Book Industry Charitable Foundation (BINC)
Jun 17, 2020
About Book Industry Charitable Foundation (BINC)
BINC is a 501(c)(3) nonprofit that coordinates charitable programs to strengthen the bookselling and comic retailing community. Our core program aids employees and owners who have a demonstrated financial need arising from severe hardship and/or emergency circumstances. Since its inception, the organization has provided over $9 million in financial assistance and scholarships to more than 9000+ families. Support for the Foundation’s programs and services comes from all sectors of the book and comic industries. Our mission is to strengthen the bookselling and comic retail community through charitable programs that support employees and their families. The Foundation was imagined and built by booksellers and proudly continues to be their safety net. It is our vision to be a caring community of book and comic people. In 2017, we added a program to assist stores impacted by natural disasters from wildfires to the recent public health emergency.
How can comic stores apply for relief funds thought your organization?
BINC assesses each request to determine how best to provide relief. Those in need can fill out the form found here: https://www.bincfoundation.org/assistance/#assistance-form and BINC will be in touch within two days.
What are the requirements to apply for relief?
Eligibility Requirements for Individual Household Assistance:
- Employees or owners must be a regular full- or part-time comic retailer or owner at a bricks-and-mortar store (where the majority of the store's sales come from book/comic books) in the United States, Puerto Rico, The U.S. Virgin Islands, or Guam
- Must have been employed for a minimum of 90 days
- OR an employee of a store closed which within the past 6 months (employee or owner must have a minimum of 12 months tenure)
AND are experiencing an unforeseen financial hardship resulting from a specific, qualifying life event
How long does the application process take?
The application only takes 15-20 minutes and once all needed documentation is received, BINC will let applicants know within 48 hours if their grant has been approved. At times it may take longer and emergency assistance is turned around within 7 to 10 business days sometimes longer depending on the individual's circumstance (i.e. in the case of medical bills or medical procedures). Once all the documents are received, and assistance is approved, bills are promptly paid by the Foundation on the individual's behalf.
Examples of how BINC is helping during COVID-19:
Please check out testimonials from individuals and stores who received grants from BINC - https://greatnonprofits.org/org/book-industry-charitable-foundation
Where can I follow BINC on social media?
Visit their website for more information! https://www.bincfoundation.org/