Qualcomm's Matching Grant Program:


Purpose:

The Matching Grant Program encourages employees to contribute to Internal Revenue Service (IRS) recognized non-profit organizations by providing matching funds.

Scope and Eligibility:

This policy applies to all regular employees.

Policy:

QUALCOMM provides grants to match tax-deductible employee contributions to IRS recognized non-profit organizations. The grant matches each dollar contributed by an employee on a one-for-one basis up to the following maximum amounts:

All Employees: $1,000 per fiscal year. Director and Above, Principal Engineer, Senior Staff Engineer: $5,000 per fiscal year

Note: The fiscal year limit for part-time employees is pro-rated based on the number of hours worked per week. For example, if a manager works 20 hours per week, she will have a matching grant limit of $500.

QUALCOMM will match tax-deductible donations per fiscal year to a maximum of ten qualified charities. Matching grant limits are applied on a fiscal year basis. Donations will be matched by QUALCOMM in the fiscal year in which the donation was made. Please submit all receipts to Corporate Giving by September 1 of each year for matching in the current fiscal year.

NOTE: There is no form needed for submission of a matching grant-only the receipt for your donation is needed to make the match.

Cash Contributions:

The minimum employee contribution eligible for a QUALCOMM matching grant is $50.00. Employee contributions must be made by check, money order, or gifts of stock.
You must request matching grants by completing an on-line form. You will no longer need to submit copies of your receipts.

It's easy to get started. Simply follow these steps:

  • Request a password by visiting the new on-line web-site www.easymatch.com/QUALCOMM Please note: this is an external web-site.
  • We will send you an e-mail with a temporary password. You will then be required to reset your password.
  • Submit a request for a matching contribution by completing the on-line form. You will no longer need to submit copies of your receipts. We will verify directly with the organization that your donation was received.
  • You will receive an e-mail confirmation once a request has been successfully submitted.
  • The Corporate Giving Committee will review your request for approval on a monthly basis.
  • Once approved, a letter along with the check is sent directly to the recipient nonprofit organization. The letter notifies the nonprofit organization of the corporate donation, made in support of your contribution.
  • You are notified via e-mail of the approved matching grant request.
IMPORTANT: Matching Grant Policy Change for FY06

You must request a matching grant within six months of the original donation date. All matching grants will be applied to the fiscal year limit in which the original donation was made.