Credit Union of Texas Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLEN, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $257K in total assets. In 2024, it awarded 33 grants totaling $305K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$257K
-12.6% YoY
Annual Giving
$305K
+17.0% YoY
Grant Count
33
+3200.0% YoY
Avg Grant Size
$9K
-96.5% YoY
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.
About Credit Union of Texas Charitable
Based on IRS filings
Credit Union of Texas Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLEN, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $257K in total assets. In 2024, it awarded 33 grants totaling $305K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $256,945 | $293,936 | $20,459 |
| Revenue | $419,268 | $581,381 | $21,229 |
| Expenses | $456,259 | $313,655 | $770 |
| Qualifying Distributions | $305,003 | $260,661 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,568 | $930 | $667 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Streetside Showers Inc ($94,500), Victims First Inc ($85,238), Hope Restored Missions Llc ($32,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AGAPEJERICHO VILLAGE PLANO, TX | GENERAL SUPPORT | $2,000 |
| ALLEN BAND BOOSTER ALLEN, TX | CUTX COM GRILL FUNDRAISER BENEFITING THIS ORGANIZATION | $375 |
| AMAZING GRACE FOOD PANTRY WYLIE, TX | GENERAL SUPPORT | $3,500 |
| BEST BUDDIES INTERNATIONAL INC MIAMI, FL | GENERAL SUPPORT | $20,000 |
| BONHAM AREA CHAMBER FROM THE COMMUNITY GRILL FUNDRAISER BONHAM, TX | CUTX COM GRILL FUNDRAISER BENEFITING THIS ORGANIZATION | $60 |
| BOYS AND GIRLS CLUB ALLEN, TX | CUTX COM GRILL FUNDRAISER BENEFITING THIS ORGANIZATION | $194 |
| CANINE COMPANION SANTA ROSA, CA | GENERAL SUPPORT | $2,500 |
| CARROLLTON-FARMERS BRANCH ISD CARROLLTON, TX | SUPPORT FOR LOS STANGA FOLKLORICO COMPANY | $6,000 |
| CHILDREN'S ADVOCACY CENTER COLLIN COUNTY PLANO, TX | SENSORY KITS FOR BACK TO SCHOOL EVENT | $1,000 |
| CHILDREN'S ADVOCACY CENTER ROCKWALL ROCKWALL, TX | GENERAL SUPPORT | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| V ERIC POINTER | PRESIDENT | 1 | — |
| JANIE WORST | SECRETARY | 1 | — |
| TROY MATHIEU | DIRECTOR | 1 | — |
| RAFAEL RC DIAZ | DIRECTOR | 1 | — |
| CHRIS WHITE | DIRECTOR | 1 | — |
| MARELOU CINEROS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Credit Union of Texas Charitable?
Credit Union of Texas Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLEN, TX. It holds $257K in total assets as of 2024.
How large is Credit Union of Texas Charitable?
As of 2024, Credit Union of Texas Charitable holds $257K in total assets with $419K in annual revenue. It awarded 33 grants totaling $305K in 2024.
Where does Credit Union of Texas Charitable operate?
Credit Union of Texas Charitable has awarded grants in California, Florida, Texas.
What size grants does Credit Union of Texas Charitable award?
In 2024, Credit Union of Texas Charitable awarded 33 grants totaling $305K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Credit Union of Texas Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Credit Union of Texas Charitable reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Credit Union of Texas Charitable's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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