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New York · Public charity

Troy Redevelopment Foundation Inc

To enable not-for-profit institutions located in the city of troy to financially assist and otherwise assist the city of troy; to foster economic development and to assist the city of troy in solving urban problems; and, to provide the city of troy funds to be used to enhance economic development and formulate educational programs which…

$1.1M
Granted FY2023
15
Grants FY2023
14
Organizations funded FY2023
71%
First-time grantees FY2023
Read the full brief
Median grant, FY2023
$20,000
Largest grant, FY2023
$391,900
Organizations funded a year
2 to 14
FY2020 to FY2023
States reached, FY2023
1
Total assets, FY2023
$476k

How open it is to new grantees

In FY2023, 71% of the organizations Troy Redevelopment Foundation Inc funded were first-time grantees, receiving 31% of its grant dollars.

New vs renewed · share of each year

In FY2023, 69% of grant dollars renewed an existing relationship; $325k went to new ones.

50%100%’21’22’23
RenewedFirst-time

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

’21’22’23
Arts & CultureCommunity ImprovementCivil RightsEnvironmentYouth DevelopmentHuman ServicesOther
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
FY202314$1.1M71%
FY20225$555k40%
FY20212$321k0%
FY20205$619kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2023.

Public Benefit$1.5MArts & Culture$556kCommunity Improvement$155kHousing & Shelter$100kRecreation & Sports$99kYouth Development$66kCivil Rights$63kEnvironment$20kOther$0

Top grantees

Largest recipients by total granted, FY2020 to FY2023, and the share of each one’s budget the grants supplied at peak.

Show all 16 grantees

Plus 1 recipient with no EIN on record ($13k), not named here.

Where it is load-bearing

Troy Redevelopment Foundation Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 14 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetThe Arts Center of the Capital Region: $198,500 over 3y, 9.2% of budgetTroy Savings Bank Music Hall Corporation: $125,000 over 3y, 2.9% of budgetCommission on Economic Opportunity for the Greater Capital Region Inc: $100,000 over 1y, 0.6% of budgetContemporary Circus and Immersive Arts Center: $85,800 over 1y, 56% of budgetRensselaer County Historical Society Inc: $65,000 over 2y, 13% of budgetLansingburgh Boys & Girls Club Inc: $56,209 over 1y, 14% of budgetIn Our Own Voices Inc: $50,000 over 1y, 1.9% of budgetRensselaer County Regional Chamber of Commerce Inc: $34,500 over 2y, 2.9% of budgetDistrict Management Assoc Downtown Troy Business Improvement Dist Inc: $20,000 over 1y, 8.6% of budgetHudson Mohawk Industrial Gateway: $20,000 over 1y, 8.2% of budgetCapital Roots Inc: $10,000 over 1y, 0.3% of budgetTroy Youth Association Inc: $10,000 over 1y, 4.8% of budgetMedia Alliance Inc: $10,000 over 1y, 2.0% of budgetCollar Works Inc: $7,000 over 1y, 1.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 14.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The McCarthy Charities IncNY28.4× affinity11 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The McCarthy Charities Inc · The Community Foundation for the Greater Capital Region Inc · The Howard and Bush Foundation Inc · Stephen J McKee Foundation · The Troy Savings Bank Charitable Fo · Capital District Physicians' Health Plan Inc · Price Chopper's Golub Foundation · Ge Aerospace Foundation · Tw Lucille a Herold -Co-Trustee 26-209270 · Kiwi Foundation · The Bender Family Foundation · Preservation League of New York State

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Troy Redevelopment Foundation Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Troy Redevelopment Foundation Inc?

Find your warmest path to Troy Redevelopment Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Troy Redevelopment Foundation Inc

How much does Troy Redevelopment Foundation Inc give?
Troy Redevelopment Foundation Inc reported 15 grants totaling $1,067,200 in its FY2023 IRS filing. It funded between 2 and 14 organizations a year over FY2020 to FY2023.
What does Troy Redevelopment Foundation Inc fund?
By grant dollars over FY2020 to FY2023, its largest causes are Public Benefit (58%), Arts & Culture (22%), Community Improvement (6%).
Who are Troy Redevelopment Foundation Inc's largest grantees?
By total granted over FY2020 to FY2023: City of Troy New York ($1.7M), The Arts Center of the Capital Region ($199k), Troy Savings Bank Music Hall Corporation ($125k).
Does Troy Redevelopment Foundation Inc fund new organizations?
In FY2023, 71% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Troy Redevelopment Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include The McCarthy Charities Inc, The Community Foundation for the Greater Capital Region Inc, The Howard and Bush Foundation Inc.
Where is Troy Redevelopment Foundation Inc based?
Troy Redevelopment Foundation Inc 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 17 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 no grant expense, so the figures above are from FY2023, the most recent year this funder made grants.

Source object · view filing

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