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Fisa Foundation at a glanceAlso receives grants: funding profile →

· Private foundation

Fisa Foundation

Its FY2025 filing reports that it accepted unsolicited grant applications.

$1.5M
Granted FY2025still arriving
51
Grants FY2025still arriving
3
States reached
$125k
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, FY2018 to 2025.

Health$2.7MHuman Services$2.0MEducation$1.3MPhilanthropy$1.2MCivil Rights$1.1MYouth Development$761kHousing & Shelter$733kCrime & Legal$565kOther$0
02FY2025 · 51 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k11 grants · $44k
  • $10k–50k32 grants · $903k
  • $50k–250k8 grants · $546k
$25,000
Median grant
3
States reached
$49M
Total assets
Largest grants
RecipientAmount
DISABILITY LEAD$125,000
GWEN'S GIRLS INC$75,000
KEYSTONE PROGRESS EDUCATION FUND$66,000
PENNSYLVANIA ORGANIZATION FOR WOMEN IN EARLY RECOVERY (POWER)$60,000
EDUCATION LAW CENTER$60,000
WOMEN'S CENTER & SHELTER OF GREATER PITTSBURGH$60,000
ABOLITIONIST LAW CENTER$50,000
WOMEN AND GIRLS FOUNDATION OF SOUTHWEST PENNSYLVANIA$50,000
AUTISM CONNECTION OF PA$46,350
RYAN SHAZIER FUND FOR SPINAL REHABILITATION$45,000
UNIVERSITY OF PITTSBURGH$40,000
412 JUSTICE$40,000
CASA SAN JOSE$40,000
WOMEN'S LAW PROJECT$35,000
EAST SUBURBAN CITIZEN ADVOCACY$35,000
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 (FY18–25, $2.7M) land where the poverty rate runs at 12%, against an area that typically sits at 12%. 10% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 12%BLACKBURN CENTER: $60k → 10%CASA SAN JOSE: $40k → 11%DISABILITY OPTIONS NETWORK: $25k → 13%FAYETTE COUNTY COMMUNITY ACTION AGENCY INC: $40k → 17%BLACKBURN CENTER: $60k → 10%CASA SAN JOSE: $40k → 11%TRANSITIONAL PATHS TO INDEPENDENT LIVING (TRPIL): $40k → 12%FAYETTE COUNTY COMMUNITY ACTION AGENCY INC: $40k → 17%BLACKBURN CENTER: $60k → 10%THE FRIENDSHIP CIRCLE OF PITTSBURGH: $35k → 11%FAYETTE COUNTY COMMUNITY ACTION AGENCY INC: $40k → 17%EAST SUBURBAN CITIZEN ADVOCACY: $35k → 10%THE FRIENDSHIP CIRCLE OF PITTSBURGH: $30k → 11%TRANSITIONAL PATHS TO INDEPENDENT LIVING (TRPIL): $25k → 12%CITY MISSION - LIVING STONES INC: $25k → 17%EAST SUBURBAN CITIZEN ADVOCACY: $25k → 10%SISTERS PGH: $25k → 11%CITY MISSION - LIVING STONES INC: $25k → 17%EAST SUBURBAN CITIZEN ADVOCACY: $25k → 10%THE FRIENDSHIP CIRCLE OF PITTSBURGH: $25k → 11%CITY MISSION - LIVING STONES INC: $25k → 17%EAST SUBURBAN CITIZEN ADVOCACY: $25k → 10%STRONG WOMEN STRONG GIRLS: $25k → 11%CITY MISSION - LIVING STONES INC: $25k → 17%EAST SUBURBAN CITIZEN ADVOCACY: $25k → 10%THE FRIENDSHIP CIRCLE OF PITTSBURGH: $25k → 11%EAST SUBURBAN CITIZEN ADVOCACY: $25k → 10%EAST SUBURBAN CITIZEN ADVOCACY: $25k → 10%EAST END COOPERATIVE MINISTRY: $60k → 11%EAST END COOPERATIVE MINISTRY: $60k → 11%EAST END COOPERATIVE MINISTRY: $60k → 11%EAST END COOPERATIVE MINISTRY: $60k → 11%EAST END COOPERATIVE MINISTRY: $55k → 11%EAST END COOPERATIVE MINISTRY: $40k → 11%HELLO NEIGHBOR: $30k → 11%EVOLVE COACHING: $45k → 11%EVOLVE COACHING: $40k → 11%WOMEN'S CENTER & SHELTER OF GREATER PITTSBURGH: $60k → 11%WOMEN'S CENTER & SHELTER OF GREATER PITTSBURGH: $60k → 11%WOMEN'S CENTER & SHELTER OF GREATER PITTSBURGH: $35k → 11%BETHLEHEM HAVEN: $40k → 11%BETHLEHEM HAVEN: $40k → 11%BETHLEHEM HAVEN: $40k → 11%BLIND AND VISION REHABILITATION SERVICES OF PITTSBURGH: $35k → 11%URBAN LEAGUE OF GREATER PITTSBURGH WARNER CENTER: $50k → 11%URBAN LEAGUE OF GREATER PITTSBURGH: $36k → 11%URBAN LEAGUE OF GREATER PITTSBURGH: $30k → 11%URBAN LEAGUE OF GREATER PITTSBURGH: $30k → 11%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

MN
IL
NY
OH
PA
CA
VA
MD
SC
DC
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.

89%of every dollar goes to organizations it has funded before.
$9.3M · 101 repeat orgs$1.2M to everyone else

Grantees it renews have grown median revenue +17% since the first grant, against +13% for those funded once.

101 repeat relationships: 43 still active in FY2025, 58 since wound down; 5 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

101
75

Total granted

$9.3M
$1.1M

Median revenue growth · since first grant

+17%
+13%

Still filing today

87%
61%

New vs renewed · share of each year

In FY2025, 93% of grant dollars renewed an existing relationship; $106k went to new ones.

50%100%’18’19’20’21’22’23’24’25
RenewedFirst-time

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

’18’19’20’21’22’23’24’25
Human ServicesHealthEducationArts & CultureCommunity ImprovementCivil 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

  • PO
    PENNSYLVANIA ORGANIZATION FOR WOMEN IN EARLY RECOVERY
    7× · 2019–2025 · $361k · revenue +112%
  • Education Law Center - PA
    7× · 2018–2025 · $360k · revenue +171%
  • EE
    EAST END COOPERATIVE MINISTRY
    6× · 2018–2024 · $355k · revenue +36%

Funded once

  • AC
    ALLEGHENY COUNTY DEPARTMENT OF HUMAN SERVICES
    one grant, 2022 · $50k
  • PP
    PITTSBURGH PARKS CONSERVANCY
    one grant, 2024 · $50k · revenue -10%
  • WL
    WOMEN'S LAW PROJECT - WESTERN PA OFFICE
    one grant, 2018 · $40k
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
Prevention Point Pittsburgh

To provide health empowerment services to injection drug users and prevent the spread of hiv.

Health
2
Philadelphia Works Inc

Philadelphia works, inc. develops and manages smart workforce solutions that respond to business needs and increases economic opportunity for all philadelphia residents.

Employment
3
Sustainable Pittsburgh

Provide information to decision maker in the pittsburgh region to promote economic prosperity, social equity, and environmental quality for sustainable solutions for communities and businesses.

Environment
4
The Arc of Greater Pittsburgh

The organization advocates with, empowers, and supports people with disabilities and their families throughout their lives.

Human Services
5
The Regional Opportunity Center D/B/a Vibrant Pittsburgh

Vibrant pittsburgh's mission is to accelerate the business community toward equitable, inclusive, and diverse workplaces, creating a future-forward region.

Arts & Culture
6
Pittsburgh Community Broadcasting Corporation

To create and distribute trusted content, build connections and strengthen our community through public media.

Arts & Culture
7
Philadelphia Industrial Development Corporation

Pidc plans and implements economic development initiatives (see schedule o) which enhance the competitive environment, generate jobs and produce higher tax ratables throughout philadelphia.

Community Improvement
8
Pittsburgh United

Pittsburgh United, Inc. strives to advance social & economic justice in the

Community Improvement
9
Pennsylvania Statewide Independent Living Council

To use our collective power and legal mandate to develop and secure public policies that ensure civil rights and expand options for all people with disabilities in all aspects of life.

Human Services
10
World Affairs Council of Pittsburgh

The world affairs council of pittsburgh's mission is to convene and connect people around global issues to build a competitive, thriving, and inclusive pittsburgh.

International
11
Pittsburgh Business Group On Health

An employer-led coalition that champions outcomes-based, cost-effective healthcare through education, market expertise, group purchasing, comparative data and decision support.

—
12
Center for Victims

Center for victims offers a public service in allegheny county by helping individuals, families, and communities heal from the trauma of sexual assault/abuse, intimate partner violence, community violence, and all forms of violence and…

Human Services
How this is measured
The grantee most central to the portfolio’s shape is Urban League of Greater Pittsburgh; the most unlike its peers is Aac Institute Fka International. 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

144 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. 144 of the 185 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.

4
Load-bearing (≥25% of a budget)
27
Early backer (in before they grew)
142/144
Grantees still filing
97/144
Grew since first funded

Where the money sits, by cause and then by grantee

EAST END COOPERATIVE MINISTRY: $355,000 · Human ServicesEAST END COOPERATIVE MINI…East Suburban Citizen Advocacy Inc: $185,250 · Human ServicesEast Suburban Citizen Adv…WOMEN'S CENTER AND SHELTER OF GREATER PITTSBURGH: $184,134 · Human ServicesWOMEN'S CENTER AND SHELTE…BLACKBURN CENTER INC: $180,000 · Human ServicesBLACKBURN CENTER INCTHE FRIENDSHIP CIRCLE OF PITTSBURGH INC: $160,000 · Human ServicesTHE FRIENDSHIP CIRCLE OF …URBAN LEAGUE OF GREATER PITTSBURGH: $146,000 · Human ServicesURBAN LEAGUE OF GREATER P…FAYETTE COUNTY COMMUNITY ACTION AGENCY INC: $121,000 · Human ServicesGIRLS INC OF GREATER PITTSBURGH: $120,000 · Human ServicesBETHLEHEM HAVEN OF PITTSBURGH: $120,000 · Human ServicesTRANSITIONAL PATHS TO INDEPENDENT LIVING: $102,300 · Human ServicesHELLO NEIGHBOR: $100,000 · Human ServicesCITY MISSION - LIVING STONES INC: $100,000 · Human ServicesEVOLVE COACHING INC: $95,000 · Human ServicesSISTERS PGH CORP: $90,500 · Human Services+24 more: $594,340 · Human Services+24 moreSTANDING FIRM AT WOMEN'S CENTER AND SHELTER OF GREATER PITTSBURGH: $220,000 · OtherSTANDING FIRM AT WOMEN'S CENTER A…AUTISM CONNECTION OF PA: $215,562 · OtherAUTISM CONNECTION OF PAAMERICAN CIVIL LIBERTIES UNION FOUNDATION OF PENNSYLVANIA: $125,400 · OtherSISTERS PLACE INC: $213,000 · OtherSISTERS PLACE INCALLEGHENY COUNCIL TO IMPROVE OUR NEIGHBORHOODS-HOUSING INCORPORATED: $120,000 · OtherABOLITIONIST LAW CENTER: $120,000 · Other+89 more: $2,418,833 · Other+89 morePENNSYLVANIA ORGANIZATION FOR WOMEN IN EARLY RECOVERY: $361,200 · HealthPENNSYLVANIA ORGA…PENNSYLVANIA HEALTH LAW PROJECT: $215,000 · HealthPENNSYLVANIA HEAL…ACHIEVA: $172,092 · HealthACHIEVAPLANNED PARENTHOOD OF WESTERN PA INC: $170,298 · HealthPLANNED PARENTHOO…AUTISM URBAN CONNECTIONS INC: $110,000 · HealthAUTISM URBAN CONN…THE MIDWIFE CENTER FOR BIRTH AND WOMEN'S HEALTH: $100,000 · HealthTHE MIDWIFE CENTE…Consumer Health Coalition: $100,000 · HealthConsumer Health C…SOJOURNER HOUSE INC: $90,000 · HealthCHILDREN'S HOSPITAL OF PITTSBURGH FOUNDATION: $87,582 · HealthPittsburgh Action Against Rape: $80,400 · Health+12 more: $347,500 · Health+12 moreEducation Law Center - PA: $360,400 · EducationEducation La…DISABILITY LEAD: $280,000 · EducationDISABILITY L…DUQUESNE UNIVERSITY OF THE HOLY SPIRIT: $165,000 · EducationDUQUESNE UNI…SLIPPERY ROCK UNIVERSITY FOUNDATION INC: $120,000 · EducationSLIPPERY ROC…412 JUSTICE: $85,000 · Education412 JUSTICESOCIAL GOOD FUND INC: $75,000 · EducationSOCIAL GOOD …DEPAUL SCHOOL FOR HEARING AND SPEECH: $68,000 · Education+7 more: $150,000 · Education+7 moreTHE UNITED WAY OF SOUTHWESTERN PENNSYLVANIA: $985,000 · PhilanthropyTHE UNITED…POISE FOUNDATION: $50,000 · PhilanthropyTHE PITTSBURGH PROMISE FOUNDATION: $45,000 · Philanthropy+4 more: $17,500 · PhilanthropyThe Women and Girls Foundation of Southwest Pennsylvania: $306,000 · Civil RightsWOMEN'S LAW PROJECT: $158,000 · Civil RightsKEYSTONE PROGRESS EDUCATION FUND: $132,000 · Civil RightsNEW VOICES PITTSBURGH INC: $122,500 · Civil RightsDISABILITY RIGHTS OF PENNSYLVANIA: $120,000 · Civil RightsAMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC: $85,000 · Civil RightsGwens Girls Inc: $288,375 · Youth DevelopmentRULING OUR EXPERIENCES INC: $100,375 · Youth DevelopmentINFINITE LIFESTYLE SOLUTIONS INC: $15,000 · Youth Development
Human Services$2,653,524Other$3,432,795Health$1,834,072Education$1,303,400Philanthropy$1,097,500Civil Rights$923,500Youth Development$403,750

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTHE UNITED WAY OF SOUTHWESTERN PENNSYLVANIA: $985,000 over 7y, 0.6% of budgetPENNSYLVANIA ORGANIZATION FOR WOMEN IN EARLY RECOVERY: $361,200 over 7y, 1.1% of budgetEducation Law Center - PA: $360,400 over 7y, 4.0% of budgetEAST END COOPERATIVE MINISTRY: $355,000 over 6y, 2.3% of budgetThe Women and Girls Foundation of Southwest Pennsylvania: $306,000 over 7y, 15% of budgetGwens Girls Inc: $288,375 over 7y, 2.9% of budgetDISABILITY LEAD: $280,000 over 3y, 22% of budgetAUTISM CONNECTION OF PA: $215,562 over 6y, 22% of budgetPENNSYLVANIA HEALTH LAW PROJECT: $215,000 over 4y, 4.5% of budgetSISTERS PLACE INC: $213,000 over 7y, 2.7% of budgetEast Suburban Citizen Advocacy Inc: $185,250 over 7y, 29% of budgetWOMEN'S CENTER AND SHELTER OF GREATER PITTSBURGH: $184,134 over 5y, 0.8% of budgetBLACKBURN CENTER INC: $180,000 over 3y, 2.4% of budgetACHIEVA: $172,092 over 7y, 1.4% of budgetPLANNED PARENTHOOD OF WESTERN PA INC: $170,298 over 2y, 1.8% of budgetDUQUESNE UNIVERSITY OF THE HOLY SPIRIT: $165,000 over 5y, 0.0% of budgetTHE FRIENDSHIP CIRCLE OF PITTSBURGH INC: $160,000 over 6y, 1.8% of budgetWOMEN'S LAW PROJECT: $158,000 over 5y, 2.7% of budgetURBAN LEAGUE OF GREATER PITTSBURGH: $146,000 over 4y, 0.5% of budgetKEYSTONE PROGRESS EDUCATION FUND: $132,000 over 2y, 12% of budgetNEW VOICES PITTSBURGH INC: $122,500 over 3y, 1.4% of budgetFAYETTE COUNTY COMMUNITY ACTION AGENCY INC: $121,000 over 3y, 0.4% of budgetGIRLS INC OF GREATER PITTSBURGH: $120,000 over 6y, 2.7% of budgetDISABILITY RIGHTS OF PENNSYLVANIA: $120,000 over 5y, 0.4% of budgetABOLITIONIST LAW CENTER: $120,000 over 3y, 1.8% of budgetALLEGHENY COUNCIL TO IMPROVE OUR NEIGHBORHOODS-HOUSING INCORPORATED: $120,000 over 2y, 0.4% of budgetSLIPPERY ROCK UNIVERSITY FOUNDATION INC: $120,000 over 2y, 0.9% of budgetBETHLEHEM HAVEN OF PITTSBURGH: $120,000 over 3y, 1.0% of budgetAUTISM URBAN CONNECTIONS INC: $110,000 over 5y, 19% of budgetPOINT PARK UNIVERSITY: $102,500 over 4y, 0.0% of budgetTRANSITIONAL PATHS TO INDEPENDENT LIVING: $102,300 over 5y, 3.4% of budgetRULING OUR EXPERIENCES INC: $100,375 over 4y, 2.6% of budgetTHE MIDWIFE CENTER FOR BIRTH AND WOMEN'S HEALTH: $100,000 over 4y, 0.9% of budgetConsumer Health Coalition: $100,000 over 3y, 7.7% of budgetHELLO NEIGHBOR: $100,000 over 5y, 3.5% of budgetCITY MISSION - LIVING STONES INC: $100,000 over 4y, 1.3% of budgetPittsburghers for Public Transit: $100,000 over 4y, 7.0% of budgetEVOLVE COACHING INC: $95,000 over 3y, 2.3% of budgetGREATER PITTSBURGH ARTS COUNCIL: $95,000 over 3y, 2.3% of budgetSISTERS PGH CORP: $90,500 over 4y, 6.2% of budgetSOJOURNER HOUSE INC: $90,000 over 3y, 2.2% of budgetPUBLICSOURCE: $90,000 over 4y, 2.4% of budgetCHILDREN'S HOSPITAL OF PITTSBURGH FOUNDATION: $87,582 over 3y, 0.1% of budgetAMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC: $85,000 over 3y, 0.8% of budget412 JUSTICE: $85,000 over 2y, 6.1% of budgetPittsburgh Action Against Rape: $80,400 over 6y, 1.4% of budgetVISABILITY: $80,000 over 3y, 0.8% of budgetCASA SAN JOSE: $80,000 over 2y, 1.6% 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.

Hillman Family Founda…The Pittsburgh Founda…The Heinz EndowmentsStaunton Farm Foundat…The United Way of Sou…The Grable FoundationRichard King Mellon F…Opportunity FoundationUpmc GroupJefferson Regional Fo…Eden Hall FoundationThe Buhl Foundation
Hillman Family FoundationsPA132.3× affinity78 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Hillman Family Foundations · The Pittsburgh Foundation · The Heinz Endowments · Staunton Farm Foundation 540-054 Dba Staunton Farm Foundation · The United Way of Southwestern Pennsylvania · The Grable Foundation · Richard King Mellon Foundation · Opportunity Foundation · Upmc Group · Jefferson Regional Foundation · Eden Hall Foundation · The Buhl 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 Fisa Foundation funds: left to right is the share of its income from government, bottom to top the share from Fisa Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%4%15%34%60%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    54report 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.

    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 185 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 Fisa’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