Educational Employees Credit Union
Educational Employees Credit Union (EECU) is based in Fresno, California. Founded in 1934 by local educators, it is a member cooperative whose field of membership includes school employees, students, members of school organizations, and select employer groups.
Educational Employees Credit Union at a glance
In short: Educational Employees Credit Union gave $490K across 31 grants in 2024 (avg $16K), mostly in California. 39% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $489,625
- -1.7% vs 2023
- Grants made (2024)
- 31
- +3.3% vs 2023
- Average grant
- $15,794
- -4.8% vs 2023
- Median grant
- $10,000
- Total assets
- $4,711,208,087
- +1.4% vs 2023
- New grantees (estimate)
- 39% first-time grantees (12 of 31, 2024)
- Primary geography
- California (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Educational Employees Credit Union
- Contact
Mailing address: 2222 West Shaw Avenue, Fresno, CA 93711
Phone: (559) 437-7731
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Educational Employees Credit Union funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Foundation Fcoe ($114K). Together the top 10 received $302K.
Grant Size Distribution
138 grants across all recorded years
The most common grant size was under $50K: 133 grants of 138 (96%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went primarily to California recipients (98%), with 2% going to Nevada. EECU’s history page says it is authorized to do business in 12 counties in California, including counties in the Central Valley and Central Coast.
Grant Distribution by State
Share of 2024 grant dollars across all 31 itemized grants.
Cities
Is Educational Employees Credit Union open to new grantees?
39%
first-time grantees, 2024
In 2024, 12 of 31 grantees (39%) were first-time recipients. First grants averaged $10K; repeat grants $19K. How we count
Medians: $10K first-time, $10K 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 $329K (2020) to $498K (2023). In 2024 it made 31 grants totaling $490K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Foundation Fcoe Fresno, CA | To support the students of Fresno county with exemplary educational programs and services through a shared community responsibility. | $114,000 |
| Fresno Grizzlies Fresno, CA | To Provide 2024 Sponsorship. | $35,000 |
| San Luis Obispo County Office of Education San Luis Obispo, CA | Employee appreciation sponsorship 3 events and slo teacher of the year 2024 | $30,000 |
| State Center Community College Foundation Fresno, CA | To help enhance the access to and quality of community education for the students and faculty of the state center community college district. | $24,500 |
| Valley Public Radio Clovis, CA | To help expand your word through voices and sounds that inform and inspire. | $24,000 |
| Big Fresno Fair Fresno, CA | To help showcase agriculture, providing a link between urban and rural California. | $20,000 |
| Valley Children's Hospital Madera, CA | To help generate funds to support the goals of valley children's healthcare and its affiliated entities. | $15,000 |
| College of the Sequoias Foundation Visalia, CA | To Assist in Providing Student Scholarships. | $14,100 |
| Foundation for Central Schools Fresno, CA | Central USD Scholarship Sponsorship | $12,500 |
| The Salvation Army Rancho Palos Verdes, CA | Backpack Event Sponsorship | $12,500 |
Ready to take the next step with Educational Employees Credit Union?
Financial History
Multi-year comparison from IRS filings
The filing type is Form 990 (a public charity).
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $4,711,208,087 | $239,311,810 | $176,440,535 | $489,625 | 31 | $60,156,001 |
| 2023 | $4,647,760,922 | $202,431,940 | $138,316,226 | $497,895 | 30 | $50,512,529 |
| 2022 | $4,593,284,886 | $167,213,088 | $122,071,053 | $401,148 | 23 | $42,446,933 |
| 2021 | $4,681,848,243 | $140,033,802 | $110,798,867 | $376,000 | 24 | $24,816,247 |
| 2020 | $4,082,351,869 | $135,085,182 | $111,950,138 | $328,836 | 30 | $27,260,325 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
EECU states that it is organized to promote thrift and savings among members, provide them with a source of credit, and enable them to use and control their money democratically to improve their economic and social conditions. Its stated purpose also includes serving members’ mutual benefit and general welfare.
The 2024 grants show support for education and scholarships, community events and sponsorships, and other local organizations. For example, The Foundation FCOE says its mission is to support Fresno County students with educational programs and services; the College of the Sequoias Foundation says it directs community resources to the college, including for student scholarships and educational equipment; and United Way of Merced County says it mobilizes community support to advance health stability and opportunity. EECU’s website also describes financial education programs for students and people of all ages.
Grantmaking
In filing year 2024, EECU reported 31 grants totaling $489,625. Individual grants ranged from $5,325 to $114,000, with a median of $10,000. The largest listed award was $114,000 to The Foundation FCOE. Other large awards included $35,000 to Fresno Grizzlies for 2024 sponsorship, $30,000 to San Luis Obispo County Office of Education for employee-appreciation sponsorships and a teacher-of-the-year event, and $24,500 to State Center Community College Foundation to support access to and quality of community education. EECU also gave $14,100 to College of the Sequoias Foundation to assist with student scholarships.
Separately, EECU’s Student Grant Program provides grants to its members for tuition, books, and other school-related expenses at post-high-school institutions and training programs. EECU says it awards 50 grants each year totaling $100,000. Applicants must be EECU members, joint members, or joint owners on an account in good standing; for the 2027 program, the account must be open, or the joint member or owner added, by June 4, 2026. The program is scheduled to open in October 2026. These are grants to eligible members for their education expenses, not grants to outside organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Walter Franzell as chair, Ali Nekumanesh as vice chair, Lisa Cutts as treasurer, and Mike Snell as secretary. Directors listed were Derek Scharton, Philip Neufeld, Dave Roberts, Brad Stevens, and Darcy Williams; Thomas Borchardt was listed as a board member emeritus.
Educational Employees Credit Union is led by Elizabeth Dooley, CEO on every filing since 2020; all 26 officers listed in 2024 are compensated.
Officers on the 2024 filing
Elizabeth Dooley
CEO
On filings since 2020
60 hrs/week
$855K (2020) → $1.1M (2024)
Walter A. Franzell
Chair
Vice Chairperson → Chairperson, 2021
Chairperson → Chair, 2022
On filings since 2020
4 hrs/week
$2K (2020) → $4K (2024)
William Clark
Supr Cmte Chair
Supv Cmte Chair → Supv Cmte Member, 2021
Supv Cmte Member → Supr Cmte Chair, 2022
On filings since 2020
2 hrs/week
$2K (2020) → $2K (2024)
Ali Nekumanesh
Vice Chair
Board Member → Vice Chairperson, 2021
Vice Chairperson → Vice Chair, 2022
On filings since 2020
4 hrs/week
$2K (2020) → $1K (2024)
Barbara Thomas
Board Member
On filings since 2020
2 hrs/week
$159 (2020) → $159 (2024)
Beverly Ryan
CFO
On filings since 2020
50 hrs/week
$342K (2020) → $485K (2024)
Brad Stevens
Board Member
Supv Cmte Secretary → Supr Cmte Secretary, 2022
Supr Cmte Secretary → Board Member, 2024
On filings since 2020
2 hrs/week
$159 (2020) → $1K (2024)
Bradley Towers
Financial Representative
On filings since 2020
50 hrs/week
$322K (2020) → $379K (2024)
Derek Scharton
Board Member
On filings since 2020
2 hrs/week
$159 (2020) → $3K (2024)
Dick Ashjian
Senior Vice President Risk Management
On filings since 2020
50 hrs/week
$316K (2020) → $417K (2024)
Elena Martin
Controller
On filings since 2020
50 hrs/week
$223K (2020) → $286K (2024)
Lisa Cutts
Treasurer
Supv Cmte Secretary → Board Member, 2021
Board Member → Treasurer, 2022
On filings since 2020
2 hrs/week
$159 (2020) → $159 (2024)
Mark Perez
Clo
On filings since 2020
50 hrs/week
$369K (2020) → $470K (2024)
Mike Snell
Secretary
Board Member → Secretary, 2023
On filings since 2020
2 hrs/week
$159 (2020) → $1K (2024)
Philip Neufeld
Board Member
Supv Cmte Chair → Supr Cmte Member, 2022
Supr Cmte Member → Board Member, 2023
On filings since 2020
2 hrs/week
$1K (2020) → $339 (2024)
Rick Browning
Board Member
Treasurer → Board Member, 2022
On filings since 2020
2 hrs/week
$1K (2020) → $2K (2024)
Thomas Borchardt
Board Member
Supv Cmte Member → Supr Cmte Member, 2022
Supr Cmte Member → Board Member, 2024
On filings since 2020
2 hrs/week
$1K (2020) → $159 (2024)
Thomas Gray
Senior Vice President Hr & Facilities
On filings since 2020
50 hrs/week
$315K (2020) → $416K (2024)
Dave Roberts
Board Member
On filings since 2021
2 hrs/week
$159 (2021) → $667 (2024)
Kathryn Ortega-Jones
Supr Cmte Member
Supv Cmte Member → Supr Cmte Member, 2022
On filings since 2021
2 hrs/week
$80 (2021) → $159 (2024)
Eric Hovda
Senior Vice President It
On filings since 2022
50 hrs/week
$270K (2022) → $306K (2024)
Natalie Tomajan
COO
On filings since 2022
40 hrs/week
$240K (2022) → $291K (2024)
Saeng Bunsy
Supr Cmte Member
On filings since 2022
2 hrs/week
$184 (2022) → $159 (2024)
Darcy Williams
Board Member
On filings since 2023
2 hrs/week
$204 (2023) → $159 (2024)
Nikolaus Dejong
Supr Cmte Secretary
Supr Cmte Member → Supr Cmte Secretary, 2024
On filings since 2023
2 hrs/week
$241 (2023) → $2K (2024)
Laurie Madden
Supr Cmte Member
New on the 2024 filing
2 hrs/week
$431 (2024)
Former officers (9)
- Former: Paul Hokokian (2020–2023) — Board Member
- Former: Cleo Bauer (2021–2023) — Former Secretary
- Former: Denda Matthews (2020–2022) — COO
- Former: Julie Mattern (2020–2021) — Senior Vice President Branches
- Former: Carol Munshower (2020) — Board Member
- Former: Cleo Bauer-Papagni (2020) — Secretary
- Former: David Roberts (2020) — Board Member
- Former: John Tinker (2020) — Chairperson
- Former: Kalyana Sundaram Former (2020) — CIO
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 $1.1M, to Elizabeth Dooley (CEO). 26 officers or directors reported compensation on that filing.
Frequently asked questions about Educational Employees Credit Union
How much does Educational Employees Credit Union give each year?
Educational Employees Credit Union gave $490K across 31 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $498K across 30 grants.
What is Educational Employees Credit Union's typical grant size?
Educational Employees Credit Union's median grant in 2024 was $10,000, and its average grant was $15,794, across 31 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Educational Employees Credit Union that year got $10K on average.
Where does Educational Employees Credit Union give grants?
Educational Employees Credit Union gives mostly in California: 98% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Fresno, CA (16 grants), Paso Robles, CA (3 grants), San Luis Obispo, CA (2 grants) and Clovis, CA (2 grants).
Does Educational Employees Credit Union give general operating support?
Not in 2024: none of the 31 grants with a stated purpose on Educational Employees Credit Union's 2024 IRS Form 990 were described as general or operating support.
Who are Educational Employees Credit Union's largest grantees?
Educational Employees Credit Union's largest 2024 grantees include The Foundation Fcoe ($114,000), Fresno Grizzlies ($35,000) and San Luis Obispo County Office of Education ($30,000), according to its 2024 IRS Form 990. Together they received 37% of its itemized 2024 grant dollars.
How large is Educational Employees Credit Union?
Educational Employees Credit Union reported $4.7B in total assets on its 2024 IRS Form 990. Its revenue that year was $239.3M.
What does Educational Employees Credit Union fund?
EECU states that it is organized to promote thrift and savings among members, provide them with a source of credit, and enable them to use and control their money democratically to improve their economic and social conditions. See mission & focus areas ↑
How do I apply for a grant from Educational Employees Credit Union?
Educational Employees Credit Union has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Educational Employees Credit Union's EIN?
Educational Employees Credit Union's EIN (Employer Identification Number) is 94-1031345. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 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 October 19, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 3, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Educational Employees Credit Union's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in California
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Kaiser Foundation Hospitals
Oakland, CA
Kaiser Foundation Hospitals funds health care access and services, community health, health education, and related work, with priorities including mental and behavioral health, housing, and income and employment. Its 2024 grants had a median of $25,000, though amounts varied widely; most grant dollars went to California, with some going elsewhere. In Southern California, it says it does not accept unsolicited letters of inquiry or proposals and awards grants through competitive processes to pre-identified organizations.
Assets
$87.4B
Grants
1,122
Total Given
$225.4M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
The California Endowment
Los Angeles, CA
The California Endowment funds nonprofit, government, and eligible faith-based organizations working to advance health and racial equity, strengthen community power, and improve health systems and communities, primarily in California. Its 2024 median grant was $100,000, and funding is by invitation only; it does not accept unsolicited requests.
Assets
$4.5B
Grants
1,125
Total Given
$215.9M
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
California Community Foundation
Los Angeles, CA
The California Community Foundation supports nonprofits through discretionary and donor-directed grants, with discretionary priorities including education, health, housing and immigration, alongside other areas such as arts, civic engagement and economic opportunity. Its 2025 grants had a median of $50,000, and its work is focused on Los Angeles County; prospective discretionary applicants are asked to contact the relevant program officer before submitting a letter of intent.
Assets
$2.3B
Grants
2,174
Total Given
$326.6M
More similar funders
More Funders in California
Cite this profile
Grantable. (2026). Educational Employees Credit Union funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/educational-employees-credit-union-morg_5dee2c9596c9419a8ec87dabb20f70c0
BibTeX
@misc{grantable_941031345_2026,
author = {{Grantable}},
title = {{Educational Employees Credit Union funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/educational-employees-credit-union-morg_5dee2c9596c9419a8ec87dabb20f70c0},
note = {Accessed 2026-10-15. 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 Educational Employees Credit Union'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.
Educational Employees Credit Union down — hundreds of funders to go?