Innovation Federal Credit Union, as part of its Legacy Community Development Grant Fund, awarded 28 Saskatchewan organizations with over $340,000 so far in 2024. This support is part of $5 million reserved for Saskatchewan people with Saskatchewan projects that was announced in July of last year.

“It’s an honor supporting such deserving Saskatchewan organizations with initiatives that truly make a difference in their communities,” says Innovation CEO, Daniel Johnson. “It’s all thanks to Innovation members. Their business enables us to share our profits through grants, sponsorship, scholarships, and community development. They play the largest role in our Responsible Banking™ movement.”

2024 recipients include:

• Meadow Lake Minor Ball - $5,000
• North Battleford Connaught School - $2,500
• Buffalo Narrows Friendship Centre - $20,000
• Beaver River Agricultural 4-H Club -$5,000
• SK Health Authority (Mankota, SK) - $10,000 
• Leoville Central School - $10,000
• Battlefords Territorial Youth Services - $25,000
• Meadow Lake Food Bank & Door of Hope - $20,000
• RM of Medstead -$15,000
• Gull Lake Special Care Centre - $10,000
• Prairie Health Care Centre (Cabri, SK) - $10,000
• Southwest Cultural Development Group Inc. (Swift Current Lyric Theatre) - $10,000
• Leoville Curling Club - $10,000
• Resort Village of Cochin - $25,000
• Hafford Central School -$4,000
• Eastend Light Horse Improvement Society - $5,000
• La Loche Ducharme Elementary School - $25,000
• Stinger Strong Community Fire Rebuild Fund    (Stewart Valley, SK) - $20,000
• Wilkie Swimming Pool - $20,000
• SK Union of Nurses (Meadow Lake, SK)/SHA - $20,000
• Eastend Memorial Hall Co-operative - $14,000
• Swift Current École Centennial School - $10,000
• Frontier Claydon Ladies Social - $6,000
• RM of Round Hill (Rabbit Hill/Battlefords, SK) - $5,000
• Pierceland Volunteer Fire Department - $20,000
• Goodsoil Recreation Community Hall Board - $9,000
• Goodsoil Curling Club - $8,000
• Goodsoil Historical Museum - $4,950

Innovation reinvests 2-4% of pre-tax profits back into the communities they serve. Profit sharing with both members and their communities are two things that truly set the credit union apart in the financial services industry.

Innovation member organizations can still apply online for a grant until December 31, 2024.