Alliant Credit Union Foundation Officially Launches Operations
August 24, 2009 | Alliant Credit Union
Alliant Credit Union Foundation donated approximately $200,000 to various charities and educational organizations in line with its mission during 2010, announced Foundation Chairman and Alliant Credit Union CEO David W. Mooney. The 501c3 not-for-profit Foundation, which began operations in 2009, was established through a $4 million grant from Alliant Credit Union. Both the Foundation and credit union are based near Chicago’s O’Hare International Airport.
Mr. Mooney said, “The purpose of the foundation is to promote economic empowerment and self-sufficiency of people, especially in the communities where Alliant Credit Union members and employees live and work.” Causes eligible for Foundation financial support include: 1) Those related to education with an emphasis on financial literacy; 2) Charities helping those in need of assistance; 3) Investment in community development projects and programs, especially those in underserved areas.
Major Foundation beneficiaries in 2010 include Operation HOPE, a national organization that promotes financial literacy and economic opportunity, Orphan Foundation of America, which helps former foster children become successful adults, Hadley School for the Blind, educator of blind and visually impaired people, serving more than 10,000 students annually in all 50 states and 100 countries, and Haiti Earthquake Relief, via a special $10 to $1 Matching Donation Program with Alliant Credit Union employees.
For the second straight year, the Foundation provided financial support to Operation North Pole Fantasy Flights, sponsored by United Airlines employee related charities. Foundation grants help pay for holiday gifts and festivities at airports held for children with life threatening illnesses. Event locations include O’Hare, along with international airports in Denver, Los Angeles, San Francisco, Washington DC and Phoenix.
Foundation donations also purchased school supplies and reading books for students of Prescott Elementary School, Alliant Credit Union’s partner in the Chicago Public Schools Corporate Partnership Program. A number of health care and humanitarian organizations also received Foundation grants including: Breast Cancer Network of Strength, Juvenile Diabetes Research Foundation, American Red Cross and more.
In addition, there’s a Matching Donations Program, whereby the Foundation matches Alliant Credit Union employees’ charitable donations up to $200 per year. “We look forward to making additional contributions and providing support to charitable organizations and other causes that help enhance the quality of life in communities we serve,” Mooney added. For more information about Alliant Credit Union Foundation, visit: www.alliantcreditunionfoundation.org.
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