Foundation Update

Highmark FCU receives Zogo grant; Vacation Sweepstakes is progressing nicely; and Foundation Golf Scramble is set for August 16 in Fargo.  

​by Shawn Marie Brummer, Communications Specialist 

The Dakota Credit Union Foundation held a virtual meeting on Wednesday, April 26. During that meeting, the board of directors approved a $1,000 grant to Highmark FCU (Rapid City, SD) for the Zogo financial education app. Last year, the Foundation awarded four Zogo grants; this is the first of 2023. Highmark plans to hold a soft launch for their staff, followed by a full membership launch sometime this summer.

Longtime board member, Jane Duerre, announced that the April meeting will be her last meeting, as she is retiring as CEO of Norstar FCU. The board truly appreciates her years of service. Always the first to raise her hand when volunteers were sought, we will miss her positive engagement, and wish her well as she begins a new chapter. This means that there is now an open board seat to represent Central South Dakota. (If you are interested in serving on the board, please contact Shawn Brummer for a nomination form.) 

A review of the Foundation Vacation Sweepstakes shows that this fundraiser is progressing very well. The Foundation has received $2,455 in donations from credit unions, CEOs, and other donors to help fund the purchase prize cost of $5,000. (There is still time to make a donation this way if you would like to contribute, click here.)

In addition, sweepstakes entries have brought in $6,150 so far! The goal for this fundraiser is $10,000 and the contest will remain open until 7:00 p.m. on Wednesday, May 10 when the drawing will be held in front of the live crowd at the Summit Awards Banquet. If you haven’t yet entered the sweepstakes, you can do so here.

During the Summit Golf Outing registration on May 9, volunteers from the Foundation Board will be selling mulligans and extend-a-putts with all proceeds benefiting the Foundation. Mulligans can be purchased for $5 each with a limit of two per person; extend-a-putt ribbons will be $20 each with one per team allowed.

In other news, the Foundation Annual Golf Scramble has been set for Wednesday, August 16 at the Rose Creek Golf Course in Fargo. Stay tuned for additional information coming soon; but please mark your calendars now and save the date! As always, the Dakota Credit Union Foundation thanks you for your continued support.

The purpose of our charitable Foundation is to enhance and advance the communities we serve through cooperative financial support. We achieve this by awarding community impact grants and monetary awards to projects and individuals that help improve the financial health of our credit union members. 

Financial awards provided by the Foundation can be used for professional education, or to purchase tools and other resources that help individuals achieve financial health, financial freedom, and also support our goal of “financial well-being for all.” 

Grants are carefully reviewed and voted upon at monthly Foundation meetings. Credit unions, CU Chapters, and credit union professionals may submit grant applications at any time by using the fillable PDF found here. If you have any questions about the grant process, please contact Shawn Brummer.