National Credit Union Foundation and Inclusiv Partner to Provide Disaster Relief Assistance to Cooperativas from Puerto Rico Impacted by Hurricane Fiona
FOR IMMEDIATE RELEASE
New York, NY (September 26, 2022) – Inclusiv is proud to partner with the National Credit Union Foundation (“The Foundation”) to distribute the Foundation’s generous commitment of up to $250,000 in CUAid relief funds that will support Puerto-Rico based credit union employees and volunteers affected by Hurricane Fiona.
The Foundation will provide the grant funds to Inclusiv, which will distribute individual donations to the people affected by the hurricane. The two organizations previously collaborated to coordinate CUAid disaster relief in Puerto Rico following Hurricane Maria in 2017.
CUAid is a disaster relief fund, administered by the Foundation, that supports credit union employees and volunteers in the event of a natural disaster. “CUAid is the living embodiment of our people helping people philosophy,” said André Parraway, the Foundation’s chief financial and operations officer. “When disaster strikes, the credit union movement responds.”
The Inclusiv/Network team has worked tirelessly since Hurricane Fiona hit to understand the extent of the damage and develop a holistic picture of the need in Puerto Rico. Inclusiv has already identified 100 credit union employees and volunteers on the island whose homes, vehicles and personal property have been damaged, in some cases, irreparably. In addition, several cooperativas (financial cooperatives) have reported substantial damage resulting from flooding and one structure has been completely destroyed.
“The CUAid grant will help the people and the cooperativas they work for get back up and running so that they can effectively serve as financial first responders to support the rest of the island through what will be a long, challenging recovery,” said Pablo DeFilippi, executive vice president of Inclusiv/Network.
National Credit Union Foundation/CUAid:
Marketing and Communications Director
Executive Vice President