About Us

Purpose

The Credit Union Foundation of BC is collectively funded by BC credit unions, providing bursaries to students who reflect credit union/co-operative values and face barriers to completing their post-secondary education. The foundation also provides international support for co-operative programs and oversees the Distinguished Service Awards, honouring those industry leaders who have furthered the credit union movement in BC.

Operations

The foundation was incorporated in 1958 under the Society Act of British Columbia and is administered by a board of volunteer Trustees elected by members of the foundation at the annual general meeting. The Trustees are responsible for the administration and investment of donations, bequests and trusts, and for the disbursement of income in support of foundation programs.

Funding

Every credit union in British Columbia supports the foundation through annual donation dues. The funds for awards come from the earnings the foundation receives on its capital. Most of the capital has been donated by credit unions and credit union members to Memorials & Trusts in honour of credit union pioneers. Other funds have been created through bequests or by individuals in honour of loved ones. All provide ongoing gifts to future generations of British Columbians striving to complete their education and make a meaningful difference to their community.

Credit Union Corporate Membership & Dues

All credit unions in British Columbia are members of the foundation. Each credit union has a right to one vote at the foundation Annual General Meeting. Dues are collected annually from credit unions on behalf of the foundation courtesy of Central 1 Credit Union.

The Board of Trustees

NameOrganization
Bill Corbett, PresidentStabilization Central CU
Nancy Crockett, Vice-PresidentSunshine Coast CU
Amie O'Brien, TreasurerIntegris CU
Brenda Monk, SecretaryCentral 1 CU
Nick Wong, TrusteeGVCCU
Kirsten I'Anson, TrusteeCommunity Savings CU
Jana Lukasek, TrusteeBulkley Valley CU
Anita Jensen, TrusteeBeem CU
Sam Portz, TrusteeCommunity Savings CU
Niki Jelstad, TrusteeProspera CU
Brent Jossy, TrusteeKootenay Savings

Trustees Emeritus/Emeritas

Bill Wright and Phil Moore (GVC Credit Union)
Gene Blishen (Mt. Lehman CU)
Meredith Pue (Westminster Savings CU)
Gus Hartl (Aldergrove CU)
Jeff Shewfelt (Gulf & Fraser CU)