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D Squared Foundation Inc at a glance

· Private foundation

D Squared Foundation Inc

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.

$870k
Granted FY2024still arriving
26
Grants FY2024still arriving
9
States reached
$250k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Health$1.1MEducation$734kRecreation & Sports$500kArts & Culture$422kEnvironment$413kInternational$350kHousing & Shelter$212kHuman Services$63kOther$0
02FY2024 · 26 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k14 grants · $65k
  • $10k–50k8 grants · $205k
  • $50k–250k2 grants · $100k
  • $250k+2 grants · $500k
$6,644
Median grant
9
States reached
$2.9M
Total assets
Largest grants
RecipientAmount
BPS Foundation$250,000
BPS Foundation$250,000
Green Oceans$50,000
Community Roots Charter School$50,000
Notre Dame High School$47,750
Rosie's Place$40,000
Newtowne School Incorporated$30,000
Tabernacle Learning Center Inc$29,000
Notre Dame High School$25,000
Child & Family Services of Newport County$13,073
Brigham and Women's Hospital$10,000
Child & Family Services of Newport County$10,000
Child & Family Services of Newport County$6,644
IYRS School of Technology and Trades$6,565
Child & Family Services of Newport County$5,607
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 (FY20–24, $55k) land where the poverty rate runs at 10%, against an area that typically sits at 11%. 9% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 11%Second Chances Inc: $10k → 8%Southeastern Guide Dogs: $10k → 10%Northeast Ohio Adoption Services: $5k → 16%TIDEWELL HOSPICE: $20k → 9%Southeastern Guide Dogs: $5k → 10%Southeastern Guide Dogs: $5k → 10%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

NY
MA
NV
OH
NJ
CT
RI
CA
DE
NC
DC
AL
FL
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.

69%of every dollar goes to organizations it has funded before.
$2.4M · 16 repeat orgs$1.1M to everyone else

16 repeat relationships: 10 still active in FY2024, 6 since wound down; 10 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

16
14

Total granted

$2.4M
$462k

Median revenue growth · since first grant

+10%
+19%

Still filing today

81%
71%

New vs renewed · share of each year

In FY2024, 25% of grant dollars renewed an existing relationship; $657k went to new ones.

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

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

’19’20’21’22’23’24
EducationArts & CultureHuman ServicesEnvironmentHousing & ShelterHealthOther
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

  • TRUSTEES OF BOSTON COLLEGE
    2× · 2020–2022 · $300k · revenue +50%
  • RP
    ROSIE'S PLACE INC
    6× · 2019–2024 · $201k · revenue +75%
  • TL
    Tabernacle Learning Center Inc
    3× · 2020–2024 · $81k · revenue +44%

Funded once

  • SC
    St Columba's Historic Preservation Fund
    one grant, 2023 · $200k
  • PRESERVE RHODE ISLAND
    one grant, 2020 · $100k · revenue -75%
  • FO
    Friends of Florence
    one grant, 2020 · $25k · revenue -42%
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
Boston Harbor Now Inc

Our mission is to ensure that the people of greater boston benefit from a vibrant, resilient, and inclusive waterfront, harbor, and islands; these spaces are equitable, accessible, and adapted to climate change; and to ensure our public,…

Environment
2
Boston Architectural College

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

—
3
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.

—
4
Brighton Marine Inc

Brighton marine, inc. provides military and veteran families with comprehensive campus-based quality health care, as well as affordable and supportive housing for at-risk veterans and their families.

Health
5
United Way of Rhode Island Inc

United way's mission is uniting our community and resources to build racial equity and opportunities for all rhode islanders.

Philanthropy
6
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
7
Rhode Island School of Design

The mission of rhode island school of design, through its college and museum,is to educate its students and the public in the creation and (see schedule o)appreciation of works of art and design, to discover and transmit knowledge and to…

Education
8
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
9
Brooklyn Navy Yard Development Corp

To manage the brooklyn navy yard for the city of new york, specifically to expand job opportunities for new yorkers by fostering the development of small businesses.

Community Improvement
10
Nantucket Conservation Foundation Inc

The nantucket conservation foundation owns, protects, and stewards over 9,000 acres of land and coastal shoreline, conserves nantucket's rare and significant natural resources, and engages in impactful ecological research to inform…

Environment
11
Atlantic University Inc

Provide post-secondary education of excellence.

Education
12
Coop Careers Inc

Building a movement of diverse, upwardly mobile college grads overcoming underemployment through digital skills and peer connections.

Education
How this is measured
The grantee most central to the portfolio’s shape is Child and Family Services of Newport County; the most unlike its peers is Friends of the Bargello 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

33 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. 33 of the 41 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)
33/33
Grantees still filing
20/33
Grew since first funded

Where the money sits, by cause and then by grantee

MASS GENERAL BRIGHAM INCORPORATED: $1,010,000 · OtherMASS GENERAL BRIGHAM INCORPORATEDBPS FOUNDATION: $500,000 · OtherBPS FOUNDATIONSt Columba's Historic Preservation Fund: $200,000 · OtherSt Columba's Historic Preservation FundNotre Dame High School: $193,600 · OtherNotre Dame High School+17 more: $269,344 · Other+17 moreTRUSTEES OF BOSTON COLLEGE: $300,000 · EducationTRUSTEES OF B…Tabernacle Learning Center Inc: $81,087 · EducationTabernacle Le…COMMUNITY ROOTS CHARTER SCHOOL: $50,000 · EducationCOMMUNITY ROO…University of Miami: $25,000 · EducationUniversity of…AQUIDNECK ISLAND LAND TRUST: $352,500 · EnvironmentAQUIDNECK I…Green Oceans: $50,000 · EnvironmentGreen Ocean…+2 more: $10,000 · EnvironmentMYRIAD USA INC: $350,000 · InternationalMYRIAD USA…PRESERVE RHODE ISLAND: $100,000 · Arts & CultureFRIENDS OF THE BARGELLO INC: $72,154 · Arts & CultureIYRS SCHOOL OF TECHNOLOGY & TRADES INC: $52,965 · Arts & CultureFriends of Florence: $25,000 · Arts & CultureROSIE'S PLACE INC: $201,000 · Housing & ShelterRHODE ISLAND COALITION FOR THE HOMELESS INC: $10,250 · Housing & Shelter+1 more: $500 · Housing & ShelterTIDEWELL HOSPICE INC: $20,000 · Human ServicesSoutheastern Guide Dogs Inc: $20,000 · Human ServicesSecond Chances Inc: $10,000 · Human ServicesNORTHEAST OHIO ADOPTION SERVICES: $5,000 · Human Services
Other$2,172,944Education$456,087Environment$412,500International$350,000Arts & Culture$250,119Housing & Shelter$211,750Human Services$55,000

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 budgetBPS FOUNDATION: $500,000 over 1y, 1.2% of budgetAQUIDNECK ISLAND LAND TRUST: $352,500 over 3y, 5.5% of budgetMYRIAD USA INC: $350,000 over 3y, 0.2% of budgetTRUSTEES OF BOSTON COLLEGE: $300,000 over 2y, 0.0% of budgetROSIE'S PLACE INC: $201,000 over 6y, 0.3% of budgetPRESERVE RHODE ISLAND: $100,000 over 1y, 2.2% of budgetTabernacle Learning Center Inc: $81,087 over 3y, 17% of budgetFRIENDS OF THE BARGELLO INC: $72,154 over 2y, 37% of budgetIYRS SCHOOL OF TECHNOLOGY & TRADES INC: $52,965 over 3y, 0.8% of budgetGreen Oceans: $50,000 over 1y, 4.9% of budgetCOMMUNITY ROOTS CHARTER SCHOOL: $50,000 over 1y, 0.4% of budgetCHILD AND FAMILY SERVICES OF NEWPORT COUNTY: $47,024 over 2y, 0.3% of budgetNEWTOWNE SCHOOL INCORPORATED: $30,000 over 1y, 2.3% of budgetEQUAL JUSTICE INITIATIVE: $30,000 over 2y, 0.0% of budgetFriends of Florence: $25,000 over 1y, 1.4% of budgetUniversity of Miami: $25,000 over 1y, 0.0% of budgetIOLA Foundation: $20,000 over 1y, 0.5% of budgetTIDEWELL HOSPICE INC: $20,000 over 1y, 0.0% of budgetSoutheastern Guide Dogs Inc: $20,000 over 3y, 0.0% of budgetTIDEWELL FOUNDATION INC: $15,000 over 2y, 0.1% of budgetTREVOR PROJECT INC: $15,000 over 2y, 0.0% of budgetTHE ARC OF MONMOUTH INC: $12,500 over 2y, 0.0% of budgetRHODE ISLAND COALITION FOR THE HOMELESS INC: $10,250 over 2y, 0.1% of budgetSecond Chances Inc: $10,000 over 1y, 5.0% of budgetCOOPERSTOWN FIRE DEPT INC: $10,000 over 1y, 14% of budgetNORTHEAST OHIO ADOPTION SERVICES: $5,000 over 1y, 0.2% of budgetTHE UNITED WAY OF GREATER WATERBURY INC: $5,000 over 1y, 0.1% of budgetCLEAN OCEAN ACCESS INC: $5,000 over 1y, 1.4% of budgetNATURAL RESOURCES DEFENSE COUNCIL INC: $5,000 over 1y, 0.0% of budgetTHE ANDREW MCDONOUGH B FOUNDATION: $5,000 over 1y, 0.1% of budgetTHE V FOUNDATION: $5,000 over 1y, 0.0% of budgetBunker Hill Community College Foundation Inc: $1,542 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.

The Rhode Island Comm…The Beacon FoundationThe de Ramel Foundati…Van Beuren Charitable…Gruben Charitable Fou…The Champlin Foundati…United Way of Rhode I…The Bessemer Giving F…Boston Foundation IncMorgan Stanley Global…The Bank of America C…Gs Donor Advised Phil…
The Rhode Island Community FoundationRI20.8× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Rhode Island Community Foundation · The Beacon Foundation · The de Ramel Foundation · Van Beuren Charitable Foundation Inc · Gruben Charitable Foundation · The Champlin Foundation · United Way of Rhode Island Inc · The Bessemer Giving Fund · Boston Foundation Inc · Morgan Stanley Global Impact Funding Trust Inc · The Bank of America Charitable Foundation Inc · Gs Donor Advised Philanthropy Fund for Wealth Management 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.

How much its grantees rely on government

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

2024
’20’21’22’23’24’25
no gov · 60%3%10%23%40%funder's share of their income ↑0%23%45%68%90%share of the org’s income from government →median 3%
  • The United Way of Greater Waterbury Inc: 6% of income from government
  • University of Miami: 5% of income from government
  • Trustees of Boston College: 3% of income from government
  • Southeastern Guide Dogs Inc: 0% of income from government
  • Rosie's Place Inc: 0% of income from government
  • Tidewell Hospice Inc: 0% of income from government
no gov moneyreceives it· size = income
6get no government money at all
9report 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 41 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

Play a game based on D Squared’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