CoBank’s Sharing Success program doubles the contributions of its customers to the charitable organizations and causes they care about most.
CoBank recognizes that our customers often know best where funding can most effectively be provided to benefit their communities. Since Sharing Success was established in 2012, CoBank and its customers have together contributed more than $44 million to groups such as volunteer fire departments, local schools and hunger relief programs. If you are a CoBank customer interested in participating in Sharing Success, please contact your relationship manager or review the program guidelines.
Sharing Success applications are accepted beginning April 1 each year. Applications are considered on a first-come-first-served basis. Applications will be accepted through October 31 or the point at which the fund is exhausted, whichever comes first. Applications received after the October 31 deadline will not qualify.
Important Changes for the 2020 Program Year
The COVID-19 pandemic has created unprecedented challenges for communities across the country. CoBank is making a number of changes to the 2020 Sharing Success program to allow our customers to respond, including:
- Increasing the matching fund from $4 million to $5 million
- Increasing the maximum match per customer to $10,000
- Decreasing the minimum eligible contribution to $250
- Increasing the number of applications each customer can submit to four
Gift Match Eligibility
In general, contributions to any 501(c)(3) charity are eligible for match under the Sharing Success program. Select organizations that are not designated a 501(c)(3) may also be eligible. These organizations include schools and government organizations such as counties or municipalities and their agencies or departments, as long as the donation serves a public purpose and is consistent with the purpose and guidelines of the Sharing Success program. Organizations that are political in nature, limit their activities based on religious affiliation, or discriminate do not qualify. CoBank reserves the right to review and determine whether requests are eligible for matching contributions.
Contributions must be made by the customer organization only. Contributions made by its employees or donations received from the customer organization’s members are not eligible for match. In-kind donations are not eligible for match through Sharing Success.
Number and Amount of Matching Contributions
For the 2020 program year, each eligible customer may request matches for up to four contributions. The minimum eligible contribution is $250 and the total of all matches may not exceed $10,000.
Interested customers must complete the application form in its entirety. A copy of the designated charity’s IRS 501(c)(3) tax exemption notification must be included with the application. If the recipient organization is not a 501(c)(3), please submit the organization’s TIN (taxpayer identification number), also referred to as an EIN (employer identification number).
Once applications are reviewed and approved, checks will be sent to the customer for delivery to the recipient charitable organization.