Having only been making grants since 2015, the United Nations Federal Credit Union (UNFCU) Foundation is pretty new on the global philanthropic scene. One of the stated goals of the foundation is to reduce global poverty by supporting healthcare and education programs with a major focus on women and children in developing countries. Women and children were certainly represented in UNFCU’s latest round of grantmaking.
The foundation awarded grants to Hope Abides and the Khaled Hosseini foundations in support of their girls’ education programs in India and Afghanistan, respectively. As well, Trickle Up received a grant for its program helping small business programs for women in Guatemala and the United Nations Women’s Guild got a check for its job training program for single mothers in Guatemala.
UNFCU awarded additional grants to Keep a Child Alive in support of its program for HIV/AIDS-affected families in sub-Saharan Africa and Village Enterprise for its micro-enterprise development program in Northern Uganda.
UNFCU also announced that it would continue supporting its 2015 grantees Women for Women International, United Nations Population Fund (UNFPA), U.N. Foundation Girl Up, Kilimanjaro Initiative and Floating Hospital in the coming year to help the organizations expand and scale up their programs in Africa and the United States.
The UNFCU Foundation—which a separate nonprofit from the credit union itself—may be a newcomer in the field, but it has a clear direction and grantmaking strategy based on the United Nations' post-2015 Development Agenda. When announcing its latest grants, Pamela Agnone, president and director of the UNFCU Foundation, went into a bit of more detail regarding its grantmaking priorities stating the foundation was “dedicated to supporting strong programs which lift up the most marginalized women and children through literacy, life skills, vocational training as well as the provision of critical healthcare services,”
Based on what we’ve seen so far, the foundation is poised to be a strong contender in the global health and development space.