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Mobilizing resources for stewardship organizations Maureen Cureton

Mobilizing resources for stewardship organizations Maureen Cureton. Local financial co-operative. ½ million members Manage $18+B of our members assets Share 30% of our profits with members & community We’re carbon neutral!. Our mission: re-define wealth.

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Mobilizing resources for stewardship organizations Maureen Cureton

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  1. Mobilizing resources for stewardship organizations Maureen Cureton

  2. Local financial co-operative • ½ million members • Manage $18+B of our members assets • Share 30% of our profits with members & community • We’re carbon neutral!

  3. Our mission: re-define wealth • to help strengthen the wellbeing of members & our communities • Healthy communities require healthy ecosystems

  4. Shared Success…30% of profits • Community Project grants: $2.5M in 2013 …up to $15k • EnviroFund: $1M in 2013 • Sustainable agriculture & • Ecosystem preservation & restoration • Strategic granting: supports path to self-sustaining

  5. Beyond granting 25% of the NFPs in BC do their banking with Vancity : $450mm FUA … Why? • Community Organization Account: Free banking for small NFPs; earns interest • Specialized NFP Account Managers –we understand NFPs • Targeted financing to leverage your financial resources

  6. Beyond granting • Coaching & technical support : • Each One Coach One -mgt coaching • Project Mgttraining • 1:1 support for high impact • Convening & connecting

  7. Co-operating: Realize UCSC • Realize Co-op is owned by over 120 non-profit &community organizations • Members pool deposits -higher interest rate & lower transaction fees • Telus discounts: land lines, long distance & Conference on Demand • Mills Basics stationary discounts

  8. Leverage your assets by sharing resources… space ...human resources... equipment... vehicles…

  9. Thank youMaureen CuretonCommunity Investmentmaureen_cureton@vancity.com

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