PROVIDE CUSTOMIZED STRATEGIES TO SMALL-TO-MIDDLE SIZED COMPANIES IN THE MANUFACTURING TECHNOLOGY SECTORS TO IMPROVE PRODUCTIVITY, INCREASE SALES, REDUCE COSTS, LAUNCH NEW PRODUCTS AND GROW THEIR BOTTOM LINE. IN ADDITION, WE ENGAGE IN A VARIETY OF INITIATIVES TO DEVELOP A SKILLED WORKFORCE TO SERVE THE REGION'S EMPLOYER COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-13.7% YoY
Annual Giving
$185K
+33.0% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$62K
+121.6% YoY
About Center for Economic Growth Inc
Based on IRS filings
Center for Economic Growth Inc is a nonprofit organization focused on Social Science, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 3 grants totaling $185K. Net investment income was $26.
Focus Areas
Ready to take the next step with Center for Economic Growth Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,334,669 | $1,545,948 | $1,845,501 |
| Revenue | $1,456,973 | $1,318,359 | $1,283,587 |
| Expenses | $1,662,378 | $1,459,413 | $1,465,356 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $26 | $548 | $635 |
| 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 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Multi-craft Apprenticeship Preparation Program (mapp) ($135,000), Global Foundries Us Inc ($44,544), Ny Creates ($5,370).
| Recipient | Purpose | Amount |
|---|---|---|
| GLOBAL FOUNDRIES US INC MALTA, NY | AEG - 2 FINAL VOUCHER; DOL WORKFORCE GRANT; NATIONAL INSTITUTE FOR INDUSTRY AND CAREER ADVANCEMENT (NIICA) APPRENTICESHIP GRANT | $44,544 |
| NY CREATES ALBANY, NY | NATIONAL INSTITUTE FOR INDUSTRY AND CAREER ADVANCEMENT (NIICA) APPRENTICESHIP GRANT | $5,370 |
| MULTI-CRAFT APPRENTICESHIP PREPARATION PROGRAM (MAPP) ROCHESTER, NY | UPPER HUDSON WORKFORCE FUND TRAINING SERVICES; FUNDED BY SUNRISE WIND LLC (ORSTED) | $135,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID DEMARCO | DIRECTOR | 1 | — |
| BRIAN O'GRADY | DIRECTOR | 1 | — |
| FRAN O'ROURKE | DIRECTOR | 1 | — |
| STEPHEN OBERMAYER | CHAIR | 1 | — |
| KIMBERLY IRELAND | TREASURER/SECRETARY | 1 | — |
| MARK EAGAN | PRESIDENT & CEO | 2 | $17,483 |
| CHRISTINE HOLLE | VP, FINANCE & OPERATIONS | 6 | $19,401 |
| KATHERINE JN BELMONT | CHIEF ECONOMIC DEVELOPMENT | 7 | $27,005 |
| THOMAS BELL | PROJECT DIRECTOR, TECHNOLOGY SERVICES | 40 | $117,640 |
| DON WIESENFORTH | SENIOR VICE PRESIDENT, CEG | 40 | $134,828 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Center for Economic Growth Inc?
Center for Economic Growth Inc is a nonprofit organization focused on Social Science, based in ALBANY, NY. It holds $1.3M in total assets as of 2024.
How large is Center for Economic Growth Inc?
As of 2024, Center for Economic Growth Inc holds $1.3M in total assets with $1.5M in annual revenue. It awarded 3 grants totaling $185K in 2024.
Where does Center for Economic Growth Inc operate?
Center for Economic Growth Inc has awarded grants in New York.
What size grants does Center for Economic Growth Inc award?
In 2024, Center for Economic Growth Inc awarded 3 grants totaling $185K — an average of about $62K per grant, based on its IRS Form 990 filings.
What is Center for Economic Growth Inc's EIN?
Center for Economic Growth Inc's EIN (Employer Identification Number) is 22-2880333. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Center for Economic Growth Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Greater Norwich Foundation
NORWICH, NY
Assets
$7.7M
Grants
46
Total Given
$567K
Keybank Community Trust Ta
BROOKLYN, OH
Assets
$2.3M
Grants
24
Total Given
$123K
Pioneer Bank Charitable Foundation
ALBANY, NY
Assets
$6.6M
Grants
135
Total Given
$386K
Massry Charitable Foundation Inc
ALBANY, NY
Assets
$48.7M
Grants
54
Total Given
$3.4M
Price Chopper's Golub Foundation
SCHENECTADY, NY
Assets
$347K
Grants
277
Total Given
$444K
Burton and Wemple Scholarship Fund Uw
NORWICH, NY
Assets
$1.7M
Grants
16
Total Given
$94K
Louis Henry Gross Sponsorship Fdn
BUFFALO, NY
Assets
$4.4M
Grants
19
Total Given
$230K
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
The Ayco Charitable Foundation
COHOES, NY
Assets
$1.2B
Grants
4,719
Total Given
$287.7M
Jewish Communal Fund
NEW YORK, NY
Assets
$3.0B
Grants
4,673
Total Given
$953.3M
More Funders in New York
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Center for Economic Growth Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities