CAP | CORPORATE ASSISTANCE PROGRAM
DOING WELL AND DOING GOOD AT THE SAME TIME
A CAP is a donor-advised fund that is typically used in conjunction with a company assistance program to enable your company to help employees and others that are going through hard times by giving to charitable organizations that come alongside to assist the financially distressed.
GETTING STARTED IS SIMPLE
The company completes the Provision Bridge* application to open a CAP.
SOUND GUIDANCE IS HERE
The company establishes a policy that will guide the company benevolence committee in making grant recommendations to Provision Bridge*. The policy names the committee members and how they are selected and the appropriate recipient charities or types of individual needs that will be considered.
CONTRIBUTING IS EASY
Companies, foundations, or individual employees or vendors may make tax-deductible contributions to the CAP.
HELPING IS QUICK
The committee will receive quarterly account statements to review balances available for giving recommendations. The committee will follow its policies for making recommendations for grants to assist those in need.
MAKE A DIFFERENCE
Do good and do well at the same time. Consider the idea of encouraging, employees, clients and vendors to participate by making contributions to leverage your giving.
If you already have a corporate assistance program but need assistance with handling the distributions, managing gifts, receipting and financial reporting Helping Hands Charitable / ProvisionBridge may be your solution. Please gives us a call to learn more.
A Powerful Team
Helping Hands Charitable and ProvisionBridge are sister non-profit organizations that work together to enable companies to assist employees and other designated entities who assist those in financial need.
* 501c3 Organization
Helping Hands Charitable is a qualified 501c3 so we can issue tax deductible receipts, most importantly distributions to individuals in need.
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