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Tell me about the endowment fund that Heritage Credit Union offers...

The Richard J. McGrath Endowment Fund was created in 2007 as a way to honor our longtime voluntary board member, Dick McGrath. The purpose of this fund is to provide small grants for local social organizations in the communities served by Heritage Credit Union branches. 

Applications are accepted from July 1 to August 31 each year, and recipients are chosen by November 1.

Since the fund was established, Heritage has donated over $85,000.

How does the process work?

Any community organization can apply for the endowment fund. Click the button below to get started online.

Or, fill out and submit a paper application to your closest branch.

Who have we recently awarded funds to?

Deserving community groups receive monetary rewards. These organizations include but are not limited to food pantries, senior citizen organizations and communities, school and family improvement groups. 


Here's a list of our 2021 Recipients:

Madison, WI

  • Affordable Dental Care
  • NewBridge Madison
  • BSP Free Clinic, Inc. 
  • Norski Nibbles

Sauk City, WI

  • Leah's Ladies
  • River Arts, Inc. 
  • Heights Unlimited Community Resource Center

Chetek, WI

  • NAMI Expansion
  • Birchwood Area Food Pantry

Ladysmith, WI

  • Rusk County Lighthouse
  • Rusk County Historical Society
  • WI Prevail Youth Development and Prevention Program

Phillips, WI

  • Phillips Fire Department

Milwaukee, WI

  • Wisconsin Veterans Network (VetsNet)

Galesburg, IL

  • Society of St. Vincent De Paul
  • Grace Lutheran Church Little Food Pantry

Rockford/Machesney Park, IL

  • Habitat for Humanity of Boone County
  • Rock House Kids
  • Parker Center Backpack Ministry of Machesney Park

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