Maryland · Nonprofit
SECU MD FOUNDATION INC
SECU MD FOUNDATION INC (Maryland) receives grants from 2 organizations whose IRS filings report $7,581 to it, the largest being THE UNITED WAY OF CENTRAL MARYLAND INC ($6,728). 1 of them have funded it in more than one year.
- Revenue FY2024
- $472k
- Funders on record
- 2
- Grants received
- $8k
- Net assets
- $48k
What Secu Md Foundation Inc does
Mission
Secu md foundations mission is to create a stronger maryland by empowering access to education, supporting health and wellness, and serving as a catalyst for community development.
As stated on its FY2024 Form 990.
Programs
The kindness campaign was started in 2020 with one idea in mind - that every act of kindness, no matter how small or large, makes the world and our communities a better place. It is our mission to empower our members, employees and marylanders to spread kindness and inspire others to do the same. Through the secu md foundation and our kindness campaign, we aim to postively impact the maryland community by doing good where and when it's needed most.
$651,563 spentof which $651,563 as grants78% of program spendingProvide scholarships to individuals to defray tuition cost for higher education.
$116,000 spentof which $116,000 as grants14% of program spendingKindness partner grants
$65,000 spentof which $65,000 as grants8% of program spending
The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $832,563.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $280k to $912k (+226%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
109% of SECU MD FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $7k → $252.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $2.6M from one payer (the payer shares this organization's board, largest State Employees Credit Union of Maryland Inc). These are real filings, and they are not money SECU MD FOUNDATION INC raised.
From the IRS filings of SECU MD FOUNDATION INC’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
SECU MD FOUNDATION INC leans on a few funders — its largest provides 89% 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 SECU MD FOUNDATION INC.
Largest funder’s share by year: 2020 99% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“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
100% of SECU MD FOUNDATION INC's grant income comes from Maryland funders.
Funder states come from each funder’s own filing. $853 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
SECU MD FOUNDATION INC is better cushioned than half of the 22,812 education nonprofits its size.
this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024
Organizations like SECU MD FOUNDATION INC
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 Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Public support
22%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 5 states
Part of a family of 1 related entity
- State Employees Credit Union of Maryland Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for SECU MD FOUNDATION INC: 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 SECU MD FOUNDATION INC?
- SECU MD FOUNDATION INC (Maryland) receives grants from 2 organizations whose IRS filings report $7,581 to it, the largest being THE UNITED WAY OF CENTRAL MARYLAND INC ($6,728). 1 of them have funded it in more than one year.
- How many funders does SECU MD FOUNDATION INC have?
- IRS filings report 2 organizations giving $7,581 in grants to SECU MD FOUNDATION INC, 1 of which have funded it in more than one year.
- Who is the largest funder of SECU MD FOUNDATION INC?
- THE UNITED WAY OF CENTRAL MARYLAND INC is the largest funder on record, with $6,728 in grants. The full list of funders is on this page.
- How can an organization like SECU MD FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), 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