Coast Guard Mutual Assistance 2015 Fundraising Campaign When we work together, it works.

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Presentation transcript:

Coast Guard Mutual Assistance 2015 Fundraising Campaign When we work together, it works.

What is CGMA?  CGMA exists to help you, your shipmates, and co-workers in times of need  CGMA has provided more than $174 million in assistance  CGMA strives to promote financial stability and general well- being throughout the Coast Guard community  CGMA is an independent, non-profit organization dedicated to providing financial assistance to the Coast Guard family  CGMA traces its history back to 1924 – over 90 YEARS!

Who is eligible for assistance?  Active Duty  Retired Military  Reserve  Auxiliary  Civilian & NAF Employees  Public Health Service Officers serving with the Coast Guard

How does CGMA help?  Interest-free loans  Personal grants  Education assistance grants & loans  Newborn baby supplies  Free, confidential financial counseling and referral services

What circumstances may qualify ?  Unexpected financial and personal loss  Pay, allotment, and travel claim problems  Major vehicle repair  Housing needs  Debt issues  Emergency travel  Unanticipated medical bills  Education needs  Emergency pet expenses

CGMA 2014 Highlights  Over 3,900 loans & grants more than $3.2 million ∙ $377,000 in SEG Grants ∙ $130,000 in Quick Loans

New & Expanded Programs  PCS Incidentals Loan up to $1,000  Service Animal Loan up to $6,000  Supplemental Education Grant (SEG) now for any degree program–$350 per client  Education Loan increased to $3,000

Adoption Program  In support of Coast Guard families adopting ∙ up to $1,000 grant for home study expenses ∙ up to $6,000 loan for adoption expenses

Command Financial Management Training  Budgeting, savings & debt  Available for any unit by contacting CGMA-HQ  Sponsored (paid for) by CGMA  Members who need one on one counseling are eligible for individual sessions, debt management programs, and housing counseling through CGMA’s agreement with the NFCC ∙

2014 Assistance by Client Type

 2015  CGMA Annual Campaign April is CGMA month!

Why hold an annual fundraising campaign?  The campaign helps raise awareness about the variety of programs and services available  Without an annual infusion of funds, CGMA would eventually be unable to provide assistance

How is CGMA funded?  CGMA is funded through: ∙ individual contributions ∙ return on investments  CGMA receives no funding from the government

Why give to CGMA?  CGMA is donor sustained  Future assistance depends on your contributions  CGMA is the only relief society devoted solely to helping Coast Guard people “CGMA works because it allows all of us to pull together...” - Admiral Paul F. Zukunft

How does my dollar help?  For every dollar donated in 2014, CGMA provided $1.87 in assistance and programs  Additional assistance funds come from loan repayments and return on investments

 The bulk of assistance is provided through interest-free loans  As loans are paid back, funds are reissued to other Coast Guard Members in need of assistance  Grants may be given in cases when there is no realistic means to pay back a loan

 Programs deliver much needed services:  Education grants for school supplies and books  Reimbursements for education loan origination fees  Newborn supplies  Respite care to those in primary caretaker positions  Professional financial-management counseling

 CGMA is able to operate at minimal administrative cost with only 7 employees and over 400 volunteers

How can I help? Donate to support the work of CGMA  Allotment and Payroll Deductions  Check  Credit Card Complete your CGMA Pledge Form and Return it to your CGMA Key Worker

Where can I get more information?  Visit  Contact your local CGMA Representative (Representatives listed online)  Contact CGMA Headquarters: Toll free call:

Your Key Worker/ Campaign Coordinator: Insert name Insert phone #

CGMA relies on your donations Let’s work together—please consider how you will support this good work!