Overview

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Est.

1963

Fiscal Year Start

Jan 1

Organization Type

Grantmaker

AI Summary

LAUNCH CREDIT UNION is a 501(c) grantmaking organization that focuses on building relationships with its grantees, making grants by invitation only. With a total of $128.1K in grants paid in 2024 to three selected nonprofits, the organization does not accept unsolicited proposals. Nonprofits interested in engaging with LAUNCH CREDIT UNION can explore warm-introduction pathways through Impala's Funder Prospecting.

Mission Statement

THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. WE PROVIDE FINANCIAL SERVICES TO THE COMMUNITIES WE SERVE. WE OFFER FINANCIAL PRODUCTS AND SERVICES OUR MEMBERS NEED AND WANT WITH LOWER FEES. WE OFFER LOAN PRODUCTS OUR MEMBERS CAN AFFORD AND HELP BETTER THEM FINANCIALLY.
Total Funding Given
$128.1K
2024
Grantees funded
3
Multi-year grantees
67%
Funding by Year
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Evaluate your own portfolio
Understand the health of your own grantees and uncover signs of risk.
Total No. of Grants
2
Median 1st year grant
$6K
Median 2nd year grant
$69K
J
Joseph Mirachi
Board Member
C
Chuck Jenkins
Board Member
S
Stuart Dawley
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to LAUNCH CREDIT UNION?
No. LAUNCH CREDIT UNION does not accept unsolicited proposals. Funding is by invitation only.
Where does LAUNCH CREDIT UNION give?
LAUNCH CREDIT UNION primarily gives to organizations located in Florida and Texas. 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 LAUNCH CREDIT UNION’s grants?
The largest share of grants from LAUNCH CREDIT UNION fall in the $100 thousand to $250 thousand range. The median first-year grant is about $6,000. More detailed grant size data is available to registered users.
How many grants does LAUNCH CREDIT UNION make each year?
In 2024, LAUNCH CREDIT UNION awarded about 2 grants, totaling nearly $128 thousand. More detailed grant metrics are available to registered users.
Who did LAUNCH CREDIT UNION fund recently?
In 2024, LAUNCH CREDIT UNION awarded grants to about 3 grantees. Recent grantees include GO BEYOND FOUNDATION INC, FUTURES INC, and American Heart Association Inc. More detailed information on all recent recipients is available to registered users.
How do we apply to LAUNCH CREDIT UNION?
LAUNCH CREDIT UNION does not accept unsolicited proposals. Funding is by invitation only.