First Federal Credit Union Foundation

HIAWATHA, IA EIN: 82-5181234

First Federal Credit Union Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIAWATHA, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $305K in total assets. In 2024, it awarded 27 grants totaling $21K. Net investment income was $16K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$305K

+5.4% YoY

Annual Giving

$21K

+40.1% YoY

Grant Count

27

+42.1% YoY

Avg Grant Size

$775.926

-1.4% YoY

About First Federal Credit Union Foundation

Based on IRS filings

First Federal Credit Union Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIAWATHA, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $305K in total assets. In 2024, it awarded 27 grants totaling $21K. Net investment income was $16K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

AmesCedar RapidsCenter PointDallasHiawathaIndianolaIowa CityLakotaMarionShellsburgSpencerSwisherWalkerWest Des Moines

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$19K$29K$39K20202021202220232024
Metric202420232022
Total Assets$304,863$289,248$253,993
Revenue$35,319$32,699$31,173
Expenses$25,949$19,674$24,453
Qualifying Distributions$22,142$16,114$21,212
Net Investment Income$15,624$13,252$10,443
Distributable Amount$14,655$13,319$12,828

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$13K$20K$26K15 grants202022 grants202125 grants202219 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CENTER POINT URBANA FELL…$3KFREEDOM FOUNDATION$1KGREEN SQUARE MEALS$1KHIAWATHA PARKS & RECREAT…$1KINDIAN CREEK NATURE CENTER$1KKIDS FIRST LAW CENTER$1KKIRKWOOD COMMUNITY COLLEGE$1KLINN COUNTY HISTORICAL S…$1KMT ZION FOOD PANTRY$1KSIMPSONS COLLEGE$1K

Grant Size Distribution

108 grants across all recorded years

108<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DOUG NETOLICKYVICE PRESIDENT0.5
GENEVA WILLIAMSDIRECTOR0.5
MARY LAWRENCEPRESIDENT0.5
NANCY KAHLEDIRECTOR0.5
TOM CHALSTROMDIRECTOR0.5
TRACY JACKSONDIRECTOR0.5
NICOLE OSTERHAUSDIRECTOR0.5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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