NEWS

AgCarolina Farm Credit Awards 5K to Food Bank

December 20, 2017 8:14 pm

AgCarolina Farm Credit announced that $33,915 in grants have been extended to eleven organizations, including Food Bank of the Albemarle, through their corporate-giving program, the Fund for Rural North Carolina. The grants will aid recipients in carrying out programs specifically benefiting farmers and rural residents in eastern North Carolina.

Grants up to $5,000 per organization were awarded at a reception held at Rose Hill Plantation in Nashville, NC in one of the four focus areas of Education, Environment, Technology, or Quality of Rural Life. Food Bank of the Albemarle was awarded a $4,775 grant to purchase an electric pallet jack to aid in the collection and distribution of produce donated by local farmers.

“We are incredibly excited to receive this funding from AgCarolina,” said Executive Director Liz Reasoner. “This award will be used to purchase an electric pallet jack which will help increase our operational efficiency, and in turn allow us to feed more people across northeastern North Carolina.”

The new electric pallet jack has the capability of weighing the produce on-site, allowing the Food Bank driver to issue a donation receipt to the grower at the time of pickup, as well as reducing the amount of time spent at each farm. With the capability to weigh produce on location, it can be delivered directly to hunger-relief partners without having to return the product to the Food Bank’s warehouse, increasing efficiency and providing the most nutritious food to those in need.

Association CEO Dave Corum states, “The Fund for Rural North Carolina has awarded over $379,000 in grant funds to benefit the rural and agricultural communities of the AgCarolina Farm Credit service area since 2005. AgCarolina is committed to partnering with organizations to enhance the quality of life and opportunities for rural residents of eastern North Carolina.”

AgCarolina Farm Credit is a farmer owned financial cooperative with headquarters in Raleigh. They are the leading provider of credit to farmers in central and eastern North Carolina. AgCarolina Farm Credit has over $1.4 billion in loans and commitments outstanding to nearly 3,000 North Carolina farmers. Loans are made to finance land, homes, farm buildings, operating expenses, livestock and equipment, as well as other purposes. Credit life insurance, appraisal services, and leasing are also available through AgCarolina Farm Credit.

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