Credit Union employees pledge more than $129,000 to local nonprofits

  • Friday, February 7, 2014

Nonprofit organizations were presented checks for the respective amounts donated by the South Carolina Federal Credit Union Foundation.

N. CHARLESTON – South Carolina Federal Credit Union employees pledged $129,453 to 10 local nonprofits and South Carolina Federal’s Employee Relief Fund.

The South Carolina Federal Credit Union Foundation, an initiative started in 2012 to streamline the credit union’s fundraising process and provide a Life Simplified™ method for employees to allocate and track tax-deductible donations, handled the pledges. Nonprofits, and the local communities they serve, will directly benefit from the dollars employees pledged through the Foundation and matched by South Carolina Federal.

The ten nonprofit partners include; American Red Cross: Carolina Lowcountry Chapter, American Red Cross: Columbia Region, Lowcountry Food Bank, Lowcountry Orphan Relief, MUSC Children’s Hospital, Palmetto Health Children’s Hospital, Trident United Way, United Way of the Midlands, Georgetown County United Way and Water Missions International. Additionally, employees had the option to give to South Carolina Federal’s Employee Relief Fund, which provides financial assistance to employees who have experienced a catastrophic event.

In its first giving year, 2013, the Foundation raised just over $125,000. In addition to the monetary contributions, employees have the opportunity to volunteer with South Carolina Federal’s various nonprofit partners, allowing the credit union to make a more significant impact to these charities and our communities.

“It’s incredible to see the generosity of our staff,” said Scott Woods, President and CEO, South Carolina Federal, “but when you can see the shift those dollars and hours make in these nonprofits and for our community – that’s astounding.”

The employee-run Foundation honored nonprofit recipients with a check presentation held at the credit union.


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