Mutual Credit Union Foundation
Mutual Credit Union Foundation is a private foundation based in Vicksburg, Mississippi. Its filing type is Form 990-PF (a private foundation). In 2025, it reported 25 grants totaling $45,750 to recipients in Mississippi and Georgia, as well as scholarships to individual recipients.
Mutual Credit Union Foundation at a glance
In short: Mutual Credit Union Foundation gave $46K across 25 grants in 2025 (avg $2K), mostly in Mississippi. 54% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $45,750
- +20.8% vs 2024
- Grants made (2025)
- 25
- +19.0% vs 2024
- Average grant
- $1,830
- +1.4% vs 2024
- Median grant
- $1,399
- Total assets
- $22,354
- -6.8% vs 2024
- New grantees (estimate)
- 54% first-time grantees (7 of 13, 2025; small sample)
- Primary geography
- Mississippi (95% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Mutual Credit Union Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1604 Cherry Street, Vicksburg, MS 39180
Phone: (601) 636-7523
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Mutual Credit Union Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Good Shepherd ($5K). Together the top 10 received $24K.
Organizations only. It also paid 12 individual scholarships ($18,394), which are not listed by name.
Grant Size Distribution
68 grants across all recorded years
The most common grant size was under $50K: 68 grants of 68 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 95% of grant dollars went to recipients in Mississippi and 5% to recipients in Georgia.
Grant Distribution by State
Share of 2025 grant dollars across all 25 itemized grants.
States
Cities
Is Mutual Credit Union Foundation open to new grantees?
54%
first-time grantees, 2025
In 2025, 7 of 13 grantees (54%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $2K; repeat grants $2K. How we count
Medians: $2K first-time, $2K repeat.
- 38% of 2025 grantees were also funded in 2024. Method
- Giving grew 266% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $13K (2022) to $46K (2025). In 2025 it made 25 grants totaling $46K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Good Shepherd Vicksburg, MS | Contribution | $5,000 |
| Frank P Phllips Memorial YMCA Colum Columbus, MS | Contribution | $3,230 |
| United Way of West Central MS Vicksburg, MS | Contribution to the Rolling Fork Relief Efforts | $3,126 |
| Vicksburg Family Development Vicksburg, MS | Donation | $3,000 |
| 12 individual scholarships Recipients not named | — | $18,394 |
| SimplyDop3 Xperience Corp Alpharetta, GA | Contribution | $2,500 |
| Hope Alight Grenada, MS | Donation to purchase emergency kits fire safety kits and personal care packages. | $2,000 |
| Hope Extended Brookhaven, MS | Contribution | $2,000 |
| Drive to Thrive Vicksburg, MS | Contribution | $1,500 |
| First Baptist Church of Raymond Raymond, MS | Donation for food pantry | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $22,354 | $45,941 | $47,563 | $45,750 | 25 | $45,750 | $942 |
| 2024 | $23,976 | $38,741 | $39,780 | $37,884 | 21 | $37,884 | $823 |
| 2023 | $25,015 | $26,775 | $27,070 | $25,287 | 11 | $25,287 | $1,052 |
| 2022 | $25,310 | $19,577 | $12,670 | $12,500 | 11 | $12,500 | $1,222 |
| 2021 | $18,403 | $23,452 | $5,049 | — | — | $5,049 | $417 |
Under IRS private-foundation payout rules, Mutual Credit Union Foundation reported a distributable amount of $942 for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included contributions and donations to charitable organizations and scholarships to individual recipients. Among the grantees, United Way of West Central Mississippi describes its mission as raising and allocating funds for health and human services. Hope Extended says it provides basic needs—including medical care, food, housing, and education—to underprivileged children. We Will Go describes work in education assistance, food and hygiene supplies, and job training, centered on evangelism. Storehouse Community Food Pantry says it provides temporary food assistance to people experiencing food insecurity in Vicksburg and Warren County.
Grantmaking
In 2025, the foundation made 25 grants totaling $45,750. Grants ranged from $1,000 to $5,000, with a median of $1,399. Larger grants included $5,000 to Good Shepherd in Vicksburg; $3,230 to Frank P Phllips Memorial YMCA Colum in Columbus; $3,126 to United Way of West Central Mississippi in Vicksburg for Rolling Fork relief efforts; and $3,000 to Vicksburg Family Development. The foundation also awarded scholarships to individual recipients.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Clara Kilman as Chairwoman, Jennifer Lynne McMillin as Treasurer, and Matt Hendrix as a Board Member.
Mutual Credit Union Foundation is led by Clara Kilman, Chairwoman since 2023 (on filings since 2021); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Clara Kilman
Chairwoman
Secretary → Chairwoman, 2023
On filings since 2021
2 hrs/week
No compensation reported
Jennifer Lynne McMillin
Treasurer
On filings since 2021
2 hrs/week
No compensation reported
Matt Hendrix
Board Member
New on the 2025 filing
2 hrs/week
No compensation reported
Former officers (4)
- Former: Esther Butler (2021–2024) — Board Member
- Former: Alicia Bounds (2023–2024) — Board Member
- Former: Ashley Sampley (2023–2024) — Secretary
- Former: Leonard Murrell (2021–2022) — Chairman
Data from IRS Form 990 filings, 2021–2025. "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 Mutual Credit Union Foundation
How much does Mutual Credit Union Foundation give each year?
Mutual Credit Union Foundation gave $46K across 25 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $38K across 21 grants.
What is Mutual Credit Union Foundation's typical grant size?
Mutual Credit Union Foundation's median grant in 2025 was $1,399, and its average grant was $1,830, across 25 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Mutual Credit Union Foundation that year got $2K on average.
Where does Mutual Credit Union Foundation give grants?
Mutual Credit Union Foundation gives mostly in Mississippi: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Georgia (5%). The most frequent recipient cities were Vicksburg, MS (5 grants) and Columbus, MS (2 grants).
Does Mutual Credit Union Foundation give general operating support?
Not in 2025: none of the 25 grants with a stated purpose on Mutual Credit Union Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (11 grants) and "Contribution" (7 grants).
Who are Mutual Credit Union Foundation's largest grantees?
Mutual Credit Union Foundation's largest 2025 grantees include Good Shepherd ($5,000), Frank P Phllips Memorial YMCA Colum ($3,230) and United Way of West Central MS ($3,126), according to its 2025 IRS Form 990-PF. It also paid 12 individual scholarships ($18,394), which are not listed by name. Together they received 25% of its itemized 2025 grant dollars.
How large is Mutual Credit Union Foundation?
Mutual Credit Union Foundation reported $22K in total assets on its 2025 IRS Form 990-PF. It paid out $46K in qualifying distributions that year, against a required minimum of $942 (roughly 5% of its investment assets).
What does Mutual Credit Union Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included contributions and donations to charitable organizations and scholarships to individual recipients. See mission & focus areas ↑
How do I apply for a grant from Mutual Credit Union Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2021–2025.
Does Mutual Credit Union Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 30, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 23, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 19, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Mutual Credit Union Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Mutual Credit Union Foundation's focus areas in our free grants database
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Figures come from Mutual Credit Union Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Mutual Credit Union Foundation down — hundreds of funders to go?