Credit unions adhere to the co-operative principle of Concern for Community, routinely supporting organizations and events in the communities they serve. This support manifests itself in a variety of ways, including paid volunteer hours for employees, donations in kind, and direct financial contributions. Over the past five years, Manitoba’s credit unions have contributed an annual average of $3.29 million in sponsorships and donations. Credit unions have also provided more than 92,000 hours of employee volunteer time during that period.
In addition to the donations and sponsorships made by individual credit unions, the Manitoba credit union system as a whole also sponsors several worthy causes on a collective basis, based on a set of shared criteria. This year, the crisis in Fort McMurray is a cause the credit union system voted to support.
Last year, five such sponsorship opportunities received funding form the system:
Manitoba High Schools Athletic Association
The Credit Unions of Manitoba Scholar Athlete Award is awarded annually to five students who maintain a minimum 85 per cent average and participate in at least two interscholastic high school athletic activities. Manitoba’s credit unions award each student a $1,000 scholarship.
Manitoba 55-Plus Games
The Manitoba 55-Plus Games provide a healthy and fun atmosphere for Manitobans aged 55 and over to complete in a wide variety of sporting events, including golf, bowling, swimming and track. Formerly known as the Manitoba Society of Seniors Games, this provincial competition has been held every year since 1983. Manitoba’s credit unions are proud sponsors of the 55-Plus Games, which promote the benefits of healthy active living for older Manitobans.
Curl Manitoba Masters Championships
The Manitoba’s Credit Unions Masters Provincial Championship is the showcase event for Manitoba curlers aged 60 and over. Each year, men’s and women’s teams from across the province take part in this prestigious bonspiel.
Located on the west shore of Clear Lake in Riding Mountain National Park, Camp Wannakumbac is a not-for-profit organization that provides exciting camping experiences for all participants through innovative instruction that fosters creative learning. Camp Wannakumbac is operated by the Wasagaming Foundation Inc., a registered charity that receives funding from Manitoba’s credit unions.
University of Winnipeg
Chair in Co-operative Enterprises
The Chair in Co-operative Enterprises was established in and is affiliated with the Business and Administration Department at the University of Winnipeg. The Chair promotes the teaching of, and research into, co-operative enterprises in Canada. It interacts with both the co-operative sector (co-operatives and credit unions) and the provincial government, as well as with the rest of Canada and other countries through public lectures, seminars, teaching and research. The Chair promotes regional, national and international research through a series of conferences, grants and publications.