Libro awards more than $500,000 through the Prosperity Fund

For Immediate Release
Thursday, September 1, 2016

Libro Credit Union awards more than $500,000 through the 2016 Prosperity Fund

LONDON, ON – Libro Credit Union (Libro) today announced the 41 recipients of the 2016 Prosperity Fund, which invests more than $500,000 to support programs and projects across southwestern Ontario that are helping to grow prosperity in three focus areas: regional economic development, youth leadership and money smarts.

“Libro is focused on growing prosperity in southwestern Ontario by transforming banking, and this is one way we do that,” said Stephen Bolton, Libro Credit Union Head Coach, President and CEO. “As a co-operative, we believe we can accomplish so much more together through collaboration and partnership. The 2016 recipients are stellar examples of the diverse outstanding work being done, in the 25 communities Libro passionately serves.”

The Libro Prosperity Fund invested in 41 organizations and community groups whose initiatives support entrepreneurship, financial knowledge and career skill development for young people – all aimed at growing prosperity across the region.

“Local decision making is the heart of our program and very important to Libro,” Bolton said. “Each of our 31 branches has a council made up of Owner Representatives who participate in the grant evaluation process and have a voice in the award selection. We believe the decisions should reflect the priorities of each community and our Owner Representatives help guide us through that.”

2016 Prosperity Fund Grants

River Lights Winter Festival and the Amherstburg Chamber of Commerce Downtown Holiday Nights Amherstburg $5,000
Firehorse Leadership Organization Youth Leaders in Action Amherstburg $5,000
Belle River District High School Belle River DHS Kitchen Update Belle River $10,000
Essex County Grain Farmers of Ontario District 1 Essex County Agricultural Education and Training Trailer Belle River $7,500
Blenheim Youth Centre Building Leadership and Confidence in Our Youth Blenheim $5,000
Kent Agriculture in the Classroom Action Committee Agriculture Science Kits Blenheim $5,000
Essex and Community Historical Research Society Digitizing Essex $5,000
Community Living Essex County Youth in Action – Summer Work Experience Essex $21,039
Access County Community Support Services Harrow Youth Centre – High School-Aged Youth Harrow $20,000
Kingsville Historical Park Museum Youth Museum Experience Kingsville $10,000
Rise Asset Development Youth Small Business Program – Leamington Leamington $7,500
WEtech Alliance Libro StartUP Windsor $50,000
Community Support Centre Haldimand Norfolk Community Kitchen: Community Café and Food Fix Caledonia $10,000
Community Living Haldimand Today’s Learner – Tomorrow’s Leaders Cayuga $5,500
Dunnville Farmers’ Market Association Dunnville Farmers’ Market Redevelopment Project Dunnville $5,500
Highway Pentecostal Church Hagersville and Area Community Garden Hagersville $9,000
ALUS Norfolk Inc. Marketing ALUS on Your Property Otterville $5,000
Norfolk County Agricultural Society Information Kiosks Simcoe $5,000
The Norfolk Singers Arcady Youth Initiative Simcoe $32,000
Clinton and Central Huron BIA – Beautification Committee Clinton and Central Huron BIA Beautification Committee “Be Open” Initiative Clinton $5,000
Habitat for Humanity Huron County Clinton 2017 Habitat Build Goderich $5,000
Centralia Pastoral Charge Kids in the Kitchen, Traveling Summer Cooking Camp Goderich $5,000
Royal Canadian Legion Branch 109 Huron County Afghanistan Community Monument Goderich $5,000
Launchit Minto Launchit Minto – Elevating Agriculture Harriston $10,000
Sprucedale Public School Sprucedale Public School Playground Initiative Shakespeare $5,000
Wingham and District Hospital Foundation Our Hospital, Our Future Wingham $10,000
Bluewater Area Family Health Team Community Health Matters – Bluewater Area FHT (BAFHT) Expansion Zurich $10,000
Project Read Literacy Network (Waterloo-Wellington) Financial Literacy Authentic Task Sets Kitchener $8,600
Lutherwood Making Your Money Count Kitchener $11,000
Habitat for Humanity Waterloo Region Inc. Financial Literacy Initiative Waterloo $15,400
Youth Services of Lambton County Inc. Boys’ Home Trees Bright’s Grove $19,875
Forest Curling and Social Club Modernization Project Phase 2 Forest $10,000
Salthaven Wildlife Rehabilitation and Education Centre Inc. Libro Youth Environment Alliance (LYEA) Mount Brydges $17,133
Women’s Rural Resource Centre of Strathroy and Area Youth Leadership and Capacity Building Strathroy $10,000
The Arts Council of East Lambton Community Arts and Innovation Centre Watford $20,000
Low-Income Family Empowerment Sole-Support Parents Information Paths to Prosperity: Building Sustainable Security London $49,953
ATN Access for Persons With Disabilities Inc. OLA Financial Literacy for Those Facing Barriers London $24,300
Regional HIV/AIDS Connection Empowering LGBTQ2+ Youth: Safe Spaces, Leadership, Career Skill Development, and Financial Literacy London $7,200
Learning Disabilities Association for London Region Improving Post-Secondary School Readiness for students with Learning Disabilities London $10,000
Forest Park Public School Parents Association Forest Park Playground Dream St. Thomas $10,000
Best Buddies of Canada Best Buddies Friendship Program Expansion Toronto $8,500

Also part of the Prosperity Fund is the Libro Student Award, helping students aged 17 to 25 pursue post-secondary education, with $60,000 in awards. Libro also supports its local communities through a robust Sponsorships & Donations program throughout the year.

About Libro Credit Union

Libro is Ontario's third largest credit union with $4 billion in assets under administration and more than 103,000 Owners across southwestern Ontario and has been recognized as a 2016 & 2017 Platinum Level Aon Best Employer in Canada. As a co-operative financial institution with more than 70 years of history, Libro supports the well-being of people, businesses and communities by providing high-quality financial coaching and profit sharing. Libro is proud to support The Prosperity Project, which aims to grow prosperity in southwestern Ontario by mobilizing and inspiring collaboration, strengthening the financial health of people, families and businesses, and investing in our communities to help the region prosper together. Libro offers a full range of financial products and services for consumers, businesses and farms, including savings and chequing, investing, and borrowing. Great service can be experienced through 31 branches, online, telephone, mobile devices and a network of 4,000 ATMs across Canada.

For further information or to set-up an interview, please contact:

Mike Donachie, Communications Manager
Libro Credit Union
P: 519-672-0130 ext. 4344

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