We are eligible to receive matching grant dollars according to the information listed below. Gifts must be first-time of 25K or more or 5 times greater than a donor's previous largest gift to a Day School in one fiscal year. If you are interested or know a donor who might be interested, kindly call or e-mail Elaine Suchow at SSSQ right away. Your support and outreach will help our school off to a wonderful start of the New Year! Thanks for all you can do. Elaine Suchow, Director of Development at SSSQ.

Your first-time Gift of $25, 000 or above to SSSQ will grow 50% with a Match Grant benefiting our children and programs directly!  Read below how you can Make a Difference for Jewish Education!

 

September 2007 • Elul 5767

·                     $5 Million in Matching Grants Available

·                     Applications Accepted Starting November 5

$5 Million in Matching Grants Available

MATCH has returned! This exceptional program to attract new donors--and bigger donations--will inject $15 million into the North American Jewish day school system this year. The $5 million matching-funds pool will provide a 1:2 match (50 cents for every dollar donated).

Which donations are eligible for MATCHmaking?

  • Gifts of $25,000 to $100,000 from first-time donors to Jewish day school education. Gifts exceeding $100,000 are eligible for a maximum match of $50,000.
  • Gifts of $25,000 to $100,000 that (at minimum) are a fivefold increase from the donor's largest previous gift. For example, the donor's largest gift was $10,000 and the new gift is at least $50,000.

The 2005-2006 MATCH program encouraged 300 donors to give gifts to 165 day schools. In the process, schools identified new major donors, encouraged donors to boost giving, and funded "dream" projects that had seemed out of reach. They also turned first-time gifts into lasting relationships with philanthropic partners.

Applications Accepted Starting November 5

Mark Monday, November 5, noon EST in your calendar. That's when an application form will appear on the MATCH website and MATCH will begin to accept applications. Applications will be considered on a first-come, first-served basis through Wednesday, January 9, 2008, 5:00 p.m. EST. MATCH recipients will be announced on or about January 31, 2008.

Important changes and details:

  1. This year's matching-gift pool is fixed at $5 million and will not increase. We expect more applications than MATCH can fund and will consider them in the order of submission. Meeting the January 9, 2008 deadline does not guarantee that matching funds will be available. Applications submitted after the $5 million is exhausted will be placed on a wait list. The bottom line: start promoting MATCH right away to donors and prospects and apply as soon as possible starting November 5.
  2. Donor applicants need not be Jewish Funders Network members at the time of application. If their gift is matched, they'll receive a year's free membership.
  3. To be eligible for MATCH funding, grants must be paid after November 5, 2007 and by May 1, 2008.

What types of gifts are eligible for matching funds?

Gifts must be directed toward an eligible Jewish day school located in the United States or Canada.

Gifts to non-day school institutions, even if they are for programs to benefit or support Jewish day school education are not eligible for MATCH. Examples of such non-eligible gifts would include: contributions to a local federation campaign for day schools; a day school teacher training program at a local Board of Jewish Education; a community foundation day school endowment campaign; an independently operated scholarship program for day school students.

Eligible gifts must be in support of program or operating expenses at a Jewish day school in North America.

Gifts to endowment funds at a Jewish day school or to an outside entity in support of a Jewish day school are not eligible.

Gifts to support capital projects at a Jewish day school are not eligible for matching funds. Capital projects are those which construct, renovate, or purchase physical assets.

Please note that while gifts may not be in support of a day school education project, endowment funds or capital, previous gifts by the donor in any of these categories make the donor ineligible to participate (unless the gift to be matched is a five times increase of their largest previous gift to support or benefit day school education). These gifts will be counted toward a donor's giving history and to the calculation of the largest previous gift amount and may make the donor ineligible.

Matching funds are only available for gifts which have been paid after November 5, 2007.

Can a donor earmark a gift for a particular program or purpose?

Yes. Both gifts to general operating expenses as well as those earmarked for a particular program or project at a day school are eligible for matching funds. However, gifts to endowments or for capital projects are NOT eligible for matching funds.

For more information, contact Elaine L. Suchow, Director of Development at the Solomon Schechter School of Queens, esuchow@sssq.org, 718.591.9800 Ext 321.