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North Carolina · Public charity

Institute Capital Inc

Institute capital, inc. Is a not-for-profit organization whose purpose is to develop and/or preserve affordable housing, encourage and stimulate community and economic development, and expand economic opportunities and provide financing for community development. INSTITUTE CAPITAL INC. Is a community development financial institution…

$408k
Granted FY2022
5
Grants FY2022
5
Organizations funded FY2022
20%
First-time grantees FY2022
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Median grant, FY2022
$100,000
Largest grant, FY2022
$150,000
Organizations funded a year
1 to 11
FY2019 to FY2022
States reached, FY2022
1
Total assets, FY2022
$41M

How open it is to new grantees

In FY2022, 20% of the organizations Institute Capital Inc funded were first-time grantees, receiving 37% of its grant dollars.

New vs renewed · share of each year

In FY2022, 63% of grant dollars renewed an existing relationship; $150k went to new ones.

50%100%’20’21’22
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20225$408k20%
FY20216$192k0%
FY202011$408k100%
FY20191$300kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2022.

Public Safety & Disaster$1.0MHealth$300k

Top grantees

Largest recipients by total granted, FY2019 to FY2022, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Mount Sinai Foundation Incorporated$300,0001n/a

Plus 12 recipients with no EIN on record ($1.0M), not named here.

Compare Institute Capital Inc with peer funders

About Institute Capital Inc

How much does Institute Capital Inc give?
Institute Capital Inc reported 5 grants totaling $408,334 in its FY2022 IRS filing. It funded between 1 and 11 organizations a year over FY2019 to FY2022.
What does Institute Capital Inc fund?
By grant dollars over FY2019 to FY2022, its largest causes are Public Safety & Disaster (77%), Health (23%).
Who are Institute Capital Inc's largest grantees?
By total granted over FY2019 to FY2022: Mount Sinai Foundation Incorporated ($300k).
Does Institute Capital Inc fund new organizations?
In FY2022, 20% of the organizations it funded were first-time grantees.
Where is Institute Capital Inc based?
Institute Capital Inc is based in NC.

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 13 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 2022, released 2022. 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 $56k of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2022, the most recent year this funder named its grantees.

Source object · view filing

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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home