North Carolina · Public charity
North Carolina Community Development Initiative Inc
North carolina community development initiative is a statewide public- private partnership that provides leadership and capital investment to high-performance community development corporations (cdcs) as well as other comminity based economic development endeavors, (I.e. Social enterprises) to improve the well being and quality of life…
- $1.1M
- Granted FY2019
- 2
- Itemized grants FY2019
- 2
- Organizations funded FY2019
- 50%
- First-time grantees FY2019
- Itemized, FY2019
- $917k
- The rest is grants the schedule does not break out
- Median grant, FY2019
- $800,000
- Largest grant, FY2019
- $800,000
- Organizations funded a year
- 2 to 5
- FY2017 to FY2019
- States reached, FY2019
- 1
How open it is to new grantees
In FY2019, 50% of the organizations North Carolina Community Development Initiative Inc funded were first-time grantees, receiving 13% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2019 | 2 | $917k | 50% |
| FY2017 | 5 | $1.8M | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2019.
Top grantees
Largest recipients by total granted, FY2017 to FY2019, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Institute Capital Inc | $1,904,235 | 2 | 51% |
Plus 5 recipients with no EIN on record ($768k), not named here.
Compare North Carolina Community Development Initiative Inc with peer funders
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About North Carolina Community Development Initiative Inc
- How much does North Carolina Community Development Initiative Inc give?
- North Carolina Community Development Initiative Inc reported 2 itemized grants totaling $916,667, out of $1,092,650 in total grant expense reported on the return in its FY2019 IRS filing. It funded between 2 and 5 organizations a year over FY2017 to FY2019.
- What does North Carolina Community Development Initiative Inc fund?
- By grant dollars over FY2017 to FY2019, its largest causes are Community Improvement (81%), Religion (16%).
- Who are North Carolina Community Development Initiative Inc's largest grantees?
- By total granted over FY2017 to FY2019: Institute Capital Inc ($1.9M).
- Does North Carolina Community Development Initiative Inc fund new organizations?
- In FY2019, 50% of the organizations it funded were first-time grantees.
- Where is North Carolina Community Development Initiative Inc based?
- North Carolina Community Development Initiative Inc is based in NC.