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The MCU Foundation Donates $100,000 to Support The Bowery Mission's Community Service Efforts

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NEW YORK, May 19, 2025 ~ New York City - The MCU Foundation, the charitable arm of Municipal Credit Union (MCU), has announced a generous donation of $100,000 to support The Bowery Mission's ongoing efforts to provide essential resources to New Yorkers in need. The donation was presented by members of the MCU Foundation board and officers to The Bowery Mission's President & CEO James Winans and Chief Development Officer Karl Chan on May 12, 2025.

The contribution highlights MCU's commitment to reinvest in the well-being of New Yorkers by extending vital support to individuals and families facing financial strain. As a credit union deeply rooted in the city it serves, MCU is dedicated to empowering its neighbors and building stronger communities across all five boroughs.

"We are proud to continue strengthening local partnerships that allow us to give back to the community we serve," said George Chacon, President of the MCU Foundation. "With many of our members and employees living and working across all five boroughs, we understand the importance of supporting our neighbors in need. This donation will play a critical role in helping New Yorkers break the cycle of poverty and achieve lasting financial stability."

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Kyle Markland, Chief Executive Officer of Municipal Credit Union, echoed this sentiment, stating that "this partnership aligns perfectly with MCU's core mission to support New Yorkers by addressing fundamental needs first." He added that as a credit union with deep roots in the city, they are committed to being more than just a financial institution - they are also a neighbor and partner in building stronger communities.

In addition to the monetary donation, the MCU Foundation has also offered volunteer opportunities for MCU employees with The Bowery Mission. These opportunities will focus on community service and engagement, allowing employees to directly assist their fellow New Yorkers in need.

"We appreciate the helping hand extended from our neighbors and partners at the MCU Foundation," said James Winans, President & CEO of The Bowery Mission. "This donation and commitment to community service will help The Bowery Mission as it meets essential needs and creates a transformative community with men, women, children, and families in New York."

The Bowery Mission has been a beacon of hope for countless New Yorkers facing challenging circumstances. Each meal and act of service is an opportunity to instill hope for a better future - one where individuals can rejoin the workforce and find a home. The partnership between the MCU Foundation and The Bowery Mission plays a crucial role in helping the organization continue its mission to equip New Yorkers for a better life.

For more information about the MCU Foundation's initiatives, please visit https://mcufoundation.nymcu.org/.
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