EMERGENCY RELIEF FUND STRUCTURE
#PAWNSTRONG – Emergency Relief Fund Rules
The NPA #PAWNSTRONG Relief Fund is being set up to collect monies to help cover unexpected expenses directly resulting from the riots and violent protest that have taken place nationwide in the wake of George Floyd’s death. These funds will be distributed to NPA Member Pawnbrokers who apply for relief funds and can offer proof of misfortune. Emergencies must have taken place within 3 months of their application date.
Donations can be made to the relief fund by sending a check to the following:
NPA – Relief Fund
PO Box 508
Keller, Texas 76244
Funding*: Funds will be collected through Friday, June 26th. Once all commitment of funds has been received by the NPA, those companies that have applied for relief will be contacted and funds will be distributed in increments of $5000 initially (or a lesser amount if the fund cannot support this goal.) Funds will be distributed equally amongst applicants. Repayment is not required.
*Fund recipients may need to claim the contribution as income; please consult with a tax expert.
At the NPA, we realize the losses incurred by our Member Pawnbrokers far outweighs the level of support we can provide for them financially, but we also believe every little bit counts. The purpose of this effort is to unite as an industry to rally behind our fellow members in a time of distress, providing resources, tools and as much financial support as this relief fund will allow. We know our Members are working daily to support their individual communities and we are aware of the financial impact this disruption will have on our industry overall. The goal here is to be a resource and to do our part.
To apply or if you have any questions, please complete the application below.