Massachusetts · Public charity
Root Capital Inc
Root capital seeks to increase incomes and stabilize employment for farmers in africa, south-east asia, and latin america. Root capital does this through a proven channel: support for agricultural businesses that collect and market the crops of thousands of farmers. Through a unique combination of capital, training, and access to global…
- $1.3M
- Granted FY2024(still arriving)
- 1
- Itemized grants FY2024
- 3
- Organizations funded FY2023
- 33%
- First-time grantees FY2023
- Itemized, FY2024
- $583k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $583,458
- Largest grant, FY2024
- $583,458
- Organizations funded a year
- 1 to 3
- FY2021 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $116M
How open it is to new grantees
In FY2023, 33% of the organizations Root Capital Inc funded were first-time grantees, receiving 90% of its grant dollars.
New vs renewed · share of each year
In FY2023, 10% of grant dollars renewed an existing relationship; $436k went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 1 | $583k | 0% |
| FY2023 | 3 | $486k | 33% |
| FY2022 | 1 | $19k | 0% |
| FY2021 | 2 | $118k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2024.
Top grantees
Largest recipients by total granted, FY2021 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Catholic Relief Services | $1,019,305 | 2 | n/a |
| Sustainable Food Laboratory Inc | $126,667 | 2 | 3% |
| The Chain Collaborative | $61,000 | 3 | 10% |
About Root Capital Inc
- How much does Root Capital Inc give?
- Root Capital Inc reported 1 itemized grants totaling $583,458, out of $1,317,438 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 3 organizations a year over FY2021 to FY2023.
- What does Root Capital Inc fund?
- By grant dollars over FY2021 to FY2024, its largest causes are Public Safety & Disaster (84%), Food & Nutrition (10%), Community Improvement (5%).
- Who are Root Capital Inc's largest grantees?
- By total granted over FY2021 to FY2024: Catholic Relief Services ($1.0M), Sustainable Food Laboratory Inc ($127k), The Chain Collaborative ($61k).
- Does Root Capital Inc fund new organizations?
- In FY2023, 33% of the organizations it funded were first-time grantees.
- Where is Root Capital Inc based?
- Root Capital Inc is based in MA.
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