MADISON, Wis. (7/23/13)--The Wisconsin credit union system raised more than a half million dollars for Children's Miracle Network Hospitals in 2012. The $542,919 went to the hospitals nearest the area where the funds were raised, said the Wisconsin Credit Union League.
Wisconsin credit unions accounted for slightly more half of that success. Chapters accounted for about 10% of the total (theleague.coop July 19).
CUNA Mutual Group, with $137,000, provided the largest support from a system partner. Also, the company has separately donated upwards of $500,000 to the charity since 2005 through its local support of a hospital-run kindergarten-readiness program in Dane County. CUNA Mutual also contributes to other states' totals through sponsorship contributions.
CO-OP Financial Services was the next-largest giver in Wisconsin among system partners, with $35,000 contributed. CO-OP also matches funds raised by credit unions that apply for a match before they conduct their fundraisers. In 2012, more than $3 million was raised nationwide through the match-up program.
Credit Union Miracle Day, a run in Washington, D.C., raised the rest of Wisconsin's 2012 fundraising total.
Wisconsin ranked fifth in the nation for credit union support of the charity. The top states for credit union fundraising were California and Texas, each raising more than $1 million in 2012, followed by Florida at $860,000 and Arizona at $554,944.
Credit unions support Children's Miracle Network Hospitals through Credit Unions for Kids, and are the third-largest corporate sponsor of the hospitals, behind only Walmart and Costco, the league said. The effort helps children regardless of their families' ability to pay.
Funds raised help support new facilities, equipment, research programs, patient services, special patient needs and health education programs benefiting 17 million children annually.