Chai Match 2 Rules and Procedures. March 22, 2013 Mark GoldMarta Boas Director Grants Administrator JCamp180Harold Grinspoon Foundation [email protected]@hgf.org. GoTo Meeting Logistics:.
Chai Match 2 Rules and Procedures
March 22, 2013
Mark GoldMarta BoasDirector Grants AdministratorJCamp180Harold Grinspoon [email protected]@hgf.org
GoTo Meeting Logistics:
A) Grab Tab – Click red arrow to open/close Control Panel. Click square to toggle Viewer Window between full screen/window mode. Click mic icon to mute/unmute your audio. Click hand icon to raise your hand.
B) Audio Pane – Select audio format. Click Audio Setup to verify Speakers & Microphone.
C) Questions Pane – Attendees can submit questions and review answers.
D) Type your question and click Send to submit it to the organizer.
Explain the Chai Match 2 requirements in greater detail.
Introduce you to, and train you on the Chai Match 2 forms that must be completed and submitted to JCamp 180 to receive matching funds.
Questions and discussion
Find today’s information on JCamp180.org
Our website also contains the Chai Match 2 documents shown in this webinar
Our pledge / gift reporting requirements are stringent and (by some first time participants) considered involved, convoluted or rigorous. Nothing could be further from the truth!
How do we fund Gants?
Funds are RESERVED based on pledges that meet the program requirements
Dollars are FUNDED
To the phase 1 pool based on payments of phase 1 pledges that meet the minimum required gift level of $9,000 and
to the phase 2 pool based on payments of phase 2 pledges that meet the minimum required gift level of $1,800
Dollars are RELEASED based on phase 2 payments of $1,800 or more
Phase 1 Pledges
Payment of the pledge MUST be received in full by the camp by March 18, 2014.
Phase 1 payment verification documentation must be submitted to JCamp 180 (within 30 days but no later than 3/18/14).
Pledges must be dated after November 3, 2012 and before October 18, 2013.
A phase 1 pledge Donor Information Form document must be submitted (for each gift) by October 18, 2013
Phase 1 GiftAdditional Information
Program OverviewPhase 1 Gifts:
Phase 1 Pledge and Gift Reporting
Program OverviewPhase 1 Gifts:
Phase 2 Pledges
Phase 2 GiftAdditional Information
Phase 2 Pledge and Gift Reporting
Program OverviewPhase 1 Gifts:
More on Submissions
If no payments are received other than the first $500 payment, no JCamp 180 funds are released.
If 1/3 of the pledge is not paid within 60 days, JCamp 180 funds reserved for matching this gift will be forfeited.
If the sum of the payments for this pledge never exceed $1800, there are no JCamp 180 funds released.
If payments are delayed or deferred so only $2,667 is received by September 18, 2016, JCamp 180matching funds are limited to 1/6 of $2,667 or $444.50
If payments against this pledge EXCEED $5,000 JCamp 180 does not reserve, fund, or release dollars greater than the $833.33 originally reserved to be paid against this pledge.
All gifts must be cash or cash equivalent
Cash or stocks
Land, art, other property, in-kind contributions are not eligible for matching funds
JCamp 180 does not match contributions in excess of submitted pledges.
For our Canadian Participants
All payments by JCamp 180 are in US Dollars
Program dollar minimums and maximums are the same in Canadian dollars as USA dollars
Canadian $9,000 is Phase 1 minimum, Canadian $1,800 is phase 2 minimum
Single chai is $18,000 Canadian, double chai is $36,000 Canadian and triple chai is $54,000 Canadian
Pledges should be communicated to us in the currency in which they are made
JCamp 180 will adjust the pledge and payment amounts to account for parity between US and Canadian currency based on the date that pledge are paid and payments are made.
Payments from JCamp 180 are limited to the US dollar maximum and are paid through our standard payment channels.
Yes, but it isn’t the intent of the grant. We are looking for Camps who will use the campaign to reach out to more Alumni and camp supporters and increase the base of philanthropic support for camp. To encourage phase 2 outreach, a bonus will be given to the camp with the most phase 2 donors.
Here are two examples: If you solicit and receive four gifts of $25,000, all four should be reported as Phase 1 gifts if they are intended to be paid by 3/18/14. If any are not paid in full within that time the others (with payments of at least $9000) will assure that the phase 1 pool from JCamp 180 is maximized. The payments in excess of $54,000 and any payments received after 3/18/14 but before 9/18/16 will be counted toward phase 2 gifts. Alternatively, If you solicit and receive pledges that total $75,000 in phase 1. JCamp 180 will only match the first $54,000. The other $21,000 will be considered phase 2 gifts. However, at least $54,000 in payments against these pledges must meet phase 1 requirements.
Can a few major donors fulfill Phase1 and Phase 2 and finish the whole campaign quickly?
What do you mean by encouraging participants to plan for unpaid pledges? How will excess phase 1 payments be carried over to phase 2?
To receive credit for viewing a recording of this webinar, e-mail the word:
Springfieldto: [email protected]
This webinar is considered illustrative only. Although we have intended to fairly and accurately represent the Chai Match 2program, the full rules and requirements for the Chai Match 2 matching grant program are outlined in the Chai Match 2 matching grant program brochure. Copies of this brochure are available to each participating camp. Participating camps should specifically request a copy of this document.
The Harold Grinspoon Foundation and JCamp 180, a program of the Harold Grinspoon Foundation, reserve the right to change the terms and conditions and/or terminate Chai Match 2at any time.
Participating camps are responsible for meeting all requirements for documentation submission as outlined in this presentation and the Chai Match 2 matching grant program brochure. This responsibility is for both submission dates and materials required to qualify for matching funds.