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Foundation Dossiers

New York · Private foundation

Asness Family Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$6.6M
Granted FY2024(still arriving)
17
Itemized grants FY2024
35
Organizations funded FY2023
20%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$5.5M
The rest is grants the schedule does not break out
Median grant, FY2024
$100,000
Largest grant, FY2024
$1,000,000
Organizations funded a year
1 to 44
FY2019 to FY2023
States reached, FY2024
7
Total assets, FY2024
$24M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 20% of the organizations Asness Family Foundation funded were first-time grantees, receiving 7% of its grant dollars.

New vs renewed · share of each year

In FY2023, 93% of grant dollars renewed an existing relationship; $384k went to new ones.

50%100%’22’23
RenewedFirst-time

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

’22’23
EducationArts & CulturePublic BenefitInternationalSocial ScienceHealthOther
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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving12$4.4M67%
FY202335$5.8M20%
FY202244$6.6M100%
FY20191$5.1Mn/a
85% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2025.

Education$8.8MSocial Science$1.2MPublic Benefit$620kHealth$525kArts & Culture$414kPhilanthropy$275kPublic Safety & Disaster$205kFood & Nutrition$35kOther$0

Top grantees

Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Greenwich Academy Inc$3,250,00032%
University of Chicago$2,600,00020%
American Enterprise Institute for Public Policy Research$1,565,00022%
Washington University$1,000,00010%
Cato Institute$1,000,00021%
The Broad Institute Inc$750,00030%
Heterodox Academy$600,00038%
Duke University$500,00020%
Manhattan Institute for Policy Research Inc$500,00012%
Wnet$300,00030%
Show all 39 grantees
All grantees of Asness Family Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Greenwich Academy Inc$3,250,00032%
University of Chicago$2,600,00020%
American Enterprise Institute for Public Policy Research$1,565,00022%
Washington University$1,000,00010%
Cato Institute$1,000,00021%
The Broad Institute Inc$750,00030%
Heterodox Academy$600,00038%
Duke University$500,00020%
Manhattan Institute for Policy Research Inc$500,00012%
Wnet$300,00030%
The Windward School$250,00010%
The Atlas Society Ltd$250,00025%
Institute for Humane Studies$220,00021%
The Greenwich Library$200,00024%
New York Historical Society$150,00010%
The Fund for American Studies$100,00010%
National Review Institute$100,00021%
Children of Fallen Patriots Foundation$100,00020%
Advancing American Freedom Foundation Inc$100,00013%
Institute for the Study of War Inc$75,00021%
Vmts Education Inc$50,00011%
Clemson University Foundation$50,00010%
The Ayn Rand Institute the Center for the Advancement of Objectivism$50,00010%
Foundation for the Defense of Democracies Inc$50,00020%
American Finance Association$40,00021%
Juilliard School$40,00020%
The Food Bank of Lower Fairfield County Inc$40,00021%
Property and Environment Research Center$35,00021%
Parsonage Cottage Home for the Agedinc$25,0001n/a
Criminal Justice Reform Foundation$20,00010%
Greenwich Emergency Medical Service Inc$20,00020%
Seward Meals on Wheels$17,0002n/a
The Tikvah Fund$10,00010%
The Transportation Association of Greenwich$10,00020%
Backyard Sports Cares Inc$5,00020%
World Central Kitchen Inc$4,04320%
Greenwich Town Party Inc$3,50010%
Banksville Independent Fire Company$2,50010%
Friendship Circle of Connecticut Inc$1,00010%

What it could do for these grantees

Plus 21 recipients with no EIN on record ($7.8M), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Asness Family Foundation supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetGreenwich Academy Inc: $3,250,000 over 3y, 2.1% of budgetUniversity of Chicago: $2,600,000 over 2y, 0.0% of budgetAmerican Enterprise Institute for Public Policy Research: $1,565,000 over 2y, 1.8% of budgetWashington University: $1,000,000 over 1y, 0.0% of budgetCato Institute: $1,000,000 over 2y, 1.1% of budgetThe Broad Institute Inc: $750,000 over 3y, 0.0% of budgetHeterodox Academy: $600,000 over 3y, 8.4% of budgetDuke University: $500,000 over 2y, 0.0% of budgetManhattan Institute for Policy Research Inc: $500,000 over 1y, 2.0% of budgetWnet: $300,000 over 3y, 0.1% of budgetThe Windward School: $250,000 over 1y, 0.4% of budgetThe Atlas Society Ltd: $250,000 over 2y, 5.1% of budgetInstitute for Humane Studies: $220,000 over 2y, 1.2% of budgetThe Greenwich Library: $200,000 over 2y, 4.1% of budgetNew York Historical Society: $150,000 over 1y, 0.3% of budgetThe Fund for American Studies: $100,000 over 1y, 0.5% of budgetNational Review Institute: $100,000 over 2y, 0.8% of budgetChildren of Fallen Patriots Foundation: $100,000 over 2y, 0.4% of budgetAdvancing American Freedom Foundation Inc: $100,000 over 1y, 3.5% of budgetInstitute for the Study of War Inc: $75,000 over 2y, 0.5% of budgetVmts Education Inc: $50,000 over 1y, 1.3% of budgetClemson University Foundation: $50,000 over 1y, 0.1% of budgetThe Ayn Rand Institute the Center for the Advancement of Objectivism: $50,000 over 1y, 0.3% of budgetFoundation for the Defense of Democracies Inc: $50,000 over 2y, 0.1% of budgetAmerican Finance Association: $40,000 over 2y, 0.9% of budgetJuilliard School: $40,000 over 2y, 0.0% of budgetThe Food Bank of Lower Fairfield County Inc: $40,000 over 2y, 0.6% of budgetProperty and Environment Research Center: $35,000 over 2y, 0.5% of budgetCriminal Justice Reform Foundation: $20,000 over 1y, 0.1% of budgetGreenwich Emergency Medical Service Inc: $20,000 over 2y, 0.1% of budgetThe Tikvah Fund: $10,000 over 1y, 0.1% of budgetThe Transportation Association of Greenwich: $10,000 over 2y, 0.5% of budgetBackyard Sports Cares Inc: $5,000 over 2y, 0.4% of budgetWorld Central Kitchen Inc: $4,043 over 2y, 0.0% of budgetGreenwich Town Party Inc: $3,500 over 1y, 0.0% of budgetBanksville Independent Fire Company: $2,500 over 1y, 0.3% of budgetFriendship Circle of Connecticut Inc: $1,000 over 1y, 0.2% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 37.

Nonprofits that may fit its grantmaking

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.

Donors Trust IncJewish Communal FundBradley Impact Fund I…Gs Donor Advised Phil…Vanguard Charitable E…National Philanthropi…American Endowment Fo…Morgan Stanley Global…Donor Advised Charita…The Bank of America C…Fidelity Investments …American Online Givin…
Donors Trust IncVA15.3× affinity5 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Donors Trust Inc · Jewish Communal Fund · Bradley Impact Fund Inc · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · Vanguard Charitable Endowment Program · National Philanthropic Trust · American Endowment Foundation · Morgan Stanley Global Impact Funding Trust Inc · Donor Advised Charitable Giving Inc · The Bank of America Charitable Foundation Inc · Fidelity Investments Charitable Gift Fund · American Online Giving Foundation Inc

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.

Compare Asness Family Foundation with peer funders

About Asness Family Foundation

How much does Asness Family Foundation give?
Asness Family Foundation reported 17 itemized grants totaling $5,545,000, out of $6,645,000 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 44 organizations a year over FY2019 to FY2023.
What does Asness Family Foundation fund?
By grant dollars over FY2019 to FY2024, its largest causes are Education (17%), Social Science (2%), Public Benefit (1%).
Who are Asness Family Foundation's largest grantees?
By total granted over FY2019 to FY2024: Greenwich Academy Inc ($3.3M), University of Chicago ($2.6M), American Enterprise Institute for Public Policy Research ($1.6M).
Does Asness Family Foundation fund new organizations?
In FY2023, 20% of the organizations it funded were first-time grantees.
Does Asness Family Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Asness Family Foundation?
Its strongest co-funders, measured against what their size predicts, include Donors Trust Inc, Jewish Communal Fund, Bradley Impact Fund Inc.
Where is Asness Family Foundation based?
Asness Family Foundation is based in NY.

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 63 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.

Possibly out of date. A more recent filing (FY2025) is on record and reports $5.8M of grant expense with no grantee named in the published copy. A private foundation itemizes every grant it makes, so a return carrying none has filed its list as an attachment that the public copy does not include. The figures above are therefore from FY2024, the most recent year this funder’s grantee list reached the public record.

Source object · view filing

Play a game based on Asness Family’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home