Hardship Relief Funds (Employee Relief Funds) is sponsored by Emergency Assistance Foundation, Inc. (administers for corporations). The Emergency Assistance Foundation partners with companies to create and administer employee relief funds.

Emergency Assistance Foundation, Inc. | Help When It Matters Most Take care of your team members with a disaster and hardship relief fund. For over a decade, we have helped companies deliver financial assistance to employees and team members when they need it most. 37% of adults would have difficulty covering an unexpected expense of $400.

* Unexpected expenses, such as a medical bill or home repair stemming from a disaster, can be a hardship for many families. An employer-sponsored relief fund can provide essential financial assistance in the immediate aftermath of an unforeseen disaster or personal hardship. *Report on the Economic Well-Being of U.S. Households in 2022 - May 2023, The Federal Reserve “The pandemic has had a very real impact on my family.

When it hit our home, we lost our 22-year-old special needs son, Ezekiel. The relief fund was extremely helpful in assisting with Ezekiel’s burial expenses as he was never eligible for any type of life insurance policy. The grant allowed us to give him the burial that we wanted.

” Christina, Grant Recipient: "I was dealing with a crisis where my family lost our home to a fire, followed by a tornado hitting down in my area, causing major damage to our trailer, and leaving us homeless. This grant has been a tremendous help in assisting my family and I with our financial hardships and getting us back on our feet – I will forever be grateful."

Beyond providing essential financial assistance, sponsoring an employee relief fund has been shown to improve company culture, morale, and productivity. In fact, they are so valued that 47% of employees say they’d consider leaving their current employer for one that sponsors an emergency fund.

* *2022 Financial Wellness Barometer, Betterment at Work of our grant recipients felt more positively toward their employer of our grant recipients felt less stressed or worried overall felt the grant provided breathing room so they could figure out next steps Let your team members make a direct, positive impact.

Our relief funds award tax-free grants that provide essential financial assistance on the path to recovery, while also enabling team members to help their colleagues in need through tax-deductible donations.

Galvanized by the coronavirus pandemic, charitable giving in the United States reached a record $471 billion in 2020 -- demonstrating that individuals have a strong desire to give back and donate, even during difficult or economically uncertain times. (Forbes) "I'm glad I could pitch in.

Donating to the fund is a way to show support for my colleagues when they face challenges, and it's great to be part of a workplace that looks out for one another." "I received assistance from the fund in the past, and now I’m contributing the small amount that I’m able to. It’s a kind of paying it forward that keeps our workplace community strong."

Enable prosocial motivation. Prosocial motivation is the desire to protect and promote the well-being of others, and it has become increasingly important in the workplace. Many of our funds have been established based on the popular demand of a company's employees .

“A group with a united vision and goal is much more powerful than an individual with the same. So leveraging this desire to care for and give back to the community or to colleagues is surprisingly critical for creating strong corporate culture. If companies are seeking to boost employee happiness through positive workplace culture, prosocial initiatives are very effective ways to get there.

” Source: Fond Technologies Emergency Assistance Foundation partners with hundreds of companies -- our Fund Partners -- to help their team members who are struggling in the immediate aftermath of a disaster or personal hardship. With well over a decade of experience, we are the oldest and largest standalone charity designed to administer relief funds in this capacity, and we do so on a global scale.

relief funds administered Financial First Responder. We are resourceful and fearless, ensuring that financial assistance reaches individuals and families in need as quickly as possible, no matter the location or obstacle. In fact, we award 5 grants every hour - helping a family in need every 12 minutes.

We remain adaptable by harnessing technology, developing scalable platforms and procedures, and constantly evaluating and improving our processes. individuals & families helped in financial assistance provided Ready to take care of your own? Offering disaster and hardship relief for your employees can be quick and easy.

Our experts are ready to get you started today, and we'll handle all the hard parts along the way.