 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
Disaster Victim Donation Accounts
Through the Sebring Area Chamber of Commerce
The Sebring Area Chamber of Commerce Board (SACCB) will act as agents to set
up accounts for persons in need in our community. Anyone can deposit funds
into the account. Those who make donations will assume that the financial
institution where the account is housed and SACCB have exercised due diligence
in the development of the account and future disbursements when depositing
funds. Once funds are deposited, they cannot be redeemed. The account shall
be closed after all funds are disbursed and sixty days of inactivity.
Persons in need are defined by those whom have been victims of serious home
fires (loss set by fire inspector of over $10,000) after insurance offset, loss (death
and disability only) of a primary wage earner in a family with children under 18,
funeral expenses where no other funds are available and extreme medical
expenses (total bills over $10,000) not covered or offset by insurance. Funds can
be for expenses of a victim, survivor or direct family member living at the same
residence. Under no circumstances should funds be used to ‘reward’ for
evidence or actions in criminal pursuits. Funds cannot be used for memorial
scholarships. However, funds that are collected that are in excess of the amount
needed by the intended recipient can be used as a one time scholarship in the
school district in which the intended resides. This scholarship shall be monitored
and funded in the same manner as the regular scholarships provided by SACC.
Persons in need must live within the bounds of the 938 exchange telephone
number, have a Sebring address or 44672 zip code, or be a direct member in
good standing of the SACC.
Persons in need must be identified as meeting the criteria by any current
Chamber Board member. This member will inform the Treasurer of the need.
The treasurer will contact other board members for approval by a majority
affirmation to proceed in setting up the account. Verification of need can be
automatically approved if there is a story of the need in the local media. Once
approved, a press release will be sent to local media with the name of the
account. The president of the SACCB will be responsible for contacting the
intended recipient and making them aware of the existence and nature of the
funds. If the intended recipient is a minor child, the need of the child will be
assessed by the SACCB for disbursement of funds.
Each individual account will be maintained separately within general accounting
software for both gathering and releasing of funds. The funds will be owned by
the Sebring Area Chamber of Commerce until disbursement. Disbursement can
only be made from the account by the Treasurer or President of the SACCB.
Should the need for which the funds were collected cease to exist or is refused,
the monies will be returned to the general fund of the SACC to be used for those
in future need.
Funds will not be released directly to any person identified as in need. They must
be disbursed directly to a funeral home, clothing store, hardware business,
grocery store, department store or other agents as defined as necessary by the
SACCB. Whenever possible, funds should be disbursed to SACC business
members, and any matching funds obtained. Monies are collected for specific,
limited purposes and all disbursements will be monitored by SACCB. In cases of
multiple persons in need who are identified within the same account (i.e. families)
funds will be distributed according to the wishes of the oldest surviving person at
the same address.
SACC and the SACCB, as well as Huntington Bank are not to be held liable should
the funds be misused, abused or fraudulently obtained.
Through the Sebring Area Chamber of Commerce
The Sebring Area Chamber of Commerce Board (SACCB) will act as agents to set
up accounts for persons in need in our community. Anyone can deposit funds
into the account. Those who make donations will assume that the financial
institution where the account is housed and SACCB have exercised due diligence
in the development of the account and future disbursements when depositing
funds. Once funds are deposited, they cannot be redeemed. The account shall
be closed after all funds are disbursed and sixty days of inactivity.
Persons in need are defined by those whom have been victims of serious home
fires (loss set by fire inspector of over $10,000) after insurance offset, loss (death
and disability only) of a primary wage earner in a family with children under 18,
funeral expenses where no other funds are available and extreme medical
expenses (total bills over $10,000) not covered or offset by insurance. Funds can
be for expenses of a victim, survivor or direct family member living at the same
residence. Under no circumstances should funds be used to ‘reward’ for
evidence or actions in criminal pursuits. Funds cannot be used for memorial
scholarships. However, funds that are collected that are in excess of the amount
needed by the intended recipient can be used as a one time scholarship in the
school district in which the intended resides. This scholarship shall be monitored
and funded in the same manner as the regular scholarships provided by SACC.
Persons in need must live within the bounds of the 938 exchange telephone
number, have a Sebring address or 44672 zip code, or be a direct member in
good standing of the SACC.
Persons in need must be identified as meeting the criteria by any current
Chamber Board member. This member will inform the Treasurer of the need.
The treasurer will contact other board members for approval by a majority
affirmation to proceed in setting up the account. Verification of need can be
automatically approved if there is a story of the need in the local media. Once
approved, a press release will be sent to local media with the name of the
account. The president of the SACCB will be responsible for contacting the
intended recipient and making them aware of the existence and nature of the
funds. If the intended recipient is a minor child, the need of the child will be
assessed by the SACCB for disbursement of funds.
Each individual account will be maintained separately within general accounting
software for both gathering and releasing of funds. The funds will be owned by
the Sebring Area Chamber of Commerce until disbursement. Disbursement can
only be made from the account by the Treasurer or President of the SACCB.
Should the need for which the funds were collected cease to exist or is refused,
the monies will be returned to the general fund of the SACC to be used for those
in future need.
Funds will not be released directly to any person identified as in need. They must
be disbursed directly to a funeral home, clothing store, hardware business,
grocery store, department store or other agents as defined as necessary by the
SACCB. Whenever possible, funds should be disbursed to SACC business
members, and any matching funds obtained. Monies are collected for specific,
limited purposes and all disbursements will be monitored by SACCB. In cases of
multiple persons in need who are identified within the same account (i.e. families)
funds will be distributed according to the wishes of the oldest surviving person at
the same address.
SACC and the SACCB, as well as Huntington Bank are not to be held liable should
the funds be misused, abused or fraudulently obtained.