Editor's Note: Since this story was filed, the Worldwide Foundation has reported an event at the World Credit Union Conference has pushed Project Stormbreak past its $100,000 fundraising goal. CUToday.info will have additional coverage.
PARADISE ISLAND, Bahamas—Project Storm Break, a new annual campaign to establish a forward-prepared disaster fund created by the Worldwide Foundation for Credit Unions, reported it has now raised $60,000 toward its $100,000 goal.
Mike Reuter, executive director of the Worldwide Foundation, made the announcement during the WOCCU’s World Credit Union Conference here.
“This is all thanks to tremendously generous individuals. But our work is not done, and we need your help,” Reuter told the meeting.
With Project Storm Break, the Worldwide Foundation—the international and charitable arm of World Council of Credit Unions—is seeking to establish a reserve fund of $100,000 that can be tapped to help impacted credit unions in the immediate aftermath of a natural disaster. It’s the first time the foundation is proactively asking for donations from individuals and institutions.
The organization said credit union disaster relief response has always been a core pillar of purpose for the Worldwide Foundation, and that since 2015, relief efforts have raised more than $350,000 to assist credit unions responding to disasters in Nepal, Ecuador, Dominica and Puerto Rico.
Donations can be made on the Project Storm Break campaign page or by texting the keyword “STORMBREAK” to 44-321.