Volunteer Incentive Program (VIP) Rules
Eligible Organizations: Any US-based 501(c)(3) non-profit organization or K-12 public or private school.
- All US-Based active full-time and part-time employees are eligible
- Donor must be an active full-time or part-time employee when hours are volunteered, registered, and confirmed by nonprofit organization.
- Retirees are not eligible to participate in VIP
- Employee must log their hours using the online Volunteer Journal. If employee logs 50 or more volunteer hours in the current calendar year with a qualified nonprofit or public school they can apply for a $750 Volunteer Incentive Program (VIP) grant from the Verizon Foundation.
- Employees can only log hours that they have already volunteered. Employees may not log proposed or projected volunteer hours.
- Hours must be completed and registered online within the current calendar year.
- In order to receive the VIP award of $750, the recipient nonprofit organization must verify the specified hours of service by the employee online no later than March 31 of the following calendar year (i.e. hours registered in 2009 must be confirmed by 3/31/10)
- Employees are eligible to receive two VIP awards, of $750 each, in a calendar year for two separate nonprofit organizations
- Employees are not permitted to confirm/verify their own volunteer hours or those of another Verizon employee
- Employees' family members* are not permitted to verify/confirm employees' volunteer hours on behalf of a nonprofit organization
- Employees are not permitted to request a VIP grant on behalf of organizations where they, or an immediate member of their family* receive any direct or indirect commercial or financial benefit as a result of their volunteer activities with those organizations
- The benefiting nonprofit organization/school may not enter volunteer hours on behalf of an employee
- The Verizon Foundation/Verizon Foundation Customer Service Center is not permitted to register a donation on behalf of an employee.
- Volunteering must be done on employee's personal time
- A nonprofit organization may receive up to $25,000 per year through VIP.
*Immediate family is defined as:
- The employee's spouse or same-sex domestic partner
- The employee's/employee's spouse's/employee's same-sex domestic partner's child, son or daughter-in-law, grandchild, or great-grandchild
- The employee's/employee's spouse's/employee's same-sex domestic partner's step child, foster child or child for whom the individual is the legal guardian
- The employee's/employee's spouse's/employee's same-sex domestic partner's parent, stepparent, grandparent, step-grandparent or great-grandparent
- The employee's brother/sister, employee's brother-in-law/sister-in-law or same-sex domestic partner's brother/sister (including half, adopted and step)
- The employee's/employee's spouse's/employee's same-sex domestic partner's aunt, uncle, niece or nephew
Please be sure to abide by all Matching Gifts Program rules. Only those application that adhere to the rules will be considered for approval and payout. All Matching Gift requests are subject to review by Verizon Internal Audit and Verizon Security. As stated in the code of Conduct, Verizon does not tolerate falsification or improper alteration of records. Failure to comply with any provision of the Code or company policy is a serious violation, and may result in disciplinary action, up to and including termination of employment.
Eligibility, terms, and conditions of the program are subject to change at any time. If you have any questions regarding these terms and how they apply to you or your gift please call us at 866-247-2687 and we will be happy to review them with you.
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