Lockheed FCU Launches Charitable Nonprofit Org.

Published January 28, 2008, 1:00 a.m. EST

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Updated August 27, 2020, 1:26 a.m. EDT

1 Min Read

BURBANK, Calif. - Lockheed FCU has launched the LFCU Community Stars Foundation, a 501(c)(3) charitable nonprofit organization. LFCU said the foundation was developed by its employees and was started to provide support to charities selected by LFCU employees through financial donations and volunteerism.

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LFCU employees can make contributions to the chosen charities through regular payroll deductions and are able to volunteer during their normal work hours. Every year, LFCU Community Stars will select which charities to support, with final decisions being made by the foundation’s board comprised of LFCU employees.

LFCU also offers a donation-matching program for employees who make contributions through payroll deduction. The four charities that were selected by the foundation for 2008 are the Burbank Temporary Aid Center, Penny Lane, the Santa Clarita Valley Senior Center and the weSPARK Cancer Support Center. (c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

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