Overview

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Est.

1968

Latest Fiscal Year

Not available

Organization Type

Grantmaker

AI Summary

PIDC-FINANCING CORPORATION is a 501(c) grantmaking organization that focuses on relationship-based funding and operates by invitation only, meaning it does not accept unsolicited proposals. In 2021, it awarded a total of $16.4 million in grants to a single grantee. Nonprofits interested in exploring warm-introduction pathways can utilize Impala's Funder Prospecting.

Mission Statement

PIDC FINANCING CORPORATION (PIDC FC) ADMINISTERS LOAN PROGRAMS THAT ARE FUNDED BY THE COMMONWEALTH OF PENNSYLVANIA, INCLUDING THE PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY (PIDA) LOAN PROGRAM.
Total Funding Given
$16.4M
2021
Grantees funded
1
Multi-year grantees
0%
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
774
Median 1st year grant
$2M
Median 2nd year grant
N/A
R
Rob Dubow
Board Member
F
Fred Cosenza
Board Member
J
Jay Goldstein
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to PIDC-FINANCING CORPORATION?
No. PIDC-FINANCING CORPORATION does not accept unsolicited proposals. Funding is by invitation only.
Where does PIDC-FINANCING CORPORATION give?
PIDC-FINANCING CORPORATION primarily gives to organizations located in Pennsylvania, Florida, and Maryland. 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 PIDC-FINANCING CORPORATION’s grants?
The largest share of grants from PIDC-FINANCING CORPORATION fall in the above $10 million range. The median first-year grant is about $2 million. More detailed grant size data is available to registered users.
How many grants does PIDC-FINANCING CORPORATION make each year?
In 2021, PIDC-FINANCING CORPORATION awarded about 770 grants, totaling nearly $16.4 million. More detailed grant metrics are available to registered users.
Who did PIDC-FINANCING CORPORATION fund recently?
In 2024, PIDC-FINANCING CORPORATION awarded grants to about 1 grantees. Recent grantees include PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION. More detailed information on all recent recipients is available to registered users.
How do we apply to PIDC-FINANCING CORPORATION?
PIDC-FINANCING CORPORATION does not accept unsolicited proposals. Funding is by invitation only.