Pennsylvania · Public charity
Innovation Works Inc
See schedule oinnovation works' mission is to increase the success rate of the region's technology and technology adopting companies through direct investment, business assistance, and infrastructure development. Underlying iw's mission is the belief that innovation is a key engine of growth for the southwestern pennsylvania region.…
- $485k
- Granted FY2025(still arriving)
- 10
- Itemized grants FY2025
- 12
- Organizations funded FY2024
- 100%
- First-time grantees FY2024
- Itemized, FY2025
- $444k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $25,000
- Largest grant, FY2025
- $125,000
- Organizations funded a year
- 3 to 17
- FY2018 to FY2024
- States reached, FY2025
- 2
- Total assets, FY2025
- $46M
How open it is to new grantees
In FY2024, 100% of the organizations Innovation Works 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; $518k 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 | 10 | $444k | 80% |
| FY2024 | 12 | $518k | 100% |
| FY2023 | 8 | $384k | 88% |
| FY2022 | 3 | $46k | 67% |
| FY2021 | 9 | $121k | 89% |
| FY2020 | 17 | $624k | 94% |
| FY2019 | 8 | $91k | 100% |
| FY2018 | 9 | $363k | 100% |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.
Top grantees
Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Footbridge for Families Inc | $170,000 | 1 | 64% |
| Farm to Flame Energy Inc | $150,000 | 1 | n/a |
| Precision Neuroscopics | $150,000 | 1 | n/a |
| Pathvu | $127,420 | 2 | n/a |
| Astria Biosciences Inc | $125,000 | 1 | n/a |
| University of Pittsburgh | $113,214 | 1 | 0% |
| Honeycomb Credit Inc | $110,000 | 1 | n/a |
| Carnegie Mellon University | $109,998 | 3 | 0% |
| Pennsylvania State University | $100,000 | 1 | n/a |
| Washington & Jefferson College | $100,000 | 1 | 0% |
Show all 74 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Footbridge for Families Inc | $170,000 | 1 | 64% |
| Farm to Flame Energy Inc | $150,000 | 1 | n/a |
| Precision Neuroscopics | $150,000 | 1 | n/a |
| Pathvu | $127,420 | 2 | n/a |
| Astria Biosciences Inc | $125,000 | 1 | n/a |
| University of Pittsburgh | $113,214 | 1 | 0% |
| Honeycomb Credit Inc | $110,000 | 1 | n/a |
| Carnegie Mellon University | $109,998 | 3 | 0% |
| Pennsylvania State University | $100,000 | 1 | n/a |
| Washington & Jefferson College | $100,000 | 1 | 0% |
| Meerkat Village LLC | $100,000 | 1 | n/a |
| Korion Health Inc | $90,000 | 1 | n/a |
| Sustainible LLC | $75,000 | 1 | n/a |
| Urban Innovation21 | $75,000 | 1 | 4% |
| Bindr Inc | $75,000 | 1 | n/a |
| Civic Champs Inc | $60,000 | 1 | n/a |
| Junebrain Inc | $53,000 | 1 | n/a |
| Make It Home Safe LLC | $50,000 | 1 | n/a |
| Testa Seat Inc | $50,000 | 1 | n/a |
| Leaficient Inc | $45,000 | 2 | n/a |
| Cassian Solutions Inc | $45,000 | 1 | n/a |
| Duquesne University of the Holy Spirit | $43,235 | 1 | 0% |
| Hamill Manufacturing | $37,248 | 1 | n/a |
| Cleanrobotics Inc | $35,000 | 1 | n/a |
| Bansen Labs LLC | $29,767 | 2 | n/a |
| Veloai Inc | $27,500 | 1 | n/a |
| Cognowear Inc | $25,000 | 1 | n/a |
| Glassautomatic Inc Dba Rolf Glass | $25,000 | 1 | n/a |
| S & K Cosmetics | $25,000 | 1 | n/a |
| Admirra Inc | $25,000 | 1 | n/a |
| Expressive Painimation Co | $25,000 | 1 | n/a |
| Journey Robotics Inc | $25,000 | 1 | n/a |
| Sparkwear Inc | $25,000 | 1 | n/a |
| Near Earth Autonomy Inc | $25,000 | 1 | n/a |
| Thiopoly LLC | $25,000 | 1 | n/a |
| Wright Wold Scientific LLC | $25,000 | 1 | n/a |
| Hibersense Inc | $25,000 | 1 | n/a |
| Adrich Inc | $25,000 | 1 | n/a |
| Farm Jenny LLC | $24,064 | 1 | n/a |
| Cell X | $22,586 | 1 | n/a |
| Kenson Plastics Inc | $22,500 | 1 | n/a |
| Sealion Energy Inc | $20,000 | 1 | n/a |
| Atlas Medtech LLC | $20,000 | 1 | n/a |
| Zoobean Inc | $20,000 | 1 | n/a |
| Beamdata Inc | $20,000 | 1 | n/a |
| Homewood Chidren's Village | $20,000 | 1 | 1% |
| Shelfmark Inc | $18,967 | 1 | n/a |
| Pimios LLC | $17,125 | 1 | n/a |
| D Squared Plant Traps LLC | $15,000 | 1 | n/a |
| Raven Industries Inc | $15,000 | 1 | n/a |
| Sterile Vision Inc | $15,000 | 1 | n/a |
| L&S Machine Company | $14,974 | 1 | n/a |
| Encotech Inc | $14,941 | 2 | n/a |
| Nside Out Spaces | $12,500 | 1 | n/a |
| Leading Technologies Inc | $12,122 | 1 | n/a |
| Leaders of Change LLC | $11,000 | 1 | n/a |
| Ahemet Antidotes LLC | $10,000 | 1 | n/a |
| Trek Gum LLC | $10,000 | 1 | n/a |
| Benchtop Bioreactors Inc | $10,000 | 1 | n/a |
| Connect Wolf Inc | $10,000 | 1 | n/a |
| Touchwood Labs Inc | $10,000 | 1 | n/a |
| Optimus Technologies Inc | $9,925 | 1 | n/a |
| Forsight Assistive Devices LLC | $9,150 | 1 | n/a |
| Luminaerospace LLC | $7,178 | 1 | n/a |
| Othot Inc | $7,000 | 1 | n/a |
| Super Powers Mobility Inc | $6,769 | 1 | n/a |
| Estat Actuation Inc | $6,393 | 1 | n/a |
| Realbotics Inc | $6,250 | 1 | n/a |
| The Weinel Group Corp Dba Rock-N-Rescue | $6,000 | 1 | n/a |
| Leese and Company | $6,000 | 1 | n/a |
| Arin Technologies Inc | $5,984 | 1 | n/a |
| Keystone Ridge Designs Inc | $5,178 | 1 | n/a |
| Sloan Brothers Company | $5,035 | 1 | n/a |
| Digitalkonnect LLC | $5,000 | 1 | n/a |
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About Innovation Works Inc
- How much does Innovation Works Inc give?
- Innovation Works Inc reported 10 itemized grants totaling $444,355, out of $485,450 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 3 and 17 organizations a year over FY2018 to FY2024.
- What does Innovation Works Inc fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Science & Tech (40%), Community Improvement (21%), Health (10%).
- Who are Innovation Works Inc's largest grantees?
- By total granted over FY2017 to FY2025: Footbridge for Families Inc ($170k), Farm to Flame Energy Inc ($150k), Precision Neuroscopics ($150k).
- Does Innovation Works Inc fund new organizations?
- In FY2024, 100% of the organizations it funded were first-time grantees.
- Where is Innovation Works Inc based?
- Innovation Works Inc is based in PA.
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