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New York · Public charity

Grow America Fund Inc

The grow america fund, inc. ("gaf") has a primary mission to create economic opportunity, stimulate investment, and to encourage entrepreneurship in low-income communities by financing businesses and entrepreneurs that invest in those disadvantaged (cont. On schedule o) communities, and/or create jobs for low-income unemployed and…

$20k
Granted FY2020
3
Grants FY2020
3
Organizations funded FY2020
100%
First-time grantees FY2020
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Median grant, FY2020
$6,667
Largest grant, FY2020
$6,667
Organizations funded a year
1 to 3
FY2018 to FY2020
States reached, FY2020
3
Total assets, FY2020
$45M

How open it is to new grantees

In FY2020, 100% of the organizations Grow America Fund Inc funded were first-time grantees, receiving 100% of its grant dollars.

The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20203$20k100%
FY20181$53kn/a
75% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2020.

Community Improvement$13kCrime & Legal$7kOther$0

Top grantees

Largest recipients by total granted, FY2018 to FY2020, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
The Innocence Project Inc$6,66710%
Bond Educational Group Inc$6,6671n/a
Hola Ohio$6,66711%

Plus 1 recipient with no EIN on record ($53k), not named here.

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About Grow America Fund Inc

How much does Grow America Fund Inc give?
Grow America Fund Inc reported 3 grants totaling $20,001 in its FY2020 IRS filing. It funded between 1 and 3 organizations a year over FY2018 to FY2020.
What does Grow America Fund Inc fund?
By grant dollars over FY2018 to FY2020, its largest causes are Community Improvement (18%), Crime & Legal (9%).
Who are Grow America Fund Inc's largest grantees?
By total granted over FY2018 to FY2020: The Innocence Project Inc ($7k), Bond Educational Group Inc ($7k), Hola Ohio ($7k).
Does Grow America Fund Inc fund new organizations?
In FY2020, 100% of the organizations it funded were first-time grantees.
Where is Grow America Fund Inc based?
Grow America Fund Inc is based in NY.

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 4 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 2020, released 2020. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports no grant expense, so the figures above are from FY2020, the most recent year this funder made grants.

Source object · view filing

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