For more than 30 years, the Carolinas Credit Union Foundation has served as a partner in philanthropy to credit unions, with a mission to empower and inspire credit unions in the Carolinas through collaboration and philanthropic leadership. Our fund management services allow credit unions, chapters and our business partners an opportunity to streamline charitable giving. Whether creating a Foundation to support your community, ensuring your employee’s financial health, providing scholarships or accepting donations for fundraising events, the Foundation’s fund management services can be your resource!
Resources for Credit Unions
A donor advised fund benefits the community and your credit union.
If your credit union is considering its own foundation, a Donor Advised Fund offers significant benefits and is an excellent way to carry out your charitable wishes. A Carolinas Credit Union Foundation Donor Advised Fund gives your credit union the flexibility of its own foundation without the task of starting and managing a private foundation.
A Carolinas Credit Union Foundation Donor Advised Fund offers many of the advantages of a private foundation without the initial set-up costs, ongoing excise taxes, and administrative expenses. By working with the Carolinas Credit Union Foundation, your credit union will avoid the continued compliance and reporting requirements as well as a separate accounting system to track your nonprofit’s financials.
With a Donor Advised Fund you can simplify and improve your credit union’s charitable giving because donors including both individuals and organizations) can leverage the tax deductibility of donations.
Click here to download the Donor Advised Fund Handbook.
As an advisor, please click here to submit your secure grant recommendation form.
Current Donor Advised Funds
Allegacy FCU Foundation
CARO Impact Project
Civic Foundation *
Coastal CU Foundation *
Duke University FCU
Greenville FCU Foundation
MTC FCU Foundation
Palmetto Citizens FCU Foundation*
REV #UpTheGood Foundation
Skyla FCU Foundation
SPC Cares Foundation
Spero Financial HOPE Fund
Truliant FCU Foundation
* now a separate 501(c)(3)
* managed accounting services, a separate 501(c)(3)
Your credit union can provide financial assistance in times of hardship.
Current Hardship Funds
Allegacy Employee Relief
Carolina Foothills Employee Relief
Champion CU Employee Hardship
Champion CU Member Hardship
Duke Univ. FCU Hardship
Founders Employee Relief
Palmetto Staff Assistance
SAFE Community Relief
Skyla Cares Employee Hardship
SPC Cares – Down Payment Assistance
SPC Member Relief
Spero Love
Summit Cares
Truliant FCU Employee Relief
Vizo Financial Employee Relief
Support your members’ educational future.
The Carolinas Credit Union Foundation’s Scholarship Fund Management Program, which is comprised of a collection of funds from individual credit unions, was established to help credit union members in North and South Carolina with higher education expenses. By partnering with the Foundation, all communications to applicants and disbursement of funds to schools is handled. Credit unions are able to use the Foundation’s secure online application and judging portal but can also elect to use its own application.
All scholarship applicants are also eligible for consideration by the Carolinas Foundation for its academic and needs-based scholarships, including credit union employees. In total, more than $500,000 in scholarship funds are disbursed each year by the Foundation on behalf of credit unions across the Carolinas. The scholarship cycle runs from October to the beginning of February each year. For more information and resources for applicants, visit the Foundation’s Scholarship Resources Center.
Resources for Credit Unions
Current Scholarship Funds
Acclaim FCU’s Ed Thomas Community Service
Allegacy FCU
Blue Flame CU
Bragg Mutual FCU
Carolina Foothills FCU
Carolina Trust FCU Community Service & Legacy
Carolinas Telco FCU Legacy
Champion CU A. Roland Leatherwood Memorial
Civic FCU
Coastal CU
Cooperative Council of the Carolinas’
Jim Graham Leadership
Curis Financial CU
Greenville FCU
Lion’s Share FCU
Members Credit Union’s Betty Stevenson & General
MTC FCU
Neighbors United FCU
Palmetto Citizens FCU
Piedmont Advantage CU
Revity FCU
SAFE FCU
Sharonview Team Phil Abrams & Sharonview CARES Paul Paliyenko
Skyla CU’s Herman Hoose
SPC CU
Summit Credit Union’s Elizabeth Hamilton
Telco Community CU
Truliant FCU’s Fred Sarda & Clyde Padgett
Vision Financial
Let us help with your fundraising events.
Working with chapters, credit unions and business partners, the Carolinas Credit Union Foundation is assisting with the coordination of fundraising events across the Carolinas to support our local non-profits.
Current Fundraising Funds
Carolinas Cup
Carolinas CUDE Network
Carolinas Clay Classic
SC Sister Society
Tarheel Chapter Fund
Upstate SC CUs Annual Giving Campaign
Professional and Development Grant Funds
Carolinas CUDE Scholarship
CUsTogether Conference
Eric Stiff Heart of Service Scholarship
Hamilton Professional Development Grants
Hamilton INSPIRE Scholarship
INSPIRE Emerging Leaders Scholarship
NC CU Division’s Rod Caviness
Philanthropy Summit
Vizo Financial Empowerment Grants