|NEWS and Updates|
President Authorizes OPM to Create More Opportunities
WASHINGTON, DC – Thursday, October 13, 2016, an Executive Order was issued making two key changes to Executive Order (EO) 12353, which authorizes the Office of Personnel Management (OPM) to lead the Combined Federal Campaign (CFC) program. For more than 50 years, CFC has been the largest workplace-giving program in the world, and with the issuance of the new EO, today OPM is announcing two new improvements to the program that will take effect in September 2017.
The first improvement will allow Federal retirees to participate in the CFC, including allowing donations through monthly annuity payments.
The second improvement allows for Federal employees to volunteer with charitable organizations, and for those hours to count towards CFC goals. For example, many campaigns and Federal agencies set fundraising goals. Instead of being allowed to only contribute money, volunteer hours will be “monetized” and will count toward the total amount raised. In order to monetize volunteer hours, an estimated value will be given to one hour of volunteer time, which will be used to calculate the total value of volunteer time given by a donor.