New York · Public charity
Capitalize Albany Corporation
The mission of CAPITALIZE ALBANY CORPORATION is to facilitate strategic economic development and stimulate transformative investment throughout the city of albany, making new york's capital a vibrant place to thrive.
- $352k
- Granted FY2025(still arriving)
- 17
- Itemized grants FY2025
- 9
- Organizations funded FY2024
- 67%
- First-time grantees FY2024
- Itemized, FY2025
- $309k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $22,719
- Largest grant, FY2025
- $31,030
- Organizations funded a year
- 3 to 13
- FY2018 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $25M
How open it is to new grantees
In FY2024, 67% of the organizations Capitalize Albany Corporation funded were first-time grantees, receiving 77% of its grant dollars.
New vs renewed · share of each year
In FY2024, 23% of grant dollars renewed an existing relationship; $106k went to new ones.
RenewedFirst-time
Where new relationships form · theme of each grantee’s first grant
Community ImprovementInternationalPhilanthropyEducationOther
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 year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 17 | $309k | 94% |
| FY2024 | 9 | $138k | 67% |
| FY2023 | 13 | $211k | 100% |
| FY2022 | 3 | $22k | 67% |
| FY2021 | 3 | $26k | 100% |
| FY2020 | 9 | $79k | 100% |
| FY2019 | 12 | $141k | 100% |
| FY2018 | 6 | $156k | 83% |
100% classified
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.
Community Improvement$337kArts & Culture$269kFood & Nutrition$173kHousing & Shelter$156kHealth$55kEnvironment$27kScience & Tech$25kHuman Services$22kOther$0
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 |
|---|---|---|---|
| Loch & Quay LLC | $72,261 | 2 | n/a |
| Bull Markets Holding Company LLC | $39,032 | 2 | n/a |
| Crys-Style Beauty LLC Dba Studio23 | $31,030 | 1 | n/a |
| The Albany Distilling Company Inc | $30,000 | 1 | n/a |
| Viva Empanadas | $28,000 | 1 | n/a |
| The Yard | $26,570 | 2 | n/a |
| Rds Trio Inc | $25,360 | 1 | n/a |
| Mac Equipment | $25,000 | 1 | n/a |
| Rector Place Partners Inc | $25,000 | 1 | n/a |
| Hot Crispy Oil LLC | $25,000 | 1 | n/a |
Show all 68 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Loch & Quay LLC | $72,261 | 2 | n/a |
| Bull Markets Holding Company LLC | $39,032 | 2 | n/a |
| Crys-Style Beauty LLC Dba Studio23 | $31,030 | 1 | n/a |
| The Albany Distilling Company Inc | $30,000 | 1 | n/a |
| Viva Empanadas | $28,000 | 1 | n/a |
| The Yard | $26,570 | 2 | n/a |
| Rds Trio Inc | $25,360 | 1 | n/a |
| Mac Equipment | $25,000 | 1 | n/a |
| Rector Place Partners Inc | $25,000 | 1 | n/a |
| Hot Crispy Oil LLC | $25,000 | 1 | n/a |
| New Scotch LLC Dba New Scotland Spirits | $25,000 | 1 | n/a |
| Foodscraps 360 LLC | $25,000 | 1 | n/a |
| Lark Hall Productions | $25,000 | 1 | n/a |
| Fidens Brewing Company LLC | $25,000 | 1 | n/a |
| Halo Wholesale Food Company LLC | $25,000 | 1 | n/a |
| Meatball Martini Madison LLC | $25,000 | 1 | n/a |
| Are Events Productions | $25,000 | 1 | n/a |
| Reconstruction Home Ventures LLC | $25,000 | 1 | n/a |
| Shopjoy LLC | $24,330 | 1 | n/a |
| The Greek House of Albany LLC | $23,864 | 1 | n/a |
| Semblance Medspa LLC | $23,600 | 1 | n/a |
| Hive of Hope Inc | $23,128 | 1 | 12% |
| Latin American Hospitality | $22,719 | 1 | n/a |
| Faith Creative Names Inc | $22,452 | 1 | n/a |
| Nor Jewelers LLC | $21,971 | 1 | n/a |
| 16 Sheridan Avenue LLC | $21,333 | 1 | n/a |
| Wgm74 LLC | $19,790 | 2 | n/a |
| Hill Street Cafe | $17,888 | 2 | n/a |
| Vietqueue Inc | $17,145 | 2 | n/a |
| Bombshell Midtown | $17,110 | 1 | n/a |
| Vanderheyden Hall Inc | $15,558 | 1 | 0% |
| Michael Lipnick Dmd & Vincent Giglio Dds | $15,000 | 1 | n/a |
| The Olde English Pub & Pantry | $15,000 | 1 | n/a |
| Don's Moving & Storage Inc | $14,200 | 1 | n/a |
| 420 Broadway Albany LLC | $12,990 | 1 | n/a |
| Hiit It With Britt LLC | $12,585 | 1 | n/a |
| Prinzo's Bakery | $12,500 | 1 | n/a |
| Wine and Dine Group LLC | $12,000 | 1 | n/a |
| John Mancini | $10,000 | 1 | n/a |
| Precise Fiscal Is LLC | $10,000 | 1 | n/a |
| Central District Management Association | $10,000 | 1 | 1% |
| Northeastern Association of the Blind at Albany Inc | $10,000 | 1 | 0% |
| 351 Hudson Avenue LLC | $10,000 | 1 | n/a |
| Dino's Pizza | $10,000 | 1 | n/a |
| Edens Rose Foundation | $10,000 | 1 | 6% |
| Rjs Re Holdings LLC | $10,000 | 1 | n/a |
| Envision Architects | $10,000 | 1 | n/a |
| Gulsum and Gulser Kurd Foundation | $10,000 | 1 | n/a |
| Rosanna's Table LLC | $9,890 | 1 | n/a |
| Hudson Park Development & Management LLC | $8,430 | 1 | n/a |
| Dino's Pizza and Pasta Inc | $7,783 | 1 | n/a |
| Restaurant 605 | $7,371 | 1 | n/a |
| Gem Drug Corporation Dba Lincoln Pharmacy | $7,089 | 1 | n/a |
| The Skinny Pancake Inc | $7,045 | 1 | n/a |
| Castle Island Bilingual Montessori | $6,800 | 1 | 1% |
| Dacb LLC | $6,319 | 1 | n/a |
| Irie Vybez LLC | $6,300 | 1 | n/a |
| Fresh Neighborhood Market | $6,298 | 1 | n/a |
| Sunwoo Park Hair and Wig | $6,227 | 1 | n/a |
| 56 Sheridan LLC | $6,210 | 1 | n/a |
| Salvage & Shine | $5,687 | 1 | n/a |
| P & P Properties | $5,597 | 1 | n/a |
| 151 Hjb LLC | $5,523 | 1 | n/a |
| Ny Gear Inc | $5,030 | 1 | n/a |
| Albany Jewish Community Center | $5,000 | 1 | 0% |
| Feed Albany | $5,000 | 1 | n/a |
| Steamer 10 Theatre Inc | $5,000 | 1 | n/a |
| A Village Inc | $5,000 | 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 loosely connected circle, clustered around a few shared anchors.
The Community Foundation for the Greater Capital Region IncNY18.5× affinity7 shared granteesties to 2 of 3Hover any node to trace its alignments.Compare side by side →
Open a dossier: The Community Foundation for the Greater Capital Region Inc · Price Chopper's Golub Foundation · Central District Management Association · 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.
About Capitalize Albany Corporation
- How much does Capitalize Albany Corporation give?
- Capitalize Albany Corporation reported 17 itemized grants totaling $308,768, out of $351,712 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 3 and 13 organizations a year over FY2018 to FY2024.
- What does Capitalize Albany Corporation fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Community Improvement (30%), Arts & Culture (24%), Food & Nutrition (15%).
- Who are Capitalize Albany Corporation's largest grantees?
- By total granted over FY2017 to FY2025: Loch & Quay LLC ($72k), Bull Markets Holding Company LLC ($39k), Crys-Style Beauty LLC Dba Studio23 ($31k).
- Does Capitalize Albany Corporation fund new organizations?
- In FY2024, 67% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Capitalize Albany Corporation?
- Its strongest co-funders, measured against what their size predicts, include The Community Foundation for the Greater Capital Region Inc, Price Chopper's Golub Foundation, Central District Management Association.
- Where is Capitalize Albany Corporation based?
- Capitalize Albany Corporation is based in NY.
Play a game based on Capitalize Albany’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