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First Cornerstone Foundation Inc-Ima at a glance

· Private foundation

First Cornerstone Foundation Inc-Ima

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$416k
Granted FY2025still arriving
60
Grants FY2025still arriving
12
States reached
$18k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0190% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2025.

Health$595kHuman Services$243kEnvironment$240kHousing & Shelter$200kEducation$183kArts & Culture$149kFood & Nutrition$102kPhilanthropy$90kOther$0
02FY2025 · 60 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k41 grants · $188k
  • $10k–50k19 grants · $228k
$5,000
Median grant
12
States reached
$7.7M
Total assets
Largest grants
RecipientAmount
MONTANA LAND RELIANCE$18,000
CHESTER COUNTY FOOD BANK$15,000
CHESTER COUNTY HOSPITAL FOUNDATION$15,000
KIEVE WAVUS EDUCATION INC$15,000
PETERS PLACE$15,000
Individual grant recipient$15,000
COMMUNITY VOLUNTEERS IN MEDICINE$15,000
PROJECT HOME$10,000
BEARTOOTH HOSPITAL AND HEALTH CENTER$10,000
BRIDGE OF HOPE$10,000
Individual grant recipient$10,000
FRIENDS ASSOCIATION$10,000
GALLATIN VALLEY LAND TRUST$10,000
BRANDYWINE CONSERVANCY$10,000
THE CENTER FOR EARLY EDUCATION$10,000
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 (FY21–25, $346k) land where the poverty rate runs at 9%, against an area that typically sits at 11%. 16% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 11%OPEN HEARTH: $10k → 6%PROJECT HOME: $15k → 22%SAFE HARBOR: $5k → 9%KIEVE WAVUS EDUCATION INC: $24k → 9%OPEN HEARTH: $10k → 6%PROJECT HOME: $10k → 22%SAFE HARBOR: $5k → 9%KIEVE WAVUS EDUCATION INC: $19k → 9%OPEN HEARTH: $5k → 6%PROJECT HOME: $10k → 22%SAFE HARBOR: $5k → 9%KIEVEWAVUS EDUCATION INC: $19k → 9%OPEN HEARTH: $5k → 6%PROJECT HOME: $10k → 22%SAFE HARBOR: $5k → 9%KIEVE WAVUS EDUCATION INC: $15k → 9%OPEN HEARTH: $5k → 6%PROJECT HOME: $10k → 22%SAFE HARBOR: $5k → 9%KIEVE WAVUS EDUCATION INC: $15k → 9%BRIDGE OF HOPE: $10k → 6%BRIDGE OF HOPE: $10k → 6%BRIDGE OF HOPE: $5k → 6%LA COMUNIDAD HISPANA: $10k → 6%LA COMUNIDAD HISPANA: $5k → 6%MOMS HOUSE OF GREATER PHILADELPHIA: $3k → 6%MOM'S HOUSE OF GREATER PHILADELPHIA: $3k → 6%MOM'S HOUSE OF GREATER PHILADELPHIA: $3k → 6%MOM'S HOUSE OF GREATER PHILADELPHIA: $3k → 6%HANDICRAFTERS: $5k → 6%MOM'S HOUSE OF GREATER PHILADELPHIA: $3k → 6%HANDICRAFTERS: $5k → 6%HANDICRAFTERS: $5k → 6%HANDICRAFTERS: $5k → 6%WINGS FOR SUCCESS: $3k → 6%HANDICRAFTERS: $5k → 6%FRIENDS ASSOCIATION: $10k → 6%FRIENDS ASSOCIATION FOR THE CARE AND PRO: $10k → 6%FRIENDS ASSOCIATION: $10k → 6%FRIENDS ASSOCIATION: $10k → 6%FRIENDS ASSOCIATION FOR THE CARE AND PRO: $10k → 6%CHESTER COUNTY FUND FOR WOMEN AND GIRLS: $3k → 6%CHESTER COUNTY FUND FOR WOMEN AND GIRLS: $3k → 6%CHESTER COUNTY FUND FOR WOMEN AND GIRLS: $3k → 6%CHESTER COUNTY FUND FOR WOMEN AND GIRLS: $3k → 6%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

ME
MT
MN
IL
NY
MA
OR
WY
PA
NJ
CT
CA
CO
NE
VA
AZ
NC
DC
GA
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.

96%of every dollar goes to organizations it has funded before.
$2.1M · 82 repeat orgs$84k to everyone else

82 repeat relationships: 52 still active in FY2025, 30 since wound down; 6 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

82
21

Total granted

$2.1M
$63k

Median revenue growth · since first grant

+5%
+15%

Still filing today

62%
43%

New vs renewed · share of each year

In FY2025, 95% of grant dollars renewed an existing relationship; $21k went to new ones.

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

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

’21’22’23’24’25
HealthHuman ServicesEnvironmentEducationYouth DevelopmentArts & CultureOther
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

  • CC
    CHESTER COUNTY HOSPITAL FOUNDATION
    5× · 2021–2025 · $86k · revenue +2%
  • BC
    Brandywine Conservancy & Museum of Art
    5× · 2021–2025 · $73k · revenue +95%
  • CV
    COMMUNITY VOLUNTEERS IN MEDICINE
    5× · 2021–2025 · $70k · revenue +73%

Funded once

  • JP
    JTP PROFESSIONAL SERVICE CORPORATION
    one grant, 2023 · $5k · revenue -78%
  • NN
    NAMI Nationalgraduated
    one grant, 2022 · $5k · revenue +54%
  • IG
    Individual grant recipient
    one grant, 2022 · $5k
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
Arbor Research Collaborative for Health

Arbor research collaborative for health is committed to improving patient care through research that shapes medical policies and practice. in particular, arbor research conducts health outcomes research on chronic disease and end-stage…

Health
2
United Children's Services of Bennington County Inc

Children's services

Human Services
3
Commonwealth Care Alliance Inc

Commonwealth care alliance, inc.'s mission is to improve the health and well-being of people with significant needs by innovating, coordinating and providing the highest quality, individualized care.

Health
4
Salem Health Hospitals & Clinics

To support salem health, salem health west valley and related organizations.

—
5
Food & Water Watch

Food & water watch conducts extensive research and public education to ensure the food and water we consume is safe, accessible and sustainably produced. so we can all enjoy and trust in what we eat and drink, we help people take charge of…

Food & Nutrition
6
Healthcare Access Maryland Inc

We are making maryland healthier by connecting residents to insurance and care, educating the community about healthier living, and advocating a more equitable health care system.

Health
7
Connecticut Farmland Trust Inc

Protect Connecticuts farmland for agricultural use by purchasing and accepting donations of agricultural conservation easements

Food & Nutrition
8
Regional West Health Services

Health care services for the people of western nebraska and eastern wyoming.

Health
9
Environmental Investigation Agency

To establish and promote programs to protect the global climate, forests, wildlife and the natural environment, through research, advocacy, and investigation.

International
10
Coop Careers Inc

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

Education
11
The Vermont Community Foundation

The vermont community foundation helps to build philanthropic resources to sustain healthy and vital vermont communities. the foundation connects and mobilizes people through giving to multiply the impact of philanthropy.

Philanthropy
12
Central Maine Healthcare Corporation

To provide exceptional healthcare services in a safe and trustful environment through the expertise, committment, and compassion of our family of caregivers.

Health
How this is measured
The grantee most central to the portfolio’s shape is Maternal and Child Health Consortium of Chester County Inc; the most unlike its peers is Aspen-Abuse Support & Prevention Education Network. 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

66 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. 66 of the 111 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)
9
Early backer (in before they grew)
64/66
Grantees still filing
40/66
Grew since first funded

Where the money sits, by cause and then by grantee

Individual grant recipient: $75,000 · OtherIndividual grant recipientWESTTOWN SCHOOL: $50,000 · OtherABSAROKEE COMMUNITY FOUNDATION: $45,000 · OtherPLANNED PARENTHOOD NATIONAL: $35,000 · OtherPETER'S PLACE: $40,000 · OtherZOOLOGICAL SOCIETY OF PHILADELPHIA: $55,000 · OtherZOOLOGICAL SOCIETY OF PHILADELPHIA+61 more: $700,450 · Other+61 moreCHESTER COUNTY HOSPITAL FOUNDATION: $86,000 · HealthCHESTER COUNTY HOSP…COMMUNITY VOLUNTEERS IN MEDICINE: $70,000 · HealthCOMMUNITY VOLUNTEER…STILLWATER HOSPITAL ASSOCIATION: $45,000 · HealthSTILLWATER HOSPITAL…THE STATION FOUNDATION: $38,000 · HealthTHE STATION FOUNDAT…COATESVILLE CENTER FOR COMMUNITY HEALTH: $27,500 · HealthCOATESVILLE CENTER …THE BARN AT SPRING BROOK FARM INC: $27,500 · HealthTHE BARN AT SPRING …PAOLI MEMORIAL HOSPITAL FOUNDATION: $25,000 · HealthPAOLI MEMORIAL HOSP…MATERNAL AND CHILD HEALTH CONSORTIUM OF CHESTER COUNTY INC: $22,500 · HealthMATERNAL AND CHILD …+8 more: $46,500 · Health+8 moreKieve Wavus Education Inc: $90,530 · Human ServicesKieve Wavus Educa…PROJECT HOME: $55,000 · Human ServicesPROJECT HOMEFRIENDS ASSOCIATION FOR THE CARE AND PRO: $50,000 · Human ServicesFRIENDS ASSOCIATI…OPEN HEARTH INC: $35,000 · Human ServicesOPEN HEARTH INCBRIDGE OF HOPE INC: $25,000 · Human ServicesBRIDGE OF HOPE IN…HANDI-CRAFTERS INC: $25,000 · Human ServicesHANDI-CRAFTERS IN…SAFE HARBOR: $25,000 · Human ServicesSAFE HARBORLCH Health and Community Services: $15,000 · Human ServicesMOM'S HOUSE INC OF GREATER PHILADELPHIA: $12,500 · Human Services+2 more: $12,500 · Human ServicesTHE MONTANA LAND RELIANCE: $62,000 · EnvironmentTHE MONTA…NATIONAL NETWORK OF ABORTION FUNDS INC: $35,000 · EnvironmentNATIONAL …GALLATIN VALLEY LAND TRUST: $33,000 · EnvironmentGALLATIN …BRANDYWINE RED CLAY ALLIANCE: $20,000 · EnvironmentBRANDYWIN…Willistown Conservation Trust Inc: $17,500 · EnvironmentWillistow…GREENING YOUTH FOUNDATION INC: $10,000 · EnvironmentNATIONAL OUTDOOR LEADERSHIP SCHOOL: $10,000 · EnvironmentOUTDOOR AFRO: $7,000 · EnvironmentChurch Farm School: $40,000 · EducationTHE CENTER FOR EARLY EDUCATION: $34,000 · EducationCAMPHILL SOLTANE: $25,000 · EducationOUT TEACH: $14,000 · Education+1 more: $2,000 · EducationCHESTER COUNTY FOOD BANK: $55,000 · Food & NutritionWEST CHESTER FOOD CUPBOARD: $30,000 · Food & NutritionBrandywine Conservancy & Museum of Art: $73,000 · Arts & CultureChester County Historical Society: $6,500 · Arts & Culture
Other$1,000,450Health$388,000Human Services$345,530Environment$194,500Education$115,000Food & Nutrition$85,000Arts & Culture$79,500

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 budgetKieve Wavus Education Inc: $90,530 over 5y, 0.2% of budgetCHESTER COUNTY HOSPITAL FOUNDATION: $86,000 over 5y, 0.4% of budgetBrandywine Conservancy & Museum of Art: $73,000 over 5y, 0.1% of budgetCOMMUNITY VOLUNTEERS IN MEDICINE: $70,000 over 5y, 0.2% of budgetTHE MONTANA LAND RELIANCE: $62,000 over 5y, 0.1% of budgetPROJECT HOME: $55,000 over 5y, 0.0% of budgetZOOLOGICAL SOCIETY OF PHILADELPHIA: $55,000 over 5y, 0.0% of budgetCHESTER COUNTY FOOD BANK: $55,000 over 5y, 0.1% of budgetFRIENDS ASSOCIATION FOR THE CARE AND PRO: $50,000 over 5y, 0.4% of budgetSTILLWATER HOSPITAL ASSOCIATION: $45,000 over 5y, 0.1% of budgetChurch Farm School: $40,000 over 5y, 0.1% of budgetPETER'S PLACE: $40,000 over 5y, 1.8% of budgetTHE STATION FOUNDATION: $38,000 over 5y, 0.4% of budgetOPEN HEARTH INC: $35,000 over 5y, 0.2% of budgetNATIONAL NETWORK OF ABORTION FUNDS INC: $35,000 over 4y, 0.0% of budgetTHE CENTER FOR EARLY EDUCATION: $34,000 over 4y, 0.0% of budgetGALLATIN VALLEY LAND TRUST: $33,000 over 4y, 0.4% of budgetWEST CHESTER FOOD CUPBOARD: $30,000 over 5y, 0.2% of budgetCOATESVILLE CENTER FOR COMMUNITY HEALTH: $27,500 over 4y, 3.2% of budgetTHE BARN AT SPRING BROOK FARM INC: $27,500 over 5y, 1.6% of budgetPAOLI MEMORIAL HOSPITAL FOUNDATION: $25,000 over 5y, 0.2% of budgetRED LODGE AREA COMMUNITY FOUNDATION: $25,000 over 4y, 0.2% of budgetBRIDGE OF HOPE INC: $25,000 over 3y, 0.4% of budgetHANDI-CRAFTERS INC: $25,000 over 5y, 0.1% of budgetCAMPHILL SOLTANE: $25,000 over 5y, 0.3% of budgetNATIONAL ABORTION FEDERATION: $25,000 over 4y, 19% of budgetSAFE HARBOR: $25,000 over 5y, 0.2% of budgetHOMEBOY INDUSTRIES: $25,000 over 5y, 0.0% of budgetKENNETT LIBRARY: $22,500 over 4y, 0.3% of budgetMATERNAL AND CHILD HEALTH CONSORTIUM OF CHESTER COUNTY INC: $22,500 over 5y, 0.2% of budgetHABITAT FOR HUMANITY OF CHESTER COUNTY: $20,000 over 4y, 0.1% of budgetBRANDYWINE RED CLAY ALLIANCE: $20,000 over 4y, 0.3% of budgetChristodora Inc: $18,500 over 4y, 0.4% of budgetTHE NATURE CONSERVANCY: $18,000 over 4y, 0.0% of budgetWillistown Conservation Trust Inc: $17,500 over 4y, 0.2% of budgetLCH Health and Community Services: $15,000 over 2y, 0.1% of budgetFRESH AIR FUND: $14,500 over 4y, 0.0% of budgetOUT TEACH: $14,000 over 4y, 0.1% of budgetPHOENIXVILLE FREE CLINIC: $12,500 over 5y, 0.2% of budgetMOM'S HOUSE INC OF GREATER PHILADELPHIA: $12,500 over 5y, 0.7% of budgetCONCRETE SAFARIS INC: $12,000 over 4y, 0.5% of budgetMUSEUM OF THE ROCKIES INC: $11,000 over 5y, 0.0% of budgetTHE FUND FOR WOMEN AND GIRLS: $10,000 over 4y, 0.4% of budgetORION COMMUNITIES INC: $10,000 over 4y, 0.2% of budgetALZHEIMER'S DISEASE & RELATED DISORDERS ASSOCIATION INC: $10,000 over 2y, 0.0% of budgetGREENING YOUTH FOUNDATION INC: $10,000 over 4y, 0.0% of budgetNATIONAL OUTDOOR LEADERSHIP SCHOOL: $10,000 over 2y, 0.0% of budgetBozeman Deaconess Foundation: $9,500 over 3y, 0.1% 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 Kieve Wavus Education Inc ↗
  • Who funds CHESTER COUNTY HOSPITAL FOUNDATION ↗
  • Who funds Brandywine Conservancy & Museum of Art ↗
  • Who funds COMMUNITY VOLUNTEERS IN MEDICINE ↗
  • Who funds THE MONTANA LAND RELIANCE ↗
  • Who funds PROJECT HOME ↗
  • Who funds ZOOLOGICAL SOCIETY OF PHILADELPHIA ↗
  • Who funds CHESTER COUNTY FOOD BANK ↗
  • Who funds FRIENDS ASSOCIATION FOR THE CARE AND PRO ↗
  • Who funds STILLWATER HOSPITAL ASSOCIATION ↗
  • Who funds Church Farm School ↗
  • Who funds PETER'S PLACE ↗
  • Who funds THE STATION FOUNDATION ↗
  • Who funds OPEN HEARTH INC ↗
  • Who funds NATIONAL NETWORK OF ABORTION FUNDS INC ↗
  • Who funds THE CENTER FOR EARLY EDUCATION ↗
  • Who funds GALLATIN VALLEY LAND TRUST ↗
  • Who funds WEST CHESTER FOOD CUPBOARD ↗
  • Who funds COATESVILLE CENTER FOR COMMUNITY HEALTH ↗
  • Who funds THE BARN AT SPRING BROOK FARM INC ↗
  • Who funds PAOLI MEMORIAL HOSPITAL FOUNDATION ↗
  • Who funds RED LODGE AREA COMMUNITY FOUNDATION ↗
  • Who funds BRIDGE OF HOPE INC ↗
  • Who funds HANDI-CRAFTERS INC ↗
  • Who funds CAMPHILL SOLTANE ↗
  • Who funds NATIONAL ABORTION FEDERATION ↗
  • Who funds SAFE HARBOR ↗
  • Who funds HOMEBOY INDUSTRIES ↗

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.

Chester County Commun…Hankin FoundationThe Philadelphia Foun…United Way of Chester…Claneil Foundation IncThe Emergency Aid of …The Fund for Women an…The Dansko Foundation…The Gordon Charter Fo…Connelly FoundationMontana Community Fou…Cabot-Kjellerup Found…
Chester County Community FoundationPA48× affinity21 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Chester County Community Foundation · Hankin Foundation · The Philadelphia Foundation · United Way of Chester County Inc · Claneil Foundation Inc · The Emergency Aid of Pennsylvania Foundation Inc · The Fund for Women and Girls · The Dansko Foundation Inc · The Gordon Charter Foundation · Connelly Foundation · Montana Community Foundation Inc · Cabot-Kjellerup 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 First Cornerstone Foundation Inc-Ima funds: left to right is the share of its income from government, bottom to top the share from First Cornerstone Foundation Inc-Ima. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%1%3%6%10%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 30%
  • Save the Children Federation Inc: 30% of income from government
no gov moneyreceives it· size = income
1get no government money at all
23report 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
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 First Cornerstone Foundation Inc-Ima?

Find your warmest path to First Cornerstone Foundation Inc-Ima 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 111 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 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on First Cornerstone Foundation Inc-Ima’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