Skip to content
If Hummingbird Foundation Inc at a glance

· Private foundation

If Hummingbird Foundation Inc

Its FY2025 filing reports that it accepted unsolicited grant applications.

$80k
Granted FY2025still arriving
41
Grants FY2025still arriving
8
States reached
$9k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0191% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Health$823kArts & Culture$466kRecreation & Sports$204kEducation$169kYouth Development$145kInternational$95kPhilanthropy$82kPublic Benefit$60kOther$0
02FY2025 · 41 grants

Where the money goes

Grants by size, and the largest recipients.

$1,000
Median grant
8
States reached
$3.5M
Total assets
Largest grants
RecipientAmount
FRIEND OF MUSIQUE & VIN AU CLOS VOUGEOT INC$8,731
R&S KAYNE FOUNDATION$7,500
MSK$5,500
Individual grant recipient$5,500
CORNELL HILLEL$5,000
MARTHA'S VINEYARD BANK CHARITABLE FOUNDATION INC$5,000
THE KAMEN BRAIN TUMOR FOUNDATION$5,000
MOUNT SINAI HEALTH SYSTEM$5,000
HEADSTRONG$3,000
HEAD OF THE CHARLES REGATTA INC$3,000
CHARLES RIVER WATERSHED ASSOCIATION INC$2,500
JEWISH FEDERATION OF PALM BEACH COUNTY INC$2,500
SAIL MARTHA'S VINEYARD$2,350
WATER SPORTS CENTER$1,780
KRAVIS CENTER$1,500
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:

Its human-services grants (FY17–25, $73k) land where the poverty rate runs at 16%, against an area that typically sits at 10%. 89% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%BLINKNOW FOUNDATION: $500 → 4%Exceptional Children's Foundation: $5k → 14%Green City Force: $500 → 20%RIP MEDICAL DEBT: $2k → 13%STRONG WOMEN STRONG GIRLS: $500 → 16%THE BLUE CARD: $180 → 17%Good Foundation: $2k → 17%INTERNATIONAL REFUGEE ASSISTANCE PROJECT: $15k → 17%MARTHA'S VINEYARD COMMUNITY SERVICES: $1k → 8%HOSPICE & PALLATIVE CARE OF MV: $1k → 8%HOSPICE & PALLATIVE CARE OF MV: $1k → 8%GLAMOURGALS FOUNDATION: $1k → 17%CHILDREN IN CONFLICT: $500 → 17%HOSPICE & PALLATIVE CARE OF MV: $720 → 8%GLAMOUR GALS FOUNDATION: $440 → 17%Martha's Vineyard Community Services: $500 → 8%SOLUTIONS NOW FOUNDATION: $250 → 17%AQUINNAHGAY HEAD COMMUNITY ASSOCIATION: $1k → 8%aquinnahGay Head Community Association: $1k → 8%AQUINNAHGAY HEAD COMMUNITY ASSOCIATION: $500 → 8%AQUINNAH COMMUNITY ASSOCIATION: $250 → 8%MOUNT SINAI HEALTH SYSTEM: $5k → 17%MOUNT SINAI HEALTH SYSTEM: $5k → 17%CHILDREN IN CONFLICT: $3k → 17%MOUNT SINAI HEALTH SYSTEM: $13k → 17%MOUNT SINAI HEALTH SYSTEM: $13k → 17%YAMBA MALAWI: $250 → 17%HENRY STREET SETTLEMENT: $30 → 17%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

ME
VT
WA
MN
IL
MI
NY
MA
OR
OH
PA
NJ
CT
RI
CA
UT
CO
MD
AZ
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.

73%of every dollar goes to organizations it has funded before.
$1.8M · 142 repeat orgs$655k to everyone else

Grantees it renews have grown median revenue +31% since the first grant, against +13% for those funded once.

142 repeat relationships: 20 still active in FY2025, 122 since wound down; 19 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

142
198

Total granted

$1.8M
$617k

Median revenue growth · since first grant

+31%
+13%

Still filing today

63%
48%

New vs renewed · share of each year

In FY2025, 50% of grant dollars renewed an existing relationship; $39k 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
Arts & CultureHealthEducationInternationalHuman ServicesPhilanthropyOther
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

  • NY
    NEW YORK CITY BALLET INC
    5× · 2017–2021 · $137k · revenue +21%
  • TH
    The Hospital for Special Surgery Fund Inc
    4× · 2017–2020 · $110k · revenue +102%
  • MY
    MV YOUTH INC
    5× · 2017–2021 · $105k · revenue +20%

Funded once

  • WC
    WEILL CORNELL MEDICAL COLLEGE
    one grant, 2018 · $200k
  • NY
    NEW YORK STEM CELL FOUNDATION INC
    one grant, 2017 · $65k · revenue -32%
  • WO
    Words of War Benefit
    one grant, 2017 · $33k
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
Manhattanville University

To educate students to be ethical and socially responsible leaders in a global community.

Education
2
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
3
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
4
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
5
The Paris Review Foundation Inc

The mission of the organization is to foster the development of creative individuals as writers and artists and to promote public appreciation of excellence in the literary and graphic arts by publishing a magazine containing fiction,…

Education
6
New York School of Interior Design

New york school of interior design provides the most innovative, immersive, and transformative interior design education in the world, demonstrating the impact of professionally designed interiors on the health, happiness, and well-being…

Education
7
Boston Architectural College

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

—
8
The Baruch College Fund

The baruch college fund is an organization engaged in generating, encouraging and promoting the educational welfare of the students of the bernard m. baruch college of the city university of new york.

Education
9
Governors Island Corporation

The governors island corporation, doing business as the trust for governors island, is the 501(c)(3) not-for-profit organization created by the city of new york and charged with the planning, redevelopment and ongoing operations of 150…

Animals
10
Fordham University

Fordham university, the jesuit university of new york, is committed to the discovery of wisdom and the transmission of learning, through research and through education of the highest quality. for more information, see schedule o.

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
Manhattan Institute for Policy Research Inc

The manhattan institute is a community of scholars, journalists, activists, and civic leaders dedicated to advancing opportunity, individual liberty, and the rule of law in america and its great cities.

Public Benefit
How this is measured
The grantee most central to the portfolio’s shape is Children's Museum of Manhattan; the most unlike its peers is Martha's Vineyard Bank Charitable Foundation 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

203 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. 203 of the 363 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)
45
Early backer (in before they grew)
199/203
Grantees still filing
136/203
Grew since first funded

Where the money sits, by cause and then by grantee

WEILL CORNELL MEDICAL COLLEGE: $200,000 · OtherWEILL CORNELL MEDICAL COLLEGENYSCF (NEW YORK STEM CELL FOUNDATION): $125,250 · OtherNYSCF (NEW YORK STEM CELL FOUNDATION)HEADSTRONG: $124,253 · OtherHEADSTRONGIndividual grant recipient: $100,000 · OtherIndividual grant recipientIndividual grant recipient: $76,500 · OtherIndividual grant recipient92Y: $42,809 · Other+118 more: $582,233 · Other+118 moreNEW YORK CITY BALLET INC: $137,000 · Arts & CultureNEW YORK CITY BA…FACING HISTORY & OURSELVES INC: $70,800 · Arts & CultureFACING HISTORY &…LINCOLN CENTER FOR THE PERFORMING ARTS INC: $26,520 · Arts & CultureLINCOLN CENTER F…MANHATTAN THEATRE CLUB INC: $11,500 · Arts & Culture+22 more: $95,884 · Arts & Culture+22 moreThe Hospital for Special Surgery Fund Inc: $110,000 · HealthThe Hospital …NEW YORK STEM CELL FOUNDATION INC: $65,000 · HealthNEW YORK STEM…THE KAMEN BRAIN TUMOR FOUNDATION: $40,000 · HealthTHE KAMEN BRA…BILL HILLARY & CHELSEA CLINTON FOUNDATION: $38,284 · HealthBILL HILLARY …THE CHILDREN'S HEARING INSTITUTE INC: $10,500 · Health+8 more: $16,813 · Health+8 moreROW NEW YORK INC: $165,750 · Recreation & Sports+4 more: $8,325 · Recreation & SportsMV YOUTH INC: $104,819 · Youth DevelopmentTHE LOWER EAST SIDE GIRLS CLUB OF NEW YORK INC: $15,000 · Youth Development+2 more: $2,875 · Youth DevelopmentBLUE ENGINE INC: $19,680 · EducationUBUNTU PATHWAYS INC: $15,775 · EducationCornell University: $15,000 · EducationTeachers College Columbia University: $10,000 · EducationAMERICANS FOR OXFORD INC: $10,000 · EducationTHE POPTECH INSTITUTE: $10,000 · EducationBY KIDS INC: $9,515 · EducationTHE NEW YORK OPPORTUNITY NETWORK INC DBA THE OPPORTUNITY NETWORK: $5,000 · EducationTHE CLARKE SCHOOL FOR THE DEAF CLARKE SCHOOLS FOR HEARING AND SPEECH: $5,000 · EducationMARTHA'S VINEYARD BANK CHARITABLE FOUNDATION INC: $5,000 · EducationICAHN SCHOOL OF MEDICINE AT MOUNT SINAI: $5,000 · Education+6 more: $10,490 · EducationMOUNT SINAI HEALTH SYSTEM INC: $35,000 · Human ServicesINTERNATIONAL REFUGEE ASSISTANCE PROJECT INC: $15,000 · Human ServicesEXCEPTIONAL CHILDREN'S FOUNDATION: $5,000 · Human ServicesCHILDREN IN CONFLICT INC: $3,900 · Human ServicesSANCTUARY FOR FAMILIES INC: $3,000 · Human ServicesAquinnah Community Association Inc: $2,750 · Human ServicesHOSPICE OF MARTHA'S VINEYARD INC DBA HOSPICE AND PALLIATIVE CARE OF MARTHA'S: $2,720 · Human Services+4 more: $6,365 · Human Services
Other$1,251,045Arts & Culture$341,704Health$280,597Recreation & Sports$174,075Youth Development$122,694Education$120,460Human Services$73,735

Showing the 200 largest grantees by grant value.

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetROW NEW YORK INC: $165,750 over 6y, 0.9% of budgetNEW YORK CITY BALLET INC: $137,000 over 5y, 0.1% of budgetThe Hospital for Special Surgery Fund Inc: $110,000 over 4y, 0.1% of budgetMV YOUTH INC: $104,819 over 5y, 1.4% of budgetFACING HISTORY & OURSELVES INC: $70,800 over 8y, 0.1% of budgetTHE KAMEN BRAIN TUMOR FOUNDATION: $40,000 over 5y, 2.8% of budgetBILL HILLARY & CHELSEA CLINTON FOUNDATION: $38,284 over 5y, 0.1% of budgetMOUNT SINAI HEALTH SYSTEM INC: $35,000 over 4y, 0.0% of budgetLINCOLN CENTER FOR THE PERFORMING ARTS INC: $26,520 over 5y, 0.0% of budgetBLUE ENGINE INC: $19,680 over 1y, 0.4% of budgetVITAL VOICES GLOBAL PARTNERSHIP INC: $19,180 over 1y, 0.1% of budgetCITY YEAR INC: $18,450 over 2y, 0.0% of budgetCOUNCIL ON FOREIGN RELATIONS INC: $17,500 over 2y, 0.0% of budgetTHE PHILANTHROPY WORKSHOP INC DBA FORWARD GLOBAL: $17,500 over 3y, 0.5% of budgetTHE COMMON GOOD FORUM INC: $15,999 over 8y, 2.1% of budgetUBUNTU PATHWAYS INC: $15,775 over 5y, 0.4% of budgetSHERIFF'S MEADOW FOUNDATION: $15,000 over 6y, 0.5% of budgetTHE LOWER EAST SIDE GIRLS CLUB OF NEW YORK INC: $15,000 over 3y, 0.2% of budgetCornell University: $15,000 over 5y, 0.0% of budgetMANHATTAN THEATRE CLUB INC: $11,500 over 4y, 0.0% of budgetTHE CHILDREN'S HEARING INSTITUTE INC: $10,500 over 2y, 1.5% of budgetTeachers College Columbia University: $10,000 over 2y, 0.0% of budgetLIONSHARE EDUCATIONAL ORGANIZATION INC: $10,000 over 1y, 6.2% of budgetSHARE OUR STRENGTH: $10,000 over 2y, 0.0% of budgetBABY2BABY: $10,000 over 4y, 0.0% of budgetAMERICANS FOR OXFORD INC: $10,000 over 2y, 0.0% of budgetTHE POPTECH INSTITUTE: $10,000 over 1y, 1.1% of budgetSAIL MARTHA'S VINEYARD INC: $9,950 over 5y, 0.4% of budgetBY KIDS INC: $9,515 over 3y, 1.8% of budgetNEW YORK SHAKESPEARE FESTIVAL: $9,500 over 5y, 0.0% of budgetANIMAL HAVEN INC: $7,500 over 2y, 0.2% of budgetCANDID: $7,500 over 1y, 0.0% of budgetNEW YORK CITY CENTER INC: $7,140 over 3y, 0.0% of budgetBALLET THEATRE FOUNDATION INC: $6,500 over 2y, 0.0% of budgetMETROPOLITAN MUSEUM OF ART: $5,883 over 6y, 0.0% of budgetFRIENDS OF THE HIGH LINE INC: $5,750 over 6y, 0.0% of budgetWOMEN FOR WOMEN INTERNATIONAL: $5,500 over 3y, 0.0% of budgetCOMMUNITY ROWING INC: $5,500 over 2y, 0.1% of budgetWHITNEY MUSEUM OF AMERICAN ART: $5,166 over 5y, 0.0% of budgetGIRL BE HEARD INSTITUTE: $5,065 over 2y, 0.2% of budgetTHE NEW YORK OPPORTUNITY NETWORK INC DBA THE OPPORTUNITY NETWORK: $5,000 over 1y, 0.1% of budgetTHE CLARKE SCHOOL FOR THE DEAF CLARKE SCHOOLS FOR HEARING AND SPEECH: $5,000 over 1y, 0.1% of budgetTHE AUSCHWITZ JEWISH CENTER FOUNDATION: $5,000 over 1y, 1.1% of budgetMARTHA'S VINEYARD BANK CHARITABLE FOUNDATION INC: $5,000 over 1y, 0.2% of budgetUniversity of Michigan: $5,000 over 1y, 1.9% of budgetEXCEPTIONAL CHILDREN'S FOUNDATION: $5,000 over 1y, 0.0% of budgetNEW YORK-PRESBYTERIAN FUND INC: $5,000 over 1y, 0.0% of budgetICAHN SCHOOL OF MEDICINE AT MOUNT SINAI: $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.

  • Who funds ROW NEW YORK INC ↗
  • Who funds NEW YORK CITY BALLET INC ↗
  • Who funds The Hospital for Special Surgery Fund Inc ↗
  • Who funds MV YOUTH INC ↗
  • Who funds FACING HISTORY & OURSELVES INC ↗
  • Who funds NEW YORK STEM CELL FOUNDATION INC ↗
  • Who funds THE KAMEN BRAIN TUMOR FOUNDATION ↗
  • Who funds BILL HILLARY & CHELSEA CLINTON FOUNDATION ↗
  • Who funds MOUNT SINAI HEALTH SYSTEM INC ↗
  • Who funds LINCOLN CENTER FOR THE PERFORMING ARTS INC ↗
  • Who funds BLUE ENGINE INC ↗
  • Who funds VITAL VOICES GLOBAL PARTNERSHIP INC ↗
  • Who funds CITY YEAR INC ↗
  • Who funds COUNCIL ON FOREIGN RELATIONS INC ↗
  • Who funds THE PHILANTHROPY WORKSHOP INC DBA FORWARD GLOBAL ↗
  • Who funds THE COMMON GOOD FORUM INC ↗
  • Who funds UBUNTU PATHWAYS INC ↗
  • Who funds INTERNATIONAL REFUGEE ASSISTANCE PROJECT INC ↗
  • Who funds SHERIFF'S MEADOW FOUNDATION ↗
  • Who funds THE LOWER EAST SIDE GIRLS CLUB OF NEW YORK INC ↗
  • Who funds Cornell University ↗
  • Who funds MANHATTAN THEATRE CLUB INC ↗
  • Who funds THE CHILDREN'S HEARING INSTITUTE INC ↗
  • Who funds Teachers College Columbia University ↗
  • Who funds LIONSHARE EDUCATIONAL ORGANIZATION INC ↗
  • Who funds SHARE OUR STRENGTH ↗

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.

The Goldman Sachs Cha…Martha's Vineyard Ban…The Peter and Elizabe…Jewish Communal FundThe New York Communit…Boston Foundation IncMartha's Vineyard Com…Gretchen V & Samuel M…Gund Geoffrey FdnSouth Mountain Compan…Tower Family Fund IncAmerican Express Foun…
The Goldman Sachs Charitable Gift FundNY30.8× affinity22 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Goldman Sachs Charitable Gift Fund · Martha's Vineyard Bank Charitable Foundation Inc · The Peter and Elizabeth C Tower Foundation · Jewish Communal Fund · The New York Community Trust · Boston Foundation Inc · Martha's Vineyard Community Foundation Inc · Gretchen V & Samuel M Feldman Private Foundation Inc · Gund Geoffrey Fdn · South Mountain Company Foundation · Tower Family Fund Inc · American Express 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 If Hummingbird Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from If Hummingbird Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 250%0%1%3%5%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 3%
  • Martha's Vineyard Community Foundation Inc: 34% of income from government
  • The Yard Inc: 28% of income from government
  • City Year Inc: 11% of income from government
  • Brandeis University: 9% of income from government
  • Charles River Watershed Association Inc: 8% of income from government
  • Boys & Girls Club of Greenwich: 7% of income from government
  • Hospice of Martha's Vineyard Inc Dba Hospice and Palliative Care of Martha's: 5% of income from government
  • Sassafras Earth Education Inc: 3% of income from government
  • Martha's Vineyard Community Services Inc: 3% of income from government
  • Sheriff's Meadow Foundation: 2% of income from government
  • Community Rowing Inc: 2% of income from government
  • Martha's Vineyard Playhouse Inc: 2% of income from government
  • Martha's Vineyard Film Society Inc: 2% of income from government
  • Island Housing Trust Corporation: 1% of income from government
  • The Clarke School for the Deaf Clarke Schools for Hearing and Speech: 1% of income from government
  • Sail Martha's Vineyard Inc: 1% of income from government
  • Friends of Mvyradio Inc: 1% of income from government
  • Island Grown Initiative Ltd: 0% of income from government
no gov moneyreceives it· size = income
25get no government money at all
43report 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
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 363 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 If Hummingbird’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