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New York · Public charity

Boc Capital Corp

To address poverty in economically distressed areas by promoting employment,business development, and other economic and social opportunity as a provider of financing and small business assistance. Wealth, economically empower individuals, and create jobs in low-income communities.

$40k
Granted FY2024(still arriving)
3
Grants FY2024
2
Organizations funded FY2022
50%
First-time grantees FY2022
Read the full brief
Median grant, FY2024
$35,000
Largest grant, FY2024
$40,000
Organizations funded a year
1 to 124
FY2017 to FY2022
States reached, FY2024
1
Total assets, FY2024
$40M

How open it is to new grantees

In FY2022, 50% of the organizations Boc Capital Corp funded were first-time grantees, receiving 21% of its grant dollars.

New vs renewed · share of each year

In FY2022, 79% of grant dollars renewed an existing relationship; $15k went to new ones.

50%100%’18’19’20’21’22
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22
Community ImprovementOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving3$99k33%
FY20222$70k50%
FY2021124$2.4M99%
FY20201$39k100%
FY20191$25k0%
FY20181$35k100%
FY20171$48kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Public Safety & Disaster$1.3MCommunity Improvement$658kHealth$542kFood & Nutrition$160kHuman Services$81kArts & Culture$20kInternational$5k

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
La Fuerza Unida Community Development Corporation$166,945410%
Greater Newark Enterprises Corp$159,36216%
Boc Development Corporation$113,000329%
Business Outreach Center Network Inc$35,00011%
Women's Enterprise Development Center In$24,00012%
Marias Tamales Corp$20,0001n/a
NEWICHA Linen Corp$20,0001n/a
Sunny & Chris Inc$20,0001n/a
JLND Christian Supply Center$20,0001n/a
Turquesa Nails Salon & Spa Co$20,0001n/a
Show all 120 grantees
All grantees of Boc Capital Corp by total granted
GranteeTotal grantedYearsShare of their budget
La Fuerza Unida Community Development Corporation$166,945410%
Greater Newark Enterprises Corp$159,36216%
Boc Development Corporation$113,000329%
Business Outreach Center Network Inc$35,00011%
Women's Enterprise Development Center In$24,00012%
Marias Tamales Corp$20,0001n/a
NEWICHA Linen Corp$20,0001n/a
Sunny & Chris Inc$20,0001n/a
JLND Christian Supply Center$20,0001n/a
Turquesa Nails Salon & Spa Co$20,0001n/a
4G Deli Corp$20,0001n/a
Reading Town Flushing Inc$20,0001n/a
Boba Fries LLC$20,0001n/a
Three Sisters Kitchen Corp$20,0001n/a
Addictive Wine Bar Corp$20,0001n/a
Apex Group Inc$20,0001n/a
Min Kim Hair Salon Inc$20,0001n/a
New York Deli & Grocery Inc$20,0001n/a
40-48 82 Liquors Inc$20,0001n/a
LIC Deli Gourmet Inc$20,0001n/a
Mowla Corp$20,0001n/a
CooperCrwn NY Corp$20,0001n/a
Lucky Cleaners$20,0001n/a
Onderdonk & Sons$20,0001n/a
New Preojon Inc$20,0001n/a
101 Liquor & Wine$20,0001n/a
Super Pollo Rest Inc$20,0001n/a
Incheon Restaurant Corp$20,0001n/a
Amrita Fashion Inc$20,0001n/a
OKS Cleaners Inc$20,0001n/a
Astoria Coffee & Tea Shop Inc$20,0001n/a
JeunJu Sik Dang$20,0001n/a
Barbara Howell BZ Party Balo$20,0001n/a
A & N K Curtains Corp$20,0001n/a
Raices Colombianas$20,0001n/a
Lancang Inc$20,0001n/a
Lotus Nails & Spa Inc$20,0001n/a
Korean Noodle Arirang Inc$20,0001n/a
Authentic Thai LLC$20,0001n/a
Empire USA Tech Corporation$20,0001n/a
Inspired in You Corp$20,0001n/a
Botanica Santa Barbara Corp$20,0001n/a
Shun Won Flushing Inc$20,0001n/a
HB Joys Nail II Inc$20,0001n/a
Han Joo Bbq Cycj Inc$20,0001n/a
Five Fingers Nail Spa 153 Inc$20,0001n/a
Sabor Ecuatoriano$20,0001n/a
Chanderveer Inc$20,0001n/a
Scissors Sound Salon Inc$20,0001n/a
Jennifer A Corp$20,0001n/a
World Motors Inc$20,0001n/a
FM Food Service Inc$20,0001n/a
Bfocus Eyewear Inc$20,0001n/a
Alaia Unisex Corp$20,0001n/a
Jamaica Linen Corp$20,0001n/a
City View Valet Corp$20,0001n/a
NY Georges Catering Corp$20,0001n/a
Illuminating Minds LLC$20,0001n/a
Shun Won Restaurant Inc$20,0001n/a
Mindbinder Enterprises LLC$20,0001n/a
Overtime Bar and Lounge Corp$20,0001n/a
Elegance 3 Unisex Salon & Bar$20,0001n/a
Calima Corp$20,0001n/a
A&T Auto Salvage Inc$20,0001n/a
Tu Stilo Salon & Spa Corp$20,0001n/a
Jackson 79 Corp DBA Riko$20,0001n/a
Antiochia Grill Inc$20,0001n/a
Namaste Nepal Restaurant and$20,0001n/a
Six Brothers Inc$20,0001n/a
Nicole Kelly Pub$20,0001n/a
4 Monsters LLC$20,0001n/a
70 Westchester Wireless$20,0001n/a
Dawa Threading Salon Inc$20,0001n/a
El Rincon Criollo Corp$20,0001n/a
YSEB Inc$20,0001n/a
4260 Crescent Hills inc$20,0001n/a
Soomi Beauty Salon Inc$20,0001n/a
Upbeat Communications$20,0001n/a
Aphrodites Sweets Shoppe Inc$20,0001n/a
Minshe Corp$20,0001n/a
Nepali Kitchen Inc$20,0001n/a
Marios Diner Inc$20,0001n/a
Ratna & Sons Inc$20,0001n/a
Karma Nails & Spa$20,0001n/a
S & S Hillside Super Laundrom$20,0001n/a
The Courier Expert$20,0001n/a
TNRP Lama Inc$20,0001n/a
Palazzo New York Inc$20,0001n/a
Kokio Chicken and Beer Corp$20,0001n/a
Good Servant Inc$20,0001n/a
Glenridge Optical Warehouse O$20,0001n/a
Kulzeet Enterprises Inc$20,0001n/a
Kantipur Group Inc$20,0001n/a
Dance Project 29 Inc$20,0001n/a
A&F Bakery Inc$20,0001n/a
National Beauty Supply Inc$20,0001n/a
Rhondas Jazzy Hair Creations$19,3601n/a
Thatary Bazar Inc$19,0501n/a
G&F Detailing Corp$19,0471n/a
NuBeginnings Beauty Salon by$18,8341n/a
Touch of Beauty Unisex$18,1391n/a
Tonys Den LLC$17,7501n/a
Electronics Repair and Maint$17,2201n/a
D-or Spa Salon$15,9491n/a
Art of Hair Beauty & Barber L$15,7431n/a
K C Leather Shop Inc$15,2881n/a
Artistique$15,1621n/a
Kidault Kar LLC$15,0001n/a
Gulxar NY Inc$14,6631n/a
Rafael Rozo International Bea$14,3441n/a
Little Myanmar Inc$14,2181n/a
Eva Beauty Salon$12,3751n/a
Savior Self Security Karate$12,1891n/a
Luckys Salon$11,7771n/a
Precious Jewels Salon$10,0701n/a
40-35 Nuevos STilos Corp$10,0151n/a
Vilmas Beauty Salon Unisex C$9,9141n/a
Clicqers Beauty Salon Inc$9,8471n/a
Miguelina Pena Sole Prop$8,7261n/a
Finesse African Hair Braiding$8,0001n/a

Plus 8 recipients with no EIN on record ($103k), not named here.

Nonprofits that may fit its grantmaking

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.

Local Initiatives Support CorporationNY3.5× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Local Initiatives Support Corporation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Boc Capital Corp with peer funders

About Boc Capital Corp

How much does Boc Capital Corp give?
Boc Capital Corp reported 3 grants totaling $40,000 in its FY2024 IRS filing. It funded between 1 and 124 organizations a year over FY2017 to FY2022.
What does Boc Capital Corp fund?
By grant dollars over FY2017 to FY2024, its largest causes are Public Safety & Disaster (47%), Community Improvement (24%), Health (20%).
Who are Boc Capital Corp's largest grantees?
By total granted over FY2017 to FY2024: La Fuerza Unida Community Development Corporation ($167k), Greater Newark Enterprises Corp ($159k), Boc Development Corporation ($113k).
Does Boc Capital Corp fund new organizations?
In FY2022, 50% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Boc Capital Corp?
Its strongest co-funders, measured against what their size predicts, include Local Initiatives Support Corporation.
Where is Boc Capital Corp based?
Boc Capital Corp is based in NY.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 128 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports no grant expense, so the figures above are from FY2024, the most recent year this funder made grants.

Source object · view filing

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