Funder DirectoryCAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA
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Grantmaking public charityEIN 556024192

CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA

Charleston, WV 25301

Total Assets

$10.7M

FY 2024

Annual Giving

$50K

FY 2024

Grants Made

1

FY 2024

Avg Grant

$50K

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$390K

Operation of Business Incubator - Program supports entrepreneurial and small business development. Goals include: increasing awareness of the incubator as an available resource for entrepreneurs in the local area; providing low cost office space for entrepreneurs and start-ups; linking tenant entrepreneurs to available consulting services; providing central location for small business referrals to partners and support systems; increased visibility for entrepreneurs through networking and professional development opportunities.

Program 2

$277K

Community Development - We work diligently to increase our natural and built assets through sustainable redevelopment initiatives. Goals include: stimulating new housing growth in downtown Charleston, developing a formal structure for downtown management and marketing, enhancing our downtown promotional efforts, creating community anchors in the urban core, supporting arts and culture throughout Kanawha County, supporting small businesses with targeted grant opportunities. Our collaborative programs assist with the revitalization of small rural communities, build strong communities and enhance the quality of life in the greater Charleston area.

Program 3

$142K

Other program services include benefits and opportunities provided to member businesses such as: networking, professional development, referrals and communication.

Financial Snapshot

2024 filing

Total Revenue

$2.7M

Total Expenses

$1.9M

Giving Over Time

2 years

Giving over time from 2020 to 2024. Peak $241K in 2020. Hover bars for details.

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

Top Recipients

2 grants

Infor (US) Inc
$241K
1 grant
TC Energy
$50K
1 grant

Grant Size Distribution

2 grants

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

Geographic Focus

2 states

Georgia
$241K
83% of total
West Virginia
$50K
17% of total

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CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA — Grants, Financials & Contact | Grantivo