National Credit Union Foundation
National Credit Union Foundation
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About this organization
Mission
The National Credit Union Foundation is a catalyst to improve people's financial lives through credit unions.
About
Disaster relief - through the National Credit Union's disaster relief fund & CUAID initiative, the foundation can quickly respond when disasters strike, raising donations that support credit union employees, volunteers and members who suffer unrecoverable losses. In 2019 foundation experienced a lower level of request for funding for disaster assistance to credit union employees, compared to 2018. The foundation distributed over $60,000 in 2019, compared to $815,328 in 2018, to assist credit union people in need and help them get on back on their feet.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “The national credit union foundation (ncuf) is the primary national philanthropic program provider, fundraiser and grantmaker for america's more than 5,000 credit unions serving approximately 115 million members. ncuf's mission is "making financial freedom achievable through credit unions." through ncuf grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, build assets, and own homes.”.
When explaining its purpose, the activities were outlined as: “A catalyst to improve people's financial lives through credit unions.”.
- As per legal reporting requirements, the state of operation for the non-profit is WI.
- The non-profit's address for 2020 is listed as 99 M STREET SE SUITE 300 SE, WASHINGTON, DC, 20004 in the filing.
- As per the non-profit's form, they have 0 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $731,524.
- The organization has 18 independent voting members.
- The organization was formed in 1980.
- The organization pays $1,578,577 in salary, compensation, and benefits to its employees.
- The organization pays $310,907 in fundraising expenses.