Monday, July 6, 2009

CUs for Kids had huge impact, report says

SALT LAKE CITY (7/6/09)--Credit Unions for Kids has issued an impact report showing credit unions' contributions over the years to Children's Miracle Network hospitals.

Credit Unions for Kids ranks third behind Wal-Mart and Costco for corporate giving at Children's Miracle Network. The credit unions raised a record $9.3 million in 2008--a 17% increase over 2007, according to Joe Dearborn, Children's Miracle Network senior director.

More than 170 Children's Miracle Network hospitals benefit from Credit Unions for Kids' contributions, which have increased annually. In 1996, the organization raised $1.5 million. This amount was more than tripled in 2000 with donations of $4.9 million. In 2005, Credit Unions for Kids raised $6.3 million, bringing the total amount of money raised from 1996 to 2008 to about $73 million.

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Courtesy of cuna.org

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