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Illinois · Public charity

Illinois Credit Union Foundation

Promote charitable and educational goals as they relate to State and Federally chartered Credit Unions.

$663k
Granted FY2024(still arriving)
42
Grants FY2024
16
Organizations funded FY2023
81%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$10,000
Largest grant, FY2024
$107,167
Organizations funded a year
3 to 16
FY2020 to FY2023
States reached, FY2024
1
Total assets, FY2024
$2.7M

How open it is to new grantees

In FY2023, 81% of the organizations Illinois Credit Union Foundation funded were first-time grantees, receiving 56% of its grant dollars.

New vs renewed · share of each year

In FY2023, 44% of grant dollars renewed an existing relationship; $113k went to new ones.

50%100%’21’22’23
RenewedFirst-time

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

’21’22’23
Public BenefitOther
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
FY2024still arriving39$653k77%
FY202316$201k81%
FY20225$120k80%
FY20213$86k33%
FY20207$319kn/a
92% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Health$402kMembership Benefit$104kEducation$68kPublic Benefit$57kHuman Services$44kCommunity Improvement$26kPhilanthropy$22kPublic Safety & Disaster$14kOther$0

Top grantees

Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Midwest Members Credit Union$61,40711%
Encurage Financial Network Credit Union$47,61311%
Commonwealth Credit Union$31,54711%
Redbrand Credit Union$31,29511%
The Credit Union for All$30,18320%
Tee-Pak Credit Union$28,52121%
Northwest Community Credit Union$24,11030%
Community Plus Federal Credit Union$22,8691n/a
Central Illinois Credit Union$22,50021%
US Employees Credit Union$21,14810%
Show all 53 grantees
All grantees of Illinois Credit Union Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Midwest Members Credit Union$61,40711%
Encurage Financial Network Credit Union$47,61311%
Commonwealth Credit Union$31,54711%
Redbrand Credit Union$31,29511%
The Credit Union for All$30,18320%
Tee-Pak Credit Union$28,52121%
Northwest Community Credit Union$24,11030%
Community Plus Federal Credit Union$22,8691n/a
Central Illinois Credit Union$22,50021%
US Employees Credit Union$21,14810%
Maternity Bvm Credit Union$20,83523%
Access Credit Union$19,82511%
United Equity Credit Union$19,61310%
Education Personnel CU$18,1071n/a
Bloomington Municipal Credit Union$17,50021%
Northern Illinois Federal Credit Union$16,8732n/a
Siue Credit Union$16,28921%
Decatur Postal Credit Union$15,20024%
Kaskaskia Valley Community Credit Union$14,22411%
New Century$14,0561n/a
Archer Heights Credit Union$11,63711%
Heights Auto Workers CU$11,5002n/a
Advantage One Credit Union$10,76411%
Rock Valley Credit Union$10,00010%
Rockford Municipal Employees Credit Union$10,00011%
Peoria Postal Employees Credit Union$10,00012%
Chicago Municipal Employee's Credit Union$10,00010%
Great Lakes Credit Union$10,00010%
American Nickeloid Employees Dba Anco Community Credit Union$10,00012%
Galesburg Burlington Credit Union$8,50010%
Cbi Fcu$8,5001n/a
Rockford Bell Credit Union$8,50010%
Illinois Valley Credit Union$8,50010%
Riverside Community Credit Union$8,09410%
Mea Cu$7,2001n/a
Service Plus CU$7,0001n/a
Elite Community Credit Union$6,80311%
Ottawa Hiway Credit Union$6,71011%
Blaw Knox Credit Union$6,49511%
Streator Community Credit Union$6,00010%
2 Rivers Area Credit Union$6,00011%
Bloomington Postal Employees Credit Union$6,00011%
Numark Credit Union$5,76010%
Partnership Financial Credit Union$5,76010%
Kane County Teachers Credit Union$5,76010%
Earthmover Credit Union$5,76010%
Metro Credit Union$5,76010%
Altonized FCU$5,5001n/a
River to River Credit Union$5,48510%
Linxus Credit Union$5,43111%
Ibew Local 146 Credit Union$5,30013%
Peoria City Employees Credit Union$5,10012%
Generations Credit Union$5,07310%

Plus 2 recipients with no EIN on record ($637k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Illinois Credit Union Foundation supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetMidwest Members Credit Union: $61,407 over 1y, 0.5% of budgetEncurage Financial Network Credit Union: $47,613 over 1y, 0.9% of budgetCommonwealth Credit Union: $31,547 over 1y, 0.5% of budgetRedbrand Credit Union: $31,295 over 1y, 0.8% of budgetThe Credit Union for All: $30,183 over 2y, 0.5% of budgetTee-Pak Credit Union: $28,521 over 2y, 1.3% of budgetNorthwest Community Credit Union: $24,110 over 3y, 0.4% of budgetCentral Illinois Credit Union: $22,500 over 2y, 0.9% of budgetUS Employees Credit Union: $21,148 over 1y, 0.4% of budgetMaternity Bvm Credit Union: $20,835 over 2y, 3.1% of budgetAccess Credit Union: $19,825 over 1y, 0.7% of budgetUnited Equity Credit Union: $19,613 over 1y, 0.4% of budgetBloomington Municipal Credit Union: $17,500 over 2y, 0.9% of budgetSiue Credit Union: $16,289 over 2y, 0.7% of budgetDecatur Postal Credit Union: $15,200 over 2y, 3.6% of budgetKaskaskia Valley Community Credit Union: $14,224 over 1y, 0.8% of budgetArcher Heights Credit Union: $11,637 over 1y, 1.5% of budgetAdvantage One Credit Union: $10,764 over 1y, 0.9% of budgetRock Valley Credit Union: $10,000 over 1y, 0.1% of budgetRockford Municipal Employees Credit Union: $10,000 over 1y, 1.0% of budgetPeoria Postal Employees Credit Union: $10,000 over 1y, 1.8% of budgetChicago Municipal Employee's Credit Union: $10,000 over 1y, 0.3% of budgetGreat Lakes Credit Union: $10,000 over 1y, 0.0% of budgetAmerican Nickeloid Employees Dba Anco Community Credit Union: $10,000 over 1y, 1.9% of budgetGalesburg Burlington Credit Union: $8,500 over 1y, 0.4% of budgetRockford Bell Credit Union: $8,500 over 1y, 0.5% of budgetIllinois Valley Credit Union: $8,500 over 1y, 0.4% of budgetRiverside Community Credit Union: $8,094 over 1y, 0.4% of budgetElite Community Credit Union: $6,803 over 1y, 0.5% of budgetOttawa Hiway Credit Union: $6,710 over 1y, 0.9% of budgetBlaw Knox Credit Union: $6,495 over 1y, 1.0% of budgetStreator Community Credit Union: $6,000 over 1y, 0.5% of budget2 Rivers Area Credit Union: $6,000 over 1y, 0.5% of budgetBloomington Postal Employees Credit Union: $6,000 over 1y, 0.9% of budgetNumark Credit Union: $5,760 over 1y, 0.0% of budgetPartnership Financial Credit Union: $5,760 over 1y, 0.0% of budgetKane County Teachers Credit Union: $5,760 over 1y, 0.0% of budgetEarthmover Credit Union: $5,760 over 1y, 0.0% of budgetMetro Credit Union: $5,760 over 1y, 0.0% of budgetRiver to River Credit Union: $5,485 over 1y, 0.4% of budgetLinxus Credit Union: $5,431 over 1y, 0.6% of budgetIbew Local 146 Credit Union: $5,300 over 1y, 2.5% of budgetPeoria City Employees Credit Union: $5,100 over 1y, 2.4% of budgetGenerations Credit Union: $5,073 over 1y, 0.4% 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 44.

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Compare Illinois Credit Union Foundation with peer funders

About Illinois Credit Union Foundation

How much does Illinois Credit Union Foundation give?
Illinois Credit Union Foundation reported 42 grants totaling $662,690 in its FY2024 IRS filing. It funded between 3 and 16 organizations a year over FY2020 to FY2023.
What does Illinois Credit Union Foundation fund?
By grant dollars over FY2020 to FY2024, its largest causes are Health (29%), Membership Benefit (8%), Education (5%).
Who are Illinois Credit Union Foundation's largest grantees?
By total granted over FY2020 to FY2024: Midwest Members Credit Union ($61k), Encurage Financial Network Credit Union ($48k), Commonwealth Credit Union ($32k).
Does Illinois Credit Union Foundation fund new organizations?
In FY2023, 81% of the organizations it funded were first-time grantees.
Where is Illinois Credit Union Foundation based?
Illinois Credit Union Foundation is based in IL.

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 55 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

Play a game based on Illinois Credit Union’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home