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· Public charity

International Council of Shopping Centers Foundation Inc

The icsc foundation is the philanthropic arm of icsc dedicated to creating a vibrant retail real estate industry responsive to the needs of its members and communities.

$450k
Granted FY2025still arriving
23
Grants FY2025still arriving
14
States reached
$37k
Largest
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 2024.

Education$2.4MPublic Safety & Disaster$500kCommunity Improvement$110kHealth$10kPublic Benefit$10k
02FY2025 · 23 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 23 grants below total $340,531, the rows itemized in this filing. The $450,463 headline is the total grant expense on the return; the other $109,932 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 $10k2 grants · $13k
  • $10k–50k21 grants · $327k
$12,450
Median grant
14
States reached
$20M
Total assets
Largest grants
RecipientAmount
MOREHOUSE COLLEGE$36,750
UNIVERSITY OF WISCONSIN SYSTEM$25,000
THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NY$25,000
NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC$25,000
THE UNIVERSITY OF TEXAS AT AUSTIN$20,000
NEW YORK UNIVERSITY$20,000
LSU FOUNDATION$15,750
THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA$15,600
GEORGIA STATE UNIVERSITY FOUNDATION$14,000
THE PENNSYLVANIA STATE UNIVERSITY$13,000
THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND$12,500
SPELMAN COLLEGE$12,450
YALE UNIVERSITY$11,630
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY$10,526
INDIANA UNIVERSITY$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:

Its human-services grants (FY17–17, $500k) land where the poverty rate runs at 17%, 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%AMERICAN RED CROSS: $500k → 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

VT
NH
WA
ID
IL
WI
MI
NY
MA
IN
OH
PA
NJ
CT
CA
UT
CO
MO
MD
AZ
TN
NC
DC
LA
AL
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.

74%of every dollar goes to organizations it has funded before.
$2.4M · 40 repeat orgs$829k to everyone else

40 repeat relationships: 14 still active in FY2025, 26 since wound down; 7 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

40
25

Total granted

$2.4M
$722k

Median revenue growth · since first grant

+27%
+36%

Still filing today

53%
44%

New vs renewed · share of each year

In FY2025, 65% of grant dollars renewed an existing relationship; $106k 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 ServicesHealthPhilanthropyOther
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

  • TU
    Temple University - Of The Commonwealth System of Higher Education
    6× · 2017–2024 · $83k · revenue +5%
  • NC
    NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC
    3× · 2023–2025 · $75k · revenue +11%
  • TK
    THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION
    2× · 2023–2024 · $73k · revenue +27%

Funded once

  • AN
    American National Red Cross & Its Constituent Chapters and Branchesgraduated
    one grant, 2017 · $500k · revenue +46%
  • TA
    TEXAS A&M UNIVERSITY
    one grant, 2018 · $15k
  • UO
    University of Wisconsin Madison
    one grant, 2019 · $12k
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
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
3
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
4
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
5
Trustees of Tufts College

Education and Research

Education
6
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
7
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
8
Trustees of Boston University

Organization's mission: boston university is an international, comprehensive, private research university, committed to educating students to be reflective, resourceful individuals ready to live, adapt, and lead in an interconnected world.…

—
9
Case Western Reserve University

Case Western Reserve University is an independent, research-oriented university with broadly based strengths in health, including medicine, nursing and dentistry; in engineering; in the arts and sciences; and in law, management and social…

Education
10
Trinity University

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

Education
11
Manhattanville University

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

Education
12
University of Miami

See Form 990, Part I, Line 1, Description of Organization Mission.

Education
How this is measured
The grantee most central to the portfolio’s shape is Georgetown University; the most unlike its peers is Project Reap. 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

44 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. 44 of the 80 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)
0
Early backer (in before they grew)
44/44
Grantees still filing
32/44
Grew since first funded

Where the money sits, by cause and then by grantee

RUTGERS UNIVERSITY FOUNDATION: $256,600 · EducationRUTGERS UNIVERSITY FOUNDATIONFLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC: $248,000 · EducationFLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INCPROJECT REAP: $132,500 · EducationPROJECT REAPTemple University - Of The Commonwealth System of Higher Education: $82,500 · EducationNORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC: $75,000 · EducationTHE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION: $73,000 · EducationNew York University: $70,000 · EducationSouthern Methodist University: $70,000 · EducationTHE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND: $57,500 · Education+29 more: $589,476 · Education+29 moreUNIVERSITY OF TEXAS: $131,000 · OtherUNIVERSITY OF TEXASUNIVERSITY OF WASHINGTON: $95,000 · OtherUNIVERSITY OF WASHINGTONARIZONA STATE UNIVERSITY: $87,500 · OtherARIZONA STATE UNIVERSITYUNIVERSITY OF CONNECTICUT: $86,500 · OtherUNIVERSITY OF CONNECTICUTFLORIDA INTERNATIONAL UNIVERSITY: $78,000 · OtherFLORIDA INTERNATIONAL UNIVERSITYRUTGERS THE STATE UNIVERSITY: $72,600 · OtherRUTGERS THE STATE UNIVERSITYBOARD OF THE UNIVERSITY OF ALABAMA: $65,600 · OtherBOARD OF THE UNIVERSITY OF ALABAMAIndiana University School of Medicine: $59,500 · OtherUNIVERSITY OF WISCONSIN: $55,000 · OtherREGENTS UNIV OF CALIFORNIA: $48,000 · Other+29 more: $439,600 · Other+29 moreAmerican National Red Cross & Its Constituent Chapters and Branches: $500,000 · Human ServicesAmerican Nationa…CAL STATE FULLERTON PHILANTHROPIC FOUNDATION: $30,000 · PhilanthropyDUKE UNIVERSITY HEALTH SYSTEM INC: $10,000 · Health
Education$1,654,576Other$1,218,300Human Services$500,000Philanthropy$30,000Health$10,000

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 budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $500,000 over 1y, 0.0% of budgetRUTGERS UNIVERSITY FOUNDATION: $256,600 over 6y, 0.1% of budgetFLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC: $248,000 over 4y, 0.1% of budgetPROJECT REAP: $132,500 over 5y, 2.3% of budgetTemple University - Of The Commonwealth System of Higher Education: $82,500 over 6y, 0.0% of budgetNORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC: $75,000 over 3y, 0.1% of budgetTHE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION: $73,000 over 2y, 0.1% of budgetNew York University: $70,000 over 5y, 0.0% of budgetSouthern Methodist University: $70,000 over 5y, 0.0% of budgetTHE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND: $57,500 over 6y, 0.0% of budgetLSU FOUNDATION: $50,750 over 6y, 0.0% of budgetCornell University: $45,000 over 2y, 0.0% of budgetBERNARD M BARUCH COLLEGE ASSOCIATION INC: $42,332 over 4y, 0.3% of budgetUNIVERSITY OF WISCONSIN FOUNDATION: $38,950 over 5y, 0.0% of budgetMOREHOUSE COLLEGE: $36,750 over 1y, 0.0% of budgetUNIVERSITY OF SOUTHERN CALIFORNIA: $32,500 over 3y, 0.0% of budgetYale University: $30,500 over 3y, 0.0% of budgetTHE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK: $30,000 over 2y, 0.0% of budgetUNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION INC: $30,000 over 2y, 0.0% of budgetCAL STATE FULLERTON PHILANTHROPIC FOUNDATION: $30,000 over 3y, 0.0% of budgetARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY: $29,552 over 3y, 0.0% of budgetPresident and Fellows of Harvard College: $25,000 over 3y, 0.0% of budgetTHE BARUCH COLLEGE FUND: $22,666 over 2y, 0.1% of budgetTrustees of Dartmouth College: $15,000 over 2y, 0.0% of budgetUNIVERSITY OF SAN DIEGO: $15,000 over 2y, 0.0% of budgetNORTHWEST UNIVERSITY: $15,000 over 2y, 0.0% of budgetGEORGETOWN UNIVERSITY: $15,000 over 2y, 0.0% of budgetGeorgia State University Foundation Inc: $14,000 over 1y, 0.0% of budgetSpelman College: $12,450 over 1y, 0.0% of budgetTHE UNIVERSITY OF FLORIDA FOUNDATION INC: $12,000 over 2y, 0.0% of budgetUNIVERSITY OF DENVER: $12,000 over 1y, 0.0% of budgetTRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: $12,000 over 2y, 0.0% of budgetWASHINGTON UNIVERSITY: $11,026 over 1y, 0.0% of budgetDUKE UNIVERSITY HEALTH SYSTEM INC: $10,000 over 1y, 0.0% of budgetUCLA FOUNDATION: $10,000 over 1y, 0.0% of budgetTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $10,000 over 1y, 0.0% of budgetALEXS LEMONADE STAND FOUNDATION: $10,000 over 1y, 0.0% of budgetBABSON COLLEGE: $10,000 over 1y, 0.0% of budgetNORTHEASTERN UNIVERSITY: $10,000 over 1y, 0.0% of budgetUniversity of Chicago: $8,000 over 1y, 0.0% of budgetOHIO STATE UNIVERSITY FOUNDATION: $7,000 over 1y, 0.0% of budgetResearch Foundation of the City University of New York: $6,000 over 1y, 0.0% of budgetCALIFORNIA STATE UNIVERSITY NORTHRIDGE FOUNDATION: $6,000 over 1y, 0.0% of budgetTHE UNIVERSITY OF TENNESSEE FOUNDATION 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.

  • Who funds American National Red Cross & Its Constituent Chapters and Branches ↗
  • Who funds RUTGERS UNIVERSITY FOUNDATION ↗
  • Who funds FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC ↗
  • Who funds PROJECT REAP ↗
  • Who funds Temple University - Of The Commonwealth System of Higher Education ↗
  • Who funds NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC ↗
  • Who funds THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION ↗
  • Who funds New York University ↗
  • Who funds Southern Methodist University ↗
  • Who funds THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND ↗
  • Who funds LSU FOUNDATION ↗
  • Who funds Cornell University ↗
  • Who funds BERNARD M BARUCH COLLEGE ASSOCIATION INC ↗
  • Who funds UNIVERSITY OF WISCONSIN FOUNDATION ↗
  • Who funds MOREHOUSE COLLEGE ↗
  • Who funds UNIVERSITY OF SOUTHERN CALIFORNIA ↗
  • Who funds Yale University ↗
  • Who funds THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK ↗
  • Who funds UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION INC ↗
  • Who funds CAL STATE FULLERTON PHILANTHROPIC FOUNDATION ↗
  • Who funds ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY ↗
  • Who funds President and Fellows of Harvard College ↗
  • Who funds THE BARUCH COLLEGE FUND ↗

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.

Kpmg US Foundation IncNJ13.5× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: Kpmg US Foundation Inc · 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 International Council of Shopping Centers Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from International Council of Shopping Centers Foundation Inc. Bigger dots raise more.

2025
’20’21’22’23’24’25
no gov · 40%0%1%3%5%funder's share of their income ↑0%10%20%30%40%share of the org’s income from government →median 5%
  • Yale University: 9% of income from government
  • President and Fellows of Harvard College: 5% of income from government
  • Babson College: 0% of income from government
no gov moneyreceives it· size = income
4get no government money at all
3report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–40%
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 80 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

Play a game based on International Council of Shopping Centers’ filings →

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