Funder DirectoryANNE ARUNDEL ECONOMIC DEVELOPMENT
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Grantmaking public charityEIN 521810772

ANNE ARUNDEL ECONOMIC DEVELOPMENT

ANNAPOLIS, MD 21401

Total Assets

$10.2M

FY 2023

Annual Giving

$137K

FY 2023

Grants Made

8

FY 2023

Avg Grant

$17K

FY 2023

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$2.1M

Anne arundel economic development corporation serves as a manager of maryland small minority and women-owned business loan fund, which receives 1.5% of video lottery terminal revenue from maryland casinos. Small and minority, women and veteran owned businesses located within 10 miles of any of maryland's three casinos and those located elsewhere in the state may be eligible for loans of between $25,000 to $500,000 for purposes such as business and commercial real estate acquisition and expansion, leasehold improvements, equipment and vehicle purchase, and working capital.

Program 2

$289K

Agricultural marketing:providing leasing of agricultural equipment and objects and to promote and encourage the development of agriculture in anne arundel county and southern maryland.

Focus Areas

Community Improvement & Capacity Building

Financial Snapshot

2023 filing

Total Revenue

$4.4M

Total Expenses

$4.5M

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $12.8M in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

COURTYARD MANAGEMENT CORP
$217K
2 grants
INKA CORP
$200K
2 grants
WILLIAM HOLMES CONSULTING
$160K
2 grants
HARVEYS CORPORATION
$150K
3 grants
ANNAPOLIS HOSPITALITY COMPANY INC
$128K
2 grants
LAUREL ENTERPRISES LLC
$118K
2 grants
BWI HOSPITALITY LLC
$118K
2 grants

Grant Size Distribution

500 grants

<$10K
234
grants
$10–50K
202
grants
$50–250K
63
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

6 states

Maryland
$13.3M
99% of total
Tennessee
$74K
1% of total
Pennsylvania
$39K
0% of total
New York
$25K
0% of total
Missouri
$20K
0% of total
Washington
$13K
0% of total

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