Redstone Federal Credit Union announces Community Impact Grant

Published 2:56 pm Thursday, February 6, 2025

Redstone Federal Credit Union recently unveiled its new Community Impact Grant program, an initiative designed to empower local non-profit organizations making a meaningful difference in their communities.

Redstone’s Community Impact Grant program will award grants of $50,000 or more to help fund innovative projects, initiatives, and solutions that address unique challenges in neighborhoods across Redstone’s service area. It will focus on financial inclusion through the support of initiatives in financial education, workforce, economic development and offering innovative life changing opportunities.

In 2024 alone, Redstone contributed $1.4 million to approve 983 requests from community groups for sponsorships and advertising in Alabama and Tennessee. The Community Impact Grant will build on this legacy by creating a true partnership with the selected non-profits, allowing the Credit Union to track their progress
and measure their impact over time.

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“Redstone is committed to improving the financial wellbeing of our members and communities,” Richard Morris, a member of Redstone’s Board of Directors, said. “We believe that by supporting strategic organizations and their visionary projects, we can help build brighter futures for everyone. These grants are high impact and will produce greater rewards.”

Applications for the Community Impact Grant program are now open, and Redstone encourages all eligible 501(c)3 and 501(c)19 organizations with transformative ideas in the areas of education, neighborhoods and community, and economic opportunity to apply. The program covers organizations that serve Jackson, Limestone, Madison, Marshall, and Morgan counties in Alabama; and Lincoln and Rutherford counties in Tennessee.

Whether it’s addressing critical community needs or launching groundbreaking initiatives, this grant program is a testament to Redstone’s dedication to fostering growth and progress.

For more information about the Community Impact Grant program or to submit an application, visit
www.redfcu.org/grant.