The Downtown Boulder Foundation (DBF) has created the 2020 Downtown Boulder Employee Assistance Fund to support individual employees of downtown Boulder businesses who are experiencing immediate, unforeseen financial hardships due to COVID-19.
Gifts from the fund will be made available to individuals who are:
Either employed by a downtown Boulder business and have had their hours reduced;
Or Who were recently employed by a downtown Boulder business, but were let go as a result of the COVID-19 pandemic.
Are experiencing severe financial distress resulting from significant loss of income from their downtown Boulder employment due to the COVID-19 pandemic.
As donations are received (and remain available) through the Downtown Boulder Employee Assistance Fund, we will fund one-time gifts of $500 to individual employees, nominated by their employer, whose incomes are being adversely affected due to business closings and/or operational adjustments during this crisis.
Applicants must be nominated by their employer (current or former)
Employer may nominate up to three (3) employees per month
Individual employees must work/have worked within the defined downtown Boulder boundaries identified by the DBF (see map below)
Individual employees must be experiencing severe financial distress resulting from significant loss of income from their downtown Boulder employment due to the COVID-19 pandemic. Examples of severe financial distress include: limited to no savings, unable to cover basic needs such as food and rent, financial responsibility for family members, not eligible for unemployment, etc.
Beginning on April 1, the online donation portal will be open to the public for the collection of donations to the fund.
Beginning on April 15, Downtown Boulder Foundation staff will review applications on a weekly basis.
Once an application is received, notification of application status will be sent to both the nominee and nominating employer within 10 days.
As funds are / become available, funding will be provided to approved applicants (by check) within 30 days