(Phoenix, Arizona – October 27, 2014) – Experience Matters, an organization that is creating a stronger, more vibrant community by connecting the skill and passion of experienced adults with nonprofits that need their help, announced today it has received a grant of $60,000 from Freeport-McMoRan.
The grant, which will be matched by local resources for a total value of $120,000, will be devoted exclusively to increasing the capacity of social service agencies to improve opportunities for women to increase their skills and economic independence and to assist domestic violence agencies in helping women explore their potential and achieve lives free of violence.
Experience Matters’ proven business model matches human capital – skilled, seasoned adults – with nonprofit social service agencies committed to tackling significant community issues and creating lasting change. Since it was established five years ago, Experience Matters has provided dozens of Arizona nonprofits with expertise in human resources, finance, technology, business planning, business operations and much more.
“This generous grant from Freeport-McMoRan aligns perfectly with one of its social goals and ours,” said Experience Matters CEO Nora Hannah. “Our mutual goal for this project is to increase the prosperity of women, in a way that is effective and sustainable over the long term.”
Four nonprofit programs already serving women will be selected as partners. Each will be provided with an Experience Matters Encore Fellow for one year, beginning in November. Encore Fellows typically earn a stipend of about $20,000, providing a high value-to-cost ratio for nonprofit hosts. To ensure project success, Experience Matters consults with each organization to understand its needs, create a project statement of work, source the right talent, provide training and manage the match relationship. Both skilled talent and member organizations receive ongoing support throughout the year.
“The Freeport-McMoRan Foundation has made significant investments in organizations and projects that protect and empower women by addressing domestic violence, economic self-sufficiency, personal development, and education and training,” said Tracy Bame, President of the Freeport-McMoRan Foundation. “Experience Matters presents a unique opportunity to increase the benefits of those investments by working with organizations that serve women to match them with an Encore Fellow who has the right experience to help them further achieve goals and outcomes with lasting impact.”
Freeport-McMoRan (NYSE: FCX) is a premier U.S. based natural resources company with an industry-leading global portfolio of mineral assets, significant oil and gas resources and a growing production profile. FCX is the world’s largest publicly traded copper producer. For more information visit www.fcx.com and http://www.freeportinmycommunity.com.
About Experience Matters
Recognized nationally as a groundbreaking initiative, Experience Matters connects passionate individualsin Maricopa County with nonprofit organizations and supports the organizations as they receive the talent. For more information visit www.experiencemattersaz.org.
Additional data about Arizona’s ‘boomers’:
- Baby Boomers were born between 1945 and 1964.
- In 2011, the first of Maricopa County’s estimated one million baby boomers turned 65.
- National research shows that boomers are the healthiest, best educated generation to ever move through their 50’s and 60’s.
- 70% of boomers have an interest in giving their time and considerable talent back to their communities.
 Based on survey results, agencies value the work of Encore Fellows at approximately $80,000 during the term of service, creating a short-term return on investment of 250% per match. Overall, Experience Matters estimates the impact of its fellows at roughly $3.5 million in contributed capital.