Veridian Credit Union’s Successful Financial Future Grants

The Veridian Credit Union’s Successful Financial Future Grants, administered in partnership with the Community Foundation of Northeast Iowa, aim to support nonprofit organizations that are crucial in fostering successful financial futures within Veridian Credit Union’s service areas in Iowa and Nebraska. This initiative aligns with the foundation's broader mission of strengthening communities by addressing fundamental barriers to financial stability. These grants specifically target individuals in Iowa and selected Nebraska counties (Cass, Douglas, Lancaster, Sarpy, Saunders, and Washington) who face challenges to financial stability. The primary impact goal is to empower these individuals through enhanced financial literacy and/or employment readiness. The program seeks to support organizations that are fully engaged in this work, rather than funding individual projects or programs. Priority funding will be given to applicants demonstrating a proven track record of success in improving financial literacy and increasing employability. Organizations that utilize evidence-based approaches and data-driven decisions in their work are also favored, along with those demonstrating financial and organizational strength, a commitment to diversity, equity, and inclusion, and a collaborative approach. The expected outcomes include individuals achieving greater financial stability and increased employability within the communities served. While specific measurable results are not explicitly detailed beyond the general operating grant structure of up to $5,000, the emphasis on evidence-based approaches suggests a commitment to tracking the effectiveness of the funded organizations' work in these areas. The foundation's strategic priorities are clearly centered on supporting nonprofits that actively work to reduce barriers to financial stability. This grant program embodies a theory of change that posits by investing in organizations focused on financial literacy and employment readiness, individuals will be better equipped to achieve financial independence, thereby contributing to stronger, more stable communities.