General FAQ's
Q: What is the Wynn Resorts, Limited Employee Foundation? A: The Wynn Resorts, Limited Employee Foundation (“Wynn Employee Foundation”) was created to empower Wynn Resorts’ most valuable asset – its team members – with the ability to directly enrich our community. Employee-directed, employee-funded and enhanced by Wynn Resorts’ corporate charitable match programs, the Wynn Employee Foundation allocates donations and stimulates volunteerism to local non-profit organizations. The Wynn Employee Foundation’s work is based on three directives crucial to our community: innovation in education, building a vibrant community, and cultural partnerships. Q: Who can participate? A: All Wynn Resorts (and its U.S. subsidiaries) employees in good standing are eligible for participation. Q: Why should I make a donation through the Wynn Employee Foundation? A: Your donation will provide funds to address critical community needs and build a stronger community. Every dollar you contribute combined with contributions from fellow team members and from Wynn Resorts through the Corporate Gift Matching Program, can make a substantial difference. Q: How does the Corporate Gift Matching Program work? A: For additional information, see Corporate Matching Gifts Program FAQs. Q: How do I donate? A: Visit www.wynnemployeefoundation.com to register for our employee giving portal. Donations can be made by payroll deduction, cash or check. You can tell us which qualified organization you prefer the Foundation to send your donation to. Can’t decide on an organization? No problem. You can choose the Foundation’s Community Grant Fund. Q: What is the Foundation’s Community Grant Fund? A: Donations directed into the Foundation’s Community Grant Fund will be granted to local Section 501(c)(3) non-profit organizations that directly impact our community and fulfill our vision of improving today and building an exceptional tomorrow. An Employee Advisory Council will review grant applications and recommend grant awards to programs that promote innovation in education, building a vibrant community or cultural partnerships. Applications to join the Employee Advisory Council will be available shortly and all employees passionate about their community are encouraged to apply. Q: What happens if I write in an organization that is not on the partner organization list? A: All potential donation recipients will be reviewed for compliance with Wynn Employee Foundation’s charitable giving policies and approved by the Wynn Employee Foundation, at its sole discretion, prior to releasing any funds. You will be notified within 6-8 weeks if your chosen organization is not approved. If there are any questions about your donation, a member of the Community Affairs Team will contact you using information on file. If you do not respond or cannot be reached, or if the organization you designated is not qualified, Wynn will direct your donation to the Foundation’s Community Grant Fund. Q: How does my designated organization know the money they receive is coming from me? A: With every donation check distributed, the Wynn Employee Foundation intends to include a list of all of the people who have contributed to the organization. Q: I am already on a tight budget. How can I afford to make a donation? A: Even a modest donation such as $1 or $5 each pay period can help meet the most critical needs in our community. Q: What are the benefits of giving through payroll deduction? A: By donating through payroll deduction, you can divide your total donation into smaller amounts and spread your donation over the coming year. Your donations will appear on your paystub each pay period. Q: When will my payroll deductions begin? A: Payroll deductions will be processed beginning the first pay period of January 2016. Q: Can I change my payroll deduction amount or my organization of choice? A: Yes. You can add, change or cancel your ongoing payroll deduction or your preferred organization at any time. It may take 2-3 pay periods for changes to take effect. Q: Is my contribution tax deductible? A: The Wynn Resorts, Limited Employee Foundation is a 501(c)(3) non-profit corporation (Federal Tax ID# 47-3468336). Contributions should be tax deductible but please consult your tax advisor to determine any restrictions on the deductibility of your donation given your individual circumstances. Q: Will I be penalized for not participating? A: No. Contributing to the Wynn Employee Foundation is completely voluntary. If you decide not to contribute, your decision will not have an adverse effect on your position or your ability to receive a promotion. Your decision to contribute will also not positively affect your position or your ability to receive a promotion. Q: How much of my donation goes toward paying administrative costs for the Wynn Employee Foundation? A: None. Wynn Resorts will cover all administrative costs of the Wynn Employee Foundation so that 100% of your donations will go to qualified non-profit organizations. Please contact the Wynn Employee Foundation at foundation@wynnresorts.com or 702.770.7630 if you have additional questions regarding contributing to the Wynn Employee Foundation. |