Missouri · Public charity
Altcap
To be a catalyst for investment in Kansas City metropolitan communities throught innovative financial products, targeted economic and community development programming, and the development of strategic partnerships that promote community collaboration and capacity building.
- $3.9M
- Granted FY2024(still arriving)
- 2
- Itemized grants FY2024
- 5
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Itemized, FY2024
- $35k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $25,000
- Largest grant, FY2024
- $25,000
- Organizations funded a year
- 1 to 5
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $29M
How open it is to new grantees
In FY2023, 100% of the organizations Altcap funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2023, 0% of grant dollars renewed an existing relationship; $43k 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 | 2 | $35k | 100% |
| FY2023 | 5 | $43k | 100% |
| FY2022 | 5 | $1.5M | 80% |
| FY2021 | 3 | $108k | 67% |
| FY2020 | 1 | $29k | 0% |
| FY2019 | 1 | $10k | 100% |
| FY2018 | 1 | $10k | 100% |
| FY2017 | 1 | $100k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Altcap California | $1,369,474 | 2 | 100% |
| Community Capital Fund | $257,266 | 4 | 56% |
| Equity 2 LLC | $83,969 | 1 | n/a |
| Brown Suga Co LLC | $25,000 | 1 | n/a |
| The Next Paige | $25,000 | 1 | n/a |
| Diversity Telehealth LLC | $25,000 | 1 | n/a |
| Cafe Ca Phe LLC | $20,000 | 1 | n/a |
| Iris Creative Projects Agency LLC | $10,000 | 1 | n/a |
| Rightfully Sewn | $10,000 | 1 | n/a |
| Rollen Studios | $10,000 | 1 | n/a |
Show all 16 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Altcap California | $1,369,474 | 2 | 100% |
| Community Capital Fund | $257,266 | 4 | 56% |
| Equity 2 LLC | $83,969 | 1 | n/a |
| Brown Suga Co LLC | $25,000 | 1 | n/a |
| The Next Paige | $25,000 | 1 | n/a |
| Diversity Telehealth LLC | $25,000 | 1 | n/a |
| Cafe Ca Phe LLC | $20,000 | 1 | n/a |
| Iris Creative Projects Agency LLC | $10,000 | 1 | n/a |
| Rightfully Sewn | $10,000 | 1 | n/a |
| Rollen Studios | $10,000 | 1 | n/a |
| Vine Street Brewing | $10,000 | 1 | n/a |
| The Jarboe Initiative LLC | $10,000 | 1 | n/a |
| Sweet Peaches Cobblers | $10,000 | 1 | n/a |
| Civic Saint LLC | $2,500 | 1 | n/a |
| Codealgo LLC | $2,500 | 1 | n/a |
| Healthy Hip Hop LLC | $2,500 | 1 | n/a |
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 set of overlaps that mostly run through this funder rather than between each other.
Open a dossier: Generating Income for Tomorrow
How this is measured
About Altcap
- How much does Altcap give?
- Altcap reported 2 itemized grants totaling $35,000, out of $3,902,161 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 5 organizations a year over FY2017 to FY2023.
- What does Altcap fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (96%), Employment (2%), Health (1%).
- Who are Altcap's largest grantees?
- By total granted over FY2017 to FY2024: Altcap California ($1.4M), Community Capital Fund ($257k), Equity 2 LLC ($84k).
- Does Altcap fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Altcap?
- Its strongest co-funders, measured against what their size predicts, include Generating Income for Tomorrow.
- Where is Altcap based?
- Altcap is based in MO.
Play a game based on Altcap’s filings →