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Herbold Foundation at a glance

· Private foundation

Herbold Foundation

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.

$715k
Granted FY2025still arriving
24
Grants FY2025still arriving
12
States reached
$80k
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.

Education$2.6MHuman Services$610kHealth$457kCivil Rights$433kSocial Science$276kPublic Benefit$170kCrime & Legal$43kArts & Culture$42kOther$0
02FY2025 · 24 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k9 grants · $34k
  • $10k–50k7 grants · $112k
  • $50k–250k8 grants · $569k
$15,000
Median grant
12
States reached
$9.6M
Total assets
Largest grants
RecipientAmount
PURDUE UNIVERSITY$80,000
ARIZONA STATE UNIVERSITY$80,000
UNIVERSITY OF WASHINGTON$80,000
YOUNG AMERICA'S FOUNDATION$80,000
CASE WESTERN RESERVE$75,000
UNIVERSITY OF ARIZONA$70,000
CHASE LAW SCHOOL$54,000
HILLSDALE COLLEGE$50,000
ST JUDE CHILDREN'S HOSPITAL$25,000
HUTCH CANCER CENTER$25,000
INTERCOLLEGIATE STUDIES INSTITUTE$15,000
JUDICIAL WATCH$15,000
TUNNELS TO TOWERS$12,000
HORATIO ALGER ASSOCIATION$10,000
HOOVER INSTITUTE$10,000
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:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 12%, against an area that typically sits at 10%. 58% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%UNIVERSITY OF ARIZONA: $70k → 15%TUNNELS TO TOWERS: $50k → 11%HILLSDALE COLLEGE: $50k → 14%ST JUDE CHILDREN'S HOSPITAL: $35k → 17%PURDUE UNIVERSITY: $80k → 19%CASE WESTERN RESERVE: $75k → 17%YOUNG AMERICA'S FOUNDATION: $80k → 6%CHASE LAW SCHOOL: $54k → 10%UNIVERSITY OF ARIZONA: $70k → 15%ST JUDE CHILDREN'S HOSPITAL: $25k → 17%PURDUE UNIVERSITY: $70k → 19%CASE WESTERN RESERVE: $75k → 17%YOUNG AMERICA'S FOUNDATION: $50k → 6%CHASE LAW SCHOOL: $34k → 10%UNIVERSITY OF ARIZONA: $70k → 15%ST JUDE CHILDREN'S HOSPITAL: $25k → 17%PURDUE UNIVERSITY: $70k → 19%CASE WESTERN RESERVE: $75k → 17%YOUNG AMERICA'S FOUNDATION: $50k → 6%CHASE LAW SCHOOL: $34k → 10%UNIVERSITY OF ARIZONA: $70k → 15%ST JUDE CHILDREN'S HOSPITAL: $25k → 17%PURDUE UNIVERSITY: $70k → 19%CASE WESTERN RESERVE: $75k → 17%YOUNG AMERICA'S FOUNDATION: $50k → 6%UNIVERSITY OF ARIZONA: $60k → 15%PURDUE UNIVERSITY: $60k → 19%CASE WESTERN RESERVE: $69k → 17%YOUNG AMERICA'S FOUNDATION: $45k → 6%UNIVERSITY OF ARIZONA: $50k → 15%CASE WESTERN RESERVE: $65k → 17%YOUNG AMERICA'S FOUNDATION: $35k → 6%UNIVERSITY OF ARIZONA: $40k → 15%CASE WESTERN RESERVE: $65k → 17%YOUNG AMERICA'S FOUNDATION: $30k → 6%CASE WESTERN RESERVE: $65k → 17%YOUNG AMERICA'S FOUNDATION: $30k → 6%UNIVERSITY OF WASHINGTON: $80k → 9%UNIVERSITY OF WASHINGTON: $70k → 9%UNIVERSITY OF WASHINGTON: $70k → 9%UNIVERSITY OF WASHINGTON: $70k → 9%UNIVERSITY OF WASHINGTON: $60k → 9%UNIVERSITY OF WASHINGTON: $58k → 9%FRED HUTCHINSON CANCER CENTER: $42k → 9%FRED HUTCHINSON CANCER CENTER: $35k → 9%HUTCH CANCER CENTER: $33k → 9%HUTCH CANCER CENTER: $33k → 9%HUTCH CANCER CENTER: $30k → 9%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

NH
WA
MN
IL
WI
MI
NY
MA
IN
OH
CT
CA
KY
VA
AZ
TN
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.

96%of every dollar goes to organizations it has funded before.
$4.4M · 44 repeat orgs$204k to everyone else

Grantees it renews have grown median revenue +67% since the first grant, against +26% for those funded once.

44 repeat relationships: 23 still active in FY2025, 21 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

44
9

Total granted

$4.4M
$204k

Median revenue growth · since first grant

+67%
+26%

Still filing today

39%
33%

New vs renewed · share of each year

In FY2025, 100% of grant dollars renewed an existing relationship; $0 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
EducationHealthPublic BenefitPhilanthropyArts & CultureCivil 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

  • YA
    Young America's Foundation
    9× · 2017–2025 · $390k · revenue +67%
  • ST JUDE CHILDREN'S RESEARCH HOSPITAL INC
    6× · 2020–2025 · $140k · revenue +78%
  • JUDICIAL WATCH INC
    8× · 2018–2025 · $87k · revenue +78%

Funded once

  • UO
    UNIVERSITY OF WASHINGTON 11 STUDENT
    one grant, 2017 · $80k
  • UO
    UNIVERSITY OF WASHINGTON 9 STUDENTS
    one grant, 2018 · $68k
  • SO
    ST OLAF COLLEGE 2 STUDENTS
    one grant, 2017 · $15k
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
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
2
President and Fellows of Harvard College

Undergraduate, graduate, and professional education and research across a broad array of academic domains.

Education
3
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
4
The George Washington University

The mission of the george washington university (gw) is to educate individuals in liberal arts, languages, sciences, learned professions, and other courses and subjects of study, and to conduct scholarly research and publish the findings…

Education
5
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
6
Augustana College

Rooted in the liberal arts & sciences & lutheran expression of the christian faith, & is committed to offering a challenging education that develops qualities of mind, spirit, & body necessary for a rewarding life of leadership & service…

Education
7
Saint Xavier University

Saint xavier university, a catholic institution inspired by the heritage of the sisters of mercy, educates persons to search for truth, think critically, communicate effectively and serve wisely and compassionately in support of human…

Education
8
Trinity University

Trinity university is an independent co-educational university whose mission is excellence in the interrelated areas of teaching, research and services.

Education
9
Albright College

As a diverse community of learners, we cultivate integrity, curiosity, connection and resilience.

Education
10
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
11
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
12
University of the Sciences in Philadelphia

University of the sciences prepares students to become leaders, innovators, and skilled practitioners in the sciences, the health professions, and related disciplines. we deliver excellence in teaching, research, and service through a safe…

—
How this is measured
The grantee most central to the portfolio’s shape is The Heritage Foundation; the most unlike its peers is Fred Hutchinson Cancer Center. 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

23 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. 23 of the 55 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)
22/23
Grantees still filing
20/23
Grew since first funded

Where the money sits, by cause and then by grantee

CASE WESTERN RESERVE: $568,500 · OtherCASE WESTERN RESERVEARIZONA STATE UNIVERSITY: $460,000 · OtherARIZONA STATE UNIVERSITYUNIVERSITY OF ARIZONA: $430,000 · OtherUNIVERSITY OF ARIZONAUNIVERSITY OF WASHINGTON: $415,000 · OtherUNIVERSITY OF WASHINGTONYoung America's Foundation: $390,000 · OtherYoung America's FoundationTRUSTEES OF PURDUE UNIVERSITY: $350,000 · OtherTRUSTEES OF PURDUE UNIVERSITYCHASE LAW SCHOOL: $223,500 · OtherCHASE LAW SCHOOLHUTCH CANCER CENTER: $195,000 · OtherINTERCOLLEGIATE STUDIES INSTITUTE: $170,000 · Other+26 more: $621,250 · Other+26 moreHILLSDALE COLLEGE: $113,000 · EducationSTEPHEN SILLER TUNNEL TO TOWERS FOUNDATION: $79,500 · EducationHORATIO ALGER ASSN OF DISTINGUISHED AMERICANS INC: $50,000 · EducationHarvey Mudd College: $22,500 · EducationXAVIER UNIVERSITY: $20,000 · EducationST OLAF COLLEGE: $15,000 · EducationCALIFORNIA INSTITUTE OF TECHNOLOGY: $15,000 · EducationNETWORK OF ENLIGHTENED WOMEN INC: $12,000 · Education+4 more: $30,000 · EducationST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $140,000 · HealthFred Hutchinson Cancer Center: $77,000 · HealthJUDICIAL WATCH INC: $87,000 · Public BenefitTHE HERITAGE FOUNDATION: $63,000 · Public BenefitTHE UNIVERSITY OF CINCINNATI FOUNDATION: $45,000 · PhilanthropyGARY SINISE FOUNDATION: $41,000 · PhilanthropyCLARE BOOTHE LUCE CENTER FOR CONSERVATIVE WOMEN: $42,000 · Arts & CultureWASHINGTON POLICY CENTER: $15,500 · Civil Rights
Other$3,823,250Education$357,000Health$217,000Public Benefit$150,000Philanthropy$86,000Arts & Culture$42,000Civil Rights$15,500

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 budgetYoung America's Foundation: $390,000 over 9y, 0.2% of budgetST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $140,000 over 6y, 0.0% of budgetHILLSDALE COLLEGE: $113,000 over 5y, 0.0% of budgetJUDICIAL WATCH INC: $87,000 over 8y, 0.0% of budgetSTEPHEN SILLER TUNNEL TO TOWERS FOUNDATION: $79,500 over 5y, 0.0% of budgetFred Hutchinson Cancer Center: $77,000 over 2y, 0.0% of budgetTHE HERITAGE FOUNDATION: $63,000 over 8y, 0.0% of budgetHORATIO ALGER ASSN OF DISTINGUISHED AMERICANS INC: $50,000 over 9y, 0.0% of budgetTHE UNIVERSITY OF CINCINNATI FOUNDATION: $45,000 over 9y, 0.0% of budgetCLARE BOOTHE LUCE CENTER FOR CONSERVATIVE WOMEN: $42,000 over 9y, 0.3% of budgetGARY SINISE FOUNDATION: $41,000 over 9y, 0.1% of budgetHarvey Mudd College: $22,500 over 2y, 0.0% of budgetXAVIER UNIVERSITY: $20,000 over 4y, 0.0% of budgetWASHINGTON POLICY CENTER: $15,500 over 5y, 0.1% of budgetST OLAF COLLEGE: $15,000 over 2y, 0.0% of budgetCALIFORNIA INSTITUTE OF TECHNOLOGY: $15,000 over 2y, 0.0% of budgetNETWORK OF ENLIGHTENED WOMEN INC: $12,000 over 8y, 0.4% of budgetPRESIDENT-BOARD OF TRUSTEES SANTA CLARA COLLEGE: $7,500 over 1y, 0.0% of budgetNORTHEASTERN UNIVERSITY: $7,500 over 1y, 0.0% of budgetTrustees of Tufts College: $7,500 over 1y, 0.0% of budgetTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $7,500 over 1y, 0.0% of budgetAMERICAN CIVIL RIGHTS INSTITUTE: $7,000 over 2y, 1.9% of budgetDISCOVERY INSTITUTE: $6,000 over 5y, 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.

  • Who funds Young America's Foundation ↗
  • Who funds ST JUDE CHILDREN'S RESEARCH HOSPITAL INC ↗
  • Who funds HILLSDALE COLLEGE ↗
  • Who funds JUDICIAL WATCH INC ↗
  • Who funds STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION ↗
  • Who funds Fred Hutchinson Cancer Center ↗
  • Who funds THE HERITAGE FOUNDATION ↗
  • Who funds HORATIO ALGER ASSN OF DISTINGUISHED AMERICANS INC ↗
  • Who funds THE UNIVERSITY OF CINCINNATI FOUNDATION ↗
  • Who funds CLARE BOOTHE LUCE CENTER FOR CONSERVATIVE WOMEN ↗
  • Who funds GARY SINISE FOUNDATION ↗
  • Who funds Harvey Mudd College ↗
  • Who funds XAVIER UNIVERSITY ↗
  • Who funds WASHINGTON POLICY CENTER ↗
  • Who funds ST OLAF COLLEGE ↗

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.

Vanguard Charitable E…National Philanthropi…Natl Christian Charit…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
Vanguard Charitable Endowment ProgramPA10.2× affinity5 shared granteesties to 5 of 5Hover any node to trace its alignments.Compare side by side →

Open a dossier: Vanguard Charitable Endowment Program · National Philanthropic Trust · Natl Christian Charitable Fdn Inc · Donor Advised Charitable Giving 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 Herbold Foundation funds: left to right is the share of its income from government, bottom to top the share from Herbold Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%23%45%68%90%share of the org’s income from government →median 13%
  • Trustees of Tufts College: 13% of income from government
  • Northeastern University: 7% of income from government
no gov moneyreceives it· size = income
0get no government money at all
2report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–90%
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 55 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 Herbold’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