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- Credit unions
Grants for credit unions
65 credit unions received at least $7.9 million in grants for the most recent fiscal year. This includes 19 grants made from 19 grantmaking organizations, with a median grant amount of $2,500. Of these 19 foundations, 100% made just a single grant to credit unions, and 0% made grants to four or more credit unions. This analysis is based on grantmakers that e-file their Form 990s, and likely is an undercount of grants.
$7,884,626
Total grant dollars given to credit unions
19
Number of grants made annually to credit unions
19
Number of grantmakers funding credit unions
$2,500
Median grant size to credit unions
Foundations that support credit unions
Foundation size
| Foundation size | Number of grantmakers |
|---|
| Small | |
| Medium | |
| Large | |
Small foundations have <$10M in assets. Medium foundations have $10M to $50M in assets. Large foundations have >$50M in assets.
Grants made
| Grants made to credit unions | Number of grantmakers |
|---|
| 1 | |
| 2-3 | |
| 4-10 | |
| 11+ | |
Top 10 foundations supporting credit unions
| Grantmaker | State | Geographic focus | Percent of grant dollars to credit unions | Number of grants made to credit unions | Median grant size |
|---|
| Center for Community Self-Help | NC | Metro | 14.4% | 1 | $7,839,803 |
| Samuel H and Maria Miller Foundation | OH | Metro | 0.1% | 1 | $5,000 |
| M K Brown Foundation | TX | State | 1.7% | 1 | $5,000 |
| Ohio Credit Union Foundation | OH | State | 7.2% | 1 | $5,000 |
| Ih Mississippi Valley Credit Union | IL | Metro | 6.0% | 1 | $5,000 |
| Community Foundation of Dunn County | WI | Metro | 1.1% | 1 | $5,000 |
| The Conover Foundation | KY | State | 2.2% | 1 | $4,000 |
| Anton B Burg Foundation | CA | Metro | 2.0% | 1 | $3,500 |
| Dollar Bank Foundation | PA | Regional | 0.3% | 1 | $3,500 |
| Snell Charitable Foundation | TX | State | 1.6% | 1 | $2,500 |
Credit unions grantees
Credit unions with more than $5 million in total revenues received 99% of all grant dollars. These larger organizations accounted for 25% of all credit unions.
Grant amounts
| Size of grant | Number of grants |
|---|
| <$10k | |
| $10k-$25k | |
| $25k-$100k | |
| $100k+ | |
Grant amount by grantee size
| Grantee annual revenue | Median grant size |
|---|
| <$100k | |
| $100k-$500k | |
| $500k-$1M | |
| $1M-$5M | |
| >$5M | |
Top 25 grants made to credit unions
| Grantee | Grant size | Purpose | Grantmaker |
|---|
| Self-Help Credit Union | $7,839,803 | Highest Balance in 2019 | Center for Community Self-Help |
| Hebrew Free Loan Association / Hebrew Gemilath Chasodim Association | $5,000 | General | Samuel H and Maria Miller Foundation |
| Midwestern State University Credit Union | $5,000 | Scholarship | M K Brown Foundation |
| 1307 Day Air Credit Union | $5,000 | Disaster Relief Grant for Credit Union Members Affected By Tornados on May 27,2019 in Dayton, Oh, and Surrounding Areas | Ohio Credit Union Foundation |
| Illinois Credit Union Foundation | $5,000 | Corporate Donation | Ih Mississippi Valley Credit Union |
| WESTconsin Credit Union | $5,000 | General Support | Community Foundation of Dunn County |
| Kappa Kappa Kappa / Edinburgh Delta Sigma Chapter | $4,000 | Charitable | The Conover Foundation |
| Usc Credit Union | $3,500 | Lecture Series | Anton B Burg Foundation |
| Hebrew Free Loan Association / Hebrew Gemilath Chasodim Association | $3,500 | Assistance for Social Services | Dollar Bank Foundation |
| Midwestern State University Credit Union | $2,500 | To Further the Exempt Purpose of the Entity | Snell Charitable Foundation |
| Midwestern State University Credit Union | $2,000 | Leadership Scholarship | Lubbock Young Women's Leader Foundation |
| Hebrew Free Loan Association / Hebrew Gemilath Chasodim Association | $1,260 | Assistance To Charity's Cause | Senkfor Family Foundation |
| Midwestern State University Credit Union | $1,000 | Operations | Julia Lee Taubert Foundation |
| Greater Providence Hebrew Free | $1,000 | Charitable Gift | The Naomi and Walter Chucnin Foundation |
| Hebrew Free Loan Association of Pittsburgh | $500 | General Program Support | Fourteen Ten Foundation |
| Hebrew Free Loan Association / Hebrew Gemilath Chasodim Association | $258 | Matching Gifts | Chubb Charitable Foundation |
| Hebrew Free Loan Society of Greater Philadelphia | $180 | Jewish/religious Outreach | Katz Steven J Katz Family Charitable Trust |
| Yad Yisroel | $100 | General Support | The Zev and Susan Munk Family Foundation |
| Yeshiva and Mesifta Kollel Bais Aharon Zvi of Brid | $25 | Charitable | Yakov Chunun Ben Hillel Foundation |
Methodology: To determine grants and grantees, Cause IQ analyzes electronically-filed Form 990, Form 990-EZ, and Form 990-PF financial disclosure documents, matching grantees to specific organizations using EINs and fuzzy matching logic. The "Credit unions" category for this page is determined by the "W60: Financial Institutions, Credit Unions" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.