Employee Matching Gifts Program
The Freeport-McMoRan Foundation will match employee contributions of $25 or more, up to an annual maximum of $40,000. The first $1,000 contributed per eligible nonprofit organization will be double matched and any amount above $1,000 will be single matched, subject to the annual maximum. In 2013, the Foundation gave over $5M to organizations through the Matching Gifts program.
All permanent, full-time or part-time employees, and full-time consultants (as designated by Human Resources) employed by Freeport-McMoRan (FCX), including any division, subsidiary or affiliate of the company and eligible retired directors and members of the Corporate Board of Directors.
- Any nonprofit, civic, health, social welfare, educational, cultural, environmental or other community organization that provides a public service is eligible.
- Organizations must have tax-exempt status as defined in Section 501(c)(3) or 509(a)(1, 2 or 3) of the U.S. Internal Revenue Code, or be an instrumentality of a state or local government (as defined by Section 170(c)1 of the Internal Revenue Code which generally covers educational institutions).
- No personal material benefit may be derived by the employee (or a family member). For example, funds may not be used for membership fees, event / entrance fees, event tickets, student tuition or fees, etc.
If you are a Freeport-McMoRan employee, click the button below to apply for the Employee Matching Gifts Program or to check the status of your matching gift! For instructions on how submit a matching gift through the online system, please view the Matching Gifts user guide.
Use of Funds Contributed by Freeport-McMoRan Foundation
Employee donations may be in the form of check, credit card payment, or securities with a quoted market value only. The Foundation does NOT match in-kind donations.
Employee donations must be solely charitable in nature, with no material benefits received by the donor. Meaning, absolutely no personal, material benefit may be derived by the employee (or a family member) as a result of their charitable donation.
The Freeport-McMoRan Foundation match contributions MUST follow the personal donation made by the employee. The program that receives the initial donation will receive the Foundation match. The Foundation nor the employee can designate a Company match to go towards an alternate program even if it is within the same organization.
The Freeport-McMoRan Foundation does NOT match donations made for any of the following and the Foundation’s match contributions may NOT be used for any of the following: reduction in or payment of tuition/fees; religious institutions or programs whose primary purpose is propagating a particular religious faith, creed or doctrine or programs limited to membership at a place of worship; organizations that discriminate on the basis of race, gender, religion, age, disability or veteran status; political or lobbying organizations, including those supporting the candidacy of any individual; organizations that may pose a conflict with the goals, programs, products or employees of Freeport-McMoRan and its subsidiaries; individuals, including support for specific students, researchers, travel funds, conference fees, medical procedures, etc.; labor organizations; housing and/or travel subsidization for the employee or any recipient; membership fees or dues; event /entrance or subscription fees; tithes/offerings; insurance payments; equipment fees; event tickets; advertising; collegiate athletic programs (such as construction of an athletic stadium or athletic scholarships); or gifts to organizations not eligible to receive tax-deductible charitable contributions as determined by the IRS.
Matching Gift and Employee Volunteer Fund Request Entry and Payment Schedule
January 1 – March 31: Match check sent by May 15
April 1 – June 30: Match check sent by August 15
July 1 – September 30: Match check sent by November 15
October 1- December 31: Match check sent by February 15 of the following year
Matching Gift Requests: If you do not upload a gift receipt with your request please be sure to follow up with the organization and ensure they confirm your gift. Your request will remain pending and will not be paid out until the organization confirms the gift.
All gifts must be verified by the recipient organization (or the employee must upload a receipt from the recipient) by December 31 of the gift date's following year. If not verified by this date, the nomination will no longer be eligible for funds. Outstanding gifts from terminated employees must be verified 90 days from the employee’s termination date or they will no longer be eligible. Employees MUST enter all gifts prior to termination.
If you are a nonprofit or school who has received a charitable, tax exempt donation from a Freeport-McMoRan employee, encourage the employee to apply for the Matching Gifts Program. Nonprofits and schools who have verified a Matching Gift through our website can check the status of matching funds here.