FRANKLIN MINT FEDERAL CREDIT UNION FOUNDATION INC
5 HILLMAN DR STE 100 NO 304, CHADDS FORD, PA 193179998 www.fmfcufoundation.org

Total Revenue
$105,611
Total Expenses
$118,950
Net Assets
$250,301

Organizations Filed Purposes: THE FMFCU FOUNDATION IS THE CHARITABLE ARM OF THE FRANKLIN MINT FEDERAL CREDIT UNION WHOSE PRIMARY MISSION IS TO COLLECT AND DISTRIBUTE FUNDS THAT SUPPORT CHARITABLE CAUSES AND EDUCATION AS WELL AS THE IMPLEMENTATION OF FINANCIAL LITERACY INITIATIVES WITHIN THE COMMUNITY IN WHICH FMFCU SERVES.

THE FOUNDATION MANAGES AND PROVIDES FINANCIAL SUPPORT TO THE ANNUAL DELCO HI-Q ACADEMIC COMPETITION FOR HIGH SCHOOL STUDENTS CO - SPONSORED BY THE FOUNDATION AND THE DELAWARE COUNTY INTERMEDIATE UNIT. THE FOUNDATION ALSO SUPPORTS ELEMENTARY SCHOOLS IN SPONSORING EDUCATIONALLY BASED FIELD TRIPS FOR STUDENTS AND FINANCIAL LITERACY PROGRAMS IN ELEMENTARY, MIDDLE AND HIGH SCHOOLS. AWARDS ARE ALSO GIVEN ANNUALLY TO HIGH SCHOOLS, TO HONOR THEIR TEACHERS WHO EXEMPLIFY SUPPORT FOR FINANCIAL LITERACY THAT THIS FOUNDATION PROMOTES TO YOUTHS AND FOR TEACHING EXCELLENCE. THE FOUNDATION REACHES THOUSANDS OF STUDENTS IN FINANCIAL LITERACY LESSONS IN SOUTHEASTERN PENNSYLVANIA AND NORTHERN DELAWARE.

THE BERENSTAIN BEARS FINANCIAL LITERACY PROGRAM - BEAR COUNTRY CREDIT UNION IS AN ELEVEN HUNDRED SQUARE-FOOT FINANCIAL LITERACY CENTER, LOCATED AT FRANKLIN MINT FEDERAL CREDIT UNION CORPORATE OFFICES IN BROOMALL, THAT CREATES A HANDS-ON, INTERACTIVE EXPERIENCE FOR YOUNG CHILDREN TO LEARN ABOUT MONEY. THE PROGRAM COMMENCED IN 2013. AS PART OF THE EXPERIENCE, KINDERGARTEN THROUGH THIRD-GRADE STUDENTS RECEIVE A VISIT AT THEIR SCHOOL FROM AN FMFCU FOUNDATION EDUCATOR. THE VISIT INCLUDES A READING OF THE BERENSTAIN BEARS' "TROUBLE WITH MONEY". SOMETIME AFTER, STUDENTS TAKE A SCHOOL FIELD TRIP TO AN FMFCU BRANCH AND THEN EXPLORE BEAR COUNTRY CREDIT UNION. IT IS THERE THAT CHILDREN LEARN CONCEPTS OF SAVE, SPEND AND SHARE BY ASSUMING ROLES OF BEAR TELLERS, MEMBER SERVICE REPRESENTATIVES, AND BRANCH MANAGER FOR AN IMPACTFUL LEARNING EXPERIENCE.

TEACHER MINI GRANTS - FRANKLIN MINT FEDERAL CREDIT UNION FOUNDATION FUNDS INNOVATIVE EDUCATIONAL EXPERIENCES FOR K-12 STUDENTS THAT MAY NOT OTHERWISE BE FUNDED IN THE 2018-2019 SCHOOL YEAR. TEACHERS MAY REQUEST FUNDS FOR CLASSROOM SUPPLIES, TECHNOLOGY, BOOKS, FUNDING FOR CLASSROOM PROJECTS OR PROGRAMS. AMOUNTS GIVEN ARE UP TO $500 PER APPLICANT. APPLICANTS MUST TEACH AT A SCHOOL LOCATED IN CHESTER, DELAWARE, MONTGOMERY, NEW CASTLE COUNTIES, WEST PHILADELPHIA, OR UNIVERSITY CITY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Richard V Durante JrEXECUTIVE DIRECTOR16$20,000
Kate McgeeverDIRECTOR1$0
William TaylorDIRECTOR1$0
Dr Joseph O'BrienDIRECTOR1$0
Dr Lois SnyderDIRECTOR1$0
Michael B MagnavitaTREASURER1$0
Drew StanleyVICE PRESIDENT/SECRETARY1$0
Dr Harry J JamisonPRESIDENT1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013219349318326_public.xml