Intel Confidential 1 Laura Bain, OR Renee Levin, AZ 2007 Community Giving Campaign Intel Retirees Investing in Our Community.

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Presentation transcript:

Intel Confidential 1 Laura Bain, OR Renee Levin, AZ 2007 Community Giving Campaign Intel Retirees Investing in Our Community

2 Intel Confidential Purpose  Review campaign Highlights from 2006  Provide updates for the 2007 Campaign  Explain the pledging process  Show how to double the impact of the charitable contributions you may already be making Provide information to individuals on Intel’s Community Giving Campaign and how retirees can help improve lives in our community.

3 Intel Confidential Why Participate???  Intel believes in being an asset to the communities where our employees & retirees work and live.  More than 38 million Americans have incomes below the federal poverty level. More than 50% are employed.  The poorest children enter kindergarten 1-2 years behind in language and other skills important to success.  By the age of five, many children in high-risk environments are already developmentally behind. This gap only grows over time – undermining school readiness and success in life.  Research shows that investing $1 in quality early learning experiences saves $17 down the road, with tangible results measured in lower crime, fewer single parents, and higher individual earnings and education levels.

4 Intel Confidential Why United Way?  Each local United Way has a local, volunteer Board of Directors that provides direction & oversight to the organization. –Some UW’s have Intel employees on their board –Each local board sets administrative cost –Nationally, the acceptable administrative cost for a non-profit is ~30%. The majority of UW’s administrative costs are less than 15%. – –You may want to check with your United Way to get specific data  Community investment (funding to agencies) decisions are made by community volunteers. –Some UW’s have Intel employees on the allocation panels  Each local United Way determines the needs in their community based on a community needs survey.

5 Intel Confidential 2006 Results Intel Corporation results Employee Gift = $9,043,820 Matching Gift = $8,526,839 Total = $17,570,659 (with Foundation Match) Retiree Campaign 47 donors $407,089 (included in above) 17 United Ways Thank You!

6 Intel Confidential How Your Gifts Help  $1/wk provides: 2 individuals with automobile fuel to help them find and transition into full time employment  $2/wk provides: one primary care medical visit for one individual  $4/wk provides: provides over 20 trips for an elderly person allowing them to go to a doctor’s appointment, church or to the grocery store  $5/wk provides: 50 hours of childcare while a parent participates in job training and search activities  $10/wk provides: classroom materials for individuals in job skill training programs  $20/wk provides: an entire year of assessment, job readiness classes, job search and support, career placement and follow up for one person Don’t give until it hurts… give until it feels really good.

7 Intel Confidential Help needed for 2007  Every dollar counts!  The x-site United Way Campaign team set a goal to reach $9 Million.  With Intel Foundation match = $18 Million! 2007 Campaign: Oct 8 – Nov 2 Make your pledge via online pledging system or pledge card by Nov 2

8 Intel Confidential 2007 Campaign Highlights  Retirees can pledge online! –Using eWay, the secure pledging system that captures all pledges  Retirees may use a paper pledge card  Retirees may give to any nonprofit organization*: –Your gift amount will be matched by the Intel Foundation to your local United Way’s community fund –100% of your donation will go to the non- profit of your choice *Charitable organizations must be 501(c)3

9 Intel Confidential 2007 Campaign Process  Retirees will receive a letter from Intel Retirement Services ~ Oct. 8  May access the online pledging tool starting Monday, Oct. 8 –Access tool via Intel Retiree website –  Retirees’ pledges will be processed by one United Way* –United Way Central New Mexico (UWCNM) will process all 2007 pledges –Designations will be paid to your agencies by UWCNM –Acknowledgement will be sent from UWCNM * Several retirees gifts will be processed by local United Way

10 Intel Confidential Charitable Giving Options  If you are already donating to a charity of choice, please consider donating through the Intel’s campaign such that the impact of your dollars is doubled  Employees may designate to: –Any 501(c)3 agency including cultural, animal, environmental and houses of worship  If you would like to give, but don’t know how best to target your donation, please consider giving to your United Way’s community fund  Intel Foundation’s matching gift will cover all administrative fees  100% paid amount of designated gifts will be paid to the agency –Donations can be made via stock, credit/debit card, or check

11 Intel Confidential Campaign hot topics Q/A Q: Does Intel push employees to donate? A: Our intention is to encourage employees to help their local communities. We hold meetings to educate them so they can make an informed decision. Q: I remember there was an incident a while ago regarding corruption. What was that about? A: In 1992, the national President of the United Way of America was found guilty of misconduct and sent to prison. All United Way affiliates are subject to annual audits conducted by independent, national accounting firms. Since that time, all United Ways have agreed to national membership standards to avoid any incident from happening again.

12 Intel Confidential Thanks!  Thank you for your time and generosity during these challenging times. Your participation and contribution is greatly appreciated  Sadly, our communities needs never go away so hopefully, together, we can all make a difference Please join me in making a donation this year. Thank you.