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Business Development Corporation at a glance

· Public charity

Business Development Corporation

To further economic development,principally within any and all counties located in north central indiana and southwest michigan.

$52k
Granted FY2025still arriving
4
Grants FY2025still arriving
1
States reached
$15k
Largest
01What it fundsRead
02The needRead
03Its fieldRead
01What it funds
0188% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2025.

Health$45kCommunity Improvement$40kEducation$15kCrime & Legal$10kFood & Nutrition$10kHuman Services$10kReligion$10kAnimals$9kOther$0
02FY2025 · 4 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k1 grant · $7k
  • $10k–50k3 grants · $45k
$15,000
Median grant
1
States reached
$6.7M
Total assets
Largest grants
RecipientAmount
CDFI FRIENDLY SOUTH BEND$15,000
NORTH CENTRAL INDIANA SBDC$15,000
SOUTH BEND ELKHART REGIONAL PARTNER$15,000
OTHERS$6,500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY22–22, $20k) land where the poverty rate runs at 14%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%THE AVENUE FAMILY NETWORK: $10k → 15%RETA PREGNANCY CLINIC: $10k → 13%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Southern Indiana Community Health Care

To provide high-quality, comprehensive, community-sensitive health care utilizing christ-oriented principles. rooted in our faith-driven values, sichc serves as a pillar for accessible, comprehensive care of the whole person and a catalyst…

Health
2
Bowen Health Inc

To provide compassionate, patient-centered care for mind and body that improves the quality of life for our communities.

Health
3
University Family Physicians Inc

Engage actively and continuously in medical research, education and training in the practice of medicine in conjunction with the department of family medicine of the indiana university school of medicine and indiana university…

—
4
Sinnissippi Centers Inc

It is the mission of sinnissippi centers, inc. to provide quality, coordinated and responsive behavioral healthcare services to individuals, families and the communities we serve.

Health
5
Personal Counseling Services Inc

To provide mental health services to everyone desiring wellness of body, mind, spirit and community.

—
6
Connections for Life

Empowering people with disabilities by providing services that promote independence, equality and intergration, enhancing their quality of life.

Health
7
Lifewell

Lifewell aims to provide hope and recovery through our person-centered residential, outpatient, housing and community living programs. we provide integrated healthcare services to low-income adults with behavioral and physical illness and…

—
8
Lincoln Behavioral Services

To provide comprehensive outpatient mental health services to over 5400 individuals and their families in a consumer driven person centered delivery system. Approximately 15% of our staff members are our clients who are involved in a…

Health
9
Union Health System

To serve our communities by provding innovative and compassionate healthcare.

Health
10
Central Indiana Corporate Partnership Inc

Central indiana corporate partnership (cicp) is an alliance of indiana's business and research university leaders coming together to foster long-term prosperity for the region. cicp's mission is to transform the economy of indiana in order…

Community Improvement
11
St Joseph Care Center

To help residents live to their fullest potential, recognizing the changing needs of each person.

Health
12
Respite Care Services Inc

To provide respite care. respite care services provides care relief to families with developmentally or physically disabled family members with the goal of delaying or avoiding institutionalization.

Human Services
How this is measured
The grantee most central to the portfolio’s shape is Samaritan Family Health and Counseling Center Inc; the most unlike its peers is Humane Society of St Joseph County. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

12 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 12 of the 15 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
2
Early backer (in before they grew)
12/12
Grantees still filing
8/12
Grew since first funded

Where the money sits, by cause and then by grantee

OTHERS: $14,000 · OtherOTHERSREINS OF LIFE INC: $10,000 · OtherREINS OF LIFE INCTHE CENTER FOR GROWTH & INDEPENDENC: $10,000 · OtherTHE CENTER FOR GROWTH & INDEPENDENCCHRISTIAN METHODIST EPISCOPAL CHURCH: $10,000 · OtherCHRISTIAN METHODIST EPISCOPAL CHURCHHUMANE SOCIETY OF ST JOSEPH COUNTY: $8,883 · OtherHUMANE SOCIETY OF ST JOSEPH COUNTYMAPLE CITY HEALTH CARE CENTER INC: $5,288 · OtherMAPLE CITY HEALTH CARE CENTER INCSOUTH BEND ELKHART REGIONAL PARTNERSHIP FOUNDATION: $15,000 · Community ImprovementSOUTH BEND ELKHART R…CDFI Friendly of South Bend Inc: $15,000 · Community ImprovementCDFI Friendly of Sou…SAMARITAN FAMILY HEALTH AND COUNSELING CENTER INC: $10,000 · HealthSAMARITAN FAM…LIFE TREATMENT CENTERS INC: $10,000 · HealthLIFE TREATMEN…RETA INC: $10,000 · Human ServicesRETA INCTHE AVENUE FAMILY NETWORK INC: $10,000 · Human ServicesTHE AVENUE FA…Indiana University Foundation: $15,000 · EducationIndiana Un…CULTIVATE CULINARY SCHOOL AND CATERING INC: $10,000 · EmploymentTHE CASIE CENTER INC: $10,000 · Crime & Legal
Other$58,171Community Improvement$30,000Health$20,000Human Services$20,000Education$15,000Employment$10,000Crime & Legal$10,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetIndiana University Foundation: $15,000 over 1y, 0.0% of budgetCDFI Friendly of South Bend Inc: $15,000 over 1y, 5.4% of budgetREINS OF LIFE INC: $10,000 over 1y, 1.1% of budgetSAMARITAN FAMILY HEALTH AND COUNSELING CENTER INC: $10,000 over 1y, 1.9% of budgetRETA INC: $10,000 over 1y, 0.6% of budgetCULTIVATE CULINARY SCHOOL AND CATERING INC: $10,000 over 1y, 0.2% of budgetTHE CASIE CENTER INC: $10,000 over 1y, 1.2% of budgetLIFE TREATMENT CENTERS INC: $10,000 over 1y, 0.3% of budgetTHE AVENUE FAMILY NETWORK INC: $10,000 over 1y, 0.4% of budgetHUMANE SOCIETY OF ST JOSEPH COUNTY: $8,883 over 1y, 0.5% of budgetMAPLE CITY HEALTH CARE CENTER INC: $5,288 over 1y, 0.1% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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.

The Pokagon Fund IncCommunity Foundation …Judd Leighton Foundat…1st Source Bank Found…Community Foundation …University of Notre D…American Online Givin…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
The Pokagon Fund IncMI15.7× affinity5 shared granteesties to 9 of 9Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Pokagon Fund Inc · Community Foundation of St Joseph County Inc · Judd Leighton Foundation Inc · 1st Source Bank Foundation Inc Xxx-Xx-Xxxx · Community Foundation of Elkhart County Inc · University of Notre Dame du Lac · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

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.

How much its grantees rely on government

Each dot is one organization Business Development Corporation funds: left to right is the share of its income from government, bottom to top the share from Business Development Corporation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%13%25%38%50%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    6report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–50%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    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 15 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 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Business Development’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home