Virginia · Public charity
Martinsville-Henry County Economic Development Corp
To expand the tax base and provide jobs for the martinsville/henry county by encouraging expansion of local businesses and industries and by recruiting new businesses to locate.
- $378k
- Granted FY2025(still arriving)
- 4
- Itemized grants FY2025
- 4
- Organizations funded FY2024
- 25%
- First-time grantees FY2024
- Itemized, FY2025
- $196k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $20,000
- Largest grant, FY2025
- $150,000
- Organizations funded a year
- 2 to 7
- FY2017 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $1.6M
How open it is to new grantees
In FY2024, 25% of the organizations Martinsville-Henry County Economic Development Corp funded were first-time grantees, receiving 28% of its grant dollars.
New vs renewed · share of each year
In FY2024, 72% of grant dollars renewed an existing relationship; $20k 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 | 4 | $196k | 25% |
| FY2024 | 4 | $71k | 25% |
| FY2023 | 5 | $53k | 20% |
| FY2022 | 7 | $278k | 57% |
| FY2021 | 6 | $804k | 83% |
| FY2017 | 2 | $23k | n/a |
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 |
|---|---|---|---|
| Rooster Walk Inc | $32,000 | 4 | 1% |
Plus 13 recipients with no EIN on record ($1.4M), not named here.
Compare Martinsville-Henry County Economic Development Corp with peer funders
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How do I get to Martinsville-Henry County Economic Development Corp?
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About Martinsville-Henry County Economic Development Corp
- How much does Martinsville-Henry County Economic Development Corp give?
- Martinsville-Henry County Economic Development Corp reported 4 itemized grants totaling $195,500, out of $378,000 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 2 and 7 organizations a year over FY2017 to FY2024.
- What does Martinsville-Henry County Economic Development Corp fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Community Improvement (57%), Recreation & Sports (15%), Environment (13%).
- Who are Martinsville-Henry County Economic Development Corp's largest grantees?
- By total granted over FY2017 to FY2025: Rooster Walk Inc ($32k).
- Does Martinsville-Henry County Economic Development Corp fund new organizations?
- In FY2024, 25% of the organizations it funded were first-time grantees.
- Where is Martinsville-Henry County Economic Development Corp based?
- Martinsville-Henry County Economic Development Corp is based in VA.
Play a game based on Martinsville-Henry County Economic Development’s filings →