AMessagefromtheChair|BoardofDirectors
TheFoundation’sMission
FinancialEducation
EducationalProgramming
GrantPrograms
GrantWinners
ScholarshipPrograms
ScholarshipWinners
AnnualDonorFund
FoundationPartners
FinancialPerformance GetInvolved
WisconsinCreditUnionFoundation2023ImpactReport 1
It’sanexcitingtimeforTheWisconsinCreditUnionFoundation,and2023wasnoexception!Overthepastyearourimpact hascontinuedtogrow;wedistributedachart-topping$135,500ingrants,$11,000inscholarships,andlaunchedournew InclusionFundGranthelpingcreditunionsreachunservedandunrepresentedcommunitiesinWisconsin.AsThe Foundationbeginsitsseventeenthyear,it’salsoworthcelebratingthatwehavenowprovidednearly$1.8millionin financialeducation,grants,scholarships,anddisasterassistancesinceourinception,includingover100grantstopromote thewellnessofcreditunionsandthecommunitiestheyserve—whatamilestone!
IamhonoredtobeyournewChairandamlookingforwardtowhatthefuturehasinstoreforourcontinuedmission.In 2024,wearealreadylookingtoexpandourExploringWhy®programandaddadditionalcontenttoourCommunity Development&FinancialEducationWorkshop—andthat’sjustthestart.Asalways,wearegratefulforyoursupportand commitmenttoTheFoundation.
LisaPalma,Chairperson
BlackhawkCommunityCreditUnion Janesville
WisconsinCreditUnionFoundation
LoraBenrud,Vice-Chairperson
WESTconsinCreditUnion Menomonie
ShellyMellenberger,Secretary PCMCreditUnion GreenBay
JamiOlcott,Director
MarathonCountyEmployeesCreditUnion Wausau
BrettThompson,Director
TheWisconsinCreditUnionLeague Madison
ChrisFelton,Treasurer
CorporateCentralCreditUnion Muskego
BrandonRiechers,Director
RoyalCreditUnion EauClaire
JoshRoberts,FoundationLiaison
TheWisconsinCreditUnionLeague Madison
LisaPalma BoardChairperson
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$990,422
Fundsusedtoimprovefinancial educationacrossWisconsinthrough financialliteracyinitiatives.
$586,416
Over100recipientshavebeenableto leveragegrantfundstopromotecredit uniondevelopment.
$133,071 Scholarshipshavebeenawardedto morethan70creditunion professionalstoadvancetheircareerin theCreditUnionMovement.
$53,184
TheFoundationhasprovideddisaster assistancetoTheMovementintimes ofneed.
Establishedin2007,TheWisconsinCreditUnion Foundation(TheFoundation)isa501(c)(3)non-profit organizationthatpromotesthewellnessofcreditunions andthecommunitiestheyserve.
TheFoundation'sresourcesareusedtopromotecredit uniondevelopment,helpeducatecreditunionstaffand volunteers,supportprogrammingtoenhancefinancial literacy,andassistthecreditunionsystemintimesof need.
$1.76million
TheFoundation’sinvestmentin financialwellnessacrossWisconsin sinceinceptionin2007.
2023
Report 3
WisconsinCreditUnionFoundation
Impact
Over $31,000
TheFoundation’sinvestmentin2023 tosupportFinancialEducation throughoutthestate.
FiCEP
TheFoundation,inpartnershipwithAmerica’sCredit UnionsandCUDifference,facilitatedtheeighthyear ofFiCEP,whichhelpedanadditional23participants earntheirCertifiedCreditUnionFinancialCounselor (CCUFC)designation,andmorethan23recertified.
Over250creditunionprofessionals,representing morethan50creditunions,haveparticipatedin FiCEPtodate.TheFoundationfinanciallysupports theFiCEPprogramandsignificantlydefraysthecost ofthisprogramforourcreditunions.
BiteofReality®
TheFoundationhaspartneredwiththeRichard MylesJohnsonFoundationtoofferBiteofReality® freeforallofourmembercreditunions.Thisisan app-based,livesimulationforteensthatteaches themaboutreallifefinancialdecisions.
TruStagegenerouslysupportsBiteofReality®sothat allWisconsin’screditunionscanprovidethis programtotheirlocalschooldistricts,atnocost, andhelptofulfilltheirfinancialeducation requirements.
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Over200
ParticipantsinFoundation-sponsored educationalprogramming.
FinancialEducation&Community DevelopmentWorkshop
Thisfreetwo-dayeventbroughttogethercreditunion professionalsfromaroundthestatethatare instrumentalindevelopingprogramstocreatefinancial well-beingfortheirmembersandcommunities.
ExploringWhy™Workshop
Forfouryears,TheFoundationhasproudlysponsored ExploringWhy™workshopsforallofWisconsin’scredit unions.Thisfull-day,experientiallearningprogramwas createdbytheNationalCreditUnionFoundationto demonstratetocreditunionemployeesandvolunteers theCreditUnionDifferenceandlearnbetterwaysto servecreditunionmembersandthecommunity.
2023ImpactReport 5
WisconsinCreditUnionFoundation
TheFoundationisproudtosupportthemovementwithdisasterrelieffunds,socreditunions cancontinuetoservetheirmembersandcommunitiesintheirtimeofextremeneed.
ThegrantsreachtheseareaswithassistancefromtheNationalCreditUnionFoundation throughCUAid.In2023,$2,500wasdonatedtoCUAidbyTheWisconsinCreditUnion Foundation.
Overthelastseveralyears,reliefhasbeensenttoCUAidtoassistwiththecrisisinUkraine, wildfiresinwesternUnitedStates,hurricanesinthesoutheasternUnitedStates,tornadorelief intheMidwest,andmuchmore.
MoreThan
$53,000
TheFoundation’scontributionto supportTheMovementsince2007 duringtimesofdisaster.
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CreditUnionDevelopmentGrants
Wisconsincreditunionsinneedofsupportfortechnologyandoperationsrelatedexpenses,andupgradestothecredit union’soperationsthatwillmeasurablyassisttheirabilitytoservetheirmembers,areencouragedtoapplyforthis grant.Preferencegiventocreditunionsunder$100millioninassets.
TheDifferenceGrants
TheDifferenceGrantsareusedtohelpcreditunionsofallsizesinthecreationofinnovativeservicesandprograms thatcouldofferaffordablealternativestohigh-costfinancialproductsandservices,reducedependencyonpredatory financialproviders,increasefinancialliteracyandempowerment,improvepersonalfinancialmanagement,create avenuestopersonalfinancialstability,andimprovefinancialandeconomicwell-beingofWisconsincommunities.
InclusionFundGrants
Forthefirsttime,in2023,TheFoundationisproudtosupportcreditunionsintheirmissiontoreachunservedand unrepresentedcommunitiesinWisconsinthatstruggletobeservedbytraditionalfinancialservices.
ThisgrantwasintroducedtoconnectcreditunionswiththeresourcesthatareofferedbyCooperaConsultingto implementprogramsandservicesformulti-culturalmarketsandistargetedtowardmidsizecreditunionsin Wisconsin.
WisconsinCreditUnionFoundation2023ImpactReport 7
8 EnterpriseCreditUnion Brookfield Badger-GlobeCreditUnion NorthwoodsCommunityCreditUnion ParkFalls County-CityCreditUnion Jefferson
DevelopmentGrants SuperiorChoiceCreditUnion Superior Verve,aCreditUnion Oshkosh 2023 TheDifferenceGrants ProsperaCreditUnion Appleton Co-opCreditUnion BlackRiverFalls SouthernLakesCreditUnion Kenosha FortCommunityCreditUnion FortAtkinson
InclusionFundGrants
Foundationawardedthemostgrantsever tocreditunions
2023. $135,000+
2023
2023
The
in
CreditUnionManagementSchoolScholarship
FormerlyknownasCUNAManagementSchool,TheFoundationprovidesscholarshipsupto$2,500forcreditunion professionalslookingtoparticipateinCreditUnionManagementSchool,America’sCreditUnionspremier,executivelevelcareereducationalprogram.
PatWesenbergDEScholarship
Fundsfromthisscholarship,upto$2,500,areprovidedtoattendtheNationalCreditUnionFoundation'sDevelopment Educators(DE)program.ThisscholarshipisnamedforcreditunionpioneerPatWesenbergwhoservedaspresidentof SimplicityCreditUnionandsadlypassedawayin2021.
ProfessionalDevelopmentScholarship
Thisscholarshipallowsanapplicanttouseproceedstoattendaneducationaleventoftheirchoosingfromvarious creditunion-relatedorganizations. Awardsaregrantedtoyoungprofessionalsandapplicantsregardlessofage,upto $2,500.
WisconsinCreditUnionFoundation2023ImpactReport 9
2023 CUNAManagementSchool Scholarship
NilsaGebert
FOCUSCreditUnion MenomoneeFalls
2023 PatWesenbergDE Scholarship
DavidMurphy
MarshfieldMedicalCenterCreditUnion Marshfield
Over$11,000
TheFoundationawardedsixscholarships tocreditunionsprofessionalsin2023.
2023
ProfessionalDevelopment Scholarships
DaniSherman
FortCommunityCreditUnion
FortAtkinson ScholarshipusedforattendingCUNAGAC
BrannanHood
MCUFinancialCenterCreditUnion
MountPleasant ScholarshipsusedforattendingCUNAManagementSchool
JodiPrice
RipcoCreditUnion Rhinelander
ScholarshipusedforattendingCUNAFinancialManagementSchool
LisaSment
ShorelineCreditUnion
Manitowoc
ScholarshipusedforattendingCUNACreditUnionInternalAuditorSchool
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Philanthropists
AltraFederalCreditUnion
BlackhawkCommunityCreditUnion
CommunityFirstCreditUnion
ConnexusCreditUnion
CorporateCentralCreditUnion
PCMCreditUnion
SummitCreditUnion
JoshRoberts
SteveSwenson
BrettThompson
SarahWainscott
Patrons
HeartlandCreditUnion
KohlerCreditUnion
WESTconsinCreditUnion
FoundationDonorRecognitionLevels
Partners
BreweryCreditUnion
Weareabletofulfillourmissionbecauseofthe generosityofAnnualDonorFundcontributors fortheirsustainedsupport.Thankyou!
CloverbeltCreditUnion
IHMississippiValleyCreditUnion
OakdaleCreditUnion
ParkCityCreditUnion
PrimeFinancialCreditUnion
RipcoCreditUnion
SentryCreditUnion
SimplicityCreditUnion
SouthernLakesCreditUnion
UnisonCreditUnion
ValleyCommunitiesCreditUnion
MaryBliss
JohnEngel
PaulGuttormsson
JulieJennerjohn
JennyKlamm
AshleySchultz
Philanthropists:CUsover$5,000;CUPartnersover$2,500;Individualsover$500
Patrons:CUs$2,500-$4,999;CUPartners$1,000-$2,499;Individuals$300-$499
Partners:CUs$1,000-$2,499;CUPartners$500-$999;Individuals$200-$399
Supporters:CUs$500-$999;CUPartners$300-$499;Individuals$100-$199
Friends:CUs$100-$499,CUPartners$100-$299;Individuals$50-$99
Supporters
ArcadiaCreditUnion
FOCUSCreditUnion
FondduLacCreditUnion
GovernmentalEmployeesCreditUnion
PremierFinancialCreditUnion
SheboyganAreaCreditUnion
TaylorCreditUnion TeachersCreditUnion
WestbyCo-opCreditUnion
RodCory
BethEllis
MikeMallow
ShelbySchmudlach
Friends
Badger-GlobeCreditUnion
DairylandPowerCreditUnion
“GoldenRule”CommunityCreditUnion
HealthCareCreditUnion
M.E.EmployeesCreditUnion
MarathonCountyEmployeesCreditUnion
Members
FirstCreditUnion
RacineMunicipalEmployeesCreditUnion
WisconsinMedicalCreditUnion
RenaeClark
StephenLederer
MelindaMejer
LauraNelson
CarolineRedmann
ShaySantos
WisconsinCreditUnionFoundation2023ImpactReport 11
Ourcreditunionsystempartnersplayavitalrolein sponsoringandsupportingTheFoundation’sevents.
Thankyou!
Founder'sCirclemembershelpedtoestablish TheFoundationin2007.Weareforevergrateful oftheirsupport.ThelistofFounder’sCircle memberscanbefoundonourwebsite.
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Throughcarefulfiscalmanagementandgenerouscontributions,TheFoundation wasabletofulfillitsmissiontoservecreditunionsthroughoutWisconsin.Dueto plentifulreserves,TheFoundationwasabletosupportprogramminginexcessofits 2023revenues.
2023Revenues*
2023Expenses*
*Unauditedfinancialstatements
WisconsinCreditUnionFoundation2023ImpactReport 13
DonationstotheFoundation Fundraising,net InvestmentIncome Total $127,322 $50,927 $9,258 $187,507
Grants Scholarships FinancialEducation DisasterRelief Development Administration Total $132,517 $11,495 $31,469 $2,500 $3,359 $9,814 $191,155
Participatinginoneormoreofthesemajoreventsistheeasiestwayfor youandyourcredituniontosupportTheFoundation’smissionof promotingtheCreditUnionDifference,supportingfinancialeducation, andencouragingfinancialwell-beingforall.
AnnualFoundationInvitational
ThispremiergolfingeventsupportsTheFoundation's missionandgatherscreditunionprofessionalsand volunteersfromaroundWisconsin.JoinusatTrapper’s TurninWisconsinDellsonAugust29,2024.
AnnualFoundationFrozenFitnessFundraiser
Don'tletwintergetyoudown!Getmovingwiththe Foundation!Thisfundraiserbringstogethercreditunion employees,members,familiesandfriendstogetactive foragoodcause.Participantschoosetheirownfitness funrightintheirownbackyardandsendinphotostobe eligibleforgreatprizes.
BiennialCreditUnionDayattheBallpark
HeldinJulyofeven-numberedyears,thisisoneofthe largestgatheringsofcreditunionfolksandtheirfamilies inthestate!AttendeesgatheratAmericanFamilyFieldto rootfortheMilwaukeeBrewerstosupportTheFoundation andtheNationalCreditUnionFoundation.
AnnualCa$hCalendarSweepstakes
Ca$hCalendarisTheFoundation’sannualfundraising calendarsweepstakes.Amaximumof2,000calendars areavailabletocreditunionemployees,volunteersand communitymembers.Drawingsforcashareheldeach LeagueworkdayinDecember.
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1EastMainStreet,Suite101|Madison,Wisconsin53703 (800)242-8033| www.TheLeague.coop/Foundationfoundation@theleague.coop Makeyourone-timegiftor createsustainingsupportfor theWisconsinCreditUnion Foundationtoday.
