RALEIGH, N.C.–The Coastal Credit Union Foundation and a number of business partners have awarded $1.5 million in charitable grants and in-kind giving to organizations that its aid are making a significant impact in its communities. The funds were announced during the Foundation’s fourth annual event, “The Power of Sharing Gala,” which highlights efforts of area nonprofits.
Among those receiving funds, along with the sponsor providing the funds, including the NC FOunation for Public School Children (AT&T); MANRRS: Minorities in Agriculture, Natural Resources and Related Sciences (BASF); Pretty in Pink Foundation (Blue Cross Blue Shield of NC); Boys & Girls Clubs of North Central NC (Duke Energy), and United States Veterans Corp (Lenovo).
“A major part of the Power of Sharing Gala is the collaboration between local companies,” the Foundation said. “AT&T, BASF, Blue Cross Blue Shield of NC, Fidelity Investments, Lenovo and the Coastal Credit Union Foundation brought resources together to make the lives of those who live and work in our communities better.”
In total, sixty-thousand dollars was donated to the following organizations:
The Collaborative Award for Projects That Inspire Education:
· The Forge Initiative ($25,000)
· Communities in Schools of Wake County ($5,000)
The Collaborativive Awards for Projects That Help the Financially Vulnerable:
· InterAct ($25,000)
· Habitat for Humanity of Durham ($5,000)
The Coastal Credit Union Foundation itself recognized four organizations, with Game Changer grants. Each award went to an organization for whom the grant would help them make a significantly larger impact. Recipients included:
· Durham Collaborative to End Family Homelessness ($80,000)
· Michael’s Angels Girls Club ($30,000)
· Raleigh Area Land Trust ($30,000)
· Emily Krzyzewski Center ($30,000)
Two individual awards were also given. Pam Kohl, executive director of Susan G. Komen North Carolina Triangle to the Coast, was honored with a Lifetime Achievement Award. The award was presented by Debra Morgan, who herself was then surprised with the Non-profit Appreciation Award recognizing her work in supporting various Triangle organizations.
Coastal CU said the Power of Sharing was created by the Coastal Credit Union Foundation in 2016 to bring different business partners together to demonstrate their commitment to bettering their communities through a collaborative funding forum.
The event took place at the Crabtree Valley Marriott in Raleigh.