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NCOFCU - We are now a 501(c)(3) Non-Profit!

It’s Official!  NCOFCU is a Non-Profit Charitable Organization!
Our work thus far without this designation was only possible through the tremendous support from our firefighter credit union community. Now, as an official 501(c)(3) non-profit organization, we can do So. Much. More. !!

You may be asking: “Like what?” Well, allow us to share with you:
  • Apply for grants – before we were severely limited as most funders want you to be a non-profit organization in the eyes of the IRS
  • Accept Interns – College students can receive credit to intern with us at our conferences
  • Accept Donations -- both monetary and personal property – Thank you to those who personally donated without the tax exemption, but now you can not only claim some of your previous donations, but all of the ones you will make in the future
  • Solicit Donations – Most large businesses and small businesses love the opportunity to give back, you just gotta ask! …. And provide your non-profit status. Done!
  • Establish Endowment Funds -- for operational and scholarship programs
  • Give firefighter credit unions the ability to invest in a Charitable Donation Account (CDA) Investment which funds charitable contributions, like us!
  • Provide, through the above abilities, more conference/educational scholarships to credit union volunteers and staff members as well as assisting in the cost of the educational conference
But most of all, this solidifies our commitment to our membership and empowers our sustainability to continue to be a positive force in the credit union community.

So, where do you or a friends donate? Right here! :)

Grant J Sheehan
Executive Director

*The National Coalition of Firefighters Credit Unions, Inc. (NCOFCU) is a non-profit, 501(c) (3) charitable organization. Donors may deduct contributions as provided in IRC 170(c) (3) of the U.S. Tax Code.





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