Help for families
Every year, every family that cannot rely on other support services can be supported by the resources of the Bank Austria Family Fund.
The Bank Austria Family Fund was founded in 1994, and is meant to provide quick and non-bureaucratic help for families in crisis situations.
Support from the fund is one-time assistance meant to enable families to manage their day-to-day life better, and to become socially integrated once more.
In 2017, a total of 34 families were assisted with an annual amount of €25,000. The amounts paid out ranged from €235 Euro to €1000. To qualify for a contribution from the fund, all other state support possibilities must already have been used up.
This is how the Family Fund has helped
These selected examples show how your assistance was implemented in 2017:
Manuela would never have thought that she would ever need financial support. For many years she worked in large companies, earned well, and had no worries about money. Due to the bankruptcy of her last company, she lost her job. At first she thought she would soon find a new position, but her situation lasted for four years. With her son she was able to do less and less, because money was lacking. Debts and arrears in rent piled up to the point that she was threatened with eviction.
Thanks to the one-time financial support provided by the Bank Austria fund, she was able to avert this. Manuela found hope, and her life has been strengthened again.
After his apartment was broken into, followed by arson, Nino, with his daughter Cindy and his life partner Anna, were able to stay with acquaintances for a short time. The family was offered a rental apartment by the district, which is also affordable for them. However, all of their furniture was destroyed in the fire. Nino’s mother contributed something to provide furniture for the new apartment. But they were still missing some electrical appliances and furniture for the living room and their daughter’s room.
The family was overjoyed about the financial support they received from the budget of the Bank Austria Fund, and Cindy jumped for joy when she saw her room.