HARRISBURG, Pa. (12/19/13)--The Pennsylvania Credit Union Foundation board approved eight grants valued at $36,034 in its latest board meeting, held Tuesday, the Pennsylvania Credit Union Association said.
The board also approved its 2014 budget, which includes $242,200 in revenues; $92,200 in operating expenses; and $150,000 in non-operating expenses (Life is a Highway
Board Chairman Michael Kaczenski welcomed Patrick Conway, new president/CEO of PCUA, as an ex-officio to the foundation board.
"The credit union philosophy and social mission of the movement were key attractions to my joining PCUA," said Conway. "As this was my first foundation board meeting, I was truly impressed with the dedication of the board and the great work the foundation does to promote financial literacy and help the underserved."
In other actions, the board:
- Acknowledged 2013 contributions from PCUA ($5,000), Pacul Services Inc. ($5,000), and Pennsylvania Credit Union Service Centers ($1,000);
- Agreed to hold a strategic planning session on fundraising and other related issues in 2014; and
- Received details on a PCUA team's recent visit to Haiti to evaluate the capacity of credit unions to assist the Haitian people.