Donors are Catalyst for Northwest Credit Union Foundation’s Community Impact Success
Posted by Ben Shuey on July 24, 2018
Northwest credit unions have a longstanding history of generously supporting the Northwest Credit Union Foundation (NWCUF) through Fairshare and other charitable contributions.
Now, more than ever, Fairshare, the Community Investment Fund, and Friends of the Foundation donations are fueling the Foundation’s important Asset Building, Economic Empowerment, and Cooperative Development priority work. The Foundation’s mission is a compelling one: powered by a network of credit unions, NWCUF is uniquely positioned to harness and deliver resources that strengthen the financial lives of people and communities throughout the region.
“We’ve seen engagement with the Foundation increase significantly over the past few years,” said Sharee Adkins, AVP & Managing Director of the Foundation. “It’s gratifying to see credit unions experiencing the value of not only the Foundation’s professional development scholarships and credit union grants, but in its leadership with affordable workforce housing, development of a community impact reporting tool, and the modernization of financial reality fairs. It’s an exciting time for the Foundation, and we look forward to increased engagement with you, our partners.”
As a 501(c)(3) public charity, every part of the Northwest Credit Union Foundation’s work is made possible by generous donations from credit unions, individuals, regional funders and sponsors. “Every year through the dues process, we ask credit unions for their financial support — and every year we are blown away by the number of credit union members who step up,” Adkins added. “It’s really humbling and exciting to know that our credit union family believes in what we’re doing.”
Fairshare contributions currently make up the largest piece of NWCUF’s revenue, but the Foundation also is generously supported by donations from individuals, Friends of the Foundation members, and Community Investment Fund contributions. The Community Investment Fund is an opportunity for credit unions to donate a portion of the dividends earned on certain investments to the National Credit Union Foundation as well as NWCUF.
The Foundation is planning for a strong future, and a recent generous donation – as part of the merger between the Idaho Credit Union League and the Northwest Credit Union Association – will help make that future even brighter.
“We are thrilled to be working in partnership with our Idaho credit unions to help them make a difference in their communities,” said Troy Stang, President and CEO of NWCUA and President of the Foundation. “And this $500,000 contribution will jumpstart significant progress in our emerging initiatives in the coming years.”
As the Northwest Credit Union Foundation reflects up on its past and drives toward greater impact in the coming years, donors are at the heart of everything the NWCUF accomplishes.
“Not a day goes by where we aren’t humbled and grateful for our donor’s generous support and the significant impact credit unions have on the financial lives of the people and communities we serve,” Adkins said.
Your contribution to the Northwest Credit Union Foundation makes a huge difference in the financial lives of the people and communities we serve. Donate now to help us do even more.
Posted in Community Investment Fund, Donors, Fairshare, Friends of the Foundation.