Foundations Give $90,000 Back to NW Credit Unions, Causes

Many of these funds went to support educational opportunities such as the Western CUNA Management School and disaster relief following storms in the Southern U.S.

The Oregon and Washington Credit Union Foundations awarded over $90,000 back to Northwest credit unions and their causes during the first cycle of 2011, in keeping with the mandates to promote financial independence and credit union development.

“With today’s economic climate and the growing demand for limited resources, it makes sense for our foundations to support causes that help our credit unions on a national and international scale,” said Oregon Credit Union Foundation Executive Director Danielle Brown.

Many of these funds went to support educational opportunities such as the Western CUNA Management School. Sixteen professionals from Oregon and Washington received grants to attend the two-week program in Pomona, Calif., which has become a rite of passage for many executives in the Northwest.

“It is both our goal and mission as a Foundation to continue to provide service and support to our credit union community,” noted Washington Credit Union Foundation Executive Director RoxAnne Kruger. “Through such fundraising mechanisms as the Community Investment Fund and Fairshare contributions, we are able to provide funding for community outreach grants as well as to those who are looking to continue their professional development in the credit union system”

The two foundations, which recently announced their intentions to merge, responded to the tornado devastation in the South by giving $7,500 to the disaster relief efforts.

The foundations also awarded $12,500 in both small credit union development and Northwest Legacy grants to foster sustainable programs to grow memberships, and to create opportunity for the world’s working poor through the World Council of Credit Unions.

They also passed through more than $790,000 in support of CU for Kids, which gives money to children’s hospitals like Doernbecher Children’s Hospital, Seattle Children’s, Sacred Heart Medical Center, and Rogue Valley Medical Center.

 

Questions? Contact Foundation Development Associate Josalyn Alston: 206.340.4814, [email protected].