Grantmaking public charityEIN 810465605
GREAT FALLS DEVELOPMENT AUTHORITY
GREAT FALLS, MT 59403
Total Assets
$32.8M
FY 2023
Annual Giving
$171K
FY 2023
Grants Made
1
FY 2023
Avg Grant
$171K
FY 2023
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$2.2MThe organization is a certified community development financial institution that provides gap and bridge financing to entrepreneurs, businesses, developers and non-profits who cannot secure all the financing they need from conventional sources. The organization has seven revolving loan funds capitalized from a variety of public and private sources. To date, the organization has made 190 loans totaling $65,797,674 that have made possible total investment of over $350,000,000, creating thousands of jobs, a number of new businesses and renovated properties, and hundreds of new apartments. The organization manages a separate non-profit, high plains financial, that is a sba-certified community development corporation providing sba 504 loans statewide across montana.
Program 2
$499KThe organization is developing a heavy industrial rail-served industrial park, the great falls agritech park, to provide sites not available from the private sector for business startups, expansions and attraction. The organization has sold lots in the park to four companies. To date, three companies have completed new facilities in the park.
Program 3
$91KSpecial projects
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$9.9M
Total Expenses
$4.3M
Giving Over Time
2 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
3 grants
Grant Size Distribution
3 grants
Geographic Focus
1 states
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