Anne Arundel Economic Development
TO SERVE BUSINESS NEEDS AND TO INCREASE ANNE ARUNDEL COUNTY ECONOMIC BASE THROUGH JOB GROWTH AND INVESTMENT.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$10.2M
-3.8% YoY
Annual Giving
$137K
+3.8% YoY
Grant Count
8
+300.0% YoY
Avg Grant Size
$17K
-74.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,217,914 | $10,622,173 | $9,320,610 |
| Revenue | $4,386,829 | $3,689,720 | $3,951,927 |
| Expenses | $4,463,024 | $3,722,389 | $3,576,284 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $55,906 | $6,445 | $1,916 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
767 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Anne Arundel Economic Development fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC DEVITO | CHAIR | 10 | — |
| KEVIN CARTER | VICE CHAIR | 5 | — |
| JEFFERY ARMIGER | TREASURER | 5 | — |
| KATHLEEN MCCOLLUM | SECRETARY | 5 | — |
| PHIONA BAREEBE | BOARD MEMBER | 2 | — |
| ANN BRENNAN | BOARD MEMBER | 2 | — |
| HAMILTON CHANEY | BOARD MEMBER | 2 | — |
| M JAMES FAISON | BOARD MEMBER | 2 | — |
| STUART FORSYTH | BOARD MEMBER | 2 | — |
| PAUL GABLE | BOARD MEMBER | 5 | — |
| STEPHANIE GARY | BOARD MEMBER | 2 | — |
| KAYLA GRIFFITH | BOARD MEMBER | 2 | — |
| ELIOT POWELL | BOARD MEMBER | 2 | — |
| JASON WEISBERG | BOARD MEMBER | 2 | — |
| TYLER PATTON | BOARD MEMBER TO SEPTEMBER 2023 | 2 | — |
| STEPHEN PRIMOSCH | V.P. OF FINANCIAL SERVICES | 40 | $140,720 |
| WESLEY MACQUILLIAM | CHIEF OPERATING OFFICER | 40 | $146,752 |
| LISA GRUNDER | VICE PRESIDENT OF ADMINISTRATION | 40 | $110,854 |
| AMY GOWAN | PRESIDENT/CEO | 40 | — |
| JILL SEAMON | ADMINISTRATIVE OFFICER | 40 | $155,161 |
| JONATHAN BONIFACE | DIR. OF RESEARCH & PROGRAM DEV. | 40 | $108,818 |
| CHRISTINA HOLLIDAY | CHIEF OF STAFF | 40 | $109,139 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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