Operation Round Up®
Operation Round Up® FAQ's
As a member of Beltrami Electric Cooperative, starting in mid-2016, you will have a opportunity to make a difference by participating in the Operation Round Up® program. The concept behind the Operation Round Up® Program is to extend the principle on which electric cooperatives were built over 60 years ago -- neighbor-helping-neighbor -- and as a Touchstone Energy® Cooperative to follow one of the core principles which is Concern for Community. "Small change that changes lives," is the foundation upon which Operation Round Up® was built. Beltrami Electric will be joining 37 other Minnesota electric cooperatives that already participate in this program.
Operation Round Up® is funded by voluntary contributions
Operation Round Up® is just what its name implies. Your monthly billing statement is rounded up to the next whole dollar amount. For example, a member's monthly bill of $62.73 would be automatically rounded up to $63.00, with the additional 27 cents going to the Operation Round Up® fund. Through participation in Operation Round Up®, the average contribution per member is approximately fifty cents ($.50) a month, or six dollars ($6) per year. The most any one account could contribute is $11.88 per year. On the average, most Members will contribute quite a bit less. If you have more than one account, you can choose to have one, all, or none of them on Operation Round Up®.
Participation in Operation Round Up® is strictly voluntary.
Members who choose not to take part may withdraw simply by notifying BEC of their decision at any point. Members can contact BEC at (218) 444-2540 or toll free at (800) 955-6083.
Your contribution is tax deductible for you the member, and the amount donated will be shown on your monthly bill statement. The money collected from member contributions will be kept in a separate trust account to be administered by an independent board.
Operation Round Up® Trust Board
All Operation Round Up® donations will be placed in a trust and administered by an independent Board of Directors called the Beltrami Electric Trust. The Trust is made up of 5 members from our community who serve on the Board on a voluntary basis without any compensation. It is they who will receive and evaluate all requests for funds and determine how they will be distributed. The funding categories are as follows: Community Service, Economic Development, Education & Youth and Environment. Operation Round Up® funds stays right here in our area. All grants awarded will be announced in our monthly newsletter and on our website.
Grants will not be made for lobbying, political and religious organizations, veteran, fraternal and labor organizations, fund-raising dinners, raffles, capital fund campaigns, national fund drives, advertising or ongoing operational expenses.
Cooperatives around the nation have been participating in Operation Round Up® for over 25 years, and we hope that you will join us in supporting this worthwhile program. When we work together, we support organizations that can make a real and positive impact on the communities we live in. Please help Beltrami Electric Cooperative help our service area communities - let's make Operation Round Up® the success it can be!
Operation Round Up® Funding Guidelines
Watch Lake County Power's Operation Round Up® video that demonstrates the success this program has had in their community.
Lake Country Power (LCP) is a Touchstone Energy® Cooperative serving parts of eight counties in Aitkin, Carlton, Cass, Itasca, Koochiching, Lake, Pine and St. Louis. LCP provides electricity and other energy related services to nearly 43,000 members in the rural parts of northern Minnesota.