California · Public charity
Technology Credit Union
TECHNOLOGY CREDIT UNION is a cooperative, organized for the purpose of promoting thrift and savings among its members, creating a source of credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic…
- $50k
- Granted FY2020
- 4
- Itemized grants FY2020
- 3
- Organizations funded FY2020
- 100%
- First-time grantees FY2020
- Itemized, FY2020
- $38k
- The rest is grants the schedule does not break out
- Median grant, FY2020
- $10,000
- Largest grant, FY2020
- $10,000
- Organizations funded a year
- 2 to 3
- FY2018 to FY2020
- States reached, FY2020
- 1
- Total assets, FY2020
- $4.8B
How open it is to new grantees
In FY2020, 100% of the organizations Technology 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 |
|---|---|---|---|
| FY2020 | 3 | $30k | 100% |
| FY2018 | 2 | $23k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2020.
Top grantees
Largest recipients by total granted, FY2018 to FY2020, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| American National Red Cross & Its Constituent Chapters and Branches | $18,298 | 1 | 0% |
| Second Harvest of Silicon Valley | $10,000 | 1 | 0% |
| Valley Health Foundation (Vhf) | $10,000 | 1 | 0% |
| African American Community Service Agency | $10,000 | 1 | 1% |
| Heffernan Group Foundation | $5,000 | 1 | 0% |
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About Technology Credit Union
- How much does Technology Credit Union give?
- Technology Credit Union reported 4 itemized grants totaling $37,500, out of $50,291 in total grant expense reported on the return in its FY2020 IRS filing. It funded between 2 and 3 organizations a year over FY2018 to FY2020.
- What does Technology Credit Union fund?
- By grant dollars over FY2018 to FY2020, its largest causes are Housing & Shelter (32%), Public Safety & Disaster (26%), Health (14%).
- Who are Technology Credit Union's largest grantees?
- By total granted over FY2018 to FY2020: American National Red Cross & Its Constituent Chapters and Branches ($18k), Second Harvest of Silicon Valley ($10k), Valley Health Foundation (Vhf) ($10k).
- Does Technology Credit Union fund new organizations?
- In FY2020, 100% of the organizations it funded were first-time grantees.
- Where is Technology Credit Union based?
- Technology Credit Union is based in CA.
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