NC Electric Cooperatives, CoBank Support Rural COVID-19 Relief
$20,000 donation will go to community nonprofit organizations
North Carolina’s Electric Cooperatives and CoBank, a national cooperative bank, are partnering to provide $20,000 in support of rural communities impacted by COVID-19.
“The state’s electric cooperatives were founded on a mission of local service, and we’re pleased that we can provide valuable assistance during this time of heightened need,” said Lark James, CFO for North Carolina’s Electric Cooperatives.
The funds will be distributed by the North Carolina Community Foundation (NCCF) to community nonprofit organizations in counties served by electric co-ops at the direction of the local boards of several NCCF affiliate foundations, in support of people and families in rural communities who are unemployed or underemployed.
“We’re deeply thankful for this commitment to our state’s rural communities that need our support during these challenging times,” said Jennifer Tolle Whiteside, NCCF CEO and president. “We’re confident our statewide network and local affiliate foundations are excellent stewards of this gift and will ensure every dollar supports the local community.”
Supporting members in times of crisis