University of Wisconsin Credit Union
University of Wisconsin Credit Union (UWCU) is a Madison, Wisconsin–based public charity founded in 1931. Its community giving supports work connected to financial well-being and economic mobility, with stated priorities that include financial education, educational opportunity, stable and affordable housing, and pathways to homeownership.
University of Wisconsin Credit Union at a glance
In short: University of Wisconsin Credit Union gave $300K across 10 grants in 2024 (avg $30K), mostly in Wisconsin. 60% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $300,268
- Grants made (2024)
- 10
- Average grant
- $30,027
- Median grant
- $20,000
- Total assets
- $5,653,143,610
- +6.6% vs 2023
- New grantees (estimate)
- 60% first-time grantees (6 of 10, 2024; small sample)
- Primary geography
- Wisconsin (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to University of Wisconsin Credit Union
- How to Apply
-
UWCU invites nonprofit organizations to review its funding guidelines and submit an application. Its guidelines recommend brief, conversational responses and allow applicants to reuse information from other grant proposals.
- Review Cycle
- The 2026 grant period has concluded. UWCU says the 2027 process will start in late January.
- Deadline
- The 2026 grant period has concluded.
- Contact
Mailing address: 8033 Excelsior Dr, Madison, WI 53717
Phone: (608) 232-5000
Website: https://uwcu.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from University of Wisconsin Credit Union
Community Values Scholarship
University of Wisconsin Credit Union
Amount
$3,000 per student
Deadline
Deadline not published
UW Credit Union Fund for Racial Equity
University of Wisconsin Credit Union
Amount
$1.5 million total fund ($1 million Dane County, $500,000 Milwaukee area, plus $250,000 emergency grants)
Deadline
Deadline not published
Who University of Wisconsin Credit Union funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was United Way of Dane County ($134K). Together the top 10 received $300K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 15 grants of 23 (65%).
Geographic Focus
Where this funder awards grants
UWCU says its community activities focus on the Madison and greater Milwaukee areas. Its guidelines exclude organizations and initiatives outside its market. The 2024 itemized grants were all to Wisconsin recipients, including organizations in Madison, Middleton, and Milwaukee.
The 2020 UW Credit Union Fund for Racial Equity was a separate initiative with United Way partners. UWCU announced a $1.5 million investment for work in Dane, Milwaukee, Waukesha, Ozaukee, and/or Washington counties.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
States
Cities
Is University of Wisconsin Credit Union open to new grantees?
60%
first-time grantees, 2024
In 2024, 6 of 10 grantees (60%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $18K; repeat grants $48K. How we count
Medians: $20K first-time, $24K repeat.
- Giving fell 61% from 2021 to 2024. Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). 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 2020 to 2024, annual grant giving ranged from $2K (2022) to $2.3M (2020). In 2024 it made 10 grants totaling $300K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Dane County Madison, WI | Community Outreach | $133,509 |
| Community Shares of WI Madison, WI | Community Outreach | $28,125 |
| Wayforward Resources Inc Middleton, WI | Community Outreach | $20,000 |
| UWM Foundation Milwaukee, WI | Community Outreach | $20,000 |
| The Young Women's Christian Association of Madison Madison, WI | Community Outreach | $20,000 |
| Pathfinders Milwaukee Inc Milwaukee, WI | Community Outreach | $20,000 |
| Operation Fresh Start Inc Madison, WI | Community Outreach | $20,000 |
| Boys & Girls Clubs of Greater Milwaukee Inc Milwaukee, WI | Community Outreach | $20,000 |
| Bayview Foundation Inc Madison, WI | Community Outreach | $10,000 |
| United Way of Greater Milwaukee & Waukesha Counties Milwaukee, WI | Community Outreach | $8,634 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $5,653,143,610 | $363,773,520 | $331,784,943 | $300,268 | 10 | $55,946,405 |
| 2023 | $5,303,715,566 | $280,888,360 | $253,257,113 | — | — | $31,598,427 |
| 2022 | $5,145,209,271 | $206,656,356 | $183,972,968 | $1,815 | Total only | $25,782,266 |
| 2021 | $4,833,919,839 | $216,524,629 | $150,376,951 | $778,970 | 6 | $48,795,723 |
| 2020 | $4,205,781,575 | $217,681,978 | $166,116,608 | $2,325,117 | 7 | $58,193,643 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
UWCU’s stated mission is to encourage thrift among its members, provide access to credit at fair and reasonable interest rates, help members improve their economic and social conditions, and carry out its functions under applicable law.
Its community giving focuses on improving access to financial education and educational opportunities that promote economic mobility, as well as stable, affordable housing and pathways to homeownership. UWCU says it emphasizes people historically excluded from financial services. Its 2024 filing says contributions support the general operations of tax-exempt organizations.
Examples of supported organizations illustrate the range of grantees. United Way of Dane County describes its mission as uniting the community to achieve measurable results that change lives. Operation Fresh Start says it empowers emerging adults toward self-sufficiency through education, mentoring, and employment training. WayForward Resources says it works to create food and housing security through action and advocacy. These are the organizations’ own descriptions of their missions.
UWCU’s website says it retired its Community Values Scholarship in 2025 in favor of a partnership offering a personal finance course and that scholarship endowments at seven UW System partner schools and Madison College continue. The scholarship program description lists awards for students, rather than grants for outside applicants.
Grantmaking
In filing year 2024, UWCU reported 10 grants totaling $300,268. Grant amounts ranged from $8,634 to $133,509, with a median of $20,000. The filing lists community outreach as the purpose for the itemized grants.
The largest award was $133,509 to United Way of Dane County. Other listed awards included $28,125 to Community Shares of Wisconsin and $20,000 each to WayForward Resources, the UWM Foundation, YWCA Madison, Pathfinders Milwaukee, Operation Fresh Start, and Boys & Girls Clubs of Greater Milwaukee. All 10 itemized grants went to Wisconsin recipients.
UWCU’s grant guidelines recommend brief, conversational application responses and say organizations may reuse information from other proposals. Organizations are eligible for one grant per calendar year; past support does not guarantee future support. Eligible nonprofits must be 501(c)(3) organizations and not private foundations. UWCU does not fund educational or travel grants, contests or competitions, trips or conventions, political or labor organizations, religious programs or programs serving specific religious groups, organizations or initiatives outside its market, or organizations that discriminate. Sponsorship applications are open year-round and reviewed on a rolling basis; sponsorship requests should be tied to event promotion and may include marketing benefits.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kelly Wilson as director and chair; Steven Rick as director and vice chair; Terry Warfield as director and treasurer; and Phyllis King as director and secretary. It lists Paul Kundert as president and CEO, Brad McClain as executive vice president and CFO, Jonathan Bundy as executive vice president and CLO and assistant corporate secretary, Rob Van Nevel as executive vice president and COO, Ralph Buelling as executive vice president and CIO, and Anne Norman as executive vice president and CMPSO.
University of Wisconsin Credit Union is led by Paul Kundert, President & CEO on every filing since 2020; 21 of 23 officers listed in 2024 are compensated.
Officers on the 2024 filing
Paul Kundert
President & CEO
On filings since 2020
45 hrs/week
$868K (2020) → $1M (2024)
Kelly Wilson
Director - Chair
Director - Secretary → Director - Vice Chair, 2023
Director - Vice Chair → Director - Chair, 2024
On filings since 2020
3 hrs/week
$900 (2020) → $900 (2024)
Jeffrey Russell
Director
Director - Secretary → Director - Vice Chair, 2022
Director - Vice Chair → Director, 2023
On filings since 2020
2 hrs/week
$900 (2020) → $900 (2024)
Michael Carr
Director
On filings since 2020
2 hrs/week
$900 (2020) → $900 (2024)
Michael Collins
Director
On filings since 2020
2 hrs/week
$900 (2020) → $900 (2024)
Phyllis King
Director - Secretary
Director → Director - Treasurer, 2022
Director - Treasurer → Director - Secretary, 2024
On filings since 2020
3 hrs/week
$450 (2020) → $0 (2024)
Terry Warfield
Director - Treasurer
Director → Director - Secretary, 2023
Director - Secretary → Director - Treasurer, 2024
On filings since 2020
3 hrs/week
$900 (2020) → $900 (2024)
Kimila Daniels
Director
On filings since 2023
2 hrs/week
$675 (2023) → $900 (2024)
Leana Nakielski Mesdjian
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Amy Kriebs
Senior Vice President Member Sales & Solutions
Vice President Member Sales & Service → Senior Vice President Member Sales & Service, 2023
Senior Vice President Member Sales & Service → Senior Vice President Member Sales & Solutions, 2024
On filings since 2020
45 hrs/week
$157K (2020) → $259K (2024)
Anne Norman
Executive Vice President & Cmpso
Senior Vice President & Chief Marketing Officer → Senior Vice President & CMO, 2021
Senior Vice President & CMO → Executive Vice President & Cmpso, 2023
On filings since 2020
45 hrs/week
$246K (2020) → $343K (2024)
Brad McClain
Executive Vice President & CFO
On filings since 2020
45 hrs/week
$424K (2020) → $501K (2024)
Jonathan Bundy
Executive Vice President, Clo & Assistant Corp Secretary
Clo & Assistant Corp Secretary → Executive Vice President & Clo, 2023
Executive Vice President & Clo → Executive Vice President, Clo & Assistant Corp Secretary, 2024
On filings since 2020
45 hrs/week
$280K (2020) → $353K (2024)
Pam Peterson
Executive Vice President & Cpo
Senior Vice President & Chro → Executive Vice President & Cpo, 2023
On filings since 2020
45 hrs/week
$214K (2020) → $327K (2024)
Rob Van Nevel
Executive Vice President & COO
On filings since 2020
45 hrs/week
$393K (2020) → $526K (2024)
Steven Rick
Director - Vice Chair
Director - Chair → Director - Vice Chair, 2024
On filings since 2020
3 hrs/week
$900 (2020) → $900 (2024)
Aaron Lawry
Wealth Advisor
On filings since 2022
40 hrs/week
$299K (2022) → $347K (2024)
Jeremy Marshall
Wealth Advisor
On filings since 2022
40 hrs/week
$268K (2022) → $326K (2024)
Ralph Buelling
Executive Vice President & CIO
Senior Vice President & CIO → Executive Vice President & CIO, 2023
On filings since 2022
45 hrs/week
$408K (2022) → $412K (2024)
Teo Trandafir
Vice President of Wealth Management
Assistant Vice President of Wealth Management → Vice President of Wealth Management, 2023
On filings since 2022
45 hrs/week
$374K (2022) → $475K (2024)
Justin Novara
Wealth Advisor
New on the 2024 filing
40 hrs/week
$291K (2024)
Kyle Judd
Wealth Advisor
New on the 2024 filing
40 hrs/week
$318K (2024)
Tony Konkol
Vice President of Info Technology
New on the 2024 filing
45 hrs/week
$271K (2024)
Former officers (18)
- Former: Eric Bangerter (2020–2023) — Vice President of Digital Technology
- Former: Leana Nakielski (2021–2023) — Director
- Former: Carma Atkinson (2022–2023) — Vice President of Card Operations & Loss Prevention
- Former: Greg Yelk (2022–2023) — Vice President of Information Technology
- Former: David Mickelson (2020–2022) — Vice President Mso & Card Ops
- Former: Julio Rios (2020–2022) — Vice President of Mortgage Lending
- Former: Marion Brown (2020–2022) — Director
- Former: Rachel Solt (2020–2021) — Mortgage Loan Officer
- Former: Renee Bosnjak (2020–2021) — Mortgage Loan Officer
- Former: Shenita Brokenburr (2020–2021) — Director
- Former: Nicholas Bitzke (2021) — Mortgage Loan Officer
- Former: Rick McKinley (2021) — Mortgage Loan Officer
- Former: Will Hamielec (2021) — Mortgage Loan Officer
- Former: Ashley Bergren (2020) — Mortgage Loan Officer
- Former: Jeremy Leibfried (2020) — Mortgage Loan Officer
- Former: Lee Wiersma (2020) — Executive Vice President & Chro
- Former: Mike Long (2020) — Executive Vice President & CCO
- Former: Richard McKinley (2020) — Mortgage Loan Officer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $1.0M, to Paul Kundert (President & CEO). 21 officers or directors reported compensation on that filing.
Frequently asked questions about University of Wisconsin Credit Union
How much does University of Wisconsin Credit Union give each year?
University of Wisconsin Credit Union gave $300K across 10 grants in 2024, according to its 2024 IRS Form 990.
What is University of Wisconsin Credit Union's typical grant size?
University of Wisconsin Credit Union's median grant in 2024 was $20,000, and its average grant was $30,027, across 10 grants on its 2024 IRS Form 990. Organizations receiving their first grant from University of Wisconsin Credit Union that year got $18K on average.
Where does University of Wisconsin Credit Union give grants?
University of Wisconsin Credit Union gives mostly in Wisconsin: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Madison, WI (5 grants) and Milwaukee, WI (4 grants).
Does University of Wisconsin Credit Union give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on University of Wisconsin Credit Union's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Community Outreach" (10 grants).
Who are University of Wisconsin Credit Union's largest grantees?
University of Wisconsin Credit Union's largest 2024 grantees include United Way of Dane County ($133,509), Community Shares of WI ($28,125) and Wayforward Resources Inc ($20,000), according to its 2024 IRS Form 990. Together they received 60% of its itemized 2024 grant dollars.
How large is University of Wisconsin Credit Union?
University of Wisconsin Credit Union reported $5.7B in total assets on its 2024 IRS Form 990. Its revenue that year was $363.8M.
What does University of Wisconsin Credit Union fund?
UWCU’s stated mission is to encourage thrift among its members, provide access to credit at fair and reasonable interest rates, help members improve their economic and social conditions, and carry out its functions under applicable law. See mission & focus areas ↑
How do I apply for a grant from University of Wisconsin Credit Union?
UWCU invites nonprofit organizations to review its funding guidelines and submit an application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is University of Wisconsin Credit Union's EIN?
University of Wisconsin Credit Union's EIN (Employer Identification Number) is 39-0671465. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 26, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 8, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in University of Wisconsin Credit Union's focus areas in our free grants database
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Cite this profile
Grantable. (2026). University of Wisconsin Credit Union funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/university-of-wisconsin-credit-union-morg_f035566422e543cfbf2ba96a9b9995ab
BibTeX
@misc{grantable_390671465_2026,
author = {{Grantable}},
title = {{University of Wisconsin Credit Union funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/university-of-wisconsin-credit-union-morg_f035566422e543cfbf2ba96a9b9995ab},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from University of Wisconsin Credit Union'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.
University of Wisconsin Credit Union down — hundreds of funders to go?