History and Purpose


 

Maps Community Foundation was formed in 2010 as the charitable arm of Maps Credit Union, receiving nonprofit 501c3 status in 2012. The Foundation was established with a focus on improving the quality of life in the communities served by Maps through encouraging financial literacy and promoting economic development. With Maps historic roots in public education, a primary focus for the Foundation has also been education and life-long learning.

Over its first 10 years, the Maps Community Foundation has impacted our community in many meaningful ways including college scholarships, teacher grants, donations to Doernbecher’s Children’s Hospital, financial education, community grants, event sponsorships, and more. In July 2018, the Maps Credit Union board further elevated the commitment to giving back to the community, by making “giveback” one of six major themes in the Maps 10-year vision.

Historically, funding for the Foundation has come from the penny per swipe that is donated each time a Free Community Checking Account member uses their debit card. As membership has grown, so have the pennies, with an impressive $100,000 projected to come to the Foundation and community giveback in 2020. Maps itself adds to this and recently created an endowment so that the Foundation and its giveback efforts are sustained permanently. 

In 2020, Maps Community Foundation is developing a three-year strategic plan for 2021-2024 built around our history related to education and financial literacy, yet also branching into new areas focused on economic empowerment and creating a thriving, vibrant Mid-Willamette Valley region. Look for a new mission, vision, values, and impact areas to be unveiled by early 2021. The plan will reflect growth in the scope of the Foundation’s work as well as an expanded community presence. Giving will continue to be focused on Marion and Polk counties where 85% of Maps members reside.