West Virginia · Public charity
Capital Area Development Corporation of West Virginia
Capital Area Development Corporation of West Virginia dba Charleston Area Alliance serves as a catalyst for change for Charleston, Kanawha County, and the surrounding area, leading with innovative and collaborative approaches to shape a prosperous economy that fosters growth and attracts people and investment. We are a community and…
- $4.1M
- Granted FY2025(still arriving)
- 3
- Itemized grants FY2025
- 1
- Organizations funded FY2024
- 100%
- First-time grantees FY2024
- Itemized, FY2025
- $3.9M
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $1,000,000
- Largest grant, FY2025
- $2,829,347
- Organizations funded a year
- 1 to 1
- FY2020 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $14M
How open it is to new grantees
In FY2024, 100% of the organizations Capital Area Development Corporation of West Virginia funded were first-time grantees, receiving 100% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 3 | $3.9M | 100% |
| FY2024 | 1 | $50k | 100% |
| FY2020 | 1 | $241k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.
Top grantees
Largest recipients by total granted, FY2020 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| West Virginia University Foundation Inc | $2,829,347 | 1 | 2% |
| West Virginia Department of Tourism | $1,000,000 | 1 | n/a |
| Infor (US) Inc | $241,372 | 1 | n/a |
| Spring Hill Cemetery Park Comm | $25,000 | 1 | n/a |
Plus 1 recipient with no EIN on record ($50k), not named here.
Compare Capital Area Development Corporation of West Virginia with peer funders
About Capital Area Development Corporation of West Virginia
- How much does Capital Area Development Corporation of West Virginia give?
- Capital Area Development Corporation of West Virginia reported 3 itemized grants totaling $3,854,347, out of $4,063,097 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 1 and 1 organizations a year over FY2020 to FY2024.
- What does Capital Area Development Corporation of West Virginia fund?
- By grant dollars over FY2020 to FY2025, its largest causes are Employment (83%), Community Improvement (17%).
- Who are Capital Area Development Corporation of West Virginia's largest grantees?
- By total granted over FY2020 to FY2025: West Virginia University Foundation Inc ($2.8M), West Virginia Department of Tourism ($1.0M), Infor (US) Inc ($241k).
- Does Capital Area Development Corporation of West Virginia fund new organizations?
- In FY2024, 100% of the organizations it funded were first-time grantees.
- Where is Capital Area Development Corporation of West Virginia based?
- Capital Area Development Corporation of West Virginia is based in WV.
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