What does CFC mean in COMMUNITY
Combined Federal Campaign (CFC) is a program that encourages and facilitates donations from government employees to organizations of their choice. It is one of the world’s most successful annual workplace giving campaigns, with millions of federal employees donating every year to support deserving causes around the globe. This program allows federal workers to easily donate money to charities and other non-profit organizations, providing an effective way for hardworking American citizens to contribute to bettering their communities. Through CFC, employees have the opportunity to make a real difference in people's lives both locally and internationally.
CFC meaning in Community in Community
CFC mostly used in an acronym Community in Category Community that means Combined Federal Campaign
Shorthand: CFC,
Full Form: Combined Federal Campaign
For more information of "Combined Federal Campaign", see the section below.
What Does CFC Mean?
CFC stands for Combined Federal Campaign, an annual workplace giving program run by the United States federal government. The program was created in 1961 in order to collect charitable donations made by government employees from all branches of service. Through CFC, these donations are then distributed among approved charities and other organizations supporting worthy causes. These efforts are monitored by the Office of Personnel Management (OPM), which oversees the program’s fundraising goals and administration as well as selects qualified non-profits for donation eligibility each year. Each agency participating in the campaign has its own local CFC drive, where workers can submit pledges or one-time donations for any qualifying charity or organization on the list. Contributions may be designated toward specific programs or even individual non-profits at the discretion of each donor. Donations made through CFC are tax deductible, making it easy for federal employees across all levels of service to support important community initiatives while taking advantage of tax savings opportunities available through their workplace giving experiences.
Essential Questions and Answers on Combined Federal Campaign in "COMMUNITY»COMMUNITY"
What is the Combined Federal Campaign (CFC)?
The CFC is the world’s largest and most successful annual workplace charity campaign, with over 200 CFC campaigns throughout the country and internationally to help raise awareness about and generate contributions to qualified non-profit organizations.
How long has the CFC been in existence?
The CFC began in 1961 and has been running consistently since then, raising more than $8 billion for charities all over the world.
Who can make a donation through the CFC?
Donations are open to federal civilian and postal employees, uniformed service members, military personnel on active duty or retired, military reservists, DoD civilian personnel, contractors, members of an Overseas American military community or other citizens who live outside of the U.S.
Is a donor required to be actively working Federal employee?
No, retirees and annuitants are also eligible donors.
Can donations be made using cash or check?
Yes, donations can also be made using cash or check.
Are there any restrictions on which charities I can donate to?
All charities included in a local CFC must meet eligibility criteria set by Office of Personnel Management (OPM). OPM requires that all charities must demonstrate they are tax-exempt under Section 501(c)(3) of the Internal Revenue Code.
How much money do I need to give for it to count towards my donation?
There is no minimum donation amount; however if you would like recognition as an individual donor your contribution must exceed $26 annually.
Is my donation tax deductible?
Yes; all donations made through the Combined Federal Campaign are tax deductible as allowed by law. You will receive a receipt from your designated charity indicating your contribution amount for use when filing taxes at year end.
Are there any administrative fees associated with donating through CFC?
No; participation in the Combined Federal Campaign is free of cost both for donors and charities alike thanks to its unpaid volunteer network of federal coordinators who manage campaigns in their locations as part of their official duties.
Final Words:
The Combined Federal Campaign is an invaluable way for U.S. government employees to give back directly to their communities through meaningful donations and direct contributions to eligible non-profit organizations and charities. Through this program, federal workers have access not only to substantial tax benefits but also great satisfaction knowing they are making a real difference in the lives of many individuals around them both near and far. With over $280 million raised annually through workplace giving efforts associated with CFC drives– more than eight percent donated nationally – this strategy has proven time after time its worthiness when it comes down to supporting deserving causes around the world and beyond.
CFC also stands for: |
|
| All stands for CFC |