To be the best partner in the communities we serve; provide resources through monetary donations and staff support where there are significant gaps in services.
Ih Mississippi Valley Credit Union pairs corporate donations with member-facing scholarships, and its recent grants show both sides of that approach. The largest awards in the record went to Illinois Credit Union League, including $26,000 in 2024 and $21,000 in 2025, alongside other larger institutional gifts to organizations such as Quad City Veteran Outreach, River Bend Food Bank, and Boys and Girls Clubs of the Mississippi Valley Inc. Those grants sit next to a scholarship platform for members and students, including the Warren A. Morrow Memorial Scholarship and the IHMVCU Cash for Class Scholarship. The foundation also uses sponsorships as a giving tool, with monthly-reviewed community requests and staff support listed as part of its support model. Its stated purpose is to serve communities where there are gaps in services, and the grant record reflects a mix of credit union infrastructure, local service organizations, and education-related support. Recent grantees in the Quad Cities area include Davenport Community School District, YWCA, and Living Lands & Waters.
Human services, military, and youth and education are the clearest program areas in the foundation’s community funding work. The donation and sponsorship process is built for local requests, with monthly review and typical awards of $500 to $2,500. In education, the Warren A. Morrow Memorial Scholarship supports IHMVCU members entering post-secondary or vocational programs, while the IHMVCU Cash for Class Scholarship provides awards up to $10,000 for undergraduate, graduate, and vocational or technical students from the membership area. The grant record also shows support for institutions tied to education and youth development, including Western Illinois University Foundation and Davenport Community School District. Community sponsorships extend to local organizations through monetary donations and staff support.
Typical grant size is small to mid-sized for community requests, with p25 at $8,000, a median of $10,000, and p75 at $16,500 in the recent grant data. The foundation gives both routine local awards and larger corporate donations, with monthly review used for community funding and sponsorship requests. Its patterns also include recurring support: Illinois Credit Union League appears in both 2024 and 2025, and Boys and Girls Clubs of the Mississippi Valley Inc appears in both years as well. The funder operates as a credit union philanthropy program rather than an independent grantmaker, and it combines donations, sponsorships, and scholarship programs.
$111K
$2.2B
$158.2M
$145.8M
Most grants fall between $8K and $17K, with a median of $10K.
25th Percentile
$8K
Median
$10K
75th Percentile
$17K
ALLAN HOSACK
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Grantmaking is regional and heavily centered in Illinois, which accounts for 71% of grants. Recent recipient cities include Moline, East Moline, Rock Island, Naperville, and Macomb in Illinois, plus Davenport and a broader Quad Cities footprint across the river in Iowa. The record is entirely U.S.-based, with all listed grants going to recipients in the United States.
Its community funding priorities are Human Services, Military, and Youth & Education. The grant list also shows corporate donations to food access, youth development, school districts, veteran outreach, and credit union-sector organizations.
Yes. The community funding and sponsorship request programs accept unsolicited requests, and those requests are reviewed monthly by the Donations & Sponsorship Committee.
Community funding and sponsorship requests are typically awarded at $500 to $2,500. Separately, the overall recent grant record shows a p25 of $8,000, a median of $10,000, and a p75 of $16,500.
The Warren A. Morrow Memorial Scholarship is for IHMVCU members planning to enroll in post-secondary or vocational programs. The IHMVCU Cash for Class Scholarship awards undergraduate, graduate, and vocational or technical students from the membership area, with awards up to $10,000.
Illinois is the top state by grant count, with 71% of grants going to recipients in the HQ state. The recent grants also reach nearby Iowa communities, especially in the Quad Cities area.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Current and upcoming funding from Ih Mississippi Valley Credit Union that your nonprofit may be able to apply for.
Who can apply: Requests must support one of the three priority areas; requests must be submitted 90 days prior to the event and generally will not be accepted for individual benefit, athletic teams, service clubs, lobbying activities, or projects outside the service area.
Deadline: Submitted 90 days prior to event; reviewed monthly.
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Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| QUAD CITY VETERAN OUTREACH | DAVENPORT, IA | $25,250 | 2025 | CORPORATE DONATION |
| ILLINOIS CREDIT UNION LEAGUE | NAPERVILLE, IL | $21,000 | 2025 | CORPORATE DONATION |
| RIVER BEND FOOD BANK | DAVENPORT, IA | $15,000 | 2025 | CORPORATE DONATION |
| CREDIT UNION NATIONAL ASSOCIATION | MADISON, WI | $15,000 | 2025 | CORPORATE DONATION |
| BOYS AND GIRLS CLUBS OF THE MISSISSIPPI VALLEY INC | MOLINE, IL | $12,500 | 2025 | CORPORATE DONATION |
| DAVENPORT COMMUNITY SCHOOL DISTRICT | DAVENPORT, IA | $9,050 | 2025 | CORPORATE DONATION |
| YWCA | ROCK ISLAND, IL | $8,000 | 2025 | CORPORATE DONATION |
| YMCA OF THE IOWA MISSISSIPPI VALLEY | DAVENPORT, IA | $5,500 | 2025 | CORPORATE DONATION |
| ILLINOIS CREDIT UNION LEAGUE | NAPERVILLE, IL | $26,000 | 2024 | CORPORATE DONATION |
| BOYS AND GIRLS CLUBS OF THE MISSISSIPPI VALLEY INC | MOLINE, IL | $18,000 | 2024 | CORPORATE DONATION |
| CREDIT UNION NATIONAL ASSOCIATION | WASHINGTON, DC | $15,000 | 2024 | CORPORATE DONATION |
| LIVING LANDS & WATERS | EAST MOLINE, IL | $10,000 | 2024 | CORPORATE DONATION |
| WESTERN ILLINOIS UNIVERSITY FOUNDATION | MACOMB, IL | $8,500 | 2024 | CORPORATE DONATION |
| NATIONAL CREDIT UNION FOUNDATION INC | MADISON, WI | $7,500 | 2024 | CORPORATE DONATION |
| THE GRAY MATTERS COLLECTIVE | MOLINE, IL | $5,250 | 2024 | CORPORATE DONATION |
| RIVER BEND FOODBANK | DAVENPORT, IA | $15,000 | 2023 | CORPORATE DONATION |
| LIVING LANDS & WATERS RESTORATION ORGANIZATION | EAST MOLINE, IL | $10,000 | 2023 | CORPORATE DONATION |
| NATIONAL CREDIT UNION FOUNDATION | MADISON, WI | $7,500 | 2023 | CORPORATE DONATION |
QUAD CITY VETERAN OUTREACH
$25,250CORPORATE DONATION
ILLINOIS CREDIT UNION LEAGUE
$21,000CORPORATE DONATION
CREDIT UNION NATIONAL ASSOCIATION
$15,000CORPORATE DONATION
DAVENPORT COMMUNITY SCHOOL DISTRICT
$9,050CORPORATE DONATION
ILLINOIS CREDIT UNION LEAGUE
$26,000CORPORATE DONATION
CREDIT UNION NATIONAL ASSOCIATION
$15,000CORPORATE DONATION
LIVING LANDS & WATERS
$10,000CORPORATE DONATION
THE GRAY MATTERS COLLECTIVE
$5,250CORPORATE DONATION
LIVING LANDS & WATERS RESTORATION ORGANIZATION
$10,000CORPORATE DONATION
