New York · Public charity
Griffiss Institute Inc
The griffiss institute aims to develop the next generation of stem talent and defense technologies that will strengthen u.s. National security and create economic opportunity for our region, state and nation.
- $1.2M
- Granted FY2024(still arriving)
- 8
- Itemized grants FY2024
- 10
- Organizations funded FY2023
- 90%
- First-time grantees FY2023
- Itemized, FY2024
- $591k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $32,500
- Largest grant, FY2024
- $280,000
- Organizations funded a year
- 1 to 10
- FY2019 to FY2023
- Total assets, FY2024
- $7.0M
How open it is to new grantees
In FY2023, 90% of the organizations Griffiss Institute Inc funded were first-time grantees, receiving 99% of its grant dollars.
New vs renewed · share of each year
In FY2023, 1% of grant dollars renewed an existing relationship; $708k 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 | $591k | 75% |
| FY2023 | 10 | $718k | 90% |
| FY2022 | 2 | $300k | 100% |
| FY2021 | 6 | $311k | 83% |
| FY2020 | 6 | $188k | 100% |
| FY2019 | 1 | $8k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.
Top grantees
Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Drone City LLC | $345,000 | 2 | n/a |
| Utah STEM Foundation Inc | $223,000 | 2 | 35% |
| Thermoai Inc | $200,000 | 1 | n/a |
| Bloomoptix | $199,633 | 1 | n/a |
| Empower Equity Inc | $160,000 | 1 | n/a |
| Cyberspora Inc | $110,000 | 2 | n/a |
| Bosonq Psi Corp | $110,000 | 1 | n/a |
| Paterson Aerospace Systems Corp | $105,000 | 1 | n/a |
| Prevision Corp | $100,000 | 1 | n/a |
| Vistex Composites | $100,000 | 2 | n/a |
Show all 22 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Drone City LLC | $345,000 | 2 | n/a |
| Utah STEM Foundation Inc | $223,000 | 2 | 35% |
| Thermoai Inc | $200,000 | 1 | n/a |
| Bloomoptix | $199,633 | 1 | n/a |
| Empower Equity Inc | $160,000 | 1 | n/a |
| Cyberspora Inc | $110,000 | 2 | n/a |
| Bosonq Psi Corp | $110,000 | 1 | n/a |
| Paterson Aerospace Systems Corp | $105,000 | 1 | n/a |
| Prevision Corp | $100,000 | 1 | n/a |
| Vistex Composites | $100,000 | 2 | n/a |
| Skytubelive | $41,067 | 1 | n/a |
| Space Innovation Academy | $25,000 | 1 | n/a |
| Kquika Inc | $15,000 | 1 | n/a |
| Northrop Grumman Systems Corp | $10,000 | 1 | n/a |
| Plaid Parliament of Pwng | $10,000 | 1 | n/a |
| Cryptic Vector LLC | $10,000 | 1 | n/a |
| Dicegang LLC | $10,000 | 1 | n/a |
| Seven Point Labs | $8,000 | 1 | n/a |
| Aipa Incorporated | $8,000 | 1 | n/a |
| Atolla Surveillance | $8,000 | 1 | n/a |
| Imagine Aerial Incorporated | $8,000 | 1 | n/a |
| Cdna | $6,045 | 1 | n/a |
Plus 7 recipients with no EIN on record ($304k), not named here.
About Griffiss Institute Inc
- How much does Griffiss Institute Inc give?
- Griffiss Institute Inc reported 8 itemized grants totaling $590,750, out of $1,220,250 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 10 organizations a year over FY2019 to FY2023.
- What does Griffiss Institute Inc fund?
- By grant dollars over FY2019 to FY2024, its largest causes are Science & Tech (47%), Community Improvement (13%), Arts & Culture (11%).
- Who are Griffiss Institute Inc's largest grantees?
- By total granted over FY2019 to FY2024: Drone City LLC ($345k), Utah STEM Foundation Inc ($223k), Thermoai Inc ($200k).
- Does Griffiss Institute Inc fund new organizations?
- In FY2023, 90% of the organizations it funded were first-time grantees.
- Where is Griffiss Institute Inc based?
- Griffiss Institute Inc is based in NY.
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