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CU System
CO-OP Miracle Match raises 3M for Kids hospitals
RANCHO CUCAMONGA, Calif. (2/17/11)--In a year of ongoing difficult economic conditions, credit unions participating in the CO-OP Miracle Match program raised more than $3 million in Credit Unions for Kids fundraisers in 2010, a 20% increase compared with 2009. “The credit union spirit of people-helping-people is something that continues to thrive even during tough financial times,” said Stan Hollen, president/CEO of CO-OP Financial Services, and a member of the Children’s Miracle Network’s board of governors. Participating credit unions raised more than $2 million for Children’s Miracle Network in 2010, with the total exceeding $3 million when combined with CO-OP Miracle Match funds. This represents an increase of $500,000 compared with the previous year. Also, 26 new events took place in 2010, a 30% increase over 2009. The Austin Chapter of Credit Unions raised the most money during two events it held in support of Dell Children’s Medical Center of Central Texas. A golf tournament raised $212,395 and a raffle, $150,000. St. Louis Community CU raised $131,500 during a dance marathon to support St. Louis Children’s Hospital. These events received $25,000 in CO-OP Miracle Match funds to add to their charitable contributions. During the 2009 program year, the top fundraising credit union produced $45,000 in funds, added to which was $10,000 in CO-OP Miracle Match funds. Mountain America CU, West Jordan, Utah, raised $100,000 plus $20,000 in CO-OP Miracle Match funds for Primary Children’s Medical Center in Salt Lake City with its Swing for the Kids Golf Tournament. Also, a bowl-a-thon held by Randolph-Brooks FCU, Live Oak, Texas, raised $59,980 and received $11,996 in CO-OP Miracle Match funds to support CHRISTUS Santa Rosa Children’s Hospital in San Antonio. CO-OP Miracle Match is managed by CO-OP Financial Services on behalf of its 3,000 member credit unions. The program awards $1 million in matching funds annually for Credit Unions for Kids events, proceeds of which go to local children’s hospitals in the Children’s Miracle Network. The credit union industry is currently the third-largest contributor to Children’s Miracle Network. Matching funds through this program are available now to credit unions planning events in 2011. Children’s Miracle Network changed its name earlier this year to Children’s Miracle Network Hospitals.
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