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CU System
Ohio foundation awards 207000 in grants for 08
COLUMBUS, Ohio (1/23/09)--The Ohio Credit Union Foundation (OCUF) awarded more than $207,000 in grants in 2008 to assist credit unions, communities and individuals statewide. Last year, the foundation received a record $249,000 in contributions. It also received grant applications for programs and initiatives with wider scopes and larger scales (eLumination Newsletter Jan. 21). Fifteen grants totaling $92,000 were awarded for financial education, and five grants worth $44,000 were given for modest-means outreach initiatives. Noteworthy projects included:
* Funds for Ohio’s first Credit Union Community Center; * A “reality day” for 300 students; * A credit union CEO simulation program; and * About 740 bus passes to help individuals attend medical appointments, employment opportunities, and social-service agency visits.
Last year, 39 professional development grants totaling $48,000 helped train credit union employees, members and volunteers. Also, $10,000 in disaster relief helped credit union employees, members and volunteers impacted by Midwest floods and Hurricane Ike. For 2009, the foundation’s board of trustees established a $260,000 fundraising goal and a $250,000 grant-making goal.
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