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← APCU FOUNDATION INC

Form 990 for tax year 2024

Filed by APCU FOUNDATION INC.

Totals

Total revenue
$308,495
Total expenses
$80,550
Contributions and grants received
$310,852
Grants paid
$80,000
Program service revenue
$0
Investment income
$416
Other revenue
-$2,773
Total assets, end of year
$227,945
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$227,945
Program services expenses (Part IX)
$80,000
Management and general expenses
$550
Fundraising expenses
$0
Program service expenses (Part III)
$80,000

Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $25,621

  • 1d · Related organizations

    $265,661

  • 1f · All other contributions, gifts and grants

    $19,570

  • 1g · Noncash contributions included above

    $1,142

  • 3 · Investment income

    total $416 · excluded $416

  • 7a · Gross sales of assets other than inventory

    other assets $1,142

  • 7b · Less cost or other basis and sales expenses

    other assets $1,142

  • 7c · Gain or loss

    other assets $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $6,406

  • 8a · Fundraising events: contributions included on line 1c

    $25,621

  • 8b · Fundraising events: direct expenses

    $10,179

  • 8c · Net income from fundraising events

    total -$3,773 · excluded -$3,773

  • 9a · Gaming: gross income

    $1,000

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $1,000 · excluded $1,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $80,000 · program services $80,000

  • 11b · Fees: legal

    total $550 · management and general $550

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    end of year $213,379

  • 9 · Prepaid expenses and deferred charges

    end of year $14,566

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $227,945

Mission and programs · 2024

Mission

THE APCU FOUNDATION IS THE PHILANTHROPIC ARM OF APCU AND CENTER PARC CREDIT UNION. THE MISSION OF THE FOUNDATION IS TO MAKE IMPACTFUL INVESTMENTS AND SUPPORT THE COMMUNITIES THAT WE SERVE.

Activities or mission (Part I)

THE APCU FOUNDATION IS THE PHILANTHROPIC ARM OF APCU AND CENTER PARC CREDIT UNION.

  • THE APCU FOUNDATION MAKES CHARITABLE CONTRIBUTIONS AND IMPACTFUL INVESTMENTS IN THE COMMUNITIES WE SERVE. THOSE CONTRIBUTIONS AND INVESTMENTS INCLUDE COLLEGE SCHOLARSHIPS, FINANCIAL LITERACY EDUCATION, DISASTER RELIEF, CHILDREN'S HEALTH AND WELFARE INITIATIVES, AND CAUSES AIMED AT HELPING VETERANS. THE FOUNDATION ALSO WORKS TO PROMOTE INITIATIVES FOR THOSE SEEKING FOOD, HOUSING, HEALTH, AND WELLNESS ASSISTANCE.

    Expenses $80,000 · Grants $80,000

As filed on the 2024 return.

Listed in Part VII

  • BLAKE GRAHAM

    CEO

    Total calculated
    $628,544
    From this org
    $0
    From related orgs
    $588,790
    Other
    $39,754
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $502,216 related
    Bonus
    $0 + $75,000 related
    Other
    $0 + $11,574 related
    Deferred
    $0 + $3,836 related
    Nontaxable benefits
    $0 + $35,918 related
    Filer's total
    $0 + $628,544 related

  • RACHAEL MARTIN

    CF0. TREASURER

    Total calculated
    $346,990
    From this org
    $0
    From related orgs
    $326,879
    Other
    $20,111
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $299,879 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $2,000 related
    Deferred
    $0 + $6,042 related
    Nontaxable benefits
    $0 + $14,069 related
    Filer's total
    $0 + $346,990 related

  • AMANDA MARCHESE

    SECRETARY

    Total calculated
    $149,892
    From this org
    $0
    From related orgs
    $109,983
    Other
    $39,909
    Hours/week
    1 + 40 related

  • ASHLEY KELLEY

    DIRECTOR

    Total calculated
    $271,192
    From this org
    $0
    From related orgs
    $235,650
    Other
    $35,542
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $208,650 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $2,000 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $35,542 related
    Filer's total
    $0 + $271,192 related

  • BLAKE WESTBROOK

    DIRECTOR

    Total calculated
    $219,488
    From this org
    $0
    From related orgs
    $200,237
    Other
    $19,251
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $178,290 related
    Bonus
    $0 + $20,000 related
    Other
    $0 + $1,947 related
    Deferred
    $0 + $5,219 related
    Nontaxable benefits
    $0 + $14,032 related
    Filer's total
    $0 + $219,488 related

  • JOHN ANDERSON

    DIRECTOR

    Total calculated
    $315,317
    From this org
    $0
    From related orgs
    $269,614
    Other
    $45,703
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $245,114 related
    Bonus
    $0 + $22,500 related
    Other
    $0 + $2,000 related
    Deferred
    $0 + $10,161 related
    Nontaxable benefits
    $0 + $35,542 related
    Filer's total
    $0 + $315,317 related

  • KIMBERLEY LEE

    DIRECTOR

    Total calculated
    $121,517
    From this org
    $0
    From related orgs
    $84,214
    Other
    $37,303
    Hours/week
    1 + 40 related

  • PHIL UPCHURCH

    DIRECTOR

    Total calculated
    $4,500
    From this org
    $0
    From related orgs
    $4,500
    Other
    $0
    Hours/week
    1 + 1 related

  • RYAN BUSENITZ

    DIRECTOR

    Total calculated
    $161,428
    From this org
    $0
    From related orgs
    $132,973
    Other
    $28,455
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $130,973 related
    Bonus
    $0
    Other
    $0 + $2,000 related
    Deferred
    $0 + $4,846 related
    Nontaxable benefits
    $0 + $23,609 related
    Filer's total
    $0 + $161,428 related

  • TIM PAYNE

    DIRECTOR

    Total calculated
    $24,232
    From this org
    $0
    From related orgs
    $24,232
    Other
    $0
    Hours/week
    1 + 1 related

  • VANESSA MEEK

    DIRECTOR

    Total calculated
    $26,062
    From this org
    $0
    From related orgs
    $26,062
    Other
    $0
    Hours/week
    1 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • THE FRIENDS OF THE MIRACLE LEAGUE

    $50,000

    SPONSORSHIP OF MIRACLE LEAGUE

  • CHILDREN'S MIRACLE NETWORK

    $20,000

    CASH - GENERAL OPERATIONS

  • THE POSTAL EMPLOYEE'S RELIEF FUND

    $10,000

    CASH - GENERAL OPERATIONS

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
24 October 2025
IRS schema version
2024v5.2
Source object
202503019349300335

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