Credit Unions in the State of Washington
Credit Unions in the State of Washington, known as BECU in its organizational statements, is based in Tukwila, Washington, and files as a public charity. It is a cooperative organized under Washington law to promote thrift among its members and provide them with credit at fair and reasonable interest rates. The organization says its mission is to improve the financial well-being of its members and their communities.
Credit Unions in the State of Washington at a glance
In short: Credit Unions in the State of Washington gave $9.9M across 192 grants in 2024 (avg $52K), mostly in Washington. 37% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $9,933,353
- +5.2% vs 2023
- Grants made (2024)
- 192
- +15.0% vs 2023
- Average grant
- $51,736
- -8.5% vs 2023
- Median grant
- $15,000
- Total assets
- $29,352,686,764
- -1.7% vs 2023
- New grantees (estimate)
- 37% first-time grantees (71 of 192, 2024)
- Primary geography
- Washington (77% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Credit Unions in the State of Washington
- Contact
Mailing address: 12770 Gateway Dr S, Tukwila, WA 98168-3309
Phone: (206) 439-5700
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Credit Unions in the State of Washington funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Becu Foundation ($2.6M). Together the top 10 received $6.0M.
Grant Size Distribution
724 grants across all recorded years
The most common grant size was under $50K: 576 grants of 724 (80%).
Geographic Focus
Where this funder awards grants
In 2024, 77% of reported grant dollars went to recipients in Washington. The other leading recipient states were Delaware (12%), Wisconsin (2%), California (1%), and Texas (1%). The listed grants also include recipients in Georgia. These figures describe grant recipients and do not establish a broader geographic eligibility policy.
Grant Distribution by State
Share of 2024 grant dollars across all 192 itemized grants.
States
Cities
Is Credit Unions in the State of Washington open to new grantees?
37%
first-time grantees, 2024
In 2024, 71 of 192 grantees (37%) were first-time recipients. First grants averaged $19K; repeat grants $71K. How we count
Medians: $13K first-time, $15K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.6M (2021) to $9.9M (2024). In 2024 it made 192 grants totaling $9.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Becu Foundation Tukwila, WA | Operations for the Becu Foundation | $2,595,467 |
| American Online Giving Foundation Inc Newark, DE | Donation | $1,150,000 |
| Friends of Kexp Seattle, WA | Donation | $543,351 |
| Seattle Foundation Seattle, WA | Donation | $325,000 |
| Express Credit Union Seattle, WA | Support | $300,000 |
| Business Impact NW Tukwila, WA | Donation | $278,000 |
| National Credit Union Foundation Inc Madison, WI | Donation | $210,000 |
| Junior Achievement of Washington Auburn, WA | Donation | $205,000 |
| WSU Foundation Spokane, WA | Donation | $200,000 |
| Seattle Colleges Foundation Seattle, WA | Donation | $170,000 |
Ready to take the next step with Credit Unions in the State of Washington?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $29,352,686,764 | $1,776,584,337 | $1,536,607,880 | $9,933,353 | 192 | $451,570,523 |
| 2023 | $29,871,889,353 | $1,537,981,153 | $1,358,881,191 | $9,439,831 | 167 | $423,065,240 |
| 2022 | $28,780,643,575 | $1,076,116,183 | $879,646,068 | $8,613,497 | 122 | $240,509,207 |
| 2021 | $30,156,698,461 | $992,196,351 | $737,944,717 | $5,595,620 | 115 | $245,914,595 |
| 2020 | $26,751,027,006 | $946,571,736 | $783,626,413 | $6,354,646 | 128 | $206,469,598 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
BECU’s stated mission is to bring people together to improve the financial well-being of its members and their communities. Its philanthropy website identifies financial literacy and education, postsecondary education and college access, workforce development, entrepreneur access and development, and housing stability and homeownership as giving areas. The BECU Foundation is an independent nonprofit corporation that receives financial and other support from BECU.
2024 grantees illustrate the range of organizations supported. Friends of KEXP, which received $543,351, says its mission is to enrich lives by championing music and discovery. Seattle Foundation, which received $325,000, says it works to make Greater Seattle a stronger, more vibrant community for all through philanthropy. Business Impact NW, which received $278,000, says it provides economic development financing to small businesses that do not qualify for conventional private financing. Junior Achievement of Washington, which received $205,000, says it prepares young people to succeed in a global economy through financial literacy, work-readiness, and entrepreneurship lessons. Seattle Colleges Foundation, which received $170,000, says it works to advance Seattle Colleges’ mission and increase access to affordable education.
Grantmaking
In filing year 2024, BECU reported 192 grants totaling $9,933,353. Grant amounts ranged from $5,000 to $2,595,467, with a median grant of $15,000. Among the largest were $2,595,467 to BECU Foundation for its operations, $1,150,000 to American Online Giving Foundation, $543,351 to Friends of KEXP, $325,000 to Seattle Foundation, and $300,000 to Express Credit Union. Other large grants included $278,000 to Business Impact NW, $210,000 to National Credit Union Foundation, $205,000 to Junior Achievement of Washington, and $200,000 to WSU Foundation.
BECU’s website describes the People Helping People Awards, an annual program in which members nominate nonprofit organizations. A December 2024 announcement said the program awarded $510,000 in total to 25 nonprofits that year and that it included grants through the Black Community Development Project. The website also provides a “Submit a new application” option for philanthropy. It does not specify application requirements or whether requests may be submitted without an invitation.
BECU’s 2024 filing narrative states that it contributed primarily to election campaigns of individuals running for Washington state-elected positions. The filing separately reports the itemized grants summarized above.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Debra Somberg as Director Chairperson and Bill Longbrake, Denis Farmer, John McMurray, Manolo Sanchez, Matthew Oppenheimer, Patrick Smith, Susan Ehrlich, and Vanessa Pegueros as directors. John Benson Porter is listed as Former President CEO.
Credit Unions in the State of Washington is led by Beverly Anderson, President CEO on every filing since 2022; all 32 officers listed in 2024 are compensated.
Officers on the 2024 filing
Beverly Anderson
President CEO
On filings since 2022
40 hrs/week
$642K (2022) → $2.6M (2024)
Debra Somberg
Director Chairperson
Director → Director Chairperson, 2021
On filings since 2020
6 hrs/week
$86K (2020) → $154K (2024)
Bill Longbrake
Director
On filings since 2020
6 hrs/week
$85K (2020) → $126K (2024)
Denis Farmer
Director
Director Audit Committee → Director, 2021
On filings since 2020
6 hrs/week
$80K (2020) → $114K (2024)
John McMurray
Director
Director Audit Committee → Director, 2021
On filings since 2020
6 hrs/week
$82K (2020) → $131K (2024)
Susan Ehrlich
Director
Director Chairperson → Director, 2021
On filings since 2020
6 hrs/week
$95K (2020) → $65K (2024)
Manolo Sanchez
Director
On filings since 2021
6 hrs/week
$33K (2021) → $114K (2024)
Matthew Oppenheimer
Director
On filings since 2022
6 hrs/week
$82K (2022) → $126K (2024)
Patrick Smith
Director
On filings since 2022
6 hrs/week
$32K (2022) → $120K (2024)
Vanessa Pegueros
Director
On filings since 2023
6 hrs/week
$73K (2023) → $114K (2024)
Dana Gray
Senior Vice President Commercial & Business Services
Senior Vice President Commercial Business Services → Senior Vice President Commercial & Business Services, 2023
On filings since 2020
40 hrs/week
$537K (2020) → $832K (2024)
Douglas Marshall
Executive Vice President Chief Product Digital Officer
On filings since 2020
40 hrs/week
$843K (2020) → $982K (2024)
Fumbi Chima
Executive Vice President Chief Technology Transformation Officer
Executive Vice President Chief Information Officer → Executive Vice President Chief Technology Transformation Officer, 2021
On filings since 2020
40 hrs/week
$240K (2020) → $362K (2024)
John Benson Porter
Former President CEO
President CEO → Former President CEO, 2022
On filings since 2020
$3.8M (2020) → $926K (2024)
John Stewart
Executive Vice President Chief Risk Officer
On filings since 2020
40 hrs/week
$744K (2020) → $763K (2024)
Lisa Grove
Senior Vice President Chief Audit Executive
On filings since 2020
40 hrs/week
$418K (2020) → $425K (2024)
Melanie Walsh
Former Executive Vice President Chief Administrative Officer
Executive Vice President Chief Administrative Officer → Former Executive Vice President Chief Administrative Officer, 2024
On filings since 2020
40 hrs/week
$961K (2020) → $201K (2024)
Melba Bartels
Executive Vice President Chief Financial Officer
On filings since 2020
40 hrs/week
$1.1M (2020) → $2.1M (2024)
Michael Scott Strand
Executive Vice President Chief Operating Officer
On filings since 2020
40 hrs/week
$1.3M (2020) → $2M (2024)
Thomas Berquist
Former Executive Vice President Chief Marketing Officer
Executive Vice President Chief Marketing Officer → Former Executive Vice President Chief Marketing Officer, 2024
On filings since 2020
40 hrs/week
$936K (2020) → $1.2M (2024)
Beth Hale
Executive Vice President Chief Consumer & Business Solutions Officer
On filings since 2023
40 hrs/week
$232K (2023) → $739K (2024)
Drew Wolff
Executive Vice President Chief Financial Officer
On filings since 2023
40 hrs/week
$285K (2023) → $602K (2024)
Jason Rudman
Executive Vice President Chief Membership Experience Officer
On filings since 2023
40 hrs/week
$90K (2023) → $787K (2024)
Mike Ryan
Executive Vice President Chief Legal Officer & General Counsel
On filings since 2023
40 hrs/week
$573K (2023) → $571K (2024)
Nathan Ramachandran
Executive Vice President Chief Technology Officer
On filings since 2023
40 hrs/week
$414K (2023) → $930K (2024)
Raquel Karls
Executive Vice President Chief People Officer
On filings since 2023
40 hrs/week
$261K (2023) → $604K (2024)
Rick Eiel
Executive Vice President Chief Data & Analytics Officer
On filings since 2023
40 hrs/week
$857K (2023) → $1.1M (2024)
Shawna Thompson
Executive Vice President Head of Operations
On filings since 2023
40 hrs/week
$360K (2023) → $551K (2024)
Bobbi Moody
Senior Mortgage Advisor - Primary Market
New on the 2024 filing
40 hrs/week
$1M (2024)
Ivan Seda
Senior Vice President Financial Performance Management
New on the 2024 filing
40 hrs/week
$754K (2024)
Sonika Saini
Senior Mortgage Advisor - Primary Market
New on the 2024 filing
40 hrs/week
$756K (2024)
Xiaobo Ni
Senior Mortgage Advisor - Primary Market
New on the 2024 filing
40 hrs/week
$2.2M (2024)
Former officers (42)
- Former: Linnea Wexler (2020–2023) — Senior Commercial Relationship Manager II
- Former: Sean Murphy (2020–2023) — Senior Vice President Chief Information Security Officer
- Former: Will Daugherty (2020–2023) — Director
- Former: Paul Hutchison (2022–2023) — Senior Vice President Tech Business Solutions
- Former: Lisa Holley (2023) — Senior Mortgage Advisor - Primary Market
- Former: Aaron Bresko (2020–2022) — Former Senior Vice President Consumer Lending
- Former: Anthony Harris (2020–2022) — Assistant Corporate Secretary
- Former: David Yonce (2020–2022) — Director
- Former: Deborah Taglialavore (2020–2022) — Vice President Commercial & Business Services-Primary Markets
- Former: Gennadiy Henry Darakhovskiy (2020–2022) — Senior Vice President Treasury CIO
- Former: Gregg Kats (2020–2022) — Senior Vice President Administration Servicing
- Former: Jennifer Fancher (2020–2022) — Senior Vice President Transformation Officer
- Former: Ken Myhra (2020–2022) — Former Senior Vice President Credit Card
- Former: Lorraine Stewart (2020–2022) — Senior Vice President Mortgage Lending
- Former: Mathew Dailey (2020–2022) — Vice President Investment Services
- Former: Michael Ryan (2020–2022) — Senior Vice President General Counsel
- Former: Michael Zell (2020–2022) — Senior Vice President Digital
- Former: Shahzad Kazi (2020–2022) — Senior Vice President Credit Risk Management CCO
- Former: Travis Simpson (2020–2022) — Senior Vice President Retail Contact Center Wealth
- Former: Balaji Ponnuswamy (2021–2022) — Senior Vice President Product Development Management
- Former: Brian Knollenberg (2021–2022) — Senior Vice President Marketing
- Former: Bryan MacDonald (2021–2022) — Senior Vice President Enterprise Risk Management
- Former: Christine Wallace (2021–2022) — Senior Vice President Accounting Controller
- Former: Jaime Suarez (2021–2022) — Financial Advisor
- Former: Karen Potts (2021–2022) — Senior Vice President Technology
- Former: Paula Ramirez (2021–2022) — Senior Vice President Human Resources
- Former: Debasis Rath (2022) — Senior Vice President Consumer Lending
- Former: Deborah McLeod (2022) — Vice President Retail Delivery
- Former: Jessie Woolley-Wilson (2022) — Director
- Former: Marc Wright (2022) — Vice President Commercial Credit
- Former: Venetia Espinoza (2022) — Senior Vice President Credit Card
- Former: Jessie Woolley Wilson (2020–2021) — Director
- Former: Matt Oppenheimer (2020–2021) — Director
- Former: Sara Moorehead (2020–2021) — Former Senior Vice President Cooperative Affairs
- Former: Solynn McCurdy (2020–2021) — Senior Vice President Social Impact Becu Foundation Executive Director
- Former: Robert Gatlin (2021) — Vice President Financial Planning & Analysis
- Former: Steve Vertrees (2021) — Financial Advisor
- Former: Todd Crawford (2021) — Financial Advisor
- Former: Desiree Serr (2020) — Director
- Former: Mark Thomson (2020) — Vice President Compliance Privacy
- Former: Steven Hauschild (2020) — Director Commercial Lending - Expansion Markets
- Former: Thomas Morgan (2020) — Executive Vice President Chief Information Officer
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $2.6M, to Beverly Anderson (President CEO). 32 officers or directors reported compensation on that filing.
Frequently asked questions about Credit Unions in the State of Washington
How much does Credit Unions in the State of Washington give each year?
Credit Unions in the State of Washington gave $9.9M across 192 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $9.4M across 167 grants.
What is Credit Unions in the State of Washington's typical grant size?
Credit Unions in the State of Washington's median grant in 2024 was $15,000, and its average grant was $51,736, across 192 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Credit Unions in the State of Washington that year got $19K on average.
Where does Credit Unions in the State of Washington give grants?
Credit Unions in the State of Washington gives mostly in Washington: 77% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Delaware (12%). The most frequent recipient cities were Seattle, WA (65 grants), Tacoma, WA (15 grants), Spokane, WA (8 grants) and Tukwila, WA (7 grants).
Does Credit Unions in the State of Washington give general operating support?
Not in 2024: none of the 192 grants with a stated purpose on Credit Unions in the State of Washington's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Donation" (190 grants).
Who are Credit Unions in the State of Washington's largest grantees?
Credit Unions in the State of Washington's largest 2024 grantees include Becu Foundation ($2,595,467), American Online Giving Foundation Inc ($1,150,000) and Friends of Kexp ($543,351), according to its 2024 IRS Form 990. Together they received 43% of its itemized 2024 grant dollars.
How large is Credit Unions in the State of Washington?
Credit Unions in the State of Washington reported $29.4B in total assets on its 2024 IRS Form 990. Its revenue that year was $1.8B.
What does Credit Unions in the State of Washington fund?
BECU’s stated mission is to bring people together to improve the financial well-being of its members and their communities. See mission & focus areas ↑
How do I apply for a grant from Credit Unions in the State of Washington?
Credit Unions in the State of Washington has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Credit Unions in the State of Washington's EIN?
Credit Unions in the State of Washington's EIN (Employer Identification Number) is 91-0219435. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
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 May 15, 2023)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Credit Unions in the State of Washington's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Credit Unions in the State of Washington funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/credit-unions-in-the-state-of-washington-morg_db85de1ca5d84af8b2ce1135a5a708a0
BibTeX
@misc{grantable_910219435_2026,
author = {{Grantable}},
title = {{Credit Unions in the State of Washington funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/credit-unions-in-the-state-of-washington-morg_db85de1ca5d84af8b2ce1135a5a708a0},
note = {Accessed 2026-10-04. 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 Unions in the State of Washington'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.
Credit Unions in the State of Washington down — hundreds of funders to go?