GrantAuthority

Worcester Business Development Corporation

Grantmaking foundation in Worcester, Massachusetts · EIN 04-2381829

Total giving
$26KTax year 2024
Grants made
2Tax year 2024
Total assets
$19MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

THE WORCESTER BUSINESS DEVELOPMENT CORPORATION (WBDC) IS A PRIVATE, NON- PROFIT BUSINESS ORGANIZATION WITH A PUBLIC PURPOSE MISSION TO SERVE AS AN INNOVATION AND LEADING FORCE IN THE ECONOMIC DEVELOPMENT OF THE CITY OF WORCESTER AND THE REGION, RESULTING IN JOB CREATION AND TAX BASE EXPANSION.

Quoted from the foundation's IRS filing.

Giving by year

$75K2020
$67K2021
$15K2022
$13K2023
$26K2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Worcester Railers Hc Charitable$15K2024
Worcester Regional Strategic$10K2024

Amounts are rounded. The full grantee list (2 grants in 2024) is available with a free account.

Website: wbd.org

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Similar foundations in Massachusetts

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.