Jonathan Bell Lovelace believed that fundamental research is essential to achieving superior long-term investment results. The small company he founded in 1931 has grown into one of the world’s most respected financial institutions.
Life at Capital Group
Della Stott in our Indianapolis office is a fine example of an associate who takes full advantage of what Capital Group can do for one’s charitable giving passion. She’s been involved with the Susan G. Komen Foundation for Breast Cancer Awareness and Research, Central Indiana and Capital has made generous contributions to the foundation in support of Della’s efforts.
Della’s involvement began modestly. She was initially a Komen Race for the Cure participant; later, she became a team captain. This led her to develop a relationship with the Komen staff, who asked her to join their committee. Since then, she’s contributed to the Pink Tie Ball, an elegant fundraising gala, and Project Pink, which is less formal and geared toward a younger audience.
For the latter, Komen partners with students to recycle merchandise left over from races into fashion pieces that are then worn by survivors, co-survivors, and even local celebrities in runway fashion shows. “As stressful as it can be to organize and manage it, Project Pink truly is my favorite Komen event of the year,” Della reflects. In 2016, this project raised more than $47,000.
Della is a big fan of Capital’s Dollars for Doers program, because the recipient organization receives $10 for each hour you volunteer, up to 50 hours or $500 each fiscal year. This means your time and effort translate into a healthier bottom line for your chosen charity.
With a 2-for-1 donation, Capital’s Matching Gifts program means that your charitable monetary contribution can triple in value; all you need to do is make a minimum US$25 donation (or equivalent in local currency) to an eligible nonprofit. Della’s used this benefit recently for her local Red Cross, at which she also volunteers, and Africa Outreach, an organization created by fellow Indianapolis associate Gus Chikamba to, among other things, remedy the educational disparity girls experience in his home country.
In addition, for every fifth year of employment, Capital provides a Milestone Anniversary donation made on the associate’s behalf to a qualified organization of their choice. Della, who’s been with Capital almost 20 years, directed her 5th and 10th anniversary donations to Komen and for her 15th year, she split her donation between Komen and the Innocence Project.
And those who are involved with an eligible organization in a meaningful capacity (for example, as a committee or board member) can apply for a grant, as Della has done—for the last seven years—for Komen. Each year, Capital’s Contribution Committees provide hundreds of grants to nonprofits around the world.
With the experience she’s gained, Della now serves as a mentor/coach for those who wish to make grant requests. “Recently, the Contributions Committee had a ‘donations and donuts’ day to educate associates about charitable giving at Capital and how to take full advantage of it,” she reports. “During this event, I had the opportunity to speak with a multitude of associates, tenured and new, about what we do.”