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Hillsdale College at a glanceMostly funded, not a grantmaker: see who funds it →

· Public charity

Hillsdale College

HILLSDALE COLLEGE is a private liberal arts college with approximately 1,500 students.

$40M
Granted FY2025still arriving
21
Grants FY2025still arriving
10
States reached
$40k
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$2.6MHousing & Shelter$622kReligion$287kPublic Benefit$207kInternational$80kHuman Services$45kArts & Culture$40kYouth Development$35kOther$0
02FY2025 · 21 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 21 grants below total $258,656, the rows itemized in this filing. The $40,159,225 headline is the total grant expense on the return; the other $39,900,569 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 $10k13 grants · $73k
  • $10k–50k8 grants · $185k
$7,156
Median grant
10
States reached
$2.3B
Total assets
Largest grants
RecipientAmount
SEVEN OAKS CLASSICAL SCHOOL INC$40,000
HEIGHTS SCHOOL$35,000
FIRST BAPTIST CHURCH OF LAINGSBURG$28,000
SAMARITANS PURSE$25,000
CITIZENS FOR TRADITIONAL VALUES FOUNDATION$20,000
BANCROFT CONGREGATIONAL CHURCH$17,300
CONSERVATIVE PARTNERSHIP INSTITUTE$10,000
JERSEY BAPTIST CHURCH$10,000
LIFE IN CHRIST CHURCH$7,700
CINCINNATI CLASSICAL ACADEMY$7,500
UNIVERSITY OF PITTSBURGH$7,156
CAMPUS CRUSADE FOR CHRIST INC$5,500
BUILDING TWENTYONE$5,500
LICKING COUNTY COALITION OF CARE$5,000
CHRISTIAN FAMILY CENTER$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 (FY19–25, $632k) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%LICKING COUNTY COALITION OF CARE: $5k → 10%HC REAL ESTATE HOLDING INC: $322k → 14%WE CARRY KEVAN: $5k → 12%HC REAL ESTATE INC: $300k → 14%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
IL
MI
NY
MA
NV
WY
IA
IN
OH
PA
NJ
CT
CA
UT
CO
MO
MD
AZ
NM
TN
NC
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.

69%of every dollar goes to organizations it has funded before.
$2.5M · 16 repeat orgs$1.1M to everyone else

Grantees it renews have grown median revenue +24% since the first grant, against +20% for those funded once.

16 repeat relationships: 8 still active in FY2025, 8 since wound down; 13 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

16
32

Total granted

$2.5M
$1.0M

Median revenue growth · since first grant

+24%
+20%

Still filing today

81%
59%

New vs renewed · share of each year

In FY2025, 55% of grant dollars renewed an existing relationship; $116k 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
EducationHuman ServicesReligionCivil RightsArts & CultureInternationalOther
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

  • HR
    HC REAL ESTATE HOLDINGS INC
    2× · 2019–2021 · $622k · revenue ×12 · 100% of their budget
  • UNIVERSITY OF PITTSBURGH
    4× · 2022–2025 · $374k · revenue +11%
  • CF
    CSU FULLERTON AUXILIARY SERVICES CORPORATION
    3× · 2022–2024 · $372k · revenue +39%

Funded once

  • FB
    Faith Baptist Bible College
    one grant, 2024 · $117k · revenue +16%
  • TP
    TURNING POINT USA INCgraduated
    one grant, 2024 · $105k · revenue +36%
  • RT
    RESPONSIVEED TEXASgraduated
    one grant, 2017 · $90k · revenue +65%
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
Reformed University Inc

Provide education in theology, divinity, religious education, ministerial training, business and organizational leadership.

Education
2
Summit Classical Christian School

Summit Classical Christian School is a PreK-12 school that exists to cultivate generations of joyful disciples of Christ by partnering with faithful Christian families to educate their children from a Biblical worldview using classical…

Education
3
Trustees of the American School of Classical Studies at Athens

The broad mission of the ASCSA has remained constant over its distinguished history: teaching research archaeological exploration publication and dissemination of research. Founded in 1881 the ASCSA provides graduate students and scholars…

Arts & Culture
4
Artesia Classical Academy Inc

In partnership with parents, Artesia Classical Academy equips students to be Christlike disciples and servant-leaders who know and share God's Word.

Education
5
Axiom Christian Classical School

To provide a comprehensive Christian Classical education to grades 1-12.

Education
6
Veritas Classical Christian School

To provide Christ-centered, academically robust Classical education.

Education
7
Concord Christian Academy

Concord Christian Academy is a life preparatory educational institution that works in harmony with families to promote the spiritual, intellectual, emotional, physical and creative growth of students, empowering them to live for the glory…

Education
8
Hampden-Sydney College

Since 1775, the mission of Hampden-Sydney College has been to form good men and good citizens in an atmosphere of sound learning.

Education
9
Covenant Classical School

To train our students to live and think according to a biblical christ-centered world view. we accomplish this by partnering with parents to provide a rigorous, classical education that instills a lifelong love of learning.

Education
10
Center of Theological Inquiry

The Center of Theological Inquiry is an independent research institution with an international visiting scholar program which convenes researchers in an ideal setting for interdisciplinary inquiries where theology casts light on global…

Religion
11
Covenant Christian School

Covenant Christian School (CCS) is committed to the academic, spiritual, physical, and social growth of our children in a Christ-centered environment. Continued on Schedule O Covenant Christian School cultivates a distinctive generation…

Education
12
Providence Christian Academy

In dependence upon Almighty God, for His glory alone, and together with family and church, the mission of Providence Christian Academy is to provide exemplary education for the vulnerable in the light of God's Word for time and eternity.

Education
How this is measured
The grantee most central to the portfolio’s shape is Lifewise Inc; the most unlike its peers is Aboki International. 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

41 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. 41 of the 62 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.

2
Load-bearing (≥25% of a budget)
6
Early backer (in before they grew)
41/41
Grantees still filing
23/41
Grew since first funded

Where the money sits, by cause and then by grantee

UNIVERSITY OF PITTSBURGH: $374,064 · EducationUNIVERSITY OF PITTSBURGHCSU FULLERTON AUXILIARY SERVICES CORPORATION: $372,217 · EducationCSU FULLERTON AUXILIARY SERVICES CORPORATIONYale University: $371,049 · EducationYale UniversityST LOUIS UNIVERSITY: $256,988 · EducationST LOUIS UNIVERSITYCornell University: $249,914 · EducationCornell UniversityTHE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY: $245,074 · EducationTHE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGYFaith Baptist Bible College: $117,000 · EducationRESPONSIVEED TEXAS: $90,000 · Education+12 more: $442,585 · Education+12 moreHC REAL ESTATE HOLDINGS INC: $622,400 · Human ServicesHC REAL ESTATE HOL…+3 more: $25,000 · Human ServicesTURNING POINT USA INC: $105,000 · OtherTURNING POINT USA…LIVINGSTON CLASSICAL CYBER ACADEMY: $47,065 · OtherLIVINGSTON CLASSI…FIRST BAPTIST CHURCH OF LAINSBURG: $42,830 · OtherFIRST BAPTIST CHU…TRI-CITY BAPTIST CHURCH: $38,000 · OtherTRI-CITY BAPTIST …THE HEIGHTS INC: $35,000 · OtherTHE HEIGHTS INCSALVATION ARMY: $29,614 · OtherBOY SCOUTS OF AMERICA GOLDEN EMPIRE COUNCIL: $29,614 · OtherSACRED HEART OF JESUS PARISH: $25,000 · OtherCOMMUNITY BAPTIST CHURCH: $24,488 · OtherFRIENDS OF MITCHELL RESEARCH CENTER: $23,000 · Other+20 more: $205,169 · Other+20 moreSAMARITAN'S PURSE: $45,000 · ReligionNEW MERCIES MINISTRIES INC: $30,000 · ReligionSOLA MEDIA: $15,000 · ReligionCitizens for Traditional Values Foundation: $40,000 · Civil RightsTRUE THE VOTE INC: $33,990 · Civil RightsHILLSDALE COUNTY HISTORICAL SOCIETY: $20,000 · Arts & CultureHILLSDALE COMMUNITY THEATRE INC: $20,000 · Arts & CulturePacific Research Institute For Public Policy: $29,614 · Philanthropy
Education$2,518,891Human Services$647,400Other$604,780Religion$90,000Civil Rights$73,990Arts & Culture$40,000Philanthropy$29,614

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 budgetHC REAL ESTATE HOLDINGS INC: $622,400 over 2y, 100% of budgetUNIVERSITY OF PITTSBURGH: $374,064 over 4y, 0.0% of budgetCSU FULLERTON AUXILIARY SERVICES CORPORATION: $372,217 over 3y, 0.3% of budgetYale University: $371,049 over 3y, 0.0% of budgetST LOUIS UNIVERSITY: $256,988 over 3y, 0.0% of budgetCornell University: $249,914 over 3y, 0.0% of budgetTHE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY: $245,074 over 2y, 0.1% of budgetFaith Baptist Bible College: $117,000 over 1y, 1.2% of budgetTURNING POINT USA INC: $105,000 over 1y, 0.1% of budgetRESPONSIVEED TEXAS: $90,000 over 1y, 0.1% of budgetTHE SAVANNAH CLASSICAL ACADEMY INC: $65,000 over 1y, 1.6% of budgetSEVEN OAKS CLASSICAL SCHOOL INC: $65,000 over 2y, 0.7% of budgetCEDAR CLASSICAL ACADEMY: $55,000 over 1y, 5.8% of budgetNORTHSIDE EDUCATION INC: $50,000 over 2y, 0.3% of budgetGolden View Classical Academy: $50,000 over 2y, 0.4% of budgetSAMARITAN'S PURSE: $45,000 over 2y, 0.0% of budgetCitizens for Traditional Values Foundation: $40,000 over 2y, 14% of budgetTHE HEIGHTS INC: $35,000 over 1y, 0.1% of budgetTRUE THE VOTE INC: $33,990 over 1y, 0.6% of budgetNEW MERCIES MINISTRIES INC: $30,000 over 1y, 6.1% of budgetPacific Research Institute For Public Policy: $29,614 over 1y, 0.4% of budgetBOY SCOUTS OF AMERICA GOLDEN EMPIRE COUNCIL: $29,614 over 1y, 0.6% of budgetTreasure Valley Classical Academy Inc: $25,000 over 1y, 0.4% of budgetHILLSDALE COUNTY HISTORICAL SOCIETY: $20,000 over 1y, 56% of budgetConservative Partnership Institute: $17,000 over 2y, 0.0% of budgetOrphanos Foundation: $15,000 over 2y, 0.2% of budgetSOLA MEDIA: $15,000 over 1y, 0.6% of budgetEMPOWERED INTERNATIONAL INC: $15,000 over 1y, 13% of budgetTHE HEARTLAND INSTITUTE: $15,000 over 1y, 0.4% of budgetMESQUITE CHRISTIAN ACADEMY INC: $13,085 over 1y, 5.7% of budgetDISCOVERY INSTITUTE: $12,000 over 1y, 0.1% of budgetFriends of Cincinnati Classical Academy: $7,500 over 1y, 0.3% of budgetBuilding Twenty One: $5,500 over 1y, 1.4% of budgetWE CARRY KEVAN INC: $5,000 over 1y, 3.3% of budgetLICKING CO COALITION OF CARE: $5,000 over 1y, 1.9% of budgetLIFEWISE INC: $5,000 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.

Donors Trust IncChristian Community F…Edward Jones Foundati…American Endowment Fo…The Blackbaud Giving …Shell USA Company Fou…Verizon FoundationNatl Christian Charit…Renaissance Charitabl…National Philanthropi…Raymond James Charita…Charities Aid Foundat…
Donors Trust IncVA14.2× affinity5 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Donors Trust Inc · Christian Community Foundation Inc · Edward Jones Foundation · American Endowment Foundation · The Blackbaud Giving Fund · Shell USA Company Foundation · Verizon Foundation · Natl Christian Charitable Fdn Inc · Renaissance Charitable Foundation Inc · National Philanthropic Trust · Raymond James Charitable Endowment Fund · Charities Aid Foundation America

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

2024
’20’21’22’23’24’25
no gov · 20%6%25%56%100%funder's share of their income ↑0%13%25%38%50%share of the org’s income from government →median 12%
  • The Trustees of the Stevens Institute of Technology: 12% of income from government
  • Yale University: 12% of income from government
no gov moneyreceives it· size = income
2get no government money at all
7report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–50%
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 62 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

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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