How much does Virginia Credit Union Inc give?

Virginia Credit Union Inc reported 22 itemized grants totaling $1,354,000, out of $1,389,000 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 10 and 22 organizations a year over FY2018 to FY2023.

What does Virginia Credit Union Inc fund?

By grant dollars over FY2018 to FY2023, its largest causes are Community Improvement (82%), Education (5%), Human Services (3%).

Who are Virginia Credit Union Inc's largest grantees?

By total granted over FY2018 to FY2023: Young Men's Christian Association of Greater Richmond (6769) ($113k), Virginia Council on Economic Education ($107k), Shalom Farmsinc ($75k).

Does Virginia Credit Union Inc fund new organizations?

In FY2023, 45% of the organizations it funded were first-time grantees.

Which funders back the same organizations as Virginia Credit Union Inc?

Its strongest co-funders, measured against what their size predicts, include The Community Foundation Inc, Virginia Nonprofit Housing Coalition, Herndon Foundation.

Where is Virginia Credit Union Inc based?

Virginia Credit Union Inc is based in VA.

Foundation Dossiers Also receives grants: funding profile →

Virginia · Public charity

Virginia Credit Union Inc

To be our members' trusted provider of financial services, helping them achieve greater success.

$1.4M
Granted FY2023: 22
Itemized grants FY2023: 22
Organizations funded FY2023: 45%
First-time grantees FY2023

Read the full brief

Itemized, FY2023: $1.4M; The rest is grants the schedule does not break out
Median grant, FY2023: $15,000
Largest grant, FY2023: $1,000,000
Organizations funded a year: 10 to 22; FY2018 to FY2023
States reached, FY2023: 2
Total assets, FY2023: $5.3B

How open it is to new grantees

In FY2023, 45% of the organizations Virginia Credit Union Inc funded were first-time grantees, receiving 14% of its grant dollars.

New vs renewed · share of each year

In FY2023, 86% of grant dollars renewed an existing relationship; $193k went to new ones.

RenewedFirst-time

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

Community ImprovementHuman ServicesInternationalEducationFood & NutritionPublic BenefitOther

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
FY2023	22	$1.4M	45%
FY2022	18	$1.2M	44%
FY2021	11	$1.1M	27%
FY2020	10	$1.2M	10%
FY2019	17	$1.2M	47%
FY2018	11	$125k	n/a

98% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2023.

Community Improvement$5.1MEducation$324kHuman Services$184kYouth Development$138kHealth$119kRecreation & Sports$89kFood & Nutrition$85kInternational$70kOther$0

Top grantees

Largest recipients by total granted, FY2018 to FY2023, and the share of each one’s budget the grants supplied at peak.

Grantee	Total granted	Years	Share of their budget
Young Men's Christian Association of Greater Richmond (6769)	$113,375	5	0%
Virginia Council on Economic Education	$107,000	4	4%
Shalom Farmsinc	$74,844	5	2%
Junior Achievement of Central Va Inc	$72,800	6	2%
The Maggie Walker Community Land Trust	$50,000	4	1%
Greater Richmond Partnership Inc	$50,000	5	1%
Worldwide Foundation for Credit Unions Inc	$50,000	1	2%
Children's Miracle Network	$37,193	2	0%
Jsargeant Reynolds Community College Educational Foundation Inc	$32,500	3	1%
Longwood University	$29,000	3	n/a

Show all 23 grantees

All grantees of Virginia Credit Union Inc by total granted
Grantee	Total granted	Years	Share of their budget
Young Men's Christian Association of Greater Richmond (6769)	$113,375	5	0%
Virginia Council on Economic Education	$107,000	4	4%
Shalom Farmsinc	$74,844	5	2%
Junior Achievement of Central Va Inc	$72,800	6	2%
The Maggie Walker Community Land Trust	$50,000	4	1%
Greater Richmond Partnership Inc	$50,000	5	1%
Worldwide Foundation for Credit Unions Inc	$50,000	1	2%
Children's Miracle Network	$37,193	2	0%
Jsargeant Reynolds Community College Educational Foundation Inc	$32,500	3	1%
Longwood University	$29,000	3	n/a
Feed More Inc	$28,213	4	0%
Communities in Schools	$25,000	2	0%
Developing Men of Color	$17,500	2	n/a
Chesterfield Public Education Foundation	$15,000	2	2%
National Multiple Sclerosis Society	$13,500	1	n/a
Fredericksburg Regional Food Bank	$12,045	2	0%
Leadership Metro Richmond	$12,000	1	2%
Partnership for Nonprofit Excellence	$10,980	1	n/a
C-Fit Community	$9,250	1	n/a
Nextup Rva	$8,500	1	0%
Virginia's Gateway Region T/A Virginia's Gateway Region	$7,500	1	0%
Presbyterian Homes & Family Svcs	$6,000	1	0%
Richmond Metro Habitat for Humanity	$5,460	1	0%

Plus 18 recipients with no EIN on record ($5.4M), not named here.

Each grantee by its size and the share of its budget Virginia Credit Union Inc 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 18.

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.

The Community Foundation IncVA27.1× affinity11 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Community Foundation Inc · Virginia Nonprofit Housing Coalition · Herndon Foundation · The Mary Morton Parsons Foundation · Dominion Energy Charitable Foundation · Carmax Foundation · Tesco Foundation · The Pauley Family Foundation · Freeman Family Foundation · Richmond Memorial Health Foundation · Robins Foundation · Marietta M & Samuel Tate Morgan Jr Tr

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 Virginia Credit Union Inc with peer funders

About Virginia Credit Union Inc

How much does Virginia Credit Union Inc give?: Virginia Credit Union Inc reported 22 itemized grants totaling $1,354,000, out of $1,389,000 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 10 and 22 organizations a year over FY2018 to FY2023.
What does Virginia Credit Union Inc fund?: By grant dollars over FY2018 to FY2023, its largest causes are Community Improvement (82%), Education (5%), Human Services (3%).
Who are Virginia Credit Union Inc's largest grantees?: By total granted over FY2018 to FY2023: Young Men's Christian Association of Greater Richmond (6769) ($113k), Virginia Council on Economic Education ($107k), Shalom Farmsinc ($75k).
Does Virginia Credit Union Inc fund new organizations?: In FY2023, 45% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Virginia Credit Union Inc?: Its strongest co-funders, measured against what their size predicts, include The Community Foundation Inc, Virginia Nonprofit Housing Coalition, Herndon Foundation.
Where is Virginia Credit Union Inc based?: Virginia Credit Union Inc is based in VA.