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Madison, WI – April 29, 2021 – Beginning next week, 24 organizations will receive emergency grants totaling nearly $500,000 on behalf of the UW Credit Union Fund for Racial Equity. Emergency funds are part of a larger $1.5 million investment in economic mobility, launched in partnership with United Way of Dane County and United Way of Greater Milwaukee & Waukesha County earlier this year. Thanks to additional contributions from both United Way partners, the $250,000 earmarked by UW Credit Union to support emergency grants quickly doubled, resulting in one-time gifts totaling $10,000 for Milwaukee-area organizations and up to $30,000 for Dane County organizations. Of the 24 emergency grant recipients, 13 are local to Dane County and 11 are based in the Greater Milwaukee area.
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UW Credit Union invests $1.5 million to address racial equity
February 17, 2021 10:43 PM Site staff
MADISON, Wis. UW Credit Union is investing $1.5 million to help address racial inequalities in Dane and Milwaukee counties.
The UW Credit Union Fund for Racial Equity aims to remove the barriers to economic mobility for people of color in underserved communities. A news release said $1 million will go to Dane County, while the other $500,000 is headed to the greater Milwaukee area.
“This fund is about investing in our neighbors in a tangible, meaningful way,” said Sheila Milton, UW Credit Union Vice President of Diversity Equity, and Inclusion. “This includes improving the financial wellbeing and capability of our Black, indigenous and people of color (BIPOC) community members.”
UW Credit Union invests $1 5 million to address racial equity wglr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wglr.com Daily Mail and Mail on Sunday newspapers.