Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantmaker

AI Summary

The Novation Credit Union Foundation is a 501(c)(3) organization that focuses on grantmaking through a relationship-based approach, offering funding by invitation only. In 2024, the foundation paid a total of $7.2K across five grantees, and it does not accept unsolicited proposals. Nonprofits interested in engaging with the foundation can explore warm-introduction pathways via Impala's Funder Prospecting.

Total Funding Given
$7.2K
2024
Grantees funded
5
Multi-year grantees
20%
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
7
Median 1st year grant
$500
Median 2nd year grant
$539
Top 3 Grants
Matched grants only
Grantee
Grant Size
M
Michael Kronebusch
Board Member
K
Kristi Mukomela
Board Member
T
Terry Kahle
Employee

Frequently Asked Questions

Can I submit an unsolicited grant proposal to Novation Credit Union Foundation?
No. Novation Credit Union Foundation does not accept unsolicited proposals. Funding is by invitation only.
Where does Novation Credit Union Foundation give?
Novation Credit Union Foundation primarily gives to organizations located in Minnesota. 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 Novation Credit Union Foundation’s grants?
The largest share of grants from Novation Credit Union Foundation fall in the below $5,000 range. The median first-year grant is about <$1,000. More detailed grant size data is available to registered users.
How many grants does Novation Credit Union Foundation make each year?
In 2024, Novation Credit Union Foundation awarded about 7 grants, totaling nearly $7,222. More detailed grant metrics are available to registered users.
Who did Novation Credit Union Foundation fund recently?
In 2024, Novation Credit Union Foundation awarded grants to about 5 grantees. Recent grantees include Bridging Inc, HOLIDAY HELPING HANDS, and MINNESOTA CREDIT UNION FOUNDATION. More detailed information on all recent recipients is available to registered users.
How do we apply to Novation Credit Union Foundation?
Novation Credit Union Foundation does not accept unsolicited proposals. Funding is by invitation only.