Maryland · Public charity
State Employees Credit Union of Maryland Inc
Secu's mission is to create experiences and connections that empower members to elevate their financial wellness. We will do this in a cooperative way where our members are the owners and our communities are at the center.
- $493k
- Granted FY2024(still arriving)
- 8
- Itemized grants FY2024
- 4
- Organizations funded FY2023
- 0%
- First-time grantees FY2023
- Itemized, FY2024
- $473k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $21,000
- Largest grant, FY2024
- $345,000
- Organizations funded a year
- 3 to 9
- FY2017 to FY2023
- States reached, FY2024
- 2
- Total assets, FY2024
- $5.5B
How open it is to new grantees
In FY2023, 0% of the organizations State Employees Credit Union of Maryland Inc 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.
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 | 7 | $466k | 29% |
| FY2023 | 4 | $46k | 0% |
| FY2022 | 3 | $1.2M | 33% |
| FY2021 | 3 | $291k | 33% |
| FY2020 | 3 | $444k | 0% |
| FY2019 | 5 | $224k | 0% |
| FY2018 | 9 | $268k | 44% |
| FY2017 | 6 | $81k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
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 |
|---|---|---|---|
| Secu Md Foundation Inc | $2,592,071 | 6 | 93% |
| The Credit Union Foundation of Md & DC | $105,000 | 7 | 10% |
| Special Olympics Maryland Inc | $77,000 | 4 | 1% |
| African American Credit Union Coalition | $60,000 | 3 | 5% |
| Council on Economic Education in Maryland Inc | $45,500 | 5 | 2% |
| The United Way of Central Maryland Inc | $35,765 | 3 | 0% |
| Ulman Foundation Inc | $33,000 | 3 | 1% |
| National Credit Union Foundation | $27,300 | 2 | 0% |
| Kennedy Krieger Foundation Inc | $24,500 | 1 | 0% |
| Worldwide Foundation for Credit Unions Inc | $20,000 | 2 | 0% |
Show all 14 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Secu Md Foundation Inc | $2,592,071 | 6 | 93% |
| The Credit Union Foundation of Md & DC | $105,000 | 7 | 10% |
| Special Olympics Maryland Inc | $77,000 | 4 | 1% |
| African American Credit Union Coalition | $60,000 | 3 | 5% |
| Council on Economic Education in Maryland Inc | $45,500 | 5 | 2% |
| The United Way of Central Maryland Inc | $35,765 | 3 | 0% |
| Ulman Foundation Inc | $33,000 | 3 | 1% |
| National Credit Union Foundation | $27,300 | 2 | 0% |
| Kennedy Krieger Foundation Inc | $24,500 | 1 | 0% |
| Worldwide Foundation for Credit Unions Inc | $20,000 | 2 | 0% |
| Towson University Foundation Inc | $12,000 | 1 | 0% |
| University of Maryland Medical System Foundation Inc | $11,000 | 1 | 0% |
| Best Is Ahead Foundation Inc | $10,000 | 1 | 1% |
| Cash Campaign of Maryland Inc | $7,500 | 1 | 0% |
Where it is load-bearing
State Employees Credit Union of Maryland Inc 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: American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Amazonsmile Foundation
How this is measured
Compare State Employees Credit Union of Maryland Inc with peer funders
About State Employees Credit Union of Maryland Inc
- How much does State Employees Credit Union of Maryland Inc give?
- State Employees Credit Union of Maryland Inc reported 8 itemized grants totaling $473,000, out of $493,398 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 3 and 9 organizations a year over FY2017 to FY2023.
- What does State Employees Credit Union of Maryland Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Education (86%), Philanthropy (3%), Human Services (3%).
- Who are State Employees Credit Union of Maryland Inc's largest grantees?
- By total granted over FY2017 to FY2024: Secu Md Foundation Inc ($2.6M), The Credit Union Foundation of Md & DC ($105k), Special Olympics Maryland Inc ($77k).
- Does State Employees Credit Union of Maryland Inc fund new organizations?
- In FY2023, 0% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as State Employees Credit Union of Maryland Inc?
- Its strongest co-funders, measured against what their size predicts, include American Online Giving Foundation Inc, Donor Advised Charitable Giving Inc, Amazonsmile Foundation.
- Where is State Employees Credit Union of Maryland Inc based?
- State Employees Credit Union of Maryland Inc is based in MD.
Play a game based on State Employees Credit Union of Maryland’s filings →