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
Ready to take the next step with Minnesota Credit Union Foundation?
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
No grants recorded for .
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Minnesota Credit Union Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities