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State Employees Credit Union Foundation is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 2002. The principal officer is James C Blaine. It holds total assets of $68.8M. Annual income is reported at $20.9M. Total assets have grown from $26.9M in 2010 to $65.7M in 2022. The foundation is governed by 15 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, State Employees Credit Union Foundation has made 5,257 grants totaling $44.3M, with a median grant of $3K. Annual giving has grown from $17.5M in 2021 to $26.9M in 2022. Individual grants have ranged from $500 to $3M, with an average award of $8K. The foundation has supported 2,348 unique organizations. Grants have been distributed to organizations in North Carolina and District of Columbia and Texas. 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.
State Employees Credit Union Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5,257 grants. Its grantmaking reaches organizations primarily in NC, DC, TX.
State Employees Credit Union Foundation has distributed a total of $44.3M across 5,257 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $500 to $3M.
State Employees Credit Union Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is GRANTS MAY BE SUBMITTED ANY TIME, BUT WILL TYPICALLY BE CONSIDERED ON A SEMI-ANNUAL SCHEDULE.. Secu grant programs capital - funds projects that are tangible, permanent, and visible; typically supporting construction or major renovation of a building or a facility. Programmatic - funds pilot programs or large-scale program expansions that provide regional or statewide services. Mission development grants - supporting smaller nonprofits with capacity building through organizational assessments, goal setting, and creating pathways for expansion. Project selection considerations: -preference given to a combination of projects that have a statewide impact, or major regional impact, and may serve as a model for replication in other north carolina communities. -seek projects that are tangible (permanent, visible, capital versus operational). Do not support operational budgets, nor budget shortfalls. -seek to fund projects through partnerships with foundations and nonprofit organizations (do not fund for-profit organizations).
State Employees Credit Union Foundation is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alice Garland | SECRETARY/TREASURER | $0 | $0 | N/A |
| Mark Fleming | DIRECTOR | $0 | $0 | N/A |
| Ben Mclawhorn | DIRECTOR | $0 | $0 | N/A |
| Mona Moon | DIRECTOR | $0 | $0 | N/A |
| Brad Mcmillen | DIRECTOR | $0 | $0 | N/A |
| Chris Ayers | VICE CHAIR | $0 | $0 | N/A |
| Mckinley Wooten Jr | DIRECTOR | $0 | $0 | N/A |
| J Lee Brown Iii | DIRECTOR | $0 | $0 | N/A |
| Karan Bunn | DIRECTOR | $0 | $0 | N/A |
| Jama Campbell | EXECUTIVE DIRECTOR | $0 | $0 | N/A |
| Jennifer Haygood | DIRECTOR | $0 | $0 | N/A |
| Stelfanie Williams | DIRECTOR | $0 | $0 | N/A |
| Bob Brinson | CHAIR | $0 | $0 | N/A |
| Thomas Parrish Iv | DIRECTOR | $0 | $0 | N/A |
| Jo Anne Sanford | DIRECTOR | $0 | $0 | N/A |
Total Giving
$21.8M
Total Assets
$65.7M
Fair Market Value
$65.7M
Net Worth
$32.8M
Grants Paid
$21.7M
Contributions
$19.8M
Net Investment Income
$470K
Distribution Amount
$4.3M
Total Grants
5,257
Total Giving
$44.3M
Average Grant
$8K
Median Grant
$3K
Unique Recipients
2,348
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Aces For AutismFACILITY CONSTRUCTION | Greenville, NC | $500K | 2022 |
| Roof AboveFACILITY CONSTRUCTION | Charlotte, NC | $1.5M | 2022 |
| Nc Museum Of Natural Science Friends Of Ncmns - Secu DinolabFACILITY CONSTRUCTION | Raleigh, NC | $1M | 2022 |
| Secu Bridge To Career - Nc Community College SystemSCHOLARSHIP PROGRAM | Raleigh, NC | $892K | 2022 |
| Unc Health FoundationTELEMEDICINE PILOT PROGRAM | Chapel Hill, NC | $750K | 2022 |
| Addiction Recovery Care Assoiciation IncFACILITY CONSTRUCTION | Winstonsalem, NC | $600K | 2022 |
| Partners In LearingFACILITY CONSTRUCTION | Salisbury, NC | $500K | 2022 |
| The Shepherd'S HouseFACILITY CONSTRUCTION | Mount Airy, NC | $250K | 2022 |
| My Kid'S ClubFACILITY CONSTRUCTION | Selma, NC | $250K | 2022 |
| Lead For North Carolina - Unc School Of GovernmentFELLOWSHIP PROGRAM | Chapel Hill, NC | $250K | 2022 |
| Samaritan ColonyFACILITY CONSTRUCTION | Rockingham, NC | $250K | 2022 |
| Ncsu Institute For Emergining Issues - Band NcIEI BAND-NC PROGRAM | Raleigh, NC | $225K | 2022 |
| United Negro College FundEMERGENCY STUDENT AID PROGRAM | Washington, DC | $200K | 2022 |
| Pfi - Fayetteville StateINTERSHIP PROGRAM | Fayetteville, NC | $177K | 2022 |
| Club NovaFACILITY CONSTRUCTION | Carrboro, NC | $175K | 2022 |
| Pfi - Nc Chapel HillINTERSHIP PROGRAM | Chapel Hill, NC | $110K | 2022 |
| Pfi - Western CarolinaINTERSHIP PROGRAM | Cullowhee, NC | $110K | 2022 |
| Pfi - Winston-Salem StateINTERSHIP PROGRAM | Winstonsalem, NC | $110K | 2022 |
| Pfi - Nc CentralINTERSHIP PROGRAM | Durham, NC | $110K | 2022 |
| Pfi - Nc A&TINTERSHIP PROGRAM | Greensboro, NC | $110K | 2022 |
| Pfi - Appalachian StateINTERSHIP PROGRAM | Boone, NC | $110K | 2022 |
| Pfi - Unc AshevilleINTERSHIP PROGRAM | Ashevillle, NC | $108K | 2022 |
| Pfi - Unc GreensboroINTERSHIP PROGRAM | Greensboro, NC | $107K | 2022 |
| Pfi - Elizabeth City StateINTERSHIP PROGRAM | Elizabeth City, NC | $106K | 2022 |
| Pfi - Unc WilmingtonINTERSHIP PROGRAM | Wilmington, NC | $106K | 2022 |