Beacon Credit Union Foundation Inc

Private foundation · Grantmaker Wabash, IN EIN: 45-3814789

Beacon Credit Union Foundation Inc is a private foundation, based in Wabash, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $247K in total assets. In 2025, it awarded 1 grant totaling $86K. Net investment income was $32K.

Beacon Credit Union Foundation Inc at a glance

In short: Beacon Credit Union Foundation Inc gave $86K across 1 grant in 2025 (avg $86K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$86,480
-9.3% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$86,480
-9.3% vs 2024
Median grant
$86,480
Total assets
$246,728
-18.2% vs 2024
Primary geography
Indiana (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Beacon Credit Union Foundation Inc

Who Beacon Credit Union Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

See Attachment with Breakdown of Organizations: $86KSee Attachment with Breakdownof Organizations$86K

The largest 2025 recipient was See Attachment with Breakdown of Organizations ($86K).

Grant Size Distribution

5 grants across all recorded years

<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

WabashFort WayneGarrettLogansportMarionNorth ManchesterPeruRushvilleSeymour

How Beacon Credit Union Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (+8%). Method
  • In 2025 it paid out 522% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K10 grants2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $72K (2019) to $105K (2023). In 2025 it made 1 grant totaling $86K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
See Attachment with Breakdown of Organizations Wabash, INSee Attachment$86,480
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$246,728$36,115$91,160$86,4801$86,480$31,694$16,556
2024$301,773$27,605$100,427$95,3501$95,350$22,663$19,668
2023$374,595$38,401$109,901$105,1901$105,190$8,713$22,046
2022$446,095$102,585$85,339$80,2501$80,250$4,461$22,356
2021$428,849$53,333$92,274$87,0281$87,028$25,173$25,135
2020$467,790$22,582$106,139$100,9501—$4,735$25,119
2019$551,346$183,609$76,687$72,00010—$7,773$22,623

Under IRS private-foundation payout rules, Beacon Credit Union Foundation Inc reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Beacon Credit Union Foundation Inc is led by Kenneth Dale, Chairman on every filing since 2019; none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kenneth Dale

    Chairman

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Herb Horrom

    Vice Chairman

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • James Yates

    Board Member

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • John Peters

    Secretary & Treasurer

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Lindsay Culver

    Board Member

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Roger Bragg

    Board Member

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Sara Delbecq

    Board Member

    On filings since 2019

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Beacon Credit Union Foundation Inc

How much does Beacon Credit Union Foundation Inc give each year?

Beacon Credit Union Foundation Inc gave $86K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $95K across 1 grant.

How large is Beacon Credit Union Foundation Inc?

Beacon Credit Union Foundation Inc reported $247K in total assets on its 2025 IRS Form 990-PF. It paid out $86K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).

Where does Beacon Credit Union Foundation Inc operate?

Beacon Credit Union Foundation Inc has awarded grants in Indiana.

What is Beacon Credit Union Foundation Inc's EIN?

Beacon Credit Union Foundation Inc's EIN (Employer Identification Number) is 45-3814789. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 27, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 28, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 5, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  8. IRS filings on file for fiscal years 2019–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Beacon Credit Union Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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