Illinois · Public charity
Land of Lincoln Economic Development Corporation
To pursue economic prosperity and growth for sangamon county and the city of springfield by creating a financially sound community able to attract new businesses and skilled talent, while retaining today's profitable companies and their local workforce.
- $105k
- Granted FY2021
- 2
- Itemized grants FY2021
- 2
- Organizations funded FY2021
- 50%
- First-time grantees FY2021
- Itemized, FY2021
- $103k
- The rest is grants the schedule does not break out
- Median grant, FY2021
- $65,000
- Largest grant, FY2021
- $65,000
- Organizations funded a year
- 1 to 2
- FY2018 to FY2021
- States reached, FY2021
- 1
- Total assets, FY2021
- $298k
How open it is to new grantees
In FY2021, 50% of the organizations Land of Lincoln Economic Development Corporation funded were first-time grantees, receiving 63% of its grant dollars.
New vs renewed · share of each year
In FY2021, 37% of grant dollars renewed an existing relationship; $65k 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 |
|---|---|---|---|
| FY2021 | 2 | $103k | 50% |
| FY2020 | 1 | $50k | 0% |
| FY2019 | 1 | $29k | 100% |
| FY2018 | 1 | $300k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2021.
Top grantees
Largest recipients by total granted, FY2018 to FY2021, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| The Board of Trustees of the University of Illinois | $300,000 | 1 | n/a |
| The Greater Springfield Chamber of Commerce | $117,067 | 3 | 6% |
| New Community Improvement Inc | $65,000 | 2 | n/a |
Compare Land of Lincoln Economic Development Corporation with peer funders
About Land of Lincoln Economic Development Corporation
- How much does Land of Lincoln Economic Development Corporation give?
- Land of Lincoln Economic Development Corporation reported 2 itemized grants totaling $102,900, out of $105,283 in total grant expense reported on the return in its FY2021 IRS filing. It funded between 1 and 2 organizations a year over FY2018 to FY2021.
- What does Land of Lincoln Economic Development Corporation fund?
- By grant dollars over FY2018 to FY2021, its largest causes are Community Improvement (100%).
- Who are Land of Lincoln Economic Development Corporation's largest grantees?
- By total granted over FY2018 to FY2021: The Board of Trustees of the University of Illinois ($300k), The Greater Springfield Chamber of Commerce ($117k), New Community Improvement Inc ($65k).
- Does Land of Lincoln Economic Development Corporation fund new organizations?
- In FY2021, 50% of the organizations it funded were first-time grantees.
- Where is Land of Lincoln Economic Development Corporation based?
- Land of Lincoln Economic Development Corporation is based in IL.
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