Illinois · Public charity
Abbott Laboratories Employees Credit Union (Alec)
To make a difference in the lives and financial well-being of our members and employees. Our commitment is (1) to gain our members trust by providing exceptional member service (2) to offer a wide array of financial products, services and delivery channels (3) to educate our members in alignment with their financial goals (4) to…
- $13k
- Granted FY2025(still arriving)
- 1
- Itemized grants FY2025
- 1
- Organizations funded FY2024
- 0%
- First-time grantees FY2024
- Itemized, FY2025
- $12k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $12,000
- Largest grant, FY2025
- $12,000
- Organizations funded a year
- 1 to 1
- FY2022 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $1.1B
How open it is to new grantees
In FY2024, 0% of the organizations Abbott Laboratories Employees Credit Union (Alec) funded were first-time grantees, receiving 0% of its grant dollars.
New vs renewed · share of each year
In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 1 | $12k | 0% |
| FY2024 | 1 | $25k | 0% |
| FY2023 | 1 | $8k | 0% |
| FY2022 | 1 | $15k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2025.
Top grantees
Largest recipients by total granted, FY2022 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Credit Union National Association Inc | $59,241 | 4 | 0% |
Compare Abbott Laboratories Employees Credit Union (Alec) with peer funders
About Abbott Laboratories Employees Credit Union (Alec)
- How much does Abbott Laboratories Employees Credit Union (Alec) give?
- Abbott Laboratories Employees Credit Union (Alec) reported 1 itemized grants totaling $12,000, out of $13,144 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 1 and 1 organizations a year over FY2022 to FY2024.
- What does Abbott Laboratories Employees Credit Union (Alec) fund?
- By grant dollars over FY2022 to FY2025, its largest causes are Community Improvement (100%).
- Who are Abbott Laboratories Employees Credit Union (Alec)'s largest grantees?
- By total granted over FY2022 to FY2025: Credit Union National Association Inc ($59k).
- Does Abbott Laboratories Employees Credit Union (Alec) fund new organizations?
- In FY2024, 0% of the organizations it funded were first-time grantees.
- Where is Abbott Laboratories Employees Credit Union (Alec) based?
- Abbott Laboratories Employees Credit Union (Alec) is based in IL.
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