The Selfreliance Foundation
The Selfreliance Foundation was established in 2005 to separate the financial activities of the Selfreliance Federal Credit Union (SFCU) from its philanthropic involvement. The Selfreliance Foundation is funded by Selfreliance FCU from its profits, which are generated by its members taking advantage of the financial services that the Credit Union provides.
Over the years that Selfreliance Foundation has been actively supporting community organizations, the Foundation is proud to have distributed over $5,860,000 in donations to a vast array of churches, community and cultural organizations, museums, schools, youth organizations and the like. The donations have enabled these institutions and our Ukrainian Diaspora communities to continue their activities and to flourish. Assets of the Selfreliance Foundation have grown to $14.9 million.
The Selfreliance Foundation meets regularly to review written requests for donations. To streamline the application review process, the Selfreliance Foundation has instituted new donation application guidelines, effective January 1, 2020. These guidelines will ensure that donation decisions are equitable and consistent with the mission statement of Selfreliance FCU, which is to create a caring environment for its members and to preserve and maintain the viability of their Ukrainian Diaspora communities. Financial resources are used in a way that best serves Selfreliance FCU membership.
DONATION ELIGIBILITY REQUIREMENTS
OUR DONATION REQUEST GUIDELINES HAVE CHANGED AS OF JANUARY 1, 2020!
To apply for Selfreliance Foundation support, the following requirements must be met:
- The donation request must come from an organization that has tax exempt 501(c)3 status;
- The organization should serve the Ukrainian Diaspora community in the areas where Selfreliance FCU has branches;
- The project or public/community event should fulfill a relevant need of the Ukrainian Diaspora community and must benefit the Ukrainian-American community at large;
- For donation requests in excess of $5,000, a detailed budget of projected expenses and revenues associated with the project or public/community event must be included.