Maryland · Public charity
Rockville Economic Development Inc
To identify and develop economic opportunities to help rockville prosper.
- $219k
- Granted FY2025(still arriving)
- 16
- Itemized grants FY2025
- 11
- Organizations funded FY2024
- 64%
- First-time grantees FY2024
- Itemized, FY2025
- $193k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $7,548
- Largest grant, FY2025
- $40,000
- Organizations funded a year
- 4 to 11
- FY2018 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $2.0M
How open it is to new grantees
In FY2024, 64% of the organizations Rockville Economic Development Inc funded were first-time grantees, receiving 36% of its grant dollars.
New vs renewed · share of each year
In FY2024, 64% of grant dollars renewed an existing relationship; $143k went to new ones.
RenewedFirst-time
Where new relationships form · theme of each grantee’s first grant
ReligionArts & CultureOther
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 year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 16 | $193k | 44% |
| FY2024 | 11 | $398k | 64% |
| FY2023 | 10 | $592k | 80% |
| FY2022 | 5 | $576k | 80% |
| FY2021 | 5 | $512k | 60% |
| FY2020 | 4 | $331k | 50% |
| FY2019 | 5 | $377k | 100% |
| FY2018 | 6 | $72k | 100% |
100% classified
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.
Community Improvement$2.8MHealth$112kHousing & Shelter$102kReligion$40kScience & Tech$21kEmployment$20k
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 |
|---|---|---|---|
| Dawsons Market | $2,100,000 | 6 | n/a |
| Cottage Monet LLC | $85,500 | 4 | n/a |
| Decipher Events LLC | $57,050 | 3 | n/a |
| Nature by Trejok | $47,500 | 3 | n/a |
| Montage Marketing Group | $40,440 | 2 | n/a |
| Interfaith Works | $40,000 | 1 | 0% |
| Podville Media | $40,000 | 1 | n/a |
| Autonomous Therapeutics Inc | $36,000 | 1 | n/a |
| Chaney Communications | $35,000 | 2 | n/a |
| Smathers and Branson | $34,557 | 1 | n/a |
Show all 45 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Dawsons Market | $2,100,000 | 6 | n/a |
| Cottage Monet LLC | $85,500 | 4 | n/a |
| Decipher Events LLC | $57,050 | 3 | n/a |
| Nature by Trejok | $47,500 | 3 | n/a |
| Montage Marketing Group | $40,440 | 2 | n/a |
| Interfaith Works | $40,000 | 1 | 0% |
| Podville Media | $40,000 | 1 | n/a |
| Autonomous Therapeutics Inc | $36,000 | 1 | n/a |
| Chaney Communications | $35,000 | 2 | n/a |
| Smathers and Branson | $34,557 | 1 | n/a |
| Walking Liberty LLC | $32,500 | 2 | n/a |
| Wani Designs LLC | $27,500 | 2 | n/a |
| Unlimited Detailing | $27,500 | 2 | n/a |
| Next Level Rentals & Realty | $25,837 | 2 | n/a |
| Montgomery County Green Bank Corporation | $25,520 | 1 | 0% |
| Launch Sp LLC | $25,000 | 1 | n/a |
| Omega 3 Nutrition Inc | $24,348 | 2 | n/a |
| Julian Sisman Dba Prepare for Performance | $22,952 | 2 | n/a |
| Integrated Pharma Services LLC | $22,360 | 1 | n/a |
| Champions Oncology Inc | $21,939 | 1 | n/a |
| Drb Enterprises LLC | $20,000 | 1 | n/a |
| Rockville Physical Therapy | $20,000 | 1 | n/a |
| Total Recon Auto Center | $20,000 | 1 | n/a |
| Innovative Cellular Therapeutics Inc | $20,000 | 1 | n/a |
| Avendra LLC | $20,000 | 1 | n/a |
| Dia Corporation Inc | $16,000 | 1 | n/a |
| Twinbrook Dental | $16,000 | 1 | n/a |
| Bev-Rage LLC | $15,800 | 1 | n/a |
| The Tot Space | $15,440 | 1 | n/a |
| Kim Engineering | $14,245 | 1 | n/a |
| Lurn Inc | $14,000 | 1 | n/a |
| Center for Rheumatic Diseases and Osteoporosis | $13,600 | 1 | n/a |
| Barnallen Technologies Inc | $13,555 | 1 | n/a |
| Afc Urgent Care Rockville | $12,728 | 1 | n/a |
| Neuro-Vision Therapy Center LLC | $12,000 | 1 | n/a |
| Peerless Rockville Historic Preservation Ltd | $8,500 | 1 | 3% |
| The Donaldson Group LLC | $7,548 | 1 | n/a |
| Mokobio Biotechnology R&D Center Inc | $7,000 | 1 | n/a |
| Ojc Consulting | $6,876 | 1 | n/a |
| Kalibri Labs | $6,000 | 1 | n/a |
| Kng Health Consulting LLC | $5,750 | 1 | n/a |
| Lady Vinter | $5,500 | 1 | n/a |
| Eurekafacts LLC | $5,375 | 1 | n/a |
| Gapbuster Inc | $5,220 | 1 | n/a |
| A-Tech Systems | $5,000 | 1 | n/a |
Compare Rockville Economic Development Inc with peer funders
About Rockville Economic Development Inc
- How much does Rockville Economic Development Inc give?
- Rockville Economic Development Inc reported 16 itemized grants totaling $193,016, out of $218,818 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 4 and 11 organizations a year over FY2018 to FY2024.
- What does Rockville Economic Development Inc fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Community Improvement (90%), Health (4%), Housing & Shelter (3%).
- Who are Rockville Economic Development Inc's largest grantees?
- By total granted over FY2017 to FY2025: Dawsons Market ($2.1M), Cottage Monet LLC ($86k), Decipher Events LLC ($57k).
- Does Rockville Economic Development Inc fund new organizations?
- In FY2024, 64% of the organizations it funded were first-time grantees.
- Where is Rockville Economic Development Inc based?
- Rockville Economic Development Inc is based in MD.
Play a game based on Rockville Economic Development’s filings →
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