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Connecticut · Public charity

The Community Economic Development Fund Foundation Inc

To strengthen neighborhood economies by providing flexible financing and technical support to businesses, community organizations and initiatives throughout connecticut. We help to stabilize and grow small businesses so individuals may realize their dreams, families may celebrate increased financial independence, and communities may…

$15k
Granted FY2022
1
Itemized grants FY2022
1
Organizations funded FY2022
0%
First-time grantees FY2022
Read the full brief
Itemized, FY2022
$5k
The rest is grants the schedule does not break out
Median grant, FY2022
$5,000
Largest grant, FY2022
$5,000
Organizations funded a year
1 to 2
FY2018 to FY2022
States reached, FY2022
1
Total assets, FY2022
$22M

How open it is to new grantees

In FY2022, 0% of the organizations The Community Economic Development Fund Foundation Inc funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2022, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’19’21’22
RenewedFirst-time

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

’19’21’22
Community ImprovementEducationEmployment
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
FY20221$5k0%
FY20212$8k100%
FY20191$10k100%
FY20181$10kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2022.

Community Improvement$33k

Top grantees

Largest recipients by total granted, FY2018 to FY2022, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Economic Development Corporation of New Haven$10,00010%
City of Waterbury$10,0001n/a
Entrepreneurship Foundation Inc$7,50021%
International Hartford Ltd$5,00013%

Compare The Community Economic Development Fund Foundation Inc with peer funders

About The Community Economic Development Fund Foundation Inc

How much does The Community Economic Development Fund Foundation Inc give?
The Community Economic Development Fund Foundation Inc reported 1 itemized grants totaling $5,000, out of $15,000 in total grant expense reported on the return in its FY2022 IRS filing. It funded between 1 and 2 organizations a year over FY2018 to FY2022.
What does The Community Economic Development Fund Foundation Inc fund?
By grant dollars over FY2018 to FY2022, its largest causes are Community Improvement (100%).
Who are The Community Economic Development Fund Foundation Inc's largest grantees?
By total granted over FY2018 to FY2022: Economic Development Corporation of New Haven ($10k), City of Waterbury ($10k), Entrepreneurship Foundation Inc ($8k).
Does The Community Economic Development Fund Foundation Inc fund new organizations?
In FY2022, 0% of the organizations it funded were first-time grantees.
Where is The Community Economic Development Fund Foundation Inc based?
The Community Economic Development Fund Foundation Inc is based in CT.

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 2022, released 2022. 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 $15k 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 FY2022, the most recent year this funder named its grantees.

Source object · view filing

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More from the funding graph

The unnamed billions
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The endowment market
who holds foundation money, and what just moved
The camps
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By state
where grant money is based, and what stays home