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Arizona's OneAZ Credit Union is putting its money where its mouth is.
Every time a member uses their debit card at the bank, OneAZ contributes 1 cent to the OneAZ Community Foundation, which in turn gives $190,000 in grants to 38 nonprofit organizations in the state, the Arizona Republic reports.
"These grants are designed to propel forward-thinking organizations that are not only envisioning but actualizing a thriving future for Arizona," says Brandon Michaels, president and CEO of OneAZ, in a press release.
To be eligible for a grant, nonprofits must be registered as a 501(c)(3) tax-exempt organization with programs that resonate with one of the Foundation's new, updated pillars of support: Economic Empowerment and Entrepreneurship: championing financial independence through initiatives in financial literacy, entrepreneurship and inclusive economic practices Community Vitality: enhancing community well-being and cultural richness through access to essential services and programs that foster unity and cultural engagement Developing Future Leaders: shaping tomorrow's leaders today through civic engagement, mentorship and comprehensive professional development
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Social Entrepreneurship
Spotlight
Social Enterprise Crafts Sweet Design
Florence Norman founded Sweet Cavanagh, an award-winning peer-led aftercare social enterprise based in Notting Hill. The company hires women and trains them how to make and design jewelry. However, these women are in the process of recovering from eating disorders and addictions.
