Matching Gift Companies. Department to find out if your company participates in a matching gift program. Ford Motor Company GE Foundation. Ford Motor Company Fund PricewaterhouseCoopers Matching Gift Program. Note: You will need a copy of the Adobe Acrobat Reader v3.0 or higher to read these documents.

Gavin James Remember Me Mp3. The, the philanthropic arm of the Dearborn, Michigan-based automaker, will no longer match employees' and retirees' gifts to colleges and universities, the Detroit Free Press reports. In operation since 1963, the matching program allowed workers and retirees to donate up to $5,000 a year to the school of their choice — a donation Ford would match dollar for dollar.

Last year, about $3.1 million of the $78 million the fund disbursed was through the program. According to Ford spokesman Oscar Suris, however, only about 2 percent of eligible workers and retirees participated. Wvs. Warcraft Version Switcher. Moreover, Ford had little input into where the money was spent, whereas it would prefer to have more control and earmark donations to causes 'more relevant' to the company.

Ford Motor Company Fund president Sandy Ulsh said ending the program was a strategic decision on the part of the board, and added that the money would be better redirected to other areas, such as K-12 math and science programs. No other major changes are slated at the fund, which gives away $75 million to $80 million a year. Nevertheless, the auto maker's recent struggles might be affecting its charitable giving, since the fund depends on an annual contribution from Ford.

Although the company managed to turn a profit for the first nine months of the year, earning $1.9 billion, its North American sales fell sharply in September and October and losses seem to be mounting. Higher education institutions that anticipated funds from the program now have to shift gears. The, for instance, has received $1.9 million through matched gifts from Ford since announcing a $2.5 billion campaign in 2004. 'We've got three more years of the campaign,' said U-M development spokeswoman Judy Malcolm. Radiologik Dj 2012 Serial more.

'I think that by saying right off the bat that we're losing $321,000 a year, that's certainly significant.'