BOULDER, Colo.– Premier Members Credit Union has awarded $50,000 via high school senior scholarships and nonprofit grants.
“The need in our communities continues to rise as they rely on important services like education, mental and physical healthcare, basic human needs and rights, and the arts, as well as ongoing support of our veteran community,” Jeffrey Kash, AVP-community relations, said in a statement. “This celebration event and community investment in our grantee and scholars is just one part of our ‘Premier Gives Pillar,’ which just last year provided over 2,800 hours of community outreach donated by our employees, and over $491,000 in financial community outreach support and investment.
In the second year of its application-based grant program, nonprofit organizations applied for a $5,000 grant. With 55 applications this year, the credit union reported an increase of 37% increase in applications this year.
Among those granted funds: Colorado Kids Create, Face-to-Face Colorado, Hope Connection and Community, Longmont Food Rescue and Sam Di Paolo American Legion Post 1985.
Among those receiving scholarships: Abigail Bensler, Aidan Gover, Ena Gibson, Rachael Schmidt and Srisahanaa Chandramohan.
“By utilizing an online application for nonprofit organizations, we have stronger impacts in our communities because it opens our giving program to more organizations,” Premier Members said.
It added there is a three-year limit in the giving program so Premier Members will be able to contribute to more organizations, it will impact and support smaller nonprofits as they must have an operating budget under $1 million and will allow it to amplify their work.