P.O. Box 2567, Kernersville, NC 27285-2567 • (919) 600-8219 • lwhaley@carolinasfoundation.org
Carolinas Credit Union Foundation

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Newsletter


News & Events
Disaster aid gifts announced for Hurricane Matthew recovery
As communities in the Carolinas continue with Hurricane Matthew reco ...(more)
Enter state-level CUNA Awards program now through June 30.
...(more)
Foundation Releases Spring Newsletter and 2016 Annual Report
Read more here. ...(more)
Carolinas Cup raises nearly $47,000, benefiting children locally
Read more here! ...(more)
Entertainment announced for Awards Gala at Connect 2017
Check out the lineup here! ...(more)
Application window opens for 2017-18 scholarship program
Learn more about Carolina Credit Union Foundation's Scholar Vision F ...(more)
Achievement and Partner Awards recipients announced
See therecipientsand their storieshere. ...(more)
CU industry rallies to support Disaster Relief Fund
Read more here! ...(more)
500+ apply for disaster relief grants, donations urgently needed
Over 500 people applied for disaster relief grants. Donations are ur ...(more)
12th Annual Carolinas Cup highlights
Check out the 12th Annual Carolinas Cup highlights here! ...(more)
P&P Conference Birdhouse Build for Reach
Read more about the event here! ...(more)
Grants available to CU members affected by Hurricane Matthew
Grants available to those affected by Hurricane Matthew. Find out mo ...(more)
Press Releases and News Articles
Click here for a full list of Press Releases and News View our Mar ...(more)


ABOUT US

Structure

In support of the programs and activities adopted by the Carolinas Credit Union Foundation, the Foundations Board of Directors has created several vehicles by which credit unions, credit union chapters, sponsoring credit union companies, and credit union members may support the Foundations efforts. They include the following:

General Fund: This fund has been established as a discretionary fund designed to support requests for scholarships, disaster relief projects, credit union assistance grants, children advocacy projects, and other projects adopted by the Foundation.

The Larry Johnson Trust Fund: This endowed fund is named in honor of North Carolina Credit Union League retired President Larry Johnson and is designed to provide support for the programs and operations of the Foundation.

Scholarship Fund: These endowed funds have been established by individuals, groups and credit unions to support scholarship programs and require a minimum commitment of $10,000.

Donor Advised Fund Fund: Credit unions have established these endowed funds for specific charitable purposes and a suggested minimum commitment of $10,000 is required.

Disaster Relief Fund: These funds are funded by donations to the Foundation and have been established to assist credit unions, credit union employees and volunteers, and organizations that support credit union members who were victims of disasters.

Carolinas Community Investment Fund is a vehicle where credit unions can assist the Foundation by simply investing funds in a special account with Vizo Financial Corporate Credit Union. Vizo Financial reinvests those funds in a designated account, designed specifically for the Carolinas Community Investment Fund. This investment in the Carolinas Community Investment Fund (CCIF) supports local, national and international development initiatives. 

Charitable Donation Accounts are a vehicle where credit unions can assist the Foundation by simply investing funds in a special account with Members Trust Company or CUNA Mutual Group. Funds are invested in a designated account, designed specifically for charitable giving. Credit unions can donate the earnings to the National Credit Union Foundation, Carolinas Credit Union Foundation, and any other charitable cause. To learn more about a CDA, please contact lwhaley@carolinasfoundation.org.  There are investment risks associated with this product.  Make sure that your Credit Union is well educated before engaging in this product.




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