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· Private foundation

Armstrong Angel Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$910k
Granted FY2024still arriving
5
Grants FY2024still arriving
4
States reached
$375k
Largest
01What it funds
0195% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$7.1MHealth$847kCivil Rights$400kRecreation & Sports$380kArts & Culture$293kPhilanthropy$177kInternational$130kFood & Nutrition$100kOther$0
02FY2024 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • $10k–50k1 grant · $10k
  • $50k–250k2 grants · $275k
  • $250k+2 grants · $625k
$200,000
Median grant
4
States reached
$13M
Total assets
Largest grants
RecipientAmount
GREENWICH ACADEMY$375,000
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI$250,000
NEW YORK UNIVERSITY$200,000
NANTUCKET GOLF CLUB FOUNDATION$75,000
ST VINCENT DE PAUL SOCIETY$10,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–23, $135k) land where the poverty rate runs at 12%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%MONDIANT INITIATIVE: $100k → 11%DREAM FOUNDATION: $10k → 14%HOPELAND: $15k → 17%HOPELAND: $10k → 17%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

MT
MN
IL
WI
NY
MA
PA
CT
CA
CO
VA
MD
DC
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

89%of every dollar goes to organizations it has funded before.
$8.5M · 18 repeat orgs$1.1M to everyone else

Grantees it renews have grown median revenue +39% since the first grant, against +4% for those funded once.

18 repeat relationships: 5 still active in FY2024, 13 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

18
27

Total granted

$8.5M
$1.1M

Median revenue growth · since first grant

+39%
+4%

Still filing today

72%
74%

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
EducationHealthHuman ServicesArts & CulturePhilanthropyInternationalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • GA
    GREENWICH ACADEMY INC
    7× · 2018–2024 · $4.9M · revenue +14%
  • KS
    KING SCHOOL INC
    3× · 2021–2023 · $610k · revenue +33%
  • NY
    New York University
    2× · 2023–2024 · $400k · revenue +11%

Funded once

  • NA
    NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE
    one grant, 2020 · $250k
  • LO
    LIFT OUR VOICES
    one grant, 2021 · $150k
  • Feeding Americagraduated
    one grant, 2020 · $100k · revenue +40%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
2
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
3
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
4
Trustees of Dartmouth College

Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.

Education
5
President and Fellows of Harvard College

Undergraduate, graduate, and professional education and research across a broad array of academic domains.

Education
6
The Trustees of Princeton University

Research, education and general - princeton university is a private not-for-profit, non-sectarian institution of higher learning with approximately 5,700 undergraduate and 3,300 graduate students. 2,500 students graduated in the 2024-2025…

Education
7
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
8
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
9
Northeast College of Health Sciences

Northeast college of health sciences (the college) is committed to academic excellence, leadership, and professional best practices in the health sciences.

Education
10
New York School of Interior Design

New york school of interior design provides the most innovative, immersive, and transformative interior design education in the world, demonstrating the impact of professionally designed interiors on the health, happiness, and well-being…

Education
11
The Water Research Foundation

The purpose of the water research foundation (wrf) is a definitive research organization to advance the science of all things water to better meet the evolving needs of its subscribers and the water sector. to engage exclusively in…

Environment
12
President and Trustees of Bates College

Bates is a college of the liberal arts and sciences, and is a coeducational, nonsectarian, residential college with special commitments to academic rigor, and to assuring in all of its efforts the dignity of each individual, and access to…

Education
How this is measured
The grantee most central to the portfolio’s shape is Greenwich Academy Inc; the most unlike its peers is Feeding America. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

34 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 34 of the 46 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
34/34
Grantees still filing
21/34
Grew since first funded

Where the money sits, by cause and then by grantee

GREENWICH ACADEMY INC: $4,935,000 · EducationGREENWICH ACADEMY INCKING SCHOOL INC: $610,000 · EducationKING SCHOOL INCNew York University: $400,000 · EducationNew York UniversityICAHN SCHOOL OF MEDICINE AT MOUNT SINAI: $350,000 · EducationChildren of Fallen Patriots Foundation: $349,750 · Education+5 more: $78,500 · EducationKING SCHOOL PARENTS ASSOCIATION: $500,000 · OtherKING SCHOOL PARENTS …NANTUCKET COTTAGE HOSPITAL: $408,333 · OtherNANTUCKET COTTAGE HO…NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE: $250,000 · OtherNATIONAL ASSOCIATION…LIFT OUR VOICES: $150,000 · OtherLIFT OUR VOICESGAINS FOUNDATION: $75,000 · Other+20 more: $368,500 · Other+20 moreUNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION: $350,000 · Recreation & SportsNANTUCKET GOLF CLUB FOUNDATION INC: $206,200 · PhilanthropyENTERTAINMENT INDUSTRY FOUNDATION: $107,000 · PhilanthropyROBIN HOOD FOUNDATION: $20,000 · PhilanthropyNANTUCKET DREAMLAND FOUNDATION INC: $160,000 · Arts & CultureINTERNATIONAL DOCUMENTARY FOUNDATION INC: $90,000 · Arts & Culture+1 more: $7,500 · Arts & CultureMondiant Initiative Inc: $100,000 · Human ServicesHOPELAND: $24,727 · Human ServicesDALMATIAN DREAMS DBA DREAM FOUNDATION: $10,000 · Human ServicesFeeding America: $100,000 · Food & Nutrition
Education$6,723,250Other$1,751,833Recreation & Sports$350,000Philanthropy$333,200Arts & Culture$257,500Human Services$134,727Food & Nutrition$100,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetGREENWICH ACADEMY INC: $4,935,000 over 7y, 2.0% of budgetKING SCHOOL INC: $610,000 over 3y, 0.5% of budgetNew York University: $400,000 over 2y, 0.0% of budgetUNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION: $350,000 over 3y, 0.5% of budgetICAHN SCHOOL OF MEDICINE AT MOUNT SINAI: $350,000 over 2y, 0.0% of budgetChildren of Fallen Patriots Foundation: $349,750 over 7y, 0.7% of budgetNANTUCKET GOLF CLUB FOUNDATION INC: $206,200 over 4y, 1.3% of budgetNANTUCKET DREAMLAND FOUNDATION INC: $160,000 over 4y, 1.8% of budgetENTERTAINMENT INDUSTRY FOUNDATION: $107,000 over 1y, 0.1% of budgetFeeding America: $100,000 over 1y, 0.0% of budgetMondiant Initiative Inc: $100,000 over 1y, 70% of budgetINTERNATIONAL DOCUMENTARY FOUNDATION INC: $90,000 over 1y, 0.7% of budgetUNIVERSITY OF WISCONSIN FOUNDATION: $50,000 over 1y, 0.0% of budgetBIG SKY SKI EDUCATION FOUNDATION: $25,000 over 1y, 1.7% of budgetUNITED STATES FUND FOR UNICEF: $25,000 over 1y, 0.0% of budgetFAMILY REACH FOUNDATION: $25,000 over 1y, 0.5% of budgetSANDY HOOK PROMISE FOUNDATION: $25,000 over 2y, 0.1% of budgetGREENWICH INTERNATIONAL FILM FESTIVAL INC: $25,000 over 3y, 0.9% of budgetHOPELAND: $24,727 over 2y, 2.4% of budgetROBIN HOOD FOUNDATION: $20,000 over 2y, 0.0% of budgetCHILD MIND INSTITUTE INC: $16,000 over 2y, 0.0% of budgetTRUSTEES OF BOSTON UNIVERSITY: $15,000 over 1y, 0.0% of budgetTRUSTEES OF LAWRENCE ACADEMY AT GROTON MA CORP: $12,500 over 1y, 0.1% of budgetWATERSIDE SCHOOL INC: $10,000 over 1y, 0.1% of budgetJACK MARTIN FUND INC: $10,000 over 1y, 2.1% of budgetDALMATIAN DREAMS DBA DREAM FOUNDATION: $10,000 over 1y, 0.3% of budgetNational Film Preservation Foundation: $7,500 over 1y, 0.6% of budgetTEAM RUBICON INC: $5,000 over 1y, 0.0% of budgetTHE EMILY CATHERINE FEDORKO FOUNDATION: $5,000 over 1y, 5.4% of budgetLAZARUS HOUSE INC: $5,000 over 1y, 0.1% of budgetBELIEVE IN A CURE INC: $2,500 over 1y, 0.2% of budgetTRUSTEES OF BOSTON COLLEGE: $1,000 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Louis F & Virginia C Bantle Charitable Foundation IncCT13.6× affinity4 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Louis F & Virginia C Bantle Charitable Foundation Inc · National Philanthropic Trust · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · The Ayco Charitable Foundation · Jewish Communal Fund · Morgan Stanley Global Impact Funding Trust Inc · Vanguard Charitable Endowment Program · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · The Bank of America Charitable Foundation Inc · Paypal Charitable Giving Fund · Fidelity Investments Charitable Gift Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Armstrong Angel Foundation funds: left to right is the share of its income from government, bottom to top the share from Armstrong Angel Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 70%5%19%42%75%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →median 3%
  • Trustees of Boston University: 12% of income from government
  • Nantucket Dreamland Foundation Inc: 4% of income from government
  • Trustees of Boston College: 3% of income from government
  • Lazarus House Inc: 1% of income from government
  • Sandy Hook Promise Foundation: 0% of income from government
no gov moneyreceives it· size = income
7get no government money at all
3report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–20%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 46 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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