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Providing scholarships, supporting charitable
purposes, and funding education projects

Our Vision
Members are the reason why we exist. We act as a trustee and efficient manager of foundation funds providing for investment growth within a reasonable secure investment policy, receive gifts and donations from individuals and cooperatives and foster statewide education programs.

Mission
Promote education of youth through awarding of scholarships and support communities through charitable giving.

Values
We strive to provide services that exceed member expectations. Our core values include accountability, integrity, innovation and commitment to community. We will be good stewards of foundation funds.


What is Federated Youth Foundation, Inc.?

Becoming a Member
Why Consider FYF? 
Sample News Releases
Two Types of Funds
Board of Directors
Staff 2017 Strategic Goals
FYF Brochure [pdf] NEW  FYF Introduction [pdf]

What is Federated Youth Foundation, Inc.?


Federated Youth Foundation is a Wisconsin non-profit organization, exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code. FYF is here to serve your cooperative, credit union or mutual organization if operating in the state of Wisconsin. Contributions received from Foundation members are accounted for separately under the name of that cooperative, except for that portion of a contribution the donor places in a general fund, known as the Cooperative Education and Training Fund.

Your cooperative has the right to forfeit its unclaimed funds for use in your community or for worthy statewide causes. Has your cooperative been exercising this right?

If not, the Federated Youth Foundation (FYF) can assist you with the procedure necessary to take advantage of this opportunity, and will, at nominal costs, administer your funds and distribute them at your request for scholarships or charitable purposes.

Federated Youth Foundation is a vehicle for receiving unclaimed property, gifts, and donations from individuals and cooperatives, credit unions, and mutual insurance companies.

The Foundation is administered by Cooperative Network. Under a custodial agreement with M&I Trust Company, Madison, funds are invested and earnings are used to pay administrative expenses. Remaining earnings are allocated to the Cooperative Education and Training Fund to fund special projects approved by the board to foster statewide cooperative education efforts up to $20,000 AND the rest is allocated to member accounts based on average quarterly balances.

The Foundation is governed by a board of seven directors, elected by the membership.

(Please note that the Federated Youth Foundation does not pay any overhead costs on any grants or charitable contributions awarded.)

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Why Consider FYF?


The Foundation simplifies the handling of unclaimed property for members. Because of its tax exempt status and professional administration, FYF protects contributing organizations from potential legal and administrative problems regarding distribution of unclaimed property. Cooperatives have the option of designating funds for local charitable purposes (with FYF board approval).

By pooling the funds of many organizations, Wisconsin cooperatives will be able to achieve statewide educational and charitable objectives that would not otherwise be possible.

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Two Types of Funds


Local co-ops may deposit funds in individual accounts to be used as awards for scholarships and charitable purposes. Guidelines for selecting scholarship recipients have been developed and are available for member use.

The Cooperative Education and Training fund is a general fund established to finance statewide programs in the areas of education, charitable purposes, and rural cooperative development. The fund is administered by the FYF board of directors.

(Please note that the Federated Youth Foundation does not pay any overhead costs on any grants or charitable contributions awarded.)

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Becoming a Member


Membership in the Federated Youth Foundation is open to all Wisconsin cooperatives, credit unions and mutual insurance organizations. An organization may become a member by completing a membership application and contributing a minimum of $250 to FYF. Requests for membership application and additional information should be directed to:

Ethan Giebel, Executive Director
Federated Youth Foundation
1 South Pinckney Street, Suite 810
Madison, WI 53703
Tel: (608) 258-4405

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Sample News Releases



Charitable Contribution News Release
FOR A PRINTABLE RELEASE CLICK HERE


On (date), (Co-op name) announced the donation of $(dollar amount) to the (charitable organization). This donation, according to (President's name), President of the Board of Directors of the Cooperatives, is an example of (Co-op name)'s commitment to the welfare of the communities it serves. The funds for the donation come from the Cooperative's unclaimed patronage refunds. Since September of last year, (Co-op name) has donated more than $(total donations year-to-date) to local charities and for scholarships. (CEO's name), manager of (Co-op name), states that these donations are an example of the cooperative's commitment to give something back to the community.

These unclaimed patronage refunds that funded this and previous donations are managed by the Federated Youth Foundation (FYF), a non-profit charitable foundation serving cooperatives across Wisconsin. The FYF's mission is to work with its approximately 70 member cooperatives to fund scholarships that will further the education of deserving people and to support charitable activities. The FYF focuses much of its activities on programs for young people. Requests for charitable donations or scholarships through the FYF should be made to (Co-op name).

 

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Scholarship News Release
FOR A PRINTABLE RELEASE CLICK HERE


On (date), (Co-op name) announced the donation of $(dollar amount) in scholarships for local students. Recipients of these scholarships included (recipients' names and hometowns). According to (President's name), President of the Board of Directors, (Co-op name) recognizes the importance of good education and is committed to expanding the educational opportunities for worthy students in our communities. The funds for the scholarships come from the Cooperative's unclaimed patronage refunds. Since September of last year, (Co-op name) has donated more than $(total donations year-to-date) to local charities and for scholarships. (CEO's name), manager of (Co-op name), states that these donations are an example of the cooperative's commitment to give something back to the community.

These unclaimed patronage refunds that funded this and previous donations are managed by the Federated Youth Foundation (FYF), a non-profit charitable foundation serving cooperatives across Wisconsin. The FYF's mission is to work with its approximately 70 member cooperatives to fund scholarships that will further the education of deserving people and to support charitable activities. The FYF focuses much of its activities on programs for young people. Requests for charitable donations or scholarships through the FYF should be made to (Co-op name).

 

 

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Board of Directors      

 

Serving on the Federated Youth Foundation Board of Directors are: (seated left to right) Vice President Marian Trescher, Rock Energy Cooperative; President Herman Seebandt, Clark Electric Cooperative; (standing left to right) Joe McDonald, Vernon Electric Cooperative; Judi Anibas, Eau Claire Energy Cooperative; Secretary-Treasurer David Cooper, FarmFirst Dairy Cooperative; and Gina Tomlinson, Cochrane Co-op Telephone.

Herman Seebandt
President
Clark Electric Cooperative
Neillsville, Wis.
Marian Trescher
Vice President
Rock Energy Cooperative
Milton, WI
David Cooper
Secretary-Treasurer
FarmFirst Dairy Cooperative
Madison, Wis
Judy Anibas
Eua Claire Energy Cooperative
Eau Claire, Wis.
Jeremy Henkels
Landmark Services Cooperative
Cottage Grove, Wis.
Joe McDonald
Vernon Electric Cooperative
Westby, Wis.
Gina Tomlinson
Cochrane Co-op Telephone
Cochrane, Wis.


STAFF

Ethan Giebel
Executive Director
Federated Youth Foundation, Inc.
c/o Cooperative Network

(608) 258-4405
Rose Bartholomew
Accountant
Oakdale Electric Cooperative
Linda Pierce
Administrative
Oakdale Electric Cooperative
Oakdale, WI

 

2017 Strategic Goals
7 new members
$1.4 million in scholarships and charitable contributions
5 to 8 percent annual return on investments
One new education program from the Cooperative Education and Training Fund per year
Administrative expenses at or below 15 percent of annual contributions
Do a member satisfaction survey every two years and receive an overall rating of eight or above on a 10-point scale
Solicit memorial scholarship funds from FYF members and secure commitments and funding for five scholarships
Encourage FYF members to visit with cooperative leaders and their families about establishing an endowment that would give an annual scholarship to a student in their service area. Secure a commitment to establish one scholarship.

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