How much does Coastal1 Credit Union give?

Coastal1 Credit Union reported 5 itemized grants totaling $48,500, out of $101,388 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 4 and 13 organizations a year over FY2019 to FY2023.

What does Coastal1 Credit Union fund?

By grant dollars over FY2019 to FY2024, its largest causes are Education (21%), Human Services (16%), Health (12%).

Who are Coastal1 Credit Union's largest grantees?

By total granted over FY2019 to FY2024: Pawtucket Central Falls Development Corp ($62k), St Raphael Academy ($60k), Young Men's Christian Association of Pawtucket Inc ($34k).

Does Coastal1 Credit Union fund new organizations?

In FY2023, 0% of the organizations it funded were first-time grantees.

Which funders back the same organizations as Coastal1 Credit Union?

Its strongest co-funders, measured against what their size predicts, include The Champlin Foundation, Bristol County Savings Charitable Foundation Inc, The Rhode Island Community Foundation.

Where is Coastal1 Credit Union based?

Coastal1 Credit Union is based in RI.

Foundation Dossiers

Rhode Island · Public charity

Coastal1 Credit Union

Coastal1 Credit Union is a cooperative financial institution organized as a credit union for the benefit of its members. The credit union is committed to serving the financial needs of its members to help them attain their financial goals.

$101k
Granted FY2024(still arriving): 5
Itemized grants FY2024: 4
Organizations funded FY2023: 0%
First-time grantees FY2023

Read the full brief

Itemized, FY2024: $49k; The rest is grants the schedule does not break out
Median grant, FY2024: $10,000
Largest grant, FY2024: $10,000
Organizations funded a year: 4 to 13; FY2019 to FY2023
States reached, FY2024: 1
Total assets, FY2024: $3.3B

How open it is to new grantees

In FY2023, 0% of the organizations Coastal1 Credit Union 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.

RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

HealthFood & NutritionArts & CulturePhilanthropyCommunity ImprovementOther

How this is measured

First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

The numbers by year

Fiscal year	Organizations funded	To those organizations	First-time grantees
FY2024still arriving	5	$49k	20%
FY2023	4	$61k	0%
FY2022	5	$59k	40%
FY2021	5	$45k	40%
FY2020	13	$141k	85%
FY2019	13	$127k	n/a

100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Education$113kHuman Services$88kHealth$65kHousing & Shelter$62kPhilanthropy$55kArts & Culture$45kCommunity Improvement$34kFood & Nutrition$32kOther$0

Top grantees

Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.

Grantee	Total granted	Years	Share of their budget
Pawtucket Central Falls Development Corp	$62,000	5	2%
St Raphael Academy	$60,000	4	n/a
Young Men's Christian Association of Pawtucket Inc	$33,500	4	0%
Pace Organization of Rhode Island	$30,000	1	0%
The Learning Commnunity Charter School Inc	$30,000	3	0%
Sandra Feinstein-Gamm Theatre	$30,000	2	1%
Pawtucket Foundation	$17,000	2	4%
Comprehensive Community Action Inc	$16,500	2	0%
The Genesis Center	$15,857	2	0%
Blackstone Valley Community Health Care Inc	$15,000	1	0%

Show all 29 grantees

All grantees of Coastal1 Credit Union by total granted
Grantee	Total granted	Years	Share of their budget
Pawtucket Central Falls Development Corp	$62,000	5	2%
St Raphael Academy	$60,000	4	n/a
Young Men's Christian Association of Pawtucket Inc	$33,500	4	0%
Pace Organization of Rhode Island	$30,000	1	0%
The Learning Commnunity Charter School Inc	$30,000	3	0%
Sandra Feinstein-Gamm Theatre	$30,000	2	1%
Pawtucket Foundation	$17,000	2	4%
Comprehensive Community Action Inc	$16,500	2	0%
The Genesis Center	$15,857	2	0%
Blackstone Valley Community Health Care Inc	$15,000	1	0%
Rhode Island Philharmonic Orchestra & Music School	$15,000	1	0%
Back to School Celebration of RI	$15,000	1	9%
Rhode Island Community Food Bank Association	$12,000	1	0%
Kennedy-Donovan Center Inc	$11,000	1	0%
Mt St Charles Academy Inc	$10,000	1	n/a
Cu Kids at Heart Inc	$10,000	1	2%
Local Initiatives Support Corporation	$10,000	1	0%
Boys & Girls Clubs of Pawtucket	$10,000	1	0%
Joe Andruzzi Foundation Inc	$10,000	1	0%
Special Olympics Rhode Island Inc	$10,000	1	0%
Books Are Wings	$8,000	1	n/a
Empowerment Factory	$7,500	1	5%
Blackstone Valley Community Action Program Inc	$6,500	1	0%
Northern RI Food Pantry	$6,500	1	2%
Westbay Community Action Inc	$6,500	1	0%
North Kingstown Food Pantry Inc	$6,500	1	1%
East Bay Food Pantry	$6,500	1	0%
Friends of the Pawtucket Public Library	$5,000	1	n/a
Children's Friend and Service	$5,000	1	0%

Each grantee by its size and the share of its budget Coastal1 Credit Union supplied at peak.

Tap a dot to name the grantee.

How this is measured

Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 25.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Champlin FoundationPA46.6× affinity20 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Champlin Foundation · Bristol County Savings Charitable Foundation Inc · The Rhode Island Community Foundation · United Way of Rhode Island Inc · Amica Companies Foundation · Centreville Savings Bank Charitable Foundation · Washington Trust Co Charitable Fdn · Ralph R Papitto & Barbara a Papitto Private Family Foundation · Citizens Charitable Foundation · Navigant Credit Union · The Beacon Foundation · Ppl Foundation

How this is measured

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Coastal1 Credit Union with peer funders

About Coastal1 Credit Union

How much does Coastal1 Credit Union give?: Coastal1 Credit Union reported 5 itemized grants totaling $48,500, out of $101,388 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 4 and 13 organizations a year over FY2019 to FY2023.
What does Coastal1 Credit Union fund?: By grant dollars over FY2019 to FY2024, its largest causes are Education (21%), Human Services (16%), Health (12%).
Who are Coastal1 Credit Union's largest grantees?: By total granted over FY2019 to FY2024: Pawtucket Central Falls Development Corp ($62k), St Raphael Academy ($60k), Young Men's Christian Association of Pawtucket Inc ($34k).
Does Coastal1 Credit Union fund new organizations?: In FY2023, 0% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Coastal1 Credit Union?: Its strongest co-funders, measured against what their size predicts, include The Champlin Foundation, Bristol County Savings Charitable Foundation Inc, The Rhode Island Community Foundation.
Where is Coastal1 Credit Union based?: Coastal1 Credit Union is based in RI.