CELEBRATING FARM CREDIT EAST STEWARDSHIP MILESTONES
Congratulations to Farm Credit East Cares on 10 Years of Giving Apart from the significant contributions Farm Credit East Cares has made to local communities over the last 10 years, one of the most notable attributes of the program is that it was employee initiated. During the fall of 2011, the Northeast farm community was hit hard by tropical storms Irene and Lee. At the time, there was nothing in place to provide assistance to agricultural producers and rural communities impacted by natural disasters — and a number of staff spoke up. Farm Credit East and CoBank each committed $100,000 as initial seed funding for Farm Credit East Cares. In its first year, the program donated $143,500 to farm families impacted by the Irene and Lee disasters and to organizations providing assistance to those impacted by the disasters. Since that time, Farm Credit East Cares has continued through the generous contributions of Farm Credit East employees, matched by the association thanks to the support of the Farm Credit East board of directors. At the end of each year, barring no natural disasters or other events, those employees who contributed, select the local organization to receive funds. In 2020, Farm Credit East Cares made special COVID-19 donations to support rural community relief efforts in the amount of $144,000. Since the program’s 2011 inception, Farm Credit East Cares has contributed more than $854,000 to various Northeast charities and disaster relief efforts.
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FINANCIAL PARTNER