Crisis Fund
In 1990, Homer B. Reynolds III, in honor of his mother, Margaret
F. Reynolds, a retired Plano ISD principal, created a fund for
employees
in crisis. The purpose of the fund is to provide a source of financial
aid to Plano ISD employees who are facing an emergency situation
and are unable to handle immediate financial obligations associated
with the crisis. To assist more employees with financial emergencies,
over the years the Reynolds Fund has grown from Mr. Reynolds’ original
investment to a larger fund with contributions solicited annually
by the Plano ISD Education Foundation. The fund is made available
by the Plano ISD Education Foundation to provide short-term assistance
to numerous Plano ISD employees each year.
Mission
To provide a source of financial aid to Plano ISD employees who
are facing an emergency situation and are unable to handle immediate
financial obligations associated with the crisis.
Process
Full-time employees in need of emergency funding will make their request
(Microsoft Word, 51 KB) through the Plano ISD Benefits and Risk Management department. Applications will be reviewed by the Margaret Reynolds Fund Crisis Team, which may include a representative or designee of the Plano ISD Education Foundation, and two representatives of Plano ISD. In addition, the director of Benefits and Risk Management will chair the meetings as a non-voting member, and will serve as the advisor, providing information regarding applicants.
The committee
will meet periodically during the school year to review and approve or disapprove employee requests.
In order to respond to urgent requests, three committee members will be designated to respond to emergency situations. Decisions regarding funding may be made via phone or e-mail in those cases where immediate decisions are required and/or meetings are not possible.
The committee will determine the amount of the funding on a
case by case basis. Requested funding is not guaranteed. Decisions are made based on the information about each request, as well as the Fund's financial status at the time of the request. All requests will be handled confidentially. An applicant will not be funded more than once every three years.
Examples of emergency funding which could qualify include, but are not limited to:
- Death in the family (e.g., assistance in obtaining transportation
funding to attend an out-of-town funeral for an immediate family
member, as defined in policy DEC(Local)
 )
- Medical emergency (e.g., assistance in meeting an insurance deductible
or covering loss of income due to lack of available sick leave
or assistance in paying for some portion of life sustaining treatment
that is not covered by health benefits or insurance)
- Fire or other natural disaster (e.g., assistance for temporary
housing, clothing allowance, etc.)
Reynolds
Fund Application (Microsoft Word, 51 KB)
For more information or to submit a request for funding, please contact:
Plano ISD Benefits and Risk Management Department
6301 Chapel Hill Blvd
Plano, TX 75093
Phone (469)752-4753
E-Mail reynoldsfund@pisd.edu
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