For nearly 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 collaborative opportunities to enrich our communities. 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.
Current Donor Advised Funds
Your credit union can provide financial assistance in times of hardship.
Current Hardship Funds
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
Lets 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.