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Fordham University at a glanceAlso receives grants: funding profile →

· Public charity

Fordham University

Fordham University, the jesuit university of new york, is committed to the discovery of wisdom and the transmission of learning, through research and through education of the highest quality.

$383M
Granted FY2025still arriving
44
Grants FY2025still arriving
21
States reached
$953k
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, FY2017 to 2025.

Science & Tech$5.0MHealth$4.2MEducation$2.2MCrime & Legal$745kCivil Rights$257kCommunity Improvement$125kFood & Nutrition$70kSocial Science$24kOther$0
02FY2025 · 44 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 44 grants below total $4,589,248, the rows itemized in this filing. The $383,315,288 headline is the total grant expense on the return; the other $378,726,040 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2025

  • Under $10k7 grants · $48k
  • $10k–50k16 grants · $454k
  • $50k–250k17 grants · $2.1M
  • $250k+4 grants · $2.0M
$41,680
Median grant
21
States reached
$2.6B
Total assets
Largest grants
RecipientAmount
MOUNT SINAI SCHOOL OF MEDICINE$953,100
YALE UNIVERSITY$539,306
UNIVERSITY OF ILLINOIS$260,924
NEW YORK IMMIGRATION COALITION INC$256,725
DUKE UNIVERSITY$246,068
INDIANA UNIVERSITY$241,301
REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES$188,746
CENTRAL CONNECTICUT STATE UNIVERSITY$177,787
REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN DIEGO$162,345
REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO$127,590
UNIVERSITY OF CHICAGO$126,533
CONPRMETIDOS CORP$119,752
BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE$113,475
CALIFORNIA STATE UNIVERSITY EAST BAY$96,154
PILNET$88,459
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:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 16%, against an area that typically sits at 11%. 83% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%CALIFORNIA STATE UNIVERSITY EAST BAY: $96k → 10%REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO: $128k → 10%REGENTS OF THE UNIVERSITY OF CALIFORNIA RIVERSIDE: $59k → 11%REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES: $189k → 14%CALIFORNIA STATE UNIVERSITY BAKERSFIELD AUXILIARY FOR SPONSORED PROGRAMS AD: $65k → 18%ALBERT EINSTEIN COLLEGE OF MEDICINE: $72k → 28%UNIVERSITY OF NORTH TEXAS: $89k → 8%TEXAS A&M AGRILIFE RESEARCH: $53k → 22%UNIVERSITY OF NORTH FLORIDA: $55k → 14%CENTRAL CONNECTICUT STATE UNIVERSITY: $209k → 11%UNIVERSITY OF TENNESSEE: $132k → 12%MEHARRY MEDICAL COLLEGE: $57k → 14%TENNESSEE TECHNOLOGICAL UNIVERSITY: $89k → 19%DUKE UNIVERSITY: $246k → 11%NORTH CAROLINA A&T STATE UNIVERSITY: $95k → 16%METROPOLITAN STATE UNIVERSITY OF DE: $101k → 12%INDIANA UNIVERSITY: $241k → 18%UNIVERSITY OF WASHINGTON: $84k → 9%UNIVERSITY OF ILLINOIS: $261k → 19%NEW JERSEY CITY UNIVERSITY: $67k → 14%UNIVERSITY OF VIRGINIA: $122k → 8%GRAMBLING STATE UNIVERSITY: $73k → 32%BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE: $113k → 15%STANFORD UNIVERSITY: $75k → 8%UNIVERSITY OF CALIFORNIA RIVERSIDE: $53k → 11%MORNINGSIDE CENTER FOR TEACHING SOCIAL RESP: $585k → 17%ALBERT EINSTEIN COLLEGE OF MEDICINE: $66k → 28%CENTRAL CONNECTICUT STATE UNIVERSITY: $178k → 11%UNIVERSITY OF TENNESSEE: $67k → 12%NEW JERSEY CITY UNIVERSITY: $59k → 14%UNIVERSITY OF VIRGINIA: $109k → 8%REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN DIEGO: $162k → 11%UNIVERSITY OF CHICAGO: $127k → 14%PILNET: $236k → 17%PILNET: $221k → 17%BUTLER HOSPITAL: $72k → 14%PILNET: $169k → 17%PILNET: $88k → 17%COLUMBIA UNIVERSITY: $77k → 17%THE NEW JEWISH HOME: $64k → 17%NEW YORK IMMIGRATION COALITION INC: $257k → 17%MEMORIAL SLOAN KETTERING CANCER CENTER: $151k → 17%RESEARCH FOUNDATION OF CUNY: $228k → 17%MOUNT SINAI SCHOOL OF MEDICINE: $953k → 17%MOUNT SINAI SCHOOL OF MEDICINE: $660k → 17%MOUNT SINAI SCHOOL OF MEDICINE: $582k → 17%MOUNT SINAI SCHOOL OF MEDICINE: $419k → 17%MOUNT SINAI SCHOOL OF MEDICINE: $395k → 17%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
IL
WI
MI
NY
MA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
VA
MD
NM
KS
TN
NC
SC
DC
OK
LA
AL
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.

78%of every dollar goes to organizations it has funded before.
$9.2M · 50 repeat orgs$2.6M to everyone else

Grantees it renews have grown median revenue +19% since the first grant, against +15% for those funded once.

50 repeat relationships: 20 still active in FY2025, 30 since wound down; 20 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

50
22

Total granted

$9.2M
$596k

Median revenue growth · since first grant

+19%
+15%

Still filing today

48%
73%

New vs renewed · share of each year

In FY2025, 50% of grant dollars renewed an existing relationship; $2.0M went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

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

’17’18’19’20’21’22’23’24’25
EducationHealthArts & CultureCommunity ImprovementCrime & LegalCivil 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

  • ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
    7× · 2019–2025 · $3.0M · revenue +41%
  • RF
    Research Foundation of the City University of New York
    3× · 2017–2024 · $281k · revenue +22%
  • UP
    UNIVERSIDAD POLITECNICA DE PUERTO RICO INC
    4× · 2021–2025 · $244k · revenue +0%

Funded once

  • GS
    GRAMBLING STATE UNIVERSITY
    one grant, 2024 · $73k
  • UO
    UNIVERSITY OF TEXAS
    one grant, 2017 · $51k
  • UO
    UNIVERSITY OF HOUSTON
    one grant, 2024 · $46k
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
Cornell University

Education, research, medical services and other public services.

Education
2
Lehigh University

The university's goal in the coming decade is to advance learning through the integration of teaching, research and service to others. the core of this goal is to prepare graduates to engage with the world and lead lives of meaning. to do…

Education
3
University of Miami

See Form 990, Part I, Line 1, Description of Organization Mission.

Education
4
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
5
The Trustees of Princeton University

Research, education and general - princeton university is a private not-for-profit, non-sectarian institution of higher learning with approximately 5,700 undergraduate and 3,300 graduate students. 2,500 students graduated in the 2024-2025…

Education
6
University of Southern California

The central mission of the university of southern california is the development of human beings and society as a whole through the cultivation and enrichment of the human mind and spirit. the principal means by which our mission is…

Education
7
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
8
Manhattanville University

To educate students to be ethical and socially responsible leaders in a global community.

Education
9
William Marsh Rice University

As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to path breaking research, unsurpassed teaching, and contributions to the betterment of our world. It seeks to fulfill this…

Education
10
Seton Hall University

Seton hall university is a catholic institution of higher education

—
11
The Catholic University of America

As the national university of the catholic church in the united states, founded and sponsored by the bishops of the country with the approval of the holy see, the catholic university of america is committed to being a comprehensive…

Education
12
Trustees of Dartmouth College

Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.

Education
How this is measured
The grantee most central to the portfolio’s shape is Georgetown University; the most unlike its peers is ConprmetidosCorp. 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

56 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. 56 of the 97 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)
2
Early backer (in before they grew)
55/56
Grantees still filing
38/56
Grew since first funded

Where the money sits, by cause and then by grantee

ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI: $3,048,272 · EducationICAHN SCHOOL OF MEDICINE AT MOUNT SINAIYale University: $581,961 · EducationYale UniversityResearch Foundation of the City University of New York: $280,553 · EducationDUKE UNIVERSITY: $246,068 · EducationUNIVERSIDAD POLITECNICA DE PUERTO RICO INC: $244,028 · Education+28 more: $1,598,273 · Education+28 moreCENTRAL CT STATE UNIVERSITY: $386,491 · OtherCENTRAL CT STATE UNIVERSITYTHE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS: $260,924 · OtherTHE BOARD OF TRUSTEES OF THE UNIVERSITY …NEW YORK IMMIGRATION COALITION INC: $256,725 · OtherNEW YORK IMMIGRATION COALITION INCIndiana University School of Medicine: $241,301 · OtherRECTOR & VISITORS OF THE UNIVERSITY OF VIRGINIA: $240,927 · OtherREGENTS OF THE UNIVERSITY OF CALIFORNIA AT SAN DIEGO: $214,502 · OtherTennessee Technological University: $202,890 · OtherTHE UNIVERSITY OF TENNESSEE: $199,380 · OtherREGENTS UNIV OF CALIFORNIA: $188,746 · OtherHAVERFORD COLLEGE: $153,466 · Other+39 more: $2,208,643 · Other+39 morePILNET: $714,528 · Crime & LegalMORNINGSIDE CENTER FOR TEACHING SOCIAL RESPONSIBILITY INC: $628,594 · Civil RightsMEMORIAL SLOAN-KETTERING CANCER CENTER: $217,864 · HealthJEWISH HOME LIFECARE MANHATTAN: $91,484 · HealthBUTLER HOSPITAL: $71,527 · HealthCHILD MIND INSTITUTE INC: $67,269 · HealthRhode Island Hospital: $47,103 · HealthUNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE: $40,251 · HealthFENWAY COMMUNITY HEALTH CENTER INC: $25,976 · Health+3 more: $37,337 · HealthConprmetidosCorp: $119,752 · Community ImprovementThe Business Initiative Corporation of New York: $5,208 · Community ImprovementNATIONAL OPINION RESEARCH CENTER: $24,322 · Social Science
Education$5,999,155Other$4,553,995Crime & Legal$714,528Civil Rights$628,594Health$598,811Community Improvement$124,960Social Science$24,322

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 budgetICAHN SCHOOL OF MEDICINE AT MOUNT SINAI: $3,048,272 over 7y, 0.0% of budgetPILNET: $714,528 over 4y, 14% of budgetMORNINGSIDE CENTER FOR TEACHING SOCIAL RESPONSIBILITY INC: $628,594 over 2y, 10% of budgetYale University: $581,961 over 3y, 0.0% of budgetResearch Foundation of the City University of New York: $280,553 over 3y, 0.0% of budgetNEW YORK IMMIGRATION COALITION INC: $256,725 over 1y, 0.9% of budgetDUKE UNIVERSITY: $246,068 over 1y, 0.0% of budgetUNIVERSIDAD POLITECNICA DE PUERTO RICO INC: $244,028 over 4y, 0.2% of budgetMEMORIAL SLOAN-KETTERING CANCER CENTER: $217,864 over 3y, 0.0% of budgetALBERT EINSTEIN COLLEGE OF MEDICINE INC: $138,472 over 2y, 0.0% of budgetAlbert Einstein College of Medicine: $138,218 over 5y, 0.0% of budgetMETROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC: $133,224 over 2y, 0.6% of budgetUniversity of Chicago: $126,533 over 1y, 0.0% of budgetTHE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK: $120,520 over 4y, 0.0% of budgetTHE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND: $120,304 over 4y, 0.0% of budgetTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $109,896 over 2y, 0.0% of budgetCALIFONIA STATE UNIVERSITY EAST BAY FOUNDATION INC: $107,367 over 2y, 0.4% of budgetJEWISH HOME LIFECARE MANHATTAN: $91,484 over 2y, 0.1% of budgetCSU BAKERSFIELD AUXILIARY FOR SPONSORED PROGRAMS ADMINISTRATION: $85,837 over 2y, 0.5% of budgetNew York University: $74,324 over 4y, 0.0% of budgetBUTLER HOSPITAL: $71,527 over 1y, 0.0% of budgetCHILD MIND INSTITUTE INC: $67,269 over 2y, 0.1% of budgetMEHARRY MEDICAL COLLEGE: $56,585 over 1y, 0.0% of budgetRhode Island Hospital: $47,103 over 3y, 0.0% of budgetTRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: $41,680 over 1y, 0.0% of budgetUNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE: $40,251 over 1y, 0.0% of budgetXAVIER UNIVERSITY: $40,000 over 2y, 0.0% of budgetCORPORATION OF GONZAGA UNIVERSITY: $40,000 over 2y, 0.0% of budgetLoyola University Maryland Inc: $40,000 over 1y, 0.0% of budgetGEORGETOWN UNIVERSITY: $40,000 over 1y, 0.0% of budgetPRESIDENT-BOARD OF TRUSTEES SANTA CLARA COLLEGE: $40,000 over 2y, 0.0% of budgetCreighton University: $40,000 over 1y, 0.0% of budgetTRUSTEES OF BOSTON UNIVERSITY: $39,443 over 1y, 0.0% of budgetSAN DIEGO STATE UNIVERSITY FOUNDATION SDSU RESEARCH FOUNDATION: $39,341 over 2y, 0.0% of budgetMarquette University: $37,336 over 2y, 0.0% of budgetPROVIDENCE COLLEGE: $31,573 over 1y, 0.0% of budgetNATIONAL CENTER FOR ACCESS TO JUSTICE INC: $30,000 over 1y, 3.3% of budgetDREXEL UNIVERSITY: $28,176 over 2y, 0.0% of budgetDILLARD UNIVERSITY: $27,954 over 1y, 0.0% of budgetFENWAY COMMUNITY HEALTH CENTER INC: $25,976 over 1y, 0.0% of budgetNATIONAL OPINION RESEARCH CENTER: $24,322 over 2y, 0.0% of budgetBAYLOR UNIVERSITY: $24,055 over 1y, 0.0% of budgetJOHNS HOPKINS UNIVERSITY: $22,342 over 1y, 0.0% of budgetCALVIN UNIVERSITY: $20,000 over 1y, 0.0% of budgetAmerican Museum of Natural History: $17,510 over 2y, 0.0% of budgetAZUSA PACIFIC UNIVERSITY: $16,911 over 1y, 0.0% of budgetMEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION: $16,903 over 1y, 0.1% of budgetThe Miriam Hospital Foundation: $14,962 over 1y, 0.3% 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 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ↗
  • Who funds PILNET ↗
  • Who funds MORNINGSIDE CENTER FOR TEACHING SOCIAL RESPONSIBILITY INC ↗
  • Who funds Yale University ↗
  • Who funds Research Foundation of the City University of New York ↗
  • Who funds NEW YORK IMMIGRATION COALITION INC ↗
  • Who funds DUKE UNIVERSITY ↗
  • Who funds UNIVERSIDAD POLITECNICA DE PUERTO RICO INC ↗
  • Who funds MEMORIAL SLOAN-KETTERING CANCER CENTER ↗
  • Who funds ALBERT EINSTEIN COLLEGE OF MEDICINE INC ↗
  • Who funds Albert Einstein College of Medicine ↗
  • Who funds METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC ↗
  • Who funds University of Chicago ↗
  • Who funds THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK ↗
  • Who funds THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND ↗
  • Who funds ConprmetidosCorp ↗
  • Who funds THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY ↗
  • Who funds CALIFONIA STATE UNIVERSITY EAST BAY FOUNDATION INC ↗
  • Who funds JEWISH HOME LIFECARE MANHATTAN ↗
  • Who funds CSU BAKERSFIELD AUXILIARY FOR SPONSORED PROGRAMS ADMINISTRATION ↗

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.

The Trustees of Colum…American Chemical Soc…National Collegiate A…Folds of Honor Founda…Tulsa Community Found…University of MiamiUniversity of Souther…University of Pittsbu…Columbus FoundationAmerican Cancer Socie…American Epilepsy Soc…Alzheimer's Disease &…
The Trustees of Columbia University in the City of New YorkNY21.4× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Trustees of Columbia University in the City of New York · American Chemical Society · National Collegiate Athletic Association · Folds of Honor Foundation · Tulsa Community Foundation · University of Miami · University of Southern California · University of Pittsburgh · Columbus Foundation · American Cancer Society Inc · American Epilepsy Society · Alzheimer's Disease & Related Disorders Association Inc

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

2024
’20’21’22’23’24’25
no gov · 00%1%4%8%15%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 12%
  • Fenway Community Health Center Inc: 27% of income from government
  • Trustees of Boston University: 12% of income from government
  • Johns Hopkins University: 12% of income from government
  • Yale University: 12% of income from government
  • Loyola University Maryland Inc: 6% of income from government
no gov moneyreceives it· size = income
0get no government money at all
5report 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 97 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 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 Fordham University’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