Compeer Financial’s Fund for Rural America, the Farm Credit cooperative’s giving program, has awarded 73 Farmers Market Grants, totaling $64,970, including a grant to the Sun Prairie Farmers Market.
The year 2020 is the third year Compeer Financial has offered the grants.
Supporting 60 farmers market organizations, the grants offer funding up to $1,000 for marketing, technology or educational efforts. Ten of those farmers markets are located in the metropolitan areas of Cook County, Ill., Hennepin County, Minn. and Milwaukee County. Three of the urban markets serve communities designated as food deserts.
Grants to farmers markets will directly impact 2,118 people and impact 1.6 million people through the communities they serve. Thirteen farmer vendors also received up to $500. The Fund will offer this grant again in the fall to provide funding for 2022.
Sun Prairie Farmers Market, and DeForest Farmers Market and 71 other markets across Wisconsin received grants.
“Farmers markets bring fresh, healthy foods directly to communities in an accessible way,” said Karen Schieler, senior corporate giving specialist at Compeer Financial. “Many markets have had to make changes and navigate the challenges presented during the pandemic. Through these grants, we hope to recognize the huge asset that farmers markets are to our communities – rural, suburban and urban alike.”
The Compeer Financial Fund for Rural America is the corporate giving program of Compeer Financial, structured to support Compeer Financial’s mission to enrich agriculture and rural America.
Compeer Financial’s Board of Directors has dedicated one percent of annual net earnings to support the Fund’s focus areas of agricultural advocacy and development, agriculture education, cooperative initiatives, rural development and community enrichment; and youth engagement.
The fund is managed by a board of trustees, made up of team members from Illinois, Minnesota and Wisconsin and members of the Compeer Financial Board of Directors.
More information about opportunities available through the fund can be found at Compeer.com/giving-back.
With an office located at 2600 Jenny Wren Trail in Sun Prairie’s Smith’s Crossing neighborhood, Compeer Financial is a member-owned Farm Credit cooperative serving and supporting agriculture and rural communities.