How to Contribute  |  Community Investment Fund

Direct Contributions

If you would like to make an individual, corporate or credit union contribution, e-mail Joe Guilfoy, Vice President for details. Individuals and entities making direct contributions by December each year will be recognized as Annual Fund Contributors.

ACH Contributions

The ACH Contribution Program supports the ongoing efforts of the Foundation.
Through this program, the Foundation will initiate an ACH transaction for any amount specified by an individual to post to a checking or savings account on the 1st and/or 16th of each month. The individual designates the dollar amount and frequency of the transaction. Click here for the ACH Contribution Authorization form.
 
The program works as follows:
  1. An individual wishing to make periodic contributions via ACH completes the ACH Contribution Authorization Form.
  2. Individuals have the option of contributing monthly or twice a month.
  3. ACH files will be transmitted with sufficient lead time to settle the transaction on the 1st and/or 16th, or the next business day if these dates fall on a weekend or holiday.
  4. The individual has the right to terminate this deduction at any time by providing written notification or email (joeg@icul.org) to the Foundation.
  5. At the end of the year, individuals will receive a summary of contributions for the year that meets IRS requirements for tax purposes. The Foundation has been designated as a 501(c)(3) tax exempt organization by the IRS, so contributions are tax deductible for most individuals. Consult you tax advisor if there are any questions.
Community Investment Fund (CIF)
This program, which has existed on the national level for several years, allows credit unions to share with the Foundation dividends from an investment with a participating corporate credit union. Full details are available here.
 
The following table summarizes the contribution and recognition levels for the Indiana Credit Union Foundation Annual Campaign. Campaign season runs from January 1 to December 31 each year.
 
Recognition Level Credit Unions Vendors Individuals
Direct Contributions
Cornerstone Society $2,500+ $5,000+ $400+
Leadership Society $1000-$2,499 $2,500-$4,999 $300-$399
Partnership Society $500-$999 $1000-$2,499 $200-$299
Development Society $100-$499 $500-$999 $100-$199
Donor Society Less than $100 Less than $500 Less than $100
CIF Deposits
Cornerstone Society >= 1/4 of 1% of assets or $2,000,000 N/A N/A
Leadership Society 1/10 of 1% up to 1/4 of 1% of assets or $1,000,000 N/A N/A
Partnership Society Up to 1/10 of 1% of assets N/A N/A