Union Home Mortgage Foundation Supports Communities with Grants
Union Home Mortgage Foundation Grants for Second Quarter
The Union Home Foundation, dedicated to fostering economic self-sufficiency, recently announced its grant recipients for the second quarter of the year. This charitable organization is the philanthropic arm of Union Home Mortgage. It focuses on empowering families by equipping them with essential tools and resources for financial independence.
Support for Nonprofits Enhancing Financial Literacy
This quarter, the Foundation allocated grants totaling $9,500 to three outstanding nonprofits dedicated to advancing financial literacy and housing access across the nation. These organizations are recognized for their impactful contributions within their communities, helping individuals improve their financial knowledge and gain access to housing opportunities.
Commitment to Community Development
Bill Cosgrove, CEO of Union Home Mortgage, expressed the Foundation's dedication to community development, stating, "As we celebrate a decade of impact, we remain committed to empowering families and strengthening communities. We’re proud to support these organizations and look forward to expanding our partnerships in the future." This kind of commitment signifies the organization's long-term vision for social improvement.
Meet the Grant Recipients
The second quarter's grant recipients demonstrate the Foundation's focus on organizations that create tangible changes in their communities. Here’s a closer look at the awarded nonprofits:
Hope Communities - Denver
Hope Communities received $2,500 to support its housing and economic stability programs. This nonprofit specializes in providing affordable housing for low-income individuals and families, focusing on reducing homelessness and financial burdens. Through comprehensive support services, they empower residents to achieve long-term self-sufficiency and stability.
Drake House Inc. - Roswell
The Drake House Inc. was awarded $2,000, which will aid its mission of empowering women and children experiencing homelessness. They provide emergency shelter for families while ensuring a safe environment and access to transitional housing options. The Drake Village program specifically helps mothers secure affordable housing while receiving support services over an extended period.
Home of the Sparrow - Exton
Home of the Sparrow received $5,000 towards supportive housing programs aimed at preventing eviction and homelessness. Through direct rental assistance and case management, this nonprofit delivers essential services that substantially improve the quality of life for their clients.
About the Union Home Foundation
Established in 2015 as part of Union Home Mortgage Corp, the Union Home Foundation has distributed over $2 million to nonprofits engaged in crucial economic self-sufficiency initiatives. Their dedication to financial literacy and housing access is evident in the breadth of their support across 23 states. Union Home Mortgage Corp itself is a dynamic lender with a strong retail and wholesale presence.
Learn More
For those interested in knowing more about the Union Home Foundation and their impactful work in the community, their official website offers comprehensive insights into their mission and programs.
Frequently Asked Questions
What is the primary mission of the Union Home Foundation?
The Union Home Foundation aims to equip individuals and families with the tools necessary to achieve economic self-sufficiency through financial literacy and housing access.
How much money was awarded in grants this quarter?
This quarter, the foundation awarded a total of $9,500 in grants to three nonprofits focused on housing and financial education.
Which nonprofits received grants in the second quarter?
Grants were awarded to Hope Communities (Denver, Colorado), Drake House Inc. (Roswell, Georgia), and Home of the Sparrow (Exton, Pennsylvania).
Since when has the Union Home Foundation been operational?
The Union Home Foundation was established in 2015 and has since made significant contributions to its supported causes.
How does the Union Home Foundation support its communities?
The foundation supports communities by providing grants to nonprofits that focus on financial literacy, housing access, and economic stability initiatives.
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