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Nonprofits

JM23 Foundation in Gilbert gets grant from OneAZ Credit Union

Posted 12/31/69

The JM23 Foundation, a children's health nonprofit in Gilbert, is among the organizations that has received a  community impact grant from  OneAZ Credit Union.

The credit union awarded …

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Nonprofits

JM23 Foundation in Gilbert gets grant from OneAZ Credit Union

Posted

The JM23 Foundation, a children's health nonprofit in Gilbert, is among the organizations that has received a  community impact grant from  OneAZ Credit Union.

The credit union awarded $110,000 in grants to 22 Phoenix-area nonprofit organizations as part of its community impact grant program. Each organization will receive $5,000 toward a program or initiative that supports one of OneAZ’s Five Pillars  — children's health, food banks, financial education, veterans’ interests, and local youth orograms.

The JM23 Foundation was founded in honor and memory of Jacob Medina, who lost his battle to leukemia in May 2020.  During Jacob's  chemotherapy protocols it was his goal to help children and their families while they were also battling cancer, according to the foundation's website.

“We’re incredibly excited and humbled that we’re able to help so many nonprofit organizations in the Phoenix area this year,” Brandon Michaels, OneAZ president and CEO, said in a release. “We recognize that there is tremendous need in the Phoenix area and we’re grateful these organizations are creating meaningful change in their communities. The only reason we’re able to give back at such a tremendous rate is because of our membership. Together, they’re helping us build a brighter future for all Arizonans.”

2023 marks a record-breaking year for the OneAZ Community Foundation’s  grant program. This year, OneAZ is providing $330,000 in community impact grants to 66 Arizona nonprofit organizations. Since 2016, the OneAZ Community Foundation has supported 138 Phoenix-area nonprofits with $384,500 in donations. 

Funding for the community impact grant program is made possible in large part due to OneAZ members’ debit card usage. Each time a member uses their OneAZ debit card for a purchase, OneAZ donates one-cent to the foundation. This means that Phoenix-based members were directly responsible for helping OneAZ to support the organizations that have received donations.