Central Minnesota Credit Foundation

Organization Overview

Central Minnesota Credit Foundation is located in Melrose, MN. The organization was established in 2014. 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. Central Minnesota Credit Foundation 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, Central Minnesota Credit Foundation generated $78.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $20.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $75,596
Interest on Savings $3,255
Dividends & Interest $0
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 $0
Total Revenue $78,851

Grants Awarded

Over the last fiscal year, Central Minnesota Credit Foundation has awarded $20,000 in support to 4 organizations.

Grant RecipientAmount

HANDS OF HOPE RESOURCE CENTER

Org PageRecipient Profile

Little Falls, MN

PURPOSE: DOMESTIC VIOLENCE HELP

$5,000

PATHWAYS 4 YOUTH

PURPOSE: YOUTH PROGRAMS

$5,000

SOMEPLACE SAFE

PURPOSE: DOMESTIC VIOLENCE HELP

$5,000

NICHOLAS P KOENIG HERO FOUNDATION

Org PageRecipient Profile

Richmond, MN

PURPOSE: MEDICAL RESEARCH

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Central Minnesota Credit Foundation has recieved totaling $74,338.

Awarding OrganizationAmount
Magnifi Financial Credit Union

Melrose, MN

PURPOSE: SUPPORT OF PRIVATE FOUNDATION TO FURTHER THEIR EXEMPT PURPOSE

$74,338
View Grant Recipient Profile

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