AI Summary
WARD ECONOMIC DEVELOPMENT CORPORATION is a 501(c)(3) grantmaker that paid $1.3M across 30 grantees in filing year 2023. It does not accept unsolicited proposals and makes grants by invitation only; nonprofits can explore warm-introduction pathways via Impala's Funder Prospecting.
Mission Statement
WARD ECONOMIC DEVELOPMENT CORPORATION (WEDC) WAS INCORPORATED ON NOVEMBER 12, 1987 PURSUANT TO THE GENERAL NONPROFIT CORPORATION LAW OF THE STATE OF CALIFORNIA. WEDC WAS CREATED TO ACHIEVE THE FOLLOWING: (1) TO IDENTIFY AND PURSUE ECONOMIC DEVELOPMENT OPPORTUNITIES WITHIN THE CITY OF LOS ANGELES (2) PROVIDE 91 UNITS OF LOW-INCOME HOUSING THROUGH THE OPERATIONS OF TUELYN TERRACE AND (3) THE OPERATION AND AVAILABILITY OF ADDITIONAL LOW-INCOME AFFORDABLE HOUSING UNITS AT VARIOUS SCATTERED SITES IN LOS ANGELES.
Cause Areas
1
Housing development
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Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
The Rightway Foundation
Los Angeles, CA
$150K
4%
STEM TO THE FUTURE
Los Angeles, CA
$150K
4%
THE AMAAD INSTITUTE
Los Angeles, CA
$150K
4%
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Total No. of Grants
30
Median 1st year grant
$50K
Median 2nd year grant
$75K
Top 3 Grants
Matched grants only
Grantee
Grant Size
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- 63 grantees
- 11 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
Can I submit an unsolicited grant proposal to WARD ECONOMIC DEVELOPMENT CORPORATION?
No. WARD ECONOMIC DEVELOPMENT CORPORATION does not accept unsolicited proposals. Funding is by invitation only.
Where does WARD ECONOMIC DEVELOPMENT CORPORATION give?
WARD ECONOMIC DEVELOPMENT CORPORATION primarily gives to organizations located in California. 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 WARD ECONOMIC DEVELOPMENT CORPORATION’s grants?
The largest share of grants from WARD ECONOMIC DEVELOPMENT CORPORATION fall in the above $10 million range. The median first-year grant is about $50 thousand. More detailed grant size data is available to registered users.
How many grants does WARD ECONOMIC DEVELOPMENT CORPORATION make each year?
In 2023, WARD ECONOMIC DEVELOPMENT CORPORATION awarded about 30 grants, totaling nearly $1.3 million. More detailed grant metrics are available to registered users.
Who did WARD ECONOMIC DEVELOPMENT CORPORATION fund recently?
In 2024, WARD ECONOMIC DEVELOPMENT CORPORATION awarded grants to about 60 grantees. Recent grantees include The Rightway Foundation, STEM TO THE FUTURE, and THE AMAAD INSTITUTE. More detailed information on all recent recipients is available to registered users.
How do we apply to WARD ECONOMIC DEVELOPMENT CORPORATION?
WARD ECONOMIC DEVELOPMENT CORPORATION does not accept unsolicited proposals. Funding is by invitation only.