· Public charity
Atlas Economic Research Foundation
Atlas Network increases global prosperity by strengthening a network of independent partner organizations that promote individual freedom and are committed to identifying and removing barriers to human flourishing.
What you funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year — across FY2017–2025.
Where the money goes
Your grants by size, and where they go.
The 40 grants below total $2,012,833 — the rows itemised in this filing. The $15,774,921 headline is the total grant expense reported on the return, so the remaining $13,762,088 is giving the schedule does not break out: grants under the $5,000 itemisation floor, grants to individuals, and grants reported on other schedules. Every figure below describes the itemised rows only.
By grant size · FY2025
- Under $10k1 grant · $9k
- $10k–50k25 grants · $649k
- $50k–250k13 grants · $946k
- $250k+1 grant · $409k
| Recipient | Amount |
|---|---|
| Archbridge Institute | $409,000 |
| Students for Liberty | $127,218 |
| American Conservation Coalition Campus | $100,000 |
| Libertas Institute | $100,000 |
| Pacific Legal Foundation | $100,000 |
| Beacon Center of Tennessee | $78,315 |
| Sutherland Institute | $70,000 |
| Grassroot Institute of Hawaii | $70,000 |
| Institute for the Study of Modern Authoritarianism (ISMA) | $50,000 |
| Acton Institute | $50,000 |
| C3 Solutions | $50,000 |
| Human Rights Foundation | $50,000 |
| Cardinal Institute for West Virginia | $50,000 |
| End It For Good | $50,000 |
| Mackinac Center for Public Policy | $45,000 |
Do your dollars go where the need is?
Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.
Your human-services grants (FY21–21, $10k) land where the poverty rate runs at 17%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.
Which US states your grants reach
Grants abroad, by region — $13M on the FY2025 return
Schedule F, as filed: 8 regions. The IRS asks for region and purpose, not the recipient, so no country or grantee can be named here.
Stated purpose: Economic Education
Stated purpose: Economic Education
Stated purpose: Economic Education
Stated purpose: Economic Education
Stated purpose: Economic Education
Stated purpose: Economic Education
Stated purpose: Economic Education
Stated purpose: Economic Education
US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving. Grants abroad on Schedule F are filed by region, purpose and amount with no recipient name, so they are shown by region and cannot be placed on the country map or matched to a grantee.
Who you back again
Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.
And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +63% since the first grant, against +31% for the ones you funded once.
54 repeat relationships — 30 still active in FY2025, 24 since wound down; 10 grantees were first funded in FY2025 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2025, 85% of grant dollars renewed an existing relationship; $305k went to new ones.
Where new relationships form · theme of each grantee’s first grant
First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). 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
- AIARCHBRIDGE INSTITUTE5× · 2017–2025 · $588k · revenue ×19
- BCBEACON CENTER OF TENNESSEE8× · 2017–2025 · $537k · revenue +152%
- PLPacific Legal Foundation6× · 2020–2025 · $389k · revenue +91%
Funded once
- CCCONSUMER CHOICE EDUCATIONone grant, 2022 · $805k · revenue -98% · 54% of their budget
UNIVERSITY OF PITTSBURGHone grant, 2022 · $405k · revenue +11%- RIREFORM INTERNATIONAL INCone grant, 2017 · $295k · 100% of their budget
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.
The american enterprise institute is a community of scholars and supporters committed to expanding liberty, increasing individual opportunity, and strengthening free enterprise. aei pursues these ideals through independent thinking and the…
To educate the public on constitutional issues and public policy matters. We are dedicated to the principles of individual liberty, peace through strength, limited government, free enterprise, and the values embodied in the Declaration of…
The open markets institute works to help people relearn how to use competition policy to build stronger democracies, more just and equitable societies, more innovative and sustainable economies, and a more secure and peaceful world.
The peterson institute for international economics (piie) is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical…
The manhattan institute is a community of scholars, journalists, activists, and civic leaders dedicated to advancing opportunity, individual liberty, and the rule of law in america and its great cities.
Disseminate information and education about pertinent economic, social and governmental topics, via print, web and other media to educate the public about the principles of LIbertarianism.
The foreign policy research institute (frpi) is dedicated to producing the highest quality scholarship and nonpartisan policy analysis focused on crucial foreign policy and national security challenges facing the united states. we educate…
The mission of independence institute is to empower individuals and to educate citizens,legislators and opinion makers about public policies that enhance personal and economic freedom.
To promote the ideals of free market economics, individual liberty, and limited government through the conduct of public opinion research.
For reference, the grantee most central to the portfolio’s shape is Texas Public Policy Foundation and the most unlike its peers is Grace Richardson Fund. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.
Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.
Your grantees are a median of 22 years old; the field is 16. You back the established end — and your money leans older still.
The field is 22% startups (under 5 years old) — 9% of your grantees by number, and just 3% of your money.
The orgs you fund almost never close — 4% lost their exemption, against 13% of the field you don’t fund.
Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.
106 grantees tracked through their own filings, 2017–2026.
Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.
Counted here: distinct organizations you funded across 2017–2026, not grant rows in a single year — so this will not match the grant count on the cover. 106 of the 116 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.
Where your money sits — by cause, then by grantee
Each org by its size and your share of it — top-left is where you’re load-bearing
Go grantee by grantee — a decade per org, and how each moved after you funded them
A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.
- Who funds CONSUMER CHOICE EDUCATION ↗
- Who funds Taliesin Nexus ↗
- Who funds ARCHBRIDGE INSTITUTE ↗
- Who funds BEACON CENTER OF TENNESSEE ↗
- Who funds UNIVERSITY OF PITTSBURGH ↗
- Who funds Pacific Legal Foundation ↗
- Who funds Georgia Center for Opportunity Inc ↗
- Who funds STUDENTS FOR LIBERTY INC ↗
- Who funds Cardinal Institute for West Virginia Policy Inc ↗
- Who funds Libertas Network ↗
- Who funds THE COMMONWEALTH FOUNDATION FOR PUBLIC POLICY ALTERNATIVES ↗
- Who funds REFORM INTERNATIONAL INC ↗
- Who funds PROPERTY AND ENVIRONMENT RESEARCH CENTER ↗
- Who funds PELICAN INSTITUTE FOR PUBLIC POLICY ↗
- Who funds Ideas Beyond Borders Inc ↗
- Who funds BETTER CITIES PROJECT ↗
- Who funds HUMAN RIGHTS FOUNDATION INC ↗
- Who funds THE JOHN LOCKE FOUNDATION INC ↗
- Who funds FRIENDS OF UFM INC ↗
- Who funds AMERICAN CONSERVATION COALITION ACTION INC ↗
- Who funds The Buckeye Institute ↗
- Who funds Fundacion Luis G Fortuno Inc ↗
- Who funds The Becket Fund ↗
- Who funds LADIES OF LIBERTY ALLIANCE ↗
- Who funds Foundation for Economic Education Inc ↗
- Who funds Young Voices ↗
- Who funds BADGER INSTITUTE INC ↗
- Who funds END IT FOR GOOD INC ↗
- Who funds GRASSROOT INSTITUTE OF HAWAII INC ↗
- Who funds PLATTE INSTITUTE FOR ECONOMIC RESEARCH INC ↗
- Who funds BARRY GOLDWATER INSTITUTE FOR PUBLIC POLICY RESEARCH ↗
- Who funds Sutherland Institute ↗
- Who funds ECONOMIC FUNDAMENTALS INITIATIVE INC ↗
- Who funds Hardwired Incorporated ↗
- Who funds ILLINOIS POLICY INSTITUTE ↗
- Who funds TEXAS PUBLIC POLICY FOUNDATION ↗
- Who funds Mercatus Center Inc ↗
- Who funds FRONTIER INSTITUTE INC ↗
The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.
Open a dossier: Donors Trust Inc · The Lynde and Harry Bradley Foundation Inc · State Policy Network · Adolph Coors Foundation · Charles Koch Foundation · Charles Koch Institute · The Roe Foundation · The Seminar Network Inc · Bradley Impact Fund Inc · Beth and Ravenel Curry Foundation · John William Pope Foundation · Sarah Scaife Foundation Incorporated
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.
Government reliance of your grantees
Every dot is one organization Atlas Economic Research Foundation funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.
- Calvin Coolidge Presidential Foundation Inc — 0% of income from government
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 your grant caused the public funding. Coverage is precision-first — a floor, not 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 12–24 months.