Logo for "RURAL ECONOMIC DEVELOPMENT CENTER INC"

RURAL ECONOMIC DEVELOPMENT CENTER INC

RURAL ECONOMIC DEVELOPMENT CENTER INC

Raleigh, NC, US
501(c)3
EIN
56-1552375
Regional Funder
Logo for "RURAL ECONOMIC DEVELOPMENT CENTER INC"

RURAL ECONOMIC DEVELOPMENT CENTER INC

Raleigh, NC, US
501(c)3
EIN
56-1552375
Regional Funder

Overview

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Est.

1987

Fiscal Year Start

Jul 1

Organization Type

funder logo
Grantmaker
AI Summary
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The Rural Economic Development Center Inc is a 501(c)(3) grantmaking organization that focuses on funding initiatives primarily in North Carolina, West Virginia, and Tennessee. It operates on a relationship-based engagement model and does not accept unsolicited proposals, making grants by invitation only. Nonprofits interested in connecting with the center can explore warm-introduction pathways through Impala's Funder Prospecting.

Mission Statement

WE CHAMPION RURAL NORTH CAROLINA BY INVESTING IN PEOPLE, COMMUNITIES AND POTENTIAL.
Total Funding Given

$2.3M

2024
Grantees funded
15
Multi-year grantees
47%
Funding by Year
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Total No. of Grants

21

Median 1st year grant
$100K
Median 2nd year grant
$63.8K
P
Patrick Woodie
Board Member
D
Daniel Michael
Board Member
L
Laura Carlson
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to RURAL ECONOMIC DEVELOPMENT CENTER INC?
No. RURAL ECONOMIC DEVELOPMENT CENTER INC does not accept unsolicited proposals. Funding is by invitation only.
Where does RURAL ECONOMIC DEVELOPMENT CENTER INC give?
RURAL ECONOMIC DEVELOPMENT CENTER INC primarily gives to organizations located in North Carolina, West Virginia, and Tennessee. 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 RURAL ECONOMIC DEVELOPMENT CENTER INC’s grants?
The largest share of grants from RURAL ECONOMIC DEVELOPMENT CENTER INC fall in the $5,000 to $25 thousand range. The median first-year grant is about $100 thousand. More detailed grant size data is available to registered users.
How many grants does RURAL ECONOMIC DEVELOPMENT CENTER INC make each year?
In 2024, RURAL ECONOMIC DEVELOPMENT CENTER INC awarded about 20 grants, totaling nearly $2.3 million. More detailed grant metrics are available to registered users.
Who did RURAL ECONOMIC DEVELOPMENT CENTER INC fund recently?
In 2025, RURAL ECONOMIC DEVELOPMENT CENTER INC awarded grants to about 20 grantees. Recent grantees include PARTNER COMMUNITY CAPITAL INC, INSTITUTE CAPITAL INC, and MOUNTAIN BIZCAPITAL INC. More detailed information on all recent recipients is available to registered users.
How do we apply to RURAL ECONOMIC DEVELOPMENT CENTER INC?
RURAL ECONOMIC DEVELOPMENT CENTER INC does not accept unsolicited proposals. Funding is by invitation only.
Overview
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