Massachusetts · Public charity
Metro Credit Union
METRO CREDIT UNION provides loan and deposit products to members that assist them in meeting their financial needs.
- $322k
- Granted FY2024(still arriving)
- 10
- Itemized grants FY2024
- 10
- Organizations funded FY2023
- 40%
- First-time grantees FY2023
- Itemized, FY2024
- $217k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $10,100
- Largest grant, FY2024
- $106,100
- Organizations funded a year
- 3 to 10
- FY2019 to FY2023
- States reached, FY2024
- 3
- Total assets, FY2024
- $3.4B
How open it is to new grantees
In FY2023, 40% of the organizations Metro Credit Union funded were first-time grantees, receiving 64% of its grant dollars.
New vs renewed · share of each year
In FY2023, 36% of grant dollars renewed an existing relationship; $160k 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 | $217k | 20% |
| FY2023 | 10 | $252k | 40% |
| FY2022 | 7 | $87k | 57% |
| FY2021 | 3 | $75k | 0% |
| FY2020 | 7 | $58k | 14% |
| FY2019 | 8 | $113k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.
Top grantees
Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Metro Credit Union Foundation Inc | $236,100 | 2 | 100% |
| National Credit Union Foundation | $91,250 | 4 | 1% |
| The City of Boston | $65,515 | 3 | n/a |
| Cooperative Credit Union Association Inc | $52,352 | 3 | 0% |
| The Neighborhood Developers Inc | $50,000 | 5 | 0% |
| Greater Boston Real Estate Board | $49,750 | 4 | 0% |
| Trustees of Boston University | $38,957 | 3 | 0% |
| La Colaborativa Inc | $30,000 | 2 | 2% |
| Inversant Inc | $30,000 | 3 | 1% |
| Harborcov Inc | $29,000 | 1 | 1% |
Show all 19 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Metro Credit Union Foundation Inc | $236,100 | 2 | 100% |
| National Credit Union Foundation | $91,250 | 4 | 1% |
| The City of Boston | $65,515 | 3 | n/a |
| Cooperative Credit Union Association Inc | $52,352 | 3 | 0% |
| The Neighborhood Developers Inc | $50,000 | 5 | 0% |
| Greater Boston Real Estate Board | $49,750 | 4 | 0% |
| Trustees of Boston University | $38,957 | 3 | 0% |
| La Colaborativa Inc | $30,000 | 2 | 2% |
| Inversant Inc | $30,000 | 3 | 1% |
| Harborcov Inc | $29,000 | 1 | 1% |
| Banzai Inc | $26,330 | 3 | n/a |
| America's Credit Union Museum Foundation | $20,000 | 2 | 6% |
| Initiative for a Competitive Inner City Inc | $20,000 | 3 | 0% |
| Massachusetts Coalition for the Homeless Inc | $15,750 | 2 | 1% |
| South Shore Realtors Inc | $10,000 | 1 | 1% |
| Old School Sports Group LLC | $10,000 | 1 | n/a |
| Filene Research Institute Inc | $10,000 | 1 | 0% |
| Second Chance Cars Inc | $9,238 | 1 | 3% |
| The Community Impact Fund | $7,000 | 1 | 0% |
Where it is load-bearing
Metro Credit Union supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 16 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: Eastern Bank Foundation · Boston Foundation Inc · George H & Jane a Mifflin Memorial Fund · Cummings Foundation Grants Inc (Fka Oneworld Boston Inc) · American Online Giving Foundation Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
About Metro Credit Union
- How much does Metro Credit Union give?
- Metro Credit Union reported 10 itemized grants totaling $217,219, out of $322,106 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 3 and 10 organizations a year over FY2019 to FY2023.
- What does Metro Credit Union fund?
- By grant dollars over FY2019 to FY2024, its largest causes are Philanthropy (41%), Community Improvement (17%), Housing & Shelter (16%).
- Who are Metro Credit Union's largest grantees?
- By total granted over FY2019 to FY2024: Metro Credit Union Foundation Inc ($236k), National Credit Union Foundation ($91k), The City of Boston ($66k).
- Does Metro Credit Union fund new organizations?
- In FY2023, 40% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Metro Credit Union?
- Its strongest co-funders, measured against what their size predicts, include Eastern Bank Foundation, Boston Foundation Inc, George H & Jane a Mifflin Memorial Fund.
- Where is Metro Credit Union based?
- Metro Credit Union is based in MA.
Play a game based on Metro Credit Union’s filings →