Minnco Credit Union Foundation Inc
Minnco Credit Union Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH BRANCH, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49K in total assets. In 2024, it awarded 14 grants totaling $55K. Net investment income was $35.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$49K
+16.8% YoY
Annual Giving
$55K
-6.2% YoY
Grant Count
14
-30.0% YoY
Avg Grant Size
$4K
+34.0% YoY
Under IRS private-foundation payout rules, Minnco Credit Union Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Minnco Credit Union Foundation Inc
Based on IRS filings
Minnco Credit Union Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH BRANCH, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49K in total assets. In 2024, it awarded 14 grants totaling $55K. Net investment income was $35.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $49,455 | $42,349 | $33,666 |
| Revenue | $71,923 | $71,965 | $70,154 |
| Expenses | $64,817 | $63,282 | $70,448 |
| Qualifying Distributions | $63,520 | $62,343 | $69,453 |
| Net Investment Income | $35 | $31 | $24 |
| Distributable Amount | $2,857 | $2,571 | $1,607 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Childrens Miracle ($36,374), Banzai ($6,375), New Pathways Shelter an ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ISANTI CTY BEYOND THE Y CAMBRIDGE, MN | COMMUNITY ASST | $1,000 |
| NACE FOOD SHELF CEDAR, MN | COMMUNITY ASST | $1,000 |
| NEW PATHWAYS SHELTER AN CAMBRIDGE, MN | COMMUNITY ASST | $1,500 |
| FAMILY PATHWAYS NORTH BRANCH, MN | COMMUNITY ASST | $1,500 |
| PASSING THE BREAD ZIMMERMAN, MN | COMMUNITY ASST | $750 |
| BIG LAKE FOOD SHELF BIG LAKE, MN | COMMUNITY ASST | $1,500 |
| BANZAI PROVO, UT | COMMUNITY ASST | $6,375 |
| CHILDRENS MIRACLE SAINT PAUL, MN | COMMUNITY ASST | $36,374 |
| HOPE 4 YOUTH MINNEAPOLIS, MN | COMMUNITY ASST | $1,000 |
| BOOKS FOR BETTER MN NORTH BRANCH, MN | COMMUNITY ASST | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN WENDLAND | PRESIDENT | 4 | — |
| CHRIS WESTER | SECRETARY | 2 | — |
| CHRISTINE DUFFY | TREASURER | 2 | — |
| DOUG HALLSTROM | MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Minnco Credit Union Foundation Inc?
Minnco Credit Union Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH BRANCH, MN. It holds $49K in total assets as of 2024.
How large is Minnco Credit Union Foundation Inc?
As of 2024, Minnco Credit Union Foundation Inc holds $49K in total assets with $72K in annual revenue. It awarded 14 grants totaling $55K in 2024.
Where does Minnco Credit Union Foundation Inc operate?
Minnco Credit Union Foundation Inc has awarded grants in Minnesota, Utah.
What size grants does Minnco Credit Union Foundation Inc award?
In 2024, Minnco Credit Union Foundation Inc awarded 14 grants totaling $55K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Minnco Credit Union Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Minnco Credit Union Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Minnco Credit Union Foundation Inc's EIN?
Minnco Credit Union Foundation Inc's EIN (Employer Identification Number) is 81-5299610. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Minnco Credit Union Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.