Marathon Petroleum Matching Gifts Program
Marathon Petroleum Corporation encourages employees to support institutions of higher education and shares in this worthwhile cause by providing an annual match on eligible contributions made to qualified colleges and universities under the Matching Gifts Program.
The Marathon Petroleum Matching Gifts Program provides a dollar-for-dollar match on the tax-deductible portion of contributions of at least $50 made to an accredited college or university per calendar year. Since 2013, Marathon Petroleum has matched 1,064 gifts totaling over $710,000. There are approximately 200 users of the Matching Gifts Program per year with 100 institutions receiving funds.
An educational institution is eligible to receive matching gifts under this program if it offers at least a two-year program of college-level studies, is accredited or approved by a nationally recognized accrediting agency and is included in Section 170(c)(2) of the Internal Revenue Code of 1986.