Give to World Council's Foundation and
Join the Global Movement.
World Council is dedicated to building a global community. Currently, international development programs in countries ranging from Colombia to Haiti and Ethiopia are helping alleviate poverty through access to affordable financial services. These are current priorities for which World Council is seeking funding:
|Directors' Action Fund
Access to financial services and resources
has the power to transition families from
everyday survival to long-term planning for
the future. In many countries, millions of
people are looking for the chance to work
their way out of poverty, yet there is no local
bank or credit union to provide small business
loans or help build savings.
Where credit unions do exist, they often
lack the skills, knowledge and training to
successfully govern their organization and
enhance service delivery.
With support from the Directors’ Action
Fund, we collaborate with developing
country credit union staff and directors to
share best practices, expand knowledge and
improve expertise so the organization can
better serve its members and sustainably reach the unbanked.
At your next board meeting, please
consider asking your leaders to champion
the movement by donating $40 per
board member or through a corporate
|World Council Priority Fund
World Council designates these funds to the most immediate needs. These flexible funds allow World Council to respond quickly to the needs of credit unions and the movement abroad.
|International Partnerships Program
World Council's International Partnership program matches more than 25 U.S.
state credit union leagues and one Canadian province central with
developing countries to share ideas and provide guidance. World Council
partnerships provide valuable mentoring to developing movements and
offer professional development opportunities to credit union personnel
in more developed movements.
Ways to Give
You can make a difference in the lives of the working poor and help ensure the future of the credit union movement by making a gift today to World Council through the Worldwide Foundation for Credit Unions, World Council's charitable arm. With proper gift planning, you may reduce your income taxes, avoid capital-gains tax and increase your spendable income.
There are many way to donate:
Gifts of Assets
The simplest way to support World Council is with a cash gift to the Worldwide Foundation for Credit Unions. But there can be tax advantages to gifts such as appreciated stocks, bonds, and property (real estate or personal property such as jewelry or collections). A gift of assists can provide you with a full charitable deduction, but may offer additional tax savings.
For example, when securities that have been owned for more than a year and have appreciated in value are donated, the giver is usually entitled to an income tax deduction for the full current value of the asset, not just the cost basis. The donor also bypasses any capital gains tax.
You can give through life insurance policies, retirement accounts, and even financial institution accounts. You may donate a policy you already own, assign dividends as a gift, or name WF as a beneficiary. In addition to estate tax benefits, you may also gain an income tax deduction.
Gifts by Will
When revising your will, please consult your advisors about including charities such as the Worldwide Foundation. Sample language may include:
I hereby give, devise, and bequeath to the Worldwide Foundation for Credit Unions, a nonprofit, nonstock Wisconsin corporation with its principal office in Madison, Wisconsin, _________ percent ( %) of the rest, residue, and remainder of my estate as an unrestricted gift to be used in the area of greatest need at the time the gift is received.
Do you want to support our work alleviating poverty through credit unions but still want to ensure income for yourself and family? Life-income gifts (gift annuities, charitable remainder trusts) can provide you steady income, current tax savings, while still achieving your charitable goals. Consults with your financial advisors about setting up a life-income gift.
The Legacy Society
When you include a legacy gift for the Worldwide Foundation for Credit Unions in your estate plan, you will be invited to join our Legacy Society.
The Legacy Society belongs to dedicated World Council supporters who have made a lasting commitment to alleviating poverty through credit unions and to our movement.
Your name will be placed in our national "Legacy Society Honor Roll" to commemorate your generous support. The Legacy Society Circle Honor Roll will be reported in Credit Union World magazine and on the Worldwide Foundation website.
If you prefer, your commitment can remain confidential. However, we still would like to know about your intention to leave a bequest. This allows us to maintain accurate records, and to show our appreciation privately.
There are many ways to leave a lasting legacy in the credit union movement. Discussions with your legal or financial advisor, your family and our staff can help you determine the most suitable opportunities for you.
|Philippine Disaster Donors|
- Drayton Carter (St. Thomas)
- BIU Members Credit Union Co-op. Society (Hamilton)
Trinidad and Tobago
- The Co-operative Credit Union (Liverpool)
- Ella Ferris (Nottingham)
- Graham Richings (Gloucester)
United States of America
- American Lake Credit Union (Tacoma, Washington)
- California League Services Corporation (Ontatio, California)
- Clark County Chapter of Credit Unions (Vancouver, Washington)
- CommonWealth One Federal Credit Union (Alexandria, Virginia)
- Co-op Services Credit Union (Livonia, Michigan)
- Cornerstone Credit Union Foundation (Farmers Branch, Texas)
- Credit Union Executives Society (Madison, Wisconsin)
- Credit Union Service Network (Evergreen, Colorado)
- CUNA Mutual Group (Madison, Wisconsin)
- Defense Credit Union Council (Washington, District of Columbia)
- Education Credit Union (Amarillo, Texas)
- Flag Credit Union (Tallahassee, Florida)
- Greater Hartford Police Federal Credit Union (Hartford, Connecticut)
- Heritage Family Federal Credit Union (Rutland, Vermont)
- Indiana Credit Union Foundation (Indianapolis, Indiana)
- Jersey Shore Federal Credit Union (Northfield, New Jersey)
- JSC Federal Credit Union (Houston, Texas)
- Lithium Federal Credit Union (Bessemer City, North Carolina)
- Louisiana Credit Union Foundation (Harahan, Louisiana)
- Nassau Educators Federal Credit Union (Westbury, New York)
- National Credit Union Foundation, Inc. (Washington, District of Columbia)
- Pacul Services, Inc. (Harrisburg, Pennsylvania)
- Pennsylvania Credit Union Association (Harrisburg, Pennsylvania)
- Pennsylvania Credit Union Foundation (Harrisburg, Pennsylvania)
- PSCU (Tampa, Florida)
- San Francisco Federal Credit Union (San Francisco, California)
- SchoolsFirst Federal Credit Union (Santa Ana, California)
- Southern Federal Credit Union (Houston, Texas)
- State Civil Service Employees Federal Credit Union (Watertown, New York)
- Travis Credit Union (Vacaville, California)
- U.T. Federal Credit Union (Knoxville, Tennessee)
- Wisconsin Credit Union Foundation (Pewaukee, Wisconsin)
- Chris Baker (St. Mary's City, Maryland)
- Dominica Barber (Oakland, California)
- Susan Bryan (San Francisco, California)
- Eloisa Chavas (Fitchburg, Wisconsin)
- Pam Cook (Oregon, Wisconsin)
- Mary Ann Demczak, CUDE (Burgettstown, Pennsylvania)
- Betty DeWeese (Longview, Texas)
- Ed & Eileen Fadely (Dover, Pennsylvania)
- Amy Fuller (Atlanta, Georgia)
- Kathy Garner (Flower Mound, Texas)
- Peter Graves (Washington, District of Columbia)
- Ron & Marsha Hance (Rutland, Vermont)
- Kimberly Hester (Rancho Cucamonga, California)
- Anthony Hinds (Bear, Delaware)
- Jeffrey Jones (Zebulon, North Carolina)
- Robert Kimmett (Winchester, Massachusetts)
- Michael McCartney (Fairfax, Virginia)
- Karen Mensinger (Grapeview, Washington)
- Richard Miller (Bowling Green, Kentucky)
- Greg Moore (San Clemente , California)
- Robin Myers (Bayside, New York)
- Calyn Ostrowski (Madison, Wisconsin)
- Louie Penaflor (Portage, Wisconsin)
- Donna Phan (Sugar Land, Texas)
- Jackie Ross (SHELTON, Washington)
- MORRIS RYAN (ISSAQUAH, Washington)
- Bob & Diane Schumacher (Walla Walla , Washington)
- Judith Shaffer (Redondo Beach, California)
- Gerald and Carla Singleton (Bozeman, Montana)
- Kathleen Smith (Madison, Wisconsin)
- Kevin Smith (Madison, Wisconsin)
- Marion Smith (Briarwood, New York)
- Michael Spink (Durham, North Carolina)
- Judy Tharp (Advance, North Carolina)
- Sarah Turner (Oakton, Virginia)
CREDIT UNIONS AFFECTED: FACTS & FIGURES
According to a November 18 report by the Philippine National Disaster Risk Reduction and Managment Council,Typhoon Haiyan has killed 3,976 individuals, injured 18,175 and displaced 850,808. Ten million people have been affected as the superstorm ravaged homes in villages such as Tacloban, destroying "every single building, every single house," according to U.S. Marine Brig. Gen. Paul Kennedy in a USA Today report.
Forty cooperatives in the the National Confederation of Cooperatives (NATCCO) network have been affected by
the typhoon including 500 staff members; and this number is expected to rise since
not all credit unions within the network have submitted their reports. Typhoon Haiyan’s greatest impact on credit
unions is in Leyte, Eastern Samar, Capiz, Tacloban and Cebu municipalities and has the
potential of distressing 1.5 million cooperative members.
Immediately after the storm, many credit
unions visited or sent text messages to ensure staff and members were alright. The capacity to restore financial services is depending on the level of damage to each credit union facility. Generally, many cooperatives opened
within one week after the typhoon and are currently running on generators. However,
three credit unions in Leyte have not re-opened as well as the largest credit union
in Tacloban City that has been severely damaged from wind and flooding.
Types of financial services and operations vary among
cooperatives; however, most are trying to provide members with access to their
savings. In many cooperatives members are requesting access to calamity loans
so they may begin to rebuild their lives; while others who have such insurances
are beginning to process their claims. In Cebu, credit unions are offering members
access to generators so they can charge their cellphones.
As new information becomes available we will update this
website. Please continue to check back or contact us if you have any questions.
WORLD COUNCIL RESPONSE
Credit unions and their members have been deeply affected by this disaster. World Council is working with the Association of Asian Confederation of Credit Unions, NATCCO and VICTO National Cooperative Federation and Development Center, as well as other credit union connections on the ground, to assess credit union damages and strategize on how we might best respond to their relief needs.
World Council is also coordinating response efforts among the Asian,
Australian, American, Canadian and Irish credit union systems to
maximize impact and ensure credit unions have the resources they need to
provide immediate and long-term services for their members.
The Worldwide Foundation for Credit Unions, World Council's official gift-receiving and grantmaking entity, is committing financial resources to help credit unions and their members rebuild. Donations are currently being collected and thanks to CUNA Mutual Group's existing disaster fund with the Foundation, a grant of $15,000 has already been given to NATCCO for rebuilding efforts.
HOW DONATIONS WILL BE USED
NATCCO and VICTO will receive a grant from the Worldwide Foundation and
funds will be used to support the rebuilding efforts of credit unions in the
affected areas. Your contribution will help purchase institutional-capacity
items such as office equipment, generators, computers and furniture as well as
the necessary rebuilding materials so the organization can assist members
and help them be resilient during this devastating time. Foudnation grant recipients
are required to provide the Worldwide Foundation with an itemized report and we
will share progress with our donors as information is received.
WORLD COUNCIL PHILIPPINE EXPERTISE
World Council has worked with Philippine credit unions since 1996 and
the most recent project focused on model credit union building and
institutional branding.Following the 2006 Philippines landslide in Leyte, World Council
supported the local league's administration of "livelihood loans," small
microloans that helped credit union members and employees rebuild their
homes and businesses.
In 2010, World Council received presidential commendation in recognition of its credit union development work in the Philippines. In 2002, World Council received
the prestigious Herb Wagner Award from the National Credit Union
Foundation for its Philippines Credit Union Empowerment and
Strengthening program that transformed eleven credit unions from small
and insolvent institutions to self-sustainable credit unions.
DONATE: To get involved with World Council's disaster response please donate here.
Philippines Typhoon; Credit Unions, Members Affected
MADISON, Wis. — In the wake of super typhoon Haiyan, one of the most powerful storms ever recorded, World Council of Credit Unions is in contact with local authorities in the Philippines and our Australian member, Customer Owned Banking Association, to assess how to best help the 4.5 million people affected.
According to reports, typhoon Haiyan has killed an estimated 10,000 people. The situation has the potential to worsen should displaced credit union members and others not receive necessary assistance. World Council has worked with Philippines credit unions since 1996 and the most recent project focused on model credit union building and institutional branding. According to World Council's 2012 Statistical Report, there are 1,320 credit unions in the Philippines serving 4.3 million members last year.
World Council has led relief and rebuilding efforts during past international disasters, including the January 2010 Haitian earthquake, February 2006 Philippine Islands landslide and December 2004 Asian tsunami. Following the Haitian earthquake, World Council led a $1.2 million dollar project to provide immediate relief, provide shelter and revitalize the country's credit union system. Following the 2006 Philippines landslide in Leyte, World Council supported the local league's administration of "livelihood loans," small microloans that helped credit union members and employees rebuild their homes and businesses.
World Council is now prepared to provide disaster relief to credit union staff and support credit union rebuilding efforts following this latest disaster. Much-needed cash contributions from credit unions and individuals will provide assistance to those whose lives have been devastated by this terrible disaster.
To support the international credit union disaster relief fund and rebuilding of Philippine credit unions, payments via check, credit card or wire may be sent to:
Worldwide Foundation for Credit Unions, Inc., 5710 Mineral Point Road, Madison, WI 53705, USA.
Individuals may make donations with a credit card online at www.woccu.org/give; credit unions may wire funds. For additional information, contact: Calyn Ostrowski, Director, Worldwide Foundation for Credit Unions, +1-608-395-2056 or via email at firstname.lastname@example.org. Please indicate that your donation is designated for Philippine Disaster Relief Fund.
World Council of Credit Unions is the global trade association and development agency for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.
World Council has implemented more than 290 technical assistance programs in 71 countries. Worldwide, 56,000 credit unions in 101 countries serve 200 million people. Learn more about World Council's impact around the world at www.woccu.org.
Contact: Rebecca Carpenter
Organization: World Council of Credit Unions
Rooftop of one of the major credit unions in Leyte
Photo courtesy of NATCCO
Inside a credit union in Eastern Samar that has been damaged by Typhoon Haiyan
Photo courtesy of NATCCO
Credit union members line up outside the office in Leyte
Photo courtesy of NATCCO
Credit union member wait for relief
Credit union members gather after the storm to gain access to financial services
Photo courtesy of NATCCO
Photo courtesy of NATCCO