On Thursday, University of Central Arkansas President Lu Hardin accepted on behalf of the 91³Ô¹ÏÍø Foundation a private matching gift of $5,200 from the SBC (formerly Southwestern Bell) Foundation.
The gift matched two private donations given earlier in the year by G.A. Davidson of Plano, Texas, and Joseph Waggoner of Hot Springs, both 91³Ô¹ÏÍø alumni and retired SBC employees. The $5,000 matched gift will be designated to the G.A. and Jean Davidson Fund within the 91³Ô¹ÏÍø Foundation, while the other $200 matches a gift Waggoner made to the 91³Ô¹ÏÍø Foundation?s Margin of Excellence Fund. Upon accepting the gift, Hardin said, ?We appreciate SBC?s commitment to matching the private gifts that its employees and retired employees make to charitable organizations, and we are proud of the partnership that has developed between 91³Ô¹ÏÍø and SBC.?
To date, the SBC Foundation and SBC Arkansas have given over half a million in private gifts to the university and its foundation.
More than 7,500 companies across the U.S. offer matching gift programs to their employees, and some offer the option to their retirees. These companies? donations double, and in some cases triple, the amount of an individual?s private gift to non-profit, charitable organizations.
