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Filing year 2023

STATE EMPLOYEES CREDIT UNION FOUNDATION

Raleigh, North Carolina·EIN 56-2255292·NTEE T23 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$20.9M
Total assets
$68.8M
Total expenses
$17.2M
Reported officers
17

Reported officers (all unpaid)

No paid executives reported in 2023. STATE EMPLOYEES CREDIT UNION FOUNDATION reported 17 unpaid officers and board members on its 990-PF.

Secretary/treasurer
Executive Director
Chair
Vice Chair
Secretary/treasurer (thru 10/10/23)
Director
Director
Director
Director
Director
Director
Director
Director (thru 10/10/23)
Director
Director
Director
Director (thru 10/10/23)

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$17.3M

Itemized grants

1,788

Median grant

$3k

RecipientLocationPurposeAmount
DORTHEA DIX PARKRALEIGH, NCCAPITAL GRANT$1M
SECU BRIDGE TO CAREERRALEIGH, NCSCHOLARSHIP PROGRAM$940k
CRITTENTONCHARLOTTE, NCCAPITAL GRANT$600k
CHARLOTTE RESCUE MISSIONCHARLOTTE, NCCAPITAL GRANT$500k
PARTNERS IN LEARNINGSALISBURY, NCFACILITY CONSTRUCTION$500k
NC MUSEUM OF NATURAL SCIENCERALEIGH, NCCAPITAL GRANT$500k
ACES FOR AUTISMGREENVILLE, NCFACILITY CONSTRUCTION$500k
AMOREMLENOIR, NCCAPITAL GRANT$500k
THE NC ZOO SOCIETYASHEBORO, NCCAPITAL GRANT$500k
ONE PLACEJACKSONVILLE, NCCAPITAL GRANT$500k
OUTREACH MISSIONSANFORD, NCCAPITAL GRANT$400k
SAMARITAN COLONY INCROCKINGHAM, NCCAPITAL GRANT$375k
LINCOLN CO COALITION AGAINST DVCHERRYVILLE, NCFACILITY CONSTRUCTION$375k
NC GREENPOWER SOLAR SCHOOLSRALEIGH, NCPROGRAMMATIC GRANT$325k
LEAD FOR NORTH CAROLINACHAPEL HILL, NCFELLOWSHIP PROGRAM$300k
SALVATION ARMYCHARLOTTE, NCEMERGENCY ASSISTANCE$250k
SURRY MEDICAL MINISTRIESMOUNT AIRY, NCCAPITAL GRANT$250k
SENIOR SERVICESWINSTONSALEM, NCCAPITAL GRANT$250k
HOMEWARD BOUNDASHEVILLE, NCCAPITAL GRANT$250k
EDEN VILLAGE OF WILMINGTONWILMINGTON, NCCAPITAL GRANT$250k
MY KID'S CLUBSELMA, NCCAPITAL GRANT$250k
FEEDING THE CAROLINASCLEMMONS, NCPROGRAMMATIC GRANT$250k
SOUTHLIGHT HEALTHCARERALEIGH, NCCAPITAL GRANT$250k
CARE RINGCHARLOTTE, NCCAPITAL GRANT$200k
HENDERSONVILLE RESCUE MISSIONHENDERSONVILLE, NCCAPITAL GRANT$175k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

STATE EMPLOYEES CREDIT UNION FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$20.3M
$21.8M
2022
$20.9M
$17.2M
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

STATE EMPLOYEES CREDIT UNION FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina →
FAQ

Common questions about STATE EMPLOYEES CREDIT UNION FOUNDATION

What are STATE EMPLOYEES CREDIT UNION FOUNDATION's revenue and expenses?

In 2023, STATE EMPLOYEES CREDIT UNION FOUNDATION reported $20.9M in total revenue and $17.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.