Financial Assistance

Financial Assistance Qualifying Life-Event Categories

The typical areas of assistance offered to industry booksellers are:

Note: Grants are never given for expenses that are being reimbursed by other sources, such as insurance companies.

Immediate Disaster Assistance

Help during an evacuation and for up to 72 hours after the disaster strikes

The disaster may affect only a few individuals, such as a house or apartment fire, or an entire community, such as a flood, tornado, or hurricane.

Foundation assistance focuses on meeting a bookseller’s and their families’ immediate emergency needs caused by disaster.  In dire situations we provide help with immediate needs:
  •  Transportation costs for mandatory evacuation.
  •  Hotel expense assistance when free shelter or housing is not available through community or family resources.
  • Emergency food and water expense assistance provided if not covered by household savings or community resources.

If your household is the path of a natural disaster such as flood, fire, earthquake or tornado please follow evacuation or preparedness guidelines. You should know what your risks are and prepare to protect yourself, your family and community.

For more information about disaster preparedness check out these helpful sites:

Additional documents required for immediate disaster assistance:

  1. Red Cross intake form or FEMA evacuation notice
  2. Lodging quote or lodging expenses documentation

Apply Now   Instructions

To access the expedited application form in Word click here (Word).

Post Disaster Assistance

The disaster may affect only a few individuals, such as a house or apartment fire, or an entire community, such as a flood, tornado, or hurricane.  Foundation assistance focuses on meeting a bookseller’s and their families’ post disaster needs, in situations where there is a financial crisis not able to be alleviated by the use of household savings.

If a bookseller is requesting assistance post disaster we may be able to help with:

  • Loss of wages caused by a store being closed for an extended period of time  due to the disaster
  • Repairs to the employee’s home to make it habitable

Additional documents required for post disaster assistance:

1)  FEMA registration (if eligible)

2)  Insurance claim and quote for repairs (for repairs to dwelling)

3)  Documentation of lost wages via letter or  contact information from the bookstore owner or manager

Apply Now   Instructions

To access the application form in Word click here (Word).

Domestic violence

An applicant fleeing an abusive or violent situation is urged to leave as soon as they feel endangered.

In situations involving domestic violence that have resulted in an applicant’s need to change his or her residence quickly, the Foundation may provide assistance related to the associate’s moving costs.

Additional documents required for domestic violence are very specific and an applicant is urged to contact the Book Industry Charitable Foundation for more details at 866-733-9064 or info@bincfoundation.org.

Apply Now   Instructions

To access the application form in Word click here (Word).

Funeral Expenses

The cost of a funeral and burial may cause an immediate financial emergency when a family does not have the funds or insurance to cover the expenses. Binc understands the impact of losing a loved one and provides grants to pay the basic funeral and burial expenses of an immediate family member*. While beliefs and traditions regarding funerals and burials vary widely; the Foundation will be sensitive to these beliefs and traditions while also balancing overall assistance.

Considered expenses include:

  • Transportation of the deceased from the death site to the funeral service site
  • Embalming or burial preparation of the deceased
  • A casket or urn
  • Basic services of the funeral home, staff, and/or clergy
  • Burial – basic expenses

*Immediate family member is defined as spouse, same-sex domestic partner, child, stepchild, mother, father or the bookseller them-self.

Additional documents required for Funeral Expenses

1) Death certificate of deceased family member

2) Receipts for funeral and burial expenses

Apply Now   Instructions

To access the application form in Word click here (Word).

Homelessness Prevention

Housing assistance may be provided to a grant applicant, if and only when they are facing imminent eviction or homelessness*. Binc understands that quick actions may be necessary to help prevent homelessness.  We strive to review bookseller requests confidentially and expediently.

What may be covered

  • Security deposit to move into new rental home/apartment or funding to bring the rent current (must be financially able to pay monthly rent going forward)
  • Essential utility bill deposits; limited to first month if pre-payment is required (electric, natural gas, water & sanitation)
  • Application fee(s)

An applicant is only eligible for one homelessness/eviction prevention grant per their tenure as a bookstore employee or former Borders associate.

Qualifications for providing or maintaining permanent shelter

  • Rent shall not exceed 60% of the household net income
  • Household must met HUD income guidelines (varies by state of residence)
  • Household must have a 30 day eviction notice or 7 day vacate notice
  • If the household is homeless the individual or family must have documentation of temporary housing (shelter admittance notification or waitlist notification)
  • If residing in a condemned property the notice from the department of health is needed
  • Bookseller  must have resided in the apartment or home at least 90 days (3 months) prior to the eviction
  • Grant funds to prevent the eviction will not include expenses that would have been associated with move-in expenses

*Homelessness is defined as (based on federal HUD definition) an individual/family lacking a fixed, regular, and adequate nighttime residence; and an individual who has a primary nighttime residence that is either a supervised publicly or privately operated shelter designed to provide temporary living accommodations (including welfare hotels, congregate shelters, and transitional housing for the mentally ill); or a public or private place not designed for, or ordinarily used as, regular sleeping accommodation for human beings.

Additional documents for Homelessness Prevention:

1) 30 day eviction notice or 7 day vacate notice

2) If the household is homeless the individual or family must have documentation of temporary housing (shelter admittance notification or waitlist notification)

3) If residing in a condemned property the notice from the department of health is needed

Apply Now   Instructions

To access the application form in Word click here (Word).

Loss of household income due to death in the family

A sudden financial hardship due to the loss of regular household income can be caused by the death of an immediate family member living in the household. When a bookseller experiences loss of income for this reason, the Book Industry Charitable Foundation may provide financial assistance to help cover basic living expenses for up to three months if there is sufficient evidence that financial equilibrium will be achieved during that period.

Additional documentation required for death in the family:

  1. Death certificate or obituary

Apply Now    Instructions

To access the application form in Word click here (Word).

Loss of household income due to disability

A sudden financial hardship due to the loss of regular household income can be caused when a primary medical care provider requires a bookseller to be off work. In situations when a bookseller or their immediate family member in the household is off work for this reason, the Book Industry Charitable Foundation may provide financial assistance to help cover basic living expenses for up to three months if there is sufficient evidence that financial equilibrium will be achieved during that period.

Additional documents required for disability:

  1. Doctor’s note or affidavit of disability (including information on the illness or injury, course of treatment and recovery time)
  2. Signed HIPPA form provided by Binc.

Apply Now    Instructions

To access the application form in Word click here (Word).

Loss of household income due to divorce or separation

A sudden financial hardship due to the loss of regular household income can be caused by: divorce or legal separation, or the loss of court mandated support. When a bookseller experiences loss of income for one of these reasons, the Book Industry Charitable Foundation may provide financial assistance to help cover basic living expenses for up to three months if there is sufficient evidence that financial equilibrium will be achieved during that period.

The Foundation is not able to provide financial assistance in lieu of an associate’s compensation from their personal employer.

Additional documents required for divorce or separation:

  1. Divorce decree or affidavit of separation (can also be a mediation agreement)
  2. Court ordered child support benefit documentation (if applicable)

Apply Now   Instructions

To access the application form in Word click here (Word) .

Loss of household income due to partner or spouse job loss

A sudden financial hardship due to the loss of regular household income may be caused by the involuntary job loss by a bookseller’s spouse or partner. When a bookseller experiences loss of income for this reason, the Book Industry Charitable Foundation may provide financial assistance to help cover basic living expenses for up to three months, if there is sufficient evidence that financial equilibrium will be achieved during that period.

Additional documents required for job loss by partner or spouse:

  1. Job separation paperwork
  2. Unemployment filing paperwork or benefits letter
  3. Final pay stub from the employer prior to the job loss

Apply Now   Instructions

To access the application form in Word click here (Word).

Serious medical expenses

All booksellers are encouraged to carry health insurance as large medical bills can have a disastrous effect on a household’s finances. However, Foundation assistance may be available to help solve short-term financial emergencies created by serious medical expenses, such as paying the patient’s share of covered insurance expenses or assisting with the purchase of special equipment not covered by insurance.

Serious medical expenses include illnesses, injuries, or mental or physical conditions that involve one of the following: hospital care, extended absence from work coupled with treatment, chronic conditions requiring treatment and permanent or long-term conditions requiring treatment. Assistance may also be provided when emergency treatment is needed and partial payment or a down payment is required for treatment to be received.

Most requests for assistance are for the patient’s share of covered expenses after health plan payments from the provider have been made. Typically, the Foundation does not assist with co-payments or premium payments for medical services.

Book Industry Charitable Foundation financial assistance is not a substitute for participation in a health plan. Assistance for booksellers who chose not to participate in a medical plan may be limited. If a grant for assistance is given to a bookseller who has significant medical expenses, the Foundation may choose to use a medical mediation service to reduce the overall costs of the medical bill.

The Foundation does not provide assistance for experimental or preventive procedures not covered by the applicant’s health plan and Foundation funds are not provided for elective medical treatment. The Foundation cannot assist with medical insurance premiums.

Additional documents required for serious medical expenses:

  1. Doctor’s note or affidavit of disability (including information on the illness or injury, course of treatment and recovery time)
  2. Out of pocket medical charges or quotes for the necessary procedure
  3. Signed HIPPA form provided by Binc.

Apply Now   Instructions

To access the application form in Word click here (Word).

Utility shut-off prevention

Utility assistance may be provided to a bookseller only when a shut-off notice has been issued and the household may lose an essential utility (gas, heating oil or electric service only). Binc understands that quick action is needed to prevent a utility shut-off.  We strive to review bookseller requests confidentially and expediently.

Qualifications for providing or maintaining essential utility service:

  • Financial assistance will only cover the amount needed to prevent shut-off.
  • Eligibility and need will be based on the Home Energy Assistance Program (HEAP) guidelines set by the U.S. government.
  • Applicant must have made a good faith effort to stay current on the utility bill

Additional documents required for Utility Shut-off

  1. Official utility shut-off notice (not a past due notice)
  2. Most current utility bill statement

Apply Now   Instructions

To access the expedited application form in Word click here (Word).