MADISON, Wis.–The National CU Foundation is reminding that credit unions have until July 15 to apply for a Experiential Learning Grant from the Foundation (the Foundation).
Funded credit union organizations will be granted $10,000 or more as part of this effort.
The Foundation said the following experiential learning programs are those with which it has experience and that are most favored:
- Reality Fairs: Hands-on lessons 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 to 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.
Eligible applicants include credit unions, CUSOs, state credit union associations, state credit union foundations, any other organization owned or controlled by credit unions and other nonprofits. Applications will be reviewed by the Foundations’ grant committee from July 15 – Sept. 1, 2015, and grant contracts will be signed and disbursed to successful applicants on or around Oct. 1, 2015. The grant timeline will be for 12 months beginning from the date of the contract.
For info: Contact Lois Kitsch at (407) 616-2409 or lkitsch@ncuf.coop.