Fayette Electric Cooperative, in partnership with CoBank, one of FEC’s lending partners, offers grants to area not-for-profit organizations. These donations are made possible through CoBank’s Sharing Success charitable contribution program.
CoBank started the program in 2012 to give back to co-ops and the nonprofits they support. Aimed at supporting local communities and people, the Sharing Success grant program matches FEC’s charitable contributions to local nonprofit organizations. Since the program’s inception, CoBank and its customers have together provided over $76 million in support to nonprofit organizations across the nation.
“Over the past ten years, Sharing Success has helped CoBank and our customer-owners contribute in a big way to the growth and vibrancy of rural America,” said Thomas Halverson, CoBank’s president and chief executive officer. “It is a collaboration that embodies the cooperative principle of concern for community and leverages the deep local knowledge and strong relationships our customers have within the communities they serve. We are privileged to partner with our customers in their charitable efforts and look forward to many more decades of Sharing Success.”
About CoBank
CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.
Eligible grant applicants must:
- Be a 501(c)(3) organization.
- Select organizations that are not designated a 501(c)(3) may also be eligible. These organizations include schools and government organizations such as counties or municipalities and their agencies or departments.
- Plan to use grant money to serve a public purpose.
- The bank prohibits charitable contributions to organizations that are political in nature or to any non-religious organization that has a written policy of discrimination (based on race, color, religion, gender, gender identity, sexual orientation, national origin, disability, age or status as a protected veteran).
- CoBank reserves the right to review any request for support (matching or otherwise) and to decline those that are inconsistent with its mission, values and philanthropic goals.
- CoBank will have the final say in all grants awarded.
- Those organizations who have previously received a CoBank Sharing Success Grant will not be eligible to receive grant funding for one year.
Grant recipients will be required to submit their application through this online form.
PLEASE NOTE: Applications, once started, cannot be saved and completed later. We suggest you review the application, gather the necessary documents, and then begin.
The CoBank Sharing Sucess grant cycle opens March 1, 2024 and applications will be accepted until 5 p.m. May 13, 2024.
For more information, contact Tracy Denton at (979)968-3181 or 1-866-968-3181.