Minnesota Credit Union Foundation
TO PROMOTE THE DEVELOPMENT OF CHALLENGED CREDIT UNIONS IN MINNESOTA & THEIR COMMUNITIES THROUGH ASSISTANCE AND EDUCATION, AND TO SUPPORT THE GREATER SOCIAL MISSION OF THE CREDIT UNION MOVEMENT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$507K
-52.6% YoY
Annual Giving
$921K
+441.3% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$307K
+80.4% YoY
About Minnesota Credit Union Foundation
Based on IRS filings
Minnesota Credit Union Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ST PAUL, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $507K in total assets. In 2024, it awarded 3 grants totaling $921K. Net investment income was $24K.
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 | $506,564 | $1,069,745 | $878,020 |
| Revenue | $448,279 | $462,196 | $607,518 |
| Expenses | $1,033,748 | $261,194 | $261,731 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $23,858 | $17,765 | $1,830 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Open Grants
4 open opportunities from Minnesota Credit Union Foundation
Financial & Audit Professional Grant
MINNESOTA CREDIT UNION FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Financial Education Grant
MINNESOTA CREDIT UNION FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Financial Inclusion Grant
MINNESOTA CREDIT UNION FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Arise Community Credit Union ($788,377), Children's Miracle Network ($127,720), North Memorial Federal Cu ($5,300).
| Recipient | Purpose | Amount |
|---|---|---|
| ARISE COMMUNITY CREDIT UNION MINNEAPOLIS, MN | FINANCIAL ASSISTANCE | $788,377 |
| CHILDREN'S MIRACLE NETWORK SALT LAKE CITY, UT | PROVIDE CARE TO KIDS | $127,720 |
| NORTH MEMORIAL FEDERAL CU ROBBINSDALE, MN | EDUCATION | $5,300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARA HUMPHREY | PRESIDENT | 0.5 | — |
| CAITLIN BRAMA | DIRECTOR | 0.5 | — |
| DOUG HALLSTROM | DIRECTOR | 0.5 | — |
| TRINA HOFF | DIRECTOR | 0.5 | — |
| MARY MATHESON | DIRECTOR | 0.5 | — |
| SUE PALEN | DIRECTOR | 0.5 | — |
| DOUG RALSTON | CHAIR | 0.5 | — |
| KAYLA REIFFENBERGER | VICE CHAIR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Minnesota Credit Union Foundation?
Minnesota Credit Union Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ST PAUL, MN. It holds $507K in total assets as of 2024.
How large is Minnesota Credit Union Foundation?
As of 2024, Minnesota Credit Union Foundation holds $507K in total assets with $448K in annual revenue. It awarded 3 grants totaling $921K in 2024.
Where does Minnesota Credit Union Foundation operate?
Minnesota Credit Union Foundation has awarded grants in Minnesota, Utah, Wisconsin.
What size grants does Minnesota Credit Union Foundation award?
In 2024, Minnesota Credit Union Foundation awarded 3 grants totaling $921K — an average of about $307K per grant, based on its IRS Form 990 filings.
What is Minnesota Credit Union Foundation's EIN?
Minnesota Credit Union Foundation's EIN (Employer Identification Number) is 04-3740017. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Minnesota Credit Union Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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