GrantmakersMaryland

Rockville Economic Development Inc

Rockville, MD · EIN 52-2056731. Reported 31 grants totalling $2,078,129 to 24 organizations across tax years 2020-2023, on Form 990 Schedule I.

24organizations funded
$20,000median reported grant
$2,078,129granted, 2020-2023
20%of grantees funded again the next year
72%of dollars to its largest recipient

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. For Rockville Economic Development Inc, the IRS classifies it under community improvement rather than as a grantmaker (NTEE S30Z) -- it is an operating charity that also makes grants.
  2. How spread out its giving is. 24 distinct organizations, with 72% of the dollars going to the largest single recipient. That is concentrated. Most of the money has a settled destination, and the remainder is what is realistically in play.
  3. How much its list changes. 20% of one year's grantees are funded again the next, across 3 year-to-year transitions. That is below the 57% median for grantmaking charities, and well below the 67% private foundations manage. A list that turns over this much is one a newcomer can realistically join.

How big are its grants?

The median reported grant is $20,000. Half of what it reported fell between $15,000 and $34,557; the smallest was $10,452 and the largest $500,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$10,000 - $25,000
19 grants
$25,000 - $50,000
8 grants
$100,000 - $250,000
1 grant
$250,000 Or More
3 grants

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.

OrganizationLocationTotal receivedGrantsYears fundedLast
Dm Rockville LLC Dba Dawson's MarketRockville, MD$1,500,000442023
Decipher Events LLCClarksburg, MD$49,550222023
Cottage Monet LLCRockville, MD$49,000222022
Interfaith Works IncRockville, MD$40,000112022
Nature By TrejokRockville, MD$40,000222023
Autonomous Therapeutics IncRockville, MD$36,000112020
Chaney CommunicationsRockville, MD$35,000222023
Montage Marketing Group LLCRockville, MD$34,800112023
Smathers and BransonRockville, MD$34,557112021
Launch Sp LLCRockville, MD$25,000112023
Walking Liberty LLCRockville, MD$25,000112023
Integrated Pharma Services LLCRockville, MD$22,360112020
Rockville Physical TherapyRockville, MD$20,000112022
Total Recon Auto CenterRockville, MD$20,000112020
Unlimited DetailingRockville, MD$20,000112023
Wani Designs LLCRockville, MD$20,000112022
Twinbrook DentalRockville, MD$16,000112021
Bev-Rage LLCRockville, MD$15,800112022
Omega 3 Nutrition IncRockville, MD$14,800112023
Kim EngineeringRockville, MD$14,245112021
Afc Urgent Care RockvilleRockville, MD$12,728112023
Neuro-Vision Therapy Center LLCRockville, MD$12,000112022
Next Level Rentals LLCRockville, MD$10,837112021
Premium Home Health Care LLCRockville, MD$10,452112023

5 of 24 (21%) 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.

What kind of organizations it funds

By each recipient's own IRS classification, for the 1 of 24 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.

Religion
1 org

Giving by year

Tax yearGrants reportedTotalMedian grant
20205$512,360$34,000
20215$575,639$16,000
202210$592,450$20,000
202311$397,680$20,000

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

Rockville, MD
$2.0M
Clarksburg, MD
$50K

Find more funders like Rockville Economic Development Inc

We read newly filed IRS returns and email you the grantmakers whose giving matches your state and cause, as they are published. Free.

No spam, unsubscribe in one click. We never sell or share your address.

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.

Worksource Montgomery Inc2 shared recipients

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 $20,000 -- 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 Maryland.
  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 Rockville Economic Development Inc's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 4 returns (tax years 2020-2023). Nothing here is scraped, inferred or estimated.

On its most recent return it told the IRS it made grants to 0 section 501(c)(3) organizations and 11 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: 51 Monroe Street Pe-20, Rockville, MD, 20850.

EIN 52-2056731 · See the original filings on ProPublica · How we build this

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded, which is the best available predictor of who it will fund next.

Is something here wrong about your organization? Email hello@funderscope.com and we will correct it.