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Inspirus Credit Union pledges $25,000 in matching funds to help teachers buy supplies for high-needs schools

Inspirus Credit Union pledges $25,000 in matching funds to help teachers buy supplies for high-needs schools

FOR IMMEDIATE RELEASE, Oct. 20, 2015

SPOKANE – Inspirus Credit Union has partnered with DonorsChoose.org, on online crowdfunding site for teachers, to help buy supplies for Washington classrooms in need.

When contributions from individual donors hit the halfway mark for select funding requests, Inspirus kicks in the rest. Having set aside $25,000 in matching funds, the credit union already has helped fully fund 43 DonorsChoose.org projects (some in as little as eight hours). Currently, 47 projects still qualify to receive matching funds. Requests are pending for art supplies, book bins, microscopes, and much more.

In addition, when credit union members take out an auto loan before the end of the year, Inspirus is giving them $200 to donate to projects on DonorsChoose.org. Those funds are eligible for the match, too, if the member selects a request from a high-needs school.

Inspirus (formerly School Employees Credit Union of Washington) is open to anyone in the state who shares its passion for education. This is the credit union’s first partnership with DonorsChoose.org.

“We’re inspired by our members who not only give their hearts but their hard-earned dollars to ensure students in their classrooms get a chance for an A+ education,” said President Scott Adkins. “Partnering with DonorsChoose.org is a natural way for us to put our mission in motion. At the end of the day, we want to be valued most for what we give back to education.”

One DonorsChoose.org project that’s already received matching funds is “Calculators for Sixth Grade Mathematics,” a request from Park Orchard Elementary in Kent, where 85% of the students receive free or reduced lunch. Ms. Gray, who teaches science and pre-algebra, says the 30 calculators priced at $12.99 each “will greatly impact the learning of integer multiplication and math involving decimals. We have been struggling to do some of the math without calculators, and I know this will make a huge difference!”

Earlier this year, Inspirus partnered directly with Spokane-area schools to raise $14,270 in its “1% Auto Loan Giveback,” in which the credit union rebated 1% of members’ auto loans (up to $350 per loan) to a local school of the member’s choice. Among that program’s top recipients was the Mead High School Bandwagon Booster Club.

About Inspirus Credit Union

Founded in 1936 by a Seattle math and journalism teacher, Inspirus serves about 80,000 members across Washington who share a passion for education. With $1 billion in assets, Inspirus operates branches in Spokane and Seattle. Its philanthropy model includes education-giveback programs that allow members to direct charitable contributions to schools in their communities. Employees also donate upwards of 800 volunteer hours a year in support of education. In addition, Community Education Representatives provide free financial seminars, professional development, and recognition to school employees statewide. For more information, visit inspirusCU.org.

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