Federated Youth Foundation (FYF) is a Wisconsin non-profit organization organized under Chapter 181, exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code. The mission of FYF is:

1. To solicit and receive unclaimed property funds, gifts and donations from individuals and cooperatives, credit unions and mutual insurance companies;

2. To award organization funds as scholarships and charitable contributions;

3. To act as trustee and efficient manager for member organization funds, providing for investment growth within a reasonably secure investment policy; and

4. To foster statewide cooperative education efforts.

Federated Youth Foundation is a Wisconsin non-profit organization, exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code. FYF is here to serve your cooperative, credit union or mutual organization if operating in the state of Wisconsin. Contributions received from Foundation members are accounted for separately under the name of that cooperative, except for that portion of a contribution the donor places in a general fund, known as the Cooperative Education and Training Fund.

Your cooperative has the right to forfeit its unclaimed funds for use in your community or for worthy statewide causes. Has your cooperative been exercising this right?

If not, the Federated Youth Foundation (FYF) can assist you with the procedure necessary to take advantage of this opportunity, and will, at nominal costs, administer your funds and distribute them at your request for scholarships or charitable purposes.

Federated Youth Foundation is a vehicle for receiving unclaimed property, gifts, and donations from individuals and cooperatives, credit unions, and mutual insurance companies.

The Foundation is administered by Cooperative Network. Under a custodial agreement with M&I Trust Company, Madison, funds are invested and earnings are used to pay administrative expenses. Remaining earnings are allocated to the Cooperative Education and Training Fund to fund special projects approved by the board to foster statewide cooperative education efforts up to $20,000 AND the rest is allocated to member accounts based on average quarterly balances.

The Foundation is governed by a board of seven directors, elected by the membership.

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The Foundation simplifies the handling of unclaimed property for members. Because of its tax exempt status and professional administration, FYF protects contributing organizations from potential legal and administrative problems regarding distribution of unclaimed property. Cooperatives have the option of designating funds for local charitable purposes (with FYF board approval).

By pooling the funds of many organizations, Wisconsin cooperatives will be able to achieve statewide educational and charitable objectives that would not otherwise be possible.

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Local co-ops may deposit funds in individual accounts to be used as awards for scholarships and charitable purposes. Guidelines for selecting scholarship recipients have been developed and are available for member use.

The Cooperative Education and Training fund is a general fund established to finance statewide programs in the areas of education, charitable purposes, and rural cooperative development. The fund is administered by the FYF board of directors.

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Charitable Contribution News Release
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On (date), (Co-op name) announced the donation of $(dollar amount) to the (charitable organization). This donation, according to (President's name), President of the Board of Directors of the Cooperatives, is an example of (Co-op name)'s commitment to the welfare of the communities it serves. The funds for the donation come from the Cooperative's unclaimed patronage refunds. Since September of last year, (Co-op name) has donated more than $(total donations year-to-date) to local charities and for scholarships. (CEO's name), manager of (Co-op name), states that these donations are an example of the cooperative's commitment to give something back to the community.

These unclaimed patronage refunds that funded this and previous donations are managed by the Federated Youth Foundation (FYF), a non-profit charitable foundation serving cooperatives across Wisconsin. The FYF's mission is to work with its approximately 70 member cooperatives to fund scholarships that will further the education of deserving people and to support charitable activities. The FYF focuses much of its activities on programs for young people. Requests for charitable donations or scholarships through the FYF should be made to (Co-op name).

Scholarship News Release
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On (date), (Co-op name) announced the donation of $(dollar amount) in scholarships for local students. Recipients of these scholarships included (recipients' names and hometowns). According to (President's name), President of the Board of Directors, (Co-op name) recognizes the importance of good education and is committed to expanding the educational opportunities for worthy students in our communities. The funds for the scholarships come from the Cooperative's unclaimed patronage refunds. Since September of last year, (Co-op name) has donated more than $(total donations year-to-date) to local charities and for scholarships. (CEO's name), manager of (Co-op name), states that these donations are an example of the cooperative's commitment to give something back to the community.

These unclaimed patronage refunds that funded this and previous donations are managed by the Federated Youth Foundation (FYF), a non-profit charitable foundation serving cooperatives across Wisconsin. The FYF's mission is to work with its approximately 70 member cooperatives to fund scholarships that will further the education of deserving people and to support charitable activities. The FYF focuses much of its activities on programs for young people. Requests for charitable donations or scholarships through the FYF should be made to (Co-op name).

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