Ignite Capital Inc
IGNITE CAPITAL IS A SOCIAL IMPACT FUND WITH THE MISSION TO 1) EMPOWER AND RESOURCE BALTIMORE SOCIAL ENTERPRISES IN ECONOMICALLY DISTRESSED COMMUNITITES, 2)SUPPORT THE OVERALL EFFORTS OF THESE SOCIAL ENTERPRISES TO ATTRACT FUTURE INVESTMENTS IN SUPPORT OF THEIR MISSION AND, 3) CONTRIBUTE TO ONGOING EFFORTS IN ENSURING BALTIMORE NEIGHBORHOODS ARE THRIVING SUSTAINABLY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+34.8% YoY
Annual Giving
$18K
-75.3% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$9K
-38.3% YoY
About Ignite Capital Inc
Based on IRS filings
Ignite Capital Inc is a nonprofit organization, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 2 grants totaling $18K. Net investment income was $6K.
Ready to take the next step with Ignite Capital 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 | $3,315,853 | $2,460,361 | $2,079,883 |
| Revenue | $283,280 | $263,432 | $317,895 |
| Expenses | $199,751 | $326,646 | $209,587 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,805 | $27,427 | $9,532 |
| 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 2 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Open Grants
2 open opportunities from Ignite Capital Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Flip-a-buck ($12,000), Natural Born Champions Inc ($6,200).
| Recipient | Purpose | Amount |
|---|---|---|
| FLIP-A-BUCK BALTIMORE, MD | SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS | $12,000 |
| NATURAL BORN CHAMPIONS INC BALTIMORE, MD | SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS | $6,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATTI CHANDLER | CHAIRMAN | 4 | — |
| MURRAY DALZIEL | DIRECTOR | 4 | — |
| FR RICHARD MCGOWAN | DIRECTOR | 4 | — |
| DAN RIZZO | DIRECTOR | 4 | — |
| BREE JONES | DIRECTOR | 4 | — |
| MARY ANN SCULLY | DIRECTOR | 4 | — |
| CARRIE MCKELLOG | DIRECTOR | 4 | — |
| JAY NWACHU | PRESIDENT | 16 | — |
Frequently Asked Questions
How large is Ignite Capital Inc?
As of 2024, Ignite Capital Inc holds $3.3M in total assets with $283K in annual revenue. It awarded 2 grants totaling $18K in 2024.
Where does Ignite Capital Inc operate?
Ignite Capital Inc has awarded grants in Maryland.
What size grants does Ignite Capital Inc award?
In 2024, Ignite Capital Inc awarded 2 grants totaling $18K — an average of about $9K per grant, based on its IRS Form 990 filings.
What is Ignite Capital Inc's EIN?
Ignite Capital Inc's EIN (Employer Identification Number) is 84-4893203. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ignite Capital Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Robert W Deutsch Foundation
BALTIMORE, MD
Assets
$135.6M
Grants
76
Total Given
$3.8M
Fund for Educational Excellence Inc
BALTIMORE, MD
Assets
$31.3M
Grants
115
Total Given
$6.0M
The Harry and Jeanette Weinberg
OWINGS MILLS, MD
Assets
$1.8B
Grants
872
Total Given
$127.8M
Earth Rising Foundation
WILMINGTON, DE
Assets
$1.8M
Grants
101
Total Given
$1.4M
Family League of Baltimore City Inc
BALTIMORE, MD
Assets
$16.3M
Grants
66
Total Given
$16.7M
Annie E Casey Foundation Inc
BALTIMORE, MD
Assets
$2.3B
Grants
1,462
Total Given
$93.1M
Baltimore Community Foundation Inc
BALTIMORE, MD
Assets
$314.3M
Grants
604
Total Given
$29.3M
Mightycause Charitable Foundation
MARIANNA, FL
Assets
$6.6M
Grants
3,309
Total Given
$82.3M
Baltimore Children and Youth Fund Inc
BALTIMORE, MD
Assets
$18.2M
Grants
146
Total Given
$9.1M
T Rowe Price Program for Charitable
BALTIMORE, MD
Assets
$648.3M
Grants
2,900
Total Given
$132.5M
The Pet Care Trust
FOREST HILL, MD
Assets
$1.3M
Grants
2,829
Total Given
$256K
Impactassetsinc
BETHESDA, MD
Assets
$3.0B
Grants
2,733
Total Given
$580.1M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Ignite Capital 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
Go from researching Ignite Capital Inc to a real strategy.