Employer matching programIn the United States, an employer matching program is an employer's potential payment to their 401(k) plan that depends on participating employees' contribution to the plan. BackgroundAn employee's 401(k) plan is a retirement savings plan. The option of an employer matching program varies from company to company. It is not mandatory for a company to offer a contribution to their 401(k) plans.
401(k)In the United States, a 401(k) plan is an employer-sponsored defined-contribution personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code. Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes traditional 401(k) plans attractive to employees, and many employers offer this option to their full-time workers.
Rosenwald FundThe Rosenwald Fund (also known as the Rosenwald Foundation, theJulius Rosenwald Fund, and theJulius Rosenwald Foundation) was established in 1917 by Julius Rosenwald and his family for "the well-being of mankind". The fund donated a total of $70 million dollars, the equivalent of almost $1 billion in 2025 dollars. It funded public schools especially in rural areas as well as colleges and universities, libraries, museums, Jewishcharities, and African American institutions.
Rosenwald SchoolThe Rosenwald School project built more than 5,000 schools, shops, and teacher homes in the United States primarily for the education of African-American children in the South, during the Jim Crow period in the early 20th century.
Julius RosenwaldJulius Rosenwald (August 12, 1862 – January 6, 1932) was a Jewish American business executive and philanthropist. He was the long-time president and an owner of Sears, Roebuck and Company, a large and successful Chicago-based national retailer in the early 20th century. His Rosenwald Fund donated millions in matching funds to promote Black American education.The Big GiveBig Give is a British non-profit organisation that enables donors to find and support charity projects in their field of interest. It was founded in 2007 by Sir Alec Reed CBE. His son James Reed became Chair of Trustees in 2019.RetirementRetirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their job for health reasons.
Cost sharingCosts are shared when more than one party pays towards the total costs, or accounted for separately across a number of activities or projects. In health care, cost sharing occurs when patients pay for a portion of health care costs not covered by health insurance. The "out-of-pocket" payment varies among healthcare plans and depends on whether or not the patient chooses to use a healthcare provider who is contracted with the healthcare plan's network.
Black peopleBlack is a racial classification of people, a skin color-based category for specific populations with a mid- to dark brown complexion. Often in countries with socially based systems of racial classification in the Western world, the term "black" is used to describe persons who are perceived as darker-skinned in contrast to other populations.
Booker T. WashingtonBooker Taliaferro Washington (April 5, 1856 – November 14, 1915) was an American educator, author, and orator. Between 1890 and 1915, Washington was the primary leader in the African-American community and of the contemporary Black elite. Born into slavery on April 5, 1856, in Hale's Ford, Virginia, Washington was freed when U.S. troops reached the area during the Civil War.
MillionaireA millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire. Many national currencies have, or have had at various times, a low unit value, in many cases due to past inflation.Public interestIn social science and economics, public interest is "the welfare or well-being of the general public" and society. While it has earlier philosophical roots and is considered to be at the core of democratic theories of government, often paired with two other concepts, convenience and necessity, it first became explicitly integrated into governance instruments in the early part of the 20th century.
401(k)In the United States, a 401(k) plan is an employer-sponsored defined-contribution personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code. Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes traditional 401(k) plans attractive to employees, and many employers offer this option to their full-time workers.Rosenwald FundThe Rosenwald Fund (also known as the Rosenwald Foundation, theJulius Rosenwald Fund, and theJulius Rosenwald Foundation) was established in 1917 by Julius Rosenwald and his family for "the well-being of mankind". The fund donated a total of $70 million dollars, the equivalent of almost $1 billion in 2025 dollars. It funded public schools especially in rural areas as well as colleges and universities, libraries, museums, Jewishcharities, and African American institutions.Rosenwald SchoolThe Rosenwald School project built more than 5,000 schools, shops, and teacher homes in the United States primarily for the education of African-American children in the South, during the Jim Crow period in the early 20th century.Julius RosenwaldJulius Rosenwald (August 12, 1862 – January 6, 1932) was a Jewish American business executive and philanthropist. He was the long-time president and an owner of Sears, Roebuck and Company, a large and successful Chicago-based national retailer in the early 20th century. His Rosenwald Fund donated millions in matching funds to promote Black American education.The Big GiveBig Give is a British non-profit organisation that enables donors to find and support charity projects in their field of interest. It was founded in 2007 by Sir Alec Reed CBE. His son James Reed became Chair of Trustees in 2019.RetirementRetirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their job for health reasons.Cost sharingCosts are shared when more than one party pays towards the total costs, or accounted for separately across a number of activities or projects. In health care, cost sharing occurs when patients pay for a portion of health care costs not covered by health insurance. The "out-of-pocket" payment varies among healthcare plans and depends on whether or not the patient chooses to use a healthcare provider who is contracted with the healthcare plan's network.Black peopleBlack is a racial classification of people, a skin color-based category for specific populations with a mid- to dark brown complexion. Often in countries with socially based systems of racial classification in the Western world, the term "black" is used to describe persons who are perceived as darker-skinned in contrast to other populations.Booker T. WashingtonBooker Taliaferro Washington (April 5, 1856 – November 14, 1915) was an American educator, author, and orator. Between 1890 and 1915, Washington was the primary leader in the African-American community and of the contemporary Black elite. Born into slavery on April 5, 1856, in Hale's Ford, Virginia, Washington was freed when U.S. troops reached the area during the Civil War.MillionaireA millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire. Many national currencies have, or have had at various times, a low unit value, in many cases due to past inflation.Public interestIn social science and economics, public interest is "the welfare or well-being of the general public" and society. While it has earlier philosophical roots and is considered to be at the core of democratic theories of government, often paired with two other concepts, convenience and necessity, it first became explicitly integrated into governance instruments in the early part of the 20th century.*As an Amazon Associate I earn from qualifying purchases.