An unrestricted gift is one that is given to the University without any restrictions on its use. Unrestricted gifts enable the President of the University to place the contributions where the most critical need exists. Restricted gifts are earmarked by the donor for a specific college, department, program, or purpose.
When you make your gift, indicate in a note or on the memo line of your check to "apply the funds where needed most".
Some employers match charitable gifts made by their employees. The employees obtain a matching gift form from their company and mail it in with their gift to EIU. EIU then verifies the gift for the employer and works with them to complete the gift transaction. Most employers match on a 1:1 ratio; however, some employers match on a 2:1 or 3:1 ratio, usually up to a certain limit that they establish. For example, if the employee makes a gift of $500 to Booth Library and the company matches 2:1, then Booth Library will receive $1500 ($500 from the employee, $1000 from the employer).
A number of matching gift companies match gifts regardless of donor designation. However, there are some companies that will only match a gift to athletics if the gift is designated for an athletic scholarship fund. Some companies will not match a gift designated for any type of athletic fund.
|
