Public Foundations
Minnesota Credit Union Foundation Inc
SAINT PAUL, MN
Total revenue
$448K
Total expenses
$1.0M
Net assets
$484K
Grants received
$66K
9 grants
EIN
043740017
Tax year
2024
Mission
To promote the development of challenged credit unions in minnesota & their communities through assistance and education, and to support the greater social mission of the credit union movement.
Programs
3 programs
Grants to 18 member credit unions to cover the registration and lodging costs of attending conferences with the primary purposes of education and training relating to issues facing credit unions and the people involved.
A one time grant was given to a credit union in 2024 to help fund its startup. The total grant awarded was 788,377.
Scholarships were awarded to credit union members and their children, grandchildren, or other dependents. Sixteen 1,000 scholarship's were awarded in 2024. The scholarships are for post secondary education and are awarded to writing contest winners based on a question about the credit union movement. The organization continues to network and maintain a website in an effort to receive contributions so it may continue to further it's exempt purpose. In addition the organization continues to help members further their education.
Financials
FY 2024
Revenue
Expenses
People
8 listed
MARA HUMPHREY
PRESIDENT
—
0.5 hrs/wk
CAITLIN BRAMA
DIRECTOR
—
0.5 hrs/wk
DOUG HALLSTROM
DIRECTOR
—
0.5 hrs/wk
TRINA HOFF
DIRECTOR
—
0.5 hrs/wk
MARY MATHESON
DIRECTOR
—
0.5 hrs/wk
SUE PALEN
DIRECTOR
—
0.5 hrs/wk
DOUG RALSTON
CHAIR
—
0.5 hrs/wk
KAYLA REIFFENBERGER
VICE CHAIR
—
0.5 hrs/wk
Grants received
Showing 9 of 9
Funded by
$66K from 5 funders · 9 grants · 2020–2024
$40K · 1 grant · 2023
$23K · 5 grants · 2020–2023
$1K · 1 grant · 2023
$1K · 1 grant · 2020
$725 · 1 grant · 2024