Kindred Charitable Fund Surpasses the $1 Million Mark

The Raw Carrot Receives $10,000 Focus Grant

Kitchener, ON – Kindred Credit Union is pleased to announce that the Kindred Charitable Fund has reached a major milestone, marking $1 million in support for churches and charitable organizations since its inception in 1999. A total of 146 groups have benefited from these grants, which have impacted people across southwestern Ontario.

“The Kindred Charitable Fund is a significant component of how we, as a member-owned financial cooperative, fulfill our purpose to inspire peaceful, just, and prosperous communities,” notes Brent Zorgdrager, Kindred’s chief executive officer. “This achievement underscores our ongoing commitment to our members and the communities in which they live and work.”

Putting total distribution over the $1 million mark in 2018, the Kindred Charitable Fund will be distributing $81,000 in grants to 18 community organizations. This year’s grant recipients include organizations such as Sanctuary Homes, The Working Centre, and Shalom Counselling Services. For a complete list of this year’s recipients, please visit kindredcu.com.

The Raw Carrot, a social enterprise collaborating with the Mennonite Central Committee Ontario (MCCO), received the annual Focus Grant of $10,000. The Raw Carrot employs people who receive disability support and have challenges that make it difficult to retain employment. The grant will support a new Raw Carrot site in Kitchener, which will be modelled after the successful operation in Paris, Ontario. Raw Carrot employees will prepare a variety of gourmet soups in a commercial kitchen at Stirling Mennonite Church. The soups will then be sold in farmers markets and retail locations across the region.

“This grant will go a long way to helping us get this local enterprise off the ground,” says Greg deGroot-Maggetti, MCCO’s poverty program coordinator. “It really is transformative for the participants to be able to earn income and contribute to their community in a meaningful way.”

About Kindred Credit Union

Kindred Credit Union is a member-owned financial cooperative based in Kitchener, Ontario. Kindred’s values-centred approach is woven into everything we do and makes us the one-of-a-kind choice for people across Ontario who want to connect their values and faith with their finances. Through Kindred’s eight full-service branches and our award winning online banking platform, we offer our members a complete range of banking, borrowing, and investing products and services. For more information please visit www.kindredcu.com

For more information, please contact:

Frank Chisholm
Director, Brand and Marketing
Kindred Credit Union
519.746.1010, Ext. 5211
frank.chisholm@kindredcu.com

 
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