Fellowship Credit Union Foundation Inc

Private foundation · Grantmaker Lamar, CO EIN: 26-3671626

Fellowship Credit Union Foundation Inc is a private foundation based in Lamar, Colorado. Its 2024 filing reports grants for educational scholarships to individual recipients.

Fellowship Credit Union Foundation Inc at a glance

In short: Fellowship Credit Union Foundation Inc gave $13K across 23 grants in 2024 (avg $543.478), mostly in Colorado. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$12,500
+19.0% vs 2023
Grants made (2024)
23
+15.0% vs 2023
Average grant
$543
+3.5% vs 2023
Median grant
$500
Total assets
$194,455
+2.8% vs 2023
Primary geography
Colorado (94% 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 Fellowship Credit Union Foundation Inc

How to Apply

The 2024 filing describes a three-page scholarship application. Required attachments include two recommendation letters from a teacher, coach, or community member who is not related to the applicant; the most recent official high school or college transcript; and a typed essay. Applicants must be members of Fellowship Credit Union.

Review Cycle
The filing lists April 3, 2024. This was a past application cycle as of October 2, 2026.
Deadline
The filing lists April 3, 2024.
Contact

Application contact: Fellowship Credit Union Foundation
Mailing address: PO Box 876, Lamar, CO 81052
Phone: (719) 336-5511

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

Who Fellowship Credit Union Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

73 grants across all recorded years

73<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 73 grants of 73 (100%).

Geographic Focus

Where this funder awards grants

In 2024, 94% of grant dollars went to recipients in Colorado, 4% to recipients in Kansas, and 2% to recipients in Texas.

Grant Distribution by State

5states

Share of 2024 grant dollars across all 23 itemized grants.

Cities

AmarilloCanyonColorado SpringsEagle NestFrederickGranadaGunnisonHayesHollyLa JuntaLamarLas AnimasLawrenceMcclaveRocky FordTaosWiley

How Fellowship Credit Union Foundation Inc gives

  • Giving grew 47% from 2021 to 2024. Method
  • In 2024 it paid out 130% 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$5K$10K$15K14 grants2021 16 grants2022 20 grants2023 23 grants2024

From 2021 to 2024, annual grant giving ranged from $9K (2021) to $13K (2024). In 2024 it made 23 grants totaling $13K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
23 individual scholarships Recipients not named —$12,500
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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
2024$194,455$12,628$13,538$12,50023$12,500$10,103$9,626
2023$189,137$10,530$11,663$10,50020$10,500$7,155$9,056
2022$185,914$11,412$9,609$8,75016$8,500$8,746$9,162
2021$198,716$10,930$9,026$8,50014$8,500$7,544$10,069

Under IRS private-foundation payout rules, Fellowship Credit Union Foundation Inc reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

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

Grantmaking

In 2024, the foundation gave $12,500 through 23 grants. Grant amounts ranged from $250 to $2,000, with a median of $500. The largest reported awards were two $2,000 educational scholarships; other listed scholarship awards ranged from $500 to $750.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Patti Quarles as chairman, Bea Haggard as vice chair, Brian Kane and Francisco Martinez as directors, Linda Wilger as secretary, and Heather Gallegos as executive director.

Fellowship Credit Union Foundation Inc is led by Heather Gallegos, Executive Director on every filing since 2021; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Heather Gallegos

    Executive Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Patti Quarles

    Chairman

    Secretary → Chairman, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Brian Kane

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Francisco Martinez

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Bea Haggard

    Vice Chair

    On filings since 2021

    1 hr/week

    No compensation reported

  • Linda Wilger

    Secretary

    Chairman → Secretary, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Fellowship Credit Union Foundation Inc

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

Fellowship Credit Union Foundation Inc gave $13K across 23 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11K across 20 grants.

What is Fellowship Credit Union Foundation Inc's typical grant size?

Fellowship Credit Union Foundation Inc's median grant in 2024 was $500, and its average grant was $543, across 23 grants on its 2024 IRS Form 990-PF.

Where does Fellowship Credit Union Foundation Inc give grants?

Fellowship Credit Union Foundation Inc gives mostly in Colorado: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

Does Fellowship Credit Union Foundation Inc give general operating support?

Not in 2024: none of the 23 grants with a stated purpose on Fellowship Credit Union Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Scholarship" (23 grants).

How large is Fellowship Credit Union Foundation Inc?

Fellowship Credit Union Foundation Inc reported $194K in total assets on its 2024 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).

How do I apply for a grant from Fellowship Credit Union Foundation Inc?

The 2024 filing describes a three-page scholarship application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Fellowship Credit Union Foundation Inc's EIN?

Fellowship Credit Union Foundation Inc's EIN (Employer Identification Number) is 26-3671626. IRS Form 990 filing data is available on this page for 2021–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

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

Figures come from Fellowship 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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