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· Private foundation

EMC Insurance Foundation

Its FY2025 filing reports that it accepted unsolicited grant applications.

$1.5M
Granted FY2025still arriving
108
Grants FY2025still arriving
38
States reached
$167k
Largest
01What you fundRead
02The needRead
03Your edgeRead
04Your fieldRead
05Through PlinthRead
01What you fund
01100% classified

What you funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year — across FY2020–2025.

Arts & Culture$1.7MHealth$1.6MPhilanthropy$1.4MEnvironment$905kEducation$895kHuman Services$673kFood & Nutrition$588kHousing & Shelter$507kOther$0
02FY2025 · 108 grants

Where the money goes

Your grants by size, and where they go.

By grant size · FY2025

  • Under $10k73 grants · $212k
  • $10k–50k26 grants · $522k
  • $50k–250k9 grants · $769k
$5,000
Median grant
38
States reached
$29M
Total assets
Largest grants
RecipientAmount
Orchard Place$166,500
United Way of Central Iowa$160,498
Des Moines Performing Arts$125,000
Hoyt Sherman Place Foundation$66,666
Blank Park Zoo$50,000
On With Life Foundation$50,000
ChildServe Inc$50,000
Greater Des Moines Botanical Garden$50,000
Iowa State University Foundation$50,000
Homes of Oakridge Human Services$40,000
Autism Society of America$35,000
Des Moines Area Religious Council$30,000
American Online Giving Foundation$29,933
Ellipsis$25,950
Des Moines Symphony Association$25,000
02The need
03

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.

show:

Your human-services grants (FY20–25, $789k) land where the poverty rate runs at 10%, against an area that typically sits at 10%. 98% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.

area typical 10%Cristo Rey Community Center: $200 → 9%Families Helping Families of Iowa: $5k → 9%Community Hand Up: $5k → 5%Children's Friend: $1k → 14%Des Moines Refugee Support: $5k → 6%Kansas Children's Service League: $500 → 16%Community Hand Up: $3k → 5%On With Life Foundation: $95k → 10%On With Life Foundation: $50k → 10%On With Life Foundation: $35k → 10%On With Life Foundation: $35k → 10%Des Moines Area Religious Council: $25k → 10%On With Life Foundation: $35k → 10%Des Moines Area Religious Council: $25k → 10%On With Life Foundation: $10k → 10%Des Moines Area Religious Council: $25k → 10%Homes of Oakridge Human Services: $40k → 10%Homes of Oakridge Human Services: $40k → 10%Homes of Oakridge Human Services: $35k → 10%Homes of Oakridge Human Services: $35k → 10%Homes of Oakridge Human Services: $30k → 10%Des Moines Area Religious Council: $30k → 10%Homes of Oakridge Human Services: $30k → 10%Children and Families of Iowa: $20k → 10%Children and Families of Iowa: $20k → 10%Children and Families of Iowa: $15k → 10%Children and Families of Iowa: $15k → 10%Des Moines Council of St Vincent de Paul Society: $5k → 10%American Red Cross: $25k → 10%American Red Cross: $5k → 10%American Red Cross: $3k → 10%Des Moines Area Religious Council: $35k → 10%Des Moines Area Religious Council: $20k → 10%Des Moines Refugee Support: $3k → 10%SCKIC Inc: $15k → 10%SCKIC Inc: $8k → 10%SCKIC Inc: $5k → 10%SCKIC Inc: $3k → 10%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount

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

ME
NH
WA
ID
ND
MN
IL
WI
MI
NY
MA
SD
IA
IN
OH
PA
NJ
CT
RI
CA
CO
NE
MO
KY
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
AL
GA
TX
FL

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.

03Your edge
repeat funding

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.

95%of every dollar goes to organizations you’ve funded before.
$8.8M · 135 repeat orgs$485k to everyone else

And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +8% since the first grant, against +6% for the ones you funded once.

135 repeat relationships — 93 still active in FY2025, 42 since wound down; 5 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

135
87

Total granted

$8.8M
$422k

Median revenue growth · since first grant

+8%
+6%

Still filing today

92%
52%

New vs renewed · share of each year

In FY2025, 96% of grant dollars renewed an existing relationship; $63k went to new ones.

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

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

’20’21’22’23’24’25
PhilanthropyArts & CultureHealthHuman ServicesEducationFood & NutritionOther

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

  • OP
    ORCHARD PLACE
    6× · 2020–2025 · $594k · revenue +13%
  • DM
    DES MOINES PERFORMING ARTS
    5× · 2021–2025 · $500k · revenue +395%
  • Feeding America
    2× · 2020–2023 · $476k · revenue +40%

Funded once

  • IS
    IOWA SOCCER DEVELOPMENT FOUNDATION INC
    one grant, 2021 · $50k · revenue -94%
  • YE
    YOUTH EMERGENCY SERVICES & SHELTER OF IOWA
    one grant, 2020 · $33k · revenue -97%
  • HA
    HARVEST ACADEMY
    one grant, 2024 · $25k · revenue 0%

Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.

04Your field

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.

1
United Way of North Central Iowa

Seeking to build a stronger, more caring community by forming partnerships with businesses, community experts, education & health & human service agencies to achieve targeted outcomes & sustained changes in community conditions which will…

Philanthropy
2
Common Good Iowa

Common good iowa engages iowans to create and advocate for research-based public policy that makes life better and more equitable for all who make iowa home.

—
3
United Way of Clinton County Iowa

To provide leadership in our communities to 1) identify our most pressing human care needs, 2) to work together to direct the time, energy and resources towards addressing those needs to improve our quality of life.

—
4
Iowa City Area Chamber of Commerce

Our mission is to inspire the iowa city area to be greater by: 1) elevating business, 2) investing in strategic initiatives, and 3) advocating for the economic resiliency of the greater community.

—
5
Iowa Credit Union Foundation

Founded in 1995 as the philanthropic arm of the iowa credit union league and guided by the credit union philosophy of "people helping people", the iowa credit union foundation (the foundation) works to champion financial well-being for…

Unclassified
6
United Way of Ne Minnesota

United way of northeastern minnesota invests in nonprofits, programs, and collaborations that equip and empower, creating opportunities for people to thrive in our communities.

—
7
United Way of Central Ohio Inc

United way of central ohio is the local organization that harnesses the power of communities working together - people, nonprofits, businesses and government - to create a stronger, more equitable central ohio. see schedule o.we do this…

Philanthropy
8
United Way of Muscatine Iowa

Improve lives by mobilizing the caring power of the muscatine community to advance the common good.

—
9
Central Indiana Corporate Partnership Inc

Central indiana corporate partnership (cicp) is an alliance of indiana's business and research university leaders coming together to foster long-term prosperity for the region. cicp's mission is to transform the economy of indiana in order…

Community Improvement
10
Mid-Iowa Community Action Inc

Mica helps families experencing poverty meet their needs, build on their strengths, and achieve their goals.

Community Improvement
11
United Way of the Midlands

United way connects people and resources to improve the quality of life in the midlands. united way invests in a broad range of community programs that increase access to health care, improve student success, assist people in crisis to…

Philanthropy
12
Midwest Dairy Association

Midwest dairy works with others to give consumers an excellent dairy experience increasing sales, fostering innovation, and inspiring consumer confidence of dairy products and practices.

—

For reference, the grantee most central to the portfolio’s shape is United Way of Central Iowa and the most unlike its peers is Ima Foundation. 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.

← shrinkinggrowing →↓ leaning in → pulling backsteadyAffordable Housing Construc…Local History MuseumsChild Abuse Advocacy Servic…Health Access Advocacy and …Cancer Support ServicesImmigrant Worker SupportDance Arts OrganizationsAnimal Rescue and ShelterAffordable Housing Developm…Community College Foundatio…Developmental Disabilities …Elementary Literacy TutoringYouth Sports ProgramsIndependent K-12 SchoolsSchool Parent OrganizationsMilitary Veterans SupportCommunity FoundationsSenior Support ServicesPolicy Research and AdvocacyOrchestra and Ensemble Perf…Community Arts CentersCommunity FoundationsUnited Way AffiliatesFood Banks and PantriesEnvironmental Conservation …
the sector your giving your giving is ahead of the sector the sector’s ahead of you· dot size = how much the theme matters to each side
Ordered by the change in your giving — leaning in on top, pulling back at the bottom. The bar between the two dots is how out of step you are with the sector. Hover any row for detail.

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 42 years old; the field is 38. You back the established end — and your money leans older still.

THE FIELDby orgYOUR GRANTEESby number13%1%<5yr9%5%5–10yr14%16%10–20yr12%20%20–35yr14%22%35–55yr39%36%55yr+
THE FIELDby orgYOUR MONEYby value13%0%<5yr9%1%5–10yr14%5%10–20yr12%30%20–35yr14%30%35–55yr39%33%55yr+

The field is 13% startups (under 5 years old) — 1% of your grantees by number, and just 0% of your money.

Closures · last 5 years

The orgs you fund almost never close — 0.5% lost their exemption, against 6% of the field you don’t fund.

orgs you fund
0.5%1/190
the rest of the field
6%
1,703/29,015

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.

04the grantee network

179 grantees tracked through their own filings, 2017–2025.

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 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 179 of the 232 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.

1
Load-bearing (≥25% of a budget)
22
Early backer (in before they grew)
177/179
Grantees still filing
108/179
Grew since you first funded

Where your money sits — by cause, then by grantee

UNITED WAY OF CENTRAL IOWA — $903,943 · OtherUNITED WAY OF CENTRAL IOWAAutism Society of America — $175,000 · OtherTHE YOUNG MENS CHRISTIAN ASSOCIATION OF GREATER DES MOINES — $166,000 · OtherIOWA STATE UNIVERSITY FOUNDATION — $207,500 · OtherUNIVERSITY OF NORTHERN IOWA FOUNDATION — $200,000 · OtherGREATER DES MOINES HABITAT FOR HUMANITY INC — $235,000 · OtherGREATER DES MOINES HABITAT FOR HUMANITY INC+133 more — $2,278,869 · Other+133 moreDES MOINES SYMPHONY ASSOCIATION — $205,000 · Arts & CultureDES MOINES SYM…HOYT SHERMAN PLACE FOUNDATION — $200,000 · Arts & CultureHOYT SHERMAN P…SALISBURY HOUSE FOUNDATION — $175,000 · Arts & CultureSALISBURY HOUS…IOWA HISTORICAL FOUNDATION — $125,000 · Arts & CultureIOWA HISTORICA…LIVING HISTORY FARMS FOUNDATION — $100,000 · Arts & CultureLIVING HISTORY…SCIENCE CENTER OF IOWA — $100,000 · Arts & CultureSCIENCE CENTER…CULTUREALL INC — $80,000 · Arts & CultureCULTUREALL INCDES MOINES COMMUNITY PLAYHOUSE — $62,500 · Arts & Culture+11 more — $173,600 · Arts & Culture+11 moreON WITH LIFE FOUNDATION — $260,000 · Human ServicesON WITH LIFE…HOPE MINISTRIES — $255,000 · Human ServicesHOPE MINISTR…HOMES OF OAKRIDGE HUMAN SERVICES — $210,000 · Human ServicesHOMES OF OAK…DES MOINES AREA RELIGIOUS COUNCIL — $160,000 · Human ServicesDES MOINES A…CHILDREN AND FAMILIES OF IOWA — $70,000 · Human ServicesCHILDREN AND…+7 more — $88,500 · Human Services+7 moreGREAT OUTDOORS FOUNDATION — $804,490 · AnimalsGREAT OUTD…BLANK PARK ZOO FOUNDATION INC — $50,000 · AnimalsBLANK PARK…+1 more — $1,000 · AnimalsORCHARD PLACE — $593,750 · HealthORCHARD P…ELLIPSIS INC — $80,950 · HealthELLIPSIS …IOWA HEALTH FOUNDATION — $41,000 · Health+11 more — $99,000 · Health+11 moreDES MOINES PERFORMING ARTS — $500,000 · Community ImprovementIOWA CENTER FOR ECONOMIC SUCCESS — $95,000 · Community ImprovementIOWA SOCCER DEVELOPMENT FOUNDATION INC — $50,000 · Community Improvement+3 more — $24,000 · Community ImprovementFeeding America — $475,750 · Food & NutritionFOOD BANK OF IOWA — $74,000 · Food & NutritionKNOCK AND DROP IOWA — $22,500 · Food & Nutrition+4 more — $38,312 · Food & Nutrition
Other$4,166,312Arts & Culture$1,221,100Human Services$1,043,500Animals$855,490Health$814,700Community Improvement$669,000Food & Nutrition$610,562

Showing your 200 largest grantees by grant value.

Each org by its size and your share of it — top-left is where you’re load-bearing

25%50%75%100%$10k$100k$1.0M$10M$100Mgrantee revenue →↑ your share of their budgetUNITED WAY OF CENTRAL IOWA — $903,943 over 6y, 0.7% of budgetGREAT OUTDOORS FOUNDATION — $804,490 over 6y, 5.5% of budgetORCHARD PLACE — $593,750 over 6y, 0.8% of budgetDES MOINES PERFORMING ARTS — $500,000 over 5y, 1.4% of budgetFeeding America — $475,750 over 2y, 0.0% of budgetON WITH LIFE FOUNDATION — $260,000 over 6y, 3.9% of budgetHOPE MINISTRIES — $255,000 over 6y, 0.5% of budgetGREATER DES MOINES HABITAT FOR HUMANITY INC — $235,000 over 4y, 0.6% of budgetHOMES OF OAKRIDGE HUMAN SERVICES — $210,000 over 6y, 1.1% of budgetIOWA STATE UNIVERSITY FOUNDATION — $207,500 over 4y, 0.0% of budgetDES MOINES SYMPHONY ASSOCIATION — $205,000 over 6y, 1.9% of budgetHOYT SHERMAN PLACE FOUNDATION — $200,000 over 3y, 1.4% of budgetUNIVERSITY OF NORTHERN IOWA FOUNDATION — $200,000 over 4y, 0.1% of budgetSALISBURY HOUSE FOUNDATION — $175,000 over 5y, 6.6% of budgetTHE YOUNG MENS CHRISTIAN ASSOCIATION OF GREATER DES MOINES — $166,000 over 4y, 0.4% of budgetDES MOINES AREA RELIGIOUS COUNCIL — $160,000 over 6y, 0.8% of budgetIOWA COLLEGE FOUNDATION — $132,250 over 4y, 2.3% of budgetIOWA HISTORICAL FOUNDATION — $125,000 over 3y, 20% of budgetVARIETY - THE CHILDREN'S CHARITY OF IOWA — $125,000 over 6y, 0.5% of budgetDRAKE UNIVERSITY — $120,000 over 5y, 0.0% of budgetLIVING HISTORY FARMS FOUNDATION — $100,000 over 5y, 1.0% of budgetCHILDSERVE INC — $100,000 over 2y, 0.3% of budgetGREATER DES MOINES BOTANICAL GARDEN — $100,000 over 2y, 1.1% of budgetSCIENCE CENTER OF IOWA — $100,000 over 2y, 0.8% of budgetIOWA CENTER FOR ECONOMIC SUCCESS — $95,000 over 3y, 5.0% of budgetBY DEGREES FOUNDATION — $95,000 over 5y, 2.9% of budgetUNITED WAY OF THE PLAINS INC — $94,226 over 6y, 0.2% of budgetELLIPSIS INC — $80,950 over 4y, 0.3% of budgetCULTUREALL INC — $80,000 over 5y, 3.9% of budgetBIG BROTHERS BIG SISTERS OF CENTRAL IOWA — $75,000 over 5y, 2.4% of budgetIOWA ASSOCIATION OF BUSINESS AND INDUSTRY FOUNDATION — $75,000 over 5y, 4.6% of budgetFOOD BANK OF IOWA — $74,000 over 6y, 0.0% of budgetCHILDREN AND FAMILIES OF IOWA — $70,000 over 4y, 0.1% of budgetDES MOINES COMMUNITY PLAYHOUSE — $62,500 over 5y, 1.0% of budgetPOLK COUNTY HOUSING TRUST FUND — $56,000 over 6y, 0.3% of budgetAMERICAN ONLINE GIVING FOUNDATION INC — $50,000 over 1y, 0.0% of budgetBLANK PARK ZOO FOUNDATION INC — $50,000 over 1y, 0.4% of budgetIOWA SOCCER DEVELOPMENT FOUNDATION INC — $50,000 over 1y, 1.3% of budgetJAMES B MORRIS SCHOLARSHIP FUND INC — $47,500 over 5y, 24% of budgetJUNIOR ACHIEVEMENT OF CENTRAL IOWA INC — $45,000 over 6y, 1.0% of budgetIOWA HEALTH FOUNDATION — $41,000 over 5y, 0.1% of budgetEdmundson Art Foundation Inc — $40,000 over 6y, 0.1% of budgetDES MOINES METRO OPERA INC — $40,000 over 3y, 0.4% of budgetSLEEP IN HEAVENLY PEACE INC — $37,232 over 3y, 0.4% of budgetVALLEY OF THE SUN UNITED WAY — $37,112 over 6y, 0.0% of budgetMID-IOWA COUNCIL OF BOY SCOUTS OF AMERICA INC — $35,000 over 5y, 0.5% of budgetYOUTH EMERGENCY SERVICES & SHELTER OF IOWA — $32,898 over 1y, 0.5% of budgetCIVIC MUSIC ASSOCIATION DES MOINES — $32,600 over 4y, 2.1% of budget
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.

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.

Prairie Meadows Race …Community Fdn of Grea…The Merchants Bonding…The West Bancorporati…Ita Group FoundationMeredith Corporation …Golf Charitable Found…United Way of Central…Variety - the Childre…Lsb FoundationWt and Edna M Dahl Tr…GreenState Credit Uni…
Prairie Meadows Race Track and Casino IncIA117.9× affinity63 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Prairie Meadows Race Track and Casino Inc · Community Fdn of Greater Des Moines F/K/A Greater Des Moines Community Fdn · The Merchants Bonding Company Foundation · The West Bancorporation Foundation Inc · Ita Group Foundation · Meredith Corporation Foundation · Golf Charitable Foundation of Greater Des Moines · United Way of Central Iowa · Variety - the Children's Charity of Iowa · Lsb Foundation · Wt and Edna M Dahl Trust · GreenState Credit Union

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 EMC Insurance 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.

2024
’20’21’22’23’24’25
no gov · 40%2%8%17%30%your share of their income ↑0%25%50%75%100%share of the org’s income from government →median 3%
  • United Way of Greater New Haven Inc — 42% of income from government
  • United Way of Northern New Jersey Inc — 3% of income from government
  • United Way Suncoast Inc — 1% of income from government
no gov moneyreceives it· size = income
4get no government money at all
53report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25

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.

05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to EMC Insurance Foundation?

Find your warmest path to EMC Insurance Foundation 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 directly from IRS e-file XML — your own 990/990-PF and the multi-year returns of the 232 grantees we resolved across every year we hold, several hundred filings in all (a different count from the grant rows on the cover, which are one fiscal year)— each linked to its source. Grantee achievements and outcomes are each organization’s own program-service reporting (Form 990, Part III); we read these as association with sustained funding — the foundation is one of several forces — suppress low-confidence name matches rather than guess, and say so where a figure rests on a single grant or filing. Not everything on this page is a filed figure, and the difference matters. Filed is what you reported on your 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. How we build these →

Generated from your IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12–24 months behind; figures are dated accordingly.

Source object · view filing

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