Five Star Credit Union Foundation
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.
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
4
+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
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.
Ready to take the next step with Five Star Credit Union Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
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 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 |
| KAYLA JONES DOTHAN, AL | DISASTER RELIEF | $2,883 |
| NATIONAL CREDIT UNION FOUNDATION MADISON, WI | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in Five Star Credit Union Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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