AI Summary
The Illinois Credit Union Foundation is a 501(c)3 grantmaking organization that focuses on supporting nonprofits through a relationship-based approach, making grants by invitation only. It does not accept unsolicited proposals, so interested nonprofits can explore warm-introduction pathways via Impala's Funder Prospecting. In 2024, the foundation paid a total of $652.7K in grants to 46 grantees.
Mission Statement
Promote charitable and educational goals as they relate to State and Federally chartered Credit Unions.
Cause Areas
1
Credit unions
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
MIDWEST MEMBERS CREDIT UNION
Wood River, IL
$61.4K
4%
ENCURAGE FINANCIAL NETWORK CREDIT UNION
CHICAGO, IL
$47.6K
3%
COMMONWEALTH CREDIT UNION
BOURBONNAIS, IL
$31.5K
2%
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Total No. of Grants
42
Median 1st year grant
$8.3K
Median 2nd year grant
$11.8K
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to ILLINOIS CREDIT UNION FOUNDATION?
No. ILLINOIS CREDIT UNION FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Where does ILLINOIS CREDIT UNION FOUNDATION give?
ILLINOIS CREDIT UNION FOUNDATION primarily gives to organizations located in Illinois and Massachusetts. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are ILLINOIS CREDIT UNION FOUNDATION’s grants?
The largest share of grants from ILLINOIS CREDIT UNION FOUNDATION fall in the $5,000 to $25 thousand range. The median first-year grant is about $8,297. More detailed grant size data is available to registered users.
How many grants does ILLINOIS CREDIT UNION FOUNDATION make each year?
In 2024, ILLINOIS CREDIT UNION FOUNDATION awarded about 40 grants, totaling nearly $653 thousand. More detailed grant metrics are available to registered users.
Who did ILLINOIS CREDIT UNION FOUNDATION fund recently?
In 2024, ILLINOIS CREDIT UNION FOUNDATION awarded grants to about 50 grantees. Recent grantees include MIDWEST MEMBERS CREDIT UNION, ENCURAGE FINANCIAL NETWORK CREDIT UNION, and COMMONWEALTH CREDIT UNION. More detailed information on all recent recipients is available to registered users.
How do we apply to ILLINOIS CREDIT UNION FOUNDATION?
ILLINOIS CREDIT UNION FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.