On Thursday evening, May 26th, Coastal Federal Credit Union Foundation hosted and sponsored a one-of-a-kind inaugural event - Power of Sharing - highlighting the efforts several nonprofits make in the Triangle. Coastal’s business partners in the community and the Foundation gave $275,000 in charitable contributions to organizations that continue to make a significant difference in our communities. Award Recipients were:
Business Partner Awards
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Recipient
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Award
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Sponsor
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Future Farmers of America (FFA)
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$50,000
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BASF
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Girls on the Run
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$25,000
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Quintiles
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Global Health Connections International
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$25,000
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AT&T
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Kramden Institute
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$25,000
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Lenovo
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YMCA of Durham
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$25,000
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BCBS of North Carolina
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Collaborative Award for Projects That Inspire Education
East Durham Children’s Initiative $20,000
The Walking Classroom $ 5,000
Collaborative Award for Projects That Help Alleviate Food Insecurity
SEEDS $20,000
Alice Aycock Poe Center $ 5,000
The Coastal Award for Projects That Help the Financially Vulnerable
Youth Villages $65,000
Families Together $10,000
Additionally, each awarded organization also received an IBM Impact Grant allowing for their leadership to attend IBM’s “Becoming a Leader of Change” intensive workshop valued at $10,000.
The Power of Sharing Gala was created to bring different business partners together to demonstrate their commitment to bettering their communities through a collaborative funding forum. The goal was to recognize the tremendous impact our local non-profits are making throughout the community.
“The Power of Sharing was formed in the spirit of giving,” says Coastal Federal Credit Union CEO, Chuck Purvis. “Our Foundation sought like-minded organizations to partner with us to not only make this event unique in nature, but to also collaborate together to truly change lives at the root cause of the issues many in our community face today. The awards handed out last evening reflect that and will undoubtedly help each organization make more of an impact than they already do.”
Partners included in last night’s awards were: AT&T, BASF, BCBS, IBM, Lenovo, and Quintiles. Entertainment was provided by Durham-based organization, KidzNotes as well as six-time Grammy Nominee and Jazz Singer, Nnenna Freelon. Catering was provided by the Angus Barn.
For more information on The Power of Sharing Gala, please visit www.thepowerofsharinggala.org.
Please visit Coastal24TV on YouTube for the Power of Sharing Playlist to see videos of the finalists and award winners.