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- EIN 39-1383650
- (608) 231-4398
- 5710 Mineral Point Rd Madison WI 53705-4454 USA
- www.ncuf.coop
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Nonprofit Overview
Causes: Financial Counseling, Human Services, International, International Relief, Philanthropy, Private Grantmaking Foundations
Mission: The national credit union foundation (the foundation) is the primary national philanthropic program provider, fundraiser, and grant-maker for america's approximately 5,800 credit unions serving approximately 110 million members. The foundation's mission is "making financial freedom achievable through credit unions. " through the foundation's grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, builto work as "a catalyst to improve people's financial lives through credit unions. " through foundation grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, build assets, and own homes.
Programs: Disaster relief - through the national credit union's disaster relief fund & cuaid initiative, the foundation assisted more than 2,000 credit union volunteers, members and staff critical needs after being affected by numerous disasters in 2017. The national credit union foundation distributed more than $2,000,000 in disaster relief grant assistance, through and in collaboration with state leagues and foundations, to those impacted by natural disasters in texas, puerto rico, california, florida and michigan.
development education (de) - de is a 7-day full immersion program that focuses on a melding of the international operating principles of credit unions and 12 global development issues (i. E. Health, housing, access to credit, savings mobilization, appropriate technology, income generation, education, employment, women in development, environment, democratic institutions and hunger) to build a transformational learning experience for our participants. During the week, trainees delve into the history and philosophy of credit unions, they visit non-financial cooperatives to learn how the cooperative principles are used, they "live the life of a family living in poverty" through a life simulation and mystery shop credit unions, banks and alternative financial providers. All this is added to dynamic speakers, tons of group work and final presentations makes it a memorable experience for all. Since the program's inception more than 1800 credit union professionals have achieved the de certification and used this new knowledge to increase financial services to members and complete community and global service projects. In 2017, we trained more than 150 individuals.
community outreach and grant making - the national credit union foundation funds the efforts of credit unions, and other non-profit organizations to help improve people's financial lives. This includes grant funding of products and initiatives to help consumers of all ages have access to needed products and services, impactful wealth building strategies and progressive financial education programs. Grant funding is allotted to advance innovative ways of incorporating biz kid$ into a credit unions financial well-being efforts for kids. In addition, the foundation funds efforts to measure and quantify the financial well-being efforts of credit unions to demonstrate impact on consumers. Over the past eleven years, the foundation has granted over $37,500,000 to credit unions and other organizations. Almost $8. 5 million in disaster relief grants have been distributed since 2004.
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