NonprofitsWorldwide Foundation For Credit Unions Inc

International, Foreign Affairs & National Security

Worldwide Foundation For Credit Unions Inc

MADISON, WI

Total revenue

$2.2M

Total expenses

$3.0M

Net assets

$1.3M

Grants received

$2.5M

96 grants

EIN

396093210

Tax year

2024

Mission

Advance financial inclusion by reducing gaps in global credit union growth.

Programs

3 programs

Global women's leadership network:celebrating 15 years of empowering women in the credit union movement, gwln supported 760 individuals through empowerment grants and awarded scholarships to four women from eswatini, kenya, the philippines, and the united states. Grants in kenya and mongolia directly improved financial inclusion and women's livelihoods impacting over 700 dairy farmers in kenya and attracting over 2,500 users to a sustainable finance marketplace in mongolia. Over 4,000 people engaged through sister societies in 30 countries, expanding the network's global footprint.

Expenses: $10KGrants: $10K

World's credit union young professionals network:wycup fostered the next generation of credit union leaders by hosting over 600 participants through events like connexion, the emerging leaders' summit, and a joint forum at the 2024 world credit union conference. The program expanded educational access, mentorship, and global networking for young professionals from over 70 countries.

Expenses: $173K

Global bridges facilitates cross-border learning and collaboration among credit unions. In 2024, wfcu organized three peer exchange visits. In peru and ecuador, u.s. Credit union professionals explored solutions for advancing financial inclusion for venezuelan migrants through credit unions and entrepreneurship. In australia and new zealand, virginia credit union engaged with peers on regulation and social impact. In ireland, pvks credit union of ukraine participated in lending, analytics, and member service learning sessions with dundalk credit union. Wfcu also supported woccu's hub c pilot with cb cooperativa in ecuador, launching a machine-learning credit scoring algorithm to improve lending. Additionally, through the usaid/woccu economic inclusion project, wfcu helped 30 venezuelan migrants in peru and ecuador, 14 received business grants and 16 obtained professional re-certification support.the global de program advances the cooperative principles of credit unions through education and leadership certification. In 2024, wfcu supported the graduation of 25 new international credit union development educators (icudes) from countries across africa, europe, the caribbean, and the united states. These graduates are empowered to lead global development efforts within the credit union movement and deepen the impact of international cooperative education.

Expenses: $911KGrants: $439K

Financials

FY 2024

Revenue

Contributions & grants$2.1M
Program service revenue$77K
Investment income$41K
Other revenue
Total revenue$2.2M

Expenses

Grants paid$684K
Salaries & benefits
Fundraising$1.2M
Other expenses$2.3M
Total expenses$3.0M
Total assets$3.0M
Net assets$1.3M

People

15 listed

NameRoleCompensation

BILL CHENEY

CHAIR

Board

1 hrs/wk

CRYSTAL LONG

VICE CHAIR

Board

1 hrs/wk

SUSAN MITCHELL

SECRETARY

Board

1 hrs/wk

DALLAS BERGL

TREASURER

Board

1 hrs/wk

MANFRED ALFONSO DASENBROCK

DIRECTOR

Board

1 hrs/wk

BRIAN CALDARELLI

DIRECTOR

Board

1 hrs/wk

MIRIAM DE DIOS WOODWARD

DIRECTOR

Board

1 hrs/wk

DWAYNE NAYLOR

DIRECTOR

Board

1 hrs/wk

RENEE SATTIEWHITE

DIRECTOR

Board

1 hrs/wk

JOSEPH THOMAS

DIRECTOR

Board

1 hrs/wk

JENNIFER OLIVER

DIRECTOR

Board

1 hrs/wk

TYLER VALENTINE

DIRECTOR

Board

1 hrs/wk

J KEVIN RYAN

DIRECTOR

Board

1 hrs/wk

MICHAEL REUTER

PRESIDENT

Board

40 hrs/wk

ELISSA MCCARTER LABORDE

PRESIDENT & CEO

Board

1 hrs/wk

Grants received

Showing 96 of 96

FromAmountPurposeYear
$40K
CHARITABLE DONATIONS
2024
$35K
BRIDGE THE GAP PROGRAM BRIDGES GAPS IMPACTING CREDIT UNIONS' ABILITY TO GROW AND ADVANCE FINANCIAL INCLUSION WORLDWIDE AND TURKEY EARTHQUAKE RELIEF
2024
$17K
GENERAL DONATION
2024
$15K
TO ADVANCE THE SHARED VISION OF EXPANDING FINANCIAL INCLUSION THROUGH A VIBRANT AND GROWING GLOBAL CREDIT UNION SYSTEM.
2024
$15K
TO CREATE LONG LASTING OPPORTUNITIES FOR THE WORLD'S WORKING POOR.
2024
$12K
ANNUAL CONTRIBUTION
2024
$11K
GENERAL SUPPORT
2024
$10K
TO HELP IMPROVE LIVES THROUGH FINANCIAL INCLUSION BY BRIDGING THE GAP IN GLOBAL CREDIT UNION GROWTH.
2024
$10K
ANNUAL DONATION & SPONSORSHIP
2024
$10K
TO IMPROVE LIVES AND COMMUNITIES THROUGH CREDIT UNIONS. UKRAINIAN CREDIT UNION DISPLACEMENT FUND.
2024
$10K
TO SUPPORT THE GLOBAL WOMEN'S LEADERSHIP NETWORK.
2024
$10K
MEMBERSHIP/SUPPORT
2024
$500
RELATED TO FOUNDATION'S CHARITABLE PURPOSE
2024
$100K
GENERAL SUPPORT
2023
$41K
GENERAL SUPPORT
2023
$30K
CHARITABLE DONATIONS
2023
$20K
MAUI FIRE RELIEF GENERAL SUPPORT
2023
$15K
ANNUAL CONTRIBUTION
2023
$15K
TO CREATE LONG LASTING OPPORTUNITIES FOR THE WORLD'S WORKING POOR
2023
$15K
CHARITABLE CONTRIBUTION
2023
$15K
GENERAL DONATION
2023
$15K
TO ADVANCE THE SHARED VISION OF EXPANDING FINANCIAL INCLUSION THROUGH A VIBRANT AND GROWING GLOBAL CREDIT UNION SYSTEM.
2023
$10K
TO IMPROVE LIVES AND COMMUNITIES THROUGH CREDIT UNIONS. UKRANIAN CREDIT UNION DISPLACEMENT FUND
2023
$10K
GENERAL SUPPORT
2023
$10K
WOCCU ANNUAL DONATIONS:- $5,000 DONATION WAS AN ANNUAL SUPPORT FOR WOCCU'S WORLDWIDE FOUNDATION FOR CREDIT UNIONS, WHICH MISSION IS TO BRIDGE THE FINANCIAL GAPS OF MILLIONS WORLDWIDE THROUGH GROWING, SUSTAINING AND STRENGTHENING THE CREDIT UNION MOVEMENT- $5,000 IN ADDITIONAL DONATION WAS MADE ON BEHALF OF BILL CHENEY WHO FACILITATED THE AACUL'S BOARD PLANNING SESSION, AND HE MADE A REQUEST TO DONATE THE VALUE OF HIS SERVICES TO SUPPORT THE CREDIT UNION SYSTEM.
2023
$10K
ANNUAL DONATION
2023
$10K
GENERAL SUPPORT
2023
$10K
MEMBERSHIP/SUPPORT
2023
$8K
MEMBERS HELPING MEMBERS CAMPAIGN
2023
$8K
MEMBERS HELPING MEMBERS CAMPAIGN SPONSORSHIP
2023
$200K
GENERAL OPERATIONS
2022
$54K
TO TRANSFORM A BILLION LIVES THROUGH CREDIT UNIONS
2022
$35K
UKRAINIAN CREDIT UNION DISPLACEMENT FUND
2022
$28K
IN SUPPORT OF THE WFCU'S UKRAINIAN CREDIT UNION DISPLACEMENT FUND TO HELP MITIGATE SHORT- AND LONG-TERM IMPACTS TO UKRAINE'S CREDIT UNION SYSTEM.
2022
$25K
UKRAINIAN FUND
2022
$25K
GENERAL SUPPORT
2022
$20K
CHARITABLE DONATIONS
2022
$15K
GENERAL SUPPORT
2022
$15K
TO IMPROVE LIVES AND COMMUNITIES THROUGH CREDIT UNIONS. UKRANIAN CREDIT UNION DISPLACEMENT FUND
2022
$15K
TO SUPPORT CREDIT UNION SYSTEMS AND MEMBERS IN DEVELOPMENT ACTIVITIES.
2022
$15K
TO CREATE LONG LASTING OPPORTUNITIES FOR THE WORLD'S WORKING POOR
2022
$15K
TO PROVIDE EDUCATIONAL PROGRAMS TO EMPOWER MEMBERS TO MAKE THE FINANCIAL CHOICES TO IMPROVE THEIR LIVES.
2022
$13K
TO SUPPORT CREDIT UNION SYSTEMS & MEMBERS IN DEVELOPMENT ACTIVITIES.
2022
$12K
SUPPORT FOR UKRAINIAN CREDIT UNIONS (DISPLACEMENT FUND DONATION)
2022
$12K
GENERAL SUPPORT
2022
$10K
GENERAL SUPPORT
2022
$10K
CHARITABLE
2022
$10K
CHARITABLE
2022
$10K
UKRAINE CU DISPLACEMENT FUND
2022
$10K
GENERAL SUPPORT
2022
$10K
GENERAL DONATION AND UKRAINE CU DISPLACEMENT FUND
2022
$10K
FOUNDATION PRIORITY FUND
2022
$10K
COMMUNITY OUTREACH
2022
$10K
UKRAINE CU DISPLACEMENT FUND
2022
$10K
1 GRANT(S) FOR VARYING PURPOSES
2022
$10K
GENERAL SUPPORT
2022
$10K
UKRAINE CREDIT UNION DISPLACEMENT FUND
2022
$10K
UKRANIAN CU DISPLACEMENT FUND
2022
$9K
CHARITABLE DONATION
2022
$8K
TO HELP IMPROVE LIVES THROUGH CREDIT UNIONS AND FINANCIAL COOPERATIVES.
2022
$7K
UKRAINE RELIEF EFFORTS
2022
$6K
TO IMPROVE LIVES AND COMMUNITIES THROUGH CREDIT UNIONS.
2022
$6K
UKRAINE CREDIT UNION DISPLACEMENT FUND
2022
$6K
GENERAL SUPPORT
2022
$6K
ANNUAL SUPPORT FOR WOCCU'S WORLDWIDE FOUNDATION FOR CREDIT UNIONS, WHICH MISSION IS TO BRIDGE THE FINANCIAL GAPS OF MILLIONS WORLDWIDE THROUGH GROWING, SUSTAINING AND STRENGTHENING THE CREDIT UNION MOVEMENT. $1,000 DONATION IN 2022 WAS SPECIFICALLY IN SUPPORT OF CREDIT UNIONS IN UKRAINE IN TIME OF WAR.
2022
$5K
UKRAINE CU DISPLACEMENT FUND
2022
$50K
GENERAL OPERATIONS
2021
$13K
SUPPORT CREDIT UNION SYSTEMS & MEMBERS IN DEVELOPMENT ACTIVITIES.
2021
$10K
PRIORITY FUND
2021
$10K
GENERAL SUPPORT
2021
$10K
GENERAL PURPOSE
2021
$25K
PROGRAM SUPPORT
2020
$15K
TO PROVIDE EDUCATIONAL PROGRAMS TO EMPOWER MEMBERS TO MAKE THE FINANCIAL CHOICES TO IMPROVE THEIR LIVES.
2020
$13K
GENERAL PURPOSE
2020
$10K
GENERAL SUPPORT
2020
$10K
UNRESTRICTED
2020
$10K
EDUCATION
2020
$10K
TO CREATE LONG LASTING OPPORTUNITIES FOR THE WORLD'S WORKING POOR
2020
$10K
SUPPORT CREDIT UNION SYSTEMS & MEMBERS IN DEVELOPMENT ACTIVITIES
2020
$8K
GENERAL SUPPORT
2020
$5K
HELP ALLEVIATE POVERTY THROUGH THE DEMOCRATIC POWER OF CREDIT UNIONS.
2020
$5K
PRIORITY FUND
2020
$5K
TO IMPROVE LIVES THROUGH CREDIT UNIONS AND FINANCIAL COOPERATIVES.
2020
$5K
SUPPORT BUSIA ORPHANAGE
2019
$930K
CREDIT FOR AGRICULTURE PRODUCERS
2018

Funded by

$2.5M from 54 funders · 96 grants · 2018–2024

State Employees' Credit Union

$350K · 3 grants · 2021–2023

Patelco Credit Union

$90K · 3 grants · 2022–2024

Credit Unions In The State Of Washington

$80K · 4 grants · 2020–2023

Suncoast Credit Union

$55K · 4 grants · 2020–2024

Gowest Foundation

$54K · 5 grants · 2020–2024

Wescom Foundation

$54K · 1 grant · 2022

Unitus Community Credit Union

$50K · 2 grants · 2022–2024

Details

EIN396093210
NTEE codeQ123
Subsection03
Ruling date1966-07
Formed1965
Employees0
Volunteers13
WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC — Mission, Financials & Grants Received | Grantivo