Florida · Public charity
Penair Credit Union
The credit union's mission is to promote thrift among its members, creating sources of credit at a fair and reasonable rates of interest, and providing an opportunity for its members to use and control their resources on a democratic basis to improve their economic and social condition. The credit union serves members in baldwin or…
- $222k
- Granted FY2024(still arriving)
- 2
- Itemized grants FY2024
- 7
- Organizations funded FY2023
- 86%
- First-time grantees FY2023
- Itemized, FY2024
- $139k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $128,500
- Largest grant, FY2024
- $128,500
- Organizations funded a year
- 1 to 7
- FY2022 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $2.6B
How open it is to new grantees
In FY2023, 86% of the organizations Penair Credit Union funded were first-time grantees, receiving 43% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 2 | $139k | 50% |
| FY2023 | 7 | $230k | 86% |
| FY2022 | 1 | $26k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2024.
Top grantees
Largest recipients by total granted, FY2022 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| University of West Florida Foundation Inc | $285,182 | 3 | 1% |
| Naval Aviation Museum Foundation Inc | $33,000 | 1 | 0% |
| Friends of the Navy Marine Corps Relief Society Inc | $24,000 | 1 | 52% |
| Pensacola Council Navy League of the United States Inc | $12,600 | 1 | n/a |
| Prodisee Pantry Inc | $10,000 | 1 | 1% |
| Manna Food Bank Inc | $10,000 | 1 | 0% |
| United Service Organizations Inc | $10,000 | 1 | 0% |
| Southeastern Credit Union Foundation | $10,000 | 1 | 1% |
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: National Philanthropic Trust · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
About Penair Credit Union
- How much does Penair Credit Union give?
- Penair Credit Union reported 2 itemized grants totaling $138,500, out of $221,833 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 7 organizations a year over FY2022 to FY2023.
- What does Penair Credit Union fund?
- By grant dollars over FY2022 to FY2024, its largest causes are Education (72%), Arts & Culture (8%), Public Safety & Disaster (8%).
- Who are Penair Credit Union's largest grantees?
- By total granted over FY2022 to FY2024: University of West Florida Foundation Inc ($285k), Naval Aviation Museum Foundation Inc ($33k), Friends of the Navy Marine Corps Relief Society Inc ($24k).
- Does Penair Credit Union fund new organizations?
- In FY2023, 86% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Penair Credit Union?
- Its strongest co-funders, measured against what their size predicts, include National Philanthropic Trust, The Bank of America Charitable Foundation Inc, Donor Advised Charitable Giving Inc.
- Where is Penair Credit Union based?
- Penair Credit Union is based in FL.
Play a game based on Penair Credit Union’s filings →