Matanuska Valley Federal Credit Union Charitable Foundation
Matanuska Valley Federal Credit Union Charitable Foundation is a private foundation, based in Palmer, AK. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $138K in total assets. In 2025, it awarded 4 grants totaling $55K. Net investment income was $895.
Key facts about Matanuska Valley Federal Credit Union Charitable Foundation
In short: Matanuska Valley Federal Credit Union Charitable Foundation gave $55K across 4 grants in 2025 (avg $14K), mostly in Alaska. Source: 2025 IRS Form 990-PF.
- EIN
- 99-4228254
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $54,900
- Grants made (2025)
- 4
- Average grant
- $13,725
- Median grant
- $9,950
- Total assets
- $137,869
- Primary geography
- Alaska (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$138K
-5.8% YoY
Annual Giving
$55K
Grant Count
4
Avg Grant Size
$14K
Under IRS private-foundation payout rules, Matanuska Valley Federal Credit Union Charitable Foundation reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
How Matanuska Valley Federal Credit Union Charitable Foundation gives
- In 2025 it paid out 738% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Matanuska Valley Federal Credit Union Charitable Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 4 grants totaling $55K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Hatcher Alpine Xperience ($30K). Together the top 4 received $55K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hatcher Alpine Xperience Palmer, AK | Support for outdoor recreation and community programs. | $30,000 |
| ME 2 WE Inc Palmer, AK | Support for community recreation and wellness programs. | $10,000 |
| Big Lake Community Council Big Lake, AK | Support for community programs and activities. | $9,900 |
| American Red Cross of Alaska Anchorage, AK | Disaster relief for communities impacted by AK storms. | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $137,869 | $146,360 | — |
| Revenue | $50,895 | $147,593 | — |
| Expenses | $59,386 | $1,233 | — |
| Qualifying Distributions | $59,386 | $1,233 | — |
| Net Investment Income | $895 | $155 | — |
| Distributable Amount | $8,050 | $1,799 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2023 (received by the IRS August 19, 2026)
- Added Form 990-PF for fiscal year 2024 (received by the IRS August 21, 2026)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 21, 2026)
Leadership & Key People
Officers and directors from IRS filings
Matanuska Valley Federal Credit Union Charitable Foundation is led by Chad Ritchie, President on the 2025 filing; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Chad Ritchie
President
New on the 2025 filing
1 hr/week
No compensation reported
Angela Hobbie
Director
On filings since 2023
1 hr/week
No compensation reported
Karen Foster
Director
On filings since 2023
1 hr/week
No compensation reported
Tia Burgess
Director
On filings since 2023
1 hr/week
No compensation reported
Brian Headdings
Director
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Craig Pavlich (2023–2024) — Director
- Former: Ed Gravley (2023–2024) — Director
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Matanuska Valley Federal Credit Union Charitable Foundation
How much does Matanuska Valley Federal Credit Union Charitable Foundation give each year?
Matanuska Valley Federal Credit Union Charitable Foundation gave $55K across 4 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Matanuska Valley Federal Credit Union Charitable Foundation's typical grant size?
Matanuska Valley Federal Credit Union Charitable Foundation's median grant in 2025 was $9,950, and its average grant was $13,725, across 4 grants on its 2025 IRS Form 990-PF.
Where does Matanuska Valley Federal Credit Union Charitable Foundation give grants?
Matanuska Valley Federal Credit Union Charitable Foundation gives mostly in Alaska: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Palmer, AK (2 grants).
Does Matanuska Valley Federal Credit Union Charitable Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Matanuska Valley Federal Credit Union Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Matanuska Valley Federal Credit Union Charitable Foundation?
Matanuska Valley Federal Credit Union Charitable Foundation reported $138K in total assets on its 2025 IRS Form 990-PF. It paid out $59K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).
What is Matanuska Valley Federal Credit Union Charitable Foundation's EIN?
Matanuska Valley Federal Credit Union Charitable Foundation's EIN (Employer Identification Number) is 99-4228254. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Matanuska Valley Federal Credit Union Charitable Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Matanuska Valley Federal Credit Union Charitable Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Alaska
Mat-Su Cabaret Hotel Restaurant and Retailers Association
Palmer, AK
Mat-su cabaret, hotel, restaurant and retailers association (CHARR) is devoted to the improvement of business conditions in the hospitality industry within the matanuska-susitna borough area. Our membership consists of restaurants, hotels, package stores, and bars.
Assets
$215K
Grants
2
Total Given
$34K
Mat-Su Trails & Parks Foundation
Palmer, AK
The Mat-Su Trails & Parks Foundation funds trail, park, and recreation-site development and improvements benefiting residents of Alaska’s Matanuska-Susitna Borough. Its 2025 grants ranged from $10,234 to $168,815, with a median of $40,989; it considers applications competitively each quarter as funding allows.
Assets
$1.5M
Grants
12
Total Given
$708K
Matanuska Electric Association Charitable Foundation
Palmer, AK
Through its Operation RoundUp program, MEA supports local organizations working in areas such as youth development, addiction services, safety, arts, health, and recreation. Grants are typically about $5,400–$10,000, with applications limited to organizations in Eagle River/Chugiak and the Mat-Su Borough; the profile describes an application process but does not state whether unsolicited requests are accepted.
Assets
$198K
Grants
22
Total Given
$189K
MTA Foundation Inc
Palmer, AK
MTA Foundation supports education, technology, workforce development, entrepreneurship, and community projects, especially large-scale efforts connecting schools, businesses, and organizations; it also offers student scholarships. Its 2025 grants ranged from $250 to $25,000, with a median of $2,000, and its main service area spans the Mat-Su Valley, Eagle River/Chugiak, Anderson, and Glacier View. It is not accepting grant applications until 2027; requests received during the pause will be considered in February 2027.
Assets
$330K
Grants
94
Total Given
$253K
Valley Hospital Association Inc DBA Mat-Su Health Foundation
Wasilla, AK
Mat-Su Health Foundation funds nonprofit and community projects that improve health and wellness and address social drivers of health for residents of Alaska’s Mat-Su Borough, including program costs, operating support, capacity building, and capital projects. Its 2024 grants had a median of $40,000, with awards ranging from $5,200 to $1,800,709; the profile does not state whether it accepts unsolicited requests.
Assets
$435.1M
Grants
127
Total Given
$21.5M
United Way Worldwide
Alexandria, VA
United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.
Assets
$68.0M
Grants
209
Total Given
$11.4M
The Alaska Community Foundation
Anchorage, AK
The Alaska Community Foundation supports Alaska nonprofits and other eligible applicants through grants for community needs, youth programs, skills development, and other charitable work, as well as scholarships. In 2024, grants ranged from $5,019 to $1,359,483, with a median of $10,750; its Vocational Fund grants $10,000–$50,000. Competitive grants generally require applicants to serve Alaska, and applications are accepted through specific grant opportunities, but the profile does not state whether unsolicited requests are accepted.
Assets
$243.9M
Grants
343
Total Given
$12.3M
Doyon Foundation
Fairbanks, AK
Doyon Foundation primarily funds scholarships, workforce development, and language revitalization for Doyon, Limited shareholders and their descendants, with a focus on Alaska Native communities; scholarship recipients may live outside Alaska. Typical itemized awards were $400–$5,500, with a $2,400 median, while specific scholarship programs offer different amounts. It accepts applications for its scholarship and language grant programs; the information provided does not state whether it accepts unsolicited requests for general grants.
Assets
$49.2M
Grants
552
Total Given
$1.3M
The Aleut Foundation
Anchorage, AK
The Aleut Foundation supports education, career development, vocational training, and cultural preservation, primarily for Aleut shareholders and descendants; nearly all reported 2025 grant dollars went to Alaska. Grants ranged from $45 to $15,000 in 2025, with a median of $1,834. It states that it does not accept unsolicited funding requests, though eligible individuals can apply through its scholarship and career-development programs.
Assets
$565K
Grants
522
Total Given
$1.3M
Arctic Education Foundation
Anchorage, AK
The Arctic Education Foundation supports scholarships, student assistance, skills training, and cultural education, primarily for eligible Iñupiat students pursuing higher education. Its 2024 awards ranged from $110 to $42,889, with a median of $5,750; 73% of grant dollars went to Alaska recipients. It accepts online scholarship applications; the profile does not state whether it accepts unsolicited requests for other funding.
Assets
$30.5M
Grants
411
Total Given
$2.9M
Rasmuson Foundation
Anchorage, AK
Rasmuson Foundation funds Alaska nonprofits, tribes, and local governments across a broad range of community needs, from small purchases to major capital and strategic projects. Grants range from $50 to $1 million, with a 2024 median of $5,000; Tier 1 awards are up to $35,000, Community Support grants up to $250,000, and Legacy grants exceed $250,000. Tier 1 applications are accepted year-round on a rolling basis; strategic grants are by invitation.
Assets
$845.4M
Grants
300
Total Given
$17.7M
Bristol Bay Foundation
Anchorage, AK
Bristol Bay Foundation funds education and cultural heritage projects, including scholarships for eligible BBNC shareholders and descendants and grants that preserve Bristol Bay’s Indigenous culture and way of life. In 2024, grants ranged from $200 to $16,000, with a median of $2,500; funding is for organizations in the Bristol Bay region or projects benefiting BBNC shareholders. It accepts unsolicited proposals through its online application process.
Assets
$40.8M
Grants
290
Total Given
$988K
More Funders in Alaska
Matanuska Valley Federal Credit Union Charitable Foundation down — hundreds of funders to go?