Texas · Public charity
Rave Financial Credit Union
To enrich people's lives one experience at a time.
- $140k
- Granted FY2024(still arriving)
- 5
- Itemized grants FY2024
- 4
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Itemized, FY2024
- $42k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $6,000
- Largest grant, FY2024
- $17,776
- Organizations funded a year
- 1 to 4
- FY2022 to FY2023
- States reached, FY2024
- 2
- Total assets, FY2024
- $1.1B
How open it is to new grantees
In FY2023, 100% of the organizations Rave Financial Credit Union funded were first-time grantees, receiving 100% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 5 | $42k | 60% |
| FY2023 | 4 | $44k | 100% |
| FY2022 | 1 | $5k | 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 |
|---|---|---|---|
| Beaumont Chamber of Commerce | $19,845 | 2 | 1% |
| American Cancer Society | $17,776 | 1 | n/a |
| American Cancer Society Inc | $14,906 | 1 | 0% |
| United Way of Beaumont & North Jefferson County | $12,000 | 2 | 1% |
| Coastal Conservation Association | $8,950 | 1 | 0% |
| Chambers County Childrens Museum | $7,000 | 1 | 1% |
| Boys Haven of America Inc | $5,389 | 1 | 1% |
| The Beaumont Children's Museum | $5,000 | 1 | 0% |
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 set of overlaps that mostly run through this funder rather than between each other.
Open a dossier: Amazonsmile Foundation
How this is measured
About Rave Financial Credit Union
- How much does Rave Financial Credit Union give?
- Rave Financial Credit Union reported 5 itemized grants totaling $41,526, out of $139,755 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 4 organizations a year over FY2022 to FY2023.
- What does Rave Financial Credit Union fund?
- By grant dollars over FY2022 to FY2024, its largest causes are Health (36%), Community Improvement (22%), Philanthropy (13%).
- Who are Rave Financial Credit Union's largest grantees?
- By total granted over FY2022 to FY2024: Beaumont Chamber of Commerce ($20k), American Cancer Society ($18k), American Cancer Society Inc ($15k).
- Does Rave Financial Credit Union fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Rave Financial Credit Union?
- Its strongest co-funders, measured against what their size predicts, include Amazonsmile Foundation.
- Where is Rave Financial Credit Union based?
- Rave Financial Credit Union is based in TX.
Play a game based on Rave Financial Credit Union’s filings →