Virginia · Public charity
Grow Capital Jobs Foundation
The foundation is a nonprofit organization established to provide research, data, financial management and operational support to promote collaborative planning, economic development and workforce activities in connection with the job creation initiatives authorized and sponsored by the commonwealth of virginia and the cities and…
- $3.3M
- Granted FY2024(still arriving)
- 10
- Grants FY2024
- 8
- Organizations funded FY2023
- 0%
- First-time grantees FY2023
- Median grant, FY2024
- $300,000
- Largest grant, FY2024
- $880,486
- Organizations funded a year
- 7 to 13
- FY2020 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $593k
How open it is to new grantees
In FY2023, 0% of the organizations Grow Capital Jobs Foundation funded were first-time grantees, receiving 0% of its grant dollars.
New vs renewed · share of each year
In FY2023, 100% of grant dollars renewed an existing relationship; $0 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 | 10 | $3.3M | 20% |
| FY2023 | 8 | $2.5M | 0% |
| FY2022 | 9 | $2.3M | 22% |
| FY2021 | 13 | $783k | 77% |
| FY2020 | 7 | $2.8M | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.
Top grantees
Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Commonwealth Center for Advanced Manufacturing | $1,841,449 | 5 | 8% |
| Virginia's Gateway Region T/A Virginia's Gateway Region | $1,742,472 | 5 | 42% |
| Virginia Biotechnology Association | $1,269,630 | 4 | 55% |
| Greater Richmond Chamber of Commerce | $460,890 | 5 | 5% |
| Virginia Biotechnology Research Park Activation Capital | $378,313 | 1 | 29% |
| Rappahannock Community College | $300,000 | 1 | n/a |
| Southeastern Institute of Research | $80,999 | 1 | n/a |
Plus 14 recipients with no EIN on record ($5.6M), not named here.
About Grow Capital Jobs Foundation
- How much does Grow Capital Jobs Foundation give?
- Grow Capital Jobs Foundation reported 10 grants totaling $3,319,981 in its FY2024 IRS filing. It funded between 7 and 13 organizations a year over FY2020 to FY2023.
- What does Grow Capital Jobs Foundation fund?
- By grant dollars over FY2020 to FY2024, its largest causes are Community Improvement (49%), Science & Tech (39%), Education (12%).
- Who are Grow Capital Jobs Foundation's largest grantees?
- By total granted over FY2020 to FY2024: Commonwealth Center for Advanced Manufacturing ($1.8M), Virginia's Gateway Region T/A Virginia's Gateway Region ($1.7M), Virginia Biotechnology Association ($1.3M).
- Does Grow Capital Jobs Foundation fund new organizations?
- In FY2023, 0% of the organizations it funded were first-time grantees.
- Where is Grow Capital Jobs Foundation based?
- Grow Capital Jobs Foundation is based in VA.
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