Programs
Future Fund Initiative
IN 2024, THE FUTURE FUND (THE FUND) WAS ESTABLISHED TO ENSURE THE LONG-TERM STRENGTH AND SUSTAINABILITY OF THE COALITION IN FULFILLING ITS MISSION TO SERVE THE CREDIT UNION INDUSTRY. IN ADDITION TO SUPPORTING THE COALITION'S PROGRAMS AND PROVIDING AN OPERATING RESERVE, THE FUND IS DESIGNATED TO ENHANCE AND BRING SCALE TO THREE PILLARS OF THE COALITION'S COMMITMENT TO CHANGE INITIATIVE. THE FUND IS STRUCTURED TO BENEFIT FROM INVESTMENT RETURNS, ENABLING THE CREDIT UNION SYSTEM TO SUPPORT THE COALITION THROUGH STRATEGIC INVESTMENT OPPORTUNITIES. CREDIT UNIONS AND OTHER SUPPORTERS MAY PARTICIPATE BY OPENING A CERTIFICATE OF DEPOSIT OR A CHARITABLE DONATION ACCOUNT (CDA) WITH ONE OF THE FUND'S STRATEGIC PARTNERS, NATIONAL COOPERATIVE BANK (NCB), ALM FIRST OR TRUSTAGE FINANCIAL GROUP, INC. (TRUSTAGE).DONORS MAY OPEN A CERTIFICATE OF DEPOSIT ACCOUNT WITH NCB AND CONTRIBUTE A SPECIFIED PERCENTAGE OF THE INTEREST EARNED TO SUPPORT THE COALITION. ALM FIRST AND TRUSTAGE OFFER CHARITABLE DONATION ACCOUNTS TO CREDIT UNION INVESTORS. CDA ASSETS ARE HELD IN SEGREGATED CUSTODIAL ACCOUNTS AND A MINIMUM OF 51% OF EACH CDA'S TOTAL RETURN MUST BE DISTRIBUTED TO THE COALITION. THE FUTURE FUND COMMITTEE REVIEWS AND APPROVES THE DISTRIBUTION ON A QUARTERLY BASIS.GeographiesNot indicatedDatesJan 1, 2024 – Dec 31, 2024Source990No causes providedNo populations provided–$103.9KDEI Leadership Academy
THE DEI LEADERSHIP ACADEMY WAS ESTABLISHED FOR FINANCIAL PROFESSIONALS AND IS DESIGNED TO INSPIRE AND EMPOWER FINANCIAL PROFESSIONALS TO LEAD WITH A MINDSET OF DIVERSITY, EQUITY, AND INCLUSION TO BETTER REPRESENT AND SERVE THE GLOBAL COMMUNITIES WE SERVE.GeographiesNot indicatedDatesJan 1, 2024 – Dec 31, 2024Source990No causes providedNo populations provided–$45.4KInternship and Mentorship Conferences
CONFERENCES WERE HELD DURING THE YEAR TO PROMOTE INTERNSHIP AND MENTORSHIP PROGRAMS AND TO CREATE OPPORTUNITIES FOR VARIOUS CREDIT UNIONS AND CREDIT UNION PROVIDERS TO MEET AND WORK WITH ONE ANOTHER.GeographiesNot indicatedDatesJan 1, 2024 – Dec 31, 2024Source990No causes providedNo populations provided–$471.3K
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