The Nationwide Foundation has awarded a grant of $60,000 to the Cooperative Development Foundation (CDF) to support start-up cooperative business associations as well as general operating expenses.
“Nationwide Insurance Foundation’s generous support allows CDF to build capacity, leverage resources and raise public awareness about cooperatives,” said CDF President Leslie Mead.
Nationwide Foundation is an independent corporation funded by contributions from Nationwide companies. Since 2000, it has given more than $345 million to non-profit organizations. Nationwide, an NCBA CLUSA member, is based in Columbus, Ohio and is one of the largest insurance and financial services organizations in the world.
The Cooperative Development Foundation is a 501(c)(3) non-profit foundation headquartered in Washington, D.C. CDF’s mission is to promote community, economic and social development through cooperative enterprises.