SIEC, Co-Bank grant $20,000 in aid during pandemic
Southern Iowa Electric Cooperative (SIEC) and Co-Bank have awarded $20,000 through Co-Bank’s “Sharing Success” matching grant program to celebrate the role that cooperatives play in the rural economy and in individual communities across the nation.
Contributions are matched on a dollar-for-dollar basis up to $10,000. “The matching funds were made as a community investment by SIEC,” said Greg Proctor, General Manager of SIEC.
Of the $20,000 awarded, the Davis County Community Foundation was given $8,800 for business and individual disaster relief due to the economic crisis created by the COVID-19 pandemic.
The Educational Foundation of the Van Buren Community School District was granted $4,600, which will be used to purchase technology to give the school district more flexibility to incorporate online learning into its mix of options this fall.
The Cardinal Youth Foundation of Wapello County was given $5,600 to help with costs for the Cardinal School District’s summer feeding program.
The Moulton Crosslines Center was granted $1,000 to fund general operating expenses and maintenance. Senior citizens’ meals are prepared and served out of the center.
Since the Co-Bank program began in 2012, it has generated over $44 million in total charitable donations, primarily in rural areas across the country.
“We are delighted to team up with Co-Bank in support of such worthy causes,” Proctor said. “Dollar amounts for the Co-Bank recipients in the four-county area SIEC serves were determined by the percentage of SIEC members per county.”