Massachusetts · Public charity
Bay Colony Development Corp
It is bcdc's mission to be the lender of choice for small businesses, by investing resources; both monetarily and professionally, that offer creative financing solutions to provide positive economic impact within the communities we serve.
- $31k
- Granted FY2025(still arriving)
- 5
- Itemized grants FY2025
- 9
- Organizations funded FY2024
- 33%
- First-time grantees FY2024
- Itemized, FY2025
- $30k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $5,000
- Largest grant, FY2025
- $10,000
- Organizations funded a year
- 4 to 9
- FY2018 to FY2024
- States reached, FY2025
- 4
- Total assets, FY2025
- $6.0M
How open it is to new grantees
In FY2024, 33% of the organizations Bay Colony Development Corp funded were first-time grantees, receiving 30% of its grant dollars.
New vs renewed · share of each year
In FY2024, 70% of grant dollars renewed an existing relationship; $15k 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 | 5 | $30k | 0% |
| FY2024 | 9 | $50k | 33% |
| FY2023 | 5 | $30k | 0% |
| FY2022 | 5 | $18k | 0% |
| FY2021 | 5 | $30k | 20% |
| FY2020 | 4 | $16k | 25% |
| FY2019 | 4 | $15k | 0% |
| FY2018 | 4 | $7k | 75% |
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 |
|---|---|---|---|
| Newvue Communities Inc | $72,500 | 8 | 1% |
| New Hampshire Community Loan Fund Inc | $32,500 | 9 | 0% |
| Center for Women & Enterprise Inc | $29,500 | 7 | 0% |
| Vermont Community Loan Fund | $26,000 | 8 | 0% |
| The New England Center for Children | $26,000 | 1 | n/a |
| Immigrants' Assistance Center Inc | $17,500 | 4 | 1% |
| Hedco Inc | $10,000 | 2 | 0% |
| Lower Cape Cod Community Develop- Ment Corporation | $10,000 | 2 | 0% |
| Franklin County Community Development Corporation | $5,000 | 1 | 0% |
| Community Teamwork Inc | $5,000 | 1 | 0% |
Show all 12 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Newvue Communities Inc | $72,500 | 8 | 1% |
| New Hampshire Community Loan Fund Inc | $32,500 | 9 | 0% |
| Center for Women & Enterprise Inc | $29,500 | 7 | 0% |
| Vermont Community Loan Fund | $26,000 | 8 | 0% |
| The New England Center for Children | $26,000 | 1 | n/a |
| Immigrants' Assistance Center Inc | $17,500 | 4 | 1% |
| Hedco Inc | $10,000 | 2 | 0% |
| Lower Cape Cod Community Develop- Ment Corporation | $10,000 | 2 | 0% |
| Franklin County Community Development Corporation | $5,000 | 1 | 0% |
| Community Teamwork Inc | $5,000 | 1 | 0% |
| Providence Revolving Fund | $2,000 | 1 | n/a |
| Ne Massachusetts Score Chapter 411 | $200 | 1 | n/a |
Where it is load-bearing
Each grantee by its size and the share of its budget Bay Colony Development Corp supplied at peak.
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: Td Charitable Foundation · Peoples United Community Foundation · Eastern Bank Foundation · Health Resources in Action Inc · United Way Of Massachusetts Bay Inc · The Blackbaud Giving Fund · Local Initiatives Support Corporation · The Bank of America Charitable Foundation Inc · National Philanthropic Trust · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
Warm introductions · Powered by PlinthPlus
How do I get to Bay Colony Development Corp?
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Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Bay Colony Development Corp
- How much does Bay Colony Development Corp give?
- Bay Colony Development Corp reported 5 itemized grants totaling $30,000, out of $31,000 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 4 and 9 organizations a year over FY2018 to FY2024.
- What does Bay Colony Development Corp fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Community Improvement (96%), Human Services (4%).
- Who are Bay Colony Development Corp's largest grantees?
- By total granted over FY2017 to FY2025: Newvue Communities Inc ($73k), New Hampshire Community Loan Fund Inc ($33k), Center for Women & Enterprise Inc ($30k).
- Does Bay Colony Development Corp fund new organizations?
- In FY2024, 33% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Bay Colony Development Corp?
- Its strongest co-funders, measured against what their size predicts, include Td Charitable Foundation, Peoples United Community Foundation, Eastern Bank Foundation.
- Where is Bay Colony Development Corp based?
- Bay Colony Development Corp is based in MA.
Play a game based on Bay Colony Development’s filings →