Libro Credit Union awards $460,000 through the 2017 Libro Prosperity Fund

Libro Credit Union awards $460,000 through the 2017 Libro Prosperity Fund

SOUTHWESTERN ONTARIO – Libro Credit Union (Libro) today announced the recipients of the 2017 Libro Prosperity Fund with a roadshow across southwestern Ontario.. Libro’s annual granting program is investing $460,000 in 2017 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’s focus is on growing prosperity in southwestern Ontario, and we invest 100% of our profits right back into the communities we serve,” said Stephen Bolton, Libro Credit Union Head Coach, President and CEO. “These grant recipients demonstrate there is so much more to prosperity that simply saving money. The diversity of their initiatives will open new paths to success across our region and I’m excited to watch these projects unfold.”

The Libro Prosperity Fund invested in 30 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.

“Our focus on growing prosperity means knowing the needs of each community we serve,” 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 decisions should reflect the priorities of our Owners and the participation of our Owner Representatives provides a valued perspective.”

Libro’s aim to grow prosperity isn’t limited to community investment dollars. As part of their Prosperity Purpose, Libro thinks differently about how they conduct business overall, investing in partnerships that serve a social purpose and making decisions that have a positive impact on their Owners, communities and staff.

2017 Libro Prosperity Fund Grants – For more details on the recipient projects, please visit libro.ca/roadshow.

2017 Libro Prosperity Roadshow Photos – Each roadshow stop is captured on Libro’s Facebook page, in the Album 2017 Prosperity Fund Roadshow! Descriptions and amounts of each grant are included.

Essex-Kent Region

ORGANIZATION
PROJECT NAME
GRANT AMOUNT
LaSalle Hangout for YouthEcoKids$5,000
Chatham - Kent 4-H AssociationYouth Development and Leadership$5,000
University of WindsorThe Libro Social Innovators Program$89,140
Windsor HackforgeThe TechBoost Program$30,850
Essex County Federation of AgricultureECFA Buy Local Digital Campaign$5,000
Natural Pathways Learning CentreYouth Outdoor Leadership Initiative$6,400
Access County Community Support ServicesDeveloping Young Leaders Mentorship-Employment Project$18,581
The Windsor-Essex Children's Aid FoundationVolunteer Homework & Mentorship Program$9,150


Haldimand-Norfolk Region

ORGANIZATION
PROJECT NAME
GRANT AMOUNT
Community Living HaldimandToday's Learners - Tomorrow's Leaders$10,000
Jarvis Lions ClubJarvis Lions Park Walking Trail$10,000
Trillium Childhood Cancer Support Centre
Expansion of Leadership Development Programs at Camp Trillium, Rainbow Lake$15,000
Junior Achievement of Waterloo Region FoundationDollars With Sense Program Launch in Brantford-Haldimand-Norfolk$10,000


Huron-Perth Region

ORGANIZATION
PROJECT NAME
GRANT AMOUNT
Huron Manufacturing AssociationHMA Manufacturing Student Bus Tours$5,000
Optimist Club of BayfieldLibro / Bayfield Optimist Education Program$5,000
Camp MenesetungPay-It-Forward - Camp Menesetung Community Initiative$10,000
Listowel Business Improvement AreaWin This Space Listowel$10,000
The Local Community Food CentreCommunity Access Market (Expansion)$18,000
Tesswater Agricultural SocietyRaise the Roof$5,000
Comittee of Council, Township of North HuronUpgrades to Wingham Town Hall Theater$5,000


Kitchener-Waterloo Region

ORGANIZATION
PROJECT NAME
GRANT AMOUNT
St. Paul's University CollegeEnhancing Youth-Led Social Innovation and Entrepreneurship in Waterloo Region$35,000
Open Food Network CanadaDeveloping open source technology tools for local farms, food hubs and food co-ops$25,860
Carizon Family and Community ServicesFinancial Wellness in Vulnerable Communities$20,000
Rare Charitable Research ReserveCommunity Gardens Assistant$10,000


Lambton-Middlesex Region

ORGANIZATION
PROJECT NAME
GRANT AMOUNT
North Lambton Community Health CentreiCAN / Jepzidaa After School Program$7,000
Sarnia - Lambton Business Development CorporationLaunch in Lambton - Win This Space!$20,000
Strathroy District Arts CouncilStrathroy-Caradoc Optimist Youth Band$5,000


London-St. Thomas Region

ORGANIZATION
PROJECT NAME
GRANT AMOUNT
Boys and Girls Club of LondonYouth Digital Innovation Stations (Youth DIScover)$20,000
Junior Achievement of London & District, Inc.JA Personal Finance for High School Students$10,000
The University of Western OntarioCapacity Building of Youth with Engineering and Science Fields$20,000
The Ontario Co-operative AssociationCYL Startup$15,000


About Libro Credit Union

Libro is southwestern Ontario’s largest credit union with $4 billion in assets under administration and more than 103,000 Owners across southwestern Ontario. 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. Recognized as a 2016 & 2017 Platinum Level Aon Best Employer in Canada, Libro is proud to grow prosperity in southwestern Ontario by strengthening the financial health of people, families and businesses, investing in our communities, and mobilizing and inspiring collaboration 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 more information, visit libro.ca/media.


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

Mike Donachie, Communications Manager, Libro Credit Union

P: 519-672-0130 ext. 4344, C: 226-926-4068, mike.donachie@libro.ca