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News Now

CU System
Record giving marks Washington foundations year
FEDERAL WAY, Wash. (1/10/08)--The Washington Credit Union Foundation (WCUF) disbursed a record amount of nearly $230,000 in grants and scholarships to credit unions and their community partners during 2007. Grant dollars from the 501(c) 3 organization supported national and state-level financial literacy projects, small credit union development needs, broad community outreach efforts, professional development needs and disaster relief. In addition to contributing $75,000 in national underwriting toward the financial literacy television series Biz Kid$, WCUF has dedicated in-kind resources to provide long-term national management to the project. Biz Kid$ began airing this month on PBS stations nationwide. “A key goal of our foundation is to help Washington’s credit unions better consumers’ lives through innovative community outreach and consumer financial education programs, along with operational grants for small credit unions,” said Roxanne Kruger, WCUF executive director. “Projects related to these areas received $127,515 in grant funds.” Nearly 100 credit union employees, volunteers and management staff were awarded a combined $91,500 by WCUF for professional enrichment, including $31,000 for credit union professionals to attend CUNA Management schools. Also, $10,000 in disaster relief grants that were awarded by WCUF supported recovery efforts after the Peruvian earthquake and the Southern California wildfires last year.


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