The Minnesota Credit Union Foundation is a 501(c)3 public charity, focused on financial education. The Foundation’s mission is to provide the resources for credit unions and communities to prosper and thrive.
There are several ways to contribute to the Minnesota Credit Union Foundation. All Foundation donors receive:
- Recognition in Foundation and Minnesota Credit Union Network (MnCUN) publications that list donors;
- Recognition on the Foundation Donors page along with a link to the contributor’s website;
- Recognition at various Foundation and MnCUN events; and
- Priority notification of Foundation events and opportunities to get involved.
General Fund Contributions
All contributions to the Foundation general fund go to support its grant-making in the areas of financial education, professional development, disaster relief and other projects/initiatives that fit within the Foundation’s mission.
The Foundation accepts personal and corporate contributions at the following levels:
- Up to $249=Friend
* Honorarium and Memoriam contributions of $1,000 or more qualify for the Credit Union Builder Award
Honorarium and Memoriam contributions may be made at any level to pay tribute to someone special. The Foundation accepts these contributions at all times of the year in honor of an anniversary, retirement, or other personal milestone, or in memory of colleagues, friends or loved ones. Contributors will receive a “thank you” and an acknowledgement will be sent to the honoree, or in the case of a memorial, a designated family member. Contributions of $1,000 or more qualify for the Credit Union Builder Award.
The Minnesota Credit Union Foundation, Inc., St. Paul, Minn., is a tax-exempt 501(c)(3) organization. For tax purposes, your contribution may be tax-deductible.
Credit Union Builder Award
The Minnesota Credit Union Foundation created the Credit Union Builder Award in 2008 to allow credit unions and organizations to make contributions in honor of or in memory of a significant individual who has been instrumental in their success. Contributions are typically made at a special time of significance, upon retirement, or upon the individual’s passing. For contributions of $1,000 or more, the honoree’s name will be added to a plaque displayed at the Minnesota Credit Union Network office in St. Paul.
Community Investment Fund (CIF)
Credit unions can contribute to the Minnesota Credit Union Foundation by investing in the National Credit Union Foundation’s (NCUF’s) Community Investment Fund (CIF). Through the CIF, investing credit unions receive 50 percent of the return, and the remaining 50 percent is split evenly between the MnCUF and the NCUF.
In 2013 the Minnesota Credit Union Foundation introduced Foundation Fridays to raise money and raise awareness of the Foundation and its committees – Minnesota Credit Unions for Kids (MnCU4Kids) and the Minnesota Family Involvement Council (FIC). Contributions made through this collaborative fundraiser will support financial education, college scholarships, and the Gillette Children’s Hospital.