National Foundation for Credit

WASHINGTON, DC EIN: 53-0132493 Website

TO LEAD A NATIONAL MOVEMENT THAT BETTER EQUIPS AMERICANS TO MANAGE THEIR FINANCIAL FUTURES AND, IN TURN, ADVANCES THE ECONOMY AND OUR NATION AS A WHOLE. FOUNDED IN 1951, THE NATIONAL FOUNDATION FOR CREDIT COUNSELING (NFCC) IS THE OLDEST NONPROFIT DEDICATED TO IMPROVING PEOPLE'S FINANCIAL WELL-BEING. WITH 52 MEMBER AGENCIES AND OVER 1,200 NFCC CERTIFIED CREDIT COUNSELORS SERVING 50 STATES AND ALL U.S. TERRITORIES, OUR NFCC CERTIFIED CREDIT COUNSELORS ARE FINANCIAL ADVOCATES, EMPOWERING MILLIONS OF CONSUMERS TO TAKE CHARGE OF THEIR FINANCES THROUGH ONE-ON-ONE FINANCIAL REVIEWS THAT ADDRESS CREDIT CARD DEBT, STUDENT LOANS, HOUSING DECISIONS, AND OVERALL MONEY MANAGEMENT.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$6.3M

-17.7% YoY

Annual Giving

$1.5M

-54.2% YoY

Grant Count

38

-5.0% YoY

Avg Grant Size

$40K

-51.8% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$6,325,266$7,689,049$9,402,187
Revenue$8,621,347$9,663,493$9,648,541
Expenses$8,989,733$10,982,606$9,984,405
Qualifying Distributions
Net Investment Income$124,486$-59,882$861
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$827K$2M$2M$3M39 grants202043 grants202139 grants202240 grants202338 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MONEY MANAGEMENT INTERNA…$281KINCHARGE DEBT SOLUTION$110KFAMILY SERVICE ASSOCIATION$82KCONSUMER CREDIT COUNSELI…$72KCONSUMER CREDIT COUNSELI…$65KSPRINGBOARD NONPROFIT CO…$63KCAMBRIDGE CREDIT COUNSEL…$62KCONSUMER CREDIT COUNSELI…$58KCONSUMER CREDIT COUNSELI…$55KHOUSING AND CREDIT COUNS…$51K

Grant Size Distribution

199 grants across all recorded years

112<$50K50$50–100K28$100–250K9$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does National Foundation for Credit fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MICHAEL CROXSONCEO$509KJENNIFER LANDIS PIZICOO$314KKRISTIN ALEXANDERCDO - UNTIL 11/2024$196KHERMOND PALMERVP, OUTREACH & INCLUSION$193KELLEN GOURYVP, FINANCE & HR$179KMATTHEW RIBEGENERAL COUNSEL$179KBRUCE MCCLARYSVP, MEDIA RELATIONS & MEMBE…$143KJESSICA BLAISSVP, MARKETING$137K

From 2024 filing

NameTitleHoursCompensation
JAY DESMARTEAUCHAIR AS OF 08/20241
DEBBIE BIANUCCICHAIR UNTIL 08/20241
GENGER CHARLESVICE CHAIR1
JIM TRIGGSSECRETARY1
FAISAL UDDINTREASURER1
GLORIA BANKSTRUSTEE UNTIL 05/20241
GARY VOLLMERTRUSTEE1
CHRISTOPHER CAMAIONE-LINDTRUSTEE1
GEORGE JANASTRUSTEE1
CHRISTOPHER VIALETRUSTEE1
SARAH GOLDFRANKTRUSTEE1
ELEANOR HOHMANTRUSTEE1
AMY HELENTRUSTEE1
JILL FELDMANTRUSTEE1
MICHAEL GROSSBERGTRUSTEE1
KAVITA KAMDARTRUSTEE1
KRISTEN HOLTTRUSTEE1
MICHAEL CROXSONCEO50$508,543
ELLEN GOURYVP, FINANCE & HR50$178,831
JENNIFER LANDIS PIZICOO50$314,205
KRISTIN ALEXANDERCDO - UNTIL 11/202450$196,477
BRUCE MCCLARYSVP, MEDIA RELATIONS & MEMBERSHIP50$142,606
MATTHEW RIBEGENERAL COUNSEL50$178,640
HERMOND PALMERVP, OUTREACH & INCLUSION50$193,287
JESSICA BLAISSVP, MARKETING50$136,908

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

27states
+20 more states

Cities

AgawaAgawamAshevillAshevilleAuburndaleBaltimoreBloomingtonCarlsbadChicagoColumbiaColumbusDaytonDuluthEast MobileFargoFarmington HillsFayettevilleFort LauderdaleFreeholdGahanna

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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