The Caring and Funding Podcast powered by CAF America celebrates philanthropy, donors, and charities working together around the globe making our world a better place for everyone.
http://cafamerica.org
The Law and Employee Emergency and Hardship Relief Funds
Join CAF America President and CEO, Ted Hart, as he and his guest experts Holly Welch Stubbing, President & CEO of E4E Relief, and David Shevlin, Partner at Simpson Thacher discusses how employers can assist employees dealing with hardships related to the unprecedented ‘shelter in place’ and ‘social distancing’ restrictions being enforced across the country. Some employees have found themselves suddenly jobless or temporarily living with drastically-reduced wages, whereas others are left figuring out how to care for their children or elderly parents. Our special guests will help listeners learn how Employee relief funds (ERFs) can provide immediate charitable support to employees and their dependents who are facing financial difficulties because of personal hardship or disaster. However, these programs are complex to design and manage, attention to detail is key to regulatory compliance. This podcast will share both the legal and practical details a corporation must take into consideration when establishing such a fund.