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Rural Economic Development Center INC

EIN: 56-1552375 • Raleigh, NC
Total Assets
$309.1M
Foundation endowment scale
Annual Giving
$2.5M
Annual capital distribution
Typical Grant
$10,000
Most grants: $10K – $30K
Application Status
Accepts New Applicants
Rolling review

About Rural Economic Development Center INC Grantmaking

Rural Economic Development Center INC is an institutional grantmaking foundation headquartered in Raleigh, NC (EIN: 56-1552375). According to verified IRS Form 990-PF filings, the foundation maintains $309.1M in total assets and distributed $2.5M across 70 grants. Its typical award size is $10,000, with the middle 50% of awards falling between $10K and $30K. Its primary funding focus includes Community & Economic Dev (39%), Human Services & Relief (35%), Philanthropy & Grantmaking (15%), with the highest concentration of grants awarded in NC (96%) and WV (3%).

Top Funded Causes% Capital
Community & Economic Dev39%
$1.9M deployed6 awards
Human Services & Relief35%
$1.7M deployed6 awards
Philanthropy & Grantmaking15%
$736K deployed1 awards
Public & Societal Benefit8%
$400K deployed1 awards
Religion Related2%
$115K deployed3 awards
Top Recipient States% Dollars
NC State Recipients96%
$8.4M funded68 grants
WV State Recipients3%
$250K funded1 grants
TN State Recipients1%
$95K funded1 grants
Grant Size DistributionAward Scale
Major Grants ($100K+)24%
17 large institutional grants
Mid-Sized ($25K–$100K)11%
8 standard program grants
Micro & Small (<$25K)64%
45 grassroots micro-awards
Application Guidelines & DeadlinesPublic Filing Data
Application Policy
Accepts Unsolicited Proposals
Submission Deadlines

Rolling review

Geographic Focus & Restrictions

NC statewide and regional focus

Program Officer & Direct Contacts

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Recent Grant AwardsShowing 5 of 70 verified awards
Recipient OrganizationLocationTax YearAward AmountGrant Purpose
North Carolina State University Small Business and Technology Development CRaleigh, NC2024$1,826,647Ssbci ta grant
Mdc INCDurham, NC2024$218,412Cdfi capacity building program grants
Cooperative Baptist FellowshipKnoxville, TN2024$95,000Faith in rural communities connect implementation grant
Blackburns Chapel UmcTodd, NC2024$50,000Faith in rural communities connect implementation grant
First Umc (franklin)Franklin, NC2024$30,000Faith in rural communities connect implementation grant
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Frequently Asked Questions about Rural Economic Development Center INC

Does Rural Economic Development Center INC accept unsolicited grant proposals?

Yes, Rural Economic Development Center INC accepts unsolicited grant proposals. Submission review cycle: Rolling review.

What is the typical grant size from Rural Economic Development Center INC?

The median grant size from Rural Economic Development Center INC is $10,000, with the middle 50% of awards ranging between $10K and $30K.

What causes does Rural Economic Development Center INC fund?

Over recent Form 990-PF filings, Rural Economic Development Center INC's primary funding areas have been Community & Economic Dev, Human Services & Relief, Philanthropy & Grantmaking.

How do I contact Rural Economic Development Center INC about a grant?

Rural Economic Development Center INC is headquartered in Raleigh, NC. Verified NPO Grant subscribers can access direct program officer telephone extensions, primary office numbers, and detailed submission guidelines.