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CU System
N.Y. foundation grants total 100000 in 2009
ALBANY, N.Y. (2/1/10)--The New York Credit Union Foundation awarded 90 grants for a combined total of $99,922 last year. The majority of the grants, 57 totaling $34,148, were Professional Development grants awarded to credit unions for participating in education and training programs.
Click to view larger image Kathy Getz, manager and chief operating officer of Sweet Home FCU, Buffalo, N.Y., is pictured with the credit union’s new security system. Sweet Home purchased the system with a grant from the New York Credit Union Foundation. (Photo provided by the New York Credit Union Foundation)
Seventeen Financial Fitness grants totaling $26,774 went to credit unions to improve their member services through the purchase of items such as computer equipment and software, security systems and loan processing modules. Underwriting support for the national Biz Kid$ television series and a REAL Solutions initiative to educate credit unions about youth outreach, coordinated by the Credit Union Association of New York in partnership with the Filene Institute, was provided by two of five Organizational grants awarded to entities. They totaled $24,250. The remaining $14,750 in Smart Money grants were awarded to 11 credit unions for financial education programs that increased or improved access to financial services. Some of the programs include: Financial Literacy Training, Money $marts in East Harlem Workshop Series, Moneywise for Life Program, High School Finance Forum, and Volunteer Income Tax Assistance (VITA) Inner City Outreach and Rural Outreach.


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