Program areas at Lake Trust Credit Union Foundation
Lake Trust Credit Union Foundation awards grants to organizations whose purpose and core value is to make a difference by investing in community development, health and the arts, creating vibrant neighborhoods, a stronger Michigan, and a better world. Specifically, the Lake Trust Credit Union Foundation awarded two grants totaling $20,000. This was provided to assist with various programs in Michigan for housing, investing, and teen programs.
The Lake Trust Credit Union Foundation awarded community organizations $116,700, community food banks $93,821 and assistance programs throughout mid-michigan a total of $5,293. This will help to support community development and families in need with food and personal supplies throughout the year.
The Lake Trust Credit Union Foundation awarded six graduating Michigan high school seniors a varying dollar amount scholarship totaling $30,000 to attend a Michigan university, college or vocational school.
Grants made by Lake Trust Credit Union Foundation
Who funds Lake Trust Credit Union Foundation
Grants from foundations and other nonprofits
Personnel at Lake Trust Credit Union Foundation
| Name | Title | Compensation | Date of data |
|---|
| David Snodgrass | President | $0 | 2023-10-19 |
| Brandalynn Winchester-Middlebrook | Board , Treasurer | $0 | 2022-12-31 |
| Raynor Zillgitt | Board , Secretary | $0 | 2022-12-31 |
| Jane Kile | Board , Vice President | $0 | 2021-12-31 |
Financials for Lake Trust Credit Union Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $267,407 | $350,041 | -23.6% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $1,298 | $103 | 1160.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $-7,661 | $-5,529 | -38.6% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $261,044 | $344,615 | -24.3% |
Organizations like Lake Trust Credit Union Foundation
| Organization | Type | Location | Revenue |
|---|
| Alabama Credit Union Foundation | 501(c)(3) | Tuscaloosa, AL | $413,492 |
| Georgia's Own Foundation | 501(c)(3) | Atlanta, GA | $365,963 |
| Blue Federal Credit Union Foundation | 501(c)(3) | Cheyenne, WY | $343,645 |
| Affinity Federal Credit Union Foundation | 501(c)(3) | Basking Ridge, NJ | $398,525 |
| Northwest Federal Credit Union Foundation | 501(c)(3) | Herndon, VA | $334,269 |
| New York Credit Union Foundation | 501(c)(3) | Albany, NY | $227,167 |
| Community Choice Credit Union Foundation | 501(c)(3) | Johnston, IA | $96,970 |
| Occu Foundation | 501(c)(3) | Eugene, OR | $901,213 |
| Heartland Credit Union Charitable Foundation | 501(c)(3) | Plano, TX | $337,165 |
| Charlotte Hornets Foundation | 501(c)(3) | Charlotte, NC | $410,729 |
Data update history
December 27, 2023
Received grants
Identified 1 new grant, including a grant for $114,173 from Lake Trust Credit Union December 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsCredit unionsCharities
Issues
Human servicesCommunity improvementHunger
Characteristics
Provides grantsFundraising eventsState / local levelProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
- Address
- 4605 S Old Us Hwy 23
- Brighton, MI 48114
- Metro area
- Detroit-Warren-Dearborn, MI
- County
- Livingston County, MI
- Website URL
- laketrust.org/foundation/Â
- Phone
- (888) 267-7200
IRS details
- EIN
- 45-5332078
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2012
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T30: Public Foundations
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Independent
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