Alliance Credit Union Foundation logo

Alliance Credit Union Foundation

Private foundation · Grantmaker Lubbock, TX EIN: 84-3245374 Website

The ALLIANCE Credit Union Foundation is a private foundation based in Lubbock, Texas. It provides funding for educational initiatives and supports community organizations and special programs.

Key facts about Alliance Credit Union Foundation

In short: Alliance Credit Union Foundation gave $53K across 33 grants in 2024 (avg $2K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
84-3245374
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$53,259
Grants made (2024)
33
Average grant
$1,614
Median grant
$1,000
Total assets
$47,738
Primary geography
Texas (93% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The Foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$48K

+4.7% YoY

Annual Giving

$53K

+34.8% YoY

Grant Count

33

+65.0% YoY

Avg Grant Size

$2K

-18.3% YoY

Under IRS private-foundation payout rules, Alliance Credit Union Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

How Alliance Credit Union Foundation gives

  • 42% of 2024 grantees were also funded in 2023. Method
  • Giving grew 193% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The Foundation’s purpose is to help people pursue educational and career goals. Its stated vision is to fund educational initiatives through entities that distribute assistance to students, while also fostering events and special programs for community endeavors. The Foundation describes its approach with the acronym ELEVATE: Education, Leadership, Empowerment, Volunteer work, Advocacy, Transformation, and Enrichment.

Its 2024 grants included scholarships and general-use support. Examples include scholarships to Covenant School of Nursing and South Plains College. Among other grantees, Communities in Schools describes its mission as surrounding students with community support so they can stay in school and achieve in life. South Plains Food Bank describes its work as securing, growing, processing, and distributing food to charitable organizations and people in need. CASA of the South Plains says it supports children in foster care through volunteer advocacy. The National Fallen Firefighters Foundation says it honors fallen firefighters, supports their families and colleagues, and works to reduce preventable firefighter death and injury.

Grantmaking

In 2024, the Foundation reported 33 grants totaling $53,259. Grant amounts ranged from $1,000 to $4,000, with a median of $1,000. Notable awards included $4,000 each to Covenant School of Nursing and South Plains College for scholarships; $3,164 to Communities in Schools for general use; $3,084 to ACS Hope Lodge for general use; $3,030 to South Plains Food Bank for general use; and $3,000 to Lubbock Christian University for scholarships. The National Fallen Firefighters Foundation received $2,500 for the Eric Hill Memorial Scholarship.

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Geographic Focus

Where this funder awards grants

In 2024, 93% of grant dollars went to recipients in Texas, 5% to Maryland, and 2% to Oklahoma. Listed Texas recipients included organizations in Lubbock, Levelland, Houston, Big Spring, Canyon, and Amarillo.

Grant Distribution by State

3states

Share of 2024 grant dollars across all 33 itemized grants.

Cities

LubbockAmarilloAbernathyArdmoreIdalouNew HomeRopesvilleSan AntonioShallowaterSlatonWolfforthAustinBig SpringCanyonEmmitsburgHoustonLevelland

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2020 4 grants2021 23 grants2022 20 grants2023 33 grants2024

From 2020 to 2024, annual grant giving ranged from $2K (2020) to $53K (2024). In 2024 it made 33 grants totaling $53K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Covenant School of Nursing: $4KCovenant School of Nursing$4KSouth Plains College: $4KSouth Plains College$4KCommunities in Schools: $3KCommunities in Schools$3KACS Hope Lodge: $3KACS Hope Lodge$3KSouth Plains Food Bank: $3KSouth Plains Food Bank$3KLubbock Christian University: $3KLubbock Christian University$3KCASA of the South Plains: $3KCASA of the South Plains$3K5-5-5 Initiative: $3K5-5-5 Initiative$3KNational Fallen Firefighters Foundation: $3KNational Fallen FirefightersFoundation$3KHoward College: $2KHoward College$2K

The largest 2024 recipient was Covenant School of Nursing ($4K). Together the top 10 received $30K.

Grant Size Distribution

81 grants across all recorded years

81<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 81 grants of 81 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Covenant School of Nursing Lubbock, TXScholarship$4,000
South Plains College Levelland, TXScholarship$4,000
Communities in Schools Lubbock, TXGeneral Use$3,164
ACS Hope Lodge Houston, TXGeneral Use$3,084
South Plains Food Bank Lubbock, TXGeneral Use$3,030
Lubbock Christian University Lubbock, TXScholarship$3,000
CASA of the South Plains Lubbock, TXGeneral Use$2,981
5-5-5 Initiative Lubbock, TXScholarship$2,500
National Fallen Firefighters Foundation Emmitsburg, MDEric Hill Memorial Scholarship$2,500
Howard College Big Spring, TXScholarship$2,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $47,738 $58,547 $56,384 $53,259
2023 $45,575 $53,129 $41,340 $39,515
2022 $33,786 $70,016 $51,874 $44,671
Revenue
Expenses
Qualifying Distributions
$0$20K$40K$60K$80K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$47,738$45,575$33,786
Revenue$58,547$53,129$70,016
Expenses$56,384$41,340$51,874
Qualifying Distributions$56,384——
Distributable Amount$2,747——

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Matt Grannan as chairman; Jonathan Brunson as vice chairman; Brittany McIntire as secretary; Clay Beardempl as treasurer; and Amber Cook, Shannon Dunlap, Malee Brown, Tracy Weatherly, and David Vauhn as board members.

Alliance Credit Union Foundation is led by Matt Grannan, Chairman on every filing since 2020; none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Matt Grannan

    Chairman

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Amber Cook

    Board Member

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Brittany McIntire

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jonathan Brunson

    Vice Chairman

    Vice Chair → Vice Chairman, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Shannon Dunlap

    Board Member

    On filings since 2020

    2 hrs/week

    No compensation reported

  • David Vauhn

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Malee Brown

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Tracy Weatherly

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Clay Beardemphl

    Treasurer

    New on the 2024 filing

    2 hrs/week

    No compensation reported

Former officers (2)
  • Former: Josh Wade (2020–2023) — Treasurer
  • Former: Abbie Jones (2020–2021) — Board Member

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.

Contact

Mailing address: 6219 Spur 327, Lubbock, TX 79424
Phone: (806) 798-5554
Website: HTTPS://ALLIANCECUFOUNDATION.ORG/

Frequently asked questions about Alliance Credit Union Foundation

How much does Alliance Credit Union Foundation give each year?

Alliance Credit Union Foundation gave $53K across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 20 grants.

What is Alliance Credit Union Foundation's typical grant size?

Alliance Credit Union Foundation's median grant in 2024 was $1,000, and its average grant was $1,614, across 33 grants on its 2024 IRS Form 990-PF.

Where does Alliance Credit Union Foundation give grants?

Alliance Credit Union Foundation gives mostly in Texas: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lubbock, TX (13 grants), Amarillo, TX (6 grants) and Big Spring, TX (2 grants).

Does Alliance Credit Union Foundation give general operating support?

Yes: 12% of Alliance Credit Union Foundation's 2024 grants with a stated purpose (4 of 33) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarship" (28 grants).

Who are Alliance Credit Union Foundation's largest grantees?

Alliance Credit Union Foundation's largest 2024 grantees include Covenant School of Nursing ($4,000), South Plains College ($4,000) and Communities in Schools ($3,164), according to its 2024 IRS Form 990-PF. Together they received 21% of its itemized 2024 grant dollars.

How large is Alliance Credit Union Foundation?

Alliance Credit Union Foundation reported $48K in total assets on its 2024 IRS Form 990-PF. It paid out $56K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What does Alliance Credit Union Foundation fund?

The Foundation’s purpose is to help people pursue educational and career goals. Its stated vision is to fund educational initiatives through entities that distribute assistance to students, while also fostering events and special programs for community endeavors. See mission & focus areas ↑

How do I apply for a grant from Alliance Credit Union Foundation?

The Foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Alliance Credit Union Foundation's EIN?

Alliance Credit Union Foundation's EIN (Employer Identification Number) is 84-3245374. IRS Form 990 filing data is available on this page for 2020–2024.

Does Alliance Credit Union Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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