LYNCHBURG, VA (07/24/2012)(readMedia)-- Virginia's member-owned credit unions donated $8,370 to Children's Miracle Network Hospitals (CMN Hospitals). The money was raised through various fundraising events sponsored by the Virginia Credit Union League and the Credit Unions Care Foundation of Virginia.
Children's Miracle Network Hospitals has been the charity partner of the Virginia Credit Union League since 2003, with the League and its affiliated member-owned credit unions having raised more than $1.46 million for the CMN Hospitals serving Virginia.
"Our credit unions have embraced the cause of CMN Hospitals statewide and are proud to aid them in their mission to provide world-class care and treatment for children and to support research that is paving the way for new treatments and even cures for many life-threatening illnesses," said Virginia Credit Union League President Rick Pillow.
Each of Virginia's CMN Hospitals (listed below) will benefit from the $8,370 donation. The donation will be distributed through Miracle Day Inc., the credit union organization that sponsors and coordinates a family of road races, including the Credit Union Cherry Blossom Ten Mile Run in Washington, D.C. Credit unions use these races as fundraising vehicles in their partnership with CMN Hospitals.
League and Foundation fundraising events represent only a small portion of the funds raised for CMN Hospitals each year by Virginia's credit unions. Many Virginia-based credit unions hold individual fundraising events and have donated the following amounts to CMN Hospitals during the span of their partnership:
YEAR | Fundraising Total for CMN Hospitals |
2003 | $29,423 |
2004 | $124,813 |
2005 |
$178,111 |
2006 | $188,800 |
2007 | $248,961 |
2008 | $167,640 |
2009 | $139,745 |
2010 | $203,556 |
2011 | $186,359 |
TOTAL | $1,467,408 |
About Children's Miracle Network Hospitals
Children's Miracle Network Hospitals is a non-profit organization that raises funds for more than 170 children's hospitals. Countless individuals, organizations and media partners unite with CMN Hospitals to help sick and injured kids in local communities. Donations to CMN Hospitals create miracles by funding medical care, research and education that saves and improves the lives of 17 million children each year.
About Credit Unions
Credit unions are not-for-profit financial institutions that are owned and controlled by their members. Credit unions return earnings to their members in the form of lower rates on loans and better rates on savings. The Virginia Credit Union League is the statewide trade association for the Commonwealth's 184 credit unions, which boast $87.3 billion in assets and more than $57.8 billion in loans. Learn more at www.vacul.org.
The Credit Unions Care Foundation of Virginia is a cooperative charitable organization founded and funded by Virginia's credit unions to further their charitable, education and community development initiatives. Learn more at www.creditunionscarefoundation.org.