Becoming a Shareholder
If you are looking for a way to support the Co-Op, becoming a shareholder is the way to go! Read all about what being a shareholder means below – and when you’re ready, you can sign up on this page too!
Download the Application!
What Does it Mean to be an Owner?
No Annual Fees
The $100 you pay is not a membership fee, it is the cost of a share. You only pay once, and there are zero annual fees.
By purchasing a share and shopping at the Co-op, Shareholders invest capital that is used to operate the store on a daily basis.
A Co-op Owner Participates in the Decision Making
Our Board of Directors is comprised of Shareholders. During the the Co-op’s annual meetings, Shareholders have an opportunity to not only vote for the candidates they would like to represent them, but to also run for any open position available on the Board.
Shareholders vote on amendments made to the Bylaws proposed by the Board, and are invited to attend all BoD meetings.
Not Like Other Grocery Stores
When you become a new Shareholder of Abundance, you don’t “join” the Co-op, you become an Owner.
At Abundance Food Co-op, there is no approval process or interview – anyone can become a Shareholder of our grocery store!
As an Owner, you may request a refund of your share equity value by emailing board@abundance.coop. Note: the Abundance Food Co-op board has the right to withhold refunds when necessary to protect the Cooperative’s financial viability.
BENEFITS
- Help build a stronger local economy and community
- Get discounts on special orders
- Take advantage of owner-only deals
- Vote for candidates to join the Board of Directors at annual meetings
- Vote on bylaw amendments and other items as proposed by the Board of Directors
- Run to be elected to the Board of Directors
- $1 off hot coffee and tea
- Owner Appreciation Days - 10% off store-wide on these days for shareholders. These will occur once per quarter with the first one happening in January.
- Two Scoop Tuesdays - Every Tuesday shareholders will receive a 12% discount on all products from our bulk sections.
- Discounted Webcart Service and Delivery fees - Shareholders will receive a discount on these fees for ordering on webcart.
- Share in the profits: receive possible dividend payouts relative to how much you spend
*Discount does not apply to Products that are already discounted as a part of any sale program, such as Co+op Deals, Co+op Basics, Shareholder Savings, or those that are on clearance. Alcoholic beverages. Magazines. Consignment items/crafts/services (like Compost Swaps). Special Orders. A Share.
Stay Tuned for Our Next Shareholder Orientation
Are you a new shareholder at Abundance Food Co-op who wants to have a better understanding of what your ownership involves? If so, join us for our next Owner Orientation on Monday, September 28 from 6:30-7:30 pm.
The Owner Orientation is not just for owners! It’s for anyone who would like to learn more about what being an owner entails and the positive impact investing in our local food co-op has on the community.
BECOME AN OWNER!
PURCHASE YOUR SHARE TODAY
Become a Co-op Owner!
Once you’ve filled out the form, you will be taken to a payment screen (PayPal).
The cost of a share is $100. A share purchased online includes a $4.13 PayPal transaction fee for a total of $104.13
When we process your payment, you will receive a copy of your application for your records. Benefits (except the right to vote) will begin immediately.
A new owner packet will be sent to you by email. It will include your share certificate, membership card, a pointer to the bylaws of our cooperative, and helpful information on making the most of your co-op benefits.
Find Us:
571 South Avenue
Rochester NY, 14620
Call us at 585-454-2667
Our Hours:
8AM - 9PM
Monday - Sunday
Open in the morning of Thanksgiving.
Closed on Christmas and New Year's Day.