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National Credit Union Foundation INC

Public charity
Other · MADISON, WI · EIN 39-1383650

About

The foundation's vision is to make financial freedom achievable through credit unions. We do this through three primary pillars of work: 1. Igniting credit unions to place employee, member and community financial well-being at the center of their strategy by funding catalytic grants, holding convenings, offering resources and tools to ignite credit unions to center their strategy on financial well-being for ALL 2. Inspiring credit unions to leverage their cooperative values to reinforce an organizational culture that empowers and motivates employees by celebrating, developing and helping retain talent at credit unions by offering education and engagement opportunities that align purpose with action 3. Responding when disaster strikes and helping credit unions increase their business resiliency through the cooperative value of "people helping people" by assisting the credit union community to continue serving members when disaster strikes through fundraising, grant making and resources

Donations are tax-deductible
Category
Other
Employees
16
Volunteers
18

Financial Snapshot

FY ending 2024-12-31
Revenue
$5.7M
Expenses
$6.3M
Assets
$15.0M
Liabilities
$1.6M

Financial history

$7.1M$3.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $5.7M · Peak FY2017: $7.1M · Avg: $5.7M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$752K
NATIONAL CREDIT UNION FOUNDATION INC
Your actions

Address

4703 Madison Yards Way STE 300
Madison, WI, 53705-293

Governance

Voting board members16
Independent members16
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %27.2%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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