Overview

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Est.

1991

Latest Fiscal Year

Not available

Organization Type

Grantmaker

AI Summary

The Economic Corporation of Newport Inc is a 501(c)3 grantmaking organization that focuses on relationship-based funding and operates by invitation only, as it does not accept unsolicited proposals. Nonprofits interested in engaging with this funder can explore warm-introduction pathways via Impala's Funder Prospecting. In the 2024 filing year, the organization paid a total of $28K in grants to a single grantee.

Mission Statement

DEVELOP A PLAN FOR ECONOMIC DEVELOPMENT IN NEWPORT, NH, TO PROVIDE THE FOUNDATION FOR STRENGTHENING THE LOCAL ECONOMY AND TO PROMOTE A FAVORABLE CLIMATE FOR ECONOMIC GROWTH OVER AN EXTENDED PERIOD OF TIME, INCLUDING SUPPORTING JOB CREATION OPPORTUNITIES FOR LOW TO MODERATE INCOME PERSONS IN THE NEWPORT, NH AREA THORUGH THE RECRUITMENT OF NEW BUSINESSES.
Total Funding Given
$28K
2024
Grantees funded
1
Multi-year grantees
0%
Funding by Year
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Total No. of Grants
3
Median 1st year grant
$2.6K
Median 2nd year grant
N/A
B
Bryan Huot
Board Member
K
Kate Luppold
Board Member
G
Gary Dudman
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to ECONOMIC CORPORATION OF NEWPORT INC?
No. ECONOMIC CORPORATION OF NEWPORT INC does not accept unsolicited proposals. Funding is by invitation only.
Where does ECONOMIC CORPORATION OF NEWPORT INC give?
ECONOMIC CORPORATION OF NEWPORT INC primarily gives to organizations located in New Hampshire and 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 ECONOMIC CORPORATION OF NEWPORT INC’s grants?
The largest share of grants from ECONOMIC CORPORATION OF NEWPORT INC fall in the $5,000 to $25 thousand range. The median first-year grant is about $2,600. More detailed grant size data is available to registered users.
How many grants does ECONOMIC CORPORATION OF NEWPORT INC make each year?
In 2024, ECONOMIC CORPORATION OF NEWPORT INC awarded about 3 grants, totaling nearly $28 thousand. More detailed grant metrics are available to registered users.
Who did ECONOMIC CORPORATION OF NEWPORT INC fund recently?
In 2024, ECONOMIC CORPORATION OF NEWPORT INC awarded grants to about 1 grantees. Recent grantees include PAUL SMITHS COLLEGE OF ARTS & SCIENCES. More detailed information on all recent recipients is available to registered users.
How do we apply to ECONOMIC CORPORATION OF NEWPORT INC?
ECONOMIC CORPORATION OF NEWPORT INC does not accept unsolicited proposals. Funding is by invitation only.