Grantmakers › Missouri

Missouri Technology Corporation

St Louis, MO · EIN 43-1341372. Reported 85 grants totalling $44.4M to 30 organizations across tax years 2021-2024, on Form 990 Schedule I.

Does this grantmaker accept applications?

Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.

Three things in the filing do bear on it:

1. What kind of organization it is. The IRS has no activity classification on file for this one, so we cannot tell you whether it is a community foundation or a single-institution support fund. The recipient list below is the better guide.
2. How spread out its giving is. 30 distinct organizations, with 21% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
3. How much its list changes. 55% of one year's grantees are funded again the next, across 3 year-to-year transitions. That is about the 57% median for grantmaking charities -- noticeably lower than the 67% private foundations manage. Organizations like this one rotate more of their list each year, which is where an opening for a newcomer tends to be.

How big are its grants?

The median reported grant is $200,000. Half of what it reported fell between $80,770 and $325,000; the smallest was $10,000 and the largest $9,450,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.

45 of those grants were non-cash -- goods, property or services worth $25.7M in total. In-kind giving is real support but it is not a cheque.

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.

19 of 30 (63%) received money in more than one year over the 4 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.

What the money was for

Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.

• Api Innovation Center $9,450,000 · 2022
  MTC GRANTED FUNDING TO DEVELOP ACTIVE PHARMACEUTICAL INGREDIENT MANUFACTURING INFRASTRUCTURE WITHIN MISSOURI
• Ignite Mo Loan Participation Program LLC $8,312,046 · 2024
  MTC PROVIDED FUNDING TO JUSTINE PETERSEN TO OPERATE THE IGNITE MO LOAN PARTICIPATION PROGRAM.
• Missouri State University $5,400,000 · 2022
  MTC GRANTED FUNDING TO DEVELOP SEMICONDUCTOR MANUFACTURING INFRASTRUCTURE WITHIN MISSOURI
• Mayfield Entrepreneurail Center $2,091,320 · 2023
  MTC GRANTED FUNDING FOR THE START-UP INCUBATOR & ACCELERATOR SPACE IN MARBLE HILL, MISSOURI
• Biostl $1,499,514 · 2024
  MTC GRANTED FUNDING TO PROVIDE SUPPORT FOR BIOSTL INCLUDING THE SUPPORT OF BIOGENERATOR'S NON-INVESTMENT ACTIVITIES.
• Bionexus Kc $936,050 · 2024
  MTC GRANTED FUNDING TO BIONEXUS KC PROVIDE SUPPORT FOR THE KC BIOHUB PROJECT IN KANSAS CITY, MISSOURI.

What kind of organizations it funds

By each recipient's own IRS classification, for the 20 of 30 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Giving by year

Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.

Where its money goes

Funders that support the same organizations

These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.

How to approach this grantmaker

1. Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
2. Check you are its size. The median reported grant is $200,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
3. Check you are in its geography. Its giving concentrates in Missouri.
4. Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.

Where these numbers come from

Everything above is taken from Missouri Technology Corporation's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred or estimated.

On its most recent return it told the IRS it made grants to 18 section 501(c)(3) organizations and 24 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.

Address of record on the latest return: 4220 Duncan Avenue Ste 201, St Louis, MO, 63110.

EIN 43-1341372 · See the original filings on ProPublica · How we build this

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