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Beacon Credit Union Foundation Inc. is a private corporation based in WABASH, IN. The foundation received its IRS ruling in 2012. The principal officer is Beacon Credit Union. It holds total assets of $247K. Annual income is reported at $153K. Total assets have grown from N/A in 2011 to $375K in 2023. The foundation is governed by 7 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, Beacon Credit Union Foundation Inc. has made 4 grants totaling $353K, with a median grant of $84K. Annual giving has grown from $87K in 2021 to $105K in 2023. Grantmaking activity was highest in 2022 with $161K distributed across 2 grants. Individual grants have ranged from $80K to $105K, with an average award of $88K. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Beacon Credit Union Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IN.
Beacon Credit Union Foundation Inc. has distributed a total of $353K across 4 grants. The median grant size is $84K, with an average of $88K. Individual grants have ranged from $80K to $105K.
The application deadline is ALL COMPLETED APPLICATIONS ARE TO BE SUBMITTED TO THE MARKETING DEPARTMENT PERSONNEL OF BEACON CREDI. A minimum request of $250.00 will be considered.
Beacon Credit Union Foundation Inc. is headquartered in WABASH, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roger Bragg | BOARD MEMBER | $0 | $0 | N/A |
| Herb Horrom | VICE CHAIRMAN | $0 | $0 | N/A |
| John Peters | SECRETARY/TREASURER | $0 | $0 | N/A |
| Kenneth Dale | CHAIRMAN | $0 | $0 | N/A |
| Sara Delbecq | BOARD MEMBER | $0 | $0 | N/A |
| James Yates | BOARD MEMBER | $0 | $0 | N/A |
| Lindsay Culver | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$110K
Total Assets
$375K
Fair Market Value
$448K
Net Worth
$375K
Grants Paid
$105K
Contributions
$25K
Net Investment Income
$9K
Distribution Amount
$22K
Total: $354K
Total Grants
4
Total Giving
$353K
Average Grant
$88K
Median Grant
$84K
Unique Recipients
1
Most Common Grant
$80K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attachment With Breakdown Of OrganizationsSEE ATTACHMENT | Wabash, IN | $105K | 2023 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN