Coastal Credit Union Foundation Provides 14 New Grants to Local Nonprofits

RALEIGH, N.C. (September 14, 2023) – The Coastal Credit Union Foundation announced today that it has awarded $325,000 to 14 nonprofits in North Carolina. The Foundation focuses on funding projects in four key areas: promoting financial well-being, increasing affordable housing, supporting financial education, and improving access to resources. This year alone, the Foundation has given $645,000 to a wide variety of nonprofit community organizations.

“We are pleased to share our next round of foundation grants with 14 deserving nonprofits,” said Emily Nail, executive director of the foundation. “These nonprofits are working diligently to improve access to resources, support affordable housing efforts, and provide financial education throughout our local communities. It is our honor to be able to support them in return."

The Foundation’s most recent grantees include:

Access to Resources

• Activate Good

• Farmer Foodshare

• Galatians Community Health

• NC Early Childhood Foundation

• Not 4 Gotten

• We Will Walk with You

Affordable Housing

• Center for Homeownership

• Raleigh Area Land Trust

• Triangle Family Services

Financial Well-Being

• Community Empowerment Fund

• Cristo Rey

• Wake Forest Area Chamber Foundation

• Wake Tech Foundation

• Youth Education for Savings Consortium

About the Coastal Credit Union Foundation

The Coastal Credit Union Foundation is a separate entity from the credit union. The mission of the Coastal Credit Union Foundation is to enrich the lives of Coastal members and their communities by providing financial support to 501(c)(3) organizations, particularly in the 16-county market of Central North Carolina. Learn more at www.coastal24.com/foundation/.