The Deloitte Foundation states a dedication to funding higher education initiatives that “better prepare students for tomorrow’s business challenges.” This makes sense, given that its namesake financial consulting firm, the Deloitte Foundation, is likewise focused on finance, tax, and related business consulting.
But when it comes to its Matching Gifts Program, the foundation doesn't play favorites between financial business programs and any other track of higher education learning. It lets its employees play favorites instead.
The foundation's enormous employee matching gifts program focuses on matching its employees contributions to “degree granting colleges and universities” across the U.S. and beyond its borders. The foundation gives more than $5 million annually through this funding stream, to higher education institutions ranging from Ivy League universities and major state university research hubs to small public and private regional colleges. The Deloitte Foundation will match a lot of dollars, with that $5 million or so each year spreading across approximately 400 schools, with amounts as large as a recent gift of more than $330,000 to University of California-Berkeley.
More insight into the range of higher educational institutions funded include recent matching gifts of:
- $86,479 to Duke University (Durham, NC)
- $69,112 to Texas A&M (College Station, TX)
- $33,500 to Marquette University (Milwaukee, WI)
- $22,065 to Harvard University (Cambridge, MA)
- $21,500 to Brooklyn Law School (NY)
- $9,000 to Knox College (Galesburg, IL)
- $8,600 to the Rabbinical Seminary of America (Flushing, NY)
- $7,800 to Grove City College (Grove City, PA)
- $7,500 to the Moody Bible Institute of Chicago (IL)
- $7,500 to Eastern Central University (Ada, OK)
- $3,000 to American University of Beruit (Beruit, Lebanon)
- $2,500 to Smith College (Northampton, MA)
- $2,250 to the Virginia Military Institute (Lexington, VA)
- $1,500 to Hamline University (Saint Paul, MN)
- $1,050 to Howard University (Washington, DC)
Obviously alums aren't the only ones who can give to an institution; it's possible that Deloitte employees making donations to higher education institutions are parents of current or former students, or live in the region of one of these schools. But alumni power is certainly a major conduit here.
Tapping into this matching gifts program in a major way takes institutional initiative, but its rewards can be enormous.