Employees Volunteer to Get Cash Rewards
In addition to providing funding, the foundation supports community organizations by offering human resources through the WAVE program. WAVE is a volunteer program that helps Fannie Mae and Fannie Mae Foundation employees find volunteer opportunities and provide incentives for employees to participate in volunteer activities. Employees can receive up to 10 hours of paid leave per month to perform community service. The WAVE program also features a grants program called Dollars for Doers which matches employee volunteer hours with cash grants to the organizations for which they volunteer. Dollars for Doers grants range from $100 for 25 hours of service to $500 for 100 or more hours of service in one calendar year. The Employee Matching Gifts Program is another component of WAVE, which matches personal financial contributions by employees, up to $10,000 per year. Contact: Fannie Mae Foundation, 4000 Wisconsin Ave. N.W., N. Tower, Ste. 1, Washington, DC 20016-2804; (202) 274-8066 or (202) 274-8057 or (202) 274-8000; Fax: (202) 274-8100
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