Scient Credit Union Foundation Inc is a private foundation focused on Education, based in GROTON, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $57.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$53K
-11.9% YoY
Annual Giving
$8K
+33.3% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$2K
+0.0% YoY
Under IRS private-foundation payout rules, Scient Credit Union Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Scient Credit Union Foundation Inc
Based on IRS filings
Scient Credit Union Foundation Inc is a private foundation focused on Education, based in GROTON, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $57.
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 | $52,726 | $59,816 | $65,289 |
| Revenue | $1,511 | $1,103 | $2,103 |
| Expenses | $8,601 | $6,576 | $6,551 |
| Qualifying Distributions | $8,600 | $6,575 | $6,550 |
| Net Investment Income | $57 | $61 | $67 |
| Distributable Amount | $2,770 | $3,080 | $3,304 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Isaiah Jackson ($2,000), Louis Dhervilly ($2,000), Annabelle Schafer ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ISAIAH JACKSON NEW HAVEN, CT | HIGHER EDUCATION ASSISTANCE | $2,000 |
| LOUIS DHERVILLY WATERFORD, CT | HIGHER EDUCATION ASSISTANCE | $2,000 |
| ANNABELLE SCHAFER MYSTIC, CT | HIGHER EDUCATION ASSISTANCE | $2,000 |
| AVERY WIDLICKA LEDYARD, CT | HIGHER EDUCATION ASSISTANCE | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CINDY LAFLAMME | SECRETARY | 1 | — |
| DEBORAH HARRIS | PRESIDENT | 1 | — |
| IRVINE HAGEWOOD | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Scient Credit Union Foundation Inc?
Scient Credit Union Foundation Inc is a private foundation focused on Education, based in GROTON, CT. It holds $53K in total assets as of 2024.
How large is Scient Credit Union Foundation Inc?
As of 2024, Scient Credit Union Foundation Inc holds $53K in total assets with $2K in annual revenue. It awarded 4 grants totaling $8K in 2024.
Where does Scient Credit Union Foundation Inc operate?
Scient Credit Union Foundation Inc has awarded grants in Connecticut.
What size grants does Scient Credit Union Foundation Inc award?
In 2024, Scient Credit Union Foundation Inc awarded 4 grants totaling $8K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Scient Credit Union Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Scient Credit Union Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Scient Credit Union Foundation Inc's EIN?
Scient Credit Union Foundation Inc's EIN (Employer Identification Number) is 27-1578140. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Scient Credit Union Foundation Inc'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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