Press

Langley Federal Credit Union announces new foundation to focus charitable giving on local family issues

NEWPORT NEWS, VA (December 8, 2014) — Langley Federal Credit Union has formed the Langley for Families Foundation to establish focused charitable giving on family issues in the Greater Hampton Roads area. The Foundation will operate outside of the Credit Union’s existing charitable giving structure and will complement the organization’s continued charitable giving efforts. The Foundation will concentrate on supporting organizations that serve the needs of families. Specific ‘areas of focus’ will include healthcare, housing and human services, safety and security, and more. The Foundation will be self-funded and run solely by a volunteer Board of Directors as a 501c(3) thereby maximizing dollars distributed in the community.
“Langley has a long and storied history of community involvement and charitable giving,” stated Langley VP of Marketing Randy Saltzman. “The Foundation will serve both the short  and long term needs of the community with an eye towards distributing funds to worthy non-profit organizations that support causes defined by our Mission and Areas of Focus. We are excited to get started and are keenly focused on helping families not only survive, but thrive.”
Monies will be raised through various fundraising activities during the year. Eligibility for funds will be determined in part by a non-profit’s impact on families in the local community, and whether the non-profit fits the Mission and Areas of Focus of the Foundation.
The first major fundraising event will take place on Friday, December 5 from 4 pm to 8 pm at Langley Federal Credit Union’s City Center corporate headquarters where the Foundation will host a “Visit with Santa” at Hollydazzle. A $5 donation will be requested with all proceeds to benefit the Foundation.
For more information on the Langley for Families Foundation, visit www.langleyforfamilies.org. To make a donation, please mail a check made out to the Langley For Families Foundation to: The Langley For Families Foundation Attn: Chairman, M. Kuhn, P.O. Box 120128, Newport News, VA 23612-0128.
Langley Federal Credit Union serves over 207,000 members and has more than $1.9 billion in assets, ranking the financial cooperative as one of the 100 largest credit unions in the country. Located in Hampton Roads, Langley has 17 branches and has served the community for more than 78 years.

More News