Cuivre River And CoBank Team Up To Share Success
CoBank and Cuivre River Electric Cooperative have teamed up to help St. Charles Community College (SCC) students through CoBank's "Sharing Success" grant program. The result: $10,000 to support scholarships at SCC; $5,000 from each organization.
(L-R) General Manager/CEO Dan L. Brown presents a "Sharing Success" grant to St. Charles Community College Director of Development Betsy Schneider and President Ron Chesbrough, Ph.D.
Through its "Sharing Success" challenge grant program, CoBank matches contributions its cooperative customers, such as Cuivre River, make to nonprofit organizations they nominate for the grant. The program offers a dollar-for-dollar match up to a maximum of $5,000.
"Through the support of the Sharing Success Program grant, the SCC Foundation will be able to award scholarships to make college a reality for many more students," says Betsy Schneider, SCC director of development.
"We are very appreciative of CoBank's mission of sharing their success to help improve the quality of life in our community," says CREC General Manager/CEO Dan L. Brown. "We strive daily to follow this Cooperative principle and Touchstone Energy core value: Commitment to our Community."
"This is a great opportunity to bring more resources to help students, support our community and support SCC, a valued Cuivre River member,” he adds.
Cooperative Principles #6 and #7, "Cooperation Among Cooperatives" and "Concern for Community," are the building blocks of the Sharing Success program. October is National Cooperative Month, and the perfect time to shine light on the way cooperatives work together to support communities. (See Cooperative Principles below.)
CoBank, headquartered near Denver, is a cooperative bank which provides financial services to agri-businesses, cooperatives, and other enterprises in 50 states. CoBank sought grant partners all across the country.
CoBank launched the Sharing Success program in 2012. To learn more about CoBank visit www.cobank.com.
1. Open membership: Cooperatives are open to all persons able to use their services and willing to accept the responsibilities of membership.
2. Democratic control: Members have equal voting rights (one member, one vote) and participate in decisions which affect the organization.
3. Economic participation: Members contribute equally to the capital of their cooperatives and allocate surpluses, if any, to develop the cooperative and benefit members in proportion to their transactions.
4. Autonomy & independence: Cooperatives enter into agreements on terms that ensure democratic control and maintain the cooperative's autonomy.
5. Education: Cooperatives should educate members, employees and the general public, especially youth, about democratic principles and the benefits of cooperation.
6. Cooperation among cooperatives: Cooperatives work together locally, nationally and internationally to serve their members and strengthen the cooperative movement.
7. Concern for community: While focusing on member needs, cooperatives work for the sustainable development of their communities.
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