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Carnelian Trust at a glance

· Private foundation

Carnelian Trust

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.

$94k
Granted FY2022
27
Grants FY2022
7
States reached
$25k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0197% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2022.

Arts & Culture$171kHuman Services$20kInternational$19kFood & Nutrition$16kCrime & Legal$8kEducation$7kHousing & Shelter$6kCivil Rights$5kOther$0
02FY2022 · 27 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2022

  • Under $10k24 grants · $29k
  • $10k–50k3 grants · $65k
$1,000
Median grant
7
States reached
$2.6M
Total assets
Largest grants
RecipientAmount
Chicago Childrens Choir$25,000
Southern California Public Radio$20,000
Self-Help Federal Credit Union PRI$20,000
Merit School of Music$6,000
Union Station Homeless Services$2,500
Salastina$2,500
Reading Between the Lines$2,500
Los Angeles Food Bank$2,000
Jazz Hands for Autism$2,000
Amnesty International$1,000
Individual grant recipient$1,000
Sandy Hook Promise$1,000
International Rescue Committee$1,000
Museum of Tolerance$1,000
US Holocaust Memorial Museum$1,000
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 (FY20–22, $6k) land where the poverty rate runs at 14%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%Union Station Homeless Services: $3k → 14%Union Station Homeless Services: $3k → 14%Union Station Homeless Services: $1k → 14%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.
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.

91%of every dollar goes to organizations it has funded before.
$233k · 22 repeat orgs$22k to everyone else

22 repeat relationships: 22 still active in FY2022, 0 since wound down; 3 grantees were first funded in FY2022 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

22
1

Total granted

$233k
$750

Median revenue growth · since first grant

+51%
+98%

Still filing today

82%
100%

New vs renewed · share of each year

In FY2022, 77% of grant dollars renewed an existing relationship; $21k went to new ones.

50%100%’20’21’22
RenewedFirst-time

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

’20’21’22
Arts & CultureEducationInternationalCrime & LegalFood & NutritionHuman ServicesOther
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

  • UV
    UNITING VOICES
    5× · 2020–2024 · $75k · revenue +38%
  • MS
    MERIT SCHOOL OF MUSIC
    5× · 2020–2024 · $18k · revenue ×16
  • IR
    International Rescue Committee INC
    5× · 2020–2024 · $11k · revenue +63%

Funded once

  • KA
    KHAN ACADEMY INCgraduated
    one grant, 2021 · $750 · revenue +98%
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
Albright College

As a diverse community of learners, we cultivate integrity, curiosity, connection and resilience.

Education
2
Bar Ilan University in Israel Inc

Biu produces students who excel in the sciences, humanities, law, engineering, business & the arts.

—
3
University of Southern California

The central mission of the university of southern california is the development of human beings and society as a whole through the cultivation and enrichment of the human mind and spirit. the principal means by which our mission is…

Education
4
Lehigh University

The university's goal in the coming decade is to advance learning through the integration of teaching, research and service to others. the core of this goal is to prepare graduates to engage with the world and lead lives of meaning. to do…

Education
5
The Central European University

Ceu is committed to promoting the values of open society and self-reflective critical thinking. it aims at excellence in the mastery of established knowledge, courage to pursue the creation of new knowledge in the humanities, the social…

International
6
Institute for Advanced Study - Louis Bamberger & Mrs Felix Fuld Foundation

The institute for advanced study (the institute) is one of the world's leading centers for theoretical research and intellectual inquiry. see schedule o.

Science & Tech
7
Columbia College Chicago

The organization's mission is to educate students for creative occupations in diverse fields of arts and media.

Education
8
Us Middle East Project Inc

The organization's mission is to engage in non partisan analysis of u.s. foreign policy in the middle east, with special emphasis on the middle east peace process, and to present policymakers in the united states, in the region and in the…

International
9
Manhattan School of Music

Manhattan school of music is deeply committed to excellence in education, performance, and creative activity; to the humanity of the school's environment; and to the cultural enrichment of the larger community. a premiere international…

Arts & Culture
10
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
11
Yeshiva University

The university is composed of several colleges and schools providing undergraduate, graduate, professional and post-doctoral education and training and research and clinical programs.

Education
12
University of Miami

See Form 990, Part I, Line 1, Description of Organization Mission.

Education
How this is measured
The grantee most central to the portfolio’s shape is Simon Wiesenthal Center Inc; the most unlike its peers is International Rescue Committee Inc. 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

27 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. 27 of the 29 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.

0
Load-bearing (≥25% of a budget)
4
Early backer (in before they grew)
27/27
Grantees still filing
22/27
Grew since first funded

Where the money sits, by cause and then by grantee

UNITING VOICES: $75,000 · Arts & CultureUNITING VOICESSOUTHERN CALIFORNIA PUBLIC RADIO: $61,000 · Arts & CultureSOUTHERN CALIFORNIA PUBLIC RADIOMERIT SCHOOL OF MUSIC: $18,000 · Arts & CultureMERIT SCHOOL OF MUSICSALASTINA: $7,000 · Arts & Culture+4 more: $12,500 · Arts & Culture+4 moreSelf-Help Federal Credit Union PRI: $20,000 · OtherSelf-Help Federal …LOS ANGELES FOOD BANK: $9,000 · OtherLOS ANGELES FOOD B…Individual grant recipient: $3,000 · OtherIndividual grant r…Roosevelt University: $2,500 · OtherRoosevelt Universi…University of Chicago: $2,000 · OtherCHILDREN'S DEFENSE FUND: $2,000 · OtherWESTSIDE FAMILY HEALTH CENTER: $1,500 · Other+5 more: $2,870 · Other+5 moreInternational Rescue Committee INC: $10,500 · InternationalAMNESTY INTERNATIONAL OF THE USA INC: $7,000 · InternationalNEW ISRAEL FUND: $1,500 · InternationalREADING BETWEEN THE LINES NFP: $7,000 · Crime & LegalSANDY HOOK PROMISE FOUNDATION: $1,000 · Crime & LegalFeeding America: $7,000 · Food & NutritionUNION STATION HOMELESS SERVICES: $6,000 · Human ServicesLIBERTY HILL FOUNDATION: $4,000 · PhilanthropyGrapevine giving foundation: $500 · Philanthropy
Arts & Culture$173,500Other$42,870International$19,000Crime & Legal$8,000Food & Nutrition$7,000Human Services$6,000Philanthropy$4,500

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 budgetUNITING VOICES: $75,000 over 5y, 0.6% of budgetSOUTHERN CALIFORNIA PUBLIC RADIO: $61,000 over 5y, 0.1% of budgetMERIT SCHOOL OF MUSIC: $18,000 over 5y, 0.7% of budgetInternational Rescue Committee INC: $10,500 over 5y, 0.0% of budgetFeeding America: $7,000 over 5y, 0.0% of budgetSALASTINA: $7,000 over 5y, 1.1% of budgetAMNESTY INTERNATIONAL OF THE USA INC: $7,000 over 5y, 0.0% of budgetREADING BETWEEN THE LINES NFP: $7,000 over 5y, 1.0% of budgetUNION STATION HOMELESS SERVICES: $6,000 over 5y, 0.0% of budgetLIBERTY HILL FOUNDATION: $4,000 over 2y, 0.0% of budgetJAZZ HANDS FOR AUTISM: $4,000 over 4y, 0.3% of budgetThe United States Holocaust Memorial Museum: $3,000 over 5y, 0.0% of budgetSIMON WIESENTHAL CENTER INC: $3,000 over 5y, 0.0% of budgetPasadena Conservatory of Music: $2,500 over 5y, 0.0% of budgetRoosevelt University: $2,500 over 5y, 0.0% of budgetUniversity of Chicago: $2,000 over 5y, 0.0% of budgetCHILDREN'S DEFENSE FUND: $2,000 over 4y, 0.0% of budgetNEW ISRAEL FUND: $1,500 over 5y, 0.0% of budgetWESTSIDE FAMILY HEALTH CENTER: $1,500 over 4y, 0.0% of budgetSANDY HOOK PROMISE FOUNDATION: $1,000 over 3y, 0.0% of budgetKHAN ACADEMY INC: $750 over 1y, 0.0% of budgetWESLEYAN UNIVERSITY: $600 over 5y, 0.0% of budgetGrapevine giving foundation: $500 over 2y, 0.0% of budgetNext City Inc: $320 over 3y, 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.

  • Who funds UNITING VOICES ↗
  • Who funds SOUTHERN CALIFORNIA PUBLIC RADIO ↗
  • Who funds MERIT SCHOOL OF MUSIC ↗
  • Who funds International Rescue Committee INC ↗
  • Who funds Feeding America ↗
  • Who funds SALASTINA ↗
  • Who funds AMNESTY INTERNATIONAL OF THE USA INC ↗
  • Who funds READING BETWEEN THE LINES NFP ↗
  • Who funds UNION STATION HOMELESS SERVICES ↗
  • Who funds LIBERTY HILL FOUNDATION ↗
  • Who funds JAZZ HANDS FOR AUTISM ↗
  • Who funds The United States Holocaust Memorial Museum ↗
  • Who funds SIMON WIESENTHAL CENTER INC ↗
  • Who funds Pasadena Conservatory of Music ↗
  • Who funds Roosevelt University ↗
  • Who funds University of Chicago ↗
  • Who funds CHILDREN'S DEFENSE FUND ↗
  • Who funds NEW ISRAEL FUND ↗
  • Who funds WESTSIDE FAMILY HEALTH CENTER ↗
  • Who funds SANDY HOOK PROMISE FOUNDATION ↗
  • Who funds KHAN ACADEMY INC ↗
  • Who funds WESLEYAN UNIVERSITY ↗
  • Who funds Grapevine giving foundation ↗
  • Who funds Next City Inc ↗

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.

California Community …The Ralph M Parsons F…Vanguard Charitable E…Fidelity Investments …Donor Advised Charita…Amazonsmile Foundation
California Community FoundationCA14.5× affinity5 shared granteesties to 5 of 5Hover any node to trace its alignments.Compare side by side →

Open a dossier: California Community Foundation · The Ralph M Parsons Foundation · Vanguard Charitable Endowment Program · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc · Amazonsmile Foundation

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 Carnelian Trust funds: left to right is the share of its income from government, bottom to top the share from Carnelian Trust. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%23%45%68%90%share of the org’s income from government →median 1%
  • Wesleyan University: 1% of income from government
  • Sandy Hook Promise Foundation: 0% of income from government
no gov moneyreceives it· size = income
0get no government money at all
5report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–90%
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 29 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 2022, released 2022. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports no grant expense, so the figures above are from FY2022, the most recent year this funder made grants.

Source object · view filing

Play a game based on Carnelian’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