TL;DR
MOD Pizza has unveiled a limited-edition Squad Cake to support its Mod Squads nationwide, with proceeds going to the company's Bridge Fund, which has provided over $1,000,000 in emergency grants to Squad members in need. The Bridge Fund was established in 2015 and is fueled by voluntary paycheck contributions from MOD employees, store events, and donations.
MOD’s “Bridge Fund” to date has provided emergency grants of over $1,000,000 to Squad members in need. The Squad Cake will be available while supplies last at all 490+ MOD locations across the U.S.
and Canada.
The Bridge Fund was started six years ago when a group of employees pooled money together to surprise and replace a fellow Squad member’s stolen bike – his only mode of transportation to work. Established as an official company fund in 2015, the Bridge Fund provides grants to Squad members struggling with an unexpected crisis, and is fueled by voluntary paycheck contributions from MOD employees, store events and generous donations. MOD Squad members can confidentially apply for grants* at any time during their employment.
“Once we understood the many ongoing and inspiring ways our Squads supported each other in times of crisis, we got to work and created the Bridge Fund. What began organically, is now an important symbol of MOD’s commitment to service and generosity. MOD exists to serve people and it all starts with taking care of the MOD Squad,” said Ally Svenson, MOD co-founder and chief purpose officer. “Of course, this year the need for crisis relief is greater than ever. We hope that as customers enjoy this special little cake that tastes so good, they’ll appreciate knowing it’s also doing good!”
- Applications for grants are evaluated using a specific criteria and funds are issued based on need. The MOD Bridge Fund supports employees of MOD Super Fast Pizza Holdings, LLC. MOD franchisees have individual employee crisis funds.
In this story
This story was originally published in Franchising.com on November 13, 2020. Burnaze summarizes and links to the original reporting.
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