“Binc’s help literally stopped a disconnect in progress. No cooking gas, no hot water, no heat on cold nights – it would have been a huge problem. I’m still blown away at how quickly my request for gas bill disconnect was paid.” That is what a Chicago bookseller had to say about the Foundation’s help with keeping her utilities connected. Binc understands that to prevent a utility shut-off quick action is needed, and for that reason, we strive to review bookseller requests expediently.
The Binc Foundation recently revived utility shut-off prevention as a qualifying event category in the financial assistance grant program. Under this category, utility assistance may be provided to a bookseller when a shut-off notice has been issued and the household may lose an essential utility (gas, heating oil or electric service only). Please visit the financial assistance page of the website for additional qualification details. Including utility shut-off prevention as a qualifying event, allows Binc to assist a greater number of bookstore employees who are experiencing a financial hardship.
Since inception the Foundation has helped more than 6,500 families with more than $5M in the form of emergency financial grants and higher education scholarships. Any book store employee facing an unexpected financial hardship such as utility shut-off may apply for a tax free grant.