ALBANY, N.Y.–CAP COM Federal Credit Union and its charitable giving arm, the CAP COM Cares Foundation, have announced the launch of the 2018 BIG Benefit Raffle. Twice a year the credit union runs a two-month campaign where a maximum of 4,000 raffle tickets are sold. Tickets are open to both members and non-members of the credit union and are sold for $25 each. This year’s Spring Raffle will run through May 2nd or when tickets sell out.
The BIG Benefit Raffle will raise a grand total of $100,000 and the funds are distributed in three ways. $21,000 will be awarded to eight community winners for large cash prizes between $1,000 and $10,000. $10,000 will be awarded to the 2018 beneficiary, YWCA of the Greater Capital Region, and the remaining $69,000 will all be distributed to year-round foundation funding to CAP COM’s more than 100 community partners.
“Picking YWCA-GCR as the 2018 beneficiary helps tell a story with members when they purchase their raffle tickets at branches, while allowing CAP COM to share the great work of some of their community pillars and partners,” the credit union said. “Sharing that impact story puts a tangible cause in front of the members. The $10,000 will support YWCA-GCR’s Centennial Celebration Building Fund “100 Challenge” for their beautiful nearly 100-year-old building to continue to be a source of support, hope and empowerment for women and families in our community.”
CAP COM Community Relations Manager, Amanda Goyer said, “We are thrilled to partner with the YWCA-GCR to help them continue to deliver crucial services that are life-changing for individuals in our Region. The YWCA’s programs create impact that last. They help women and children get back on their feet and stay on their feet so they can sustain a productive lifestyle. The longevity of the YWCA’s impact is so important, and one of the reasons why the CAP COM Cares Foundation feels so strongly about getting behind their mission.”