Fund Updates-Difficult Times, Difficult Decisions & Some GREAT News
Disaster Relief Fund
Early into the outbreak we communicated at that time that PATH Intl. would be unable to award disaster relief funds to relieve pandemic–related expenses. The PATH Intl. Board of Trustees has since determined that no funds from the PATH Intl. Disaster Relief Fund will be distributed for COVID-19 Virus relief. The trustees used the fund distribution guidelines for their decision. Their specific sources include the following: “Disasters within the scope of the PATH Intl. Disaster Relief Fund are those natural occurrences (e.g., hurricane, earthquake, tornado, flood, fire drought) or negligent, intentional or criminal acts of man that cause catastrophic loss...,” and “Allocation of funds will be determined based on the number of applications submitted, the degree of need described and the amount of available funds.”
The Board of Trustees determined the dollars in the fund (the fund currently holds less than $7,000) cannot meet the magnitude of dollars required for pandemic relief. They determined it is important to keep those funds available for the natural occurrences that continue to occur but have a more limited impact.
Equine-Assisted Activities and Therapies Participant Fund
There is great news regarding the PATH Intl. EAAT Participant Fund! Because this fund is more robust, the board decided to increase distributions. Typically, $3,000 is granted annually (up to $1,000 per participant). This year, PATH Intl. will be distributing up to $10,000 to applicants who applied earlier this year with a second round of $10,000 funding to be granted in the second half of the year! As details are still being worked out, please watch for more news on applying for the second round.