DATCU and FHLB Dallas to Award $17K Grant to Serve Denton

Check Presentation, 10:00 a.m., Tuesday, August 30

DENTON, Texas--()--Denton-area media outlets are encouraged to join Denton Mayor Chris Watts and representatives from DATCU and the Federal Home Loan Bank of Dallas (FHLB Dallas) for a $17,000 grant presentation to the Serve Denton organization. It will be held at 10:00 a.m., Tuesday, August 30, 2016, at The Wheeler House, 821 N. Elm Street, Denton, Texas 76201. The nonprofit will receive the Partnership Grant Program (PGP) award, which it will use for daily operational expenses and for financial support during the renovation of its Assistance and Event Center.

The PGP provides grants up to $12,000 to community-based organizations (CBO). The funds may be used for research, organizational capacity-building, grant- and funding-application assistance, or contractual services. Through the PGP, FHLB Dallas matches a member’s contribution to a CBO of $500 up to $4,000 at a 3:1 ratio. The grants are offered annually via a lottery system, through FHLB Dallas members. In 2016, FHLB Dallas awarded $225,000 in PGP funds. Combined with the $96,200 contributed by FHLB Dallas’ members, a total of $321,200 was awarded to CBOs to help with their operational needs. For more information, visit fhlb.com.

WHAT:

    Check Presentation
 

WHEN:

10:00 a.m., Tuesday, August 30, 2016
 

WHO:

Chris Watts, Mayor of Denton

Dale Kimble, CEO, DATCU

Pat Smith, Executive Director, Serve Denton

Stan Morton, Board Chair, Serve Denton

Tim Crouch, Board First Vice Chair, Serve Denton

Larry Parker, Board Second Vice Chair, Serve Denton

Priscilla Sanders, Board Past Chair, Serve Denton

Greg Hettrick, First Vice President, Director of Community Investment, FHLB Dallas

 

WHERE:

The Wheeler House
821 N. Elm Street
Denton, Texas 76201

Contacts

Federal Home Loan Bank of Dallas
Corporate Communications, 214-441-8445
www.fhlb.com

Release Summary

Serve Denton will receive a $17,000 grant tomorrow from DATCU Credit Union and the Federal Home Loan Bank of Dallas. Serve Denton will use the grant to lower overhead costs for partner agencies.

Contacts

Federal Home Loan Bank of Dallas
Corporate Communications, 214-441-8445
www.fhlb.com