Coastal CU awards $600K through ‘Power of Sharing’ gala

May 29, 2018

The Coastal Credit Union Foundation hosted and sponsored its third annual The Power of Sharing event on May 24, highlighting the efforts of 25 area nonprofits.

Raleigh, N.C.-based Coastal Credit Union’s business partners and the Foundation awarded a just over $600,000 combined in charitable grants and in-kind giving to organizations that are making a significant impact in their local communities.

“Coastal Credit Union Foundation is proud to support and host this prestigious event for the third year,” says Chuck Purvis, Coastal Credit Union president/CEO. “Recognizing the tremendous work of the nonprofit organizations in our community is an honor for us. To bring our business partners together to assist in this effort, and to make the significant impact we all do, speaks volumes for the care and concern we have for community and the families we do business with every day.”

A major part of the Power of Sharing Gala is the collaboration between local companies.  Partners included in the event were: Blue Cross Blue Shield of North Carolina, BASF, Citrix, Duke Energy, IBM, and Lenovo.

The Power of Sharing was created in 2016 to bring different business partners together to demonstrate their commitment to bettering their communities through a collaborative funding forum. The goal was to recognize the tremendous impact that local non-profits are making throughout the community.