Pennsylvania · Public charity
Lehigh Valley Economic Development Corporation (Lvedc)
The mission of the lehigh valley economic development corporation is to market the economic assets of the lehigh valley and to create partnerships to support the recruitment, growth and retention of employers, and the creation of jobs for people of all skill and education levels.
- $32k
- Granted FY2024(still arriving)
- 1
- Itemized grants FY2024
- 3
- Organizations funded FY2023
- 33%
- First-time grantees FY2023
- Itemized, FY2024
- $27k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $27,000
- Largest grant, FY2024
- $27,000
- Organizations funded a year
- 1 to 4
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $5.9M
How open it is to new grantees
In FY2023, 33% of the organizations Lehigh Valley Economic Development Corporation (Lvedc) funded were first-time grantees, receiving 32% of its grant dollars.
New vs renewed · share of each year
In FY2023, 68% of grant dollars renewed an existing relationship; $22k 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 | 1 | $27k | 0% |
| FY2023 | 3 | $68k | 33% |
| FY2022 | 3 | $75k | 100% |
| FY2021 | 2 | $2.5M | 50% |
| FY2020 | 1 | $2.0M | 100% |
| FY2019 | 3 | $20k | 0% |
| FY2018 | 3 | $20k | 0% |
| FY2017 | 4 | $39k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| The Da Vinci Discovery Center of Science and Technology Inc | $3,996,000 | 2 | 67% |
| The Waterfront Development Company | $466,250 | 1 | n/a |
| Lehigh Valley Economic Investment Corp | $81,000 | 3 | 23% |
| Manufacturers Resource Center | $50,925 | 2 | 1% |
| Greater Lehigh Valley Chamber of Commerce Foundation | $30,000 | 3 | 3% |
| Lehigh Valley Workforce Investment Board Inc | $21,698 | 1 | 0% |
| City of Bethlehem | $19,025 | 1 | n/a |
| Lehigh University | $16,500 | 1 | 0% |
| Bethlehem Economic Development Corporation | $15,000 | 3 | 1% |
| Greater Easton Development Partnership | $15,000 | 3 | 0% |
Where it is load-bearing
Lehigh Valley Economic Development Corporation (Lvedc) supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 8 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Air Products Foundation · Lehigh Valley Community Foundation · United Way of the Greater Lehigh Valley · Ppl Foundation · American Online Giving Foundation Inc
How this is measured
Compare Lehigh Valley Economic Development Corporation (Lvedc) with peer funders
About Lehigh Valley Economic Development Corporation (Lvedc)
- How much does Lehigh Valley Economic Development Corporation (Lvedc) give?
- Lehigh Valley Economic Development Corporation (Lvedc) reported 1 itemized grants totaling $27,000, out of $32,000 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 4 organizations a year over FY2017 to FY2023.
- What does Lehigh Valley Economic Development Corporation (Lvedc) fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Science & Tech (85%), Environment (10%), Community Improvement (4%).
- Who are Lehigh Valley Economic Development Corporation (Lvedc)'s largest grantees?
- By total granted over FY2017 to FY2024: The Da Vinci Discovery Center of Science and Technology Inc ($4.0M), The Waterfront Development Company ($466k), Lehigh Valley Economic Investment Corp ($81k).
- Does Lehigh Valley Economic Development Corporation (Lvedc) fund new organizations?
- In FY2023, 33% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Lehigh Valley Economic Development Corporation (Lvedc)?
- Its strongest co-funders, measured against what their size predicts, include Air Products Foundation, Lehigh Valley Community Foundation, United Way of the Greater Lehigh Valley.
- Where is Lehigh Valley Economic Development Corporation (Lvedc) based?
- Lehigh Valley Economic Development Corporation (Lvedc) is based in PA.
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