Lafcu
While promoting the credit union philosophy, we are committed to providing financial services for the changing needs of our members and helping them obtain personal financial security.
Lafcu at a glance
In short: Lafcu gave $5.0M across 3 grants in 2024 (avg $1.7M), mostly in Michigan. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $5,020,000
- +10243.1% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $1,673,333
- +10243.1% vs 2023
- Median grant
- $10,000
- Total assets
- $1,129,173,408
- +9.7% vs 2023
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Lafcu
Open Grants
3 open opportunities from Lafcu
Innovation for Education Grant ($10,000)
Lafcu
Amount
$10,000
Deadline
Deadline not published
Pathway to Financial Transformation Scholarship
Lafcu
Amount
Varies
Deadline
Deadline not published
Write to Educate Scholarship
Lafcu
Amount
Varies
Deadline
Deadline not published
Who Lafcu funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Stable Communities Foundation ($5.0M). Together the top 3 received $5.0M.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 7 grants of 8 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2022) to $5.0M (2024). In 2024 it made 3 grants totaling $5.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stable Communities Foundation Lansing, MI | To support housing stability initiatives that expand access to safe, affordable housing | $5,000,000 |
| Xavier Degroat Autism Foundation Lansing, MI | To Support Austism Awareness, Education, and Community Programs | $10,000 |
| Greater Lansing Food Bank Lansing, MI | To expand access to nutritious food and provide essential assitance to low income individuals | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,129,173,408 | $177,489,649 | $69,496,099 | $5,020,000 | 3 | $10,181,207 |
| 2023 | $1,029,416,440 | $64,543,625 | $57,206,143 | $48,535 | 3 | $4,719,582 |
| 2022 | $986,262,376 | $51,596,579 | $43,349,555 | $10,000 | 1 | $2,769,083 |
| 2021 | $943,734,939 | $46,684,897 | $37,007,507 | — | — | $1,255,284 |
| 2020 | $848,413,090 | $44,633,555 | $37,978,336 | $10,458 | 1 | $1,389,581 |
About Lafcu
Based on IRS filings
Lafcu is a public charity, based in Lansing, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1B in total assets. In 2024, it awarded 3 grants totaling $5.0M. Net investment income was $10.2M.
Leadership & Key People
Officers and directors from IRS filings
Lafcu is led by Patrick Spyke, CEO on every filing since 2020; 9 of 16 officers listed in 2024 are compensated.
Officers on the 2024 filing
Patrick Spyke
CEO
On filings since 2020
40 hrs/week
$385K (2020) → $1.4M (2024)
Randy Freeman
Bod President
Board Member → Bod President, 2023
On filings since 2020
3 hrs/week
No compensation reported
Jason Smith
Chief Lending Officer
On filings since 2020
40 hrs/week
$146K (2020) → $193K (2024)
Kimberly Austin
Executive Implementation Officer
Director Collections → Director of Collections, 2023
Director of Collections → Executive Implementation Officer, 2024
On filings since 2020
40 hrs/week
$119K (2020) → $141K (2024)
Emily Jannereth
Chief Technology Officer
On filings since 2021
40 hrs/week
$142K (2021) → $199K (2024)
Kelli Ellsworth-Etchison
Chief Marketing Officer & Chief
Chief Marketing Officer & Chief Diversity Officer → Chief Marketing Officer & Chief, 2022
On filings since 2021
40 hrs/week
$166K (2021) → $264K (2024)
Robyn Howell
Senior Vice President & COO
Chief Human Resource Officer → Senior Vice President & COO, 2023
On filings since 2021
40 hrs/week
$130K (2021) → $273K (2024)
Leslie Rorie
CFO
On filings since 2023
40 hrs/week
$165K (2023) → $191K (2024)
Amy Adam
Vice President of Cards
New on the 2024 filing
40 hrs/week
$147K (2024)
Stephen Schmitt
Corporate Strategist
New on the 2024 filing
40 hrs/week
$145K (2024)
Jere Auvenshine
Bod Member
Board Member → Bod Member, 2023
On filings since 2020
3 hrs/week
No compensation reported
Melvin Place
Bod Vice President
Board Vice President → Bod Vice President, 2023
On filings since 2020
3 hrs/week
No compensation reported
Paulette Warren
Bod Member
Board Member → Bod Member, 2023
On filings since 2020
3 hrs/week
No compensation reported
Tom Culpepper
Bod Secretary
Board Secretary → Bod Secretary, 2023
On filings since 2020
3 hrs/week
No compensation reported
Tom Martinson
Bod Treasurer
Board Treasurer → Bod Treasurer, 2023
On filings since 2020
3 hrs/week
No compensation reported
Melvin Coleman
Bod Member
On filings since 2023
3 hrs/week
No compensation reported
Former officers (7)
- Former: Angela Ruzinsky (2020–2023) — Chief Membership Officer
- Former: Harold Foster (2020–2023) — Bod President
- Former: Ahmed Issawi (2022–2023) — It Manager
- Former: James McHale (2020–2022) — Chief Financial Officer
- Former: Brian Wixson (2020) — CIO
- Former: Kelli Etchison (2020) — Chief Marketing Officer
- Former: Tamela McPherson (2020) — Chief Financial Officer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $1.4M, to Patrick Spyke (CEO). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Lafcu
How much does Lafcu give each year?
Lafcu gave $5.0M across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $49K across 3 grants.
What is Lafcu's typical grant size?
Lafcu's median grant in 2024 was $10,000, and its average grant was $1,673,333, across 3 grants on its 2024 IRS Form 990.
Where does Lafcu give grants?
Lafcu gives mostly in Michigan: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Lansing, MI (3 grants).
Does Lafcu give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Lafcu's 2024 IRS Form 990 were described as general or operating support.
How large is Lafcu?
Lafcu reported $1.1B in total assets on its 2024 IRS Form 990. Its revenue that year was $177.5M.
What is Lafcu's EIN?
Lafcu's EIN (Employer Identification Number) is 38-0893210. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 3, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 29, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Lafcu's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Michigan
A Better Michigan Tomorrow
Lansing, MI
A Better Michigan Tomorrow is a nonprofit organization with a mission to increase awareness on issues like violent crime, mental health, and public corruption. The organization aims to provide the citizens of Michigan with an understanding of how governmental actions and policy initiatives impact economic competitiveness, fundamental rights, and their overall well-being.
Assets
—
Grants
7
Total Given
$95K
Tweddle Foundation
Detroit, MI
Assets
$9.8M
Grants
9
Total Given
$290K
The Thelen Family Foundation
Bay City, MI
The Thelen Family Foundation supports charitable and learning activities, including churches, schools, a rescue mission, and community organizations, with 2025 grants ranging from $500 to $5,000 and a median of $2,000. Its reported 2025 grants all went to Michigan recipients. The foundation says it funds preselected organizations and does not accept unsolicited requests; its website also offers a form for nonprofits to submit information for board consideration for matching funds.
Assets
$532K
Grants
15
Total Given
$26K
Zenkel Foundation
West Harrison, NY
The Zenkel Foundation supports charitable organizations, with recent grants for education, arts, cancer research, religious organizations, and philanthropy. In 2024, it gave $500 to $50,000 per grant, with a median of $4,540, and directed the largest shares to recipients in New York, Michigan, Massachusetts, New Hampshire, and Pennsylvania. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$4.3M
Grants
23
Total Given
$229K
Wallace & Irene Bronner Family
Frankenmuth, MI
The foundation’s grants support a range of organizations, including churches, humanitarian and relief groups, food assistance, legal advocacy, military services, and museums; 68% of its 2024 grant dollars went to Michigan recipients, with grants also reaching other states. It awarded $50–$80,000, with a median of $1,000. Its filing lists a letter as the application form and materials; it does not state whether unsolicited requests are accepted.
Assets
$9.9M
Grants
258
Total Given
$706K
WK Kellogg Foundation
Battle Creek, MI
The W.K. Kellogg Foundation funds work to help children, families, and communities thrive, including early education, health equity, food systems, family economic well-being, and racial equity. In 2025, its grants ranged from $50 to nearly $5 million, with a median of $100,000; it funds across the United States, with long-term commitments in several states and communities, as well as parts of Mexico and Haiti. It accepts unsolicited proposals online at any time.
Assets
$481.0M
Grants
1,818
Total Given
$303.9M
More similar funders
More Funders in Michigan
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Lafcu down — hundreds of funders to go?