CAP COM FEDERAL CREDIT UNION INFRASTRUCTURE INITIATIVE WINNERS ANNOUCEMENT

CAP COM Federal Credit Union and its charitable giving arm, the CAP COM Cares Foundation, are pleased to announce the winners of the CAP COM Cares Foundation Infrastructure Grant Initiative. $100,000 will be awarded to 20 Capital Region nonprofit organizations at a press event at CAP COM Headquarters on June 1.
The CAP COM Cares Foundation had an original goal of dedicating $50,000 to these efforts, awarding 10 organizations with a $5,000 grant. After more than 60 applications were submitted, the Foundation’s Board of Directors made the recommendation to award an additional 10 grants and $50,000.
The new Infrastructure Initiative program formalizes the CAP COM Cares Foundation’s commitment to be a strong community partner and support projects that nonprofits often find difficult to fund. Some examples of projects that inspired the initiative include building repairs, the installation of a septic system, computer software updates and equipment funding. These projects are vital for organizations to serve their constituents but can be delayed or unaddressed due to a lack of resources.