ST. PAUL, Minn. — The Minnesota Credit Union Foundation has established a new Financial & Audit Professionals Grant Fund.
The MnCUF said the fund was made possible by a "generous contribution" from Rich Gabrielson, a certified public accountant who worked with Minnesota credit union supervisory committees, boards of directors and management throughout his 36-year career. Gabrielson retired from CliftonLarsonAllen, LLP, a national professional services firm, at the end of 2013.
The fund will provide up to $2,000 in annual grants for credit union staff and volunteers who have financial and audit-related responsibilities to attend various educational events, conferences and seminars. Eligible credit unions must be headquartered in the state of Minnesota, and individuals are only eligible to receive Financial & Audit Professionals Grant Fund dollars (maximum of $1,000) every four years.
Grants will be available on an annual basis until the fund is exhausted.
The Financial & Audit Professionals Grant application period will be open from Nov. 1-30 each year, and grant recipients will be selected by the MnCUF Board in December. Recipients will be notified within two weeks of the MnCUF Board's selection. Grant funds must be used by Dec. 31 of the following year, and recipients must submit proof of registration and the grant follow-up form.
Additional information can be found on the Financial & Audit Professionals Grant page of MnCUF's website.
Course providers include, but are not limited to, the following:
- American Institute of Certified Public Accountants
- Association of Credit Union Internal Auditors
- National Association of Credit Union Supervisory & Audit Committees
- Minnesota Credit Union Network