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Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

ALATEC Corporate Care Fund

Organization: Administered by the Community Foundation of Greater Huntsville on behalf of ALATEC, Inc.

Mission: Special charitable fund that allows employees of ALATEC to apply for grants during periods of extreme financial hardship brought on by natural disaster, death, serious or life-threatening illness or injury, or other crisis.

Geographic Scope: ALATEC employees only

Eligibility Criteria:

  • Must be an employee of ALATEC, Inc.

  • Must have experienced extreme financial hardship due to:

    • - Natural disaster
    - Death
    - Serious or life-threatening illness or injury
    - Other crisis situations

    Fund Structure:

  • Allows tax-deductible donations from ALATEC company or employees

  • Applicants receive financial assistance without incurring tax liability

  • Independent committee reviews applications

  • Awards based on criteria defined by the company

  • Ensures anonymity and prevents favoritism

    • About ALATEC, Inc.:

  • Service Disabled Veteran Owned Small Business

  • Employee Stock Ownership Plan (ESOP) company

  • Founded in 2001

  • Primarily focused on Federal Government service contracts

    • Program Status:

  • One of only two employers in Madison County with this progressive program (as of 2014)

    • Contact Information:

  • Contact: Stuart Obermann, President/CEO

  • Phone: 256.535.2065

  • Email: stuart@communityfoundationhsv.org

  • Address: 301 Washington Street NW, Suite 302, Huntsville, AL 35801

  • Mailing: P.O. Box 332, Huntsville, AL 35804

    • How to Apply

    Application Process

    How to Apply:
    1. ALATEC employees who have been impacted by eligible incidents apply directly to the Community Foundation
    2. Complete application submission (specific form requirements not detailed in available materials)
    3. Submit to the Community Foundation

    Review Process:
    1. Independent committee reviews grant applications
    2. Committee makes awards based on criteria defined by ALATEC when fund was created
    3. Process maintains anonymity and prevents favoritism
    4. Company remains independent of grant-making decisions

    Application Timeline:

  • Applications accepted on rolling basis as needs arise

  • Independent review committee meets to evaluate requests

    • Apply with Grantable Learn more

    Focus Areas & Funding Uses

    Fields of Work

    hardshipveteran-businesses

    Categories

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