“The Richard Myles Johnson Foundation generates and
prudently administers funds to perpetuate education for
the benefit of the credit union movement.”
- Mission Statement

The Richard Myles Johnson Foundation has a commitment to education that develops leaders and financially sound consumers. The Foundation provides educational scholarships and scholarships to credit union staff and volunteers. The Board of Directors establish parameters for disbursing scholarships and scholarships based upon the overall benefit to the credit union movement.

Scholarship eligibility is based upon the applicant’s need for funding, relevance of the training to the applicant, the applicant’s own pursuits of education, and the applicant’s involvement in the credit union community. An application process is administered for the fair and equitable funding of educational training.

Below is the established matrix for evaluating maximum allowable benefit. Unique circumstances such as credit union financial hardship may result in scholarship awards beyond the guidelines listed below.

Asset Categories Maximum Annual Benefit per Chapter Year

These guidelines are subject to modification at any time and are contingent upon the availability of funds. The Foundation disburses scholarship funds following completion of conference/seminar and verification of attendance.

Funding Educational Programs

• Seminars and conferences sponsored by the California Credit Union League
• Job related training session provided by outside vendors
• Western CUNA Management School
• CCUL Affiliates, Affinity Group, and Network conferences
• CCUL Professional Networks annual dues
• CUNA correspondence studies (i.e. STAR, VAP Merit)
• Seminars and conferences sponsored by CUNA
• Seminars and conferences sponsored by the National Federation of Community Development Credit Union

Funding of Travel

A portion of travel expenses may be funded through the Foundation for credit unions with less than $25 million in assets. Expenses for travel generally not to exceed $500.

Click here for a scholarship application (.PDF)