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Sound Credit Union at a glanceAlso receives grants: funding profile →

· Public charity

Sound Credit Union

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

$192k
Granted FY2024still arriving
1
Grants FY2024still arriving
1
States reached
$90k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% 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
02FY2024 · 1 grant

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 1 grants below total $90,000, the rows itemized in this filing. The $192,000 headline is the total grant expense on the return; the other $102,000 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.
$90,000
Median grant
1
States reached
$3.1B
Total assets
Largest grants
RecipientAmount
FOOD LIFELINE$90,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–23, $291k) land where the poverty rate runs at 9%, against an area that typically sits at 8%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%AMERICAN NATIONAL RED CROSS: $10k → 14%YMCA: $12k → 9%YMCA OF PIERCE AND KITSAP COUNTIES: $10k → 9%YMCA: $10k → 9%YMCA OF PIERCE AND KITSAP COUNTIES: $10k → 9%YMCA OF PIERCE AND KITSAP COUNTIES: $10k → 9%NORTHWEST CREDIT UNION ASSOCIATION: $46k → 9%YMCA: $10k → 9%GOWEST CREDIT UNION FOUNDATION: $32k → 9%TACOMA URBAN LEAGUE: $6k → 9%GOWEST FOUNDATION: $30k → 9%NORTHWEST CREDIT UNION ASSOCIATION: $30k → 9%NORTHWEST CREDIT UNION ASSOCIATION: $28k → 9%NORTHWEST CREDIT UNION ASSOCIATION: $25k → 9%NORTHWEST CREDIT UNION ASSOCIATION: $22k → 9%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 10% of Sound Credit Union’s grant dollars are earmarked for a different county than the recipient’s own address.

Sound Credit Unionlessmore of its giving
Placed by recipient address
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

75%of every dollar goes to organizations it has funded before.
$891k · 13 repeat orgs$298k to everyone else

Grantees it renews have grown median revenue +39% since the first grant, against +4% for those funded once.

13 repeat relationships: 1 still active in FY2024, 12 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

13
11

Total granted

$891k
$298k

Median revenue growth · since first grant

+39%
+4%

Still filing today

85%
82%

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

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

’17’18’19’20’21’22’23’24
Human ServicesCommunity ImprovementFood & NutritionEducationAnimalsPhilanthropyOther
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.

Backed again, and grew

  • GF
    GOWEST FOUNDATION
    7× · 2017–2023 · $213k · revenue ×19
  • FL
    FOOD LIFELINE
    4× · 2020–2024 · $146k · revenue +6%
  • UO
    UNIVERSITY OF WASHINGTON FOUNDATION
    6× · 2017–2022 · $116k · revenue +46%

Funded once

  • WP
    WOODLAND PARK ZOOLOGICAL SOCIETYgraduated
    one grant, 2020 · $100k · revenue +112%
  • CU
    CREDIT UNION NATIONAL ASSOCIATION INC
    one grant, 2019 · $100k · revenue +4%
  • NH
    NORTHWEST HARVEST EMM
    one grant, 2020 · $26k · revenue -35%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Association of Washington Cities

The association of washington cities builds connections between our state's diverse cities and towns, while providing our members with the support needed to thrive through delivery of data-driven education, nationally recognized pooling…

—
2
Credit Unions in the State of Washington

Our mission is is to collaborate with community to create access to financial opportunities. we provide affordable credit union financial services to low and moderate income people in washington state. this enables people in washington to…

—
3
Community Credit Lab

To support equitable access to economic opportunities for immigrants, refugees, low-income, marginalized, and underserved communities in king county and the united states.

Human Services
4
Sound Credit Union

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

—
5
Seattlecu Foundation

The foundations impact pillars include wealth creation for low-income and marginalized communities, supporting small businesses, investing in our communities, and providing services for immigrant communities.

Education
6
Credit Unions in the State of Washington

Mutual membership benefit programs general other provided cooperative financial services

—
7
Credit Unions in the State of Washington

The credit union operated without profit for mutual purposes

—
8
Washington Area Community Investment Fund Inc

The washington area community investment fund (wacif) is a nonprofit community loan fund focused on increasing equity and economic opportunity in the washington, dc area's underserved communities. wacif's mission is driven is driven by…

—
9
Credit Unions in the State of Washington

As a cooperative we bring people together to improve the financial well-being of our members and their communities.

—
10
Cowlitz Economic Development Council

Foster Growth in the Community

—
11
Association of Washington Business

Awb is the catalytic leader and unifying voice for economic prosperity, enabling our members, their employees and all citizens to prosper throughout washington state.

—
12
Northwest Commission on Colleges and Universities

Northwest Commission on Colleges and Universities accredits institutions of higher education by applying evidence-informed standards and processes to support continuous improvements and promote equitable student achievement and success.

Education
How this is measured
The grantee most central to the portfolio’s shape is Greater Tacoma Community Foundation; the most unlike its peers is News Tribune Scholarship Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

23 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 23 of the 25 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
2
Early backer (in before they grew)
21/23
Grantees still filing
15/23
Grew since first funded

Where the money sits, by cause and then by grantee

GOWEST FOUNDATION: $212,772 · Human ServicesGOWEST FOUNDATIONYOUNG MEN'S CHRISTIAN ASSOCIATION OF PIERCE AND KITSAP COUNTIES: $62,098 · Human ServicesYOUNG MEN'S CHRISTIAN ASSOC…American National Red Cross & Its Constituent Chapters and Branches: $10,000 · Human Services+1 more: $6,131 · Human ServicesNEWS TRIBUNE SCHOLARSHIP FOUNDATION: $102,500 · OtherNEWS TRIBUNE SCHOLARSHIP FOUND…NATIONAL CREDIT UNION FOUNDATION: $60,188 · OtherNATIONAL CREDIT UNION FOUNDATI…ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY: $42,500 · OtherECONOMIC DEVELOPMENT BOARD FOR…NORTHWEST HARVEST EMM: $26,100 · OtherNORTHWEST HARVEST EMMAmerican Red Cross: $18,137 · OtherAmerican Red CrossBoys and Girls Clubs of South Puget Sound: $14,168 · OtherSEATTLE OUT AND PROUD INC: $15,000 · OtherFRIENDS OF THE CHILDREN TACOMA: $11,409 · Other+4 more: $36,278 · Other+4 moreCREDIT UNION NATIONAL ASSOCIATION INC: $100,000 · Community ImprovementCREDIT UNION NAT…SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW: $72,000 · Community ImprovementSEATTLE ECONOMIC…+1 more: $5,500 · Community ImprovementFOOD LIFELINE: $145,975 · Food & NutritionFOOD LIFELINEEMERGENCY FOOD NETWORK OF TACOMA AND PIERCE COUNTY: $6,400 · Food & NutritionUNIVERSITY OF WASHINGTON FOUNDATION: $115,500 · EducationUNIVERSITY…WOODLAND PARK ZOOLOGICAL SOCIETY: $100,100 · AnimalsWOODLAND …UNITED WAY OF PIERCE COUNTY: $25,875 · PhilanthropyGREATER TACOMA COMMUNITY FOUNDATION: $23,750 · Philanthropy
Human Services$291,001Other$326,280Community Improvement$177,500Food & Nutrition$152,375Education$115,500Animals$100,100Philanthropy$49,625

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetGOWEST FOUNDATION: $212,772 over 7y, 6.5% of budgetFOOD LIFELINE: $145,975 over 4y, 0.1% of budgetUNIVERSITY OF WASHINGTON FOUNDATION: $115,500 over 6y, 0.0% of budgetWOODLAND PARK ZOOLOGICAL SOCIETY: $100,100 over 1y, 0.3% of budgetCREDIT UNION NATIONAL ASSOCIATION INC: $100,000 over 1y, 0.1% of budgetSEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW: $72,000 over 3y, 0.5% of budgetYOUNG MEN'S CHRISTIAN ASSOCIATION OF PIERCE AND KITSAP COUNTIES: $62,098 over 6y, 0.0% of budgetNATIONAL CREDIT UNION FOUNDATION: $60,188 over 3y, 0.5% of budgetECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY: $42,500 over 5y, 1.3% of budgetNORTHWEST HARVEST EMM: $26,100 over 1y, 0.0% of budgetUNITED WAY OF PIERCE COUNTY: $25,875 over 2y, 0.3% of budgetGREATER TACOMA COMMUNITY FOUNDATION: $23,750 over 2y, 0.1% of budgetSEATTLE OUT AND PROUD INC: $15,000 over 2y, 1.2% of budgetFRIENDS OF THE CHILDREN TACOMA: $11,409 over 2y, 1.1% of budgetTACOMAPIERCE COUNTY HABITAT FOR HUMANIT: $10,553 over 2y, 0.1% of budgetWORLDWIDE FOUNDATION FOR CREDIT UNIONS INC: $10,225 over 1y, 0.3% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $10,000 over 1y, 0.0% of budgetINCLUSIV INC: $7,500 over 1y, 0.1% of budgetEMERGENCY FOOD NETWORK OF TACOMA AND PIERCE COUNTY: $6,400 over 1y, 0.0% of budgetTacoma Urban League: $6,131 over 1y, 0.3% of budgetPUYALLUP MAIN STREET ASSOCIATION: $5,500 over 1y, 1.4% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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 …The Norcliffe Foundat…The Russell Family Fo…Seattle FoundationMedina FoundationCommonspirit Washingt…Sequoia FoundationKorum for Kids Founda…Multicare Health Syst…The Bamford FoundationM J Murdock Charitabl…Harborstone Credit Un…
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.

How much its grantees rely on government

Each dot is one organization Sound Credit Union funds: left to right is the share of its income from government, bottom to top the share from Sound Credit Union. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    8report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 25 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Sound Credit Union’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home