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Disaster Relief Fund Donations
The New York Credit Union Foundation is a proud supporter of CU Aid, Credit Unions’ Direct Disaster Relief Fundraising System.
What is CU Aid?
CU Aid is the first national online giving center for credit unions. All CU Aid contributions are directed to the National Credit Union Foundation Disaster Relief Fund.
What is the National Credit Union Foundation Disaster Relief Fund?In times of disaster, the National Credit Union Foundation (NCUF) raises and distributes funds to aid the affected region of the credit union movement including credit unions, credit union employees and credit union members, leagues and other credit union organizations
How will my contribution to the NCUF Disaster Relief Fund be used?
- Critical needs
- Longer-term recovery needs
- Reasonable operational needs
- Assisting credit union members
How does NCUF keep track of funds that are spent?
Individual grantees (credit union employees and members), while submitting their applications, must sign a statement to certify the dollar value of un-recovered losses to their homes, structures and personal belongings, and any other hardships to themselves and/or their families as a result of the disaster.
Institutional grantees (credit unions, state foundations, leagues and other trade associations) are required to report to NCUF to detail how their grant funds were spent.
Is my contribution to the NCUF Disaster Relief Fund tax deductible?
Yes. NCUF is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. Therefore, financial contributions may be eligible charitable deductions for federal income tax purposes. NCUF encourages all donors to check with a tax professional.
Thank you New York State credit unionists for supporting disaster relief efforts and putting the "people helping people" philosophy into action.
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