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Dunard Fund USA Ltd at a glance

· Private foundation

Dunard Fund USA Ltd

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.

$65M
Granted FY2024still arriving
24
Grants FY2024still arriving
6
States reached
$53M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Arts & Culture$169MEducation$8.0MInternational$5.0MPhilanthropy$4.4MPublic Benefit$1.4MScience & Tech$104kCrime & Legal$5kHuman Services$2k
02FY2024 · 24 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k3 grants · $7k
  • $10k–50k4 grants · $95k
  • $50k–250k6 grants · $625k
  • $250k+11 grants · $64M
$184,600
Median grant
6
States reached
$232M
Total assets
Largest grants
RecipientAmount
COLBURN SCHOOL$52,500,000
MYRIAD USA$2,760,000
THE KING'S FOUNDATION AMERICA INC$2,600,000
CHAPEL & YORK FOUNDATION INC$1,750,400
LOS ANGELES OPERA$1,300,000
THE CROWN PRINCE FREDRICK FUND$1,000,000
THE AMERICAN IRELAND FUND$835,000
METROPOLITAN OPERA$650,000
UNIVERSITY OF DUBLIN FUND$500,000
AMERICAN FRIENDS OF LES ARTS FLORRISANTS$250,000
THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC$250,000
AMERICAN FRIENDS OF LONDON PHILHARMONIC ORCHESTRA INC$184,600
CATO INSTITUTE$110,000
THE J PAUL GETTY TRUST$100,000
DANCE DOWNTOWN LA INC$100,000
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 (FY24–24, $2.6M) 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%THE KING'S FOUNDATION AMERICA INC: $2.6M → 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.

Which US states its grants reach

IL
MI
NY
MA
OH
PA
CT
CA
VA
MD
DE
DC
GA
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.

97%of every dollar goes to organizations it has funded before.
$172M · 25 repeat orgs$5.0M to everyone else

Grantees it renews have grown median revenue +47% since the first grant, against +42% for those funded once.

25 repeat relationships: 15 still active in FY2024, 10 since wound down; 5 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

25
21

Total granted

$172M
$2.2M

Median revenue growth · since first grant

+47%
+42%

Still filing today

76%
86%

New vs renewed · share of each year

In FY2024, 95% of grant dollars renewed an existing relationship; $2.8M went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

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

’17’18’19’20’21’22’23’24
Arts & CultureEducationInternationalPhilanthropyPublic BenefitCivil RightsOther
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

  • TC
    THE COLBURN SCHOOL
    8× · 2017–2024 · $123M · revenue +90% · 40% of their budget
  • LA
    LOS ANGELES PHILHARMONIC ASSOCIATION
    7× · 2017–2023 · $8.9M · revenue +28%
  • TC
    THE CROWN PRINCE FREDERIK FUND INC
    2× · 2019–2024 · $1.3M · revenue +114% · 87% of their budget

Funded once

  • PHILADELPHIA ORCHESTRA ASSOCIATION
    one grant, 2022 · $500k · revenue +10%
  • AF
    Amer Friends of the Edinburgh Intl Festival
    one grant, 2017 · $423k
  • FO
    FRIENDS OF THE HIGH LINE INC
    one grant, 2018 · $250k · revenue -12%
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
Foundation for Modern Opera
—
2
Los Angeles Opera Company

To serve the public by producing world-class opera that preserves, promotes and advances the art form while embodying the diversity, spirit and artistic sensibility unique to los angeles. we envision an engaged and enlightened community in…

Arts & Culture
3
San Francisco Opera Association

We believe opera is a uniquely compelling, entertaining and emotionally thrilling art form. our mission is to bring together growing audiences to experience opera's transformative power.

Arts & Culture
4
Cleveland Institute of Music

The cleveland institute of music's mission is to empower the world's most talented classical music students to fulfill their dreams and potential.

Education
5
Hawaii Symphony Orchestra

To present the highest-quality performances of great music, bringing national and international distinction to the orchestra and its community; to delight and educate audiences of all ages and backgrounds, and enhance the cultural vitality…

Arts & Culture
6
Armand Hammer Museum of Art and Cultural Center Inc

The hammer museum at ucla believes in the promise of art and ideas to illuminate our lives and build a more just world.

Arts & Culture
7
Chicago Opera Theater

Chicago opera theater expands the tradition of opera as a living art form by engaging lovers of music and storytelling through innovative experiences, predominantly of new and rarely performed works.

Arts & Culture
8
Minnesota Orchestral Association

The minnesota orchestra mission is to enrich, inspire and serve our community as an enduring symphony orchestra internationally recognized for its artistic excellence.

Arts & Culture
9
New York City Opera

New york city opera was famously dubbed "the people's opera" by mayor fiorello laguardia at its founding in 1943. more than 80 years later, city opera continues its historic mission to inspire audiences with innovative and theatrically…

Arts & Culture
10
San Diego Opera Association

Mission: the mission of san diego opera is to deliver exceptional performances and exciting, accessible programs to diverse audiences, focusing on community partnerships, and the transformative and expressive power of the human voice. as…

Arts & Culture
11
Museum of Modern Art

The Museum of Modern Art is a private, non-profit institution chartered by the State of New York Department of Education in 1929 to foster public awareness of modern and contemporary art. (Continued in Schedule O)

Arts & Culture
12
Vanguard Concerts
—
How this is measured
The grantee most central to the portfolio’s shape is The Philharmonic Symphony Society of Ny Inc; the most unlike its peers is The J Paul Getty Trust. 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

47 grantees tracked through their own filings, 2017–2026.

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 2026, not grant rows in a single year, so this will not match the grant count on the cover. 47 of the 57 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.

7
Load-bearing (≥25% of a budget)
11
Early backer (in before they grew)
46/47
Grantees still filing
34/47
Grew since first funded

Where the money sits, by cause and then by grantee

THE COLBURN SCHOOL: $122,550,000 · Arts & CultureTHE COLBURN SCHOOLLOS ANGELES PHILHARMONIC ASSOCIATION: $8,936,000 · Arts & CultureLOS ANGELES PHILHARMONIC ASSOCIATIONMarlboro School of Music Inc: $8,800,000 · Arts & CultureMarlboro School of Music Inc+24 more: $4,492,252 · Arts & CultureMETROPOLITAN OPERA: $16,750,000 · OtherMETROPOLITAN OP…LOS ANGELES OPERA: $5,785,000 · OtherLOS ANGELES OPE…THE AMERICAN IRELAND FUND (DBA THE IRELAND FUNDS AMERICA/THE IRELAND FUNDS): $2,250,000 · OtherTHE AMERICAN IR…+12 more: $1,369,325 · OtherUCLA FOUNDATION: $4,000,000 · EducationTHE CROWN PRINCE FREDERIK FUND INC: $1,250,000 · EducationUNIVERSITY OF ST ANDREWS AMERICAN FOUNDATION INC: $1,000,000 · Education+4 more: $211,000 · EducationMYRIAD USA INC: $2,760,000 · InternationalUniversity Of Dublin Fund: $2,740,000 · International+1 more: $135,000 · InternationalTHE KING'S FOUNDATION AMERICA INC: $2,600,000 · Human ServicesCHAPEL & YORK US FOUNDATION INC: $1,765,400 · PhilanthropyTHE J PAUL GETTY TRUST: $350,000 · PhilanthropyCATO INSTITUTE: $180,000 · Public BenefitINSTITUTE FOR JUSTICE: $5,000 · Civil Rights
Arts & Culture$144,778,252Other$26,154,325Education$6,461,000International$5,635,000Human Services$2,600,000Philanthropy$2,115,400Public Benefit$180,000Civil Rights$5,000

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 budgetTHE COLBURN SCHOOL: $122,550,000 over 8y, 40% of budgetLOS ANGELES PHILHARMONIC ASSOCIATION: $8,936,000 over 7y, 1.7% of budgetMarlboro School of Music Inc: $8,800,000 over 5y, 41% of budgetUCLA FOUNDATION: $4,000,000 over 6y, 0.2% of budgetMYRIAD USA INC: $2,760,000 over 1y, 1.4% of budgetUniversity Of Dublin Fund: $2,740,000 over 3y, 99% of budgetTHE AMERICAN IRELAND FUND (DBA THE IRELAND FUNDS AMERICA/THE IRELAND FUNDS): $2,250,000 over 4y, 6.0% of budgetCHAPEL & YORK US FOUNDATION INC: $1,765,400 over 2y, 3.9% of budgetTHE CROWN PRINCE FREDERIK FUND INC: $1,250,000 over 2y, 87% of budgetTHE PHILHARMONIC SYMPHONY SOCIETY OF NY INC: $1,000,000 over 3y, 0.4% of budgetUNIVERSITY OF ST ANDREWS AMERICAN FOUNDATION INC: $1,000,000 over 3y, 35% of budgetDANCE DOWNTOWN LA INC LA DANCE PROJECT: $975,000 over 8y, 5.8% of budgetPHILADELPHIA ORCHESTRA ASSOCIATION: $500,000 over 1y, 0.7% of budgetAMERICAN FRIENDS OF THE LONDON PHILHARMONIC ORCHESTRA INC: $428,400 over 4y, 49% of budgetTHE J PAUL GETTY TRUST: $350,000 over 5y, 0.0% of budgetAMERICAN FRIENDS OF LES ARTS FLORISSANTS INC: $285,000 over 2y, 12% of budgetTHE MAESTRO FOUNDATION: $259,978 over 7y, 22% of budgetFRIENDS OF THE HIGH LINE INC: $250,000 over 1y, 1.2% of budgetBALTIMORE SYMPHONY ORCHESTRA INC: $190,474 over 1y, 0.7% of budgetCATO INSTITUTE: $180,000 over 7y, 0.1% of budgetUNIVERSITY OF SOUTHERN CALIFORNIA: $160,000 over 4y, 0.0% of budgetALVIN AILEY DANCE FOUNDATION INC: $157,100 over 1y, 0.4% of budgetSAN FRANCISCO CHANTICLEER INC: $140,000 over 5y, 1.6% of budgetVICTORIA AND ALBERT MUSEUM AMERICAS FOUNDATION: $135,000 over 1y, 7.9% of budgetEDINBURGH INTERNATIONAL FESTIVAL USA INC: $129,401 over 1y, 53% of budgetMETROPOLITAN MUSEUM OF ART: $125,000 over 5y, 0.0% of budgetMary Miss - City as Living Laboratory: $104,199 over 1y, 21% of budgetMUSIC INSTITUTE OF CHICAGO: $100,000 over 1y, 1.4% of budgetCINCINNATI SYMPHONY ORCHESTRA: $92,776 over 1y, 0.2% of budgetFriends Of the Academy of St Martin in the Fields: $80,000 over 1y, 14% of budgetOJAI FESTIVALS LTD: $50,000 over 1y, 2.1% of budgetThe New School: $40,000 over 3y, 0.0% of budgetTHE MUSEUM OF CONTEMPORARY ART LOS ANGELES: $39,725 over 4y, 0.1% of budgetSegerstrom Center for the Arts: $30,000 over 3y, 0.0% of budgetMUSIC AND DANCE THEATER CHICAGO INC: $25,000 over 1y, 0.5% of budgetPETERSEN AUTOMOTIVE MUSEUM FOUNDATION: $20,000 over 1y, 0.1% of budgetTHE INDUSTRY PRODUCTIONS INC: $20,000 over 2y, 1.8% of budgetCAMERATA PACIFICA: $15,000 over 1y, 0.5% of budgetTHE ARCHITECTURAL LEAGUE OF NEW YORK: $11,500 over 1y, 0.8% of budgetCALIFORNIA STATE UNIVERSITY NORTHRIDGE FOUNDATION: $10,000 over 1y, 0.1% of budgetYOUNG CONCERT ARTISTS INC: $10,000 over 1y, 0.3% of budgetCANTICORUM VIRTUOSI INC: $10,000 over 1y, 3.9% of budgetINSTITUTE FOR JUSTICE: $5,000 over 1y, 0.0% of budgetHILLSDALE COLLEGE: $1,000 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.

Ann & Gordon Getty Fo…The Negaunee Foundati…Colburn FoundationThe Annenberg Foundat…Gs Donor Advised Phil…California Community …The Ayco Charitable F…National Philanthropi…Jewish Communal FundMorgan Stanley Global…Raymond James Charita…Vanguard Charitable E…
Ann & Gordon Getty FoundationCA19.8× affinity7 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Ann & Gordon Getty Foundation · The Negaunee Foundation · Colburn Foundation · The Annenberg Foundation · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · California Community Foundation · The Ayco Charitable Foundation · National Philanthropic Trust · Jewish Communal Fund · Morgan Stanley Global Impact Funding Trust Inc · Raymond James Charitable Endowment Fund · Vanguard Charitable Endowment Program

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 Dunard Fund USA Ltd funds: left to right is the share of its income from government, bottom to top the share from Dunard Fund USA Ltd. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 20%6%25%56%100%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →median 11%
  • Baltimore Symphony Orchestra Inc: 11% of income from government
no gov moneyreceives it· size = income
2get no government money at all
8report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–20%
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.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Dunard Fund USA Ltd?

Find your warmest path to Dunard Fund USA Ltd through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

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 57 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 Dunard Fund USA Ltd’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