How much does Veridian Credit Union give?

Veridian Credit Union reported 39 itemized grants totaling $752,271, out of $985,368 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 7 and 25 organizations a year over FY2017 to FY2023.

What does Veridian Credit Union fund?

By grant dollars over FY2017 to FY2024, its largest causes are Philanthropy (41%), Community Improvement (20%), Human Services (19%).

Who are Veridian Credit Union's largest grantees?

By total granted over FY2017 to FY2024: Operation Threshold Inc ($626k), Iowa Credit Union League ($262k), Grow Cedar Valley ($258k).

Does Veridian Credit Union fund new organizations?

In FY2023, 19% of the organizations it funded were first-time grantees.

Which funders back the same organizations as Veridian Credit Union?

Its strongest co-funders, measured against what their size predicts, include GreenState Credit Union, Lsb Foundation, Duroe Family Foundation.

Where is Veridian Credit Union based?

Veridian Credit Union is based in IA.

Foundation Dossiers Also receives grants: funding profile →

Iowa · Public charity

Veridian Credit Union

The mission of VERIDIAN CREDIT UNION is to partner with members to create successful financial futures.

$985k
Granted FY2024(still arriving): 39
Itemized grants FY2024: 21
Organizations funded FY2023: 19%
First-time grantees FY2023

Read the full brief

Itemized, FY2024: $752k; The rest is grants the schedule does not break out
Median grant, FY2024: $10,000
Largest grant, FY2024: $100,421
Organizations funded a year: 7 to 25; FY2017 to FY2023
States reached, FY2024: 3
Total assets, FY2024: $8.0B

How open it is to new grantees

In FY2023, 19% of the organizations Veridian Credit Union funded were first-time grantees, receiving 7% of its grant dollars.

New vs renewed · share of each year

In FY2023, 93% of grant dollars renewed an existing relationship; $31k went to new ones.

RenewedFirst-time

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

Community ImprovementHousing & ShelterEducationFood & NutritionHuman ServicesCivil RightsOther

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	37	$662k	35%
FY2023	21	$457k	19%
FY2022	19	$538k	32%
FY2021	17	$310k	18%
FY2020	22	$321k	18%
FY2019	25	$310k	52%
FY2018	12	$223k	42%
FY2017	7	$140k	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.

Philanthropy$1.5MCommunity Improvement$729kHuman Services$672kHousing & Shelter$229kEducation$145kFood & Nutrition$79kPublic Safety & Disaster$65kEmployment$60kOther$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
Operation Threshold Inc	$626,000	7	1%
Iowa Credit Union League	$262,437	3	7%
Grow Cedar Valley	$257,500	8	2%
United Way of Central Iowa	$240,000	8	0%
Cedar Valley United Way	$234,500	8	2%
Iowa Credit Union Foundation	$132,000	8	2%
United Way of East Central Iowa	$120,200	8	0%
United Way of the Midlands Foundation	$102,500	8	3%
University of Northern Iowa Foundation	$80,103	6	0%
Iowa Heartland Habitat for Humanity	$74,000	6	1%

Show all 55 grantees

All grantees of Veridian Credit Union by total granted
Grantee	Total granted	Years	Share of their budget
Operation Threshold Inc	$626,000	7	1%
Iowa Credit Union League	$262,437	3	7%
Grow Cedar Valley	$257,500	8	2%
United Way of Central Iowa	$240,000	8	0%
Cedar Valley United Way	$234,500	8	2%
Iowa Credit Union Foundation	$132,000	8	2%
United Way of East Central Iowa	$120,200	8	0%
United Way of the Midlands Foundation	$102,500	8	3%
University of Northern Iowa Foundation	$80,103	6	0%
Iowa Heartland Habitat for Humanity	$74,000	6	1%
Waterloo Community School District	$60,000	7	n/a
Leader Valley Foundation	$50,000	5	3%
Papillion la Vista Schools Foundation	$45,000	4	0%
Oelwein Area United Way Inc	$36,600	6	10%
Centro Latino of Iowa	$35,750	4	4%
Greater Des Moines Partnership	$35,000	5	0%
One Iowa	$30,000	3	2%
Anawim Housing Inc	$29,500	1	0%
Cedar Valley Habitat for Humanity	$28,500	4	1%
Cedar Rapids Metro Economic Alliance	$27,000	5	0%
Food Bank of Iowa	$25,000	1	0%
Iowa Community Capital	$25,000	1	4%
Polk County Iowa	$25,000	3	n/a
Greater Des Moines Botanical Garden	$25,000	1	1%
Heartland Hope Mission	$25,000	1	0%
Christian Community Development	$20,000	1	1%
Inside Out Reentry Inc	$20,000	1	11%
City of Waverly Public Library	$15,500	3	n/a
United Way of the Midlands	$15,000	1	0%
Grout Museum Inc	$15,000	1	1%
Wesley Community Services Inc	$15,000	1	0%
Iowa City Area Development Group Inc	$15,000	3	0%
Northeast Iowa Food Bank	$14,000	1	0%
Greater Des Moines Habitat for Humanity Inc	$14,000	2	0%
Oelwein Event Corporation	$12,500	2	5%
Habitat for Humanity of Council Bluffs Ia	$12,500	2	1%
Habitat for Humanity of Omaha Inc	$12,500	2	0%
Habitat for Humanity of Minnesota Inc	$11,500	1	1%
Buchanan County Economic Development Commission	$10,300	2	3%
Iowa Giving Crew	$10,000	1	6%
Iowa Center for Economic Success	$10,000	1	1%
Neighborhood Centers of Johnson County	$10,000	1	0%
Newbo City Market	$10,000	1	0%
Boys and Girls Clubs of the Cedar Valley	$10,000	1	1%
Drake University	$10,000	1	0%
Waukee Foundation Inc	$8,000	1	2%
Red Bridge Ministries Inc	$8,000	1	n/a
Greater Twin Cities United Way	$7,500	1	0%
Advance Southwest Iowa Corporation	$7,500	1	1%
City of Jesup	$7,500	1	n/a
Ankeny Business & Industry Collaborative	$7,000	1	5%
Homes of Oakridge Human Services	$6,000	1	0%
Waverly Area Development Fund	$5,500	1	32%
Buchanan County Economic Development	$5,150	1	n/a
Afro-American Community Broadcasting Inc	$5,000	1	2%

Veridian Credit Union supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 49 largest grantees; load-bearing ones sit top left.

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 49.

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.

GreenState Credit UnionIA44.1× affinity19 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: GreenState Credit Union · Lsb Foundation · Duroe Family Foundation · Otto Schoitz Foundation · Max and Helen Guernsey Charitable Foundation · Black Hawk County Gaming Association · Dupaco RW Hoefer Foundation · Delta Dental of Iowa Foundation · Community Fdn of Greater Des Moines F/K/A Greater Des Moines Community Fdn · United Way of Central Iowa · First Interstate BancSystem Foundation Inc · Alliant Energy Foundation Inc

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 Veridian Credit Union with peer funders

About Veridian Credit Union

How much does Veridian Credit Union give?: Veridian Credit Union reported 39 itemized grants totaling $752,271, out of $985,368 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 7 and 25 organizations a year over FY2017 to FY2023.
What does Veridian Credit Union fund?: By grant dollars over FY2017 to FY2024, its largest causes are Philanthropy (41%), Community Improvement (20%), Human Services (19%).
Who are Veridian Credit Union's largest grantees?: By total granted over FY2017 to FY2024: Operation Threshold Inc ($626k), Iowa Credit Union League ($262k), Grow Cedar Valley ($258k).
Does Veridian Credit Union fund new organizations?: In FY2023, 19% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Veridian Credit Union?: Its strongest co-funders, measured against what their size predicts, include GreenState Credit Union, Lsb Foundation, Duroe Family Foundation.
Where is Veridian Credit Union based?: Veridian Credit Union is based in IA.