Alabama Credit Union Foundation Inc
The Alabama Credit Union Foundation is dedicated to strengthening the community and improving the quality of life both now and for future generations. The organization is a vehicle for private donors to make a lasting contribution to our community. The organization fulfills its mission by educating the public about the practice of philanthropy and its benefits both to donors and to the community, and serves as a catalyst and resource to effectively respond to community problems.
Alabama Credit Union Foundation Inc at a glance
In short: Alabama Credit Union Foundation Inc gave $234K across 3 grants in 2024 (avg $78K), mostly in Alabama. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $234,088
- -21.2% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $78,029
- -21.2% vs 2023
- Median grant
- $67,066
- Total assets
- $1,048,242
- +18.4% vs 2023
- Primary geography
- Alabama (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Alabama Credit Union Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was West Alabama Food Bank ($111K). Together the top 3 received $234K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 5 grants of 15 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Alabama Credit Union Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−6%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $210K (2022) to $297K (2023). In 2024 it made 3 grants totaling $234K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| West Alabama Food Bank Northport, AL | To purchase food for the secret meal food packs. | $110,584 |
| Feeding the Gulf Coast Food Bank Theodore, AL | To purchase food for the secret meal food packs. | $67,066 |
| Food Bank of North Alabama Huntsville, AL | To purchase food for the secret meal food packs. | $56,438 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,048,242 | $410,874 | $247,661 | $234,088 | 3 | $2,353 |
| 2023 | $885,029 | $544,226 | $302,690 | $297,131 | 3 | $1,824 |
| 2022 | $643,493 | $413,492 | $210,033 | $210,033 | 3 | $923 |
| 2021 | $440,034 | $342,712 | $249,717 | $249,716 | 3 | $867 |
| 2020 | $347,039 | $238,041 | $270,027 | $270,027 | 3 | $514 |
About Alabama Credit Union Foundation Inc
Based on IRS filings
Alabama Credit Union Foundation Inc is a public charity focused on Human Services, based in Tuscaloosa, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 3 grants totaling $234K. Net investment income was $2K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Alabama Credit Union Foundation Inc is led by Steve Swofford, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Steve Swofford
President
On filings since 2020
1 hr/week
No compensation reported
Sara H. Crocker
Director
On filings since 2020
1 hr/week
No compensation reported
Susan Daria
Director
Vice President → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Kim Riley
Director
On filings since 2023
1 hr/week
No compensation reported
Kelley Porter
Vice President
Treasurer → Vice President, 2024
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Gladys B. Jones (2020–2022) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Alabama Credit Union Foundation Inc
How much does Alabama Credit Union Foundation Inc give each year?
Alabama Credit Union Foundation Inc gave $234K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $297K across 3 grants.
What is Alabama Credit Union Foundation Inc's typical grant size?
Alabama Credit Union Foundation Inc's median grant in 2024 was $67,066, and its average grant was $78,029, across 3 grants on its 2024 IRS Form 990.
Where does Alabama Credit Union Foundation Inc give grants?
Alabama Credit Union Foundation Inc gives mostly in Alabama: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.
Does Alabama Credit Union Foundation Inc give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Alabama Credit Union Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "To Purchase Food for the Secret Meal Food Packs." (3 grants).
How large is Alabama Credit Union Foundation Inc?
Alabama Credit Union Foundation Inc reported $1.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $411K.
What is Alabama Credit Union Foundation Inc?
Alabama Credit Union Foundation Inc is a public charity focused on Human Services, based in Tuscaloosa, AL. It holds $1.0M in total assets as of 2024.
What is Alabama Credit Union Foundation Inc's EIN?
Alabama Credit Union Foundation Inc's EIN (Employer Identification Number) is 45-5638180. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 17, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 29, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 5, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Alabama Credit Union Foundation Inc's focus areas in our free grants database
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