Human Services

National Credit Union Foundation

Ignite.Inspire.Respond

aka The Foundation

Madison, WI

Mission

The National Credit Union Foundation is a catalyst to improve people's financial lives through credit unions.

Ruling Year

1981

Executive Director

Ms. Christiane Gigi Hyland

Main Address

5710 Mineral Point Rd

Madison, WI 53705 USA

Keywords

credit unions, foundation, consumer independence, disaster relief, national, affordable financial services

EIN

39-1383650

 Number

8459436936

Cause Area (NTEE Code)

Financial Counseling, Money Management (P51)

Private Grantmaking Foundations (T20)

Economic Development (S30)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Social Media

Blog

Programs + Results

What we aim to solve

At the National Credit Union Foundation, we are trying to help credit unions to better serve their members by meeting them where they are in life, and arming them with tools, resources, products and services to improve their financial health.

Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

Ignite

Inspire

Respond

Where we work

Our Results

How does this organization measure their results? It's a hard question but an important one. These quantitative program results are self-reported by the organization, illustrating their committment to transparency, learning, and interest in helping the whole sector learn and grow.

SOURCE: Self-reported by organization

Number of participants attending course/session/workshop

TOTALS BY YEAR
Population(s) served

No target populations selected

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context notes

This number includes graduates of the Foundation's Enhanced FiCEP Program, Credit Union Development Education Program, and those who have gone through Leveraging the Credit Union Difference sessions.

Number of program graduates

TOTALS BY YEAR
Population(s) served

No target populations selected

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Total number of grants awarded

TOTALS BY YEAR
Population(s) served

No target populations selected

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total dollars distributed for disaster relief

TOTALS BY YEAR
Population(s) served

No target populations selected

Related program

Respond

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Total dollar amount of grants awarded

TOTALS BY YEAR
Population(s) served

No target populations selected

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Charting Impact

Five powerful questions that require reflection about what really matters - results.

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have they accomplished so far and what's next?

The National Credit Union Foundation's vision is making financial freedom achievable through credit unions. The Foundationis the charitable arm of the U.S credit union movement, serving as a catalyst for change in people’s financial lives. The Foundation works to ignite understanding and focus on member financial health, inspire and create opportunities for credit unions to leverage their cooperative values and respond quickly when disaster strikes. Through cooperative support and action, the Foundation helps people achieve financial freedom.

Whether it's collaborating on projects, convening resources, igniting passion, honoring leaders, or making financial education meaningful, the Foundation represents credit unions at the national level, kick starting their efforts to strengthen the financial well-being of everyone in their community.

Additionally, the Foundation actively participates and presents at several national financial literacy conferences to represent the good work credit unions already do in providing financial education to members and communities. To help people achieve financial freedom, we work with credit unions, state trade associations and foundations, government agencies, and other partners.

We are indeed a catalyst – a change agent, aggregator, connector, spark, leader – working to improve people's financial lives through credit unions.

Through collective generosity, a dynamic team of knowledgeable and passion staff and board members, the Foundation works to execute on their strategic plan. Through impactful grants, we are providing monetary assistance and expertise to help credit unions better serve their members. Through our first in class training, we help credit union professionals to walk in their members shoes in order to better serve them. Through CUAid, we harness the power of cooperation and can quickly distribute life-changing funds to help people recover from disaster.

Through program and grant benchmarks, deliverables and social impact goals, the Foundation assesses how they are improving people's financial lives.

A few key, recent examples: The Foundation is a champion of Biz Kid$, the Emmy- Award winning, credit union funded public television series that teaches kids about money management. Biz Kid$ has reached over 10.8 million parents, educators and students with an average of 9.6 million viewers each year. In 2018, the Foundation granted over $157,000 to credit union organizations for Biz Kid$ Financial Education Grants, Financial Health KPIs, and the "Bite of Reality" app. The Foundation, in partnership with CUNA and the leagues, work together to help credit union staff to become Certified Financial Counselors through the Enhanced FiCEP Program. In 2018, the Foundation certified 500 financial counselors, with now over 3,000 certified to date. In 2018, 180 credit union professionals completed Credit Union Development Education (DE) Training, with over 1,900 graduates to date serving as advocates for the credit union difference. In 2018, staff presented various “Leveraging the Credit Union Difference" sessions to over 2,000 credit union professionals, igniting passion and instilling knowledge around our movement's unique principles and philosophy. In 2018, the Foundation helped the credit union system raise over $930,000 in disaster relief funds in response to the California Wildfires and Hurricanes Michael and Florence. over $815,000 was distributed to help those in need.

External Reviews

Accreditations

BBB Wise Giving Alliance 2018

Awards

Excellence in Fundraising 2005

AFP

U.S. Gold President’s Volunteer Service Award 2017

Junior Achievement National

US Gold Presiden'ts Volunteer Service Award 2018

Junior Achievement National

Diamond Award 2016

CUNA Marketing & Business Development Council

Financials

National Credit Union Foundation

Need more info on this nonprofit?

Need more info on this nonprofit?

FREE: Gain immediate access to the following:

  • Address, phone, website and contact information
  • Forms 990 for 2018, 2017 and 2016
  • A Pro report is also available for this organization.

See what's included

Operations

The people, governance practices, and partners that make the organization tick.

Need more info?

FREE: Gain immediate access to the following:

  • Address, phone, website and contact information
  • Forms 990 for 2018, 2017 and 2016
  • A Pro report is also available for this organization.

See what's included

Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

Yes

Organizational Demographics

In order to support nonprofits and gain valuable insight for the sector, GuideStar worked with D5—a five-year initiative to advance diversity, equity, and inclusion in philanthropy—in creating a questionnaire. This section is a voluntary questionnaire that empowers organizations to share information on the demographics of who works in and leads organizations. To protect the identity of individuals, we do not display sexual orientation or disability information for organizations with fewer than 15 staff. Any values displayed in this section are percentages of the total number of individuals in each category (e.g. 20% of all Board members for X organization are female).

SOURCE: Self-reported by organization

Gender

Sexual Orientation

We do not display sexual orientation information for organizations with fewer than 15 staff.

Disability

We do not display disability information for organizations with fewer than 15 staff.

Diversity Strategies

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We track retention of staff, board, and volunteers across demographic categories
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We track income levels of staff, senior staff, and board across demographic categories
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We track the age of staff, senior staff, and board
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We track the diversity of vendors (e.g., consultants, professional service firms)
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We have a diversity committee in place
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We have a diversity manager in place
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We have a diversity plan
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We use other methods to support diversity