California · Public charity
Wescom Central Credit Union
The general mission of the credit union is to promote thrift, honesty, integrity and a spirit of service among its members. In addition, the organization makes loans to its members at reasonable rates, invests excess liquidity prudently and within limits as permitted by california law, and engages in any other lawful activity not…
- $1.0M
- Granted FY2024(still arriving)
- 7
- Grants FY2024
- 5
- Organizations funded FY2023
- 20%
- First-time grantees FY2023
- Median grant, FY2024
- $25,000
- Largest grant, FY2024
- $841,404
- Organizations funded a year
- 3 to 9
- FY2017 to FY2023
- States reached, FY2024
- 3
- Total assets, FY2024
- $6.3B
How open it is to new grantees
In FY2023, 20% of the organizations Wescom Central Credit Union funded were first-time grantees, receiving 1% of its grant dollars.
New vs renewed · share of each year
In FY2023, 99% of grant dollars renewed an existing relationship; $7k 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 | $1.0M | 57% |
| FY2023 | 5 | $637k | 20% |
| FY2022 | 5 | $624k | 20% |
| FY2021 | 4 | $545k | 25% |
| FY2020 | 3 | $234k | 0% |
| FY2019 | 5 | $262k | 20% |
| FY2018 | 3 | $207k | 0% |
| FY2017 | 9 | $222k | 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 |
|---|---|---|---|
| Wescom Foundation | $2,927,431 | 8 | 64% |
| Children's Miracle Network | $507,806 | 8 | 0% |
| Worldwide Foundation for Credit Unions Inc | $85,000 | 6 | 1% |
| Richard Myles Johnson Foundation | $46,000 | 3 | 4% |
| The Fid Group Friends in Deed | $37,500 | 3 | 1% |
| Regents Univ of California | $30,312 | 1 | n/a |
| American National Red Cross & Its Constituent Chapters and Branches | $25,000 | 1 | 0% |
| National Multiple Sclerosis Society | $25,000 | 1 | 0% |
| Legacy Connections | $21,003 | 2 | 1% |
| California Credit Union League | $10,000 | 1 | 0% |
Show all 17 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Wescom Foundation | $2,927,431 | 8 | 64% |
| Children's Miracle Network | $507,806 | 8 | 0% |
| Worldwide Foundation for Credit Unions Inc | $85,000 | 6 | 1% |
| Richard Myles Johnson Foundation | $46,000 | 3 | 4% |
| The Fid Group Friends in Deed | $37,500 | 3 | 1% |
| Regents Univ of California | $30,312 | 1 | n/a |
| American National Red Cross & Its Constituent Chapters and Branches | $25,000 | 1 | 0% |
| National Multiple Sclerosis Society | $25,000 | 1 | 0% |
| Legacy Connections | $21,003 | 2 | 1% |
| California Credit Union League | $10,000 | 1 | 0% |
| National Credit Union Foundation | $10,000 | 1 | 0% |
| National Multiple Sclerosis Society | $10,000 | 1 | n/a |
| Children's Hospital Los Angeles | $6,603 | 1 | 0% |
| Valley Industry & Commerce Association | $6,000 | 1 | 0% |
| Valley Isle Chapter | $5,000 | 1 | n/a |
| National Institute for State Credit Union Examination | $5,000 | 1 | 5% |
| Pasadena Educational Foundation | $5,000 | 1 | 0% |
Where it is load-bearing
Wescom Central Credit Union 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: Financial Partners Credit Union · Amazonsmile Foundation
How this is measured
About Wescom Central Credit Union
- How much does Wescom Central Credit Union give?
- Wescom Central Credit Union reported 7 grants totaling $1,046,675 in its FY2024 IRS filing. It funded between 3 and 9 organizations a year over FY2017 to FY2023.
- What does Wescom Central Credit Union fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Philanthropy (77%), Health (15%), International (2%).
- Who are Wescom Central Credit Union's largest grantees?
- By total granted over FY2017 to FY2024: Wescom Foundation ($2.9M), Children's Miracle Network ($508k), Worldwide Foundation for Credit Unions Inc ($85k).
- Does Wescom Central Credit Union fund new organizations?
- In FY2023, 20% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Wescom Central Credit Union?
- Its strongest co-funders, measured against what their size predicts, include Financial Partners Credit Union, Amazonsmile Foundation.
- Where is Wescom Central Credit Union based?
- Wescom Central Credit Union is based in CA.
Play a game based on Wescom Central Credit Union’s filings →