Proving that family extends beyond blood relation, The University of Toledo community is rallying around former employees affected by recent budget cuts.
Spearheaded by the officers of the College of Medicine Faculty Council, a new fund has been established at the UT Foundation to assist employees laid off since July 1. The Employee Relief Fund is designed to reimburse a portion of the base COBRA costs for qualifying former employees who elected this coverage upon their departures.
“Our goal is to make a positive impact on the finances of a number of former employees,” said Dr. Lawrence Elmer, chair of the Employee Relief Fund Committee. “It represents a heartfelt expression of our thanks to them for their help in advancing the mission of The University of Toledo. We want them to know that they’re still part of our UT family.”
The application process for qualifying individuals is still pending and will be dependent upon the amount of contributions received. Due to the urgency of payment and reimbursement issues, the College of Medicine Faculty Council hopes that gifts to the fund will be made as soon as possible.
The committee would like to garner enough support to assist displaced employees through June 30.
Members of the College of Medicine Faculty Council and staff from the UT Foundation collaborated with multiple offices throughout the University to create the fund.
Contributions may be made as one-time, tax-deductible gifts or as intermittent payroll deductions until June of this year.
Donations may be sent to the UT Foundation, mail stop 319, or made online (specify the “Employee Relief Fund” in the “Other Designation” box) at www.utfoundation.org. Length of the payroll deduction will be based on how long it takes your per-pay allotment to reach the total pledge amount.
Questions can be directed to Bryan Dadey, vice president of finance and operations, UT Foundation, at 419.530.5607.