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Washington, D.C. · Public charity

Cato Institute

The mission of the CATO INSTITUTE is to keep the principles, ideas, and moral case for liberty alive for future generations, while moving public policy in the direction of individual liberty, limited government, free markets, and peace.

$136k
Granted FY2026(still arriving)
4
Itemized grants FY2026
8
Organizations funded FY2025
50%
First-time grantees FY2025
Read the full brief
Itemized, FY2026
$106k
The rest is grants the schedule does not break out
Median grant, FY2026
$20,000
Largest grant, FY2026
$66,000
Organizations funded a year
1 to 8
FY2019 to FY2025
States reached, FY2026
4
Total assets, FY2026
$214M

How open it is to new grantees

In FY2025, 50% of the organizations Cato Institute funded were first-time grantees, receiving 45% of its grant dollars.

New vs renewed · share of each year

In FY2025, 55% of grant dollars renewed an existing relationship; $103k went to new ones.

50%100%’19’20’21’22’23’24’25
RenewedFirst-time

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

’19’20’21’22’23’24’25
Human ServicesYouth DevelopmentSocial ScienceReligionArts & CultureEducationOther
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
FY2026still arriving4$106k0%
FY20258$227k50%
FY20245$170k0%
FY20235$83k40%
FY20224$320k75%
FY20212$32k50%
FY20202$36k100%
FY20191$250k100%
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Arts & Culture$325kCrime & Legal$250kEducation$216kYouth Development$140kPublic Benefit$121kSocial Science$105kReligion$60kHuman Services$50kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

MI
NY
MA
OR
IN
PA
VA
MD
DC
TX
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2026, and the share of each one’s budget the grants supplied at peak.

Show all 17 grantees

Where it is load-bearing

Each grantee by its size and the share of its budget Cato Institute supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetThe Innocence Project Inc: $250,000 over 1y, 0.6% of budgetCuban American National Foundation Inc: $250,000 over 1y, 24% of budgetAmerica's Future Foundation: $190,500 over 5y, 4.8% of budgetFree to Choose Network Inc: $155,000 over 2y, 2.1% of budgetThe Brookings Institution: $85,000 over 4y, 0.0% of budgetYork College of Pennsylvania: $82,500 over 2y, 0.0% of budgetAmerican Legislative Exchange Council: $81,000 over 4y, 0.1% of budgetMoral Courage Project F/K/A Project Ijtihad: $60,000 over 2y, 4.5% of budgetStudents for Liberty Inc: $53,800 over 4y, 0.4% of budgetLiberty Fund Inc: $28,494 over 1y, 0.2% of budgetAmerican Institute for Economic Research: $20,000 over 1y, 0.4% of budgetThe One America Movement: $12,500 over 1y, 0.3% of budgetInternet Education Foundation: $10,000 over 1y, 0.7% 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 13.

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 IncVA17.4× affinity6 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Donors Trust Inc · Charles Koch Institute · The Seminar Network Inc · Triad Foundation Inc · Charles Koch Foundation · JP Humphreys Foundation · The Armstrong Foundation · Atlas Economic Research Foundation · John Templeton Foundation · Vanguard Charitable Endowment Program · National Philanthropic Trust · Morgan Stanley Global Impact Funding Trust 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 Cato Institute with peer funders

About Cato Institute

How much does Cato Institute give?
Cato Institute reported 4 itemized grants totaling $106,000, out of $136,000 in total grant expense reported on the return in its FY2026 IRS filing. It funded between 1 and 8 organizations a year over FY2019 to FY2025.
What does Cato Institute fund?
By grant dollars over FY2017 to FY2026, its largest causes are Arts & Culture (24%), Crime & Legal (19%), Education (16%).
Who are Cato Institute's largest grantees?
By total granted over FY2017 to FY2026: The Innocence Project Inc ($250k), Cuban American National Foundation Inc ($250k), America's Future Foundation ($191k).
Does Cato Institute fund new organizations?
In FY2025, 50% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Cato Institute?
Its strongest co-funders, measured against what their size predicts, include Donors Trust Inc, Charles Koch Institute, The Seminar Network Inc.
Where is Cato Institute based?
Cato Institute is based in DC.

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 19 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 e-file return for fiscal year 2026, released 2026. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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