How much does Sound Credit Union give?

Sound Credit Union reported 1 itemized grants totaling $90,000, out of $192,000 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 16 organizations a year over FY2017 to FY2023.

What does Sound Credit Union fund?

By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (29%), Human Services (23%), Food & Nutrition (15%).

Who are Sound Credit Union's largest grantees?

By total granted over FY2017 to FY2024: Gowest Foundation ($213k), Food Lifeline ($146k), University of Washington Foundation ($116k).

Does Sound Credit Union fund new organizations?

In FY2023, 0% of the organizations it funded were first-time grantees.

Which funders back the same organizations as Sound Credit Union?

Its strongest co-funders, measured against what their size predicts, include Credit Unions in the State of Washington, The Norcliffe Foundation, The Russell Family Foundation.

Where is Sound Credit Union based?

Sound Credit Union is based in WA.

Foundation Dossiers Also receives grants: funding profile →

Washington · Public charity

Sound Credit Union

A member owned cooperative providing financial services, including loans and share deposits to its members.

$192k
Granted FY2024(still arriving): 1
Itemized grants FY2024: 1
Organizations funded FY2023: 0%
First-time grantees FY2023

Read the full brief

Itemized, FY2024: $90k; The rest is grants the schedule does not break out
Median grant, FY2024: $90,000
Largest grant, FY2024: $90,000
Organizations funded a year: 1 to 16; FY2017 to FY2023
States reached, FY2024: 1
Total assets, FY2024: $3.1B

How open it is to new grantees

In FY2023, 0% of the organizations Sound Credit Union funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2023, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

Community ImprovementFood & NutritionHuman ServicesAnimalsPhilanthropyArts & CultureOther

How this is measured

First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

The numbers by year

Fiscal year	Organizations funded	To those organizations	First-time grantees
FY2024still arriving	1	$90k	0%
FY2023	1	$30k	0%
FY2022	12	$197k	33%
FY2021	11	$171k	18%
FY2020	16	$292k	63%
FY2019	7	$202k	14%
FY2018	6	$103k	33%
FY2017	5	$104k	n/a

100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Community Improvement$349kHuman Services$281kFood & Nutrition$178kAnimals$100kEducation$89kPhilanthropy$81kPublic Safety & Disaster$45kYouth Development$26kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Grantee	Total granted	Years	Share of their budget
Gowest Foundation	$212,772	7	6%
Food Lifeline	$145,975	4	0%
University of Washington Foundation	$115,500	6	0%
News Tribune Scholarship Foundation	$102,500	4	n/a
Woodland Park Zoological Society	$100,100	1	0%
Credit Union National Association Inc	$100,000	1	0%
Seattle Economic Development Fund Business Impact Nw	$72,000	3	0%
Young Men's Christian Association of Pierce and Kitsap Counties	$62,098	6	0%
National Credit Union Foundation	$60,188	3	1%
Economic Development Board for Tacoma/Pierce County	$42,500	5	1%

Show all 24 grantees

All grantees of Sound Credit Union by total granted
Grantee	Total granted	Years	Share of their budget
Gowest Foundation	$212,772	7	6%
Food Lifeline	$145,975	4	0%
University of Washington Foundation	$115,500	6	0%
News Tribune Scholarship Foundation	$102,500	4	n/a
Woodland Park Zoological Society	$100,100	1	0%
Credit Union National Association Inc	$100,000	1	0%
Seattle Economic Development Fund Business Impact Nw	$72,000	3	0%
Young Men's Christian Association of Pierce and Kitsap Counties	$62,098	6	0%
National Credit Union Foundation	$60,188	3	1%
Economic Development Board for Tacoma/Pierce County	$42,500	5	1%
Northwest Harvest Emm	$26,100	1	0%
United Way of Pierce County	$25,875	2	0%
American Red Cross	$18,137	1	n/a
Seattle Out and Proud Inc	$15,000	2	1%
Boys and Girls Clubs of South Puget Sound	$14,168	2	n/a
Friends of the Children Tacoma	$11,409	2	1%
Tacomapierce County Habitat for Humanit	$10,553	2	0%
Worldwide Foundation for Credit Unions Inc	$10,225	1	0%
American National Red Cross & Its Constituent Chapters and Branches	$10,000	1	0%
Tacoma Stars Professional Soccer	$8,000	1	n/a
Inclusiv Inc	$7,500	1	0%
Emergency Food Network of Tacoma and Pierce County	$6,400	1	0%
Tacoma Urban League	$6,131	1	0%
Puyallup Main Street Association	$5,500	1	1%

Each grantee by its size and the share of its budget Sound Credit Union supplied at peak.

Tap a dot to name the grantee.

How this is measured

Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 20.

Nonprofits that may fit its grantmaking

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.

Credit Unions in the State of WashingtonWA21.8× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Credit Unions in the State of Washington · The Norcliffe Foundation · The Russell Family Foundation · Seattle Foundation · Medina Foundation · Commonspirit Washington F/K/A Franciscan Health System · Sequoia Foundation · Korum for Kids Foundation · Multicare Health System · The Bamford Foundation · M J Murdock Charitable Trust · Harborstone Credit Union

How this is measured

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Sound Credit Union with peer funders

About Sound Credit Union

How much does Sound Credit Union give?: Sound Credit Union reported 1 itemized grants totaling $90,000, out of $192,000 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 16 organizations a year over FY2017 to FY2023.
What does Sound Credit Union fund?: By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (29%), Human Services (23%), Food & Nutrition (15%).
Who are Sound Credit Union's largest grantees?: By total granted over FY2017 to FY2024: Gowest Foundation ($213k), Food Lifeline ($146k), University of Washington Foundation ($116k).
Does Sound Credit Union fund new organizations?: In FY2023, 0% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Sound Credit Union?: Its strongest co-funders, measured against what their size predicts, include Credit Unions in the State of Washington, The Norcliffe Foundation, The Russell Family Foundation.
Where is Sound Credit Union based?: Sound Credit Union is based in WA.