SACRAMENTO, Calif. (12/20/13)--Golden 1 CU, Sacramento, Calif., awarded $368,400 in grants last week to 21 nonprofit organizations in the Sacramento/Central Valley region to support literacy and foster youth programs.
| In the inaugural year of its community grant program, Golden 1 CU, Sacramento, Calif., awarded $368,400 in funding to 21 nonprofit organizations to support literacy and foster youth programs in California. Surrounded by students at Aspire Capitol Academy, Scott Ingram, back row, middle, vice president of Golden 1 CU, presents a $24,800 check to Katie McCleary, back row, third from left, executive director and principal of 916 Ink. (Photo provided by Golden 1 CU.)|
"We have always been committed to helping people achieve their dreams," said Donna Bland, president/CEO of $8.2 billion-asset Golden 1 CU. "We advocate for our members by providing the services they need to get ahead, and our grants support the underserved by providing the financial assistance nonprofits need to create a positive impact in our communities."
The Golden 1 CU Community Grant Program, implemented this fall with funding disbursements sent this month, supports programs that provide assistance to young adults emancipated from the state's foster care system and literacy programs that help students develop reading skills.
To celebrate 80 years of service this year, Golden 1 CU also introduced the Golden 1 CU Scholarship program, to provide scholarships totaling $312,000 in renewable financial assistance to 33 students attending California colleges and universities.
Golden 1 also donated $52,500 to local food banks this holiday season and provided thousands more in donations to the United Way and Children's Miracle Network.
Combined, this year Golden 1 CU provided nearly $750,000 in financial support to individuals and organizations in the communities it serves.