Indiana · Public charity
16 Tech Community Corporation
To foster and enhance entrepreneurship, innovation and economic opportunity through a place-based strategy.
- $392k
- Granted FY2024(still arriving)
- 8
- Itemized grants FY2024
- 7
- Organizations funded FY2023
- 71%
- First-time grantees FY2023
- Itemized, FY2024
- $306k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $25,000
- Largest grant, FY2024
- $100,000
- Organizations funded a year
- 1 to 21
- FY2019 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $157M
How open it is to new grantees
In FY2023, 71% of the organizations 16 Tech Community Corporation funded were first-time grantees, receiving 76% of its grant dollars.
New vs renewed · share of each year
In FY2023, 24% of grant dollars renewed an existing relationship; $220k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 8 | $306k | 75% |
| FY2023 | 7 | $289k | 71% |
| FY2022 | 9 | $325k | 78% |
| FY2021 | 10 | $300k | 50% |
| FY2020 | 21 | $884k | 100% |
| FY2019 | 1 | $395k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.
Top grantees
Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Innovation Hub Building Holding Corporation | $395,220 | 1 | 19% |
| Flanner House of Indianapolis | $202,500 | 4 | 1% |
| Hawthorne Social Service Association Inc | $167,000 | 3 | 2% |
| Marian University | $122,500 | 2 | 0% |
| Be Nimble Foundation Inc | $115,000 | 1 | 96% |
| Believers United in Local Development | $107,000 | 2 | n/a |
| Just Community Inc | $100,000 | 1 | 16% |
| Naptown African American Theatre Collective Inc | $99,600 | 1 | 75% |
| Indy Convergence Inc | $90,000 | 2 | 63% |
| Aspire Higher Foundation Inc | $75,000 | 2 | 2% |
Show all 45 grantees
Where it is load-bearing
16 Tech Community Corporation supplied at least a quarter of the budget for 4 of its grantees at some point. The chart plots its 30 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: The Indianapolis Foundation Inc · Central Indiana Community Foundation Inc · Lilly Endowment Inc · Nina Mason Pulliam Charitable Trust · United Way of Central Indiana Inc · The Mind Trust Inc · Allen Whitehill Clowes Charitable Foundation Inc · Nicholas H Noyes Jr Memorial Foundation · Lumina Foundation for Education Inc · Arthur Dean Family Foundation Inc · Second Helpings Inc · The Brave Heart Foundation Inc
How this is measured
About 16 Tech Community Corporation
- How much does 16 Tech Community Corporation give?
- 16 Tech Community Corporation reported 8 itemized grants totaling $305,500, out of $392,250 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 21 organizations a year over FY2019 to FY2023.
- What does 16 Tech Community Corporation fund?
- By grant dollars over FY2019 to FY2024, its largest causes are Community Improvement (21%), Education (21%), Arts & Culture (12%).
- Who are 16 Tech Community Corporation's largest grantees?
- By total granted over FY2019 to FY2024: Innovation Hub Building Holding Corporation ($395k), Flanner House of Indianapolis ($203k), Hawthorne Social Service Association Inc ($167k).
- Does 16 Tech Community Corporation fund new organizations?
- In FY2023, 71% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as 16 Tech Community Corporation?
- Its strongest co-funders, measured against what their size predicts, include The Indianapolis Foundation Inc, Central Indiana Community Foundation Inc, Lilly Endowment Inc.
- Where is 16 Tech Community Corporation based?
- 16 Tech Community Corporation is based in IN.
Play a game based on 16 Tech’s filings →