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Flagstar Foundation Inc at a glanceAlso receives grants: funding profile →

· Private foundation

Flagstar Foundation Inc

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.

$3.0M
Granted FY2025still arriving
109
Grants FY2025still arriving
11
States reached
$100k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0198% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2025.

Community Improvement$6.7MHuman Services$2.1MArts & Culture$2.0MPhilanthropy$1.3MEmployment$1.3MHousing & Shelter$1.2MHealth$1.1MYouth Development$808kOther$0
02FY2025 · 109 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • $10k–50k93 grants · $2.1M
  • $50k–250k16 grants · $875k
$25,000
Median grant
11
States reached
$16M
Total assets
Largest grants
RecipientAmount
COMMUNITY FOUNDATION FOR SE MI$100,000
ENTERPRISE COMMUNITY PARTNERS INC$75,000
FAMILY SERVICE LEAGUE INC$50,000
PAL-O-MINE EQUESTRAIN INC$50,000
ACCOUNTING AID SOCIETY$50,000
ARIVA INC$50,000
EL NIDO FAMILY CENTERS$50,000
CHINESE AMERICAN PLANNING COUNCIL INC$50,000
NPOWER INC$50,000
BIRCH FAMILY SERVICES$50,000
HISPANIC UNITY OF FLORIDA INC$50,000
UNITED WAY OF LONG ISLAND$50,000
NICHOLAS CENTER LTD$50,000
OSBORNE ASSOCAITION INC$50,000
NEW YORK CITY EMPLOYEMENT$50,000
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 (FY19–25, $1.9M) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 69% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%ARIVA INC: $50k → 28%ARC OF ESSEX COUNTY INC: $25k → 10%WOMENRISING INC: $25k → 14%SELF-HELP FOR THE ELDERLY: $25k → 10%ARIVA INC: $50k → 28%WOMEN RISING: $25k → 14%COMMUNITY ACCESS CENTER INC: $25k → 13%THE ARC OF ESSEX COUNTY INC: $25k → 16%FAMILY AND CHILDRENS ASSOCIATION: $25k → 6%SAMUEL FIELD YM & YWHA INC (Commonpoint Queens): $25k → 13%COMMUNITY ACCESS CENTER INC: $25k → 13%ACCESS CALIFORNIA SERVICES: $25k → 10%COMMON POINT NY: $25k → 13%COMMUNITY ACCESS CENTER INC: $25k → 13%CHILD INTERNATIONAL: $25k → 10%CHILD INTERNATIONAL: $25k → 10%FAMILY & CHILDREN ASSOCIATION: $25k → 6%PATHWAYS OF PROSPERITY INC: $25k → 11%DELIVERING GOOD INC: $25k → 17%PATHWAYS OF PROSPERITY INC: $25k → 11%COMMUNITY ACTION AGENCY: $25k → 13%New Hope Village Inc: $25k → 14%New Hope Village: $25k → 14%BIRCH FAMILY SERVICES: $50k → 17%BIRCH FAMILY SERVICES INC: $25k → 17%MERGE OPPORTUNITIES INC: $25k → 14%FAMILY SERVICE LEAGUE INC: $50k → 7%MERGE OPPORTUNITES: $25k → 14%FAMILY SERVICE LEAGUE INC: $25k → 7%AMERICAN CORPORATE PARTNERS: $40k → 17%THEA BOWMAN CENTER: $25k → 17%PAL-O-MINE EQUESTRAIN INC: $50k → 7%PAL-O-MINE EQUESTRIAN INC: $25k → 7%THEA BOWMAN CENTER: $25k → 17%Living and Learning Enrichment Center: $25k → 8%CHINESE AMERICAN PLANNING COUNCIL INC: $50k → 17%CHINESE AMERICAN PLANNING COUNCIL INC: $25k → 17%AMERICAN CORPORATE PARTNERS: $25k → 17%SAMRITAS: $25k → 21%NEAR WEST SIDE MULTI SERVICE CORP: $25k → 17%Jackson YMCA: $25k → 13%SAMARITAS: $25k → 21%Dutton Farm: $40k → 8%DUTTON FARM INC: $25k → 8%DUTTON FARM INC: $25k → 8%Dutton Farm: $25k → 8%STAND WITH TRANS: $25k → 8%Covenant House of Michigan: $25k → 21%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

WA
ID
MT
IL
WI
MI
NY
MA
OR
NV
IN
OH
PA
NJ
CT
CA
CO
VA
MD
AZ
DC
GA
TX
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.

77%of every dollar goes to organizations it has funded before.
$14M · 220 repeat orgs$4.2M to everyone else

Grantees it renews have grown median revenue +11% since the first grant, against +10% for those funded once.

220 repeat relationships: 88 still active in FY2025, 132 since wound down; 20 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

220
314

Total granted

$14M
$3.6M

Median revenue growth · since first grant

+11%
+10%

Still filing today

82%
60%

New vs renewed · share of each year

In FY2025, 81% of grant dollars renewed an existing relationship; $570k went to new ones.

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

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

’19’20’21’22’23’24’25
Human ServicesArts & CultureHousing & ShelterHealthEducationCommunity ImprovementOther
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

  • LOCAL INITIATIVES SUPPORT CORPORATION
    3× · 2019–2023 · $1.5M · revenue +80%
  • AC
    AMERICA'S CHARITIES
    3× · 2020–2025 · $230k · revenue +14%
  • SE
    SME EDUCATION FOUNDATION
    2× · 2020–2021 · $200k · revenue +190%

Funded once

  • SA
    STRATEGIC ALLIANCE COMMUNITY DEV CO
    one grant, 2021 · $1.0M
  • CE
    COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF MICHIGANgraduated
    one grant, 2024 · $50k · revenue +86%
  • NY
    NEW YORK CITY EMPLOYMENT AND TRAINING COALITION INC
    one grant, 2024 · $50k
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
Community & Home Supports Inc

Community & home supports, inc. was founded to help people and communities address poverty and homelessness. we strive to fulfill our purpose by developing, leading, and participating in collaborative and innovative efforts that support…

Human Services
2
Urban League of Detroit and Southeastern Michigan

To enable african americans and people in need to reach their full human potential

—
3
Ywca West Central Michigan

The mission of the ywca west central michigan is dedicated to eliminating racism, empowering women and girls, and promoting peace, justice, freedom, and dignity for all.

Human Services
4
Marrakech Inc

Provides person-centered and inclusive services to children and adults with and without disabilities that includes securing employment, connecting to necessary supportive services, accessing housing and participating fully as contributing…

Employment
5
United Community Housing Coalition

To help low-income residents in detroit and wayne county stay in their homes and strengthen their communities, through representation, support, and ownership. we believe that having a place to live is a basic human right, and are…

Housing & Shelter
6
Mid Michigan Community Action Agency Inc

Mid michigan community action guides local residents on the path to self-sufficiency through empowerment, education and community enrichment.

—
7
Washtenaw Housing Alliance

The mission of the washtenaw housing alliance is to end homelessness in our community.

Housing & Shelter
8
Care of Southeastern Michigan

To strengthen resiliency in people and their communities through prevention, education, and services that improve the quality of life

Health
9
Goodwill Industries of Central Michigan's Heartland Inc

Changing lives through the power of work.

Employment
10
Alternatives Inc

Alternatives, inc.'s mission is to facilitate personal development,strengthen family relationships and enhance the community's well being. serving over 3,000 youth and families annually, the organization offers a range of counseling and…

Health
11
Huron Area Center for Independence

Mission: supporting people to participate as essential members of their community.

Employment
12
Detroit Employment Solutions Corporation

The mission of desc is to cultivate local workforce talent to align with the needs of the business community through partnerships with key workforce agencies, faith- and community- based organizations, education and training institutions,…

Employment
How this is measured
The grantee most central to the portfolio’s shape is Alternatives for Girls; the most unlike its peers is Dar Boys & Girls Club. 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

399 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. 399 of the 560 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)
86
Early backer (in before they grew)
387/399
Grantees still filing
238/399
Grew since first funded

Where the money sits, by cause and then by grantee

INVEST DETROIT FOUNDATION: $2,500,000 · Community ImprovementINVEST DETROIT FOUNDATIONLOCAL INITIATIVES SUPPORT CORPORATION: $1,500,000 · Community ImprovementLOCAL INITIATIVES SUPPORT CORPORATIONSTRATEGIC ALLIANCE COMMUNITY DEV CO: $1,000,000 · Community ImprovementSTRATEGIC ALLIANCE COMMUNITY DEV CO+8 more: $555,000 · Community Improvement+8 moreLocal Initiatives Support Corporation (LISC) Detroit Program: $1,000,000 · OtherLocal Initiatives Support Corporation (…AMERICA'S CHARITIES: $230,000 · Other+100 more: $4,476,900 · Other+100 moreDUTTON FARM: $140,000 · Human ServicesDUTTON FARMARIVA INC: $100,000 · Human ServicesARIVA INCPAL-O-MINE EQUESTRIAN INC: $75,000 · Human ServicesFAMILY SERVICE LEAGUE INC: $75,000 · Human ServicesCOMMUNITY ACCESS CENTER INC: $75,000 · Human ServicesCHINESE-AMERICAN PLANNING COUNCIL INC: $75,000 · Human ServicesBIRCH FAMILY SERVICES INC: $75,000 · Human ServicesAMERICAN CORPORATE PARTNERS: $65,000 · Human ServicesSERVICES TO ENHANCE POTENTIAL: $61,500 · Human Services+24 more: $910,000 · Human Services+24 moreFORT WAYNE CIVIC THEATRE INC: $105,000 · Arts & CultureFORT WAYN…DETROIT PUBLIC THEATRE: $100,000 · Arts & CultureDETROIT P…Detroit Historical Society: $75,000 · Arts & CultureDetroit H…THE CHILDREN'S MUSEUM OF CLEVELAND: $75,000 · Arts & CultureTHE CHILD…YOUNG AT ART OF BROWARD INC: $70,000 · Arts & CultureYOUNG AT …SAUGATUCK CENTER FOR THE ARTS INC: $70,000 · Arts & CultureSAUGATUCK…Jackson School of the Arts Assoc: $70,000 · Arts & CultureJackson S…THE BROADWAY LEAGUE FOUNDATION INC: $60,000 · Arts & CultureINSIDEOUT LITERARY ARTS PROJECT: $55,000 · Arts & CultureCHAMBER MUSIC DETROIT: $55,000 · Arts & CultureCITY ACCESS NEW YORK INC: $50,000 · Arts & CultureSPACES: $50,000 · Arts & CultureTHE NOBLE MARITIME COLLECTION: $50,000 · Arts & CultureQUEENS THEATRE IN THE PARK INC: $50,000 · Arts & CultureST GEORGE THEATRE RESTORATION INC: $50,000 · Arts & CultureMONMOUTH COUNTY ARTS COUNCIL INC: $50,000 · Arts & CultureHERSTORY WRITERS NETWORK INC: $45,000 · Arts & Culture+7 more: $208,395 · Arts & Culture+7 moreCOMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN: $500,000 · PhilanthropyUNITED WAY OF SOUTH CENTRAL MICHIGAN: $85,000 · PhilanthropyNICHOLAS CENTER LTD: $75,000 · PhilanthropyUNITED WAY OF CENTRAL JERSEY INC: $50,000 · PhilanthropyUNITED WAY OF ESSEX & WEST HUDSON D/B/A UNITED WAY OF GREATER NEWARK: $50,000 · PhilanthropyTHE HONEYWELL FOUNDATION INC: $45,000 · PhilanthropyUNITED WAY OF ALLEN COUNTY INC: $40,000 · Philanthropy+4 more: $110,000 · PhilanthropySME EDUCATION FOUNDATION: $200,000 · EducationWINNING FUTURES: $100,000 · EducationEDEN II SCHOOL FOR AUTISTIC CHILDREN: $50,000 · Education3 Ds AFTERCARE INC: $45,000 · EducationSEEDS FOR AUTISM: $45,000 · EducationDETROIT PUBLIC SCHOOLS FOUNDATION: $30,000 · EducationUNIVERSITY OF WISCONSIN - GREEN BAY FOUNDATION INC: $30,000 · EducationINTERNATIONAL TRADE EDUCATION PROGRAMS INC DBA EXP: $30,000 · EducationTHE NORTHERN MICHIGAN UNIVERSITY FOUNDATION: $30,000 · EducationNat King Cole Generation Hope Inc: $25,000 · EducationCENTER FOR INDEPENDENT LIVING OF BROWARD INC: $75,000 · Housing & ShelterNEW DEVELOPMENT CORPORATION: $65,000 · Housing & ShelterDevota Advocacy Services: $65,000 · Housing & ShelterTHE DOE FUND INC: $50,000 · Housing & ShelterMiami Rescue Mission Inc: $50,000 · Housing & ShelterHousing Partnership Inc: $50,000 · Housing & ShelterRosies House A Music Academy for Children Inc: $45,000 · Housing & ShelterALTERNATIVES FOR GIRLS: $40,000 · Housing & ShelterZELIE'S HOME: $25,000 · Housing & Shelter
Community Improvement$5,555,000Other$5,706,900Human Services$1,651,500Arts & Culture$1,288,395Philanthropy$955,000Education$585,000Housing & Shelter$465,000

Showing the 200 largest grantees by grant value.

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 budgetINVEST DETROIT FOUNDATION: $2,500,000 over 5y, 3.9% of budgetLOCAL INITIATIVES SUPPORT CORPORATION: $1,500,000 over 3y, 0.3% of budgetCOMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN: $500,000 over 5y, 0.1% of budgetAMERICA'S CHARITIES: $230,000 over 3y, 0.3% of budgetSME EDUCATION FOUNDATION: $200,000 over 2y, 3.6% of budgetENTERPRISE COMMUNITY PARTNERS INC: $145,000 over 3y, 0.0% of budgetDUTTON FARM: $140,000 over 7y, 2.3% of budgetHISPANIC UNITY OF FLORIDA INC: $125,000 over 3y, 0.5% of budgetAccounting Aid Society: $115,000 over 3y, 1.7% of budgetVISTA MARIA: $110,000 over 5y, 0.1% of budgetFORT WAYNE DANCE COLLECTIVE INC: $105,000 over 6y, 3.9% of budgetFORT WAYNE CIVIC THEATRE INC: $105,000 over 5y, 2.3% of budgetWINNING FUTURES: $100,000 over 5y, 1.7% of budgetARIVA INC: $100,000 over 2y, 2.3% of budgetEL NIDO FAMILY CENTERS: $100,000 over 2y, 0.3% of budgetDETROIT PUBLIC THEATRE: $100,000 over 4y, 2.9% of budgetUNITED WAY OF SOUTH CENTRAL MICHIGAN: $85,000 over 2y, 0.3% of budgetCENTER FOR HEARING AND COMMUNICATION: $76,000 over 3y, 0.4% of budgetPAL-O-MINE EQUESTRIAN INC: $75,000 over 2y, 1.3% of budgetPER SCHOLAS INC: $75,000 over 2y, 0.1% of budgetNICHOLAS CENTER LTD: $75,000 over 2y, 0.8% of budgetUNITED WAY OF LONG ISLAND: $75,000 over 2y, 0.3% of budgetWayne-Metropolitan Community Action Agency Inc: $75,000 over 4y, 0.0% of budgetFAMILY SERVICE LEAGUE INC: $75,000 over 2y, 0.0% of budgetCOMMUNITY ACCESS CENTER INC: $75,000 over 3y, 7.7% of budgetYOUNG MEN'S CHRISTIAN ASSOCIATION OF SOUTH FLORIDA INC: $75,000 over 3y, 0.0% of budgetCHINESE-AMERICAN PLANNING COUNCIL INC: $75,000 over 2y, 0.1% of budgetDetroit Historical Society: $75,000 over 3y, 1.0% of budgetCENTER FOR INDEPENDENT LIVING OF BROWARD INC: $75,000 over 3y, 0.8% of budgetTHE CHILDREN'S MUSEUM OF CLEVELAND: $75,000 over 3y, 0.9% of budgetBIRCH FAMILY SERVICES INC: $75,000 over 2y, 0.1% of budgetFORA PATHWAYS INC: $75,000 over 3y, 0.1% of budgetCROSSROADS OF MICHIGAN: $75,000 over 3y, 2.9% of budgetA NEW LEAF: $71,000 over 3y, 0.1% of budgetYOUNG AT ART OF BROWARD INC: $70,000 over 3y, 4.2% of budgetSAUGATUCK CENTER FOR THE ARTS INC: $70,000 over 4y, 0.8% of budgetNPOWER INC: $70,000 over 2y, 0.1% of budgetJackson School of the Arts Assoc: $70,000 over 3y, 2.5% of budgetAFFIRMATIONS COMMUNITY CENTER: $65,000 over 3y, 1.9% of budgetAMERICAN CORPORATE PARTNERS: $65,000 over 2y, 0.3% of budget826 MICHIGAN INC: $65,000 over 3y, 4.8% of budgetNEW DEVELOPMENT CORPORATION: $65,000 over 4y, 11% of budgetDevota Advocacy Services: $65,000 over 2y, 34% of budgetSERVICES TO ENHANCE POTENTIAL: $61,500 over 4y, 0.1% of budgetTHE CHALDEAN COMMUNITY FOUNDATION: $60,000 over 3y, 0.3% of budgetMICHIGAN COUNCIL OF WOMEN IN TECHNOLOGY FOUNDATION: $60,000 over 4y, 1.9% of budgetTHE BROADWAY LEAGUE FOUNDATION INC: $60,000 over 2y, 1.3% of budgetLogan Community Resources Inc: $60,000 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.

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.

DTE Energy FoundationCommunity Foundation …The Skillman Foundati…United Way for Southe…Ford PhilanthropyComerica Charitable F…Consumers Energy Foun…English-Bonter-Mitche…Children's Hospital o…Edward M Wilson Found…The Kresge Foundation1st Source Bank Found…
DTE Energy FoundationMI75.8× affinity60 shared granteesties to 9 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: DTE Energy Foundation · Community Foundation for Southeast Michigan · The Skillman Foundation · United Way for Southeastern Michigan · Ford Philanthropy · Comerica Charitable Foundation · Consumers Energy Foundation · English-Bonter-Mitchell Fdn · Children's Hospital of Michigan Foundation · Edward M Wilson Foundation · The Kresge Foundation · 1st Source Bank Foundation Inc Xxx-Xx-Xxxx

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 Flagstar Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Flagstar Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 40%5%19%42%75%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 2%
  • Women Rising Inc: 59% of income from government
  • Enterprise Community Partners Inc: 22% of income from government
  • Newark Arts Council: 16% of income from government
  • Ywca of Eastern Union County Inc: 8% of income from government
  • United Way of Central Jersey Inc: 3% of income from government
  • United Way of Essex & West Hudson D/B/a United Way of Greater Newark: 2% of income from government
  • Metropolitan Young Men's Christian Association of the Oranges Inc: 2% of income from government
  • The Arc of Essex County Inc: 1% of income from government
  • Hispanic Unity of Florida Inc: 1% of income from government
  • Community Access Center Inc: 0% of income from government
  • Housing Partnership Inc: 0% of income from government
no gov moneyreceives it· size = income
4get no government money at all
81report government grants on their 990 we could not trace to a source (not plotted)
1rely 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 560 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 Flagstar’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