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Minnco Credit Union Foundation Inc. is a private corporation based in NORTH BRANCH, MN. The foundation received its IRS ruling in 2017. It holds total assets of $49K. Annual income is reported at $89K. Total assets have grown from $24K in 2019 to $42K in 2023. The foundation is governed by 4 officers and trustees. Childrens miracle network. Donation to an organization that. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Minnesota and Utah. According to available records, Minnco Credit Union Foundation Inc. has made 74 grants totaling $194K, with a median grant of $500. Annual giving has grown from $3K in 2021 to $58K in 2023. Grantmaking activity was highest in 2022 with $132K distributed across 44 grants. Individual grants have ranged from $150 to $39K, with an average award of $3K. The foundation has supported 48 unique organizations. Grants have been distributed to organizations in Minnesota and Utah. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$500
Average Grant
$4K
Largest Grant
$24K
Based on 8 grants from the most recent 990-PF filing.
Food drive for local food shelves. Three organizations
Expenses: $27K
Holiday moments. Help provid christmas gifts for over 200
Expenses: $7K
Banzai. Increase financial literacy for middle and high
Expenses: $7K
School supply drive. School supply money was raised and
Expenses: $1K
Childrens miracle network. Donation to an organization that. Based on available records, the foundation has funded 74 grants. Its grantmaking reaches organizations primarily in MN, UT.
Minnco Credit Union Foundation Inc. has distributed a total of $194K across 74 grants. The median grant size is $500, with an average of $3K. Individual grants have ranged from $150 to $39K.
Needs to be within the communities served by minnco credit union.
Minnco Credit Union Foundation Inc. is headquartered in NORTH BRANCH, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Doug Hallstrom | MEMBER | $0 | $0 | N/A |
| Chris Wester | SECRETARY | $0 | $0 | N/A |
| John Wendland | PRESIDENT | $0 | $0 | N/A |
| Christine Eblen | TREASURER | $0 | $0 | N/A |
Total Giving
$63K
Total Assets
$42K
Fair Market Value
$42K
Net Worth
$42K
Grants Paid
$62K
Contributions
$40K
Net Investment Income
N/A
Distribution Amount
$3K
Total Grants
74
Total Giving
$194K
Average Grant
$3K
Median Grant
$500
Unique Recipients
48
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Soup For The SoulSHELTER ASSIST | Mora, MN | $500 | 2022 |
| Childrens MiracleCOMMUNITY ASST | Saint Paul, MN | $38K | 2023 |
| BanzaiCOMMUNITY ASST | Provo, UT | $8K | 2023 |
| Viking VittlesCOMMUNITY ASST | North Branch, MN | $2K | 2023 |
| Hope 4 YouthCOMMUNITY ASST | Minneapolis, MN | $1K | 2023 |
| Friends Of SherbourneCOMMUNITY ASST | Zimmerman, MN | $1K | 2023 |
| Gracepoint Crossing McbCOMMUNITY ASST | Cambridge, MN | $1K | 2023 |
| Isanti Co Integrated CoCOMMUNITY ASST | Cambridge, MN | $1K | 2023 |
| Cambridge Isanti SchoolCOMMUNITY ASST | Cambridge, MN | $864 | 2023 |
| Outside Operations BigCOMMUNITY ASST | Big Lake, MN | $750 | 2023 |
| Rivers Of Hope Big LakeCOMMUNITY ASST | Monticello, MN | $750 | 2023 |
| Passing The Bread PrinCOMMUNITY ASST | Zimmerman, MN | $500 | 2023 |
| Allina Health FoundatioCOMMUNITY ASST | Cambridge, MN | $500 | 2023 |
| Cambridge Sr ActivityCOMMUNITY ASST | Cambridge, MN | $500 | 2023 |
| Mission 610 CambridgeCOMMUNITY ASST | Stanchfield, MN | $500 | 2023 |
| North Branch SchoolsCOMMUNITY ASST | North Branch, MN | $432 | 2023 |
| Princeton Public SchoolCOMMUNITY ASST | Princeton, MN | $432 | 2023 |
| Braham Area SchoolsCOMMUNITY ASST | Braham, MN | $432 | 2023 |
| East Bethel ElementaryCOMMUNITY ASST | Cedar, MN | $432 | 2023 |
| Big Lake SchoolsCOMMUNITY ASST | Big Lake, MN | $432 | 2023 |
| Haven 4 HeroesCOMMUNITY ASST | Anoka, MN | $289 | 2023 |
| Family PathwaysCOMMUNITY ASST | Cambridge, MN | $3K | 2022 |
| Ci Dollars For ScholarsCOMMUNITY ASST | Cambridge, MN | $2K | 2022 |
| Spark 2 HopeCOMMUNITY ASST | Elk River, MN | $2K | 2022 |
| Isanti County IntegrateCOMMUNITY ASST | Cambridge, MN | $2K | 2022 |
| Big Lake CommunityCOMMUNITY ASST | Big Lake, MN | $1K | 2022 |
| Isanti County Food PantSTOP HUNGER | Cambridge, MN | $1K | 2022 |
| Big Lake School DistricCOMMUNITY ASST | Big Lake, MN | $1K | 2022 |
| Hope4youth Teen HomelesSHELTER ASSIST | Minneapolis, MN | $1K | 2022 |
| Kinship Youth PrincetonCOMMUNITY ASST | Princeton, MN | $1K | 2022 |
| Acbc Food ShelfSTOP HUNGER | Anoka, MN | $1K | 2022 |
| Nb Area Education FoundSHELTER ASSIST | North Branch, MN | $500 | 2022 |
| Passing The BreadSTOP HUNGER | Zimmerman, MN | $500 | 2022 |
| North Branch LionsCOMMUNITY ASST | North Branch, MN | $500 | 2022 |