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Community
Overview Financial Literacy

Investing In Our Community

Since 1928, investment in the communities we serve is a key component of our mission and has remained an important focus of our organization. Through our charitable investments and community involvement we strive to create partnerships that share our goal of enriching our communities, allowing us to partner on strategic initiatives while supporting community needs that positively impact the community at large.

Types Of Funding Opportunities Available:

Charitable Contributions

Charitable Contributions are donations to qualified 501 (C) (3) organizations, as defined by the Internal Revenue Service to support in the delivery of services and programs.

Sponsorships

Sponsorships are financial contributions made to qualified nonprofit organizations as defined by the Internal Revenue Service. Sponsorship amount levels are approved depending on alignment to priority areas identified by PCU, type of activity being proposed, and marketing opportunity for PCU.

In-Kind Donations

In-Kind Donations can encompass gifts with the Pawtucket Credit Union logo for charitable auctions, donations of equipment, expertise, facilities, technical resources, and participation of staff in volunteer activities through hours of community service.

Investing In Your Future College Scholarships

High school seniors can apply for PCU’s Investing in Your Future Scholarship which awards four $8,000 scholarships to be dispersed over four consecutive years. The scholarship recipient will be awarded $2,000 per year during their four-year college period, and as long as the student is in good-standing and enrolled full-time at the college/university.
Click here to apply.

Investment Restrictions

Pawtucket Credit Union unfortunately cannot support every project that seeks funding. Therefore, to assist in determining if it is appropriate to submit a proposal, you should know that we will not review request that fall into the following categories:

  • Individuals
  • Colleges and Universities (non capitol campaigns)
  • Fraternal or political organizations
  • Trips, tours, transportation costs, seminars and conferences
  • Scientific and medical research
  • To cover operating deficits
  • Annual operating support
  • Endowments
  • Payment on loans (including loans from Pawtucket Credit Union)
  • Local Chapters of national health organizations
  • Pet related programs

Application Process

All requests must be made in writing on official organization stationary (we do not accept proposals via fax). Proposals must contain the following:

  • Organization name, address and name of Executive Director
  • Contact person, title and telephone number
  • Amount requested
  • Brief description of the organization's mission
  • Current list of Board of Directors
  • Geographic area & target population served by the organization
  • Brief description of the purpose for funds requested
  • Project budget (if applicable)
  • IRS letter confirming tax-exempt status, 501 (C) (3)

Review Process

It will take approximately 4 weeks for a request to be reviewed by the Corporate Investment Committee. A site visit and additional information may be required prior to a final determination.

Please be advised that we make every effort to assist as many organizations as possible in the communities that we serve. To accomplish this we ask that requests for donations, advertising, sponsorship, and grants be limited to a consecutive three-year period for each organization. After this three-year period, organizations are asked to suspend funding requests for at least one full calendar year before re-applying.

 

 

 

Community Investment Requests
can be sent or emailed to:

Paola Fernandez

Paola Fernandez
AVP/Community Outreach

Pawtucket Credit Union
1200 Central Avenue
Pawtucket, RI 02861

communitydevelopment@pcu.org

 

Community Development Application

Our Community Development Application Form is available in PDF format.

You will need Adobe's free Acrobat Reader Software to view the file.

To download PCU’s Community Development Application Form PDF file, click here.

Get Adobe Reader

 

It will take approximately 4 weeks for a request to be reviewed by the Corporate Investment Committee. A site visit and additional information may be required prior to a final determination.

Please be advised that we make every effort to assist as many organizations as possible in the communities that we serve. To accomplish this we ask that requests for donations, advertising, sponsorship, and grants be limited to a consecutive three-year period for each organization. After this three-year period, organizations are asked to suspend funding requests for at least one full calendar year before re-applying.


 

 

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ncua Your savings federally insured to at least $250,000 and backed by
the full faith and credit of the United States Government. National
Credit Union Administration, a U.S. Government Agency.
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Pawtucket Credit Union is an Affirmative Action / Equal Opportunity Employer.
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