Grantmakers › New Hampshire

Granite State Economic Development Corp

Portsmouth, NH · EIN 02-0385121. Reported 38 grants totalling $1,079,500 to 25 organizations across tax years 2020-2024, on Form 990 Schedule I.

25organizations funded
$10,000median reported grant
$1,079,500granted, 2020-2024
12%of grantees funded again the next year
21%of dollars to its largest recipient

Does this grantmaker accept applications?

Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.

Three things in the filing do bear on it:

  1. What kind of organization it is. The IRS has no activity classification on file for this one, so we cannot tell you whether it is a community foundation or a single-institution support fund. The recipient list below is the better guide.
  2. How spread out its giving is. 25 distinct organizations, with 21% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
  3. How much its list changes. 12% of one year's grantees are funded again the next, across 4 year-to-year transitions. That is below the 56% median for grantmaking charities, and well below the 67% median for private foundations. It describes the organizations it already funds, not whether it would consider a new one.

How big are its grants?

The median reported grant is $10,000. Half of what it reported fell between $10,000 and $15,000; the smallest was $5,000 and the largest $200,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$5,000 - $10,000
4 grants
$10,000 - $25,000
26 grants
$25,000 - $50,000
3 grants
$50,000 - $100,000
2 grants
$100,000 - $250,000
3 grants

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.

OrganizationLocationTotal receivedGrantsYears fundedLast
University of New Hampshire Foundation IncorporatedDurham, NH$224,500422024
Mass General Brigham IncorporatedSomerville, MA$200,000112023
Mass General HospitalBoston, MA$200,000112022
University of New HampshireHampton, NH$97,500112022
Utec IncLowell, MA$45,000332024
Vermont Community Loan Fund IncMontpelier, VT$45,000332024
The Childrens Museum of New HampshireDover, NH$30,000332024
Community Capital of Vermont IncBarre, VT$25,000112024
Common ThreadsWestbrook, ME$20,000222022
Girls Inc of the ValleyHolyoke, MA$20,000222024
New England Villages IncPembroke, MA$20,000222024
Seeds of Hope Neighborhood CenterBiddeford, ME$20,000222024
University of Southern Maine FoundationPortland, ME$15,000112024
Boxes of Love for the HomelessCandia, NH$12,500112024
Kittery Land Trust IncKittery, ME$12,500112024
The Center for Grieving Children Gretchen a JohnsonPortland, ME$12,500112024
Big Brothers Big Sisters of New HampshireStratham, NH$10,000112021
Boys & Girls Club of Marshfield IncMarshfield, MA$10,000112020
Chase HomePortsmouth, NH$10,000112020
Friends ForeverDurham, NH$10,000112023
New Hampshire Small Business Dev Ct$10,000112022
Utec IncLowell, MA$10,000112022
Vermont Community Loan CenterMontpelier, VT$10,000112022
My Place Teen Center IncWestbrook, ME$5,000112020
Vermont Farm-to-School IncNewport, VT$5,000112020

8 of 25 (32%) received money in more than one year over the 5 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.

What the money was for

Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.

What kind of organizations it funds

By the activity category the IRS assigns each recipient, for the 16 of 25 recipients we could match to a registered organization. The categories are the IRS's, not ours -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Youth Development
5 orgs
Human Services
2 orgs
Education
1 org
Health Care
1 org
Housing & Shelter
1 org
Arts & Culture
1 org
Community Improvement
1 org
Religion
1 org

Giving by year

Tax yearGrants reportedTotalMedian grant
20205$40,000$10,000
20214$40,000$10,000
20226$337,500$10,000
202310$374,000$10,000
202413$288,000$12,500

Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.

Where its money goes

47% of its giving went to organizations in Massachusetts. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.

Massachusetts
$505K
New Hampshire
$394K
Vermont
$85K
Maine
$85K

Down to the city

Durham, NH
$234K
Somerville, MA
$200K
Boston, MA
$200K
Hampton, NH
$98K
Lowell, MA
$55K
Montpelier, VT
$55K

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Funders that support the same organizations

These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are a sign of overlapping priorities and nothing more: they do not show that any of these funders would consider a new organization. Each page says what its filings show.

Fidelity Investments Charitable Gift Fund15 shared recipientsDonor Advised Charitable Giving Inc11 shared recipientsAmerican Online Giving Foundation Inc10 shared recipientsVanguard Charitable Endowment Program8 shared recipientsMaine Community Foundation Inc8 shared recipientsEastern Bank Foundation7 shared recipients

How to approach this grantmaker

  1. Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
  2. Check you are its size. The median reported grant is $10,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
  3. Check you are in its geography. Its giving concentrates in Massachusetts.
  4. Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.

Related guides

Foundations funding human services in MassachusettsEvery funder in this groupFoundations funding education in MassachusettsEvery funder in this group

Where these numbers come from

Everything above is taken from Granite State Economic Development Corp's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 5 returns (tax years 2020-2024). Grant figures are from its returns. Recipient classifications, the concentration and retention figures and the funders that support the same organizations are our own calculations from them, described in how we build this.

Address of record on the latest return: 1 Cate St 3RD Floor, Portsmouth, NH, 03801.

EIN 02-0385121 · See the original filings on ProPublica · How we build this

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded.

Is something here wrong about your organization? Email [email protected] and we will correct it.