Editorial: A generous use of tax reform

Editorial: A generous use of tax reform

Set aside for just a minute any political debate over the recently passed tax reform legislation. Wise and caring people can still disagree. But given that reform is a reality we have to acknowledge the remarkable generosity and good corporate citizenship of CUNA Mutual’s use of its additional dollars from reform.

Rather than bank the dough, or use it for any number of likely company needs, CUNA Mutual added it to an unprecedented $20 million contribution to its charitable foundation. As a result, some of the impact of federal tax reform will be addressing the economic and equity issues facing our community, the community CUNA Mutual Headquarters calls home.

CUNA Mutual’s Foundation already contributes some $2 million a year to local charities and nonprofits. Imagine the difference it will make with this extraordinary contribution. What a wonderful example of doing good while doing well.

Editorial: A generous use of tax reform