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    Horizon Credit Union logo

    Horizon Credit Union

    ActivePublic & Society BenefitMakes PRIs
    SPOKANE VALLEY, WAWebsite5099286494

    About Horizon Credit Union

    We are proud to invest in the future by offering scholarships that support students on their path to academic success. At HZCU, we believe college education is one of the wisest investments you can make and we’re committed to helping you achieve your educational goals.

    Focus Areas

    education/scholarshipsfinancial literacycommunity development

    Who They Fund

    qualifying womenchildrenfamilieslocal community members/residents

    Funding Style

    event and sponsorship supportgeneral/unrestricted operating supportdirect service fundingprogrammatic/grant support

    Topics

    About Horizon Credit Union

    A defining thread in Horizon Credit Union’s grantmaking is education support tied to scholarships, paired with practical community assistance in housing, food access, and family services. The credit union says it is investing in the future through scholarships that support students on the path to academic success, and its recent grant record shows that commitment across Washington, Idaho, and Montana. The largest recent award in the list was a $25,000 sponsorship to Kxly Community Partners Foundation in Spokane for the Extreme Team Sponsor program, followed by another $25,000 grant to the same organization in the prior year. Alongside event and sponsorship support, the foundation also funded housing work through Neighborhood Housing Services Dba Neighborworks Boise and Neighborworks of Great Falls, indicating a mix of education-focused giving and place-based community support. The foundation’s own scholarship programs reinforce that pattern. The Fred (Freddy) G. Searle, Jr. Memorial Endowed Scholarship honors leadership in credit union development in Butte, Montana, while the Halstead Scholarship for Higher Education and the Mabel Allen Memorial Scholarship support students at named universities in the region. That combination of named scholarships, sponsorships, and direct service grants gives a clear picture of how Horizon Credit Union funds.

    What Horizon Credit Union Funds

    Education is the most clearly defined theme in Horizon Credit Union’s giving. The Halstead Scholarship for Higher Education supports students at Eastern Washington University, the University of Idaho, and Washington State University, and the Mabel Allen Memorial Scholarship serves University of Montana students in the School of Business Administration. Horizon also describes scholarships as part of its commitment to academic success. Beyond higher education, the foundation funds housing-related work. It gave $13,192 to Neighborhood Housing Services Dba Neighborworks Boise for general support for building and improving homes, and $10,000 to Neighborhood Housing Services Dba Neighborworks of Great Falls for the same purpose. Food access is another recurring area: $8,600 went to Second Harvest for a food bank, and $5,500 went to Feed Spokane for meals for community members. It also supported family services through Women & Children’s Free Restaurant for meals and groceries for qualifying women, children, and families.

    How Horizon Credit Union Gives

    Financial Snapshot

    Annual Giving

    $148K

    Total Assets

    $2.1B

    Total Revenue

    $110.2M

    Total Expenses

    $104.8M

    Typical Grant Size

    Most grants fall between $6K and $12K, with a median of $8K.

    25th Percentile

    $6K

    Median

    $8K

    75th Percentile

    $12K

    Geographic Reach

    Regional3 states funded

    About 64% of grants go to recipients in WA.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    JEFF ADAMS

    Accepts unsolicited proposals

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    Privacy PolicyTerms of ServiceSystem Status
    EIN: 91-0567788
    2 filings on record
    home building and repair (affordable housing)food security and meal provisionfood pantry operations and distributionfamily support serviceseducational support tied to food programsfundraising/event-driven philanthropy

    Horizon Credit Union’s recent grants cluster around a fairly narrow size band: the 25th percentile is $5,625, the median is $8,050, and the 75th percentile is $12,394. That points to a pattern of moderate-size awards, with a small number of larger sponsorships at the top end. The grant list also shows repeat support over consecutive years, including the same Spokane sponsorship in 2023 and 2024, which suggests recurring relationships rather than one-time gifts only. Horizon is a regular funder, and it also makes program-related investments. The active scholarship programs are structured and named, and one of them explicitly accepts unsolicited applications.

    Where Horizon Credit Union Makes Grants

    Most grants land in Washington, which accounts for 64% of recipients in the foundation’s giving pattern. Spokane appears repeatedly, including grants to Kxly Community Partners Foundation, Second Harvest, Women & Children’s Free Restaurant, Habitat for Humanity, and Feed Spokane. Other recipient cities include Boise, Seatac, Great Falls, Bozeman, and Moses Lake. Grantmaking is regional, with recipients also in Idaho and Montana. Every grant in the provided recent list went to a U.S. organization.

    Frequently Asked Questions About Horizon Credit Union

    What are Horizon Credit Union’s main focus areas?

    The foundation’s stated focus areas are education and scholarships, financial literacy, and community development. Recent grants also show support for housing, food security, food pantry operations, family support services, and event or sponsorship-based philanthropy.

    What is the typical grant size?

    Recent grants are usually in the mid-thousands. The 25th percentile is $5,625, the median is $8,050, and the 75th percentile is $12,394, showing a pattern of moderate awards rather than very large one-off gifts.

    Does Horizon Credit Union make recurring grants?

    Yes. The grant list includes the same $25,000 sponsorship to Kxly Community Partners Foundation in both 2023 and 2024, which shows repeat support across multiple years.

    What kinds of scholarships does Horizon Credit Union offer?

    It offers named scholarships including the Fred (Freddy) G. Searle, Jr. Memorial Endowed Scholarship, the Halstead Scholarship for Higher Education, and the Mabel Allen Memorial Scholarship. These are tied to higher education, with eligibility connected to specific universities or academic programs.

    What is the geographic reach of the grantmaking?

    The foundation gives regionally in the U.S., with 64% of grants going to recipients in Washington. Recent recipients are also located in Idaho and Montana, including Spokane, Boise, Great Falls, Bozeman, and Moses Lake.

    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    KXLY COMMUNITY PARTNERS FOUNDATIONSPOKANE, WA$25,0002024EXTREME TEAM SPONSOR
    GOWEST CREDIT UNION FOUNDATIONSEATAC, WA$15,2412024CREDIT UNION FOUNDATION CONTRIBUTION
    NEIGHBORHOOD HOUSING SERVICES DBA NEIGHBORWORKS BOISEBOISE, ID$13,1922024GENERAL SUPPORT FOR BUILDING AND IMPROVING HOMES
    NEIGHBORHOOD HOUSING SERVICES DBA NEIGHBORWORKS OF GREAT FALLSGREAT FALLS, MT$10,0002024GENERAL SUPPORT FOR BUILDING AND IMPROVING HOMES
    HUMAN RESOURCE DEVELOPMENT COUNCILBOZEMAN, MT$6,0002024BOAR SPONSORSHIP
    BIG BEND COMMUNITY COLLEGE FOUNDATIONMOSES LAKE, WA$5,2502024FOOD PANTRY/EDUCATION SUPPORT
    KXLY COMMUNITY PARTNERS FOUNDATIONSPOKANE, WA$25,0002023EXTREME TEAM SPONSOR
    NORTHWEST CREDIT UNION ASSOCIATIONSEATAC, WA$10,0002023CREDIT UNIONS FOR KIDS SPONSORSHIP - MIRACLE FAMILY SPONSOR
    SECOND HARVESTSPOKANE, WA$8,6002023FOOD BANK
    WOMEN & CHILDREN'S FREE RESTAURANTSPOKANE, WA$7,5002023MEALS AND GROCERIES TO FOR QUALIFYING WOMEN, CHILDREN AND FAMILIES
    HABITAT FOR HUMANITYSPOKANE, WA$6,1002023GENERAL SUPPORT FOR BUILDING AND IMPROVING HOMES
    BIG BROTHERS BIG SISTERS OF SW IDAHOBOISE, ID$5,5002023BIG RACE AT TAMARACK SPONSORSHIP
    IDAHO YOUTH RANCHBOISE, ID$5,5002023UNITE FOR HOPE GALA SPONSOR/FUND -A-NEED DONATION
    FEED SPOKANESPOKANE VALLEY, WA$5,5002023GENERAL SUPPORT FOR PROVIDING MEALS FOR THOSE IN THE COMMUNITY.

    KXLY COMMUNITY PARTNERS FOUNDATION

    $25,000
    SPOKANE, WA2024

    EXTREME TEAM SPONSOR

    GOWEST CREDIT UNION FOUNDATION

    $15,241
    SEATAC, WA2024

    CREDIT UNION FOUNDATION CONTRIBUTION

    NEIGHBORHOOD HOUSING SERVICES DBA NEIGHBORWORKS BOISE

    $13,192
    BOISE, ID2024

    GENERAL SUPPORT FOR BUILDING AND IMPROVING HOMES

    NEIGHBORHOOD HOUSING SERVICES DBA NEIGHBORWORKS OF GREAT FALLS

    $10,000
    GREAT FALLS, MT2024

    GENERAL SUPPORT FOR BUILDING AND IMPROVING HOMES

    HUMAN RESOURCE DEVELOPMENT COUNCIL

    $6,000
    BOZEMAN, MT2024

    BOAR SPONSORSHIP

    BIG BEND COMMUNITY COLLEGE FOUNDATION

    $5,250
    MOSES LAKE, WA
    2024

    FOOD PANTRY/EDUCATION SUPPORT

    KXLY COMMUNITY PARTNERS FOUNDATION

    $25,000
    SPOKANE, WA2023

    EXTREME TEAM SPONSOR

    NORTHWEST CREDIT UNION ASSOCIATION

    $10,000
    SEATAC, WA2023

    CREDIT UNIONS FOR KIDS SPONSORSHIP - MIRACLE FAMILY SPONSOR

    SECOND HARVEST

    $8,600
    SPOKANE, WA2023

    FOOD BANK

    WOMEN & CHILDREN'S FREE RESTAURANT

    $7,500
    SPOKANE, WA2023

    MEALS AND GROCERIES TO FOR QUALIFYING WOMEN, CHILDREN AND FAMILIES

    HABITAT FOR HUMANITY

    $6,100
    SPOKANE, WA2023

    GENERAL SUPPORT FOR BUILDING AND IMPROVING HOMES

    BIG BROTHERS BIG SISTERS OF SW IDAHO

    $5,500
    BOISE, ID2023

    BIG RACE AT TAMARACK SPONSORSHIP

    IDAHO YOUTH RANCH

    $5,500
    BOISE, ID2023

    UNITE FOR HOPE GALA SPONSOR/FUND -A-NEED DONATION

    FEED SPOKANE

    $5,500
    SPOKANE VALLEY, WA2023

    GENERAL SUPPORT FOR PROVIDING MEALS FOR THOSE IN THE COMMUNITY.