Metro Credit Union Foundation Inc
Metro Credit Union Foundation Inc is a private foundation, based in Chelsea, MA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $18K in total assets. In 2025, it awarded 9 grants totaling $90K.
Metro Credit Union Foundation Inc at a glance
In short: Metro Credit Union Foundation Inc gave $90K across 9 grants in 2025 (avg $10K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $90,000
- -12.6% vs 2024
- Grants made (2025)
- 9
- +800.0% vs 2024
- Average grant
- $10,000
- -90.3% vs 2024
- Median grant
- $10,000
- Total assets
- $18,416
- +383.4% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Metro Credit Union Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Allston Brighton Community Development Corp ($10K). Together the top 9 received $90K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 21 grants of 22 (95%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How Metro Credit Union Foundation Inc gives
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $90K (2025) to $105K (2023). In 2025 it made 9 grants totaling $90K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Allston Brighton Community Development Corp Brighton, MA | Exempt Purpose | $10,000 |
| Boston Medical Center Corporation Boston, MA | Exempt Purpose | $10,000 |
| About Fresh Inc Boston, MA | Exempt Purpose | $10,000 |
| Horizons for Homeless Children Inc Roxbury, MA | Exempt Purpose | $10,000 |
| Lawrence Partnership Inc Lawrence, MA | Exempt Purpose | $10,000 |
| Massachusetts Affordable Housing Alliance Inc Dorchester, MA | Exempt Purpose | $10,000 |
| North Shore Community Development Coalition Inc Salem, MA | Exempt Purpose | $10,000 |
| Urban Edge Housing Corp Roxbury, MA | Exempt Purpose | $10,000 |
| We Are ALX Inc Framingham, MA | Exempt Purpose | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $18,416 | $112,500 | $97,894 | $90,000 | 9 | $97,894 | — | $288 |
| 2024 | $3,810 | $106,110 | $110,698 | $103,000 | 1 | $110,698 | $10 | $392 |
| 2023 | $8,398 | $130,020 | $121,622 | $105,000 | 12 | $121,622 | $20 | $535 |
Under IRS private-foundation payout rules, Metro Credit Union Foundation Inc reported a distributable amount of $288 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Metro Credit Union Foundation Inc is led by Robert Cashman, President & Director on every filing since 2023; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert Cashman
President & Director
On filings since 2023
1 hr/week
No compensation reported
Charlene Bauer
Vice President & Director
On filings since 2023
1 hr/week
No compensation reported
Monica Santos
Clerk & Director
On filings since 2024
1 hr/week
No compensation reported
Diana Cordeiro
Interim CFO
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: Lawrence Stanford (2023–2025) — Treasurer & Director · Filing note: Ended 522025
- Former: Marie O'Neill (2023–2024) — Secretary & Director · Filing note: Ended 532024
- Former: Erik Porter (2023) — Treasurer & Director · Filing note: Ended 62023
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 Metro Credit Union Foundation Inc
How much does Metro Credit Union Foundation Inc give each year?
Metro Credit Union Foundation Inc gave $90K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $103K across 1 grant.
What is Metro Credit Union Foundation Inc's typical grant size?
Metro Credit Union Foundation Inc's median grant in 2025 was $10,000, and its average grant was $10,000, across 9 grants on its 2025 IRS Form 990-PF.
Where does Metro Credit Union Foundation Inc give grants?
Metro Credit Union Foundation Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (2 grants) and Roxbury, MA (2 grants).
Who are Metro Credit Union Foundation Inc's largest grantees?
Metro Credit Union Foundation Inc's largest 2025 grantees include Allston Brighton Community Development Corp ($10,000), Boston Medical Center Corporation ($10,000) and About Fresh Inc ($10,000), according to its 2025 IRS Form 990-PF. Together they received 33% of its itemized 2025 grant dollars.
How large is Metro Credit Union Foundation Inc?
Metro Credit Union Foundation Inc reported $18K in total assets on its 2025 IRS Form 990-PF. It paid out $98K in qualifying distributions that year, against a required minimum of $288 (roughly 5% of its investment assets).
What is Metro Credit Union Foundation Inc's EIN?
Metro Credit Union Foundation Inc's EIN (Employer Identification Number) is 92-2114764. 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.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2023–2024
Explore Open Grants
Browse active grant opportunities in Metro Credit Union Foundation Inc's focus areas in our free grants database
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Assets
—
Grants
123
Total Given
$903K
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