Nebraska · Public charity
Albion Economic Development Corporation
Organization's mission is to promote development in the albion trade area by loaning funds or furnishing sites and buildings for industries interested in locating in albion and its trade territory.
- $76k
- Granted FY2025(still arriving)
- 2
- Itemized grants FY2025
- 4
- Organizations funded FY2024
- 50%
- First-time grantees FY2024
- Itemized, FY2025
- $20k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $10,000
- Largest grant, FY2025
- $10,000
- Organizations funded a year
- 1 to 4
- FY2018 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $2.3M
How open it is to new grantees
In FY2024, 50% of the organizations Albion Economic Development Corporation funded were first-time grantees, receiving 78% of its grant dollars.
New vs renewed · share of each year
In FY2024, 22% of grant dollars renewed an existing relationship; $69k 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 |
|---|---|---|---|
| FY2025still arriving | 2 | $20k | 0% |
| FY2024 | 4 | $89k | 50% |
| FY2023 | 2 | $20k | 0% |
| FY2022 | 4 | $100k | 25% |
| FY2021 | 3 | $40k | 33% |
| FY2020 | 2 | $30k | 50% |
| FY2019 | 1 | $20k | 0% |
| FY2018 | 2 | $95k | 50% |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.
Top grantees
Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Bcda Inc | $130,000 | 6 | 23% |
| Boone County Agricultural Education Center Inc | $60,000 | 6 | 6% |
| Boone Beginnings Early Childhood and Family Development Center Inc | $50,000 | 5 | 1% |
| Vet Properties LLC | $30,000 | 1 | n/a |
Plus 4 recipients with no EIN on record ($264k), not named here.
Compare Albion Economic Development Corporation with peer funders
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How do I get to Albion Economic Development Corporation?
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About Albion Economic Development Corporation
- How much does Albion Economic Development Corporation give?
- Albion Economic Development Corporation reported 2 itemized grants totaling $20,000, out of $75,989 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 1 and 4 organizations a year over FY2018 to FY2024.
- What does Albion Economic Development Corporation fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Community Improvement (38%), Food & Nutrition (11%), Education (9%).
- Who are Albion Economic Development Corporation's largest grantees?
- By total granted over FY2017 to FY2025: Bcda Inc ($130k), Boone County Agricultural Education Center Inc ($60k), Boone Beginnings Early Childhood and Family Development Center Inc ($50k).
- Does Albion Economic Development Corporation fund new organizations?
- In FY2024, 50% of the organizations it funded were first-time grantees.
- Where is Albion Economic Development Corporation based?
- Albion Economic Development Corporation is based in NE.
Play a game based on Albion Economic Development’s filings →