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Kentucky · Public charity

Catalytic Development Funding Corp of Northern Kentucky

1. Improve quality of life and environment; 2. Increase economic opportunity for community residents; 3. Provide affordable housing choices; 4. Attract amenities that enhance community vibrancy; 5. Grow local tax base; 6. Contribute to regional economic development.

$1.5M
Granted FY2024(still arriving)
5
Grants FY2024
3
Organizations funded FY2022
100%
First-time grantees FY2022
Read the full brief
Median grant, FY2024
$36,156
Largest grant, FY2024
$1,002,500
Organizations funded a year
1 to 5
FY2017 to FY2022
States reached, FY2024
1
Total assets, FY2024
$30M

How open it is to new grantees

In FY2022, 100% of the organizations Catalytic Development Funding Corp of Northern Kentucky funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2022, 0% of grant dollars renewed an existing relationship; $70k 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
EducationFood & NutritionOther
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 arriving5$1.5M100%
FY20223$70k100%
FY20215$203k80%
FY20203$24k100%
FY20195$98k40%
FY20185$77k100%
FY20171$137kn/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.

Community Improvement$1.9MEnvironment$137k

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
One Nky Alliance Inc$1,002,500181%
Northern Kentucky Port Authority$383,3111n/a
Covington Community Montessori Inc$150,200123%
Duke Energy Foundation$137,4751n/a
Fedders Construction LLC$36,1561n/a
Cork & Char LLC$25,0001n/a
Blue Bridge Holdings LLC$25,0001n/a
Burton Building LLC$21,6881n/a
Cote Brilliante Ventures LLC$16,8001n/a
Incubator Kitchen Collective$15,20017%

Plus 13 recipients with no EIN on record ($260k), not named here.

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About Catalytic Development Funding Corp of Northern Kentucky

How much does Catalytic Development Funding Corp of Northern Kentucky give?
Catalytic Development Funding Corp of Northern Kentucky reported 5 grants totaling $1,463,767 in its FY2024 IRS filing. It funded between 1 and 5 organizations a year over FY2017 to FY2022.
What does Catalytic Development Funding Corp of Northern Kentucky fund?
By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (93%), Environment (7%).
Who are Catalytic Development Funding Corp of Northern Kentucky's largest grantees?
By total granted over FY2017 to FY2024: One Nky Alliance Inc ($1.0M), Northern Kentucky Port Authority ($383k), Covington Community Montessori Inc ($150k).
Does Catalytic Development Funding Corp of Northern Kentucky fund new organizations?
In FY2022, 100% of the organizations it funded were first-time grantees.
Where is Catalytic Development Funding Corp of Northern Kentucky based?
Catalytic Development Funding Corp of Northern Kentucky is based in KY.

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 23 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.

Source object · view filing

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