Chicago Market Newsletter — December 2022
Announcing Our Ownership Grant Program!
We often explain that one of the strengths of a co-op is that Owners have a voice in our store. Today we have an exciting example of that to share.
Owners expressed interest in making donations toward Ownership for people who want to join but need a method with no out-of-pocket cost. The Board heard this request and set up a team to build out a program to make it happen!
Ownership Grant Program
We use $125 in donated funds to offer an Ownership. This pays for half of the cost of being an Owner. The recipient becomes an Owner immediately, and the balance up to $250 is paid over time through any patronage refunds that the recipient may earn by shopping the store. Our program puts three of the Seven Cooperative Principles into action:
- Everyone is welcome.
- Owners participate financially.
- And as Owners, you participate in steering the Co-op.
And we are pleased to be partnering with organizations in the community who select Ownership grant recipients for us. We have three program partners now, are in talks with a handful more, and are reaching out to others. Thanks to Nourishing Hope, Swedish Hospital, and Voice of the People for helping us kick off our program!
Our Ownership Grant Program has been jump-started with a $10,000 donation from an anonymous Owner who writes:
"I’m happy to help grow the Owner population, which moves us closer to our goals, while providing individuals with limited financial means an opportunity to become a part of this Co-op. Making Ownership more accessible to all will strengthen our community and is the right action to pursue.”
If you'd like to donate, in any amount, so that others may become Chicago Market Owners with you, click here:
And if you know someone who might like a granted Ownership, point them here: Ownership Grant Program
Thank you, Owners, for steering your store in ways that align with your values!
It's true! You can give someone Chicago Market Ownership!
The perfect gift for that local-food loving, sustainability-minded, community-centric person on your list is the Gift of Co-op Ownership.
Click and rock your holiday shopping:
We've had the U.S. Waterproofing crew in recently to install a full drainage system in our basement. It's the first step in transforming our historic Gerber building from raw space to a beautiful grocery store. And you, Owners, made it happen!
(before and after)
We have three blog posts documenting the work if you'd like to see the photo essays with descriptions:
First On-Site Physical Work at Chicago Market
Basement Work Continues at Chicago Market
Our Basement is Looking Spiffy
In the News
Watch out, big grocery chains – co-ops are coming — WBEZ's Curious City updated their Chicago co-op story, checking in with our GM, Dan Arnett
- Board Meeting — January 2, 7-9:00pm
Note that as of December, Board meetings will be on the first Monday of the month.
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