Overview

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Est.

1994

Latest Fiscal Year

Not available

Organization Type

Grantmaker

AI Summary

TROY REDEVELOPMENT FOUNDATION INC is a 501(c)(3) grantmaker that reported $1.1M in total grants paid to 12 grantees in filing year 2023. It does not accept unsolicited proposals and makes grants through relationship-based, invitation-only engagement; nonprofits can explore warm-introduction pathways via Impala's Funder Prospecting.

Mission Statement

TO ENABLE NOT-FOR-PROFIT INSTITUTIONS TO FINANCIALLY ASSIST THE CITY OF TROY, NEW YORK AND THUS LESSEN THE BURDEN OF GOVERNMENT; TO ASSIST WITH ECONOMIC DEVELOPMENT, URBAN PROBLEMS AND IMPROVE THE QUALITY OF LIFE OF THE RESIDENTS OF THE CITY OF TROY AND ITS SURROUNDS.
Total Funding Given
$1.1M
2023
Grantees funded
2023
N/A
Multi-year grantees (all time)
27%
Funding by Year
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Total No. of Grants
15
Median 1st year grant
$20K
Median 2nd year grant
$45K
M
Martin a Schmidt
Board Member
M
Matthew Shaftel
Board Member
J
Jenny Rao
Board Member
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  • 15 grantees
  • 7 board & team members
  • 9 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

Can I submit an unsolicited grant proposal to TROY REDEVELOPMENT FOUNDATION INC?
No. TROY REDEVELOPMENT FOUNDATION INC does not accept unsolicited proposals. Funding is by invitation only.
Where does TROY REDEVELOPMENT FOUNDATION INC give?
TROY REDEVELOPMENT FOUNDATION INC primarily gives to organizations located in New York. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are TROY REDEVELOPMENT FOUNDATION INC’s grants?
The largest share of grants from TROY REDEVELOPMENT FOUNDATION INC fall in the above $10 million range. The median first-year grant is about $20 thousand. More detailed grant size data is available to registered users.
How many grants does TROY REDEVELOPMENT FOUNDATION INC make each year?
In 2023, TROY REDEVELOPMENT FOUNDATION INC awarded about 20 grants, totaling nearly $1.1 million. More detailed grant metrics are available to registered users.
Who did TROY REDEVELOPMENT FOUNDATION INC fund recently?
In 2024, TROY REDEVELOPMENT FOUNDATION INC awarded grants to about 20 grantees. Recent grantees include The Arts Center of the Capital Region, TROY SAVINGS BANK MUSIC HALL CORPORATION, and COMMISSION ON ECONOMIC OPPORTUNITY FOR THE GREATER CAPITAL REGION INC. More detailed information on all recent recipients is available to registered users.
How do we apply to TROY REDEVELOPMENT FOUNDATION INC?
TROY REDEVELOPMENT FOUNDATION INC does not accept unsolicited proposals. Funding is by invitation only.