Alabama · Public charity
Alabama Credit Union Foundation Inc
The alabama credit union foundation is dedicated to strengthening the community and improving the quality of life both now and for future generations. The organization is a vehicle for private donors to make a lasting contribution to our community. The organization fulfills its mission by educating the public about the practice of…
- $247k
- Granted FY2024(still arriving)
- 3
- Itemized grants FY2024
- 3
- Organizations funded FY2023
- 0%
- First-time grantees FY2023
- Itemized, FY2024
- $234k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $67,066
- Largest grant, FY2024
- $110,584
- Organizations funded a year
- 3 to 4
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $1.0M
How open it is to new grantees
In FY2023, 0% of the organizations Alabama Credit Union Foundation Inc funded were first-time grantees, receiving 0% of its grant dollars.
New vs renewed · share of each year
In FY2023, 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 |
|---|---|---|---|
| FY2024still arriving | 3 | $234k | 0% |
| FY2023 | 3 | $297k | 0% |
| FY2022 | 3 | $210k | 0% |
| FY2020 | 3 | $270k | 0% |
| FY2019 | 3 | $235k | 0% |
| FY2018 | 4 | $298k | 25% |
| FY2017 | 3 | $269k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| West Alabama Food Bank Inc | $1,114,630 | 8 | 4% |
| Food Bank of North Alabama Inc | $466,907 | 8 | 0% |
| Feeding the Gulf Coast | $221,979 | 8 | 0% |
| Community Food Bank of Central Alabama | $9,500 | 1 | 0% |
Compare Alabama Credit Union Foundation Inc with peer funders
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About Alabama Credit Union Foundation Inc
- How much does Alabama Credit Union Foundation Inc give?
- Alabama Credit Union Foundation Inc reported 3 itemized grants totaling $234,088, out of $246,981 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 3 and 4 organizations a year over FY2017 to FY2023.
- What does Alabama Credit Union Foundation Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Food & Nutrition (100%).
- Who are Alabama Credit Union Foundation Inc's largest grantees?
- By total granted over FY2017 to FY2024: West Alabama Food Bank Inc ($1.1M), Food Bank of North Alabama Inc ($467k), Feeding the Gulf Coast ($222k).
- Does Alabama Credit Union Foundation Inc fund new organizations?
- In FY2023, 0% of the organizations it funded were first-time grantees.
- Where is Alabama Credit Union Foundation Inc based?
- Alabama Credit Union Foundation Inc is based in AL.
Play a game based on Alabama Credit Union’s filings →