Travis Credit Unions Community Financial Wellness Fund
- Assets
- $113.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vacaville, CA
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 82-4159040
Organization Overview
Travis Credit Unions Community Financial Wellness Fund is located in Vacaville, CA. The organization was established in 2018. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Travis Credit Unions Community Financial Wellness Fund 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, Travis Credit Unions Community Financial Wellness Fund generated $146.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (74.1%) each year. All expenses for the organization totaled $262.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Travis Credit Unions Community Financial Wellness Fund has awarded 67 individual grants totaling $1,819,041. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO BUILDING AUTHENTIC COMMUNITY IMPACT BY IMPROVING FINANCIAL LITERACY
Describe the Organization's Program Activity:
Part 3
THE TRAVIS CREDIT UNION'S COMMUNITY FINANCIAL WELLNESS FUND RAISED MORE THAN $1M FOR THE COVID-19 RELIEF INITIATIVE, WHICH WAS MATCHED BY TRAVIS CREDIT UNION. MORE THAN $2M DISTRIBUTED TO 83 LOCAL NON-PROFIT ORGANIZATIONS IN 5 COUNTIES, MANY OF WHOM ARE PROVIDING RESOURCES AND SERVICES TO INDIVIDUALS AND FAMILIES IMPACTED BY THE PANDEMIC. ONE HUNDRED PERCENT OF ALL DONATIONS WENT DIRECTLY TO RELIEF EFFORTS.
THE TRAVIS CREDIT UNION'S COMMUNITY FINANCIAL WELLNESS FUND ALSO LAUNCHED LOCAL WILDFIRES RELIEF PROGRAM TO BRING IMMEDIDATE FINANCIAL ASSISTANCE TO THE VICTIMS, FIREFIGHTERS AND COMMUNITIES THAT HAVE BEEN AFFECTED BY THE WILDFIRES. TRAVIS CREDIT UNION IS COVERING ALL ADMINISTRATIVE COSTS, SO THAT 100 PERCENT OF ALL DONATIONS WILL GO DIRECTLY TOWARDS SUPPORTING RECOVERY EFFORTS IN THE LOCAL SERVICE AREA.
THE TRAVIS CREDIT UNION'S COMMUNITY FINANCIAL WELLNESS FUND ALSO HELPED SUPPORT THE VACAVILLE CHRISTMAS WISH FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Damian Alarcon-Young Vice Chairman/president | 5 | $0 | |
Barry Nelson Chairman | 5 | $0 | |
Martin Fleischer Treasurer | 5 | $0 | |
Sandra Wilkerson Secretary | 2 | $0 | |
Jennifer Barton Board Member | 2 | $0 | |
Sherry Cordonnire Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,430 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $146,430 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $262,078 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,925 |
| Other assets | $0 |
| Total assets | $113,925 |
| Total liabilities | $0 |
| Net assets or fund balances | $113,925 |
Grants Awarded
Over the last fiscal year, Travis Credit Unions Community Financial Wellness Fund has awarded $1,819,041 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
Fairfield, CA PURPOSE: TO SUPPORT ORGANIZATIONS THAT PROVIDE FRONTLINE SERVICES TO THOSE IMPACTED BY COVID-19 | $70,000 |
Napa, CA PURPOSE: TO SUPPORT ORGANIZATIONS THAT PROVIDE FRONTLINE SERVICES TO THOSE IMPACTED BY COVID-19 | $54,180 |
Rio Vista, CA PURPOSE: TO SUPPORT ORGANIZATIONS THAT PROVIDE FRONTLINE SERVICES TO THOSE IMPACTED BY COVID-19 | $49,440 |
Concord, CA PURPOSE: TO SUPPORT ORGANIZATIONS THAT PROVIDE FRONTLINE SERVICES TO THOSE IMPACTED BY COVID-19 | $48,430 |
Orinda, CA PURPOSE: TO SUPPORT ORGANIZATIONS THAT PROVIDE FRONTLINE SERVICES TO THOSE IMPACTED BY COVID-19 | $48,035 |
Davis, CA PURPOSE: TO SUPPORT ORGANIZATIONS THAT PROVIDE FRONTLINE SERVICES TO THOSE IMPACTED BY COVID-19 | $46,984 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Travis Credit Unions Community Financial Wellness Fund has recieved totaling $67,628.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $67,600 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meyer Memorial Trust Portland, OR | $1,007,586,458 | $95,771,293 |
The California Wellness Foundation Los Angeles, CA | $1,249,668,748 | $96,883,603 |
Community Finance Corporation Tucson, AZ | $0 | $59,653,037 |
Ford Family Foundation Roseburg, OR | $1,245,594,204 | $103,438,214 |
Visa Foundation San Francisco, CA | $452,119,857 | $75,228,376 |
Pisces Foundation San Francisco, CA | $36,685,219 | $40,456,155 |
The Leonard And Sophie Davis Fund San Francisco, CA | $227,558,478 | $35,284,803 |
Ray And Dagmar Dolby Family Fund San Francisco, CA | $0 | $8,022,175 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $9,993,294 | $9,957,898 |
Mufg Union Bank Foundation Ag Phoenix, AZ | $2,989,069 | $8,302,055 |
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |