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Staples's logo from 1988 to 2019. Staples Inc. is an American office supply retail company headquartered in Framingham, Massachusetts. Founded by Leo Kahn and Thomas G. Stemberg, the company opened its first store in Brighton, Massachusetts on May 1, 1986. [5]
AdoptAClassroom.org is a national nonprofit organization based in Minneapolis, Minnesota, that provides funding for school supplies to classrooms and needy families. [1] It was founded in 1998. Current and past corporate partners include Burlington, Quaker, Staples, Farmers Insurance, Lane Bryant, Maurices, Great Clips, Subaru, OfficeMax ...
Cradles to Crayons (C2C) is an American non-profit organization that provides free clothes and other basic needs such as shoes, diapers, coats, and backpacks with school supplies to children living in homeless, poverty, and low-income situations. Cradles to Crayons began with its first Giving Factory warehouse in Quincy, Massachusetts, in 2002.
Community grants to support local community efforts or nonprofits – 100% of Fortune 500 companies provide some form of community grant or sponsor at least one fundraising event. [2] Matching gifts – Corporate donations to nonprofits as a match to employee giving. Approximately 65% of Fortune 500 companies offer these programs.
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In philanthropic giving, foundations and corporations often give money to non-profit entities in the form of a matching gift. [2] Corporate matches often take the form of employee matching gifts, which means that if an employee donates to a nonprofit, the employee's corporation will donate money to the same nonprofit according to a predetermined match ratio (usually 1:1).
An organization must meet certain requirements set forth in the code. Some organizations must also file a request with the Internal Revenue Service to gain status as a tax-exempt non-profit charitable organization under section 501(c)(3) of the tax code. A non-exhaustive list of organizations that may meet the Federal requirements are as follows:
He started his career with the Jewel Company's Star Markets where he became the vice president for the company's sales and merchandising division. [10]In 1986, Stemberg started Staples with backing from private equity firms, including Hambro International Ventures, Harvard Management, Bessemer Ventures, Adler & Company, and Bain Capital; [11] Bain co-founder Mitt Romney served on the company's ...
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