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CU System
RMJ Foundation celebrates half-century mark
RANCHO CUCAMONGA, Calif. (7/29/08)--The Richard Myles Johnson (RMJ) Foundation is celebrating 50 years of supporting financial education and is looking ahead to promoting youth financial education and scholarship programs for credit union staff and volunteers. In the coming months, the RMJ Foundation will be busy with:
* RMJ/WesCorp Golf Classic, Aug. 25, Dana Point, Calif.; * Credit Union Train, which will make its annual voyage through the Garden Railroad of the Los Angeles County Fair Sept. 5-28; * The Golden 1 Leadership Scholars Program, which offers scholarships to current or future CEOs of credit unions up to $300 million in assets to attend leadership development programs; and * The Beacon Awards Gala Reception, Nov. 4, San Francisco. The awards honor those who promote the principles of the credit union movement through education.
The RMJ Foundation also is partnering with USA Today to deliver the newspaper’s Choice is Power financial literacy program to 55 schools in California and Nevada. The foundation distributed about $60,000 in community service grants this year, including:
* A grant to Community Trust CU, Modesto, Calif., to support its financial literacy program for at-risk, low-income youth in Palo Alto; * A grant to Jones Methodist Church CU, San Francisco, to continue its Financial Boot Camp for youth; * Help to launch a partnership between eight Northern California credit unions and the San Francisco Unified School District establish a multi-lingual, multicultural credit union-based financial literacy program in the school district.
The foundation provided more than $40,000 in scholarships to credit union staff and volunteers to attend educational seminars and conferences, and $24,000 to those attending Western CUNA Management School this summer. The RMJ Foundation was formed in 1958 as the California Filene Educational Foundation by 30 California credit union pioneers. In 2000, the foundation was named after Richard Myles Johnson, retired CEO of Western Corporate FCU. In 2005, it focused on youth financial literacy and has helped to fund the Biz Kid$ television series.
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