Troy Local Development Corporation
Grantmaking foundation in Troy, New York · EIN 14-1736403
- New York
- Troy
- Philanthropy, Voluntarism and Grantmaking Foundations
- Philanthropy, Voluntarism and Grantmaking Foundations in New York
- Total giving
- $390KTax year 2024
- Grants made
- 9Tax year 2024
- Total assets
- $3.7MLatest reported
- Latest IRS filing
- 2024Form 990 / 990-PF
Mission
THE TROY LOCAL DEVELOPMENT CORPORATION WAS ESTABLISHED FOR THE PURPOSES OF CONSTRUCTING, ACQUIRING, REHABILITATING, AND IMPROVING BUILDINGS OR SITES IN THE CITY OF TROY, AND TO ASSIST FINANCIALLY IN THE CONSTRUCTION, ACQUISITION, REHABILITATION, AND IMPROVEMENT OF BUILDING OR SITES WITHIN THE CITY, AND TO FOSTER EMPLOYMENT OPPORTUNITIES FOR TROY RESIDENTS, INCLUDING BUSINESS RETENTION AND ATTRACTION, AND JOB CREATION AND RETENTION. THE TLDC ALSO SERVES AS A LIAISON WITH FEDERAL, STATE, AND OTHER LOCAL AUTHORITIES WITH RESPECT TO DISSEMINATING INFORMATION AND OFFERING TECHNICAL ADVICE. THE TLDC HAS THE AUTHORITY TO ACQUIRE REAL OR PERSONAL PROPERTY BY PURCHASE OR LEASE, BORROW FUNDS, PROVIDE FINANCIAL ASSISTANCE, AND ISSUE NEGOTIABLE BONDS, NOTES AND OTHER OBLIGATIONS.
Giving by year
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
| Recipient | Amount | Tax year |
|---|---|---|
| Defazio & Sons Inc | $50K | 2024 |
| Frank J Ryan & Sons | $50K | 2024 |
| Llh Ferry LLC | $50K | 2024 |
| Love of Fuzz | $50K | 2024 |
| Refuge Troy | $50K | 2024 |
Amounts are rounded. The full grantee list (9 grants in 2024) is available with a free account.
Website: troyny.gov/departments/economicdevelopment
See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.
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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.