FAQs

July 2024

Make a corporate matching gift

2024-07-19T16:15:54+00:00July 19th, 2024||

Many companies have matching gift programs and will match employee donations up to a certain amount, increasing or even doubling the value of your gift. Check to see if your company offers these programs through our matching gifts page.

Make a Qualified Charitable Distribution (QCD)

2024-07-19T16:14:26+00:00July 19th, 2024||

A Qualified Charitable Distribution (QCD) gives individuals who are at least 70 1/2 years old the ability to gift to the Foundation as much as $100,000 directly from your IRA. Since the IRA withdrawal substitutes for your Required Minimum Distribution (RMD), you save on taxes while having a strong, positive impact on your community.

Donate securities

2024-07-19T16:13:33+00:00July 19th, 2024||

Please note our instructions for securities have recently changed. Please email Minjee Lee, [email protected] for updated instructions. Gifts of securities to the Cambridge Community Foundation are accepted by Cambridge Trust. Please ask your financial institution to inform the Cambridge Trust with the security name; number of shares; and where the shares will come from (including a DTC number) prior to making the gift. Please be sure to indicate the transfer is for the Cambridge Community Foundation, and if relevant, specify a particular purpose at the Foundation. Our contact for securities at Cambridge Trust is: Laura C. McGregor Vice President and Trust Officer, Cambridge Trust 75 State Street, 18th Floor, Boston, MA 02109 Phone: 617-441-1434 Email: [email protected]

What if I still have questions?

2024-07-19T15:31:52+00:00July 19th, 2024||

For questions regarding your company’s programs, please contact your employer’s HR or community giving department. Much of the necessary information is also available on your company intranet. For questions regarding submitting a matching gift request to us, please contact Jennie Woo, director of development, at [email protected] or 617-807-2085.

How do I request a matching gift?

2024-07-19T15:30:12+00:00July 19th, 2024||

Requesting a matching gift is normally a five-minute process which must be initiated by the donor. You can do this by filling out and submitting a paper match form provided by your employer or through an electronic submission process. Please search our database for company specific information.

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