PHOENIX, April 30, 2020 /PRNewswire/ -- OneAZ Credit Union and OneAZ Community Foundation awarded $200,000 in emergency COVID-19 Community Impact Grants to Arizona 501(c)3 organizations impacted by COVID-19.
OneAZ launched the emergency grant program March 23 and received more than 300 grant applications in just two weeks. The organization selected 100 organizations in need to each receive a $2,000 grant to help them continue services.
"OneAZ has a longstanding commitment to the community and worked as quickly as possible to get the $200,000 in emergency COVID-19 Community Impact Grants awarded. We're proud to help these nonprofit organizations continue their work, providing what in many cases are life-saving services for those in need," said Kim Reedy, President and CEO for OneAZ Credit Union.
OneAZ awarded $78,000, or 39 percent of its total COVID-19 Community Impact Grants, to food bank programs across Arizona. These programs face some of the greatest challenges in today's marketplace – simultaneously experiencing a huge increase in demand and decrease in business support and volunteers affected by Arizona's shelter in place order.
Additional large groups of grantees included organizations serving children's health (22 percent), local youth programs (18 percent), and military, veterans' and first responders' interests (12 percent). The emergency COVID-19 Community Impact Grants provided funding for nonprofit organizations serving one or more of OneAZ's five key community focus areas: food banks, children's health, military, veterans' and first responders' interests, local youth programs, and financial literacy.
In the last four years OneAZ has awarded nearly $600,000 to nonprofits statewide as part of its commitment to supporting the local economy while also making a difference in the quality of life for those who live and work in Arizona.
For a full list of recipients, visit https://www.oneazcu.com/about/foundation/covid-19-arizona-grant/.
About OneAZ Credit Union
As a Credit Union, OneAZ is owned by its members and its earnings are returned to its members in the form of better interest rates and lower fees for service. With 21 locations and more than 140,000 members, OneAZ Credit Union has been serving Arizona since 1951, when two state employees recognized the need for a member-owned credit union. To learn more, visit oneazcu.com. Insured by NCUA.
SOURCE OneAZ Credit Union