Skip to content
Foundation Dossiers

New York · Public charity

Southern Tier Region Economic Development Corporation

To promote industrial development and economic prosperity in broome county, chemung county, chenango county, delaware county, schuyler county, steuben county, tioga county, and tompkins county.

$601k
Granted FY2023
2
Grants FY2023
2
Organizations funded FY2023
50%
First-time grantees FY2023
Read the full brief
Median grant, FY2023
$580,595
Largest grant, FY2023
$580,595
Organizations funded a year
1 to 2
FY2018 to FY2023
States reached, FY2023
1
Total assets, FY2023
$14M

How open it is to new grantees

In FY2023, 50% of the organizations Southern Tier Region Economic Development Corporation funded were first-time grantees, receiving 3% of its grant dollars.

New vs renewed · share of each year

In FY2023, 97% of grant dollars renewed an existing relationship; $21k went to new ones.

50%100%’19’21’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’19’21’23
HealthOther
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 yearOrganizations fundedTo those organizationsFirst-time grantees
FY20232$601k50%
FY20211$300k100%
FY20191$80k0%
FY20182$589kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2023.

Health$1.3MEmployment$300k

Top grantees

Largest recipients by total granted, FY2018 to FY2023, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
The Research Foundation for The State University of New York$1,078,22430%
City of Hornell Industrial Development Agency$300,0001n/a
Arnot Health Inc$171,3791n/a
Arnot Ogden Medical Center$20,72410%

Compare Southern Tier Region Economic Development Corporation with peer funders

About Southern Tier Region Economic Development Corporation

How much does Southern Tier Region Economic Development Corporation give?
Southern Tier Region Economic Development Corporation reported 2 grants totaling $601,319 in its FY2023 IRS filing. It funded between 1 and 2 organizations a year over FY2018 to FY2023.
What does Southern Tier Region Economic Development Corporation fund?
By grant dollars over FY2018 to FY2023, its largest causes are Health (81%), Employment (19%).
Who are Southern Tier Region Economic Development Corporation's largest grantees?
By total granted over FY2018 to FY2023: The Research Foundation for The State University of New York ($1.1M), City of Hornell Industrial Development Agency ($300k), Arnot Health Inc ($171k).
Does Southern Tier Region Economic Development Corporation fund new organizations?
In FY2023, 50% of the organizations it funded were first-time grantees.
Where is Southern Tier Region Economic Development Corporation based?
Southern Tier Region Economic Development Corporation is based in NY.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 4 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports $2k of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2023, the most recent year this funder named its grantees.

Source object · view filing

Play a game based on Southern Tier Region Economic Development’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home