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News Now

CU System
Utah CU Foundation gives more than $44k to schools
SALT LAKE CITY (3/6/14)--Nearly two dozen schools across Utah were awarded grant funding recently thanks to the 100% for Kids Credit Union Education Foundation, an organization formed by the Utah Credit Union Association to help schools expand and enhance in-house programs and resources.  
 
This quarter, the foundation spread more than $44,000 among 13 districts and 21 schools. The funding will pay for supplies for core curriculum, according to Liz White, the foundation's director.
 
"We review several grant applications each quarter, looking for those that will impact the greatest number of students in the greatest possible way," White said.
 
Thanks to Granite FCU, Salt Lake City, one school received a double-dose of help.
 
Newly constructed Neil Armstrong Academy, a school just outside of Salt Lake City that emphasizes "STEM" curriculum--or science, technology engineering and math skills--received $2,500 for books, science equipment, musical instruments and iPads from 100% for Kids.
 
Granite decided to match that amount.
 
"As a credit union firmly rooted in education, Granite jumped at the opportunity to assist the Neil Armstrong Academy and their unique approach to learning," said Garrett Laws, marketing manager for the $338 million-asset credit union.
 
Thus far, 100% for Kids has donated more than $5 million to Utah schools. The funding is given directly to teachers for use in their classrooms.


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