Power of 100–Women Who Care

Matching Grant Program

Best Buy’s founder, Richard Schulze, has identified the Power of 100–Women Who Care structure as a meaningful way to partner with local philanthropists and give back to the many communities that have helped make Best Buy the world’s #1 electronics retailer.

Beginning January 1, 2018, the Richard M. Schulze Family Foundation (RMSFF) will consider providing up to a 50% match (up to $5,000) to invited Power of 100–Women Who Care chapters whose chosen charities also meet certain eligibility criteria described below.

The Power of 100–Women Who Care matching grant program is an invitation-only program at RMSFF.

Characteristics of Invited 100 Women Who Care chapters Include:

  • Located in the United States.
  • Within 20 miles of a Best Buy retail store.
  • Recognized by the 100 Who Care Alliance. Previously eligible chapters that have merged with an ineligible chapter will be reviewed on a case-by-case basis.
  • All chapters will have their eligibility reviewed annually.

Chosen Charity Eligibility

  • Recognized as a tax-exempt 501(c)(3) organization under the Internal Revenue Code. RMSFF will consider matching donations to a governmental unit on a case by case basis.
  • Domiciled in the United States.
  • Working within the geographic area of the chapter making the request. National charities will only be considered if 100% of the donation will be used in the geographic area of the chapter making the request.
  • Operate in alignment with RMSFF’s mission. RMSFF reserves the right to withhold matching funds to organizations which, in its sole discretion, do not align with its mission.

Matching Rules

  • If RMSFF deems the charity as eligible for a matching grant, it may provide up to a 50% match to the one charity selected at each Power of 100–Women Who Care chapter meeting.
  • Maximum matching donation by RMSFF per chapter meeting is $5,000.
  • Eligible chapters seeking a matching grant must submit requests to RMSFF using its on-line application portal here.

Application Process

  1. Power of 100–Women Who Care chapters must provide RMSFF, via the online application portal, the name of the chosen charity and the amount donated within four weeks of the meeting date on which that charity was chosen.
  2. The chosen charity receiving the donation must contact RMSFF directly with the amount they received from the local Power of 100–Women Who Care chapter within six weeks of the meeting date on which their organization was chosen.
  3. RMSFF will review the application request and determine whether it will provide a 50% match to the chosen charity.

If you are ready to request a match, click here

If your Power of 100–Women Who Care chapter has not yet met, please return to this website within 30 days of your chapter meeting and request your match.

 

Please direct your questions via email to either Sheila Otto or Brian Kraft.

All grants distributed under this program will be directed in such amounts and at such times by the Richard M. Schulze Family Foundation in its sole discretion. Meeting eligibility criteria is no guarantee that any organization will receive a matching grant from RMSFF.