Credit Union of Texas Charitable

Private foundation · Grantmaker Allen, TX EIN: 87-1159287

Credit Union of Texas Charitable is a private foundation based in Allen, Texas. Its mission is to create philanthropic solutions that empower vulnerable people in the communities it serves, including by connecting people to local resources.

Credit Union of Texas Charitable at a glance

In short: Credit Union of Texas Charitable gave $305K across 33 grants in 2024 (avg $9K), mostly in Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$305,003
+17.0% vs 2023
Grants made (2024)
33
+3200.0% vs 2023
Average grant
$9,243
-96.5% vs 2023
Median grant
$2,330
Total assets
$256,945
-12.6% vs 2023
Primary geography
Texas (65% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to Credit Union of Texas Charitable

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.

Contact

Mailing address: 900 W Bethany Dr Suite 500, Allen, TX 75013
Phone: (972) 263-9497

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Credit Union of Texas Charitable funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Streetside Showers Inc: $95KStreetside Showers Inc$95KVictims First Inc: $85KVictims First Inc$85KHope Restored Missions LLC: $32KHope Restored Missions LLC$32KBest Buddies International Inc: $20KBest Buddies International Inc$20KChildren's Advocacy Center Rockwall: $14K across 2 grantsChildren's Advocacy CenterRockwall$14K · 2 grantsCommunities Foundation of Upshur County: $12KCommunities Foundation ofUpshur County$12KFannin County Children's Center: $7K across 2 grantsFannin County Children'sCenter$7K · 2 grantsCarrollton-Farmers Branch ISD: $6KCarrollton-Farmers Branch ISD$6KResort at Jefferson Park: $4K across 2 grantsResort at Jefferson Park$4K · 2 grantsAmazing Grace Food Pantry: $4KAmazing Grace Food Pantry$4K

The largest 2024 recipient was Streetside Showers Inc ($95K). Together the top 10 received $278K.

Grant Size Distribution

34 grants across all recorded years

31<$50K2$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 34 (91%).

Geographic Focus

Where this funder awards grants

The foundation says it works with local nonprofits and charities in the Dallas–Fort Worth area. In 2024, its grant dollars went to recipients in Texas (65%), California (29%), and Florida (7%).

Grant Distribution by State

3states

Share of 2024 grant dollars across all 33 itemized grants.

Cities

PlanoAllenBonhamGilmerMckinneyChino HillsIrvingRockwallWylieCarrolltonCoppellDallasGarlandMiamiSanta RosaWhitewright

How Credit Union of Texas Charitable gives

  • In 2024 it paid out well above 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$100K$200K$300K$400K0 grants2022 1 grant2023 33 grants2024

From 2023 to 2024, annual grant giving ranged from $261K (2023) to $305K (2024). In 2024 it made 33 grants totaling $305K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Streetside Showers Inc McKinney, TXGeneral Support$94,500
Victims First Inc Chino Hills, CASupport for Allen Outlet Mall Shooting Victims$85,238
Hope Restored Missions LLC Plano, TXGeneral Support$32,000
Best Buddies International Inc Miami, FLGeneral Support$20,000
Communities Foundation of Upshur County Gilmer, TXAllocated to Greathouse Family$12,047
Children's Advocacy Center Rockwall Rockwall, TXGeneral Support$7,500
Carrollton-Farmers Branch ISD Carrollton, TXSupport for Los Stanga Folklorico Company$6,000
Children's Advocacy Center Rockwall Rockwall, TXGeneral Support$6,000
Fannin County Children's Center Bonham, TXGeneral Support$5,000
Amazing Grace Food Pantry Wylie, TXGeneral Support$3,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2024$256,945$419,268$456,259$305,00333$305,003$4,568
2023$293,936$581,381$313,655$260,6611$260,661$930
2022$20,459$21,229$770———$667

Under IRS private-foundation payout rules, Credit Union of Texas Charitable reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation’s stated mission is to “create philanthropic solutions to empower the most vulnerable among us in the communities we serve.” Its 2024 filing describes direct charitable activity supporting people experiencing suburban homelessness, women and children in crisis, and individuals with physical, developmental, or intellectual disabilities. Its website also identifies education and food insecurity among its community focus areas.

Its 2024 grantees illustrate the types of organizations it supports. StreetSide Showers describes its work as providing mobile showers and personal hygiene care to people experiencing homelessness. Best Buddies International says it creates opportunities for people with intellectual and developmental disabilities through one-to-one friendships, integrated employment, and leadership development. Hope’s Door New Beginning Center describes providing services to people and families affected by intimate partner and family violence. Amazing Grace Food Pantry says it provides groceries to food-insecure families.

Grantmaking

In 2024, the foundation reported 33 grants totaling $305,003. Grant amounts ranged from $60 to $94,500, with a median of $2,330. Notable grants included $94,500 to StreetSide Showers Inc. for general support; $85,238 to Victims First Inc. to support victims of the Allen outlet mall shooting; $32,000 to Hope Restored Missions LLC for general support; and $20,000 to Best Buddies International Inc. for general support. Other reported grants included $12,047 to Communities Foundation of Upshur County, allocated to the Greathouse family, and $7,500 and $6,000 to Children’s Advocacy Center Rockwall for general support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists V Eric Pointer as president; Janie Worst as secretary; and Troy Mathieu, Rafael RC Diaz, Chris White, and Marelou Cineros as directors.

Credit Union of Texas Charitable is led by V. Eric Pointer, President on every filing since 2022; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • V. Eric Pointer

    President

    On filings since 2022

    1 hr/week

    No compensation reported

  • Chris White

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Marelou Cineros

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Rafael Rc Diaz

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Troy Mathieu

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Janie Worst

    Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "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 Credit Union of Texas Charitable

How much does Credit Union of Texas Charitable give each year?

Credit Union of Texas Charitable gave $305K across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $261K across 1 grant.

What is Credit Union of Texas Charitable's typical grant size?

Credit Union of Texas Charitable's median grant in 2024 was $2,330, and its average grant was $9,243, across 33 grants on its 2024 IRS Form 990-PF.

Where does Credit Union of Texas Charitable give grants?

Credit Union of Texas Charitable gives mostly in Texas: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were California (29%) and Florida (7%). The most frequent recipient cities were Plano, TX (5 grants), Bonham, TX (4 grants), Allen, TX (4 grants) and McKinney, TX (3 grants).

Does Credit Union of Texas Charitable give general operating support?

Yes: 42% of Credit Union of Texas Charitable's 2024 grants with a stated purpose (14 of 33) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Cutx Com Grill Fundraiser Benefiting This Organization" (6 grants).

Who are Credit Union of Texas Charitable's largest grantees?

Credit Union of Texas Charitable's largest 2024 grantees include Streetside Showers Inc ($94,500), Victims First Inc ($85,238) and Hope Restored Missions LLC ($32,000), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.

How large is Credit Union of Texas Charitable?

Credit Union of Texas Charitable reported $257K in total assets on its 2024 IRS Form 990-PF. It paid out $305K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

What does Credit Union of Texas Charitable fund?

The foundation’s stated mission is to “create philanthropic solutions to empower the most vulnerable among us in the communities we serve.” See mission & focus areas ↑

How do I apply for a grant from Credit Union of Texas Charitable?

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 Credit Union of Texas Charitable's EIN?

Credit Union of Texas Charitable's EIN (Employer Identification Number) is 87-1159287. IRS Form 990 filing data is available on this page for 2022–2024.

Does Credit Union of Texas Charitable accept unsolicited proposals?

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

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

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Credit Union of Texas

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To be the trusted financial partner for our members and our community. We strive to identify our members' needs and offer progressive solutions by offering competitive products and prices to allow members to reach their goals.

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Cite this profile

Grantable. (2026). Credit Union of Texas Charitable funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/credit-union-of-texas-charitable-morg_0613199a15ba4ab5903e20bbac745ea2

BibTeX
@misc{grantable_871159287_2026,
  author       = {{Grantable}},
  title        = {{Credit Union of Texas Charitable funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/credit-union-of-texas-charitable-morg_0613199a15ba4ab5903e20bbac745ea2},
  note         = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Credit Union of Texas Charitable'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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