ST. PAUL, Minn. (1/20/15)--The Minnesota Credit Union Foundation (MnCUF) has launched an annual grant fund to help those credit union staff and volunteers with financial and audit-related responsibilities defray the costs of attending conferences, seminars and other educational events.
Pat Brekken, president/CEO, Richfield-Bloomington CU and Minnesota Credit Union Foundation board member, left, accepts a contribution from Rich Gabrielson to help establish the Financial and Audit Professionals Grant Fund. (Minnesota Credit Union Network Photo)
The Financial and Audit Professionals Grant Fund was made possible by a contribution from Rich Gabrielson, a certified public accountant who has worked with Minnesota credit union supervisory committees, boards of directors and management throughout his 36-year career.
Gabrielson's contribution will provide up to $2,000 in funding for qualifying individuals, who must be headquartered in the state of Minnesota.
Eligible participants are only able to receive Financial and Audit Professionals Grant Fund dollars every four years, and at a maximum of $1,000. Grants are available annually and will be awarded until the fund is exhausted.
The funding will help credit union staff members and volunteers pay for events hosted by:
The grant application period will be open from Nov. 1 to Nov. 30 each year, and recipients will be picked by the MnCUF board in December. Those who receive the grants must use the funds before Dec. 31 of the following year. Recipients also must submit proof of registration and the grant follow-up form.