Catastrophic Hardship Grant - Request to Apply (Leadership)
This form initiates the Catastrophic Hardship Grant application process. A member of the KW Associate’s Market Center or Regional leadership team must complete this form. Leadership team members include:
- Operating Principal (OP)
- Team Leader (TL)/ Assistant Team Leader (ATL)
- Market Center Administrator (MCA)/ Assistant Market Center Administrator (AMCA)
- General Manager (GM)/ Market Center Leader (ML)
- Regional Operating Partner (ROP)
- Regional Director (RD)
- Regional Operations Manager (ROM)
- For KWRI/Austin Headquarters employees, this should be completed by a Heart Fund or HR rep.
Catastrophic Hardship Grants can provide up to $30,000* (amount based on the qualifying situation and documented financial need) to assist with:
- Out-of-pocket medical expenses
- Travel and/or rehousing expenses necessary to receive essential medical treatment
- Modifications to home for accessibility
- Assistance with deductible and/or shortfall in repair expenses following a housing disaster, such as fire, flood, tornado, etc. Assistance for housing disasters is for primary residence only.
Before completing this form, you and the applicant should discuss the grant amount the applicant will request.
*Important Notes Regarding Amount Requested by Applicant:
KW Cares grants are intended to provide a degree of assistance and not to make an applicant whole. When requesting an amount, please keep the following in mind:
- KW Cares can assist with unmet needs. Unmet needs are expenses remaining after other sources have been depleted, such as homeowner's insurance, medical insurance, crowdfunding, etc.
- For medical grants, KW Cares calculates the grant amount based on incurred out-of-pocket medical expenses. We are unable to include assistance for projected medical expenses.
- KW Cares may assist with up to two months of unmet living expenses when the applicant cannot work due to a medical condition. Unmet living expenses consist of basic living expenses after exhausting other income sources (e.g. spouse's income, retirement benefits, social security, rental property income, governmental assistance, etc.).
- KW Cares uses a standard cost of living index to determine the average cost of living based on the county of residence and household size.
Non-Producing Agents: If an agent has no production history and requests assistance with living expenses, it is difficult to determine if the lack of income is a result of the event or a result of slow sales/lack of success in real estate. In these situations, KW Cares may only be able to assist with out-of-pocket expenses.
It is the expectation that the grant applicant receive support from the market center or KWRI Heart Fund equal to 10% (minimally) of the applicant’s need and/or other assistance (e.g. meals, transportation, childcare, cleaning, yard services, donated PTO, etc.). Market centers may also waive office fees, pay for license renewals, etc.
To complete this form, you will need:
- KW Associate’s/Grant Applicant's name (exactly as it appears in the KW White Pages or Command) and email address
- Market Center Name/Number
- The grant amount the Grant Applicant is requesting*
- The amount of support provided to the applicant or a detailed fundraising plan.