Texas · Public charity
Cornerstone Credit Union Foundation
Empowering credit unions to impact their communities. The foundation is dedicated to helping credit unions make a difference in the lives of the members and communities they serve.
- $639k
- Granted FY2021
- 8
- Itemized grants FY2021
- 8
- Organizations funded FY2021
- 100%
- First-time grantees FY2021
- Itemized, FY2021
- $56k
- The rest is grants the schedule does not break out
- Median grant, FY2021
- $7,000
- Largest grant, FY2021
- $10,000
- Organizations funded a year
- 5 to 8
- FY2019 to FY2021
- States reached, FY2021
- 2
- Total assets, FY2021
- $2.7M
How open it is to new grantees
In FY2021, 100% of the organizations Cornerstone Credit Union Foundation funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2021, 0% of grant dollars renewed an existing relationship; $56k went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2021 | 8 | $56k | 100% |
| FY2020 | 5 | $35k | 60% |
| FY2019 | 6 | $50k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2021.
Top grantees
Largest recipients by total granted, FY2019 to FY2021, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Impact Fintech Solutions Inc | $10,000 | 1 | n/a |
| Tarrant County's Credit Union | $8,500 | 1 | 0% |
| Arbuckle Federal Credit Union | $8,086 | 1 | n/a |
| River City Fcu | $7,000 | 1 | n/a |
| United Credit Union | $5,882 | 1 | 0% |
| Coastal Community Federal Credit Uniion | $5,691 | 1 | n/a |
| Cy-Fair Fcu | $5,390 | 1 | n/a |
| Windthorst Federal Credit Union | $5,113 | 1 | n/a |
Plus 9 recipients with no EIN on record ($85k), not named here.
Compare Cornerstone Credit Union Foundation with peer funders
About Cornerstone Credit Union Foundation
- How much does Cornerstone Credit Union Foundation give?
- Cornerstone Credit Union Foundation reported 8 itemized grants totaling $55,662, out of $639,476 in total grant expense reported on the return in its FY2021 IRS filing. It funded between 5 and 8 organizations a year over FY2019 to FY2021.
- What does Cornerstone Credit Union Foundation fund?
- By grant dollars over FY2019 to FY2021, its largest causes are Community Improvement (41%), Education (32%), Philanthropy (14%).
- Who are Cornerstone Credit Union Foundation's largest grantees?
- By total granted over FY2019 to FY2021: Impact Fintech Solutions Inc ($10k), Tarrant County's Credit Union ($9k), Arbuckle Federal Credit Union ($8k).
- Does Cornerstone Credit Union Foundation fund new organizations?
- In FY2021, 100% of the organizations it funded were first-time grantees.
- Where is Cornerstone Credit Union Foundation based?
- Cornerstone Credit Union Foundation is based in TX.
Play a game based on Cornerstone Credit Union’s filings →