Dakota Credit Union Foundation Update

Where do your donations go when you support our charitable foundation? A breakdown of money raised and disbursements last year. ​

On behalf of the Dakota Credit Union Foundation, we want to THANK YOU for your support throughout the past year. Whether it is a large donation made by your credit union or an individual donation by purchasing a raffle ticket or attending one of our fundraisers, every dollar helps us to continue to raise awareness of Dakota credit unions.

Our monetary support has been used to sponsor financial education events and financial literacy classroom programs; to provide scholarships to Dakota credit union professionals for professional development through education and certification programs, to support our local Children’s Miracle Network Hospitals, and to provide financial support to the National Credit Union Foundation’s CUAid program for credit union employees impacted by natural disasters. 

While it is impossible to measure the ripple-effect these contributions have made, our hope is that everyone reading this today will consider the greater impact we make when we work together. Every time you make a contribution to our foundation, you make a contribution to the financial well-being of our Dakota communities, making our region a healthier, happier place to live. We hope you will consider making a financial commitment to the Dakota Credit Union Foundation once again in 2023.
​
Below is a summary of income and expenditures in 2022.
 
2022 Total Money Raised $37,782

• Annual Giving dues invoices $21,550
• Summit Wine Pull $2,500
• Summit Golf – mulligans & extend-a-putt sales $1,030
• Summit 50/50 Cash Raffle $627
• Annual Golf Scramble $7,000
• Ebike Raffle $5,000
• Memorial Donation $75

 
2022 Total Disbursements $24,400

• Children’s Miracle Network Hospitals $6,000
• DakCU iLead@11 Emerging Leader Program grants $4,900
• Zogo financial education app grants $4,000
• CUNA Financial Counseling Certification (FiCEP) grants $3,000
• CUAid Hurricane Ian Relief Fund $2,000
• ND Marketplace for Kids youth financial education grant $1,000
• Junior Achievement of SD youth financial education grant $1,000
• Manager training grant for small credit union $1,000
• World Council of Credit Unions Ukraine CU Displacement Fund $1,000
• Real World Camp youth financial education – Red River Chapter $500