First Alliance Credit Union Foundation Inc

Private foundation · Grantmaker Stewartville, MN EIN: 87-4517390

First Alliance Credit Union Foundation Inc is a private foundation, based in Stewartville, MN. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $75K in total assets. In 2025, it awarded 2 grants totaling $13K.

First Alliance Credit Union Foundation Inc at a glance

In short: First Alliance Credit Union Foundation Inc gave $13K across 2 grants in 2025 (avg $6K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$12,500
-38.1% vs 2024
Grants made (2025)
2
-71.4% vs 2024
Average grant
$6,250
+116.5% vs 2024
Median grant
$6,250
Total assets
$75,297
+84.3% vs 2024
Primary geography
Minnesota (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who First Alliance Credit Union Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Boys and Girls Club of Rochester: $10KBoys and Girls Club ofRochester$10KJeremiah Program: $3KJeremiah Program$3K

The largest 2025 recipient was Boys and Girls Club of Rochester ($10K). Together the top 2 received $13K.

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

RochesterOwatonna

How First Alliance Credit Union Foundation Inc gives

  • In 2025 it paid out 404% 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$10K$20K$30K0 grants2022 6 grants2023 7 grants2024 2 grants2025

From 2023 to 2025, annual grant giving ranged from $13K (2025) to $20K (2024). In 2025 it made 2 grants totaling $13K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Boys and Girls Club of Rochester Rochester, MNSupport youth financial literacy program$10,000
Jeremiah Program Rochester, MNSupport education of single moms$2,500
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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
2025$75,297$66,493$32,058$12,5002$12,500—$3,096
2024$40,858$47,376$32,180$20,2107———
2023$25,758$41,143$23,570$13,0006$23,570—$942
2022$8,183$8,944$761——$761$5$210

Under IRS private-foundation payout rules, First Alliance Credit Union Foundation Inc reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

First Alliance Credit Union Foundation Inc is led by Brent Rempe, President & Advisor on the 2025 filing; none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Brent Rempe

    President & Advisor

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Jenna Taubel

    Board Chair

    Director → Chair, 2024

    Chair → Board Chair, 2025

    On filings since 2022

    2 hrs/week

    No compensation reported

  • LeAnne Trom

    Vice Chair

    President → Director, 2024

    Director → Vice Chair, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

  • Tricia Jensen

    Treasurer

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Gena Anderson

    Secretary

    Director → Secretary, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Danielle Sommerfeldt

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Devang Patel

    Associate Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Lisett Comai-Legrand (2022–2024) — Secretary-Former
  • Former: Briana McDonald (2024) — Director
  • Former: Mark Hettinger (2022) — President

Data from IRS Form 990 filings, 2022–2025. "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 First Alliance Credit Union Foundation Inc

How much does First Alliance Credit Union Foundation Inc give each year?

First Alliance Credit Union Foundation Inc gave $13K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 7 grants.

How large is First Alliance Credit Union Foundation Inc?

First Alliance Credit Union Foundation Inc reported $75K in total assets on its 2025 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

Where does First Alliance Credit Union Foundation Inc operate?

First Alliance Credit Union Foundation Inc has awarded grants in Minnesota.

What is First Alliance Credit Union Foundation Inc's EIN?

First Alliance Credit Union Foundation Inc's EIN (Employer Identification Number) is 87-4517390. IRS Form 990 filing data is available on this page for 2022–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 28, 2023)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 23, 2024)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 6, 2025)
  4. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 17, 2026)
  5. IRS filings on file for fiscal years 2022–2025

Explore Open Grants

Browse active grant opportunities in First Alliance Credit Union Foundation Inc's focus areas in our free grants database

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

Figures come from First Alliance 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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