“To promote the development of challenged credit unions in Minnesota through assistance and education, and to support the greater charitable and educational social mission of the credit union Movement.”
There are several ways to contribute to the Minnesota Credit Union Foundation. The Foundation accepts personal and corporate contributions at various levels. You can also honor your colleagues, friends and loved ones by making an Honorarium or Memorial contribution. Another way to contribute to the Foundation is by investing in the National Credit Union Foundation’s Community Investment Fund (CIF).
To find out more about these programs
or to make a contribution, click here.
The Minnesota Credit Union Foundation
Board meets on at least a quarterly basis to consider grant requests.
Decisions are based, in part, on the financial need of the applicant and
how the request fits within the Foundation's mission of promoting the
development of challenged credit unions through assistance and education
and supporting the greater social mission of the credit union Movement.
The Foundation board considers grant requests on a first-come, first-served
basis and may also consider the availability of other funding sources
in making grant decisions.
Those interested in requesting a grant from the Foundation must submit
a completed Foundation Application and current financial statements. Applicants
are also encouraged to submit additional supporting documentation to demonstrate
financial need and/or how the grant would fit within the Foundation's
mission.
Click here to visit the Foundation Application section.
Small Credit Union Grant Program
The Foundation is offering $25,000 in grants for small credit unions to use for professional development. These grants can be used for conferences, training, or anything else that will grow the skills of the credit union professional or volunteer. Immediate approval will be given if the following criteria are met:
- The request is for $500 or less;
- The credit union has less than $25 million in assets as of Dec. 31, 2007;
- The credit union has less than $35,000 in net income for the calendar year of 2007
- The credit union has received fewer than two MnCUF grants in the calendar year of 2008; and
- The function is on
a topic(s) that pertains to the attendee’s position as a credit
union professional or volunteer
All small credit unions are encouraged to apply for the grant, and requests of all dollar amounts are encouraged. If one or more of the above criteria are not met, the request will be passed onto the Foundation Board for approval. Click here to visit the Application section.
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Credit Unions for
Kids is a collaboration of credit unions, chapters, leagues and business
partners engaged in fundraising activities to benefit Children’s
Miracle Network affiliate hospitals. All money raised through Minnesota’s
Credit Unions for Kids program supports Gillette Children’s
Specialty Healthcare, helping kids with disabilities and chronic conditions.
Gillette is based in St. Paul, with clinics located around the state.
Credit Unions for Kids is a national program. Minnesota CUFK raised
$128,624 in 2007. Click
here for information on the national CUFK program.
Contribution
form
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The Minnesota Family Involvement Council is a group of credit union professionals and volunteers dedicated to enhancing the future of the credit union Movement by promoting financial awareness, financial education and full-family involvement in Minnesota credit unions. The FIC conducts an annual scholarship program, awarding funds to Minnesota credit union members and their families, and works on a variety of initiatives throughout the year. |
The Minnesota Credit Union Foundation is governed by a five-member board of directors from credit unions across Minnesota. The five directors below were elected on June 27, 2008, to serve a one-year term.
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Kristi Mukomela,
Chair Novation Credit Union, Oakdale kmukomela@novation.org |
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Lynn Kothe, Vice Chair North Memorial Federal Credit Union, Robbinsdale lkothe@visi.com |
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Judy Root, Secretary/Treasurer Bluestone Federal Credit Union, Eagan j.root@bluestonefcu.org |
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Chuck Albrecht Mid-Minnesota Federal Credit Union, Brainerd calbrecht@mmfcu.org |
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Mary Hansen Mayo Employees Federal Credit Union, Rochester hansen.mary16@mayo.edu |
