The Emergency Fund
The Emergency Fund is designed to provide limited financial assistance to eligible employees who are experiencing economic hardship due to certain emergency situations.
Situations should be short-term or temporary in nature, and not chronic. Employees will be referred to an appropriate source (i.e., community agency, Consumer Credit Counseling Service, etc.) if their situations do not apply here.
Examples of situations eligible for consideration under this fund include but are not limited to: personal or family crisis involving an emergency financial need; unexpected medical or funeral expenses which exceed insurance provisions resulting in economic hardship; or an uninsured loss due to fire or natural disaster resulting in economic hardship
A small committee of employees from Ensign-affiliated entities (the “Disbursement Committee”) will review the request and make a determination within one week, depending on the circumstances. The employee and the Executive Director of the operation will be notified of the decision. Personally identifiable information for all requests will be kept confidential, but general information about the grant may be shared with employees of Ensign-affiliated entities to show how funds are being distributed.
Grants made by the fund will be treated as taxable income to the recipient and be subject to applicable payroll tax withholdings.
Eligible employees may apply twice in a calendar year. The total maximum amount allowed is
$10,000.00, subject to availability of funds and the discretion of the Disbursement Committee, but the average grant is $1,000.00. The maximum amount may be increased given extenuating circumstances or if additional funds become available.
A Grant can be approved partially or in-full, depending on the situation and at the discretion of the Disbursement Committee. Employees of Ensign-affiliated entities who receive a grant are not required to pay back a grant. However, grant recipients are encouraged to do so as they are able in order to help replenish the fund for future requests.
The Emergency Fund is primarily funded through voluntary donations from employees of the affiliates of The Ensign Group, Inc., and a monthly contribution from Ensign Services, Inc.