Team Fundraising Program
January 01, 2012
Verizon Employee Grace Cotto Helps Raise Over $50,000
“Getting Involved Brightens Your Heart”---For the past nine years, Grace Cotto has motivated others within Verizon and inspired community partners through her steadfast work as a Team Captain in the Verizon Team Champions Program.… Read more
About the Program
The Team Fundraising Program offers support to teams of 10 or more employees who participate in cause-related walks/runs/bike events with an eligible nonprofit organization. To qualify, each team member must raise funds and participate in the organized event. Team members can have their funds matched up to $1,000 per member and up to $10,000 per team event.
The cause-related event must be open to the public with more than just the Verizon team participating. The Verizon team must engage in the event in the same way as other teams (the event cannot be modified for VZ employees for the purpose of utilizing the Team Fundraising program).
Pay-to-play events do not qualify for the Team Program. With pay-to-play events there is a monetary fee for the privilege to engage (play) the event. The fee in pay-to-play is the fundraising component of the event. Most charity golf events fall into this category.
• U.S.: Most U.S. based 501(C)(3) organizations, U.S. public and private schools and U.S. accredited colleges and universities.
• APAC, Canada, EMEA, LATAM: Click here for the organizations list
To participate in the Team Fundraising, log in to register your team and event or to browse events and find a team to join. Be sure to register before the event takes place. Once you have participated in the event, you can record team member donations online. For more information on the program or on receiving your match, please call 1-866-247-2687.
- All active full-time and part-time employees are eligible; retirees are not eligible.
- Ten or more active full or part-time employees are required to participate per team; team members must register prior to event taking place.
- Team member must be an active full-time or part-time employee when they register for the team, register their fundraising total, and when the team event takes place.
- Each team member is responsible for their own fundraising.
- Each team member must fund-raise and participate in the event.
Not finding what you need? Email us at firstname.lastname@example.org or call (866) 247-2687.
What qualifies under TIP as an organized pledge-a-thon?
In order for an event to qualify as an organized "pledge-a-thon", the primary purpose for the event must be to raise donations pledged on behalf of event participants for the nonprofit organization prior to the event taking place. The event participants must participate in a coordinated group activity (e.g. walk-a-thon, bike-a-thon, read-a-thon, etc.) during the event and the event must be open to the general public; not just the Verizon Team members.
- Pay to play events are not eligible
What qualifies under the Team program as an organized pledge-a-thon?
In order for an event to qualify as an organized "pledge-a-thon", the primary purpose for the event must be to raise donations pledged on behalf of event participants for the nonprofit organization prior to the event taking place. The event participants must participate in a coordinated group activity (e.g. walk-a-thon, bike-a-thon, read-a-thon, etc.) The event must be open to the general public; not just the Verizon Team members.
- Pay to play events are not eligible
Who does the fundraising for a Team event?
Fundraising must be done by the individual members registered for the team event. Employees are not permitted to register/request a Team grant for the fundraising/donation efforts of others.
Does the VZ employee need to participate in the event to request a Team grant – or does fundraising in and of itself qualify under the Team program?
The employee must fundraise and participate in the event in order to request a Team grant on behalf of their efforts.
If I'm not certain if an event I'm participating in is eligible under the Team Program, what should I do?
Please contact the Verizon Matching Gifts Programs Support Center by e-mail at: email@example.com or by phone at: 1-866-247-2687 from 8:00AM to 8:00PM Eastern Time Monday through Friday. We'll let you know if the event is eligible for matching funds under the Team Fundraising.
If a nonprofit requires a minimum dollar amount in order to participate in a pledge-a-thon, can an employee use the match to reach the minimum dollar amount?
No. An employee must raise the full amount through pledges and cannot use the Foundation's match to reach the required minimum dollar amount requested by the nonprofit.
Does a team have to register before a pledge-a-thon event?
Yes, the team of active employees must register at least 2 weeks prior to the event.
If there's a registration fee associated with a Team event pledge-a-thon event, is the registration fee eligible for a match from the Verizon Foundation?
No. Only pledges raised by the employee and the team are eligible for the Team Program match.
Can a team of 10 employees or more register a pledge-a-thon event after the event takes place?
No. Teams must register events prior to the actual event date.
Can employees participating in a Team Program pledge-a-thon event register the hours they spent organizing the event and collecting pledges through the Volunteer Program?
No. Hours spent organizing a pledge-a-thon event are not eligible to receive a Volunteer Incentive Program grant award.
Can employees participating in a Team event pledge-a-thon event register their pledge amount under the Matching Program?
No. Only individual active Verizon employee contributions -- not pledges -- are eligible for a match through the Foundation's Matching Program.
If I participate at a telethon/radiothon with other Verizon employees (answering phones, taking pledge information, etc.) would this be eligible under the Team Program?
No. Telethons/radiothons are not eligible for the Team Program.
Are multiple teams eligible to receive separate matches for the same event (same host organization, city, state, event date)?
No. Multiple teams may not be matched for the exact same event, they would be combined and matched as one team.
How does the company's solicitation and distribution guidelines apply to these charitable activities?
The Code of Conduct prohibits the use of Company resources as a tool for solicitation.
Am I permitted to request a grant for my donation to a nonprofit if I am a paid employee of the benefitting nonprofit organization or receive a stipend from the organization?
No. You may not request a grant for your donation to an organization if you are a paid employee of that organization or receive a stipend from the organization.
Please be sure to abide by all Program rules.
Only those application that adhere to the Program rules will be considered for approval and payout. All Matching Gifts/Volunteer grant/Team grant requests are subject to review by Verizon Internal Audit and Verizon Security.
As stated in the code of Conduct, Verizon does not tolerate falsification or improper alteration of records. Failure to comply with any provision of the Code or company policy is a serious violation, and may result in disciplinary action, up to and including termination of employment.
Eligibility, terms, and conditions of the program are subject to change. If you have any questions regarding these terms and how they apply to you or your gift please call us at 866-247-2687 and we will be happy to review them with you.