Transformational Moment That Could Help Lift The Entire Community | Community Foundations

Transformational Moment That Could Help Lift The Entire Community


Foundation: Lancaster County Community Foundation

credit: Wikipedia

"We've been serving Lancaster for 30 years by providing access to credit to entrepreneurs who want to make a positive change in the community," says Daniel Betancourt, CEO of Community First Fund, a nonprofit that opened its first credit union branch in Lancaster, Pa., on Tuesday.

Betancourt says the credit union's mission is to "improve personal financial stability and provide opportunities to obtain quality, affordable housing," PennLive reports.

The credit union, which opened with a $1 million donation from M&T Bank, plans to open other branches in Harrisburg, York, and Reading, Betancourt says.

The credit union, which opened after years of planning, was chartered by the National Credit Union Administration in June 2021.

It received funding from private donors, foundations, and local foundations.

"This moment is about more than opening the Community First Fund Credit Union in Lancaster," M&T Bank's regional president for southeastern Pennsylvania says. "It's a transformational moment that could help lift the entire community."


Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

Pelican Education Foundation Awards $14500 To City School Students

"Being there to support and help people is what I have been doing my whole life with my family," says Vanessa Lopez, a senior at Klamath Union High School in Oregon. "I would love to continue...more

Palm Beach County Arts Organizations Look To Broaden Cultural Reach

"We are competing with beaches and palm trees," says Sofia Vollmer Maduro, the director of programs at the Society of the Four Arts in Palm Beach, Fla., after a "Shark Tank-like" event where cultural...more

The HUB For Community Innovation Is Filling The Gaps In Augusta

"This community has done something really amazing with these two buildings, and what we have in front of us is how we make these buildings come to life," Shell Berry, president of the Community...more

Salinas Earns $3.13M State Grant For Violence Intervention Work

"We are thrilled to see the grant amount doubled from what we have received with CalVIP in years past," Kimbley Craig, co-chair of the Community Alliance for Safety and Peace, tells the Salinas...more

NBA Names Winners of NBA Foundation HBCU Entrepreneur Pitch Competition

In collaboration with the national organization Black Girl Ventures, the NBA Foundation held a pitch competition on June 17, 2022, as a part of the NBA's continuance of social impact programming in...more

How Cities Are Creating The Conditions For Urban Innovation

Technology was not top of the agenda for European digitalisation leaders gathered in Barcelona. Instead, a focus was on laying the right foundations for cross-city innovation. BIT Habitat is a...more

Social Enterprise Fund Targets 'purpose-driven' Businesses Hit By Covid And Cost-of-living Crisis

During the COVID 19 pandemic, Scotland's third sector was a "critical community lifeline," says Chris Jamieson, head of investments at Social Investment Scotland, but "the end of lockdown hasn't...more

Teen Philanthropists Award $15K To Four Organizations Addressing Mental Health Issues
Foundation: Berks County Community Foundation

Teens in Berks County, Pa., are helping to make a difference by awarding $15,000 in grants to four organizations dealing with mental health issues, the Reading Eagle reports. The grants were...more

Lincolnite Club Inc. Receives Grant From BBCF Community Awards
Foundation: Black Belt Community Foundation

During the most recent awards event hosted by the Black Belt Community Foundation on June 11, a total of 69 different community organizations were given financial assistance. The Lincolnite Club Inc....more

Colorado Health Institute Celebrates 20 Years Of Impact
Foundation: Rose Community Foundation, Colorado Trust

Using the Past to Create the Future As the Colorado Health Institute approaches its 20th anniversary in 2022, we reflect on our accomplishments over the previous two decades and are thankful for the...more



Social Entrepreneurship
Spotlight



Recycled Water Bottle Roof for Disaster Housing


Stemming from a Kickstarter campaign, a recycled water bottle roof would provide shelter for disaster victims in light of the recent devastation caused by Typhoon Haiyan in the Philippines.




Social Sector Jobs

  Foundation Related Jobs
  Executive Director Jobs
  Social Services Employment
  Social Work Jobs
  Foundation Related Jobs



Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2022 Copyright Michael Saunders