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New Bedford Economic Development Council Inc

Grantmaking foundation in New Bedford, Massachusetts · EIN 04-3244024

Total giving
$470KTax year 2025
Total assets
$7.1MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

TO CULTIVATE AND PROMOTE A TRANSPARENT, CREDIBLE, AND BUSINESS-FRIENDLY ENVIRONMENT, THE NBEDC WORKS COLLABORATIVELY WITH LOCAL, STATE, AND FEDERAL PARTNERS TO SUPPORT CREATIVITY, SUSTAINABLE GROWTH, AND PRIVATE SECTOR INVESTMENT BENEFITING THE CITIZENS OF NEW BEDFORD.

Quoted from the foundation's IRS filing.

Giving by year

$370K2020
$430K2021
$270K2022
$1.3M2023
$1.5M2024
$470K2025

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
Beatriz and Company$25K2021
New Bedford Ocean Cluster$25K2021
Downtown New Bedford Inc$18K2021
Duende Glass - S Corp$10K2021
F Rahaman Corp$10K2021

Amounts are rounded. The full grantee list is available with a free account.

Website: www.nbedc.org

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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.