Overview

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Est.

1995

Fiscal Year Start

Jan 1

Organization Type

Grantmaker

AI Summary

Laurel Hill Development Corporation is a 501(c)(3) grantmaking organization that primarily engages in relationship-based funding, operating by invitation only and not accepting unsolicited proposals. Since its inception in 2014, it has disbursed a total of $155.6K in grants to a single grantee. Nonprofits interested in potential funding opportunities can explore warm-introduction pathways through Impala's Funder Prospecting.

Mission Statement

LAUREL HILL DEVELOPMENT CORPORATION WAS FORMED TO ADVANCE, PROMOTE AND SUPPORT THE CHARITABLE PURPOSES OF FAY-PENN ECONOMIC DEVELOPMENT COUNCIL(FAY-PENN EDC), AN EXEMPT ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OF THE INTERNAL REVENUE CODE, BY PROMOTING INDUSTRIAL DEVELOPMENT IN FAYETTE COUNTY, PENNSYLVANIA, AND SOUTHWESTERN PENNSYLVANIA AND BY HOLDING CASH AND INVESTMENT INCOME TO SUPPORT THE MISSION OF FAY-PENN EDC. THE ORGANIZATION INITIALLY MAINTAINED AND OPERATED 26 MILES OF A RAIL LINE LOCATED IN FAYETTE COUNTY, PA NECESSARY FOR FPEDC TO PROMOTE THE INDUSTRIAL DEVELOPMENT OF THE AREA.
Total Funding Given
$155.7K
2014
Grantees funded
1
Multi-year grantees
100%
Funding by Year
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Evaluate your own portfolio
Understand the health of your own grantees and uncover signs of risk.
Total No. of Grants
1
Median 1st year grant
$1M
Median 2nd year grant
$155.7K
R
Rusty Smalley
Board Member
R
Robert Shark
Board Member
M
Michael Jordan
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to LAUREL HILL DEVELOPMENT CORPORATION?
No. LAUREL HILL DEVELOPMENT CORPORATION does not accept unsolicited proposals. Funding is by invitation only.
Where does LAUREL HILL DEVELOPMENT CORPORATION give?
LAUREL HILL DEVELOPMENT CORPORATION primarily gives to organizations located in Pennsylvania. 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 LAUREL HILL DEVELOPMENT CORPORATION’s grants?
The largest share of grants from LAUREL HILL DEVELOPMENT CORPORATION fall in the $100 thousand to $250 thousand range. The median first-year grant is about $1 million. More detailed grant size data is available to registered users.
How many grants does LAUREL HILL DEVELOPMENT CORPORATION make each year?
In 2014, LAUREL HILL DEVELOPMENT CORPORATION awarded about 1 grants, totaling nearly $156 thousand. More detailed grant metrics are available to registered users.
Who did LAUREL HILL DEVELOPMENT CORPORATION fund recently?
In 2014, LAUREL HILL DEVELOPMENT CORPORATION awarded grants to about 1 grantees. Recent grantees include FAY-PENN ECONOMIC DEVELOPMENT COUNCIL. More detailed information on all recent recipients is available to registered users.
How do we apply to LAUREL HILL DEVELOPMENT CORPORATION?
LAUREL HILL DEVELOPMENT CORPORATION does not accept unsolicited proposals. Funding is by invitation only.