Your Pennies Changed Lives
More than 51,000 Cuivre River members pooled their pennies in 2015 to help their neighbors through Operation Round Up.
Pennies donated helped fund more than $278,000 to address unmet needs in health, youth, education, weatherization, community and emergency services.
The grants helped 70 local families, provided scholarships for 87 students, helped 50 organizations address unmet community needs, and provided special resources for five school programs.
Volunteer Cuivre River Electric Community Trustees administer your pennies and put 100% of them to work close to home. Recipients don't need to be members, but do need to be local.
Where funds were used in 2015*:
St. Charles County, 55% $152,728.92
Lincoln County, 25% $69,068.57
Warren County, 15% $41,747.40
Pike County, 5% $15,138.20
"Little acts of generosity can make a world of difference," says Manager of Communications Mary Jane Clark. "It's inspiring to see how far these pennies can go in service to others. We are grateful for every penny, and for each volunteer who helps put them to work." Operation Round Up donations march toward the $5 million mark this year.
Funds are primarily donated by Cuivre River members who contribute from 1¢ to 99¢ each month by including the "Operation Round Up" amount with their electric bill payment. These pennies "round up" payments to an even dollar amount and fund the Cuivre River Electric Community Trust, a non-profit 501 (c) 3 Trust.
Tax-deductible contribution summaries are reported on billing statements. One hundred percent of funds collected are used for grants. Member participation is optional.
Members who wish to donate more each month may enroll in "Operation Round Up Plus" to add an extra donation amount to their monthly bill. Donations may also be made directly to the Trust.
Volunteers who serve on the Cuivre River Electric Community Trust Board are appointed by the Cuivre River Electric Cooperative Board of Directors. They must reside in the general Cuivre River area, but are not required to be members. The term of service is three years, with a maximum term of six consecutive years.
Grants are available to address unmet needs in the specific areas of health, youth, weatherization, education (including scholarships), emergency and community services, in accordance with Trust Bylaws.
Individual applicants may receive up to $2,500 per year, families may receive up to $5,000, and organizations may receive up to $10,000. Scholarships are capped at $2,500 during a student's academic career. Applicants must reside in the general Cuivre River area.
Monthly grant requests and biannual scholarship requests are reviewed and determined by Trustees. The deadline for monthly grant applications is the last day of each month. The deadlines for scholarship applications are May 1 and October 1.
Applications are available below.
A summary of monthly grant awards is published in the Current Times each month except August, which is reserved for Annual Meeting materials and information.