Metro Credit Union Foundation Inc
Metro Credit Union Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHELSEA, MA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it awarded 1 grants totaling $103K. Net investment income was $10.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4K
-54.6% YoY
Annual Giving
$103K
-1.9% YoY
Grant Count
1
-91.7% YoY
Avg Grant Size
$103K
+1077.1% YoY
Under IRS private-foundation payout rules, Metro Credit Union Foundation Inc reported a distributable amount of $392 for 2024 — the minimum it must pay out in qualifying distributions.
About Metro Credit Union Foundation Inc
Based on IRS filings
Metro Credit Union Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHELSEA, MA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it awarded 1 grants totaling $103K. Net investment income was $10.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $3,810 | $8,398 |
| Revenue | $106,110 | $130,020 |
| Expenses | $110,698 | $121,622 |
| Qualifying Distributions | $110,698 | $121,622 |
| Net Investment Income | $10 | $20 |
| Distributable Amount | $392 | $535 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Grants & Contributions Paid ($103,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Grants & Contributions Paid CHELSEA, MA | EXEMPT PURPOSE | $103,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert Cashman | President/Director | 1 | — |
| Charlene Bauer | Vice President/Director | 1 | — |
| Marie O'Neill Ended 532024 | Secretary/Director | 1 | — |
| Lawrence Stanford | Treasurer/Director | 1 | — |
| Monica Santos As of 6242024 | Clerk/Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Metro Credit Union Foundation Inc?
Metro Credit Union Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHELSEA, MA. It holds $4K in total assets as of 2024.
How large is Metro Credit Union Foundation Inc?
As of 2024, Metro Credit Union Foundation Inc holds $4K in total assets with $106K in annual revenue. It awarded 1 grants totaling $103K in 2024.
Where does Metro Credit Union Foundation Inc operate?
Metro Credit Union Foundation Inc has awarded grants in Massachusetts.
What size grants does Metro Credit Union Foundation Inc award?
In 2024, Metro Credit Union Foundation Inc awarded 1 grants totaling $103K — an average of about $103K per grant, based on its IRS Form 990 filings.
How much is Metro Credit Union Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Metro Credit Union Foundation Inc reported a distributable amount of $392 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2023–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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