Fund Guidelines
BENEFICIARY DISTRIBUTION GUIDELINES FOR THE FALLEN BROTHER FUND PREAMBLE
The Fallen Brother Fund [FBF] was established to provide donations to the beneficiaries of railroad workers who die in the line of duty. It does not matter whether the death was the result of an accident or illness. The only requirements are (1) that the railroad worker was “on duty” at the time of death and (2) that he/she was a member of a recognized U.S. railroad employee labor union in the employ of a Class I, II or III railroad, AMTRAK or a commuter line.
The FBF was officially formed on June 4, 2009. The fund is a non-profit charity, registered with the Internal Revenue Service under 501 (c)(3) of the Internal Revenue Code. As such, all donations made to the FBF are tax deductible.
Until the FBF has raised, and has on deposit with its bank account located at Metro Bank in Southside, Alabama [the "Distribution Account"], the amount of $10,000.00, it will only give $300.00 to the qualified “Beneficiary” of a deceased worker. However, once the fund raises at or above $10,000.00 in its Distribution Account, the distribution guidelines and amounts will be distributed as follows:
Fund Balance:
between $10,000 and $19,999 – benefit will be $400
between $20,000 and $29,999 – benefit will be $500
between $30,000 and $39,999 – benefit will be $600
between $40,000 and $49,999 – benefit will be $700
between $50,000 and $59,999 – benefit will be $800
between $60,000 and $69,999 – benefit will be $900
$70,000 and above – benefit will be $1000
BENEFICIARY ENTITLEMENT REQUIREMENTS
The requirements of the FBF to establish an entitlement to monies are that the FBF be provided a certified copy of a death certificate. Verification of railroad employment on the date of death, the physical address of the decedent at the time of death and proof of membership in a recognized railroad employee labor union are, also, required. FBF will assist in obtaining those verifications. In the event there is no surviving spouse as beneficiary, it shall be at the discretion of the Board of Directors on further considerations of beneficiary entitlements.
FALLEN BROTHER FUND
Beneficiary Information Division
1099 Lakemont Drive South
Southside, Alabama 35907
Once the entitlement to Beneficiary Distribution requirements have been satisfied, a check will be distributed within five (5) business days to the appropriate address.
Thank you,
The Fallen Brother Fund Board of Directors