UW Credit Union Celebrates the Season of Giving, Wraps 2019 with More Than $1 Million in Donations to Benefit Branch Communities
Milwaukee, WI – December 18, 2019 – UW Credit Union lent more than a hand to Madison and Milwaukee communities this year. The member-owned, not-for-profit financial institution is capping off 2019 with a record $1 Million in donations to support higher education, financial stability and literacy.
“We look for focused giving opportunities that drive lasting improvements in the communities we serve; that’s why many of the funds are part of multi-year commitments.” said Paul Kundert, UW Credit Union CEO and president. “From working with the United Way to create a stable housing environment to supporting first-generation college students through the Boys and Girls Club, we know that change doesn’t happen overnight. We’re proud to be a longstanding partner to such deserving organizations.”
Because UW Credit Union is committed to the causes that its members and employees are passionate about, employees are integral to annual giving efforts, contributing 1,300 volunteer hours in 2019. Earlier this month, UW Credit Union’s Internet Services department volunteered to be part of Maydm’s Innovation Studio Session in Madison to inspire youth and girls of color to learn tech-based skills.
“The gift of time and talent speaks volumes,” said Calley Mannion, Maydm Program Implementation Lead. “Professional role models are critical to empowering young people to become makers of technology. We’re beyond grateful to UW Credit Union, a leader in the technology sector, for their generosity and positive influence.”
UW Credit Union’s primary* 2019 contributions:
- Community Foundation Endowment Fund – UW Credit Union made its single largest investment to date –$500,000 to its endowment fund housed at the Madison Community Foundation. The support is a catalyst to future funding; it supports the attainment of higher education and financial stability in Milwaukee, Madison, and all UW-system colleges.
- United Way of Dane County– UW Credit Union contributed a total of $408,132, including:
- A $150,000 donation to the United Way affordable housing fund
- $75,000 to support the organization’s Education Agenda for Change, creating more high school graduates and preparing them for higher education, career and community
- A $183,132 unrestricted contribution, raised via matched employee pledges through UW Credit Union’s Annual Giving Campaign
- University of Wisconsin–Milwaukee - UW Credit Union pledged a $100,000 donation over three years to their Life Impact Program, a renewable scholarship. Funds will help disadvantaged adult students with children achieve significantly higher graduation rates, along with their first career job. $33,000 was contributed in 2019.
- Boys and Girls Club of Greater Milwaukee – This month UW Credit Union pledged $75,000 to their Graduation Plus program to foster economic independence for students. In addition to helping to earn a college degree, resources include academic advising, paid internships, college tours, career planning and more. Since program inception, 436 scholars have graduated from college; 95 percent of them were first generation college students from low income areas. Half of the committed funds, $37,500 was provided in 2019.
- Riverwest Food Pantry – UW Credit Union joined the Riverwest Food Pantry’s “Community of Generosity” this month with a $25,000 donation focused on eviction prevention and access to healthy food choices. Each year, Riverwest Food Pantry helps 20 households find stable housing.
- Community Shares Wisconsin - UW Credit Union donated $36,000 to this regional coalition to address leading social, economic and environmental problems in Wisconsin through grassroots advocacy and public education. $2,000 was unique to Milwaukee county.
- Madison College Foundation –UW Credit Union donated $25,000 in 2019 (year two of a two-year campaign) to help fund the completion of the Madison College Goodman South Campus. Academic courses will focus on STEM, as well as business, marketing and entrepreneurship.
- Literacy Network – UW Credit Union donated $20,000 (2019 is year two of a three-year, $60,000 commitment) to assist low-income residents of Dane County with reading, writing, communication and computer skills.
- United Way Greater Milwaukee and Waukesha County - $10,500 was donated to mobilize people and resources to drive strategic impact in health, education, and financial stability.
To build employee participation and engagement, UW Credit Union regularly sponsors earned time off drawings, treat trolleys, raffles, cook-offs and movie outings. The company urges community members throughout Wisconsin to explore ways that they can make a difference this holiday season and beyond.
*Other, smaller donations are not detailed but are reflected in grand totals.
About UW Credit Union
UW Credit Union is a growing, federally insured financial institution and a leading provider of a full range of financial services to University of Wisconsin communities. UW Credit Union's over 700 employees serve the financial needs of more than 270,000 members through world-class technology systems, and through a convenient network of 28 branch locations and over 100 ATMs. With assets of $3.3 billion, UW Credit Union is ranked nationally among the leading credit unions. Founded more than 85 years ago by members of the University of Wisconsin community, UW Credit Union continues to operate as a not-for-profit, member-owned financial cooperative with locations in the Madison, Milwaukee, Stevens Point, Green Bay, Oshkosh, Whitewater and La Crosse areas.