WeC.A.R.E.

Helping our WeSERV Family

West and SouthEast REALTORS® of the Valley WeC.A.R.E. Fund

Information

WeSERV WeC.A.R.E. (Caring Agents Responding to Emergencies) Fund (W.C.F.) is a part of the Arizona Association of REALTORS® Disaster Assistance Foundation, a tax-exempt 501© (3) public charity. This Fund is the heart of the West and SouthEast REALTORS® of the Valley's (WeSERV) commitment to its REALTOR® members, Affiliate members, and staff in good standing. It's a way of discovering and serving the higher purpose of business through charitable giving in the communities where our members live and work.

Purpose

Catastrophic Nature/Emergency Situations is defined as a tragedy, disaster, and misfortune that would prevent a member from working or being able to support their family. An extraordinary challenge is an unforeseen and unpredictable emergency that is not of a recurring nature. Type of assistance can include, but is not limited to:

• Medical costs
• Insurance policy payments
• Medical facility treatment
• Medical condition
• Emergency transportation
• At-home assistance
• Housekeeping
• In-home daycare
• Death expenses
• Funeral assistance

Items not specified shall be considered by a special meeting for modification of catastrophic definition as applied to this foundation. It does NOT cover negligence-by-intent (i.e. drugs/alcohol/mismanagement of finances) or lack of income from business downturn.

W.C.F. Committee

The W.C.F. Review Team will be comprised of up to twenty WeSERV members in good standing along with the WeSERV Chief Executive Officer, or CEO Designee, serving as an ex-officio member. A quorum will consist of a minimum of three members plus the CEO or CEO Designee. The Review Team performs the following functions as the administrator/manager of the Fund: Assists, or delegates authority to assist, eligible WeSERV members in need with the W.C.F. grant application process.

W.C.F. Accounts

The money for W.C.F. shall be held in a special 501© (3) account at the Arizona Association of REALTORS®. The money in the account must remain separate, allowing for simplified reporting when donors want to know the amount they have contributed. For donors to be properly receipted for any tax-deductible donations, those donations must be distributed to the charity for which they were collected before the end of the year in which they were collected. A minimum reserve of $30,000 of the existing fund will be maintained at all times.

W.C.F. Grant Amount

WeSERV’s WeC.A.R.E. Fund is a once in a lifetime funding of up to $2,000. Payment to be made directly to the medical facility, lender, insurance company, etc. No payments are made directly to the candidate.

W.C.F. Grant Candidate Eligibility

A WeSERV WeC.A.R.E. Foundation grant provides a degree of assistance for a West and SouthEast REALTORS® of the Valley member experiencing hardship as a result of a sudden emergency. This is intended to be a one-time grant. Eligible candidates shall be an active member of WeSERV, or a member’s immediate family and spouses; (defined as Parents, Partners/Spouses, and Children).

W.C.F. Grant Application Criteria & Process

Complete a W.C.F. Grant Application or submit a necessary letter. The Grant applicant must specify the following:

1. Summarize the WeSERV member’s emergency.
   
2. Indicate the amount of the need and the amount being requested.
   
3. Indicate what WeSERV has previously done to aid the applicant.
4. Complete a W.C.F. Grant Online Application

You can also submit a necessary letter or written application to: West and SouthEast REALTORS® of the Valley – Attention WeC.A.R.E. Liaison, 1733 E. Northrop Blvd., Chandler, AZ 85286.