Affiliate Financial Assistance Program

Program Information

What is the Affiliate Financial Assistance Program?

The Affiliate Financial Assistance Program launched in October 2014. Affiliates that are in good standing with the ASRT are eligible for the program. ASRT will provide each eligible affiliate society with whichever is greater: either a $4,000 lump-sum payment or $1 for every ASRT member who resides in the city or state the affiliate represents.

What are the requirements?

Application eligibility is determined by:

  • Meeting all compliance requirements by their current compliance deadline.
  • Having submitted 2 qualified delegate and 2 qualified alternate delegate names and their Affiliate Delegate information forms by the last business day of January during ASRT’s previous fiscal year.*
  • Having seated 2 qualified delegates at the Annual Governance and House of Delegates meeting that occurred during ASRT’s previous fiscal year.*

Affiliates will also be required to provide:

  • A current membership list.
  • A copy of their financial policies and procedures manual.
  • Proof of current insurance policies for directors and officers, bonding or employee dishonesty and general liability.
  • A signed agreement.

When is the documentation due?

Documentation for requirements will be due at the same time as the affiliate’s compliance due date.

When would we receive the funds?

Affiliates that meet the requirements will receive the funds after application review and approval.

What if we do not have insurance?

Entrance and continued participation in this program requires insurance. Contact the Affiliate Relations staff for more information. There are webinars, policy templates and resources to help you find insurance in your state.

How much does insurance cost?

Recently, we surveyed affiliate leaders to get an idea of the range of insurance costs across the country. As you know, insurance costs vary from state to state. The range that most affiliates are paying is $200 to $1,500 per year for each line of insurance. You can bundle insurance packages together to keep costs low. Consult with your local insurance agent to get a quote.

How often can we apply for this program?

You can apply for the program each year on your compliance due date.

What if we are on probation?

You may still apply as long as your affiliate has an active status.

What if we are currently in other programs?

You can apply for any of the ASRT programs concurrently. These programs are all support for your affiliate to help build a strong foundation.

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