Worldwide Foundation For Credit Unions, Inc.

Worldwide Foundation For Credit Unions, Inc.

Madison, WI 53705
Tax ID39-6093210

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About this organization

Revenue

$2,767,025

Expenses

$2,762,211

Mission

Worldwide Foundation for Credit Unions, Inc. helps alleviate poverty through the democratic power of credit unions.

About

FEDERAL AGENCY - SUPPORTED DEV. THE CREDIT FOR AGRICULTURE PRODUCERS (CAP) PROJECT IS A FOUR YEAR PROJECT (2016-2020) FUNDED BY USAID THAT WILL BE IMPLEMENTED BY WORLDWIDE FOUNDATION FOR CREDIT UNIONS, INC. WITH OVERSIGHT AND TECHNICAL ASSISTANCE FROM VOLUNTEERS FOR ECONOMIC GROWTH ALLIANCE (VEGA). THE PURPOSE OF THE PROJECT IS TO STRENGTHEN THE CREDIT UNION SECTOR IN UKRAINE TO IMPROVE THE QUALITY OF THE FINANCIAL SERVICES AND PRODUCTS OFFERED TO FARMERS AND AGRIBUSINESSES IN RURAL AREAS IN UKRAINE. THE CAP PROJECT WILL SUPPORT BROAD-BASED RESILIENT ECONOMIC DEVELOPMENT THROUGH A MULTI-FACETED APPROACH TO FURTHER DEVELOP UKRAINE'S CREDIT UNION SECTOR. IN ORDER TO ACHIEVE ITS OBJECTIVES, THE CAP PROJECT, WITH SUPPORT OF INTERNATIONAL, CREDIT UNION EXPERTS AND VOLUNTEERS, WILL WORK CLOSELY WITH THE NATIONAL COMMISSION ON REGULATION OF FINANCIAL SERVICES MARKETS AND THE TWO CREDIT UNION ASSOCIATIONS: THE ALL-UKRAINIAN CREDIT UNION ASSOCIATION (AUCUA) AND UKRAINIAN NATIONAL ASSOCIATION OF SAVINGS AND CREDIT UNIONS (UNASCU).IN PARTNERSHIP WITH NATIONAL ASSOCIATION OF SAVINGS AND CREDIT UNIONS OF POLAND (NACSCU), THE IRISH LEAGUE OF CREDIT UNIONS FOUNDATION (ILCUF), UKRAINIAN NATIONAL ASSOCIATION OF SAVINGS AND CREDIT UNIONS (UNASCU), ALL-UKRAINIAN CREDIT UNION ASSOCIATION (AUCUA), GLOBAL WOMEN'S LEADERSHIP NETWORK (GWLN) AND OTHER INTERNATIONAL CREDIT UNION EXPERTS AND VOLUNTEERS, WOCCU/WF ARE WORKING TO STRENGTHEN THE CREDIT UNION SECTOR IN UKRAINE TO IMPROVE THE QUALITY OF THE FINANCIAL SERVICES AND PRODUCTS OFFERED TO FARMERS AND AGRIBUSINESSES IN RURAL AREAS.

Interesting data from their 2020 990 filing

The purpose of the non-profit is stated in the filing as “The worldwide foundation for credit unions, inc. (wf) mission is to support credit union and financial cooperative systems in development activities, assist in times of disaster and to report back to donors on how their support helped the institutions and their members. primary activities supported by worldwide foundation include the world council of credit unions' credit union development programs, international partnerships program, disaster relief, and educational opportunities for credit union staff and volunteers.”.

Their activities were defined as: “Support credit union systems & members in development activities.”.

  • As per legal requirements, the non-profit's state of operation is reported as WI.
  • The non-profit's address in 2020 as per the filing is PO BOX 2982, MADISON, WI, 537012982.
  • The form of the non-profit organization shows 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 $4,814.
  • The organization has 9 independent voting members.
  • The organization was formed in 1965.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $389,052 in fundraising expenses.

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