Maryland · Public charity
Ignite Capital Inc
Ignite capital is a social impact fund with the mission to 1) empower and resource baltimore social enterprises in economically distressed communitites, 2)support the overall efforts of these social enterprises to attract future investments in support of their mission and, 3) contribute to ongoing efforts in ensuring baltimore…
- $54k
- Granted FY2025(still arriving)
- 7
- Itemized grants FY2025
- 2
- Organizations funded FY2024
- 100%
- First-time grantees FY2024
- Itemized, FY2025
- $36k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $5,000
- Largest grant, FY2025
- $6,000
- Organizations funded a year
- 2 to 7
- FY2021 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $5.0M
How open it is to new grantees
In FY2024, 100% of the organizations Ignite Capital Inc funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2024, 0% of grant dollars renewed an existing relationship; $18k 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 |
|---|---|---|---|
| FY2025still arriving | 7 | $36k | 100% |
| FY2024 | 2 | $18k | 100% |
| FY2023 | 5 | $74k | 80% |
| FY2022 | 4 | $58k | 75% |
| FY2021 | 7 | $240k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2025.
Top grantees
Largest recipients by total granted, FY2021 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Infinite Focus Inc | $120,028 | 3 | n/a |
| Sonavi Labs | $50,000 | 1 | n/a |
| Cydeploy Inc | $50,000 | 1 | n/a |
| Femly | $50,000 | 1 | n/a |
| Ecomap Technologies Inc | $25,000 | 1 | n/a |
| Flip-A-Buck | $12,000 | 1 | n/a |
| Yoke Management LLC | $11,000 | 1 | n/a |
| Lasarrus Clinic and Research Center | $10,000 | 1 | n/a |
| Plantation Park Heights Urban Farming | $10,000 | 1 | 5% |
| More Watters LLC | $10,000 | 1 | n/a |
Show all 23 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Infinite Focus Inc | $120,028 | 3 | n/a |
| Sonavi Labs | $50,000 | 1 | n/a |
| Cydeploy Inc | $50,000 | 1 | n/a |
| Femly | $50,000 | 1 | n/a |
| Ecomap Technologies Inc | $25,000 | 1 | n/a |
| Flip-A-Buck | $12,000 | 1 | n/a |
| Yoke Management LLC | $11,000 | 1 | n/a |
| Lasarrus Clinic and Research Center | $10,000 | 1 | n/a |
| Plantation Park Heights Urban Farming | $10,000 | 1 | 5% |
| More Watters LLC | $10,000 | 1 | n/a |
| Tykia Yavonnia Ouzts | $8,500 | 1 | n/a |
| Acres4Change Inc | $8,000 | 1 | 15% |
| Freshmeet U LLC | $7,000 | 1 | n/a |
| Yachtsy LLC | $6,200 | 1 | n/a |
| Natural Born Champions Inc | $6,200 | 1 | 5% |
| Noisy Tenants | $6,000 | 1 | n/a |
| Unicorn and Woodsman LLC | $6,000 | 1 | n/a |
| Identity Access Project | $5,000 | 1 | 3% |
| Emmjay LLC | $5,000 | 1 | n/a |
| Revolutionary Hearts Industries LLC | $5,000 | 1 | n/a |
| Wild Bay LLC | $5,000 | 1 | n/a |
| Monneah's Engineered Materials | $5,000 | 1 | n/a |
| What the Sprout | $5,000 | 1 | n/a |
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About Ignite Capital Inc
- How much does Ignite Capital Inc give?
- Ignite Capital Inc reported 7 itemized grants totaling $36,000, out of $53,550 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 2 and 7 organizations a year over FY2021 to FY2024.
- What does Ignite Capital Inc fund?
- By grant dollars over FY2021 to FY2025, its largest causes are Religion (30%), Human Services (19%), Science & Tech (13%).
- Who are Ignite Capital Inc's largest grantees?
- By total granted over FY2021 to FY2025: Infinite Focus Inc ($120k), Sonavi Labs ($50k), Cydeploy Inc ($50k).
- Does Ignite Capital Inc fund new organizations?
- In FY2024, 100% of the organizations it funded were first-time grantees.
- Where is Ignite Capital Inc based?
- Ignite Capital Inc is based in MD.
Play a game based on Ignite Capital’s filings →