PRO IVC

Creates an environment of trust, support, and legacy
Each year the IVC Foundation Board of Governors approves an amount of money to be used in two ways:

• The first amount is a pool of matching money that is split into two equal and discreet types of matches. Every participant will receive a match from both types of matches.
• The second amount is for monthly incentives, fundraising contests, and Giving Day

Near the end of July (after the fiscal year), based upon the Foundation Board of Governors’ approval, the match funds are disbursed in two ways:

• Equal share: Half will be shared among the participating program, scholarship, or group UP TO the actual amount one has raised.
• Proportional share: Half will be shared proportionally by every participant based upon the amounts raised for individual accounts.

The benefits of Foundation funds:

• Privately donated dollars
• NOT tax-payer based general funds, categorical funds, or grants
• Donor intent is what matters

Foundation accounts can be used to fund one’s school, department, program, club, scholarship, endowment, field trips, conference travel, marketing, or other related activities as long as it is allowed in the account description and within policy and law.