INVEST APPALACHIA INC
AI Summary
INVEST APPALACHIA INC is a nonprofit organization focused on environmental initiatives in Central Appalachia. Its mission is to provide blended investment capital to enhance business opportunities, promote equitable local wealth, and improve the overall quality of life in the region. With an operating budget of $2.3 million in 2023, it has secured significant funding from prominent sources such as THE ROBERT WOOD JOHNSON FOUNDATION and NEW VENTURE FUND, but does not rely on any single funder for 50% or more of its revenue.
Mission Statement
INVEST APPALACHIA (IA) IS A REGIONAL IMPACT INVESTMENT PLATFORM DESIGNED BY AND FOR THE PEOPLE OF CENTRAL APPALACHIA. IA PROVIDES BLENDED INVESTMENT CAPITAL TO STRENGTHEN BUSINESS OPPORTUNITIES, BUILD EQUITABLE LOCAL WEALTH, ADVANCE CRITICAL SECTORS, AND INCREASE QUALITY OF LIFE FOR EVERYONE IN CENTRAL APPALACHIA. IA WAS INITIATED THROUGH THE APPALACHIA FUNDERS NETWORK AND DEVELOPED BY A COLLABORATIVE GROUP OF REGIONAL LEADERS REPRESENTING CDFIS, PUBLIC AND PRIVATE PHILANTHROPIC ENTITIES, LOCAL INSTITUTIONS, AND COMMUNITY ORGANIZATIONS.
Cause Areas
1
Environment
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is INVEST APPALACHIA INC’s budget?
In 2023, INVEST APPALACHIA INC reported an annual operating budget of around $2.3 million. More detailed financial information is available to registered users.
What causes does INVEST APPALACHIA INC support?
INVEST APPALACHIA INC supports work in Environment.
Where does INVEST APPALACHIA INC operate?
INVEST APPALACHIA INC is headquartered in ASHEVILLE, NC.
Who funded INVEST APPALACHIA INC recently?
In 2024, INVEST APPALACHIA INC received grants from John D and Catherine T MacArthur Foundation (Consolidated), Rockefeller Philanthropy Advisors Inc, and DOGWOOD HEALTH TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant INVEST APPALACHIA INC received in 2024?
The largest grant to INVEST APPALACHIA INC in 2024 exceeds $755 thousand.