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HASI Foundation at a glance

· Private foundation

HASI Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$1.2M
Granted FY2024still arriving
15
Grants FY2024still arriving
6
States reached
$250k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2024.

Environment$1.7MEducation$400kCommunity Improvement$200kHuman Services$40kReligion$18kYouth Development$5kPhilanthropy$2k
02FY2024 · 15 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k2 grants · $13k
  • $10k–50k3 grants · $78k
  • $50k–250k9 grants · $830k
  • $250k+1 grant · $250k
$50,000
Median grant
6
States reached
$3.2M
Total assets
Largest grants
RecipientAmount
STRATEGIC ENERGY INNOVATIONS$250,000
SOUTHFACE ENERGY INSTITUTE INC$220,000
CIVIC WORKS INC$150,000
GROUNDSWELL INC$100,000
SOUTHFACE ENERGY INSTITUTE INC$100,000
SOUTHFACE ENERGY INSTITUTE INC$60,000
SMITHSONIAN ENVIRONMENTAL RESEARCH CENTER$50,000
MORGAN STATE UNIVERSITY FOUNDATION INCORPORATED$50,000
ENVIRONMENTAL POLICY INNOVATION CENTER$50,000
MIAMI UNIVERSITY FOUNDATION INC$50,000
CERES INC$40,000
FAIR CHANCE$20,000
CHESAPEAKE BAY FOUNDATION INC$18,000
YOUNG WOMENS CHRISTIAN ASSOC OF ANNAPOLIS & ANNE A$7,500
THE COMPLETE PLAYER CHARITY LTD$5,000
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 (FY21–24, $40k) land where the poverty rate runs at 8%, against an area that typically sits at 10%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 10%FAIR CHANCE: $20k → 8%FAIR CHANCE: $10k → 8%FAIR CHANCE: $10k → 8%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.
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.

79%of every dollar goes to organizations it has funded before.
$1.9M · 9 repeat orgs$507k to everyone else

9 repeat relationships: 7 still active in FY2024, 2 since wound down; 6 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

9
4

Total granted

$1.9M
$162k

Median revenue growth · since first grant

+16%
+47%

Still filing today

78%
100%

New vs renewed · share of each year

In FY2024, 71% of grant dollars renewed an existing relationship; $345k went to new ones.

50%100%’21’22’24
RenewedFirst-time

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

’21’22’24
EnvironmentArts & CultureEducationCommunity ImprovementHuman ServicesYouth DevelopmentOther
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

  • SE
    SOUTHFACE ENERGY INSTITUTE INC
    2× · 2022–2024 · $684k · revenue +16%
  • SE
    STRATEGIC ENERGY INNOVATIONS
    2× · 2022–2024 · $450k · revenue +10%
  • GI
    GROUNDSWELL INC
    2× · 2022–2024 · $200k · revenue +129%

Funded once

  • RI
    RUMIE INITIATIVE INC
    one grant, 2022 · $100k · revenue -82% · 55% of their budget
  • RJ
    REBUILD JOHNSTON SQUARE NEIGHBORHOOD ORGANIZATION INCgraduated
    one grant, 2021 · $50k · revenue +47%
  • TS
    THE SEVERN RIVER ASSOCIATION INCgraduated
    one grant, 2022 · $10k · revenue +78%
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
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
2
Rocky Mountain Institute

Transform the global energy system to secure a clean, prosperous, zero-carbon future for all.

—
3
The Breakthrough Institute

The Breakthrough Institute is a research center that identifies and promotes technological solutions to environmental and human development challenges.

Environment
4
Solar Energy Industries Association

Seia is the driving force behind solar energy and storage, building a stronger solar industry to power america through advocacy and education. representing organizations that promote, manufacture, install and support the development of…

—
5
Central Indiana Corporate Partnership Inc

Central indiana corporate partnership (cicp) is an alliance of indiana's business and research university leaders coming together to foster long-term prosperity for the region. cicp's mission is to transform the economy of indiana in order…

Community Improvement
6
Fresh Energy

Shape and drive bold policy solutions to achieve equitable carbon-neutral economies.

Environment
7
Third Way

To research and develop centrist policy ideas.

Civil Rights
8
The Commons Inc

To partner with individuals and organizations to access, organize, and share data that inspires action that restores our environment.

—
9
CarbonPlan

Improving the transparency and scientific integrity of climate solutions through open data and tools.

Environment
10
Climate Institute

The climate institute is organized for the purpose of educating the general public and policy makers as to the gravity of potential climate change, exploring the policy implications of the latest scientific findings on climate modelling…

Environment
11
National Association of Regulatory Utility Commissioners

Founded in 1889, the national association of regulatory utility commisioners (naruc) is a non-profit organization dedicated to representing the state public service commisions who regulate the utilities that provide essential services such…

—
12
The Union of Concerned Scientists Inc

The union of concerned scientists puts rigorous, independent science into action, developing solutions and advocating for a healthy, safe, and just future.

International
How this is measured
The grantee most central to the portfolio’s shape is Maryland Philanthropy Network; the most unlike its peers is Rumie Initiative Inc. 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

17 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. 17 of the 19 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.

1
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
17/17
Grantees still filing
12/17
Grew since first funded

Where the money sits, by cause and then by grantee

SOUTHFACE ENERGY INSTITUTE INC: $683,520 · EnvironmentSOUTHFACE ENERGY INSTITUTE INCSTRATEGIC ENERGY INNOVATIONS: $450,000 · EnvironmentSTRATEGIC ENERGY INNOVATIONSGROUNDSWELL INC: $200,000 · EnvironmentGROUNDSWELL INCEnvironmental Policy Innovation Center: $50,000 · Environment+3 more: $98,000 · Environment+3 moreNATIVE RENEWABLES INC: $200,000 · Arts & CultureNATIVE RENEWABLE…RUMIE INITIATIVE INC: $100,000 · Arts & CultureRUMIE INITIATIVE…SMITHSONIAN INSTITUTION: $50,000 · Arts & CultureSMITHSONIAN INST…THE MORGAN STATE UNIVERSITY FOUNDATION INC: $150,000 · EducationTHE MORGAN STATE…CIVIC WORKS INC: $150,000 · EducationCIVIC WORKS INCMiami University Foundation: $50,000 · EducationMiami University…MIAMI UNIVERSITY: $100,000 · OtherYOUNG WOMENS CHRISTIAN ASSOC OF ANNAPOLIS & ANNE A: $17,500 · Other+1 more: $2,027 · OtherREBUILD JOHNSTON SQUARE NEIGHBORHOOD ORGANIZATION INC: $50,000 · Community ImprovementFAIR CHANCE: $40,000 · Human ServicesTHE COMPLETE PLAYER CHARITY LTD: $5,000 · Youth Development
Environment$1,481,520Arts & Culture$350,000Education$350,000Other$119,527Community Improvement$50,000Human Services$40,000Youth Development$5,000

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 budgetSOUTHFACE ENERGY INSTITUTE INC: $683,520 over 2y, 4.4% of budgetSTRATEGIC ENERGY INNOVATIONS: $450,000 over 2y, 2.6% of budgetGROUNDSWELL INC: $200,000 over 2y, 2.7% of budgetNATIVE RENEWABLES INC: $200,000 over 2y, 4.7% of budgetTHE MORGAN STATE UNIVERSITY FOUNDATION INC: $150,000 over 3y, 0.3% of budgetCIVIC WORKS INC: $150,000 over 1y, 0.9% of budgetRUMIE INITIATIVE INC: $100,000 over 1y, 55% of budgetEnvironmental Policy Innovation Center: $50,000 over 1y, 0.5% of budgetREBUILD JOHNSTON SQUARE NEIGHBORHOOD ORGANIZATION INC: $50,000 over 1y, 20% of budgetMiami University Foundation: $50,000 over 1y, 0.1% of budgetSMITHSONIAN INSTITUTION: $50,000 over 1y, 0.0% of budgetCHESAPEAKE BAY FOUNDATION INC: $48,000 over 3y, 0.1% of budgetCERES INC: $40,000 over 1y, 0.1% of budgetFAIR CHANCE: $40,000 over 3y, 1.0% of budgetTHE SEVERN RIVER ASSOCIATION INC: $10,000 over 1y, 1.3% of budgetTHE COMPLETE PLAYER CHARITY LTD: $5,000 over 1y, 0.6% of budgetMARYLAND PHILANTHROPY NETWORK: $2,027 over 1y, 0.0% 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.

Rockefeller Philanthr…Vanguard Charitable E…Network for GoodThe Bank of America C…Fidelity Investments …Amazonsmile Foundation
Rockefeller Philanthropy Advisors IncNY12.7× affinity4 shared granteesties to 5 of 5Hover any node to trace its alignments.Compare side by side →

Open a dossier: Rockefeller Philanthropy Advisors Inc · Vanguard Charitable Endowment Program · Network for Good · The Bank of America Charitable Foundation Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile 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 HASI Foundation funds: left to right is the share of its income from government, bottom to top the share from HASI Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 20%4%15%34%60%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 7%
  • Civic Works Inc: 63% of income from government
  • Environmental Policy Innovation Center: 13% of income from government
  • The Morgan State University Foundation Inc: 7% of income from government
  • The Complete Player Charity Ltd: 6% of income from government
  • Chesapeake Bay Foundation Inc: 2% of income from government
  • Ceres Inc: 0% of income from government
no gov moneyreceives it· size = income
2get no government money at all
2report 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.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to HASI Foundation?

Find your warmest path to HASI Foundation 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 19 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on HASI’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