Press
Deadline approaching for Foundation’s Experiential Learning Grant applications
Last day to submit is July 15th
MADISON, WI (June 29, 2015) — Credit union organizations have until July 15, 2015 to apply for a Experiential Learning Grant from the National Credit Union Foundation (the Foundation). Funded credit union organizations will be granted $10,000 or more as part of this effort.
The full call for proposals and grant application can be found here or by visiting ncuf.coop>how we help>grants.
What the Grants Fund
The following experiential learning programs are ones that the Foundation has had experience with and are favored:
- Reality Fairs– A hands-on financial literacy experience for high school students to learn some of the financial challenges they will face when they start life on their own.
- Retirement Fairs– In cooperation with CUNA Mutual Group, the “Route Your Retirement” program has been created, which assists credit union members and staff better prepare for retirement.
- Life Simulations– Also known as “Poverty Simulations”, this experience is designed to help credit union employees, volunteers, and leaders begin to understand what it might be like to live in a typical low-income family trying to survive from month the month.
Eligibility Requirements
Eligible applicants include credit unions, CUSO’s, state credit union associations, state credit union foundations, any other organization owned or controlled by credit unions and other nonprofits.
Grant Timeline
Applications will be reviewed by the Foundations’ Grant Committee from July 15 – September 1, 2015, and grant contracts will be signed and disbursed to successful applicants on or around October 1, 2015. The grant timeline will be for 12 months beginning from the date of the contract.
Questions about experiential learning programs or the grant process can be directed to Lois Kitsch at (407) 616-2409 or lkitsch@ncuf.coop.
About the National Credit Union Foundation (ncuf.coop):
The National Credit Union Foundation (the Foundation) is the charitable arm of the U.S. credit union movement and works 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. Donations to the Foundation enable credit unions to help their members reach life-changing goals and achieve financial freedom.
The National Credit Union Foundation is a 501(c)(3) tax-exempt charitable organization. The Foundation continues to earn the Better Business Bureau seal of approval as an “Accredited Charity” for meeting all 20 BBB Wise Giving Alliance Standards for national charities.