Five Star Credit Union Foundation
Preselected recipients only
Five Star Credit Union Foundation is a private foundation in Dothan, Alabama. In tax year 2024 it gave $112,883 in 4 grants; the typical grant was $30,000 and the largest $50,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$112,883
- Number of grants4
- Typical grant$30,000
- Largest grant$50,000
- Assets$1.6 million
- New grantees33%
Giving in 2024 was up from $50,000 the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $50,000 | 4 | $1.5 million |
| 2024 | $112,883 | 4 | $1.6 million |
How to apply
Five Star Credit Union Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Five Star Credit Union Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Alabama.
| State | Grants | Amount |
|---|---|---|
| Alabama | 2 | $52,883 |
| Georgia | 1 | $50,000 |
| Wisconsin | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| College of Coastal Georgia | Scholarships | $50,000 |
| Wallace Community College Sparks Foundation | Scholarships | $50,000 |
| National Credit Union Foundation | General support | $10,000 |
| Individual | Disaster relief | $2,883 |
Officers and trustees
- Mike Bridges
- Robert Steensma
- Wallace Johnson
- Pamela Earp
Questions people ask
Does Five Star Credit Union Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Five Star Credit Union Foundation give?
$112,883 in tax year 2024, across 4 grants, with a typical grant of $30,000.
Who runs Five Star Credit Union Foundation?
Its 2024 filing lists Mike Bridges (Secretary/Treasurer), Robert Steensma (President), Wallace Johnson (Vice President) and Pamela Earp (Board Member).
What does Five Star Credit Union Foundation fund?
Based on its grants, mainly education.