Foundation Announces Grants for Local Community Organizations

The Coastal Credit Union Foundation announced today that it has granted $78,000 to five community organizations in central North Carolina.

“As a Cooperative, Coastal Credit Union has a philanthropic arm, the Coastal Credit Union Foundation,” said Emily Nail, Executive Director of the Coastal Foundation. “Our Foundation strives to help solve problems around financial well-being and affordable housing in the communities we serve.  We are able to do this by funding requests from non-profit organizations in our service territory.  We also support their efforts with Coastal Credit Union employee volunteer hours.” 

The Foundation’s grantees for the second quarter of 2023 include: 

• Refugee Community Partnership $10K
• Housing for New Hope $40K
• Triangle South Literacy Works $5k
• Southeast Raleigh Community Learning Center $13K
• Benevolence Farm $10K

The Coastal Credit Union Foundation focuses on funding projects in four key areas: promoting financial well-being, increasing affordable housing, supporting financial education, and improving access to resources. Year to date, the Foundation has contributed $150,000 to 10 community organizations.