Mutual Credit Union Foundation
Mutual Credit Union Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VICKSBURG, MS. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $24K in total assets. In 2024, it awarded 21 grants totaling $38K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24K
-4.2% YoY
Annual Giving
$38K
+49.8% YoY
Grant Count
21
+90.9% YoY
Avg Grant Size
$2K
-21.5% YoY
Under IRS private-foundation payout rules, Mutual Credit Union Foundation reported a distributable amount of $823 for 2024 — the minimum it must pay out in qualifying distributions.
About Mutual Credit Union Foundation
Based on IRS filings
Mutual Credit Union Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VICKSBURG, MS. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $24K in total assets. In 2024, it awarded 21 grants totaling $38K.
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 | 2022 |
|---|---|---|---|
| Total Assets | $23,976 | $25,015 | $25,310 |
| Revenue | $38,741 | $26,775 | $19,577 |
| Expenses | $39,780 | $27,070 | $12,670 |
| Qualifying Distributions | $37,884 | $25,287 | $12,500 |
| Net Investment Income | — | — | — |
| Distributable Amount | $823 | $1,052 | $1,222 |
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
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Jacqueline House African American Museum ($5,000), Beau Davis ($3,000), Junior Auxiliary of Clinton ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Hope Alight Grenada, MS | Donation to purchase emergency kits fire safety kits and personal care packages. | $2,000 |
| Junior Auxiliary of Clinton Clinton, MS | Contribution to the Angel Tree | $2,500 |
| SimplyDop3 Xperience Corp Alpharetta, GA | Contribution | $2,500 |
| The Jacqueline House African American Museum Vicksburg, MS | Contribution to restore building and build handicap ramp | $5,000 |
| Manna House Yazoo City, MS | Contribution to the food pantry | $1,000 |
| United Way of Lowndes and Noxubee Columbus, MS | Contribution to food pantry | $1,000 |
| Oxford Food Pantry Oxford, MS | Funds to purchase food | $1,000 |
| First Baptist Church of Raymond Raymond, MS | Donation for food pantry | $1,000 |
| Sarah Beth Johnston Vicksburg, MS | Scholarship | $1,500 |
| Beau Davis Vicksburg, MS | Scholarship | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jennifer Lynne McMillin | Treasurer | 2 | — |
| Clara Kilman | Chairwoman | 2 | — |
| Esther Butler | Board Member | 2 | — |
| Ashley Sampley | Secretary | 2 | — |
| Alicia Bounds | Board Member | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mutual Credit Union Foundation?
Mutual Credit Union Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VICKSBURG, MS. It holds $24K in total assets as of 2024.
How large is Mutual Credit Union Foundation?
As of 2024, Mutual Credit Union Foundation holds $24K in total assets with $39K in annual revenue. It awarded 21 grants totaling $38K in 2024.
Where does Mutual Credit Union Foundation operate?
Mutual Credit Union Foundation has awarded grants in Georgia, Mississippi.
What size grants does Mutual Credit Union Foundation award?
In 2024, Mutual Credit Union Foundation awarded 21 grants totaling $38K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Mutual Credit Union Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mutual Credit Union Foundation reported a distributable amount of $823 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mutual Credit Union Foundation's EIN?
Mutual Credit Union Foundation's EIN (Employer Identification Number) is 86-3714684. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Mutual 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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