: http://pfizer.yourcause.com and submit a request electronically. As part of the request process, an acknowledgment form from the recipient organization must be uploaded to complete your request for a match. More information on this process can be found in the User Guides, located on the Community homepage.
EMPID# - is the employer generated identification number provided in the most recent letter.
Acknowledgement letter/receipt â€“ letter (email or printed) from the recipient organization thanking a donor.
Uploading acknowledgement letter â€“ letters can be scanned and saved to personal devices.
Paper: a request form must be downloaded from the online portal, completed and mailed along with a copy of an acknowledgement letter from the recipient organization to: Pfizer Foundation Matching Gifts Program, 6505 West Park Blvd, Suite 306 PMB 300; Plano, TX 75093.
Why do colleagues have to upload a receipt?
Colleagues must upload a receipt, or verification, of a donation during the matching gift request submission. This expedites the process, enabling matching funds to be disbursed to the non-profit organization quicker.
What happens if a colleague does not have receipt of a donation made to an organization?
If a colleague does not have a receipt of a donation, the colleague must contact the organization and request an acknowledgement letter of the donation. Once the colleague has the acknowledgement, the matching gift request can be made.
Can colleagues make an online donation via credit card?
Yes, using the online portal, colleagues can contribute to an eligible non-profit organization and submit a request for a Pfizer Foundation match in one easy step. Please note that there is a 2.4 percent fee associated with each credit card donation and credit card statements will reflect "United Way" for the charge.
When will the organization receive the Pfizer Foundation match?
Matching gift requests are processed daily and disbursed by check on a monthly basis to recipient organizations.
How long do colleagues have to request a match to a donation that has been made by check, credit card or stock?
All matching gifts requests made online or via paper should be made immediately after a donation has been made by the colleague. The Pfizer Foundation will provide a maximum of $5,000 per retired colleague per calendar year.
Is there a deadline for paper forms to be received?
The deadline for donors to submit a paper request is March 1st of the year following the donation.
Why do colleagues have to submit separate paper forms for each gift made over a period of time to the same institution?
Each gift is a separate transaction. One form per gift helps ensure that every donation is matched appropriately. Separate forms also facilitate record keeping and comply with the Pfizer Foundation's audit requirements.
Why is it necessary to provide the exact date of a colleagues' donation?
The Pfizer Foundation requires the exact date of gift in order to determine if the gift is eligible to be matched. The Pfizer Foundation's policy does not match gifts that are more than a year old.
How do colleagues determine the tax deductible portion of a donation?
If a donor does not receive any goods or services in exchange for a donation, the gift is 100 percent tax deductible and is eligible for a 100 percent match. In general, if a donor receives goods or services in exchange for a donation, all or a portion of that donation may not be tax deductible. Examples include dinner sponsorships, tickets, golf tournament events/dinners, promotional items, subscriptions, dues, etc. If there is any uncertainty, the recipient organization can provide details on what portion of the gift is considered tax deductible.
Donor Advised Funds
What is a Donor Advised Fund?
A donor advised fund (DAF) is a charitable giving vehicle that allows an individual to make an irrevocable, tax-deductible contribution of personal assets to establish a donor advised fund account at a 501(c)(3) entity (e.g., Fidelity Charitable, a community foundation, etc.). At any time thereafter, the individual may recommend grant distributions from that account to qualified charitable organizations.
Does the Pfizer Foundation match donations made into donor advised funds?
No, the Pfizer Foundation does not match donations into donor advised funds. Since January 2004, the Pfizer Foundation has not matched contributions going into donor advised funds (DAFs), as the Foundation does not have any control over the distribution of the funds once contributed to a DAF. The intent of the Matching Gift Program is to encourage direct philanthropy by colleagues and retirees to charities of their choice within the Program's guidelines.
Does the Pfizer Foundation match donations made from donor advised funds, family foundations or charitable gift trust?
The Pfizer Foundation matches donations from donor advised funds, private foundations and charitable gift trusts to public charities.
Customer Service Contact Information
What are colleague options for additional customer service?
Colleagues have three options for additional support.