What is the Associates for Associates Fund?
The Associates for Associates Emergency Fund is an opportunity for associates to provide support to fellow associates through supplemental assistance in times of extreme financial hardship. This fund is co-managed by The Salvation Army and Limited Brands to offer emergency assistance, which includes community resources and monetary aid. The Fund is designed to our associates help in times of extreme financial hardship as a result of a catastrophic event or severe personal crisis. These events can include, but are not limited to a home being destroyed by fire, a serious medical condition, and a natural disaster.
How is Associates For Associates funded?
Simply put - this is a family effort. The Associates for Associates Emergency Fund was created with a significant gift from Limited Brands. However, your personal contributions are pivotal, as it will be funded mostly through associate contributions. Limited Brands will match, dollar for dollar, each associate contribution to the fund.
How will money be distributed?
Grant determinations are made initially by the Salvation Army using a process that prioritizes need and impact. The dollar amount, once determined by that process, is then approved by the Limited Brands’ Associates for Associates committee, consisting of Limited Brands’ associates.
Grants are paid out in the associate’s bi-weekly paycheck and are considered taxable income, but will be tax-assisted by Limited Brands. Meaning, the amounts have been grossed-up to compensate for the taxable amount. The full amount will be reflected on the associate’s next w-2 as income. Limited Brands has withheld the necessary taxes.
How do I help?
All interested associates may make a non tax-deductible financial donation to the Associates for Associates Fund. In response, the company will match each dollar contributed to the fund. Please note that this is not a charitable fund, therefore personal donations are not tax-deductible.
Associates who would like to make recurring donations may choose to complete a Payroll Deduction Form.
For one-time contributions, checks should be made payable to: Limited Brands Associates for Associates Fund and sent via inter-office mail to Associates for Associates, attention Kim Schiffmacher, DC3 or via USPS mail to Associates for Associates, Limited Brands, Three Limited Parkway, Columbus, OH 43230.
Associates in our home office buildings may also contribute to the Associates for Associates fund by using the Associates for Associates buckets located at café registers.
How do I apply for Emergency Assistance?
Associates must complete a Grant Consideration Form*. The completed form may be faxed to Kim Schiffmacher @ 614-415-7786 or emailed to email@example.com. Questions can be directed to Kim @ 614-415-7177. The associate will be contacted directly by the Salvation Army for any additional information needed to support of the application.
How many assocaites have been helped?
Since the fund was created in 2005, in response to Hurricane Katrina, the Associates for Associates Emergency Fund has approved and distributed more than 700 gifts totaling more that $975,000 to assist associates facing hardships due to emergency situations beyond their control.
* Associates will be required to enter their unique Employee I.D. number in order to submit an application.