Grantmaking public charityEIN 043478123
ROOT CAPITAL INC
CAMBRIDGE, MA 02142
Total Assets
$117.9M
FY 2024
Annual Giving
$583K
FY 2024
Grants Made
1
FY 2024
Avg Grant
$583K
FY 2024
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$8.1MAdvise: root capital's advisory services program provides targeted training to current and prospective clients in topics such as financial management, governance, agronomic capacity, digital business intelligence, climate resilience, gender equity, and more. Root capital's financial advisory services are designed to prepare businesses with growth potential to qualify for credit, to shepherd more prospective clients into our portfolio, and to mitigate the risk of lending to these businesses.root capital's advisory services program provides financial training to clients prior to receiving a loan and during the life of the loan as needed.though financial management training is the core offering of the organization's advisory program, root capital also provides complementary non-financial advisory services to help businesses overcome different challenges and position them for greater impact.
Program 2
$3.0MCatalyze: root capital seeks to catalyze a thriving financial market to support historically underserved rural small and growing businesses. The program's strategy is to:1. Innovate - conduct r&d, study impact at the household and business levels, and look for ways to increase impact.2. Accelerate - share learning from work with like-minded peers to build common standards and practices necessary for the industry to thrive and scale.through industry associations root capital plays a leadership role in building the enabling environment for rural small and growing business finance.as a non-profit committed to alleviating rural poverty, root capital seeks to maximize the positive social and environmental impact of our work. Economic, community, and environmental sustainability are all part of our core values.economic sustainability - root capital clients link small-scale farmers to markets that can offer higher and more stable prices than they have historically received. Root capital clients also generate employment including managers, accountants, agricultural extension staff, drivers, and workers at processing plants.community sustainability - farmer associations encourage participatory decision-making and are a source of community ownership and pride, making traditional agricultural activities more viable. Social impact includes stabilizing incomes in rural communities and creating new economic opportunities for women, indigenous peoples and other marginalized groups.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$23.8M
Total Expenses
$37.1M
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
5 grants
Grant Size Distribution
5 grants
Geographic Focus
3 states
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