Philanthropy$3.7BEducation$3.1BHuman Services$1.1BCommunity Improvement$781MHealth$485MArts & Culture$454MEnvironment$370MInternational$280MCivil Rights$255MOther$2.7B

02FY2024 · 7424 grants

Where the money goes

Your grants by size, and where they go.

The 7,424 grants below total $2,957,478,954 — the rows itemised in this filing. The $3,082,130,420 headline is the total grant expense reported on the return, so the remaining $124,651,466 is giving the schedule does not break out: grants under the $5,000 itemisation floor, grants to individuals, and grants reported on other schedules. Every figure below describes the itemised rows only.

By grant size · FY2024

Under $10k664 grants · $4.6M
$10k–50k3928 grants · $76M
$50k–250k1778 grants · $178M
$250k+1054 grants · $2.7B

$25,000

Median grant

States reached

$12.7B

Total assets

Largest grants
Recipient	Amount
NATIONAL PHILANTHROPIC TR	$274,122,388
BLUE MERIDIAN PARTNERS INC	$101,082,500
FIDELITY INVESTMENTS CHARITABLE GIFT FUND	$84,255,680
GIVEDIRECTLY INC	$50,592,000
ROCKEFELLER PHILANTHROPY ADVISORS INC	$46,170,000
COMMUNITIES IN SCHOOLS INC	$46,073,350
UNITED STATES ENERGY FOUNDATION	$42,500,000
UNITED WAY FOR SOUTHEASTERN MICHIGAN	$39,929,000
RF CATALYTIC CAPITAL INC	$35,000,000
THE BOARD OF TRUSTEES LELAND STANFORD JUNIOR UNIV	$32,450,178
UNIVERSITY OF OREGON FOUNDATION	$31,810,700
HOUSING TRUST SILICON VALLEY	$30,000,000
SOUTHEAST COMMUNITY CAPITAL CORPORATION	$30,000,000
CLIMATEWORKS FOUNDATION	$25,000,000
HOMEWISE INC	$25,000,000

02The need

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 (FY17–24, $901.1M) land where the poverty rate runs at 16%, against an area that typically sits at 10%. 95% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.

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

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.

91%of every dollar goes to organizations you’ve funded before.

$8.1B · 1609 repeat orgs$755M to everyone else

And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +43% since the first grant, against -4% for the ones you funded once.

1609 repeat relationships — 1309 still active in FY2024, 300 since wound down; 163 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

1609

123

Total granted

$8.1B

$232M

Median revenue growth · since first grant

+43%

-4%

Still filing today

87%

86%

New vs renewed · share of each year

In FY2024, 75% of grant dollars renewed an existing relationship; $523M went to new ones.

RenewedFirst-time

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

EducationHealthHuman ServicesArts & CultureInternationalPhilanthropyOther

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

BM
BLUE MERIDIAN PARTNERS INC
7× · 2018–2024 · $531M · revenue +72% · 51% of their budget
UNIVERSITY OF OREGON FOUNDATION
8× · 2017–2024 · $273M · revenue +182% · 45% of their budget
XI
XQ INSTITUTE
5× · 2017–2021 · $249M · revenue +22% · 100% of their budget

Funded once

PA
PALO ALTO UNIFIED SCHOOL DISTRICT
one grant, 2018 · $22M
THE HOWARD UNIVERSITY
one grant, 2021 · $14M · revenue +11%
WC
Wyoming Catholic Collegegraduated
one grant, 2021 · $10M · revenue +121%

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.

Boston Architectural College

Founded 131 years ago, the boston architectural college is a recognized institution providing excellence in practice-integrated design education to members of diverse communities with students representing 35 countries. the bac offers…

—

University of New Haven

See schedule ouniversity of new haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts & professional education.

Education

Augustana College

Offer a challenging education that develops the qualities of mind, spirit and body for students.

Education

United States Naval Institute

To advance professional, literary, and scientific understanding of sea power.

—

The Common Application Inc

The common application promotes access, equity, and integrity in the college admission process.

Education

Ucsf Foundation Investment Company

the organization provides professional investment management services for endowed gifts and financial assets entrusted to the UCSF Foundation.

Education

Oklahoma City University

Oklahoma city university prepares all learners to create, lead and serve.

Education

University of the Pacific

To provide a superior, student-centered learning experience integrating liberal arts and professional education and preparing individuals for lasting achievement and responsible leadership in their careers and communities.

Education

Minneapolis College of Art and Design

Embolden creative leaders to transform society through equity, empathy, & imagination.

Education

Foreign Policy Research Institute

Highest quality scholarship and nonpartisan policy analysis focused on u.s. foreign policy

International

Fielding Graduate University

Fielding provides doctoral, master's and graduate-level certificate programs in the fields of educational leadership, organization development, and psychology.

—

Silicon Schools Fund Inc

Support the launch of excellent new schools and innovative practices that improve education.

Education

For reference, the grantee most central to the portfolio’s shape is Tiger Woods Foundation Inc and the most unlike its peers is The Rock and Roll Hall of Fame. 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.

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 29 years old; the field is 16. You back the established end — and your money leans older still.

The field is 22% startups (under 5 years old) — 4% of your grantees by number, and just 3% of your money.

Closures · last 5 years

The orgs you fund almost never close — 0.7% lost their exemption, against 11% of the field you don’t fund.

orgs you fund

0.7%104/14,044

the rest of the field

11%

206,060/1,805,521

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

1789 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. 1789 of the 2,000 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.

339

Load-bearing (≥25% of a budget)

231

Early backer (in before they grew)

1765/1789

Grantees still filing

1249/1789

Grew since you first funded

Where your money sits — by cause, then by grantee

Philanthropy$3,456,721,164Education$2,159,105,468Human Services$899,718,599Other$2,051,575,840Community Improvement$627,002,502Environment$273,188,119Arts & Culture$247,284,509

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

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 loosely connected circle, clustered around a few shared anchors.

Raven Trust FundWA31.2× affinity28 shared granteesties to 3 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Raven Trust Fund · The Karsh Family Foundation · Valhalla Foundation · Robert and Dana Emery Family Foundation Rockefeller Trust Company · Penner Family Foundation Inc · John and Marcia Goldman Foundation · Give Forward Foundation · Grousemont Foundation · The Ohr Hakotel Foundation · Pritzker Foundation · Harman Family Foundation · Gorder Family Foundation

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 Gs Donor Advised Philanthropy Fund for Wealth Management Inc 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 moneyreceives it· size = income

15get no government money at all

25report 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.

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 camps

funders cluster by geography, not ideology

By state

where grant money is based, and what stays home

State money flows

the interactive map of money crossing state lines