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· Public charity

Covantage Credit Union

A cooperative, nonprofit corporation, incorporated under wisconsin state law to encourage thrift among its members, create a source of credit at a fair and reasonable cost, and provide opportunity for its members to improve their economic and social conditions.

$763k
Granted FY2024still arriving
11
Grants FY2024still arriving
2
States reached
$350k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Philanthropy$2.1MEducation$300kArts & Culture$194kRecreation & Sports$109kYouth Development$92kHealth$91kPublic Benefit$75kFood & Nutrition$50kOther$0
02FY2024 · 11 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 11 grants below total $465,050, the rows itemized in this filing. The $762,717 headline is the total grant expense on the return; the other $297,667 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2024

  • Under $10k4 grants · $27k
  • $10k–50k6 grants · $88k
  • $250k+1 grant · $350k
$10,000
Median grant
2
States reached
$3.7B
Total assets
Largest grants
RecipientAmount
COVANTAGE CARES FOUNDATION INC$350,000
BOYS & GIRLS CLUB OF THE FOX VALLEY INC$25,000
MAKE-A-WISH WISCONSIN$15,300
WISCONSIN TIMBER RATTLERS$15,000
WAUSAU EVENTS$12,500
ST MARY CATHOLIC SCHOOLS$10,000
BOYS & GIRLS CLUB OF THE WAUSAU AREA INC$10,000
ALZHEIMER'S ASSOCIATION$8,000
SHANNON MARIE AND LOUIS PORTER SMITH FOUNDATION INC$6,750
WOMEN'S FUND FOR THE FOX VALLEY REGION$6,500
JO-VIN BASEBALL LLC DBA WISCONSIN RAPIDS RAFTERS BASEBALL$6,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–20, $25k) land where the poverty rate runs at 11%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%ST VINCENT DE PAUL TOTAL: $15k → 11%SAM 25 INC: $5k → 11%SAFPARC: $5k → 11%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

85%of every dollar goes to organizations it has funded before.
$2.6M · 11 repeat orgs$471k to everyone else

11 repeat relationships: 6 still active in FY2024, 5 since wound down; 4 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

11
19

Total granted

$2.6M
$425k

Median revenue growth · since first grant

+18%
+18%

Still filing today

64%
79%

New vs renewed · share of each year

In FY2024, 90% of grant dollars renewed an existing relationship; $46k went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

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

’17’18’19’20’21’22’23’24
Human ServicesPhilanthropyFood & NutritionHealthRecreation & SportsYouth DevelopmentOther
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.

Backed again, and grew

  • CC
    COVANTAGE CARES FOUNDATION INC
    8× · 2017–2024 · $2.1M · revenue +166% · 75% of their budget
  • MAKE-A-WISH FOUNDATION OF WISCONSIN INC
    5× · 2019–2024 · $73k · revenue +18%
  • BG
    BOYS & GIRLS CLUB OF THE WAUSAU AREA INC
    6× · 2019–2024 · $45k · revenue +93%

Funded once

  • DE
    DC EVEREST EDUCATION FOUNDATION INC
    one grant, 2022 · $250k · revenue -97%
  • FF
    FARMING FOR THE FUTURE FOUNDATION
    one grant, 2021 · $25k · revenue -57%
  • WC
    WAUSAU CHILDRENS MUSEUM INC
    one grant, 2020 · $25k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
The Wausaukee Charitable Foundation
Philanthropy
2
Waushara County Food Pantry Inc

We provide food, household and personal items as available to combat food scarcity and poverty in our community.

Food & Nutrition
3
Waukesha County Community Foundation

Wccf is a pool of permanent endowment and project funds created primarily by and for the people of waukesha county to provide grant support to charitable organizations. the intent of the foundation is to serve a broad spectrum of the…

Philanthropy
4
Wisconsin Rural Opportunities Inc

To foster the vitality of rural wisconsin, primarily through the promotion of education, improvement of health care services, cultural experiences, and support of the rural economic base.

—
5
Forward Janesville Inc

Forward Janesville, Inc. leads private sector economic and community development efforts to ensure the continued health and prosperity of business and industry in Janesville.

—
6
Door County Community Foundation Inc

To receive and administer charitable endowment funds, to award grants to social, educational, scientific, religious and other charitable organizations in door county, wisconsin.

Philanthropy
7
Waupaca Area Chamber Foundation Inc

boost community involvement for individuals and businesses.

Human Services
8
Kenosha Community Foundation

We lead, serve and collaborate with donors to create enduring philanthropy.

Philanthropy
9
United Way of Wisconsin Inc

United way of wisconsin is dedicated to supporting and enriching a strong statewide united way network that maximizes the capacity of local united ways to address human needs, improve lives and create lasting positive change across…

Philanthropy
10
Heart of the Valley Chamber of Commerce

To promote and foster awareness of economic development and civic issues in the heart of the valley area of wisconsin

Community Improvement
11
Wisconsin Progress Inc

Wisconsin progress recruits, trains, elects, and develops progressive candidates and leaders at the local and state legislative levels.

Civil Rights
12
Northwest Wisconsin Community Services Agency Inc

To improve the quality of life by providing resources and services within our communities.

Human Services
How this is measured
The grantee most central to the portfolio’s shape is Make-a-Wish Foundation of Wisconsin Inc; the most unlike its peers is Farming for the Future Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

28 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 28 of the 36 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

2
Load-bearing (≥25% of a budget)
7
Early backer (in before they grew)
27/28
Grantees still filing
15/28
Grew since first funded

Where the money sits, by cause and then by grantee

COVANTAGE CARES FOUNDATION INC: $2,063,761 · PhilanthropyCOVANTAGE CARES FOUNDATION INC+4 more: $70,100 · PhilanthropyLanglade County Historical Society Inc: $105,000 · OtherLanglade Coun…CITY OF ANITGO: $75,000 · OtherCITY OF ANITG…WISCONSIN TIMBER RATTLERS: $42,500 · OtherWISCONSIN TIM…ST MARY CATHOLIC SCHOOLS: $30,000 · OtherST MARY CATHO…WAUSAU CHILDRENS MUSEUM INC: $25,000 · OtherWAUSAU CHILDR…Unified School District of Antigo: $20,000 · OtherPEACE LUTHERAN CHURCH: $20,000 · Other+10 more: $62,625 · Other+10 moreDC EVEREST EDUCATION FOUNDATION INC: $250,000 · EducationDC EVERES…+1 more: $6,750 · EducationWAUSAU EVENTS INC: $64,000 · Recreation & SportsWAUSAU CENTRAL WISCONSIN SPORTS AUTHORITY INC: $60,250 · Recreation & SportsMAKE-A-WISH FOUNDATION OF WISCONSIN INC: $72,525 · HealthNORTH CENTRAL HEALTH FOUNDATION INC: $10,000 · HealthALZHEIMER'S DISEASE & RELATED DISORDERS ASSOCIATION INC: $8,000 · HealthBOYS & GIRLS CLUB OF THE WAUSAU AREA INC: $44,500 · Youth DevelopmentBOYS & GIRLS CLUBS OF THE NORTHWOODS INC: $22,500 · Youth DevelopmentBOYS & GIRLS CLUB FOX VALLEY INC: $25,000 · Human ServicesDIOCESAN COUNCIL OF MARQUETTE MI SOCIETY OF ST VINCENT DE PAUL: $15,000 · Human ServicesCHRISTINE ANN DOMESTIC ABUSE SERVICES INC: $5,000 · Human ServicesSHAWANO AREA MATTHEW 25 INC: $5,000 · Human ServicesSAFPARC ENDOWMENT INC: $5,000 · Human Services
Philanthropy$2,133,861Other$380,125Education$256,750Recreation & Sports$124,250Health$90,525Youth Development$67,000Human Services$55,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetCOVANTAGE CARES FOUNDATION INC: $2,063,761 over 8y, 75% of budgetDC EVEREST EDUCATION FOUNDATION INC: $250,000 over 1y, 0.7% of budgetLanglade County Historical Society Inc: $105,000 over 2y, 31% of budgetMAKE-A-WISH FOUNDATION OF WISCONSIN INC: $72,525 over 5y, 0.2% of budgetWAUSAU EVENTS INC: $64,000 over 7y, 2.9% of budgetWAUSAU CENTRAL WISCONSIN SPORTS AUTHORITY INC: $60,250 over 6y, 2.6% of budgetBOYS & GIRLS CLUB OF THE WAUSAU AREA INC: $44,500 over 6y, 0.5% of budgetCOMMUNITY FOUNDATION OF NORTH CENTRAL WISCONSIN INC: $30,100 over 2y, 0.3% of budgetBOYS & GIRLS CLUB FOX VALLEY INC: $25,000 over 1y, 0.1% of budgetFARMING FOR THE FUTURE FOUNDATION: $25,000 over 1y, 0.3% of budgetBOYS & GIRLS CLUBS OF THE NORTHWOODS INC: $22,500 over 4y, 1.0% of budgetDIOCESAN COUNCIL OF MARQUETTE MI SOCIETY OF ST VINCENT DE PAUL: $15,000 over 1y, 0.4% of budgetAntigo Area Community Food Pantry: $10,000 over 1y, 4.4% of budgetFUTURE NEENAH INC: $10,000 over 1y, 1.6% of budgetTASTE N GLOW BALLOON FEST: $10,000 over 1y, 2.8% of budgetALZHEIMER'S DISEASE & RELATED DISORDERS ASSOCIATION INC: $8,000 over 1y, 0.0% of budgetShannon Marie and Louis Porter Smith Foundation Inc: $6,750 over 1y, 17% of budgetWOMEN'S FUND FOR THE FOX VALLEY REGION INC: $6,500 over 1y, 0.8% of budgetWAUSAU REGION CHAMBER OF COMMERCE INC: $5,125 over 1y, 0.5% of budgetUnited Way of Langlade County Inc: $5,000 over 1y, 5.6% of budgetNEWCAP INC: $5,000 over 1y, 0.0% of budgetST JOSEPH FOOD PROGRAM INC: $5,000 over 1y, 0.1% of budgetCHRISTINE ANN DOMESTIC ABUSE SERVICES INC: $5,000 over 1y, 0.3% of budgetUNITED WAY OF PORTAGE COUNTY INC: $5,000 over 1y, 0.1% of budgetRHINELANDER AREA FOOD PANTRY INC: $5,000 over 1y, 0.3% of budgetSAFPARC ENDOWMENT INC: $5,000 over 1y, 7.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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.

Green Bay Packers FoundationWI31.9× affinity14 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Green Bay Packers Foundation · Community Foundation for the Fox Valley Region Inc · Covantage Cares Foundation Inc · Wisconsin Public Service Foundation · Greater Green Bay Community Foundation Inc · Elwyn Remington Foundation · Judd S Alexander Foundation · Ba & Esther Greenheck Foundation · J J Keller Foundation Inc · Herbert H Kohl Charities Inc · Otto Bremer Trust · Myra M and Robert L Vandehey Foundation Ltd

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.

How much its grantees rely on government

Each dot is one organization Covantage Credit Union funds: left to right is the share of its income from government, bottom to top the share from Covantage Credit Union. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%6%23%51%90%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    6report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–20%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 36 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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