Funding Amount

Up to $5,000 per calendar year

Deadline

Rolling / Open

Grant Type

foundation

Overview

IMPACT Grants

Funder: New York Credit Union Foundation

Geographic Scope: New York State

Purpose: Support innovative and inclusive efforts of credit unions across New York State through funding for technology advancements, security enhancements, strategic consulting services, and outreach to underserved communities.

    Eligibility

  • All federal and state-chartered credit unions within New York
  • Applicants must clearly define anticipated benefits and outcomes of proposed project
  • Must demonstrate alignment with grant purpose
  • Each credit union may submit only one IMPACT Grant application at a time
  • Incomplete applications will not be considered

    Eligible Uses of Funds

  • Enhancements in technology and operations
  • Security upgrades
  • Strategic planning and consulting services
  • Financial education for all ages
  • Homeownership and financial counseling programs
  • Initiatives for savings and wealth building
  • Expanding access to financial services for the "unbanked"
  • Outreach to underserved or emerging markets, including youth, older Americans, and immigrant populations

    Review Criteria

  • Credit union's financial need and performance
  • Clearly defined, measurable goals
  • Detailed budget with supporting documentation
  • Project merit and fund availability may influence final award amount
  • No guarantee of maximum funding for all applicants
  • Grant award varies for members vs. non-members of New York Credit Union Association

    Contact Information

  • Phone: 800.342.9835, ext. 8546
  • Email: info@nycuf.org or member.relations@nycua.org
  • Website: nycuf.org

How to Apply

Application Process

Submission Methods:

1. Online Application (Preferred)
- Access through the IMPACT Grant Application portal at nycuf.org/grants-and-resources/grant-applications
- Streamlined system for efficient submission

2. Email Submission
- Send completed application and all necessary documents to: member.relations@nycua.org
- Ensure submission is complete

3. Fax Submission
- Fax completed application and required documents to: (518) 782-4266

4. Mail Submission
- Mail to:
```
The New York Credit Union Foundation – Grants
PO Box 15118
Albany, New York 12212-5118
```
- Include all necessary documents and completed cover sheet

    Required Information

  • Clearly defined project benefits and outcomes
  • Demonstration of project alignment with grant purpose
  • Detailed budget
  • Supporting documentation
  • Credit union financial information
  • Performance information

    Application Timeline

  • Rolling basis throughout the calendar year
  • Subject to availability of funds
  • Timeline for decision notification not specified

Focus Areas & Funding Uses

Fields of Work

community-development

Categories

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