Click HERE to navigate to the WEOKIE Adopt A Family Holiday Campaign running 11/27/23-12/8/23.
To make a donation to WEOKIE’s Impact Loan Fund, click the button below.
Donate
How It Works
Why give?
Your donation goes directly toward growing WEOKIE FCU’s Impact Loan Fund. Your gift enables even more qualified employees who are struggling to meet basic needs such as food, housing, and medical expenses to receive the hand-up that they need.
The gift that keeps on giving!
Due to the Impact Loan Fund’s unique model, loans are paid back directly into the fund over the course of a year. This means your gift that will help make a loan possible will also get “paid back” to the fund so that additional employees can benefit from a loan.
Employees Begin to Thrive
Your donation will not just help one colleague and their family, but through the repayment of the loan, it will be multiplied to help future generations and create healthier local economies for years to come!
FAQs
What is the Community Impact Fund?
The Community Impact Fund (CIF), a 501c3 nonprofit, serves as our loan administration partner for the WEOKIE FCU Impact Loan Fund. They also manage the fund itself and any donations going to the fund. They provide the loan application and distribution platform so that the application, approval and payback process remains completely anonymous from WEOKIE FCU. Because of our partnership with CIF, WEOKIE FCU won’t know who applies for assistance or is involved in the loan process. CIF will allow us to provide emergency loans to WEOKIE FCU employees to help them through unexpected situations. Similarly, you can elect to have your donation to the fund remain anonymous. CIF does provide quarterly reporting on all donations made to WEOKIE FCU’s fund.
Will my donation to the Fund be tax deductible?
The IRS recognizes CIF as a 501c3 public charity. Therefore, contributions to WEOKIE FCU’S Impact Loan Fund may be eligible for tax deduction in the U.S.A. because they go through CIF. Please consult your tax advisor for eligibility.
Will I receive a tax receipt for my donation?
Yes, you will receive an email tax receipt at the time of donation from the Community Impact Fund via Classy on behalf of WEOKIE FCU. If applicable, donors will receive a year end tax statement.
What is the money used for?
Your donation goes directly to the Impact Loan Fund established by WEOKIE FCU. It helps to provide interest-free, emergency loans to eligible WEOKIE FCU employees. The loans are paid back directly to the fund in the form of monthly payments so that loans can then be made to additional employees. The Impact Loan will meet the specific needs of eligible WEOKIE FCU employees who are facing an unforeseen financial hardship.
Who do I contact if I have any questions about this program?
The Community Impact Fund manages your donations on behalf of WEOKIE FCU. Please contact CIF’s Director of Impact, Courtney Lussenhop, at courtney@communityimpactfund.org.