Washington · Public charity
Seattle Metropolitan Credit Union
To promote thrift among its members, serve the underserved in the seattle metropolitan area, and to provide financial services and to create a source of credit for them at legitimate rates of interest for provident, productive and educational purposes.
- $326k
- Granted FY2024(still arriving)
- 4
- Itemized grants FY2024
- 3
- Organizations funded FY2023
- 67%
- First-time grantees FY2023
- Itemized, FY2024
- $291k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $26,060
- Largest grant, FY2024
- $250,000
- Organizations funded a year
- 3 to 5
- FY2018 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $1.1B
How open it is to new grantees
In FY2023, 67% of the organizations Seattle Metropolitan Credit Union funded were first-time grantees, receiving 44% of its grant dollars.
New vs renewed · share of each year
In FY2023, 56% of grant dollars renewed an existing relationship; $18k 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 | 4 | $291k | 75% |
| FY2023 | 3 | $40k | 67% |
| FY2022 | 3 | $39k | 100% |
| FY2021 | 3 | $30k | 67% |
| FY2019 | 4 | $48k | 50% |
| FY2018 | 5 | $64k | 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 |
|---|---|---|---|
| Seattlecu Foundation | $250,000 | 1 | 100% |
| 21 Progress Fund | $35,000 | 2 | 23% |
| Edmonds College Foundation | $31,359 | 2 | 1% |
| Tacoma Community House | $26,060 | 1 | 1% |
| El Centro de la Raza | $25,000 | 2 | 0% |
| United Way of King County | $24,500 | 2 | 0% |
| United Negro College Fund Inc | $20,000 | 1 | 0% |
| Columbia Tower Club | $12,650 | 2 | n/a |
| Alpfa Inc | $12,000 | 1 | 0% |
| Third Sector New England Inc | $11,920 | 2 | 0% |
Show all 17 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Seattlecu Foundation | $250,000 | 1 | 100% |
| 21 Progress Fund | $35,000 | 2 | 23% |
| Edmonds College Foundation | $31,359 | 2 | 1% |
| Tacoma Community House | $26,060 | 1 | 1% |
| El Centro de la Raza | $25,000 | 2 | 0% |
| United Way of King County | $24,500 | 2 | 0% |
| United Negro College Fund Inc | $20,000 | 1 | 0% |
| Columbia Tower Club | $12,650 | 2 | n/a |
| Alpfa Inc | $12,000 | 1 | 0% |
| Third Sector New England Inc | $11,920 | 2 | 0% |
| Friends of Little Saigon | $10,000 | 1 | 1% |
| National Black Mba Association - Seattle Chapter | $10,000 | 1 | n/a |
| Black Owned Business Excellence | $10,000 | 1 | n/a |
| Ukrainian Community Center of Washington | $10,000 | 1 | 0% |
| Latino Educational Training Institute | $10,000 | 1 | 0% |
| Sea Mar Community Health Centers | $7,500 | 1 | 0% |
| Young Womens Christian Association of Seattle-King County-Snohomish County | $6,000 | 1 | 0% |
Where it is load-bearing
Seattle Metropolitan Credit Union supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 14 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: Seattle Foundation · Puget Sound Energy Foundation · School's Out Washington · Credit Unions in the State of Washington · Northwest Harvest Emm · Inatai Foundation · The Norcliffe Foundation · Local Initiatives Support Corporation · The Bank of America Charitable Foundation Inc · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund
How this is measured
About Seattle Metropolitan Credit Union
- How much does Seattle Metropolitan Credit Union give?
- Seattle Metropolitan Credit Union reported 4 itemized grants totaling $291,210, out of $326,488 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 3 and 5 organizations a year over FY2018 to FY2023.
- What does Seattle Metropolitan Credit Union fund?
- By grant dollars over FY2018 to FY2024, its largest causes are Education (62%), Community Improvement (16%), Human Services (13%).
- Who are Seattle Metropolitan Credit Union's largest grantees?
- By total granted over FY2018 to FY2024: Seattlecu Foundation ($250k), 21 Progress Fund ($35k), Edmonds College Foundation ($31k).
- Does Seattle Metropolitan Credit Union fund new organizations?
- In FY2023, 67% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Seattle Metropolitan Credit Union?
- Its strongest co-funders, measured against what their size predicts, include Seattle Foundation, Puget Sound Energy Foundation, School's Out Washington.
- Where is Seattle Metropolitan Credit Union based?
- Seattle Metropolitan Credit Union is based in WA.
Play a game based on Seattle Metropolitan Credit Union’s filings →