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News Now

CU System
Ohio foundation awarded 41 grants in 2010 for 169K
COLUMBUS, Ohio (2/8/11)--The Ohio Credit Union Foundation awarded 41 grants, totaling $169,000, to assist credit unions, communities and individuals across Ohio in 2010 (eLumination Newsletter Jan. 26). Among the projects were:
* Funds for an online reality day program; * Two "reality day" events that served more than 1,000 high school students; * Three student-run credit unions; * Twenty-five professional development grants totaling $38,000 to help credit union staff and volunteers receive training; and * Nearly $25,000 in disaster relief to help credit union employees, volunteers and members affected by earthquakes in Haiti and Chile and a tornado in Northwest Ohio.
For 2011, the foundation's board of trustees set a $173,000 fundraising goal and a $177,000 grantmaking goal. Recently the foundation awarded a $5,000 disaster relief grant to the World Council of Credit Unions for the Disaster Relief Fund for Australia to provide immediate relief to Australian credit union staff and members affected by torrential rains, described as the worst in Australian history. Several credit union branches were forced to close or relocate.


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