Kauai Community FCU of Lihue, Hawaii, used Miracle Match to bolster its CMN Hospitals donation from a golf tournament. From left are Stan Hollen, president/CEO, CO-OP Financial Services; Jaeda Elvenia, Wilcox Memorial Hospital; Mel Chiba, Kauai Community FCU; and Kent Kikuchi, Wilcox Memorial Hospital.
Every minute, 62 children enter a Children’s Miracle Network (CMN) Hospital for treatment, with maladies ranging from asthma and broken bones to birth defects and cancer.
Thanks to the generous support of corporate sponsors, CMN Hospitals can provide comfort, treatment, and hope to millions of sick kids.
Credit unions provide a sterling example. They donated $10 million to CMN Hospitals in 2013 through their fund-raising arm, Credit Unions for Kids—the third-highest total among corporate partners, behind only Walmart and Costco.
CO-OP Financial Services has been an integral part of this effort throughout a 15-year relationship with CMN Hospitals. In the six years since establishing the Miracle Match, CO-OP and participating credit unions have raised more than $16 million.
“CO-OP has shown its dedication to CMN Hospitals through financial support and employee volunteerism,” says John Lauck, president/CEO of Children’s Miracle Network Hospitals, based in Salt Lake City. “The company’s commitment is demonstrated at its annual THINK conference, which devotes a substantial part of the program to activities focused on CMN Hospitals.”
CO-OP Miracle Match is an annual $1 million matching program that encourages credit unions to create events to raise funds for CMN Hospitals. The dollars raised stay local, supporting the children’s hospitals in the service area of the sponsoring credit union.
In 2013, 154 credit unions participated in CO-OP Miracle Match, hosting 174 matched events. The effort raised $3,020,830—including more than $1 million in matching funds—to benefit 98 children’s hospitals in 34 states.
“This marks the third year in a row that the combined totals of CO-OP and participating credit unions surpassed the $3 million mark in donations,” says Stan Hollen, CO-OP president/CEO and a member of CMN Hospitals Board of Governors since 2010.
For participating credit unions, the CO-OP Miracle Match can have a significant impact.
“Words cannot express what this match has meant to us, Palmetto Health Children’s Hospital, and all the patients and families they serve,” says Chris Terlinden, marketing director for Palmetto Citizens Credit Union in Columbia, S.C.
“Being able to present an additional sum of money to such a great cause has been amazing,” Terlinden adds. “The outpouring of appreciation from the hospital staff and our own members for providing this financial support has truly been overwhelming.”
Beyond Miracle Match
In addition to Miracle Match, CO-OP makes donations to CMN Hospitals each year through sponsorships of events such as credit union-hosted golf tournaments, fun runs, and wine auctions.
In 2013, CO-OP introduced a program enabling members of participating credit unions to donate to CMN Hospitals through an add-on debit transaction while using a CO-OP controlled ATM.
CO-OP also supports Shop for Miracles, a charitable event that will take place on International Credit Union Day this fall.
Each time members use their credit union-issued credit or debit card on Oct. 16, participating credit unions will donate 25 cents—or another predetermined amount—to CMN Hospitals. CO-OP will provide matching funds up to $10,000 for approved applicants.
Credit unions can learn more about how CO-OP can help their institutions raise funds for CMN Hospitals by visiting co-opfs.org/miracle-match.
To learn more about Credit Unions for Kids, visit cu4kids.org.