Human Services

We Share A Common Thread Foundation Inc

aka Jeanne D'Arc Credit Union - We Share A Common Thread Foundation

LOWELL, MA

Mission

The mission of Jeanne D'Arc Credit Union's We Share A Common Thread Foundation is to help support the people in our community by providing assistance with food, shelter, clothing, health, and education.

Ruling Year

2012

President and Chief Executive Officer

Mark Cochran

Main Address

1 TREMONT PL

LOWELL, MA 01854 USA

Keywords

Community partnerships through food, shelter, clothing, health, and education

EIN

45-2916988

 Number

8361311667

Cause Area (NTEE Code)

Fund Raising and/or Fund Distribution (P12)

Fund Raising and/or Fund Distribution (L12)

IRS Filing Requirement

This organization is required to file an IRS Form 990-PF.

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Programs + Results

What we aim to solve New!

Within our field of membership, we assist those of modest means. Many of our members utilize organizations within our communities that provide assistance with food, shelter, clothing, health, and education. By providing monetary, as well as volunteering at small local non-profits, we can continue to support those organizations who provide the services needed to the less fortunate.

Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

Give-a-Click

Where we workNew!

Charting Impact

Five powerful questions that require reflection about what really matters - results.

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have and haven't they accomplished so far?

We Share a Common Thread is more than just a tagline, it is more than our Foundation, it is the core of all that we do. By supporting the people and businesses in our communities, we connect and support one another. When this happens communities grow and thrive. Through “small Acts with BIG Impact”, we aim to keep our focus on small local charities that give back to our neighbors. We focus on charities who align with our mission of offering assistance with food, shelter, clothing, health, and education, by providing them with financial support and bringing awareness to their organization. Additionally, when appropriate, we mentor young non-profit organizations to help them make strong connections in our community.

Through “small Acts with BIG Impact”, we focus on smaller local non-profit organizations who do not receive press and large endowments. These organizations are often largely volunteer run and locally funded yet their reach into the community is deep and meaningful. Our Give-A-Click program highlights 3 non-profit organizations on our website who are vying to win $1,500 from our Foundation. This quarterly program is promoted through our social media, press releases and member emails. Members, non-members and the community at large are asked to visit our website and vote for the non-profit organization that they feel is most deserving. In addition to potentially winning $1,500, they receive free marketing to a larger audience with the potential for new donors to the organizations. Our monthly Casual for a Cause program highlights 1 local non-profit organization. Employees are asked to make minimum monetary donation of $5.00 to the non-profit chosen in exchange for a casual day.

Our Foundation is in a strong position to continue meeting our goals because of the commitment made each year by Jeanne D’Arc Credit Union. Annually we hold a fundraiser. The funds raised through our event are redistributed immediately back into the community, to small local non-profit organizations on our radar. Checks ranging in the amount of $250 to $1,500, are mailed unsolicited to organizations who are pleasantly surprised by our unprompted donation. Again focusing on our “small Acts with BIG Impact” philosophy. Monthly, the Foundation board meets to review requests and funds are dispersed accordingly.

Being such a close collaborator with our community partners, we get first hand testimonials on how our funds are changing the lives of their patrons and clients. The Foundation success is the community’s success.

The We Share A Common Thread Foundation is only seven (7) years young but has become a major collaborator with many of the small local non-profit organizations in the Merrimack Valley. The Credit Union employees participate on numerous boards and have volunteered over 40,000 hours to the community at large over the past five years. Since 2012, our annual Fundraiser has distributed 323 checks to small local non-profit organizations. Strengthening the common thread that ties us all together, the future goal of our Foundation is to continue to be a resource to small local non-profit organizations and community groups. Initiating new programs and connecting non-profits together that can help benefit each other through their respective missions.

External Reviews

Financials

We Share A Common Thread Foundation Inc

Fiscal year: Jan 01 - Dec 31

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Operations

The people, governance practices, and partners that make the organization tick.

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Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Not Applicable

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Not Applicable

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Not Applicable

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Not Applicable

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

Not Applicable