California · Public charity
Frontwave Credit Union
FRONTWAVE CREDIT UNION is a cooperative, organized for the purpose of promoting thrift and savings among its members, creating a source of credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic…
- $127k
- Granted FY2020
- 7
- Itemized grants FY2020
- 6
- Organizations funded FY2020
- 50%
- First-time grantees FY2020
- Itemized, FY2020
- $75k
- The rest is grants the schedule does not break out
- Median grant, FY2020
- $8,000
- Largest grant, FY2020
- $20,899
- Organizations funded a year
- 6 to 7
- FY2019 to FY2020
- States reached, FY2020
- 2
- Total assets, FY2020
- $1.4B
How open it is to new grantees
In FY2020, 50% of the organizations Frontwave Credit Union funded were first-time grantees, receiving 44% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2020 | 6 | $70k | 50% |
| FY2019 | 7 | $117k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2020.
Top grantees
Largest recipients by total granted, FY2019 to FY2020, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Armed Services YMCA of the USA | $47,059 | 2 | n/a |
| Moonlight Cultural Foundation | $40,500 | 2 | 3% |
| Oceanside Chamber of Commerce | $20,010 | 1 | 2% |
| Oceanside Museum of Art | $18,000 | 2 | 1% |
| Spectrum Sports Management | $15,000 | 1 | n/a |
| Rady Children's Hospital Foundation San Diego | $15,000 | 1 | 0% |
| Asa Entertainment Group LLC | $10,000 | 1 | n/a |
| California Center for the Arts Escondido Foundation | $10,000 | 1 | 0% |
| Marine Corps Association Foundation | $5,770 | 1 | 0% |
| Kinane Events Inc | $5,391 | 1 | n/a |
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: Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund
How this is measured
About Frontwave Credit Union
- How much does Frontwave Credit Union give?
- Frontwave Credit Union reported 7 itemized grants totaling $75,070, out of $126,686 in total grant expense reported on the return in its FY2020 IRS filing. It funded between 6 and 7 organizations a year over FY2019 to FY2020.
- What does Frontwave Credit Union fund?
- By grant dollars over FY2019 to FY2020, its largest causes are Recreation & Sports (40%), Arts & Culture (39%), Community Improvement (10%).
- Who are Frontwave Credit Union's largest grantees?
- By total granted over FY2019 to FY2020: Armed Services YMCA of the USA ($47k), Moonlight Cultural Foundation ($41k), Oceanside Chamber of Commerce ($20k).
- Does Frontwave Credit Union fund new organizations?
- In FY2020, 50% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Frontwave Credit Union?
- Its strongest co-funders, measured against what their size predicts, include Donor Advised Charitable Giving Inc, Fidelity Investments Charitable Gift Fund.
- Where is Frontwave Credit Union based?
- Frontwave Credit Union is based in CA.
Play a game based on Frontwave Credit Union’s filings →