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Where can employees turn for help when they’re struggling to pay their bills due to an illness or emergency? More and more companies are establishing Employee Assistance Funds to give their colleagues the short-term help they need to make it through a tough time.
The Minneapolis Foundation has been instrumental in assisting several local companies with establishing and managing these valuable programs. Our staff can be as involved as you wish, from setting up the program and defining eligibility guidelines to reviewing employee applications and distributing funds directly to landlords, utility companies or other service providers.
Businesses -- and their employees -- appreciate the confidentiality and efficiency that an experienced third-party administrator brings to the table, as well as the hands-on, professional expertise that The Minneapolis Foundation provides.
How it works
Ronald Smith is a dedicated employee whose wife, Jane, recently was diagnosed with cancer. With escalating medical bills and her inability to work full time, the Smith family had fallen behind on their rent and utility bills.
Ronald turned to his company's Emergency Assistance Fund and was able to secure financial assistance. Ronald completed an application explaining his circumstances and submitted his past due bills to The Minneapolis Foundation. Through the company's Emergency Assistance Fund, The Minneapolis Foundation sent payment directly to his landlord and the utility companies.
The process was handled confidentially through The Minneapolis Foundation and no one at Ronald's company was ever aware of his financial situation. The Emergency Assistance Fund helped the Smiths get back on track financially, relieved some immediate stress, and allowed them to focus on Jane's recovery.
Contact Us
Learn how an employee assistance fund may work for your company. Please contact Dan Berg, Senior Asset Development Officer, at (612) 672-3828 or dberg@mplsfoundation.org.
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