Michigan · Public charity
Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union
Provide safe, convenient, cost effective services for the financial well-being of the credit union and its members. And to grow trusted relationships by providing personalized financial solutions.
- $614k
- Granted FY2024(still arriving)
- 5
- Itemized grants FY2024
- 13
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Itemized, FY2024
- $69k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $10,000
- Largest grant, FY2024
- $26,000
- Organizations funded a year
- 4 to 14
- FY2021 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $1.4B
How open it is to new grantees
In FY2023, 100% of the organizations Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2023, 0% of grant dollars renewed an existing relationship; $209k 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 |
|---|---|---|---|
| FY2024still arriving | 5 | $69k | 80% |
| FY2023 | 13 | $209k | 100% |
| FY2022 | 4 | $46k | 100% |
| FY2021 | 14 | $259k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2024.
Top grantees
Largest recipients by total granted, FY2021 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Elkton Village Downtown Development Authority | $40,000 | 1 | n/a |
| Frankenmuth Chamber of Commerce | $30,000 | 1 | 1% |
| Hope for the Forgotten Outreach | $27,000 | 1 | 31% |
| Vassar Music Boosters | $26,000 | 1 | n/a |
| Swan Valley High School | $23,968 | 1 | n/a |
| St Pauls Lutheran Church and School | $22,758 | 1 | n/a |
| Tuscola Youth Gymnastics | $22,374 | 1 | n/a |
| Frankenmuth Farmers Market | $20,448 | 1 | 8% |
| Heritage Athletic Association | $20,375 | 1 | 31% |
| Vassar Historical Society | $20,320 | 1 | n/a |
Show all 35 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Elkton Village Downtown Development Authority | $40,000 | 1 | n/a |
| Frankenmuth Chamber of Commerce | $30,000 | 1 | 1% |
| Hope for the Forgotten Outreach | $27,000 | 1 | 31% |
| Vassar Music Boosters | $26,000 | 1 | n/a |
| Swan Valley High School | $23,968 | 1 | n/a |
| St Pauls Lutheran Church and School | $22,758 | 1 | n/a |
| Tuscola Youth Gymnastics | $22,374 | 1 | n/a |
| Frankenmuth Farmers Market | $20,448 | 1 | 8% |
| Heritage Athletic Association | $20,375 | 1 | 31% |
| Vassar Historical Society | $20,320 | 1 | n/a |
| Frankenmuth Wrestling Booster Club Inc | $20,000 | 1 | n/a |
| Millington Arbela Fire Department | $20,000 | 1 | n/a |
| St Elizabeth Catholic School | $20,000 | 1 | n/a |
| City of Frankenmuth | $20,000 | 1 | n/a |
| Kingston Fire Department | $19,900 | 1 | n/a |
| Central Michigan Amateur Network | $19,073 | 1 | n/a |
| READ Association of Saginaw County | $17,750 | 1 | 7% |
| Frankenmuth Historical Association | $15,800 | 1 | 4% |
| Blumfield Fire Department | $15,000 | 1 | n/a |
| Ram Products | $15,000 | 2 | n/a |
| Girl Scouts Heart of Michigan | $15,000 | 1 | 0% |
| Saint Michaels Evangelical Lutheran Church | $12,050 | 1 | n/a |
| Veterans of Foreign Wars Department of Michigan | $12,000 | 1 | 1% |
| Spaulding Township Fire Fighters Association | $11,370 | 1 | n/a |
| Birch Run Taymouth Parents for Youth Association | $10,515 | 1 | n/a |
| American Legion | $10,000 | 1 | n/a |
| Saginaw Symphony Association | $10,000 | 1 | 3% |
| Hemlock Community Pep Club | $10,000 | 1 | n/a |
| Birch Run Schools | $10,000 | 1 | n/a |
| Lakeville Wrestling Alumni Association Inc | $9,104 | 1 | n/a |
| Heart of the City Development Center | $8,900 | 1 | n/a |
| Millington Youth Wrestling | $8,500 | 1 | n/a |
| Reese Public School | $8,000 | 1 | n/a |
| Marathon Township | $6,000 | 1 | n/a |
| Bridgeport High School | $6,000 | 1 | n/a |
Where it is load-bearing
Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union supplied at least a quarter of the budget for 2 of its grantees at some point. The chart plots its 9 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: Saginaw Community Foundation · Allen E & Marie A Nickless Memorial Foundation · The Frankenmuth Community Foundation Inc · Wickson-Link Memorial Foundation · Wallace & Irene Bronner Family Charitable Foundation · Consumers Energy Foundation · The Bank of America Charitable Foundation Inc · Amazonsmile Foundation
How this is measured
Compare Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union with peer funders
About Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union
- How much does Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union give?
- Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union reported 5 itemized grants totaling $69,375, out of $613,994 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 4 and 14 organizations a year over FY2021 to FY2023.
- What does Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union fund?
- By grant dollars over FY2021 to FY2024, its largest causes are Arts & Culture (17%), Recreation & Sports (15%), Education (15%).
- Who are Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union's largest grantees?
- By total granted over FY2021 to FY2024: Elkton Village Downtown Development Authority ($40k), Frankenmuth Chamber of Commerce ($30k), Hope for the Forgotten Outreach ($27k).
- Does Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union?
- Its strongest co-funders, measured against what their size predicts, include Saginaw Community Foundation, Allen E & Marie A Nickless Memorial Foundation, The Frankenmuth Community Foundation Inc.
- Where is Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union based?
- Credit Unions Chartered in the State of Michigan Frankenmuth Credit Union is based in MI.