Marine Credit Union Foundation Funds Grant with Gift of Adoption
June 25, 2020
LA CROSSE, WI (June 24, 2020) — The Marine Credit Union Foundation and Gift of Adoption are joining forces to form an exciting partnership designed to help orphaned children in Marine’s service area find a home. The Marine Credit Union Foundation Adoption Fund at Gift of Adoption is dedicated to funding adoption assistance grants for nine children through Gift of Adoption’s application process over the next three years. These children will have a family to provide the love, security, advocacy and nurturing they need. See Isaac’s story.
Funding adoption assistance grants to complete the adoptions of vulnerable children has always been a priority for Gift of Adoption. When Gift of Adoption saw they were only able to provide 36.3% of the grants needed in the communities where Marine Credit Union operates over the past 10 years, they saw the opportunity to help. This was the inspiration for the Marine Credit Union Foundation Adoption Fund with Gift of Adoption.
Research by the Dave Thomas Foundation shows that 25% of Americans have seriously considered adoption, yet only 2% complete the process. Many cite the significant upfront cost of adoption (average $29,000 for a domestic adoption and $36,000 for an international adoption) as a significant concern. This leaves vulnerable, parentless children to grow up in foster homes, orphanages or on the streets – resulting in direct and undeniable correlation to homelessness, teen pregnancy, unemployment, mental illness, poverty and crime in our country and around the world.
“Marine Credit Union’s mission is to advance the lives of people from a place of financial need to a life of ownership and giving back,” said Liz Popp, Executive Director of the Marine Credit Union Foundation. “We thought that it was a great fit to partner with Gift of Adoption and provide an additional way to help someone make their dreams of adoption come true.”
“It’s especially important right now, during the COVID-19 pandemic when household incomes are affected, to help families come together,” said Shawn Hanson, Marine Credit Union CEO. “The financial burden many are facing during this time shouldn’t define their adoption story.”
For questions about the Marine Credit Union Foundation’s Adoption Fund or to make a donation to support adoption fund, please contact Brian Murphy.
About Marine Credit Union
Marine Credit Union is built upon the strong belief that members are more than a credit score, and we are committed to providing financial services to all members of the community—including those with past financial challenges. Marine will continue our long-standing tradition of delivering personalized lending solutions to fit our members’ individual needs. Marine Credit Union is a full-service financial institution serving members with office locations in Wisconsin, Minnesota and Iowa. For more information https://www.marinecu.com/
About Gift of Adoption Fund
Gift of Adoption is a national charity that provides grants of up to $15,000 to complete the adoptions of vulnerable children. Priority is placed on helping children facing what is possibly their only chance at adoption, including those at-risk of separation from siblings, entering foster care, aging-out of an orphanage, or with special needs. Gift of Adoption is the largest provider of adoption assistance grants on a nondiscriminatory basis (without regard to age, race, ethnicity, religion, sexual orientation, or marital status) and our grants are paid directly to adoption agencies and attorneys working on the child’s behalf. Since inception in 1996, Gift of Adoption has awarded $9.7 million to give 3,338 children permanent families and the chance to thrive. Gift of Adoption is recognized by Charity Navigator and the Better Business Bureau’s Wise Giving Alliance. Visit www.giftofadoption.org to learn more and visit giftofadoption.org/joinourboard/ to learn about current board opportunities.