The purpose of the Book Industry Charitable Foundation financial assistance program is to assist with specific unforeseen emergency financial needs of a bookstore employee and their immediate family members living in the same household. The Foundation assesses each request to determine a course of action to provide short-term assistance and help relieve the financial need.
The Book Industry Charitable Foundation strives to be fair, consistent, objective and professional when reviewing requests and making decisions. Many times, financial help is only a part of the solution. The bookstore employee may also need the help of financial counselors or local social service resources to explore ways to reach a long-term solution to their problem. There are also times when assistance by the Foundation is not appropriate and the bookstore employee is directed to other sources for help. In either case, the Foundation works to provide preliminary resources to help booksellers locate alternative assistance.
To remain objective and consistent, it is important to verify facts in relation to the financial crisis. Therefore, the bookstore employee is asked to complete a financial assistance application and provide documentation related to their situation, including proof of their current monthly income, expenses, and the specific qualifying event. This information is used to verify the financial emergency, and details are kept confidential.