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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.