Foundation

One Act. Big Impact. The Raffle That Gives Back.

Words by Abbie Dyer on Jul 17, 2024 9:45:47 AM

There’s power in all of us to make a positive impact in our communities. While one person can inspire change, the collective work of many people can start a movement. And this is the focus behind the Lake Trust Credit Union Foundation Raffle.

The Lake Trust Credit Union Foundation is a 501(c)(3) nonprofit organization dedicated to enhancing wellbeing in Michigan communities. To date, we’ve awarded a cumulative total value of over $1.8 million in scholarships, given more than $690,000 in community grants, and provided over 616,000 meals to those in need in our state.

By channeling the power of community through the Lake Trust Credit Union Foundation, we can work together to make an even bigger impact.

Focus of the Foundation

Through the Lake Trust Credit Union Foundation, we focus on wellbeing through the following areas of impact: Empowering entrepreneurs; enabling youth to thrive; fostering economic equity; supporting attainable and secure housing; and strengthening Michigan communities. To do this, our nonprofit provides grants and donations to support other local nonprofit groups and community projects that align with our areas of focus. The Lake Trust Credit Union Foundation also awards yearly scholarships to support students who wish to attend college or a trade school.

To further enhance our mission to support wellbeing in Michigan, the Lake Trust Credit Union Foundation launched an ongoing Raffle in October 2023. A portion of the proceeds from the Raffle support the work of our nonprofit, making it possible to give back to more organizations and community-based projects across the state.

How the Raffle Works

If you’re a Lake Trust member, you could win up to $20,000 when you purchase a Raffle ticket!1 To purchase tickets for $20 each, visit any Lake Trust branch during any Raffle period. Then tune in on the drawing date to see if you’re a winner. The maximum amount of $20,000 can only be won if all 3,000 tickets are sold within the Raffle period. See official House Rules for more details.

And visit the Raffle page on our website for more information about when the next Raffle takes place.

List of Winners

So far, the Lake Trust Credit Union Foundation has hosted three Raffle drawings. The winners of these drawings included:

Name Winnings Branch Drawing Date
Maderia Q. $12,441 DeWitt December 12, 2023
Kathryn S. $15,840 Okemos March 13, 2024
Rand R.  $10,553 DeWitt June 12, 2024

If you buy a Raffle ticket, you might be the next winner!

Other Ways to Support the Foundation

In addition to purchasing Raffle tickets (when available), you can also support the Lake Trust Credit Union Foundation by giving a donation at any time.2 Visit laketrust.org/foundation/#donate to donate online. Or send a check or money order to:

Lake Trust Foundation
4605 S Old US Highway 23
Brighton, MI 48114

And if you own a business or like to golf, consider contacting us about participating in or sponsoring the annual Lake Trust Credit Union Foundation Golf Invitational. This yearly event takes place at Barton Hills Country Club in Ann Arbor, bringing together supporters of our nonprofit as well as community and business partners. Check out our 2023 impact report to learn more about the work of the Lake Trust Credit Union Foundation.

Together, we can help more individuals and families in Michigan thrive.

1PRIZE DETAILS: Winner awarded 33.3% of the total proceeds of all ticket sales collected during the Raffle Period preceding each Drawing Date. Top Prize amount of $20,000 based on the sale of 3,000 tickets. One Prize awarded for each Drawing Date. Need not be present to win.

Limited to Michigan residents 18 years or older. Lake Trust Credit Union membership is required. Lake Trust Credit Union employees, contract employees, immediate family and board members are not eligible. Other restrictions/exclusions apply. See House Rules for more information.

Raffle Sponsor: Lake Trust Credit Union Foundation

MI LICENSE#: C31482

 

2The Lake Trust Foundation is a registered 501(c)(3) organization EIN: 45-5332078. Donations are tax deductible as permitted by law.

 

Topics: Foundation

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