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Ent Federal Credit Union, Colorado Springs, Colo., awarded its 2009 Youth Endowment Series grants to 17 local nonprofit organizations. The Youth Endowment Series program was established in 2000 and provides grants to organizations that benefit young people. Since its start, the program has provided $370,000 in grants to local organizations. This year, 44 local organizations applied for the grants. Applications were evaluated by a panel of volunteer employees on the organizations general benefit to the community, potential ability to use the Ent grant to obtain additional funds and degree of current community support. Holy Rosary Credit Union, Rochester, N.H., raised money for the Cocheco Valley Humane Society by selling its old computers to staff, family and friends. The credit union’s IT department decided to upgrade employee computers and sell the old ones to benefit the local animal shelter. The credit union raised $525 through the sale. First Community Credit Union of Beloit, Beloit, Wis., made a $2,000 donation to the Monroe Emergency Response Interagency Training Center. The funds were raised by firefighters referring community members to the credit union. For each mortgage that was originated up to a $200 donation was made to the MERIT Center.

Peter Westerman

Credit Union Times

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