Fellowship Credit Union Foundation Inc
- Assets
- $198.7k
- Revenue
- $10.9k
- Investments
- $176.8k
- Employees
- 0
- Location
- Lamar, CO
- Founding
- 07/2009
- Data as of
- 12/2021
- EIN
- 26-3671626
Organization Overview
Fellowship Credit Union Foundation Inc is located in Lamar, CO. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fellowship Credit Union Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Fellowship Credit Union Foundation Inc generated $10.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $9.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
(14) EDUCATIONAL SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Wilger Chairman | 1 | $0 | |
Francisco Martinez Director | 1 | $0 | |
Heather Gallegos Executive Direc | 2 | $0 | |
Brian Kane Director | 1 | $0 | |
Bea Haggard Vice Chair | 1 | $0 | |
Patti Quarles Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200 |
| Interest on Savings | $33 |
| Dividends & Interest | $7,627 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,070 |
| Total Revenue | $10,930 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $116 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $110 |
| Total operating and administrative expenses | $526 |
| Contributions, gifts, grants paid | $8,500 |
| Total expenses and disbursements | $9,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,931 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $71,041 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $198,716 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fellowship Credit Union Foundation Inc has awarded $8,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
MICHAEL RUSHTON PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,000 |
BRIGDEN PARKER PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
KACEY MILLER PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
KELLY LONG PURPOSE: EDUCATIONAL SCHOLARSHIP | $500 |
BELEN MARAVILLA PURPOSE: EDUCATIONAL SCHOLARSHIP | $500 |
KIRSTEN SUMMERS PURPOSE: EDUCATIONAL SCHOLARSHIP | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Pacific Foundation Omaha, NE | $336,276 | $9,519,950 |
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Robert M Beren Foundation Inc Wichita, KS | $0 | $13,792,730 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
A W Baldwin Charitable Foundation Inc Leawood, KS | $13,708,852 | $4,775,692 |
Simone Charitable Foundation Inc Scottsdale, AZ | $116,213,813 | $7,192,727 |
Leland J And Dorothy H Olson Charitable Fountation Omaha, NE | $59,544,198 | $8,036,267 |
Merlin Foundation Boulder, CO | $11,755,104 | $10,100,928 |