Missouri · Public charity
Cortex
Founded in 2002, CORTEX mission is the creation of the midwest's premier innovation hub of bioscience and technology research, development and commercialization, serving as the anchor of st. Louis' growing ecosystem for innovative startup programs and established companies through urban revitalization.
- $2.3M
- Granted FY2023
- 10
- Itemized grants FY2023
- 10
- Organizations funded FY2023
- 90%
- First-time grantees FY2023
- Itemized, FY2023
- $2.2M
- The rest is grants the schedule does not break out
- Median grant, FY2023
- $110,290
- Largest grant, FY2023
- $1,206,735
- Organizations funded a year
- 2 to 10
- FY2018 to FY2023
- States reached, FY2023
- 2
- Total assets, FY2023
- $82M
How open it is to new grantees
In FY2023, 90% of the organizations Cortex funded were first-time grantees, receiving 78% of its grant dollars.
New vs renewed · share of each year
In FY2023, 22% of grant dollars renewed an existing relationship; $1.7M went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2023 | 10 | $2.2M | 90% |
| FY2020 | 2 | $17k | 0% |
| FY2019 | 3 | $140k | 67% |
| FY2018 | 3 | $523k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2023.
Top grantees
Largest recipients by total granted, FY2018 to FY2023, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Per Scholas Inc | $1,206,735 | 2 | 1% |
| The Launchcode Foundation | $602,701 | 3 | 3% |
| The Magic House | $500,000 | 1 | 7% |
| Propel Kitchens | $150,000 | 2 | 11% |
| CyberUp | $150,000 | 1 | 12% |
| Npower Inc | $110,290 | 2 | 0% |
| Techstl | $37,500 | 2 | 11% |
| Venture Cafe St Louis | $29,665 | 3 | 3% |
| The Global Institute on Innovation Districts Inc | $16,667 | 2 | 1% |
| Venture for America Inc | $14,000 | 2 | 0% |
Show all 14 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Per Scholas Inc | $1,206,735 | 2 | 1% |
| The Launchcode Foundation | $602,701 | 3 | 3% |
| The Magic House | $500,000 | 1 | 7% |
| Propel Kitchens | $150,000 | 2 | 11% |
| CyberUp | $150,000 | 1 | 12% |
| Npower Inc | $110,290 | 2 | 0% |
| Techstl | $37,500 | 2 | 11% |
| Venture Cafe St Louis | $29,665 | 3 | 3% |
| The Global Institute on Innovation Districts Inc | $16,667 | 2 | 1% |
| Venture for America Inc | $14,000 | 2 | 0% |
| International Institute of Metropolitan St Louis | $8,000 | 1 | 0% |
| Center of Creative Arts | $7,500 | 1 | 0% |
| Park Central Development Corporation | $7,000 | 2 | 0% |
| Missouri Botanical Garden Board of Trustees | $6,300 | 2 | 0% |
Where it is load-bearing
Each grantee by its size and the share of its budget Cortex supplied at peak.
Tap a dot to name the grantee.
How this is measured
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.
Open a dossier: St Louis Community Foundation Inc · Regional Business Council · Commerce Bancshares Foundation · World Wide Technology Foundation · Washington University · Enterprise Holdings Foundation · The Bank of America Charitable Foundation Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
About Cortex
- How much does Cortex give?
- Cortex reported 10 itemized grants totaling $2,167,492, out of $2,273,404 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 2 and 10 organizations a year over FY2018 to FY2023.
- What does Cortex fund?
- By grant dollars over FY2018 to FY2023, its largest causes are Employment (73%), Arts & Culture (18%), Food & Nutrition (5%).
- Who are Cortex's largest grantees?
- By total granted over FY2018 to FY2023: Per Scholas Inc ($1.2M), The Launchcode Foundation ($603k), The Magic House ($500k).
- Does Cortex fund new organizations?
- In FY2023, 90% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Cortex?
- Its strongest co-funders, measured against what their size predicts, include St Louis Community Foundation Inc, Regional Business Council, Commerce Bancshares Foundation.
- Where is Cortex based?
- Cortex is based in MO.
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