Michigan · Public charity
Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union
Promotion of thrift and providing low cost credit and other financial services for its members through mutual and nonprofit organization.
- $1.3M
- Granted FY2025(still arriving)
- 50
- Itemized grants FY2025
- 9
- Organizations funded FY2024
- 78%
- First-time grantees FY2024
- Itemized, FY2025
- $1.2M
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $16,667
- Largest grant, FY2025
- $250,000
- Organizations funded a year
- 3 to 9
- FY2022 to FY2024
- States reached, FY2025
- 5
- Total assets, FY2025
- $16.0B
How open it is to new grantees
In FY2024, 78% of the organizations Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union funded were first-time grantees, receiving 81% of its grant dollars.
New vs renewed · share of each year
In FY2024, 19% of grant dollars renewed an existing relationship; $175k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 48 | $1.2M | 85% |
| FY2024 | 9 | $215k | 78% |
| FY2023 | 5 | $85k | 80% |
| FY2022 | 3 | $85k | 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 |
|---|---|---|---|
| Fair Housing Center of W Michigan | $250,000 | 1 | 20% |
| Junior Achievement of the Michigan Great Lakes Inc | $100,000 | 4 | 1% |
| Grand Action Foundation 20 | $100,000 | 1 | 0% |
| The Young Men's Christian Association of Greater Grand Rapids (3019) | $57,000 | 2 | 0% |
| Boys & Girls Clubs of Lee County | $55,000 | 2 | 1% |
| Meals on Wheels Western Michigan | $50,000 | 2 | 0% |
| Mary Free Bed Rehabilitation Hospital Foundation | $50,000 | 1 | 0% |
| Grand Rapids Urban League | $50,000 | 1 | n/a |
| Iccf Nonprofit Housing Corporation | $50,000 | 1 | 2% |
| Credit Union House LLC | $50,000 | 1 | n/a |
Show all 55 grantees
Where it is load-bearing
Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 39 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
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.
Open a dossier: Grand Rapids Community Foundation · Frey Foundation · Douglas & Maria Devos Foundation · Heart of West Michigan United Way · Cdv5 Foundation · The Wege Foundation · The Mercantile Bank Foundation · The Meijer Foundation · Peter C & Emajean Cook Foundation · The David and Carol Van Andel Family Foundation · Steelcase Foundation · Daniel & Pamella Devos Foundation
How this is measured
About Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union
- How much does Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union give?
- Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union reported 50 itemized grants totaling $1,217,517, out of $1,346,517 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 3 and 9 organizations a year over FY2022 to FY2024.
- What does Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union fund?
- By grant dollars over FY2022 to FY2025, its largest causes are Housing & Shelter (29%), Health (13%), Education (11%).
- Who are Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union's largest grantees?
- By total granted over FY2022 to FY2025: Fair Housing Center of W Michigan ($250k), Junior Achievement of the Michigan Great Lakes Inc ($100k), Grand Action Foundation 20 ($100k).
- Does Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union fund new organizations?
- In FY2024, 78% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union?
- Its strongest co-funders, measured against what their size predicts, include Grand Rapids Community Foundation, Frey Foundation, Douglas & Maria Devos Foundation.
- Where is Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union based?
- Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union is based in MI.