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.
Public Charity
MINNESOTA CREDIT UNION FOUNDATION
MINNESOTA CREDIT UNION FOUNDATION is a Public Charity headquartered in ST PAUL, MN. Financial data from the 2024 filing: $448K revenue, $1.0M expenses, $507K total assets. IRS filings disclose 11 grants awarded by this foundation, totaling roughly $1.7M.
EIN: 043740017
ST PAUL, MN
Public Foundations
NTEE: T30
Latest filing: 2024
Total Revenue$448K
Total Expenses$1.0M
Total Assets$507K
Grants Given11
Grant Total$1.7M
Filing Years2019–2024
Where $100 goes at Minnesota Credit Union Foundation
How Minnesota Credit Union Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$96
Programs
the work itself
$3
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $96 for programs
$75
A one time grant was given to a credit union in 2024 to help fund its startup
$12
Credit union for kids is an ongoing program that the organization continues to raise funds to support the gillette children's specialty healthcare and included in this is the…
$5
Scholarships were awarded to credit union members and their children, grandchildren, or other dependents
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
ARISE COMMUNITY CREDIT UNION
FINANCIAL ASSISTANCE
$788,377
CHILDREN'S MIRACLE NETWORK
PROVIDE CARE TO KIDS
$127,720
NORTH MEMORIAL FEDERAL CU
EDUCATION
$5,300
CHILDREN'S MIRACLE NETWORK
PROVIDE CARE TO KIDS
$170,235
CHILDREN'S MIRACLE NETWORK
PROVIDE CARE TO KIDS
$153,584
Showing up to 5 of 11 total records — full history available with membership.
Officers & Directors
DIRECTOR
Caitlin Brama
DIRECTOR
Doug Hallstrom
CHAIR
Doug Ralston
VICE CHAIR
Kayla Reiffenberger
PRESIDENT
Mara Humphrey
DIRECTOR
Mary Matheson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $448K | $1.0M | $507K |
| 2023 | $462K | $261K | $1.1M |
| 2022 | $608K | $262K | $878K |
| 2020 | $212K | $221K | $268K |
| 2019 | $260K | $244K | $273K |
Between 2019 and 2024, reported annual revenue grew from $260K to $448K (+73%), with total assets most recently reported at $507K.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MN, UT.
MNUT
Full geographic grant map with state-by-state breakdown available with membership.