Indiana · Public charity
Elevate Ventures Inc
Elevate Ventures' mission is growing the state's economy, driving economic development, helping businesses launch, grow and locate in the State of Indiana. We increase the amount of capital available to Indiana startup and early stage innovation driven companies to spur economic development through growth, research and development. IEDC…
- $904k
- Granted FY2024(still arriving)
- 8
- Grants FY2024
- 20
- Organizations funded FY2023
- 50%
- First-time grantees FY2023
- Median grant, FY2024
- $66,096
- Largest grant, FY2024
- $329,849
- Organizations funded a year
- 3 to 27
- FY2017 to FY2023
- States reached, FY2024
- 3
- Total assets, FY2024
- $28M
How open it is to new grantees
In FY2023, 50% of the organizations Elevate Ventures Inc funded were first-time grantees, receiving 49% of its grant dollars.
New vs renewed · share of each year
In FY2023, 51% of grant dollars renewed an existing relationship; $603k 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 |
|---|---|---|---|
| FY2024still arriving | 8 | $898k | 50% |
| FY2023 | 20 | $1.2M | 50% |
| FY2022 | 24 | $1.4M | 83% |
| FY2021 | 27 | $1.8M | 85% |
| FY2020 | 11 | $456k | 100% |
| FY2019 | 3 | $73k | 100% |
| FY2018 | 7 | $143k | 86% |
| FY2017 | 8 | $200k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Where its grants go
Grant dollars by states, across the years we hold.
Which US states its grants reach
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Next Level Manufacturing Institute LLC | $440,000 | 1 | n/a |
| Indiana University School of Medicine | $332,040 | 5 | n/a |
| Northeast Indiana Regional Partnership Inc | $329,849 | 1 | 12% |
| Ninetwelve Institute Inc | $273,000 | 1 | 2% |
| Rose-Hulman Institute of Technology | $253,150 | 4 | 0% |
| Circular | $248,019 | 1 | n/a |
| Purdue Research Foundation | $227,000 | 3 | 0% |
| Career Accelerator Fund Corporation | $200,000 | 1 | n/a |
| Opalgenix Inc | $150,000 | 3 | n/a |
| Teichos Laboratories LLC | $150,000 | 2 | n/a |
Show all 84 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Next Level Manufacturing Institute LLC | $440,000 | 1 | n/a |
| Indiana University School of Medicine | $332,040 | 5 | n/a |
| Northeast Indiana Regional Partnership Inc | $329,849 | 1 | 12% |
| Ninetwelve Institute Inc | $273,000 | 1 | 2% |
| Rose-Hulman Institute of Technology | $253,150 | 4 | 0% |
| Circular | $248,019 | 1 | n/a |
| Purdue Research Foundation | $227,000 | 3 | 0% |
| Career Accelerator Fund Corporation | $200,000 | 1 | n/a |
| Opalgenix Inc | $150,000 | 3 | n/a |
| Teichos Laboratories LLC | $150,000 | 2 | n/a |
| Kovina Therapeutics Inc | $150,000 | 1 | n/a |
| Analyswift LLC | $150,000 | 1 | n/a |
| Carbon Solutions LLC | $150,000 | 1 | n/a |
| Trustees of Purdue University | $149,942 | 3 | n/a |
| Air Buoyant | $100,000 | 2 | n/a |
| Tessellated Inc | $100,000 | 1 | n/a |
| Covert Defenses LLC | $100,000 | 2 | n/a |
| Compact Medical Inc | $100,000 | 1 | n/a |
| Tayco Brace Inc | $99,813 | 2 | n/a |
| R Kumar dba Ateios | $87,445 | 2 | n/a |
| Dimension Mill INC | $71,500 | 3 | 5% |
| Indiana University Research & Technology Corporation | $71,000 | 2 | 9% |
| gener8tor | $66,667 | 1 | n/a |
| Columbus Area Chamber Foundation Inc | $65,000 | 1 | 11% |
| Trine University | $58,000 | 1 | 0% |
| University of Evansville | $58,000 | 2 | 0% |
| Ivy Tech Community College of In | $51,000 | 1 | n/a |
| HySonic Technologies | $50,000 | 1 | n/a |
| Wavelogix Inc | $50,000 | 1 | n/a |
| Cascade Metrix LLC | $50,000 | 1 | n/a |
| Maijker Corp | $50,000 | 1 | n/a |
| Grannus Therapeutics Inc | $50,000 | 1 | n/a |
| Wolf Technical Services Inc | $50,000 | 1 | n/a |
| Monon Bioventures LLC | $50,000 | 1 | n/a |
| Dencoda LLC | $50,000 | 1 | n/a |
| Figuro3D | $50,000 | 2 | n/a |
| Rescue Biomedical | $50,000 | 1 | n/a |
| Butler University | $50,000 | 1 | 0% |
| Transfoam LLC | $50,000 | 1 | n/a |
| Probari Inc | $50,000 | 1 | n/a |
| Neurodon LLC | $50,000 | 1 | n/a |
| M3sim LLC | $50,000 | 1 | n/a |
| Manufacturing Technology Inc | $50,000 | 1 | n/a |
| Indiana Institute of Technology Inc | $50,000 | 1 | 0% |
| Levisonics Inc | $50,000 | 1 | n/a |
| Amplified Sciences Inc | $50,000 | 1 | n/a |
| Independence Science LLC | $50,000 | 1 | n/a |
| University of Indianapolis | $50,000 | 1 | 0% |
| Wik Devices LLC | $50,000 | 1 | n/a |
| Ball State University | $50,000 | 1 | n/a |
| ZS System LLC | $50,000 | 1 | n/a |
| Valgotech LLC | $37,472 | 1 | n/a |
| Render PBC | $30,875 | 1 | n/a |
| ShopScope Inc | $30,000 | 1 | n/a |
| Slipstream | $25,000 | 1 | n/a |
| Covur | $25,000 | 1 | n/a |
| Structured Immunity | $25,000 | 1 | n/a |
| Frost Control Systems | $25,000 | 1 | n/a |
| Sengo LLC | $25,000 | 1 | n/a |
| Mindful Projects | $25,000 | 1 | n/a |
| Flato Inc | $25,000 | 1 | n/a |
| BioLine LLC | $25,000 | 1 | n/a |
| CODEinCLASS LLC | $25,000 | 1 | n/a |
| Purdue University Fort Wayne Foundation | $25,000 | 1 | n/a |
| Simba Chain | $25,000 | 1 | n/a |
| GiveGrove LLC | $25,000 | 1 | n/a |
| Healthy Points LLC | $25,000 | 1 | n/a |
| Atlas 3D | $25,000 | 1 | n/a |
| Polar Clean LLC | $24,984 | 1 | n/a |
| Third Coast Federal | $24,970 | 1 | n/a |
| BCI Solutions Inc | $24,963 | 1 | n/a |
| Simba Chain Inc | $24,945 | 1 | n/a |
| Flightprofiler LLC | $24,944 | 1 | n/a |
| Trek 10 | $24,732 | 1 | n/a |
| Sisk Rifles Manufacturing LLC | $24,324 | 1 | n/a |
| Invanti LLC | $22,500 | 1 | n/a |
| Access Ventures Inc | $20,000 | 1 | 0% |
| CreateAbility Concepts Inc | $12,701 | 1 | n/a |
| Ivy Tech Foundation Inc | $10,000 | 1 | 0% |
| General Ledger | $10,000 | 1 | n/a |
| Central Indiana Corporate Partnership Inc | $8,000 | 1 | 0% |
| Indiana Restaurant & Lodging Association | $8,000 | 1 | 1% |
| Impowerus Inc | $7,500 | 1 | n/a |
| Junior Achievement of Northern in Inc | $6,000 | 1 | 0% |
Plus 1 recipient with no EIN on record ($50k), not named here.
Where it is load-bearing
Each grantee by its size and the share of its budget Elevate Ventures Inc 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 set of overlaps that mostly run through this funder rather than between each other.
Open a dossier: University of Notre Dame du Lac
How this is measured
Warm introductions · Powered by PlinthPlus
How do I get to Elevate Ventures Inc?
Find your warmest path to Elevate Ventures Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Elevate Ventures Inc
- How much does Elevate Ventures Inc give?
- Elevate Ventures Inc reported 8 grants totaling $903,708 in its FY2024 IRS filing. It funded between 3 and 27 organizations a year over FY2017 to FY2023.
- What does Elevate Ventures Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Science & Tech (46%), Education (19%), Community Improvement (13%).
- Who are Elevate Ventures Inc's largest grantees?
- By total granted over FY2017 to FY2024: Next Level Manufacturing Institute LLC ($440k), Indiana University School of Medicine ($332k), Northeast Indiana Regional Partnership Inc ($330k).
- Does Elevate Ventures Inc fund new organizations?
- In FY2023, 50% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Elevate Ventures Inc?
- Its strongest co-funders, measured against what their size predicts, include University of Notre Dame du Lac.
- Where is Elevate Ventures Inc based?
- Elevate Ventures Inc is based in IN.
Play a game based on Elevate Ventures’ filings →