Desk Drawer Fund
A Foundation Supporting the MSUFCU and OU Credit Union Communities
Our Story
In 1937, eight faculty members of the Michigan State College of Agriculture and Applied Science founded the credit union and operated out of a desk drawer. A mere eight people, $3,000 in assets, a few folders shuffled into a drawer, and a singular goal: to help members achieve their dreams.
We have come a long way over the years. Drawers became filing cabinets, and filing cabinets became expansive online databases. We expanded to add Oakland University Credit Union, became the third largest credit union in Michigan, and reached a total of $4.2 billion in assets. Yes, much has changed. But our core values haven't. Since our founding, we have made our community a top priority. In 2018, our employees raised $231,780 for our charity partners and devoted 4,750 hours to volunteering for local organizations.
Now, after 81 years, it is time to reaffirm our commitment to the community. We have not forgotten the days of the desk drawer. We have not forgotten what it is like to start from nothing, guided by a common dream. We are excited to continue empowering those in our community to achieve their own goals just as we did all those years ago, out of a single desk drawer.
Impact of Our Employees
Philanthropy
The Desk Drawer Foundation focuses on five philanthropic pillars:
Arts & Culture
Supports theater, the visual arts, and artists to establish and promote creativity.
Stable Housing
Ensures support for all community members in securing reliable and safe shelter.
Empowering Youth
Removes barriers for youth to share their ideas and empowers future leaders.
Financial Education
Engages and educates community members to take charge of their finances.
Fostering Entrepreneurialism
Empowers and educates entrepreneurs to develop skills and explore programs.
How To Give
Through the Desk Drawer Fund you have the opportunity to contribute to the public good and make a positive impact in our own hometown.
Donation Form
Set up a one-time donation to the Desk Drawer Fund. Your donation is tax deductible and you will receive a receipt.
Statement from the Executive Director
"The Desk Drawer Fund was established to further our dedication to our local community. MSUFCU has been a pillar of philanthropy, and we will continue to lead the way in encouraging investment in our community. We’re excited to continue empowering those in our community to achieve their own goals."
Whitney Anderson - Harrell
Desk Drawer Fund Executive Director
MSU Federal Credit Union Chief Community Development Officer
Board of Directors
Angela W. Brown
Chair
Gregory Deppong, CPA
Vice Chair
Ernest Betts, Ph.D.
Treasurer
John R. Brick, Ph.D.
Susan Carter, J.D.
Secretary
Michael Hudson
Steven J. Kurncz
Janet Lillie, Ph.D.
Bill Beekman
Frequently Asked Questions
Can I apply to get funds for my nonprofit from the Desk Drawer Fund?
Yes, if you are a part of a nonprofit and are interested in applying please visit MSUFCU Community Involvement.
I donated, how will I receive a receipt for my donation?
If you donate in a branch, you will receive a receipt at the time of donation. If you donate by mail, you will receive a receipt within 4-6 weeks for one-time donations.
If I donate to the Desk Drawer Fund, do I have an opportunity to weigh in on what local organizations are supported?
Donated funds will be dispersed throughout our five philanthropic pillars. The Desk Drawer Fund welcomes donation requests to benefit nonprofits in the MSUFCU and OU Credit Union communities. If there is a nonprofit you are a part of, please submit a request on behalf of the nonprofit at MSUFCU Community Involvement.
Why should I give to this foundation and not directly to another charity?
Desk Drawer Fund welcomes members of the MSUFCU and OU Credit Union communities to support our local communities through the Desk Drawer Fund. The Desk Drawer Fund focuses on five philanthropic pillars: Arts & Culture, Stable Housing, Empowering Youth, Financial Education, and Fostering Entrepreneurialism. Donations to the foundation will go to supporting these five pillars and provides the means to give back to your local community.
Are the funds I donate tax-deductible?
The Desk Drawer Fund (the “Charity”) has applied for IRS recognition of its exemption from federal income tax pursuant to Section 501(c)(3) of the Internal Revenue Code. Upon the IRS granting recognition of the Charity's exemption, the Charity anticipates that any contributions to the Charity made on or after October 18, 2018, will be tax deductible to the fullest extent allowed by law. No goods or services will be provided by the Charity in return for the contribution. Please consult your tax advisor as to the deductibility of the contribution.
Why did you not support my selected charity when I am a donor?
Desk Drawer Fund welcomes all donation and sponsorship requests from local nonprofits. If you would like a nonprofit to be reviewed for monetary or in-kind support, please have the nonprofit complete a donation request form at MSUFCU Community Involvement.
Where will my donated funds go?
The funds will be distributed among the five pillars; Arts & Culture, Stable Housing, Empowering Youth, Financial Education, and Fostering Entrepreneurialism.
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