08/01/10 — AgCarolina grants available

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AgCarolina grants available

By Dennis Hill
Published in News on August 1, 2010 1:50 AM

AgCarolina Financial is accepting grant applications through its corporate-giving program, The Fund for Rural North Carolina.

Grants are available up to $5,000 per organization for programs that specifically benefit farmers and rural residents. Applicants may request funding in one of the four focus areas: education, environment, technology or quality of rural life.

Grants will be considered for programs only in the 34 county geographic area in which AgCarolina conducts business. The grants will be group or organization based and will not be given to individuals.

"Through our corporate-giving fund, we can impact a broad spectrum of organizations in our service area that support rural North Carolina," said Gene Charville, the association CEO. "At the same time, the grant program reinforces the commitment that AgCarolina Financial has for enhancing the quality of life and future opportunities for eastern North Carolina rural residents and their communities."

To learn more about the Fund for Rural North Carolina and to obtain guideline criteria, go to www.agcarolina.com, select news, community involvement. Grant applications are available on-line and will be accepted through Oct. 15. Proposals will be reviewed and grants awarded as early as possible after Oct. 15.

AgCarolina Financial is a farmer-owned financial cooperative with headquarters in Raleigh. It is the leading provider of credit to farmers in central and eastern North Carolina.

AgCarolina Financial has over $1.2 billion in loans and commitments outstanding to nearly 3,000 North Carolina farmers. Loans are made to finance land, homes, farm buildings, operating expenses, livestock and equipment, as well as other purposes.