Our V Team members enthusiastically give back through donations and volunteer efforts throughout the year. We have made a bold commitment to dedicate 2.5 million volunteer hours by 2025.
During 2019, V Teamers donated generously, ending the year at $7.8 million in employee giving through our Matching Gifts program, with Verizon matching $6.2 million1 in donations. Verizon matches donations up to $1,000 for personal charitable donations and up to an additional $5,000 for eligible higher education institutions.
Additionally, V Teamers who volunteer at least 50 hours at eligible nonprofits during a calendar year can generate a $750 donation from Verizon for up to two organizations, totaling a benefit of $1,500. Verizon employees donated 173,700 hours generating nearly $2.2 million for nonprofit partners.
Our Employee Resource Groups also led and/or participated in numerous volunteer initiatives globally, supporting robotics teams, mentoring students and serving as role models to encourage girls and students of color to pursue careers in STEM.
1Verizon Match amounts reported, which were paid in 2019, related to hours volunteered and to employee gifts that took place in 2019 or prior.