International : Development and Relief Services

Worldwide Foundation for Credit Unions

Assisting credit union systems and members

three stars

86.84

5710 Mineral Point Road Madison, WI 53705
tel: (608) 395-2000   Web Site
EIN: 39-6093210

Board Leadership
Bill Cheney
Chair

CEO
Brian Branch
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 86.84 three stars
  Financial 89.00 three stars
  Accountability & Transparency 85.00 three stars
This rating was published 06/01/2019 and includes data from FY2017, the most recent 990 received at that time.

The Worldwide Foundation for Credit Unions is the official fundraising and gift-receiving organization for the World Council of Credit Unions (WOCCU). WOCCU is the global trade association and development agency for credit unions. WOCCU promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. WOCCU advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.

The Worldwide Foundation for Credit Unions is the official fundraising and gift-receiving organization for the World Council of Credit Unions (WOCCU). WOCCU is the global trade association and development agency for credit unions. WOCCU promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. WOCCU advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Gold Seal of Transparency for voluntarily and publicly describing their goals, strategies, and accomplishments.  Learn More about Impact Information.
Charting Impact

What is your organization aiming to accomplish?

What are your strategies for making this happen?

What are your organization's capabilities for doing this?

How will your organization know if you are making progress?

What have and haven't you accomplished so far?

This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

89.00

Accountability & Transparency

three stars

85.00

This rating was published 06/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.5%
  Administrative Expenses 14.0%
  Fundraising Expenses 4.3%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.28
  Program Expenses Growth 11.4%
  Liabilities to Assets 26.5%
All data for Financial Performance Metrics calculations was provided by Worldwide Foundation for Credit Unions on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Worldwide Foundation for Credit Unions on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,462,145
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,462,145
   Program Service Revenue $1,197,095
Total Primary Revenue $2,659,240
   Other Revenue $0
TOTAL REVENUE $2,659,240
   
EXPENSES  
   Program Expenses $2,247,456
   Administrative Expenses $302,938
   Fundraising Expenses $87,707
TOTAL FUNCTIONAL EXPENSES $2,638,101
   
Payments to Affiliates $0
Excess (or Deficit) for the year $21,139
   
Net Assets $592,979

Charts

Compensation % of Expenses Paid to Title Compensation from Affiliates
Not compensated -- Brian Branch President, CEO $352,720

Mission

The Worldwide Foundation for Credit Unions is the official fundraising and gift-receiving organization for the World Council of Credit Unions (WOCCU). WOCCU is the global trade association and development agency for credit unions. WOCCU promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. WOCCU advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.

Highly Rated

Charity Name & State Overall Score Overall Rating
Worldwide Foundation for Credit Unions (WI) 86.84 three stars
Givedirectly Inc. (NY) 94.34 four stars
Mercy-USA for Aid and Development (MI) 94.69 four stars
Give2Asia (CA) 85.57 three stars
Health In Harmony (OR) 92.06 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

Worldwide Foundation for Credit Unions
5710 Mineral Point Road
Madison, WI 53705
tel: (608) 395-2000
fax: (608) 395-2001
EIN: 39-6093210

Visit Web Site

Board Leadership

Bill Cheney
Chair

CEO

Brian Branch
President, CEO