The Cornerstone Credit Union Foundation is the charitable arm of the Cornerstone Credit Union League. Its Executive Director Courtney Moran says the Foundation is well positioned to empower people to improve their financial well-being by focusing on three key initiatives: financial education, professional development and disaster relief.
“Everything we do is based on our commitment to make a difference in people’s lives,” Moran says. “We accomplish this in many different ways, from professional development grants for credit union employees to community outreach grants to support our credit unions and their efforts to solve a social issue in their community. We also use emergency relief grants to help credit union employees get back on their feet after a natural disaster, so they can get back to doing what they do best – serving their members and community.”
George Esquivel, board chairman of the Texas Workforce CU, believes the Foundation is an integral part of the credit union movement.
“Believing in enhancing the economic future of members, the Foundation assists in opening doors that otherwise might not be available to small credit unions through education and training,” Esquivel tells the Leaguer. “It is because of the Foundation that a small credit union like ours is able to pursue training and leadership growth opportunities, so that we can in turn do our part to strengthen the credit union movement whose philosophy is working for people, not for profit.”
To illustrate just how much the Foundation means to the Texas Workforce CU, its board of directors took a “selfie” with a Foundation poster at their August board meeting.
Moran notes that the Foundation could not accomplish all that it does without the support of credit unions, corporate sponsorships, Community Investment Fund investors, Credit Union Resources, and others. She also acknowledges the exceptional leadership and guidance that the Foundation Board of Trustees provides.
“It is because of this support that we were able to award $384,490 in grants in 2013, and more than 188,600 in grants thus far in 2014,” adds Moran.