BISMARCK, N.D. (11/25/13)--The Credit Union Foundation of the Dakotas recently awarded three financial literacy grants and made a donation to local community foundation.
Rural Offices of Community Services, Lake Andes, S.D., and Interlake's Community Action Partnership, Madison, S.D. received $750 financial literacy grants. Junior Achievement of South Dakota, Sioux Falls, received a $1,250 financial literacy grant.
The Rural Offices of Community Services and the Interlake's Community Action Partnership will be use the awarded funds to support their local Volunteer Income Tax Assistance programs supporting the elderly as well as low- to moderate-income families with free tax preparation assistance. Foundation funds will also support the classroom programs offered by Junior Achievement throughout the state of South Dakota.
The foundation also made a $500 donation to the Black Hills Community Foundation to help local ranchers who lost cattle in early heavy snows the Dakota plains were hit with in October. Highmark FCU, Rapid City, led the local effort to collect funds for ranchers.
The Credit Union Foundation of the Dakotas is funded by participating North and South Dakota credit unions. It funds projects in the areas of access to financial services, financial education, savings and asset accumulation, and small credit union development.