The David Serlo Hardship Foundation

Velera employees are bonded by a culture of people helping people. The David Serlo Hardship Foundation (DSHF) is a prime example. Founded by PSCU’s first employee and founding President, and named in his honor, the Serlo Hardship Foundation recognizes that employees may experience an emergency or unforeseen circumstance that requires emergency financial assistance. The Foundation, funded exclusively by employee donations, is available to assist eligible employees who are experiencing a personal financial crisis and who have exhausted all other avenues for obtaining assistance.

Grants are based on:

1. A documentable catastrophic event (e.g., family crisis, acute illness, natural disaster, fire, weather event) and
2. The event is not of the recipient's own making and
3. The resulting financial hardship

Who is Eligible for Grants?

• All full and part-time Velera employees
• Employees who have worked at Velera for at least 90 days
• Velera employees who are on approved leave
• The catastrophic event must have occurred during the applicant's employment at Velera
• Employees must have a genuine financial hardship

It is important to note that simply not being able to financially make ends meet does not qualify for a grant from the foundation. There must be a documentable catastrophic event (e.g., family crisis, acute illness, natural disaster, fire, weather event) and the event is not of the recipient's own making.