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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
Read the full brief
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.

50%100%’23’24
RenewedFirst-time

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

’23’24
Housing & ShelterEducationYouth DevelopmentFood & NutritionEmploymentHealthOther
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 yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving48$1.2M85%
FY20249$215k78%
FY20235$85k80%
FY20223$85kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2025.

Housing & Shelter$469kHealth$208kEducation$179kCommunity Improvement$147kHuman Services$145kInternational$100kYouth Development$88kEmployment$75kOther$0

Top grantees

Largest recipients by total granted, FY2022 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 55 grantees
All grantees of Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union by total granted
GranteeTotal grantedYearsShare of their budget
Fair Housing Center of W Michigan$250,000120%
Junior Achievement of the Michigan Great Lakes Inc$100,00041%
Grand Action Foundation 20$100,00010%
The Young Men's Christian Association of Greater Grand Rapids (3019)$57,00020%
Boys & Girls Clubs of Lee County$55,00021%
Meals on Wheels Western Michigan$50,00020%
Mary Free Bed Rehabilitation Hospital Foundation$50,00010%
Grand Rapids Urban League$50,0001n/a
Iccf Nonprofit Housing Corporation$50,00012%
Credit Union House LLC$50,0001n/a
Michigan State University$45,0002n/a
Be Cafe$45,00022%
Iccf Community Homes$42,0001n/a
Literacy Center of West Michigan$40,00021%
Storehouse of Community Resources$30,00010%
Davenport University Foundation$30,00021%
Davenport University$25,00010%
Kent County Central Office$25,000158%
National Faith Homebuyers$25,00012%
West Michigan Center for Arts & Technology$20,00011%
American National Red Cross & Its Constituent Chapters and Branches$20,00010%
Grand Rapids Area Black Businesses$20,0001n/a
Saint Mary's Foundation$20,00010%
Grand Rapids Children's Museum$20,00011%
Van Andel Research Institute$19,5001n/a
Corewell Health Foundation West Michigan$18,5001n/a
Home Repair Services of Kent County Inc$17,00010%
West Michigan Hispanic Chamber of Commerce$16,6671n/a
Gilda's Club Grand Rapids$15,00011%
Lee Memorial Health System Foundation Inc$15,00010%
Hope Community Housing Corporation$15,0001n/a
Habitat for Humanity of Kent County Inc$15,00010%
Michigan Council on Economic Education$15,00018%
African Resource Center of West Michigan$15,00019%
Grand Rapids Youth Commonwealth Inc$12,5001n/a
Grand Rapids Community College Foundation$10,60010%
West Michigan Construction Institute$10,00010%
Pinellas County Education Foundation Inc$10,00010%
Greater Grand Rapids Chamber Foundation$10,00011%
1000 Families of Color$10,0001n/a
The Foundation for Lee County Public Schools Inc$10,00011%
Opportunity Resource Fund$10,0001n/a
Girl Scouts of West Central Florida Inc$10,0001n/a
Boys & Girls Club of Collier County Flor$10,00010%
Mental Health Foundation of West Michigan$10,00011%
Grand Valley State University$10,0001n/a
Jubilee Ministries Inc$10,00010%
Communities in Schools of Kalamazoo$8,50010%
The Playgroundgr$8,00014%
National Credit Union Foundation$7,50010%
Ascension Borgess Foundation$7,50010%
Fulton Street Farmers Market Inc$7,5001n/a
CASA of Kent County Inc$7,50011%
The Refugee Education Center$7,0001n/a
Kids' Food Basket Inc$6,25010%

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.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetFair Housing Center of W Michigan: $250,000 over 1y, 20% of budgetJunior Achievement of the Michigan Great Lakes Inc: $100,000 over 4y, 0.6% of budgetGrand Action Foundation 20: $100,000 over 1y, 0.2% of budgetThe Young Men's Christian Association of Greater Grand Rapids (3019): $57,000 over 2y, 0.1% of budgetBoys & Girls Clubs of Lee County: $55,000 over 2y, 0.9% of budgetMeals on Wheels Western Michigan: $50,000 over 2y, 0.3% of budgetMary Free Bed Rehabilitation Hospital Foundation: $50,000 over 1y, 0.2% of budgetIccf Nonprofit Housing Corporation: $50,000 over 1y, 2.0% of budgetBe Cafe: $45,000 over 2y, 2.3% of budgetLiteracy Center of West Michigan: $40,000 over 2y, 1.1% of budgetStorehouse of Community Resources: $30,000 over 1y, 0.1% of budgetDavenport University Foundation: $30,000 over 2y, 0.6% of budgetDavenport University: $25,000 over 1y, 0.0% of budgetKent County Central Office: $25,000 over 1y, 58% of budgetNational Faith Homebuyers: $25,000 over 1y, 1.6% of budgetWest Michigan Center for Arts & Technology: $20,000 over 1y, 0.7% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $20,000 over 1y, 0.0% of budgetSaint Mary's Foundation: $20,000 over 1y, 0.4% of budgetGrand Rapids Children's Museum: $20,000 over 1y, 0.7% of budgetHome Repair Services of Kent County Inc: $17,000 over 1y, 0.3% of budgetGilda's Club Grand Rapids: $15,000 over 1y, 0.9% of budgetLee Memorial Health System Foundation Inc: $15,000 over 1y, 0.0% of budgetHabitat for Humanity of Kent County Inc: $15,000 over 1y, 0.2% of budgetMichigan Council on Economic Education: $15,000 over 1y, 8.0% of budgetAfrican Resource Center of West Michigan: $15,000 over 1y, 8.6% of budgetGrand Rapids Community College Foundation: $10,600 over 1y, 0.1% of budgetWest Michigan Construction Institute: $10,000 over 1y, 0.3% of budgetPinellas County Education Foundation Inc: $10,000 over 1y, 0.1% of budgetGreater Grand Rapids Chamber Foundation: $10,000 over 1y, 0.6% of budgetThe Foundation for Lee County Public Schools Inc: $10,000 over 1y, 0.5% of budgetBoys & Girls Club of Collier County Flor: $10,000 over 1y, 0.1% of budgetMental Health Foundation of West Michigan: $10,000 over 1y, 0.7% of budgetJubilee Ministries Inc: $10,000 over 1y, 0.4% of budgetCommunities in Schools of Kalamazoo: $8,500 over 1y, 0.2% of budgetThe Playgroundgr: $8,000 over 1y, 3.5% of budgetNational Credit Union Foundation: $7,500 over 1y, 0.1% of budgetAscension Borgess Foundation: $7,500 over 1y, 0.2% of budgetCASA of Kent County Inc: $7,500 over 1y, 0.7% of budgetKids' Food Basket Inc: $6,250 over 1y, 0.1% of budget

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 39.

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.

Grand Rapids Community FoundationMI64.1× affinity30 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

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
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 Credit Unions Chartered in the State of Michigan 48 Lake Michigan Credit Union with peer funders

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.

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 58 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 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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