Well Told Grants

Federal grant programs / Capital Magnet Fund

Capital Magnet Fund in Illinois

Capital Magnet Fund (21.011) awarded $24.3 million to recipients in Illinois in 4 grants from fiscal 2021 to 2025, 2.3% of the program's national total. Cinnaire Lending Corporation received the most, $22.3 million.

By year

Grants under this program to recipients in Illinois
Fiscal yearAwardsAmount
FY 20211$4.8 million
FY 20221$10.0 million
FY 2023No awards
FY 2024No awards
FY 20252$9.5 million

Recipients in Illinois

Every recipient named in the data, fiscal 2021 to 2025
RecipientTypeAwardsAmount
Cinnaire Lending CorporationNonprofits3$22.3 million
IffNonprofits1$2.0 million

Counted by the recipient's location. A recipient based in Illinois may carry out the work elsewhere.

Open opportunities under this program

None is open or forecast on Grants.gov right now.

Questions people ask

How much Capital Magnet Fund money goes to Illinois?

$24.3 million from fiscal 2021 to 2025, across 4 awards. Illinois ranks 15th of 34 states and territories for this program.

Who receives Capital Magnet Fund money in Illinois?

The largest recipient is Cinnaire Lending Corporation, with $22.3 million in 3 awards. Next is Iff.

Can organizations in Illinois apply now?

No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.

Capital Magnet Fund in other states

Other large programs in Illinois

All federal grants in Illinois

Amounts are federal obligations reported to USAspending.gov for fiscal 2021 to 2025; see how our data works.