One hundred and forty-six protégés with a mentor in their profession responded to a survey exploring how value similarity affects mentoring success (career support, psychosocial support, and satisfaction with the mentor) and organizational outcomes (organizational commitment, career success, and job satisfaction). Results revealed that protégés who perceived their values to be similar to those of their mentor had more mentoring success. Mentoring success correlated with more positive organizational outcomes. Finally, it was found that mentoring success mediated between perceived value similarity and important organizational outcomes (job satisfaction and organizational commitment).