Illinois · Nonprofit
GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT
GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT (Illinois) receives grants from 2 organizations whose IRS filings report $86,068 to it, the largest being The Chicago Community Trust ($50,000). 1 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $107k
- Funders on record
- 2
- Grants received
- $86k
- Net assets
- $159k
What Glcu Foundation for Financial Empowerment does
Mission
The corporation is organized under the general not-for-profit corporation act for purposes of providing financial education and housing counseling to underserved populations and any other charitable, educational or other purpose described in sections 501(c)(3) of the united states internal revenue code of 1986, as amended ("code"). Not withstanding any other provision of these articles of incorporation, the corporation is formed and shall be operated exclusively for one or more tax-exempt purposes specified in section 501(c)(3) of the code. Our mission is to financially empower the community through our direct service programs, volunteer activities, and through community giveback.
As stated on its FY2024 Form 990-EZ.
Programs
Financial education - our hud approved services were offered to 1,169 households in 2024.
$20,385 spentof which $11,418 as grants80% of program spendingWorkshops - we provided 44 finanical workshops to the general community and 96 youth financial education events.
$5,096 spent20% of program spendingVolunteer - 222 employees volunteered 4,384 hours at 156 organizations and 292 events in 2024.
$0 spent0% of program spending
The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $25,481.
Leadership and staff
Chief executive
Matthew Rizzie
Executive director
Board chair
Patrick Basler
Board chair
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 58% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT leans on a few funders — its largest provides 58% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
58% of GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $36k that is directly attributable, 100% of it comes from Illinois funders.
Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT runs a healthier operating margin than three-quarters of the 21,616 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024
Organizations like GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT?
- GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT (Illinois) receives grants from 2 organizations whose IRS filings report $86,068 to it, the largest being The Chicago Community Trust ($50,000). 1 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT have?
- IRS filings report 2 organizations giving $86,068 in grants to GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT, 1 of which have funded it in more than one year.
- Who is the largest funder of GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT?
- The Chicago Community Trust is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
- How can an organization like GLCU FOUNDATION FOR FINANCIAL EMPOWERMENT find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Glcu Foundation for Financial Empowerment →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2024–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing