Michigan · Public charity
Lake Trust Credit Union Foundation
To create healthy and vibrant communities through educating, engaging, and giving in the areas of economic empowerment and community enhancement.
- $240k
- Granted FY2024(still arriving)
- 10
- Itemized grants FY2024
- 7
- Organizations funded FY2023
- 57%
- First-time grantees FY2023
- Itemized, FY2024
- $111k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $12,000
- Largest grant, FY2024
- $15,000
- Organizations funded a year
- 3 to 17
- FY2018 to FY2023
- States reached, FY2024
- 2
- Total assets, FY2024
- $1.0M
How open it is to new grantees
In FY2023, 57% of the organizations Lake Trust Credit Union Foundation funded were first-time grantees, receiving 54% of its grant dollars.
New vs renewed · share of each year
In FY2023, 46% of grant dollars renewed an existing relationship; $52k 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 | 10 | $111k | 70% |
| FY2023 | 7 | $97k | 57% |
| FY2022 | 17 | $176k | 88% |
| FY2021 | 7 | $67k | 100% |
| FY2020 | 3 | $34k | 67% |
| FY2019 | 4 | $65k | 75% |
| FY2018 | 6 | $47k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2024.
Top grantees
Largest recipients by total granted, FY2018 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Operation Warm Inc | $108,000 | 3 | 0% |
| Love Centers International Inc | $27,000 | 2 | 1% |
| Univerisity of Michigan Impact Investing Group | $25,000 | 2 | n/a |
| Pink Fund Inc | $24,000 | 2 | 1% |
| Eastside Community Action Center | $24,000 | 3 | 9% |
| Scholastic Book Fairs | $21,121 | 1 | n/a |
| Gleaners Community Food Bank of Southeastern Michigan | $20,400 | 2 | 0% |
| Community Housing Network Inc | $20,000 | 2 | 0% |
| Greater Lansing Food Bank | $18,100 | 1 | 0% |
| Scholastic Inc | $14,400 | 1 | n/a |
Show all 44 grantees
Where it is load-bearing
Each grantee by its size and the share of its budget Lake Trust Credit Union Foundation supplied at peak.
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: Consumers Energy Foundation · Community Foundation for Southeast Michigan · DTE Energy Foundation · United Way for Southeastern Michigan · Trinity Health - Michigan · Comerica Charitable Foundation · WK Kellogg Foundation · The Carls Foundation · Harry a and Margaret D Towsley Foundation · Michigan Health Endowment Fund · Charles Stewart Mott Foundation · Herrick Foundation
How this is measured
Compare Lake Trust Credit Union Foundation with peer funders
About Lake Trust Credit Union Foundation
- How much does Lake Trust Credit Union Foundation give?
- Lake Trust Credit Union Foundation reported 10 itemized grants totaling $110,638, out of $240,065 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 3 and 17 organizations a year over FY2018 to FY2023.
- What does Lake Trust Credit Union Foundation fund?
- By grant dollars over FY2018 to FY2024, its largest causes are Human Services (27%), Food & Nutrition (22%), Housing & Shelter (20%).
- Who are Lake Trust Credit Union Foundation's largest grantees?
- By total granted over FY2018 to FY2024: Operation Warm Inc ($108k), Love Centers International Inc ($27k), Univerisity of Michigan Impact Investing Group ($25k).
- Does Lake Trust Credit Union Foundation fund new organizations?
- In FY2023, 57% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Lake Trust Credit Union Foundation?
- Its strongest co-funders, measured against what their size predicts, include Consumers Energy Foundation, Community Foundation for Southeast Michigan, DTE Energy Foundation.
- Where is Lake Trust Credit Union Foundation based?
- Lake Trust Credit Union Foundation is based in MI.
Play a game based on Lake Trust Credit Union’s filings →