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TGC EMPLOYEE MATCH
The Garrett Family Foundation is dedicated to relieving burdens of individuals and supporting organizations dedicated to the same cause.
All employees of The Garrett Companies, and Trusted Partners, are eligible to make contributions to The Garrett Family Foundation to help fulfill the mission of the Foundation, which is to foster resilience, ignite hope, and carve pathways to success for those facing obstacles.
All employee donations to The Garrett Family Foundation are eligible for a dollar-for-dollar match, up to a specified amount, per fiscal year as outlined in this policy.
Eligibility:
1. All regular, full-time, and part-time employees of The Garrett Companies, and all Trusted Partners, are eligible to donate to the Garrett Family Foundation.
2. Only donations made directly to the Garrett Family Foundation will be eligible for matching contributions.
3. Donations made by employees must be personal contributions and not from any company funds or resources.
Matching Contribution:
1. The Garrett Companies will match employee donations on a dollar-for-dollar basis, up to $500 per employee per fiscal year.
2. Any update to the maximum amount eligible for matching will be determined by The Garret Family Foundation’s Board and communicated to employees annually.
Process:
1. Contributions up to $500 per employee, per fiscal year, will be matched and funded directly to the Garrett Family Foundation.
2. A receipt will be provided to confirm the contribution amount for recordkeeping purposes. An itemized contribution document will be provided to the employee at the end of each fiscal year for tax purposes.
3. Employees are expected to adhere to all applicable laws and regulations governing charitable giving, including tax regulations related to charitable giving.
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