Sponsoring Organization FAQs

Q: What is a Hardship Relief Fund?

A: A Hardship Relief Fund is a program created by a larger organization to help associated members from unexpected financial hardship by distributing tax-exempt grants; composed of tax-deductible charitable contributions.

Q: What is the cost to establish a company Hardship Relief Fund? 

A: For pricing visit our Contact Us page.

Q: Is there a minimum required amount that the sponsoring organization needs to contribute to start the Hardship Relief Fund? 

A: Although there is no required minimum amount needed to seed the fund; so that grants can be immediately disbursed, best practices are for the sponsor organization to provide an initial contribution to the Fund. 

Q: Are all contributions into the Fund tax deductible? 

A: Yes. After each contribution, the donor will receive an email with the contribution receipt to use for tax purposes.

Q: Who can contribute to the organization’s Hardship Relief Fund? 

A: Associated members, sponsoring organization and anyone in the community that is interested in contributing to the Hardship Relief Fund can do so. 

Q: How can associated members and community contribute to the Hardship Relief Fund?

A: A unique company profile page url will be provided that will allow for contributions into the Fund as well as accept grant application submissions. Contributions can also be made via payroll deduction.

Q: Are there matching/seeding opportunities available? 

A: Absolutely, the most impactful Funds feature a matching program created by the sponsoring organization. 

Q: Is there a minimum amount required for member contribution into the company Hardship Relief Fund? 

A: The minimum amount required for contribution is $1. 

Q: In order to receive grant awards, are associated members of the sponsoring organization required to contribute to the Fund?

A: No. The Fund is established to assist associated members within your organization that meet the Charitable Class eligibility. 

Q: Is there a committee that determines Hardship Relief Fund grant award recipients?

A: Yes, Philanthropi Charitable Selection Committee makes completely objective decisions. Over 50% of the board is comprised of objective members that are not employed by Philanthropi Charitable.  The board uses the sponsoring Company’s Fund Criteria to help determine grant eligibility.  Prior to awarding the grant, we will contact you to ensure that that employee requesting the grant falls within the Charitable Class established.

Q: Can contributions be awarded to a specific individual?

A: Regulations do not allow for donations to be earmarked for specific individuals. All donations are added to the Fund so as to support as many members of the Charitable Class as possible.

Q: Is the Hardship Relief Fund grant tax-free? 

A: Yes. Grants are tax-exempt.