Michigan Credit Union Foundation

Public charity · Grantmaker Royal Oak, MI EIN: 38-6066911

Cooperatively empowering credit unions to increase financial well-being by supporting community enrichment, financial education, and credit union development initiatives

Key facts about Michigan Credit Union Foundation

In short: Michigan Credit Union Foundation gave $85K across 5 grants in 2024 (avg $17K), mostly in Michigan. Source: 2024 IRS Form 990.

EIN
38-6066911
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$85,241
Grants made (2024)
5
Average grant
$17,048
Median grant
$15,000
Total assets
$1,366,786
Primary geography
Michigan (77% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$1.4M

+6.4% YoY

Annual Giving

$85K

-33.5% YoY

Grant Count

5

-44.4% YoY

Avg Grant Size

$17K

+19.7% YoY

How Michigan Credit Union Foundation gives

  • Giving fell 23% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Michigan Credit Union Foundation

Based on IRS filings

Michigan Credit Union Foundation is a public charity focused on public and societal benefit, based in Royal Oak, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $85K. Net investment income was $65K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

MilwaukeeHarahanLansingPalatineMidlandSterling HeightsJacksonPlymouthSaginawTraverse CityBerrien SpringsBrownstown TownshipBurtonCascoClinton TownshipEast LansingFrankenmuthGrand BlancLakeviewMadison

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K19 grants2020 11 grants2021 13 grants2022 9 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $85K (2024) to $188K (2020). In 2024 it made 5 grants totaling $85K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Metro West Chapter of Credit Unions: $25KMetro West Chapter of CreditUnions$25KUnited Way of Northern New Jersey: $20KUnited Way of Northern NewJersey$20KElga Credit Union: $15KElga Credit Union$15KMembers First Credit Union: $15KMembers First Credit Union$15KPublic Service Credit Union: $10KPublic Service Credit Union$10K

The largest 2024 recipient was Metro West Chapter of Credit Unions ($25K). Together the top 5 received $85K.

Grant Size Distribution

57 grants across all recorded years

57<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 57 grants of 57 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Metro West Chapter of Credit Unions Royal Oak, MIYoung Cu Professional Development Support$25,241
United Way of Northern New Jersey Morristown, NJCommunity Enrichment Grants$20,000
Elga Credit Union Grand Blanc, MICommunity Enrichment Grants$15,000
Members First Credit Union Midland, MICommunity Enrichment Grants$15,000
Public Service Credit Union Romulus, MICommunity Enrichment Grants$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,366,786$1,284,050$1,096,082
Revenue$396,924$432,747$347,118
Expenses$312,316$241,548$232,516
Net Investment Income$65,069$53,027$15,894

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS April 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 24, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 16, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Michigan Credit Union Foundation is led by Kyle Gurzynski, President on every filing since 2020; none of the 13 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kyle Gurzynski

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Andrea Tucker

    Executive Director

    Foundation Specialist → Executive Director, 2024

    On filings since 2023

    30 hrs/week

    No compensation reported

  • Brenda Lippens

    Director

    Trustee → Director, 2023

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Debi Southworth

    Director

    Trustee → Director, 2023

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Kieran Marion

    Director

    Trustee → Director, 2023

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Bridget Staffileno

    Director

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Jennifer Martines

    Director

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Jennifer Watson

    Director

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Deleanna Allen

    Director

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Kate Hall

    Director

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Beth Troost

    Foundation Project Manager

    Executive Director → Foundation Project Manager, 2024

    On filings since 2020

    30 hrs/week

    No compensation reported

  • Chrissy Siders

    Secretary & Treasurer

    Trustee → Secretary & Treasurer, 2022

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Dave Brandt

    Vice President

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (5)
  • Former: Casey Clark (2022–2023) — Director
  • Former: Tansley Stearns (2023) — Director
  • Former: Eric Esser (2020–2022) — Trustee
  • Former: Candy Keene (2020–2021) — Trustee
  • Former: Renee L. Werth (2020–2021) — Secretary & Treasurer

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.

Frequently asked questions about Michigan Credit Union Foundation

How much does Michigan Credit Union Foundation give each year?

Michigan Credit Union Foundation gave $85K across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $128K across 9 grants.

What is Michigan Credit Union Foundation's typical grant size?

Michigan Credit Union Foundation's median grant in 2024 was $15,000, and its average grant was $17,048, across 5 grants on its 2024 IRS Form 990.

Where does Michigan Credit Union Foundation give grants?

Michigan Credit Union Foundation gives mostly in Michigan: 77% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was New Jersey (23%).

Does Michigan Credit Union Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Michigan Credit Union Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Community Enrichment Grants" (4 grants).

Who are Michigan Credit Union Foundation's largest grantees?

Michigan Credit Union Foundation's largest 2024 grantees include Metro West Chapter of Credit Unions ($25,241), United Way of Northern New Jersey ($20,000) and Elga Credit Union ($15,000), according to its 2024 IRS Form 990. Together they received 71% of its itemized 2024 grant dollars.

How large is Michigan Credit Union Foundation?

Michigan Credit Union Foundation reported $1.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $397K.

What is Michigan Credit Union Foundation?

Michigan Credit Union Foundation is a public charity focused on public and societal benefit, based in Royal Oak, MI. It holds $1.4M in total assets as of 2024.

What is Michigan Credit Union Foundation's EIN?

Michigan Credit Union Foundation's EIN (Employer Identification Number) is 38-6066911. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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