Troy Redevelopment Foundation concentrates its philanthropy on place-based revitalization in Troy, NY, funding municipal-led projects, downtown economic development, and cultural institutions that drive foot traffic and community identity. The foundation is a major supporter of performing and visual arts, historic preservation, and business-improvement initiatives, while also making smaller grants to youth services and community food/transport efforts. Its giving frequently supports public-facing events, capital/operational needs for arts venues, and organizations that partner with city redevelopment goals.
A large share of Troy Redevelopment Foundation Inc’s recent giving goes to the City of Troy New York, including a $391,900 special-project grant in 2024 and two $250,000 general-operating grants across 2023 and 2024. That pattern points to a funder that works closely with municipal partners on place-based redevelopment rather than through a broad open-grant model. The foundation also backs Troy’s cultural and civic infrastructure: the Arts Center of Capital Region received $141,000 in 2023, and Troy Savings Bank Music Hall received $75,000 in 2023 plus another $35,000 in 2024. Those awards sit alongside support for downtown and economic-development organizations that help shape daily activity in the city. With $1,617,370 in annual grants and all recorded grants going to recipients in New York, the foundation’s giving is concentrated in Troy and the surrounding local ecosystem. The portfolio shows a mix of operating support, special projects, and forum-based civic work tied to redevelopment goals.
Municipal redevelopment is central to the foundation’s grantmaking. In 2024, it gave $391,900 to the City of Troy New York for special projects, and it also supported the city with a $5,700 grant in 2023 for the Troy 100 Forum. That mix shows direct backing for public-sector planning and civic engagement. Arts and culture are another clear thread. The foundation awarded $85,800 in 2024 to Contemp Circus and Imrsv Arts, while Media Alliance Inc received $10,000 and Collar Works Inc received $7,000, both in 2024. Economic opportunity also appears in the portfolio: Comm on Econmc Opp for Gtr Cr received $100,000 in 2024, and Hudson Mohawk Industrial Gtwy received $20,000 the same year. Community health and food access show up through Capital Roots Inc, which received $10,000 in 2024.
Typical grants are mid-sized, with a p25 of $13,000, a median of $29,485, and a p75 of $83,100. The foundation combines operating support with special-project funding, and several recipients appear in more than one year, including the City of Troy New York, Troy Savings Bank Music Hall, and Rens Co Chmbr of Cmrce. That repeat support suggests an ongoing relationship rather than one-off awards. The foundation’s profile also reflects a place-based structure: all recorded grants went to New York recipients, and the grant list is anchored in Troy organizations and city government.
$1.1M
$476K
$300K
$2K
Most grants fall between $13K and $83K, with a median of $29K.
25th Percentile
$13K
Median
$29K
75th Percentile
$83K
Christopher Ames
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Highly concentrated, local-focused giving: a majority of dollars go to a small set of Troy-area civic and arts recipients (notably large, repeat grants to the City of Troy), with a mix of multi-year or repeat operational/capital support for arts venues and smaller, targeted grants to downtown improvement and social service partners.
Notable grantees: City of Troy, New York, Arts Center of the Capital Region, Troy Savings Bank Music Hall, Troy Downtown Collaborative / Troy Business Improvement District, Commission on Economic Opportunity for Greater Capital Region
Grantmaking is fully local in the recorded data: 22 of 22 grants went to recipients in New York, and the top state by grant count is NY. The center of gravity is Troy, with multiple awards to the City of Troy New York, Arts Center of Capital Region, Troy Savings Bank Music Hall, Troy Dwntwn Clbrtv Inc, Troy Business Imprvmnt Dstrct, Hudson Mohawk Industrial Gtwy, and Troy Youth Association Inc. A smaller share reached nearby Albany, including In Our Own Voices Inc and Cap Distr Trans Council. The recipient-country distribution is entirely US-based.
The foundation supports municipal redevelopment, arts and culture, downtown revitalization, and local economic-development partners. Recent recipients include the City of Troy New York for special projects and operating support, as well as arts, business-improvement, and community organizations in Troy and nearby Albany.
Typical grants cluster in the mid-range: the p25 is $13,000, the median is $29,485, and the p75 is $83,100. Recent awards also show larger municipal grants, including $391,900 for special projects and $250,000 for general operating support.
In the recorded grants list, no. All 22 grants went to recipients in New York, and the top state by grant count is NY.
Yes. The City of Troy New York appears multiple times across 2023 and 2024, Troy Savings Bank Music Hall received grants in both years, and Rens Co Chmbr of Cmrce also received support in both 2023 and 2024.
It has supported the City of Troy New York for the Troy 100 Forum with a $5,700 grant in 2023, alongside larger special-project and operating support tied to municipal redevelopment.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| CITY OF TROY NEW YORK | TROY, NY | $391,900 | 2024 | SPECIAL PROJECTS |
| CITY OF TROY NEW YORK | TROY, NY | $250,000 | 2024 | GENERAL OPERATING SUPPORT |
| COMM ON ECONMC OPP FOR GTR CR | TROY, NY | $100,000 | 2024 | GENERAL OPERATING SUPPORT |
| CONTEMP CIRCUS AND IMRSV ARTS | TROY, NY | $85,800 | 2024 | GENERAL OPERATING SUPPORT |
| IN OUR OWN VOICES INC | ALBANY, NY | $50,000 | 2024 | GENERAL OPERATING SUPPORT |
| RENSSELAER CTY HISTORICAL SOC | TROY, NY | $40,000 | 2024 | GENERAL OPERATING SUPPORT |
| TROY SAVINGS BANK MUSIC HALL | TROY, NY | $35,000 | 2024 | GENERAL OPERATING SUPPORT |
| HUDSON MOHAWK INDUSTRIAL GTWY | TROY, NY | $20,000 | 2024 | GENERAL OPERATING SUPPORT |
| TROY BUSINESS IMPRVMNT DSTRCT | TROY, NY | $20,000 | 2024 | GENERAL OPERATING SUPPORT |
| RENS CO CHMBR OF CMRCE | TROY, NY | $20,000 | 2024 | GENERAL OPERATING SUPPORT |
| CAP DISTR TRANS COUNCIL | ALBANY, NY | $12,500 | 2024 | GENERAL OPERATING SUPPORT |
| CAPITAL ROOTS INC | TROY, NY | $10,000 | 2024 | GENERAL OPERATING SUPPORT |
| TROY YOUTH ASSOCIATION INC | TROY, NY | $10,000 | 2024 | GENERAL OPERATING SUPPORT |
| MEDIA ALLIANCE INC | TROY, NY | $10,000 | 2024 | GENERAL OPERATING SUPPORT |
| COLLAR WORKS INC | TROY, NY | $7,000 | 2024 | GENERAL OPERATING SUPPORT |
| CITY OF TROY NEW YORK | TROY, NY | $250,000 | 2023 | GENERAL OPERATING SUPPORT |
| ARTS CENTER OF CAPITAL REGION | TROY, NY | $141,000 | 2023 | GENERAL OPERATING SUPPORT |
| TROY SAVINGS BANK MUSIC HALL | TROY, NY | $75,000 | 2023 | GENERAL OPERATING SUPPORT |
| TROY DWNTWN CLBRTV INC | TROY, NY | $45,000 | 2023 | GENERAL OPERATING SUPPORT |
| CITY OF TROY NEW YORK | TROY, NY | $23,970 | 2023 | FITNESS COURT PROJECTS |
| RENS CO CHMBR OF CMRCE | TROY, NY | $14,500 | 2023 | GENERAL OPERATING SUPPORT |
| CITY OF TROY NEW YORK | TROY, NY | $5,700 | 2023 | TROY 100 FORUM |
CITY OF TROY NEW YORK
$391,900SPECIAL PROJECTS
CITY OF TROY NEW YORK
$250,000GENERAL OPERATING SUPPORT
COMM ON ECONMC OPP FOR GTR CR
$100,000GENERAL OPERATING SUPPORT
CONTEMP CIRCUS AND IMRSV ARTS
$85,800GENERAL OPERATING SUPPORT
IN OUR OWN VOICES INC
$50,000GENERAL OPERATING SUPPORT
RENSSELAER CTY HISTORICAL SOC
$40,000GENERAL OPERATING SUPPORT
GENERAL OPERATING SUPPORT
HUDSON MOHAWK INDUSTRIAL GTWY
$20,000GENERAL OPERATING SUPPORT
TROY BUSINESS IMPRVMNT DSTRCT
$20,000GENERAL OPERATING SUPPORT
RENS CO CHMBR OF CMRCE
$20,000GENERAL OPERATING SUPPORT
CAP DISTR TRANS COUNCIL
$12,500GENERAL OPERATING SUPPORT
TROY YOUTH ASSOCIATION INC
$10,000GENERAL OPERATING SUPPORT
MEDIA ALLIANCE INC
$10,000GENERAL OPERATING SUPPORT
COLLAR WORKS INC
$7,000GENERAL OPERATING SUPPORT
CITY OF TROY NEW YORK
$250,000GENERAL OPERATING SUPPORT
TROY DWNTWN CLBRTV INC
$45,000GENERAL OPERATING SUPPORT
CITY OF TROY NEW YORK
$23,970FITNESS COURT PROJECTS
RENS CO CHMBR OF CMRCE
$14,500GENERAL OPERATING SUPPORT
CITY OF TROY NEW YORK
$5,700TROY 100 FORUM