Five Star Credit Union Foundation

Foundation · Grantmaker Dothan, AL EIN: 84-4465279

Five Star Credit Union Foundation is a private foundation, based in Dothan, AL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 4 grants totaling $113K.

Key facts about Five Star Credit Union Foundation

EIN: 84-4465279
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $112,883
Grants made (2024): 4
Average grant: $28,221
Median grant: $30,000
Total assets: $1,609,783
Primary geography: Alabama (47% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Five Star Credit Union Foundation funds

By grant dollars, the top recipient states for Five Star Credit Union Foundation's 4 itemized 2024 grants were Alabama (47%), Georgia (44%) and Wisconsin (9%). The most frequent recipient cities were Dothan, AL (2 grants). 25% of grants with a stated purpose were for general or operating support.

How Five Star Credit Union Foundation gives

In 2024 it paid out 146% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Five Star Credit Union Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+9.2% YoY

Annual Giving

$113K

+125.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$28K

+125.8% YoY

Under IRS private-foundation payout rules, Five Star Credit Union Foundation reported a distributable amount of $79K for 2024 — the minimum it must pay out in qualifying distributions.

About Five Star Credit Union Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $53K (47%)

Georgia $50K (44%)

Wisconsin $10K (9%)

Share of all 4 itemized 2024 grant dollars.

States

Alabama Georgia Wisconsin

Cities

DothanBrunswickThomasvilleEnterpriseMadison

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,609,783	$1,473,640	$870,303
Revenue	$251,601	$658,703	$478,788
Expenses	$115,458	$55,366	$35,166
Qualifying Distributions	$115,458	$55,150	$34,443
Net Investment Income	—	—	—
Distributable Amount	$79,178	$57,878	$30,858

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include College of Coastal Georgia ($50,000), Wallace Community College Sparks Foundation ($50,000), National Credit Union Foundation ($10,000).

Recipient	Purpose	Amount
COLLEGE OF COASTAL GEORGIA Brunswick, GA	SCHOLARSHIPS	$50,000
WALLACE COMMUNITY COLLEGE SPARKS FOUNDATION Dothan, AL	SCHOLARSHIPS	$50,000
NATIONAL CREDIT UNION FOUNDATION Madison, WI	GENERAL SUPPORT	$10,000
KAYLA JONES Dothan, AL	DISASTER RELIEF	$2,883

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Mike Bridges	Secretary/Treasurer	1	—
Robert Steensma	President	1	—
Wallace Johnson	Vice President	1	—
Pamela Earp	Board Member	1	—

Frequently Asked Questions

How large is Five Star Credit Union Foundation?

As of 2024, Five Star Credit Union Foundation holds $1.6M in total assets with $252K in annual revenue. It awarded 4 grants totaling $113K in 2024.

Where does Five Star Credit Union Foundation operate?

Five Star Credit Union Foundation has awarded grants in Alabama, Georgia, Wisconsin.

What size grants does Five Star Credit Union Foundation award?

In 2024, Five Star Credit Union Foundation awarded 4 grants totaling $113K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is Five Star Credit Union Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Five Star Credit Union Foundation reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Five Star Credit Union Foundation's EIN?

Five Star Credit Union Foundation's EIN (Employer Identification Number) is 84-4465279. IRS Form 990 filing data is available on this page for 2021–2024.