· Public charity
Rural Economic Development Center Inc
We champion rural north carolina by investing in people, communities and potentialand envision a rural north carolina where every rural voice matters and every ruralcommunity thrives.
What you funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year — across FY2019–2025.
Where the money goes
Your grants by size, and where they go.
By grant size · FY2025
- $10k–50k22 grants · $293k
- $50k–250k3 grants · $363k
- $250k+1 grant · $1.8M
| Recipient | Amount |
|---|---|
| NORTH CAROLINA STATE UNIVERSITY SMALL BUSINESS AND TECHNOLOGY DEVELOPMENT C | $1,826,647 |
| MDC INC | $218,412 |
| COOPERATIVE BAPTIST FELLOWSHIP | $95,000 |
| BLACKBURNS CHAPEL UMC | $50,000 |
| CALVARY PRESBYTERIAN CHURCH | $30,000 |
| FIRST UMC (FRANKLIN) | $30,000 |
| BETHESDA UMC | $30,000 |
| FIRST UMC (MURPHY) | $20,000 |
| FIRST UNITED METHODIST CHURCH | $13,401 |
| BLUESTONE MISSIONARY BAPTIST CHURCH | $10,000 |
| LAUREL HILL UMC | $10,000 |
| PROSPECT UNITED METHODIST CHURCH | $10,000 |
| OAK HILL UNITED METHODIST CHURCH | $10,000 |
| PLANK CHAPEL UMC | $10,000 |
| LC GRAVES MEMORIAL PRESBYTERIAN | $10,000 |
Do your dollars go where the need is?
Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.
Your human-services grants (FY23–25, $1.7M) land where the poverty rate runs at 9%, against an area that typically sits at 11%. 1% of those dollars go to grantees based in above-average-need neighborhoods. Your grants skew toward lower-need ZIPs.
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.
US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.
Who you back again
Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.
And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +12% since the first grant, against -1% for the ones you funded once.
6 repeat relationships — 0 still active in FY2025, 6 since wound down; 26 grantees were first funded in FY2025 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2025, 0% of grant dollars renewed an existing relationship; $2.5M went to new ones.
Where new relationships form · theme of each grantee’s first grant
First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.
Backed again, and grew
- PCPARTNER COMMUNITY CAPITAL INC2× · 2023–2024 · $975k · revenue +23%
- CCCAROLINA COMMUNITY IMPACT INC2× · 2023–2024 · $665k · revenue +12% · 31% of their budget
- BEBusiness Expansion Funding Corp2× · 2023–2024 · $550k · revenue +5%
Funded once
- ICINSTITUTE CAPITAL INCone grant, 2023 · $775k · revenue -47%
- MBMOUNTAIN BIZCAPITAL INCgraduatedone grant, 2023 · $736k · revenue +57%
Carolina Small Business Development Fundone grant, 2024 · $400k · revenue -1%
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.
To increase small business lending by providing appalachian member institutions that serve underserved people and communities with new sources of capital.
Adc is a nonprofit organization formed to further the economic development of south carolina by providing multiple financing options to qualified small businesses.
Our mission is to facilitate the investment of capital in south carolina in order to improve the quality of life for all her citizens by providing responsible and affordable financial products and services that are a major catalyst for…
First Community Capital, Inc. (FCCI) is a certified Community Development Financial Institution (CDFI) dedicated to expanding access to affordable capital and technical assistance for small businesses and individuals, with a focus on low-…
The specific objectives and purposes of this corporation shall be to assist individuals and communities, particularly those in low-income and socially disadvantaged areas, in the creation, expansion, and improvement of rural and…
Acc capital is a private nonprofit financial leader on a mission for economic change. we are dedicated to empowering entrepreneurs and uplifting communities with accessible loans, resources, and over 68 years of experience.
Creating economic opportunities in distressed rural communities.
To promote both small business and personal growth, productiveness and well being through loans, peer counseling, education, information, and other advocacy programs throughout cumberland county, north carolina.
To serve the state, member counties, municipalities and local community with job growth, employee training, and community development, planning services and economic development support.
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…
To provide assistance to small businesses
To provide financial assistance to small businesses. the organization is primarily involved in economic development lending activities providing state loan guarantees to bank and non-bank lenders through the state loan guarantee program…
For reference, the grantee most central to the portfolio’s shape is Thread Capital Inc and the most unlike its peers is F I R S T. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
13 grantees tracked through their own filings, 2017–2025.
Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.
Counted here: distinct organizations you funded across 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 13 of the 40 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.
Where your money sits — by cause, then by grantee
Each org by its size and your share of it — top-left is where you’re load-bearing
Go grantee by grantee — a decade per org, and how each moved after you funded them
A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.
- Who funds PARTNER COMMUNITY CAPITAL INC ↗
- Who funds INSTITUTE CAPITAL INC ↗
- Who funds MOUNTAIN BIZCAPITAL INC ↗
- Who funds ARRAY COMMUNITY DEVELOPMENT CORP ↗
- Who funds CAROLINA COMMUNITY IMPACT INC ↗
- Who funds Business Expansion Funding Corp ↗
- Who funds Carolina Small Business Development Fund ↗
- Who funds THREAD CAPITAL INC ↗
- Who funds MDC INC ↗
- Who funds Piedmont Business Capital ↗
- Who funds THE SEQUOYAH FUND INC ↗
- Who funds F I R S T ↗
- Who funds Annie Penn Memorial Hospital Foundation ↗
The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.
Open a dossier: Nc Idea · Dogwood Health Trust · Appalachian Community Capital Corporation · The Golden Leaf Inc · Truist Foundation Inc · National Philanthropic Trust · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.
Government reliance of your grantees
Every dot is one organization Rural Economic Development Center Inc funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.
Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.