SECU gives $3 million to benefit pandemic response
Published 3:55 pm Saturday, January 9, 2021
The board of directors of the North Carolina Community Foundation recently announced a gift of $3 million from the State Employees’ Credit Union Foundation for the North Carolina Healing Communities Fund, NCCF’s fund to benefit COVID-19 pandemic response across the state.
The $3 million grant is comprised of two pieces: a $2 million general purpose grant, which will help NCCF provide assistance to community nonprofits through its North Carolina Healing Communities Fund, and a $1 million challenge grant, which will help NCCF raise the additional capital needed to meet the goals of the NC Healing Communities Fund.
NCCF is deeply grateful to the SECU Foundation, according to Jennifer Tolle Whiteside, NCCF CEO and president. “Our board and entire organization are profoundly thankful to the SECU Foundation for their tremendous support of the North Carolina Healing Communities Fund,” she said. “These funds will be granted to nonprofit organizations most affected by the pandemic as impacts continue to be felt across our state and communities.”
The gift will support the fund in providing critical resources for nonprofit organizations in North Carolina that have been impacted severely by COVID-19 through revenue loss and increased demand. The fund’s focus will be to support nonprofits in marginalized communities that have been disproportionately affected by the virus and its economic impacts and have been underserved by other sources of financial assistance.