California · Public charity
Ward Economic Development Corporation
WARD ECONOMIC DEVELOPMENT CORPORATION (wedc) was incorporated on november 12, 1987 pursuant to the general nonprofit corporation law of the state of california. Wedc was created to achieve the following: (1) to identify and pursue economic development opportunities within the city of los angeles (2) provide 91 units of low-income housing…
- $1.3M
- Granted FY2023
- 30
- Grants FY2023
- 30
- Organizations funded FY2023
- 77%
- First-time grantees FY2023
- Median grant, FY2023
- $45,000
- Largest grant, FY2023
- $75,000
- Organizations funded a year
- 30 to 43
- FY2022 to FY2023
- States reached, FY2023
- 1
- Total assets, FY2023
- $7.4M
How open it is to new grantees
In FY2023, 77% of the organizations Ward Economic Development Corporation funded were first-time grantees, receiving 70% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2023 | 30 | $1.3M | 77% |
| FY2022 | 43 | $2.7M | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2023.
Top grantees
Largest recipients by total granted, FY2022 to FY2023, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| STEM to the Future | $150,000 | 2 | 14% |
| Westmont Counseling Center | $150,000 | 2 | 23% |
| The Amaad Institute | $150,000 | 2 | 2% |
| The Rightway Foundation | $150,000 | 2 | 4% |
| Mothers-In-Action Inc | $100,000 | 2 | n/a |
| She Ready Foundation | $75,000 | 1 | 27% |
| Gailen & Cathy Reevers Center for Community Empowerment Inc | $75,000 | 1 | n/a |
| Turning Point Alcohol and Drug Education Program Inc | $75,000 | 1 | 4% |
| Bridge Builders Foundation Inc | $75,000 | 1 | 4% |
| Bethel la Community Development Corporation | $75,000 | 1 | n/a |
Show all 65 grantees
Plus 1 recipient with no EIN on record ($175k), not named here.
Where it is load-bearing
Ward Economic Development Corporation supplied at least a quarter of the budget for 6 of its grantees at some point. The chart plots its 49 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
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.
Open a dossier: California Community Foundation · Weingart Foundation · United Way Inc · Christ-Centered Ministries · Community Partners · Liberty Hill Foundation · Shelter Partnership Inc · Southern California Grantmakers · Kaiser Foundation Hospitals · The California Endowment · The Annenberg Foundation · Los Angeles Regional Food Bank
How this is measured
Compare Ward Economic Development Corporation with peer funders
Warm introductions · Powered by PlinthPlus
How do I get to Ward Economic Development Corporation?
Find your warmest path to Ward Economic Development Corporation 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 Ward Economic Development Corporation
- How much does Ward Economic Development Corporation give?
- Ward Economic Development Corporation reported 30 grants totaling $1,338,500 in its FY2023 IRS filing. It funded between 30 and 43 organizations a year over FY2022 to FY2023.
- What does Ward Economic Development Corporation fund?
- By grant dollars over FY2022 to FY2023, its largest causes are Human Services (18%), Health (15%), Youth Development (13%).
- Who are Ward Economic Development Corporation's largest grantees?
- By total granted over FY2022 to FY2023: STEM to the Future ($150k), Westmont Counseling Center ($150k), The Amaad Institute ($150k).
- Does Ward Economic Development Corporation fund new organizations?
- In FY2023, 77% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Ward Economic Development Corporation?
- Its strongest co-funders, measured against what their size predicts, include California Community Foundation, Weingart Foundation, United Way Inc.
- Where is Ward Economic Development Corporation based?
- Ward Economic Development Corporation is based in CA.
Play a game based on Ward Economic Development’s filings →