An Employee Assistance Fund (EAF), also known as an Employee Relief Fund or an Employee Crisis Fund, is a program to help employees cope with unexpected hardships that place undue financial stress on them and their families. A leading way to distribute EAF funds is through an external nonprofit partner that increases the flexibility of what hardships the fund can cover, as well as lowers the administrative burden to the company.
Many employers establish these funds to assist their employees with the financial challenges these types of events present. Helping employees allows employees to recover more quickly, demonstrates a company's care for employees and commitment to their well-being, and provides co-workers an opportunity to help their colleagues.
By working with the U.S. Chamber Foundation and America’s Charities, your company can provide support to employees in times of distress and hardship, wherever they are located – in-person at your office or remote at home, in the U.S. or internationally. Each EAF is tailored to the parameters and qualifications provided by the company, ensuring it aligns with its corporate values and culture.
Why Partner with the U.S. Chamber Foundation and America's Charities?
Enhanced Efficiencies
With an already established infrastructure, the U.S. Chamber Foundation and America’s Charities can quickly launch and mobilize your company’s EAF.
Established Experience
Decades of experience in corporate relationships, customer service, and funds management ensures that your EAF is managed professionally.
Greater Flexibility
Partnering with an external nonprofit provides flexibility and tax advantageous options for employers and employees.
