Union Home Foundation's Gala Raises Significant Funds
The Union Home Foundation, known for its dedication to empowering families, recently raised an impressive amount of over $300,000 at its Decade of Giving Gala. This biennial event not only celebrated ten years of impactful service but also aimed to further support nonprofits focused on housing and financial literacy across the country.
Impact of the Funds
These funds will go towards awarding grants to various nonprofits that are working diligently to improve housing conditions and enhance financial literacy for families. The Foundation’s commitment to these causes showcases its mission to equip families with essential resources that promote economic self-sufficiency.
The Gala Overview
Held at the Huntington Convention Center in downtown Cleveland, the gala attracted more than 450 guests. Attendees enjoyed an evening filled with both silent and live auctions, while notable figures such as meteorologist Betsy Kling and City of Cleveland Mayor Justin Bibb made appearances to lend further credibility and excitement to the event.
Significant Donations Make an Impact
During this prestigious event, the Union Home Foundation also announced a generous $50,000 donation to the Greater Cleveland Habitat for Humanity. This act of generosity continues a legacy, as the Foundation previously contributed a similar amount at a gala in 2023, which facilitated the construction of a Habitat home in Cleveland. That home was completed in April 2025, and the Foundation now has plans to build another home in partnership with Habitat for Humanity.
Voices from the Foundation
Bill Cosgrove, CEO of Union Home Mortgage and Board Chairman of the Union Home Foundation, expressed his pride in the organization. "Looking back on where we started ten years ago, I am so proud of where the Union Home Foundation is today. I'm excited to see what the next ten years will look like for us and how our impact can continue to grow," he stated. His sentiments reflect a shared vision among the members of the Foundation as they look forward to expanding their reach.
Ashley Ali, Director of Corporate Communications, also shared her thoughts: "Our UHM Partners are deeply woven into the fabric of the Union Home Foundation, and our goal has always been to provide an avenue for them to express their generosity and kindness. We are so grateful that we get to do this important work with the backing of our UHM Partners. We also thank all our wonderful event sponsors, including presenting sponsor Vantage Financial Group, for their generous support."
Achievements Since Inception
Since its founding in 2015, the Union Home Foundation has made significant strides, distributing over $2 million in financial support to nonprofits across more than 23 states. This remarkable achievement underscores the Foundation's ongoing commitment to emerging as a leader in charitable contributions while enhancing the lives of those in need. The Foundation continues its mission to aid families in achieving responsible homeownership through education and financial guidance.
Get Involved
If you are interested in learning more about the Union Home Mortgage Foundation and its commendable outreach initiatives, consider visiting the official website. While engaging with the Foundation's mission, it becomes clear just how vital their work is to communities throughout the nation, making a positive impact on the lives of many.
Frequently Asked Questions
What is the Union Home Foundation?
The Union Home Foundation is the charitable arm of Union Home Mortgage, focusing on economic self-sufficiency through financial literacy and housing support.
How much was raised at the recent gala?
Over $300,000 was raised during the Decade of Giving Gala to support housing and financial literacy initiatives.
What initiatives does the foundation support?
The foundation funds grants for nonprofits focusing on housing and financial literacy programs aimed at helping families achieve stability.
Who attended the Decade of Giving Gala?
The event saw attendance from over 450 guests, including notable local figures and sponsors, showcasing community support.
How can I learn more or support the foundation?
For more information on the Union Home Mortgage Foundation and its initiatives, visit their official website or consider supporting their programs.
