Arizona's OneAZ Credit Union is putting its money where its mouth is.
Every time a member uses their debit card at the bank, OneAZ contributes 1 cent to the OneAZ Community Foundation, which in turn gives $190,000 in grants to 38 nonprofit organizations in the state, the Arizona Republic reports.
"These grants are designed to propel forward-thinking organizations that are not only envisioning but actualizing a thriving future for Arizona," says Brandon Michaels, president and CEO of OneAZ, in a press release.
To be eligible for a grant, nonprofits must be registered as a 501(c)(3) tax-exempt organization with programs that resonate with one of the Foundation's new, updated pillars of support: Economic Empowerment and Entrepreneurship: championing financial independence through initiatives in financial literacy, entrepreneurship and inclusive economic practices Community Vitality: enhancing community well-being and cultural richness through access to essential services and programs that foster unity and cultural engagement Developing Future Leaders: shaping tomorrow's leaders today through civic engagement, mentorship and comprehensive professional development
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The granddaughter of President George H.W. Bush, Lauren Bush Lauren, she launched the FEED Projects back in 2007 to address world hunger. FEED has contributed over 75 million meals worldwide through consumer goods sales like the “1” bag that feeds one child in school for an entire year for every bag sold.