Good¢ents Program

Every month, thousands of GVEA members round up their bills to the nearest dollar. Members pay an approximately $6 per year to the Good¢ents program. North Star Imagination Library encourages literacy by putting books in the hands of Interior preschoolers – they are just one of many local nonprofits that benefit from the Good¢ents program. Thank you, GVEA members!

Building a Stronger Community

Good¢ents is a voluntary round up program funded by the members of Golden Valley Electric Association. It began on March 1, 2011.

Good Cents LogoGood¢ents rounds up a monthly electric bill to the next highest dollar. For example, a monthly bill of $97.65 would be rounded up to $98.00, with the additional 35 cents going to the Good¢ents fund. This small change, about 50 cents per month, raises thousands of dollars every year that go to building a stronger community.

Nonprofit organizations, meeting our criteria, are welcome to apply for Good¢ents funds. A six-member, volunteer board of trustees reviews applications quarterly and selects projects or programs (within GVEA’s service territory) to be funded.

Good¢ents awards are documented on our blog. Look in the sidebar for a list of the awards.

Good¢ents Board of Trustees Seeking Applicants

The Good¢ents Board of Trustees is currently seeking applicants from District 6 to serve a 3 year term beginning in January 2022. Interested parties should complete the application below and submit it to pr@gvea.com.

Click HERE to access Board of Trustees application

Deadline for submissions is November 19, 2021 by 5pm.

Frequently Asked Questions

Who can apply for funds?
Nonprofit organizations (meeting our criteria) in our service territory are welcome to apply. Groups based outside of our service territory are also welcome to apply if their projects affect those in our service territory.

The Application  Click on the link to access the application:

Organization Application

Note: The application was modified 2/27/18. If you’ve been working with an earlier version of an application, be aware that the current application is what needs to be submitted.

The annual application deadlines are: January 31, April 30, July 31 and October 31.

Why should I participate?
Good¢ents is an inexpensive and easy way to give back to your community. By pooling our small change together, we can do far more than we could alone. The average member will give $6 per year; that’s a mere 50 cents per month.

If I have multiple accounts, will they all be rounded up?
Yes. Every GVEA account will be rounded up to the nearest whole dollar. If you would prefer only certain accounts participate, please contact us.

Are my contributions tax deductible? Come tax time, how will I know how much I contributed over the year?

Yes, these contributions can be considered tax deductible, charitable donations. On your bills during first quarter of each year, we will include a line indicating how much you contributed over the previous year.

What are the grant amount guidelines?
• Organization: Up to $15,000 within a 12-month period

If an organzation has received an award in the past, their application will be reviewed only after all first-time applications have been reviewed.

Interior Alaska Medical Clinic
Interior Alaska Medical Clinic was a grant recipient. 

Who reviews applications and selects which projects or programs will be funded?
A volunteer, six-member board of trustees oversees the Good¢ents funds.

Why does GVEA automatically enroll everyone in the program rather than asking members to join?
Golden Valley’s Member Advisory Committee and Board of Directors debated the notion of automatically enrolling all members versus voluntary enrollment. Research among the more than 260 cooperatives nationwide participating in similar programs showed we would have much better involvement if we chose the former. It’s not because people don’t want to participate, it’s because most people simply wouldn’t take the initiative to contact us to sign up.
The program is voluntary in the sense that a member can choose not to participate at any time.

Access Alaska




Access Alaska was a grant recipient.   

What do I do if I don’t want to participate in Good¢ents?
If you choose not to participate, all you have to do is call GVEA at 907-452-1151 (or toll-free at 1-800-770-4832) or email goodcents@gvea.com.
Additionally, if at any time within the first three years of enrollment you decide you want a refund of any contributions made to this program, let us know; a refund of the entire amount you’ve contributed can be arranged.
Note: If you decide not to participate outside that initial 36-month window, no refund will be offered and your only option is to no longer participate.

Who chose to implement this round-up program?
In the spring of 2010, all GVEA members were mailed Bylaw election ballots. The addition of a round-up program, or Good¢ents, was one of the ballot initiatives members were asked to vote on. More than 70 percent voted in favor of a round up program.

Curling Club






The Curling Club was a grant recipient. 

GoodCents Grants – Previous Years

November 2020   •   August 2020   •   May 2020   •   February 2020

November 2019   •   August 2019   •   May 2019   •   February 2019

November 2018   •   August 2018   •   May 2018   •   February 2018

November 2017   •   August 2017   •   May 2017   •   February 2017

November 2016   •   August 2016   •   May 2016   •   March 2016

November 2015   •   August 2015   •   May 2015   •   March 2015

November 2014   •   August 2014   •   May 2014   •   February 2014

November 2013   •   August 2013   •   May 2013   •   February 2013

November 2012   •   August 2012   •   February 2012

November 2011   •   July 2011