RALEIGH, N.C.–Local Government FCU and Civic FCU said they have created a capacity-building partnership to launch the Local Foundation of North Carolina.
The two credit unions, which are closely related, said they plan to invest in local communities through the Foundation by partnering with existing organizations to make the greatest impact. The CUs added the new entity aligns with the mission of both organizations.
The new foundation reported it has identified several funding opportunities, including the community grant program that will support North Carolina local community charities and nonprofits focused on bridging gaps in health care, housing, human services and hunger. Each community grant may be worth up to $25,000 for recipient organizations.
“Local Foundation of NC aligns with our commitment to improve the lives of our members and our neighbors,” said Mark Caverly, president of the $3-billion Local Government FCU. “When we support local nonprofits that help meet the crucial daily needs of our neighbors, we build a better future for all of us.”
‘Strengthens Us All’
Added Dwayne Naylor, president of the $69 million Civic Federal Credit Union, “The Local Foundation amplifies Civic’s investment in communities across North Carolina. Our deep commitment to service and collaboration with carefully chosen partners strengthens us all, while our shared values build ever-stronger connections for the benefit of North Carolina citizens and nonprofit organizations.”
Jazmine Kilpatrick has been named executive director of the Local Foundation of NC. “Our mission focuses on those right here in communities in our home state and aims to impact neighbors who have needs that can be addressed right away,” said Kilpatrick. “The Foundation is a perfect illustration of the “People helping people” philosophy, and I am honored to be a part of the results that will be made possible through this new endeavor.”
Additional information can be found at localfoundationnc.org.