Forum Credit Union Foundation Inc
Forum Credit Union Foundation Inc is a corporate foundation located in Fishers, Indiana. Established in 2013, the foundation is a 501(c)(3) organization with no employees that focuses on educational funding and scholarships.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$162K
-1.9% YoY
Grant Count
26
-10.3% YoY
Avg Grant Size
$6K
+9.4% YoY
Mission & Focus Areas
The foundation's primary funding areas are:
- Educational Scholarships: Awards scholarships to colleges and universities, benefiting individuals pursuing higher education
- K-12 Educational Grants: Provides classroom education grants to Indiana schools
Grantmaking
Grant Range
s:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Indiana, with some activity in Tennessee and Missouri.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent (2024):
- Total assets: $654,105
- Total revenues: $185,593
- Total expenses: $161,675
Prior Year (2023):
- Total assets: $630,187
- Total giving: $164,872
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
139 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Purdue University ($30,000), Indiana University ($30,000), Ball State University ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Wheaton College Wheaton, IL | higher education scholarships | $5,000 |
| Southeastern University Lakeland, FL | higher education scholarships | $5,000 |
| The Howard University Washington, DC | higher education scholarships | $5,000 |
| Purdue University Lafayette, IN | higher education scholarships | $30,000 |
| Indiana University Bloomington, IN | higher education scholarships | $30,000 |
| Ball State University Muncie, IN | higher education scholarships | $20,000 |
| Butler University Indianapolis, IN | higher education scholarships | $10,000 |
| Belmont University Nashville, TN | higher education scholarships | $5,000 |
| DePauw University Greencastle, IN | higher education scholarships | $5,000 |
| RoseHulman Institute of Technology Terre Haute, IN | higher education scholarships | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Douglas True | Director | 5 | — |
| Charles A Mattingly | Chairman | 5 | — |
| Jeffry Welch | Treasurer | 5 | — |
| Kristi Lowell | Secretary | 5 | — |
| Cameron Piercefield | Director | 5 | — |
| JoDee Curtis | Director | 5 | — |
| Michelle Baker | Director | 5 | — |
| Jenny Budreau | Secretary | 5 | — |
| Andrew Spirrison | Director | 5 | — |
| Donna Wilkinson | Non-Voting Director | 5 | — |
| Megan Carich | Executive Director | 5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has announced multiple rounds of scholarship and grant recipients in recent years, including:
FORUM Announces 2024/2025 Educator Grant Recipients - The Credit Union Connection2024/2025 Educator Grant Recipients
FORUM Announces 2024/2025 Educator Grant Recipients - The Credit Union Connection2026 Collegiate Scholarship Recipients
FORUM Credit Union announces 2026 Collegiate Scholarship recipients - The2025 Collegiate Scholarship Recipients
FORUM Credit Union announces 2026 Collegiate Scholarship recipients - The2021/2022 Educator Grant Recipients
FORUM Announces 2024/2025 Educator Grant Recipients - The Credit Union ConnectionThe foundation continues to actively award educator grants and collegiate scholarships on an annual basis.
FORUM Foundation awards teacher grantsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Forum Credit Union Foundation Inc fund?
The foundation's primary funding areas are: • **Educational Scholarships**: Awards scholarships to colleges and universities, benefiting individuals pursuing higher education • **K-12 Educational Grants**: Provides classroom education grants to Indiana schools
How do I apply for a grant from Forum Credit Union Foundation Inc?
**Grant Activity:** • Made 29 grants in the most recent fiscal year • Educational scholarships benefited 27 individuals • Educational grants were awarded to 13 Indiana schools **Grant Sizes:** • Typical awards range from $325 to $60,000 • Recent notable grants include: • Indiana University: $30,000 (Higher Education Scholarships) • Psi Chi - Ball State University: $20,000 (Higher Education Scholarships) • Butler University: $10,000 (Higher Education Scholarships) **Focus Areas:** • Education no…
Where does Forum Credit Union Foundation Inc make grants?
The foundation primarily funds organizations in Indiana, with some activity in Tennessee and Missouri.
What size grants does Forum Credit Union Foundation Inc award?
In 2024, Forum Credit Union Foundation Inc awarded 26 grants totaling $162K — an average of about $6K per grant, based on its IRS Form 990 filings.
What is Forum Credit Union Foundation Inc's EIN?
Forum Credit Union Foundation Inc's EIN (Employer Identification Number) is 46-3086648. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Forum Credit Union Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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