Funder DirectoryNovation Credit Union Foundation
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Private foundation (trust)EIN 922763426Est. 2024-03

Novation Credit Union Foundation

Oakdale, MN 55128

Total Assets

$12K

FY 2024

Annual Giving

$7K

FY 2024

Grants Made

7

FY 2024

Avg Grant

$1K

FY 2024

Grant Range

$158–$3K

Typical

Deadlines

Applications

Focus Areas

PhilanthropyVoluntarism & Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$5K

Total Expenses

$13K

Qualifying Distributions

$7K

Distributable Amount

$872

Min. Investment Return

$880

Undistributed Income

$872

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

7 grants

Grant sizes from minimum $158 through median $539 to maximum $3K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

2 years

Giving over time from 2023 to 2024. Peak $7K in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

8 grants

Bridging
$3K
1 grant
Best Prep
$3K
1 grant
Holiday Helping Hands
$857
2 grants
Minnesota Credit Union Foundation
$725
1 grant
Hutchinson Health Foundation
$500
1 grant
Hutchinson Public Schools
$250
1 grant
Special Olympics Minnesota
$158
1 grant

Grant Size Distribution

8 grants

<$10K
8
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Minnesota
$8K
100% of total

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Novation Credit Union Foundation — Grants, Financials & Contact | Grantivo