Update..........

We've been in contact with a financial institution and are awaiting some guidance on how the fund can be set up and held. Also, I am seeking legal advice on whether the administration of the fund should be accomplished by forming a 501(c)(3) non-profit organization. Obviously, a single individual cannot control the funds. If so, it will take some work to get a 501(c)(3) in place.

We are also working with the company to try and get some type of voluntary payroll deduction in place. We've also suggested donating vacation time as well.

This could turn into a long lasting fund that could protect in the future as well.

If anyone has any constructive advice, please pass it on.