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News Now

CU System
CUs raise 9.3M for childrens hospitals in 08
SALT LAKE CITY (5/28/09)--Credit Unions for Kids, a credit union industry effort to raise money for Children’s Miracle Network, contributed $9,322,827 to children’s hospitals in 2008, making it the third largest fundraising sponsor for the charity. “Credit Unions for Kids increased their fundraising efforts by 16% over 2007, which, in light of the current economy, demonstrates the credit union industry’s resiliency and also their exemplary commitment to philanthropy during these hard times,” said Joe Dearborn, Children’s Miracle Network senior director. Credit Unions for Kids raises money for 170 Children’s Miracle Network hospitals nationwide. The events and amounts raised were:
* The Credit Union Cherry Blossom Ten Mile Run, $1 million; * Tampa Bay Area Credit Unions Golf Tournament, $330,000; * Desert Schools FCU Golf Tournament, $221,000; * Hank & Moose Golf Tournament, $220,000; * Oregon and Southwest Washington Credit Unions for Kids Wine Auction, $205,000; and * California/Nevada Credit Unions for Kids Wine Auction, $190,000.
The CO-OP Financial Services Miracle Match program also saw more than 70 credit unions and their respective hospitals benefit from matching funds. The credit unions raised more than $1 million, with CO-OP matching $520,000 to bring their contribution to more than $1.5 million. The top five markets for raising the most money include: Portland, Ore.; Phoenix; Washington, D.C.; Austin, Texas; and San Antonio. The top 10 states that raised the most money are:
* Texas; * Oregon; * California; * Arizona; * Wisconsin; * Washington, D.C.; * Florida; * Georgia; * Washington; and * Utah.


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