Rathbun Regional Water Association has received a $5,000 grant from CoBank, a member of the Farm Credit System, which provides financial services to agribusinesses and rural power, water and communications providers in all 50 states and to more than 70,000 rural borrowers in 23 states.
RRWA CEO, John Glenn, says the grant will support the Rathbun Land and Water Alliance's activities aimed at protecting Rathbun Lake, which is RRWA's only source of raw water for the Association’s water treatment plant.
“The CoBank funds will be used together with RRWA's contribution of $10,000 to support the Alliance's Rathbun Lake Protectors' landowner outreach program,” Glenn explains.
The grant is part of CoBank’s Sharing Success charitable contribution program — a matching grant awarded to its cooperative customers for non-profit organizations such as Rathbun Regional Water Association.
“Shared success is a hallmark of the cooperative business model,” said Robert B. Engel, CoBank’s president and chief executive officer. “Throughout rural America, cooperatives of all sizes are working not only to provide value to their members but to improve the quality of life in their local communities. We’re delighted that Rathbun Regional Water Association has taken advantage of the Sharing Success program and that they are using it to support such a worthy cause.”
Headquartered out of Denver, Colo., CoBank will accept applications for the matching grant program through Dec. 31 or until the $3 million matching fund is exhausted, whichever comes first.