Michigan · Public charity
Venture North Funding and Development
Venture north's mission is to support the region's economic growth and community development efforts by providing funding options, offering technical assistance, and building connections for viable businesses, including low-to-moderate income opportunities.
- $557k
- Granted FY2021
- 6
- Itemized grants FY2021
- 5
- Organizations funded FY2021
- 100%
- First-time grantees FY2021
- Itemized, FY2021
- $53k
- The rest is grants the schedule does not break out
- Median grant, FY2021
- $8,885
- Largest grant, FY2021
- $8,885
- Organizations funded a year
- 1 to 5
- FY2020 to FY2021
- States reached, FY2021
- 1
- Total assets, FY2021
- $7.6M
How open it is to new grantees
In FY2021, 100% of the organizations Venture North Funding and Development funded were first-time grantees, receiving 100% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2021 | 5 | $53k | 100% |
| FY2020 | 1 | $8k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2021.
Top grantees
Largest recipients by total granted, FY2020 to FY2021, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Perrys Place Tc LLC | $17,770 | 1 | n/a |
| Brew LLC | $8,885 | 1 | n/a |
| Northpointe J&S LLC | $8,885 | 1 | n/a |
| The Little Fleet | $8,885 | 1 | n/a |
| Daisy Jane | $8,885 | 1 | n/a |
| The Tribune Ice Cream & Eatery | $7,800 | 1 | n/a |
Compare Venture North Funding and Development with peer funders
About Venture North Funding and Development
- How much does Venture North Funding and Development give?
- Venture North Funding and Development reported 6 itemized grants totaling $53,310, out of $557,041 in total grant expense reported on the return in its FY2021 IRS filing. It funded between 1 and 5 organizations a year over FY2020 to FY2021.
- What does Venture North Funding and Development fund?
- By grant dollars over FY2020 to FY2021, its largest causes are Public Safety & Disaster (100%).
- Who are Venture North Funding and Development's largest grantees?
- By total granted over FY2020 to FY2021: Perrys Place Tc LLC ($18k), Brew LLC ($9k), Northpointe J&S LLC ($9k).
- Does Venture North Funding and Development fund new organizations?
- In FY2021, 100% of the organizations it funded were first-time grantees.
- Where is Venture North Funding and Development based?
- Venture North Funding and Development is based in MI.
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