What kinds of organizations does Altcap fund?

Altcap funds small and mid-size organizations, social enterprises, and nonprofit organizations, with an emphasis on underserved entrepreneurs and organizations needing working capital, bridge funding, or cash-flow stabilization. Its active programs also support catalytic real estate projects and job-creating business investments.

What is Altcap’s typical grant size?

Among the grants on file, the 25th percentile is $25,000, the median is $50,457, and the 75th percentile is $83,969. The recent record also includes much larger NMTC-related awards in the millions, showing a wide range of capital deployment.

Does Altcap accept unsolicited applications?

Yes for some programs. Altcap accepts unsolicited applications for its New Markets Tax Credits financing and allocation facilitation work, and it also accepts applications for the AltCap Your Biz Pitch Competition. The NMTC financing consulting program itself is listed as not accepting unsolicited applications.

Where does Altcap give most often?

Altcap gives most often in Missouri, which accounts for 80% of grants in the recipient-state distribution. Recent grants also reached Kansas and California, and the recipient country distribution is entirely within the United States.

What cause areas show up most clearly in Altcap’s grantmaking?

The clearest cause areas are New Markets Tax Credits financing, small business lending and microloans, business support services and technical assistance, and short-term working-capital support. Recent grants and active programs show a strong link between entrepreneurship, community development, and liquidity support.

Altcap

Name: Altcap — grants, 990 financials & funding data
Creator: Kindora

ActivePublic CharityCommunity ImprovementMakes PRIs

KANSAS CITY, MOWebsite

About Altcap

AltCap’s mission is to empower underserved entrepreneurs by providing accessible capital to pursue their dreams and help our communities thrive.

Focus Areas

Small business lendingMicroloansRevenue-based financingNew Markets Tax Credits (NMTC)Business support services / technical assistanceLoan readiness and credit-building

Who They Fund

organizations requiring short-term liquiditynonprofit organizationssmall and mid-size organizations / social enterprises

Funding Style

working capital / liquidity supportoperational / general operating support

About Altcap

Altcap’s recent giving is defined by capital that helps businesses and community projects move forward: a $3,851,112 grant to Altcap CA in 2025 and a $1,369,474 grant to AltCap California in 2023 stand out as the largest awards on file. Those grants sit alongside smaller working-capital awards to operating businesses in Kansas City, Olathe, Kansas City, and Blue Springs, showing a funder that uses multiple capital tools rather than a single grantmaking style. The organization’s mission centers on underserved entrepreneurs, and its program mix reflects that through small business lending, microloans, revenue-based financing, loan readiness and credit-building, and New Markets Tax Credits. Altcap also makes program-related investments and operates as a public charity. In practice, the foundation appears to support both business growth and the infrastructure around it, including technical assistance and financing structures for catalytic projects. Recent grants to Equity 2 LLC and Community Capital Fund illustrate that the foundation backs working capital needs as part of its broader access-to-capital approach.

What Altcap Funds

Altcap supports business and community finance across several connected areas. In New Markets Tax Credit work, it serves as a certified Community Development Entity and provides NMTC financing and allocation facilitation for catalytic real estate and business projects. Its small business portfolio also includes direct support for entrepreneurs through the AltCap Your Biz Pitch Competition, which offers cash prizes to for-profit businesses and nonprofits with under $500,000 in annual revenue in Colorado, Kansas, and Missouri. The foundation also funds short-term operating needs. For example, it awarded $25,000 to Diversity Telehealth LLC for working capital, showing how its grantmaking can address immediate liquidity needs for small organizations. Technical support is part of the model as well, with loan readiness, credit-building, and business support services listed among its focus areas.

How Altcap Gives

Altcap’s typical grant size centers on mid-five-figure awards: the 25th percentile is $25,000, the median is $50,457, and the 75th percentile is $83,969. The distribution includes both very large transaction-level awards and smaller operating grants, which suggests a mix of financing structures rather than a single standard grant. The recent grants list shows repeat activity across multiple years, including 2023 and 2025, with several awards for working capital. Altcap is a public charity and also makes program-related investments. It accepts unsolicited applications for some active programs, including its NMTC facilitation work and the AltCap Your Biz Pitch Competition.

Financial Snapshot

Annual Giving

$3.9M

Total Assets

$29.3M

Total Revenue

$3.8M

Total Expenses

$9.4M

Typical Grant Size

Most grants fall between $25K and $84K, with a median of $50K.

25th Percentile

$25K

Median

$50K

75th Percentile

$84K

Geographic Reach

Regional3 states funded

Funding intensity

Low

High

Headquarters

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Recipient	Location	Amount	Year	Purpose
ALTCAP CA	Los Angeles, CA	$3,851,112	2025	—
BROWN SUGA CO LLC	Olathe, KS	$25,000	2025	Working Capital
IRIS CREATIVE PROJECTS AGENCY LLC	Kansas City, KS	$10,000	2025	Working Capital
The Next Paige	Kansas City, MO	$25,000	2024	working capital
Vine Street Brewing LLC	Kansas City, MO	$10,000	2024	working capital
Civic Saint LLC	Kansas City, MO	$2,500	2024	working capital
CodeAlgo LLC	Liberty, MO	$2,500	2024	working capital
H3 Enterprise LLC	Kansas City, MO	$2,500	2024	working capital
AltCap California	Los Angeles, CA	$1,369,474	2023	workiing capital
Equity 2 LLC	Kansas City, MO	$83,969	2023	working capital
Community Capital Fund	Kansas City, MO	$50,457	2023	working capital
Diversity Telehealth LLC	Kansas City, MO	$25,000	2023	working capital
Sweet Peaches Cobblers LLC	Blue Springs, MO	$10,000	2023	working capital

Altcap

About Altcap

Focus Areas

Who They Fund

Funding Style

About Altcap

What Altcap Funds

How Altcap Gives

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Frequently Asked Questions About Altcap

What kinds of organizations does Altcap fund?

What is Altcap’s typical grant size?

Does Altcap accept unsolicited applications?

Where does Altcap give most often?

What cause areas show up most clearly in Altcap’s grantmaking?

Open Grant Opportunities

New Markets Tax Credit (NMTC) Financing

Recent Grants

Altcap

About Altcap

Focus Areas

Who They Fund

Funding Style

About Altcap

What Altcap Funds

How Altcap Gives

Financial Snapshot

Typical Grant Size

Geographic Reach

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Topics

Where Altcap Makes Grants

Frequently Asked Questions About Altcap

What kinds of organizations does Altcap fund?

What is Altcap’s typical grant size?

Does Altcap accept unsolicited applications?

Where does Altcap give most often?

What cause areas show up most clearly in Altcap’s grantmaking?

Open Grant Opportunities

New Markets Tax Credit (NMTC) Financing

Recent Grants