Texas Farm Credit Pays Passion Forward
The Texas Farm Credit Board of Directors has challenged the rural lending co-op to give back 2 percent of its annual net income to charitable causes this year. As part of that challenge, the board has encouraged employees to volunteer at least two paid days annually with private or public nonprofit community organizations.
For an organization that had $20.4 million in net income last year and a longstanding history of community service, that could mean a significant monetary and time donation in 2017.
“We’re not just located in the communities we serve, we are a part of those communities,” said Board Chairman Jerry Chappell. “By impacting the folks in the places that we all live, we can pay our passion forward and help change lives, foster a sense of appreciation, and build lifelong relationships that mean much more than a profit.”
Volunteerism will include relief efforts for communities impacted by natural disasters or devastating events, youth education and scholarships, sponsorships, and education and research.
For 2017, the board particularly emphasizes giving to organizations that support veterans and first responders as well as continuing the co-op’s efforts of giving to educational and agricultural communities.
Texas Farm Credit finances agricultural operations, agribusinesses and rural real estate. Headquartered in Robstown, it serves 100 Texas counties and has lending offices in Athens, Bandera, Beaumont, Bonham, Brenham, Clarksville, Fairfield, Gainesville, Hebbronville, Nacogdoches, Paris, Pleasanton, Raymondville, Robstown, San Antonio, Sulphur Springs, The Woodlands, Tyler, Uvalde and Weslaco. It is part of the nationwide Farm Credit System, a network of rural financing cooperatives established in 1916.
To learn more about Texas Farm Credit’s Passion Forward Mission, go to https://youtu.be/BNQE58PGi4w.