Density functional theory is used to study the electronic structures and properties of Lindqvist‐type polyoxometalates‐supported organometallic compounds [LM'M5O18]n– (L = [C2B9H11]2– (Cb), [C5H5]– (Cp); M' = TiIV, MoVI, WVI; M = MoVI, WVI). [(Cb)M'M5O18]n– are a series of novel compounds designed in this work, based on related experiment. The calculated results reveal that the Cb ligand is able to form a σ, 2π triple bond with M', which is similar to the bond character in [(Cp)M'M5O18]n–. However, comparing with the protonation, electronic spectra and redox properties of [(Cp)M'M5O18]n– and [M'M5O19]n–, [(Cb)M'M5O18]n– species show the advantageous electronic properties owning to the superior electron donating ability of the Cb ligand. © 2015 Wiley Periodicals, Inc.