CO-OP Financial Services to match CMN funds
CO-OP Financial Services Creates $1 Million Matching Funds Program For Children’s Miracle Network
New Community-Focused Program Expands CO-OP’s Annual Contributions to Nearly $2 Million for the Charity
On behalf of Children’s Miracle Network, CO-OP Financial Services has created a $1 million matching funds program to encourage credit unions to participate in local fundraisers, according to CO-OP President/CEO Stan Hollen.
“CO-OP is always looking for innovative ways to assist Children’s Miracle Network and Credit Unions for Kids,” says Hollen. “By matching credit union contributions at the local level, we hope to create new fundraising opportunities for CMN children’s hospitals and see our annual $1 million donation multiply.”
Children’s Miracle Network is a non-profit organization dedicated to saving and improving the lives of children by raising funds for children’s hospitals. Each year the 170 Children’s Miracle Network hospitals provide medical care, life-saving research and preventative education to help millions of kids overcome diseases and injuries of every kind.
The Miracle Match Program has two distinct goals:
* Encourage credit unions to expand or develop a partnership with their local Children’s Miracle Network hospitals in an effort to raise new, incremental dollars.
* Substantially grow CO-OP’s $1 million dollar investment to help children’s hospitals serve an even greater number of sick and injured children.
Miracle Match Parameters
New events/activities or current events/activities that aren’t presently supported by CO-OP are open for the Miracle Match Program. The Miracle Match Program excludes existing events already receiving CO-OP support. Credit unions are eligible to receive one match per calendar year. (Credit unions with branches in multiple markets are eligible for one match per market.) Funds raised for Children’s Miracle Network will initially be matched dollar for dollar up to $10,000. Any fundraising effort exceeding $10,000 will be matched as follows:
* CO-OP will match $10,000 for funds raised between $10,000 - $49,999.
* CO-OP will match 20% of the total funds raised for amounts of $25,000+ (up to $25,000 matched).
Match will be determined based on the net proceeds to the hospital from the event/activity.
Entering its third year as the national corporate sponsor for the Children’s Miracle Network “Champions Across America” program, CO-OP sought to expand the dollars they already donate to stimulate new credit union giving for the organization. In addition to “Champions,” CO-OP runs two annual golf tournament fundraisers, sponsors dozens of additional credit union events around the country, participates in an employee giving program and a percentage of each CO-OP Network ATM transaction is donated to Children’s Miracle Network hospitals every year.
“The credit union movement and Children’s Miracle Network are guided by the same cooperative spirit and tradition of ‘people helping people,’ and CO-OP is proud to annually contribute nearly $2 million to such a worthy cause,” says Hollen. “The 17 million kids being treated at the hospitals have been confronted by more adversity in their short lives than most people will ever encounter. It’s an honor to be the largest credit union system contributor within a movement that has contributed more than $50 million to CMN through the years.”
Go to the CO-OP Miracle Match page for details and downloads.