Skip to content

· Public charity

Icon360 Inc

Icon360's mission is to provide financial resources and industry connections for hbcus and marginalized desginers of color to achieve sustainable growth in the fashion industry.

$200k
Granted FY2024still arriving
5
Grants FY2024still arriving
5
States reached
$90k
Largest
01What it funds
0196% classified

What it funded, over time

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

Education$1.2MHuman Services$24kOther$0
02FY2024 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 5 grants below total $195,420, the rows itemized in this filing. The $200,420 headline is the total grant expense on the return; the other $5,000 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 · FY2024

  • Under $10k2 grants · $15k
  • $10k–50k1 grant · $24k
  • $50k–250k2 grants · $156k
$24,000
Median grant
5
States reached
$286k
Total assets
Largest grants
RecipientAmount
Individual grant recipient$90,000
BOWIE STATE UNIVERSITY$66,420
Neiman Marcus Group$24,000
Howard University$7,500
NORTH CAROLINA A&T STATE UNIV$7,500
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 (FY21–24) land where the poverty rate runs at 15%, against an area that typically sits at 11%. 94% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%DELAWARE STATE UNIVERSITY: $50k → 11%Harlem Fashion Row: $90k → 20%Neiman Marcus Group: $24k → 14%UNIVERSITY OF ARKANSAS AT PIN: $30k → 22%HOWARD UNIVERSITY: $50k → 14%TENNESSEE STATE UNIVERSITY: $50k → 14%NORTH CAROLINA CENTRAL UNIVERSITY: $100k → 11%NORTH CAROLINA A&T STATE UNIVERSITY: $100k → 16%CLARK ATLANTA UNIVERSITY: $75k → 13%NORFOLK STATE UNIVERSITY: $50k → 19%BOWIE STATE UNIVERSITY: $66k → 11%UNIVERSITY OF MARYLAND EASTER: $100k → 22%DELAWARE STATE UNIVERSITY: $30k → 11%UNIVERSITY OF ARKANSAS AT PINE BLUFF: $20k → 22%Howard University: $8k → 14%TENNESSEE STATE UNIVERSITY: $50k → 14%NORTH CAROLINA CENTRAL UNIVER: $50k → 11%NORTH CAROLINA A&T STATE UNIV: $100k → 16%CLARK ATLANTA UNIVERSITY: $41k → 13%NORFOLK STATE UNIVERSITY: $20k → 19%BOWIE STATE UNIVERSITY: $55k → 11%UNIVERSITY OF MARYLAND EASTERN SHORE: $50k → 22%NORTH CAROLINA A&T STATE UNIV: $8k → 16%BOWIE STATE UNIVERSITY: $50k → 11%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

NY
VA
MD
DE
AR
TN
NC
DC
GA
TX
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.

87%of every dollar goes to organizations it has funded before.
$1.1M · 9 repeat orgs$164k to everyone else

9 repeat relationships: 3 still active in FY2024, 6 since wound down; 2 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

9
2

Total granted

$1.1M
$50k

Median revenue growth · since first grant

+29%
+79%

Still filing today

67%
50%

New vs renewed · share of each year

In FY2024, 42% of grant dollars renewed an existing relationship; $114k went to new ones.

50%100%’21’22’24
RenewedFirst-time
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

  • TF
    The Foundation for NC A&T State University
    3× · 2021–2024 · $208k · revenue ×21
  • CA
    Clark Atlanta University Inc
    2× · 2021–2022 · $116k · revenue +18%
  • DS
    DELAWARE STATE UNIVERSITY
    2× · 2021–2022 · $80k · revenue +29%

Funded once

  • UO
    UNIVERSITY OF ARKANSAS AT PINE BLUFF
    one grant, 2022 · $30k
  • UO
    University of Arkansas Pine Bluff Ark AM&N Alumni Associationgraduated
    one grant, 2021 · $20k · revenue +79%
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
04the grantee network

7 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. 7 of the 13 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)
7/7
Grantees still filing
6/7
Grew since first funded

Where the money sits, by cause and then by grantee

The Foundation for NC A&T State University: $207,500 · OtherThe Foundation for NC A&T State UniversityNORTH CAROLINA CENTRAL UNIVERSITY: $150,000 · OtherNORTH CAROLINA CENTRAL UNIVERSITYUNIVERSITY OF MARYLAND COLLEGE PARK: $150,000 · OtherUNIVERSITY OF MARYLAND COLLEGE PARKTennessee State University: $100,000 · OtherTennessee State UniversityIndividual grant recipient: $90,000 · OtherIndividual grant recipientUNIVERSITY OF ARKANSAS AT PINE BLUFF: $30,000 · Other+1 more: $24,000 · OtherBOWIE STATE UNIVERSITY FOUNDATION INC: $171,420 · EducationBOWIE STATE UNIVERSITY FOUNDATION INCClark Atlanta University Inc: $116,250 · EducationClark Atlanta University IncDELAWARE STATE UNIVERSITY: $80,000 · EducationDELAWARE STATE UNIVERSITYNORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY: $70,000 · EducationNORFOLK STATE UNIVERSITY FOUNDATION INC AND SU…THE HOWARD UNIVERSITY: $57,500 · EducationTHE HOWARD UNIVERSITYUniversity of Arkansas Pine Bluff Ark AM&N Alumni Association: $20,000 · Education
Other$751,500Education$515,170

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 budgetThe Foundation for NC A&T State University: $207,500 over 3y, 18% of budgetBOWIE STATE UNIVERSITY FOUNDATION INC: $171,420 over 3y, 0.8% of budgetClark Atlanta University Inc: $116,250 over 2y, 0.0% of budgetDELAWARE STATE UNIVERSITY: $80,000 over 2y, 0.0% of budgetNORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY: $70,000 over 2y, 0.6% of budgetTHE HOWARD UNIVERSITY: $57,500 over 2y, 0.0% of budgetUniversity of Arkansas Pine Bluff Ark AM&N Alumni Association: $20,000 over 1y, 8.1% 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.

National Collegiate Athletic AssociationIN15.6× affinity5 shared granteesties to 7 of 7Hover any node to trace its alignments.Compare side by side →

Open a dossier: National Collegiate Athletic Association · Thurgood Marshall College Fund · Executive Leadership Council · American Chemical Society · Tulsa Community Foundation · The Blackbaud Giving Fund · 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 Icon360 Inc funds: left to right is the share of its income from government, bottom to top the share from Icon360 Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%5%11%20%funder's share of their income ↑0%15%30%45%60%share of the org’s income from government →median 18%
  • Delaware State University: 18% of income from government
no gov moneyreceives it· size = income
0get no government money at all
1report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–60%
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 13 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Icon360’s filings →

More from the funding graph