National Credit Union Foundation
The National Credit Union Foundation is the charitable arm of the U.S. credit union movement, headquartered in Madison, Wisconsin. Established in 1980 as the CUNA Foundation and renamed to its current name in 1991, the Foundation operates as a 501(c)(3) nonprofit organization with tax-exempt status since July 1981. The organization serves as a catalyst to improve people's financial lives through credit unions by providing grants, education, and programs that strengthen financial well-being for communities and credit union members.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.0M
-2.1% YoY
Annual Giving
$505K
+27.6% YoY
Grant Count
20
+0.0% YoY
Avg Grant Size
$25K
+27.6% YoY
Mission & Focus Areas
The Foundation's mission is to serve as a catalyst to improve people's financial lives through credit unions. The organization strengthens financial well-being, ignites passion and knowledge about the credit union difference, and unites resources to help credit union people during disaster.
Primary program areas include:
Financial Well-Being and Grantmaking: The Foundation funds efforts by credit unions and other nonprofit organizations to measure and improve financial health and well-being. Through impact-driven grantmaking, convenings, and conferences, the Foundation provides tools and case studies to help credit unions measure financial well-being and build sustainable programs.
Disaster Relief: Through the National Credit Union Foundation's disaster relief fund and CUAID initiative, the Foundation responds quickly when disasters strike by harnessing the collective generosity of credit unions, individuals, and other stakeholders. CUAID raises donations to support credit union employees and volunteers impacted by disasters. The Foundation coordinates with state foundation and league partners within affected geographic areas to assess and respond to needs.
Financial Education: The Foundation supports financial education initiatives, including programs like Biz Kids.
Grantmaking
The Foundation actively awards grants to credit unions and nonprofit organizations. Recent grant activity includes awards to credit unions across the United States for programs empowering foster youth and financial education initiatives. The Foundation has approved grants for Biz Kids financial education programs and foster youth education grants, with application deadlines announced for specific funding cycles.
Review Cycle
announced for specific funding cycles.
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Geographic Focus
Where this funder awards grants
The Foundation operates nationally, funding credit unions and organizations across the United States. Disaster relief efforts are coordinated through state foundation and league partners within affected geographic areas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total Assets: $14,965,069
- Total Revenues: $5,735,067
- Total Expenses: $6,280,352
2023 Financial Data:
- Total Assets: $15,288,100
- Total Revenues: $6,177,900
- Total Expenses: $4,630,000
- Total Liabilities: $1,510,000
- Total Giving: $602,890
The Foundation maintains a strong financial position and holds an accreditation seal from the Better Business Bureau as an "Accredited Charity" for meeting all 20 BBB Wise Giving Alliance Standards for national charities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,965,069 | $15,288,100 | $12,602,640 |
| Revenue | $5,735,067 | $6,177,944 | $6,469,151 |
| Expenses | $6,280,352 | $4,626,975 | $4,383,719 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $828,237 | $583,008 | $217,789 |
| 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 10 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Open Grants
3 open opportunities from National Credit Union Foundation
FinHealth Fund
NATIONAL CREDIT UNION FOUNDATION
Amount
$10 million goal over five years (designated fund - accepting contributions)
Deadline
Rolling / Open
Herb Wegner Memorial Awards
NATIONAL CREDIT UNION FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Know Your Membership Grant Program (Attune & Coopera Diversity and Financial Health Grant)
NATIONAL CREDIT UNION FOUNDATION
Amount
$100,000 total (split among multiple recipients)
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The Foundation employs 16 staff members and is led by key personnel including:
- Lois Kitsch: National Program Director
- Wendell Sebastian (listed in executive capacity)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN SACKETT | CHAIR | 1 | — |
| TERESA CAMPBELL | IMMEDIATE PAST CHAIR | 1 | — |
| JENNY VIPPERMAN | VICE CHAIR | 1 | — |
| ROBERT CASHMAN | TREASURER | 1 | — |
| CHRISTINE CORDELL | SECRETARY | 1 | — |
| CARMA PARRISH | DIRECTOR | 1 | — |
| CREIGHTON BLACKWELL | DIRECTOR | 1 | — |
| DAVID BIRKY | DIRECTOR | 1 | — |
| DAVID SWEITZER | DIRECTOR | 1 | — |
| DEAN YOUNG | DIRECTOR | 1 | — |
| DEBBIE SMITH | DIRECTOR | 1 | — |
| ENRIQUE DELGADILLO | DIRECTOR (TERM 12/2024) | 1 | — |
| GREG GALLANT | DIRECTOR (STARTED 05/2024) | 1 | — |
| JUAN FERNANDEZ | DIRECTOR | 1 | — |
| MELANIE KENNEDY | DIRECTOR (STARTED 03/2024) | 1 | — |
| MELANIE MURPHY | DIRECTOR | 1 | — |
| NADER MOGHADDAM | DIRECTOR | 1 | — |
| CHRISTIANE G HYLAND | EXECUTIVE DIRECTOR (TERM 12/2024) | 40 | $522,346 |
| ANDRE T PARRAWAY | CHIEF FINANCIAL & OPERATION | 40 | $298,026 |
| LAUREN E CULP | EXECUTIVE DIRECTOR (AS OF 12/2024) | 40 | $22,173 |
| JIM NUSSLE | PRESIDENT | 1 | — |
| DANIELLE BROWN | CHIEF ENGAGEMENT DIRECTOR | 40 | $228,688 |
| TOBI WEINGART | CHIEF PROGRAMS OFFICER | 40 | $189,941 |
| JENNI SPETH | DIRECTOR, ENGAGEMENT | 40 | $111,278 |
| TRACI O'NEILL | EXECUTIVE ASSISTANT | 40 | $111,366 |
Recent News & Activity
Recent developments and announcements
The Foundation has announced recent grant awards and initiatives:
**2026 Herb Wegner Memorial Award Winners:** The Foundation announced recipients of this prestigious award recognizing excellence in the credit union movement.
National Credit Union Foundation Foundation Announces 2026 Herb Wegner Memorial**Foster Youth Education Grants:** Credit unions across the United States have been awarded grant funds to empower foster youth, with applications accepted through August 20.
Credit Unions across United States Awarded Grant Funds to ...**Biz Kids Financial Education Grants:** The Foundation approved 16 grants for Biz Kids financial education programs.
National Credit Union Foundation approves 16 Biz Kid$ financial education**Individual Credit Union Recognition:** Dover-Phila Federal Credit Union won a prestigious national grant from the Foundation.
National Credit Union Foundation Foundation Announces 2026 Herb Wegner MemorialContact Information
- Address: 4703 Madison Yards Way, Suite 300, Madison, WI 53705-2930
- Phone: 608-231-5771 or 800-356-9655
- Website: www.ncuf.coop
- Federal Tax ID: 39-1383650
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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