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· Private foundation

John S Carpenter Trust Para 23

Its FY2025 filing reports that it accepted unsolicited grant applications.

$39k
Granted FY2025still arriving
8
Grants FY2025still arriving
5
States reached
$5k
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 2025.

Education$387kScience & Tech$17k
02FY2025 · 8 grants

Where the money goes

Grants by size, and the largest recipients.

$4,875
Median grant
5
States reached
$738k
Total assets
Largest grants
RecipientAmount
UNIVERSITY OF DELAWARE$4,875
CLEMSON UNIVERSITY$4,875
THE COLLEGE OF NEW JERSEY$4,875
ROWAN UNIVERSITY$4,875
SPELMAN COLLEGE$4,875
LEHIGH UNIVERSITY$4,875
HAVERFORD COLLEGE$4,875
KEAN UNIVERSITY$4,875
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 (FY25–25) land where the poverty rate runs at 11%, against an area that typically sits at 8%. 88% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%UNIVERSITY OF DELAWARE: $5k → 10%HAVERFORD COLLEGE: $5k → 10%LEHIGH UNIVERSITY: $5k → 11%CLEMSON UNIVERSITY: $5k → 16%SPELMAN COLLEGE: $5k → 13%ROWAN UNIVERSITY: $5k → 8%KEAN UNIVERSITY: $5k → 10%THE COLLEGE OF NEW JERSEY: $5k → 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
PA
NJ
MD
DE
SC
DC
GA
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.

63%of every dollar goes to organizations it has funded before.
$247k · 17 repeat orgs$145k to everyone else

17 repeat relationships: 3 still active in FY2025, 14 since wound down; 4 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

17
19

Total granted

$247k
$125k

Median revenue growth · since first grant

+21%
+180%

Still filing today

41%
5%

New vs renewed · share of each year

In FY2025, 43% of grant dollars renewed an existing relationship; $20k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
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

  • SU
    STOCKTON UNIVERSITY FOUNDATION
    3× · 2018–2021 · $18k · revenue +201%
  • UNIVERSITY OF DELAWARE
    3× · 2019–2025 · $17k · revenue +21%
  • MU
    MESSIAH UNIVERSITY
    3× · 2017–2019 · $17k · revenue +9%

Funded once

  • RU
    RUTGERS UNIVERSITY
    one grant, 2017 · $11k
  • ED
    ELISE DAVENPORT CO MESSIAH COLLEGE
    one grant, 2020 · $7k
  • SS
    SARAH SHARP CO STOCKTON UNIVERSITY
    one grant, 2020 · $7k
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
Albright College

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

Education
2
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
3
President and Fellows of Harvard College

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

Education
4
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
5
Manhattanville University

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

Education
6
Gettysburg College

Gettysburg college is a residential, undergraduate college of the liberal arts and sciences.

Education
7
Delaware Valley University

See schedule o.we are inspired by the ideals of our founder who, in 1896, emphasized respect for all people and ideas, who honored knowledge with practice, progress and the common good. our historical commitment to experiential learning…

—
8
DePauw University

Depauw university develops leaders the world needs through an uncommon commitment to the liberal arts. depauw's diverse and inclusive learning and living experience, distinctive in its rigorous intellectual engagement and its global and…

Education
9
Western New England University

Western new england university, a comprehensive private institution with a tradition of excellence in teaching and scholarship and a commitment to service, awards undergraduate, master's, and doctoral degrees in various departments from…

Education
10
The Catholic University of America

As the national university of the catholic church in the united states, founded and sponsored by the bishops of the country with the approval of the holy see, the catholic university of america is committed to being a comprehensive…

Education
11
Boston Architectural College

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

—
12
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
How this is measured
The grantee most central to the portfolio’s shape is Corporation of Haverford College; the most unlike its peers is Salem Community College Foundation. 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

11 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. 11 of the 41 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)
1
Early backer (in before they grew)
11/11
Grantees still filing
8/11
Grew since first funded

Where the money sits, by cause and then by grantee

ROWAN UNIVERSITY: $28,875 · OtherROWAN UNIVERSITYSTOCKTON UNIVERSITY FOUNDATION: $17,500 · OtherSTOCKTON UNIVERSITY FOUNDATIONUNIVERSITY OF DELAWARE: $16,875 · OtherUNIVERSITY OF DELAWAREGEORGIA INSTITUTE OF TECHNOLOGY: $16,500 · OtherGEORGIA INSTITUTE OF TECHNOLOGYALEXA ROSE DEVILME CO SPELMAN COLLEGE: $13,571 · OtherELINOR FRANK CO BLOOMSBURG UNIVERSITY: $13,571 · OtherTHE UNIV OF TAMPA FBO AALIYAH HOLDEN: $11,500 · OtherSPELMAN COLLEGE FBO ALEXA ROSE DEVILME: $11,500 · OtherBARD COLLEGE FBO REMI VANGEEM: $11,500 · OtherUNIV OF DELAWARE FBO KAITLYN MAY: $11,500 · OtherBLOOMSBURG UNIV FBO ELINOR FRANK: $11,500 · OtherTHE COLLEGE OF NEW JERSEY: $11,375 · OtherRUTGERS UNIVERSITY: $11,000 · Other+19 more: $117,605 · Other+19 moreMESSIAH UNIVERSITY: $16,500 · EducationMESSIAH UNIVERSITYThe George Washington University: $16,500 · EducationThe George Washington Unive…RUTGERS UNIVERSITY FOUNDATION: $16,500 · EducationRUTGERS UNIVERSITY FOUNDATI…CORPORATION OF HAVERFORD COLLEGE: $11,375 · EducationCORPORATION OF HAVERFORD CO…NEUMANN UNIVERSITY: $11,000 · EducationNEUMANN UNIVERSITYSALEM COMMUNITY COLLEGE FOUNDATION: $11,000 · EducationSALEM COMMUNITY COLLEGE FOU…BARD COLLEGE: $6,500 · EducationBARD COLLEGELEHIGH UNIVERSITY: $4,875 · EducationSpelman College: $4,875 · Education
Other$304,372Education$99,125

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

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetSTOCKTON UNIVERSITY FOUNDATION: $17,500 over 3y, 0.1% of budgetUNIVERSITY OF DELAWARE: $16,875 over 3y, 0.0% of budgetMESSIAH UNIVERSITY: $16,500 over 3y, 0.0% of budgetThe George Washington University: $16,500 over 3y, 0.0% of budgetRUTGERS UNIVERSITY FOUNDATION: $16,500 over 2y, 0.0% of budgetCORPORATION OF HAVERFORD COLLEGE: $11,375 over 2y, 0.0% of budgetNEUMANN UNIVERSITY: $11,000 over 2y, 0.0% of budgetSALEM COMMUNITY COLLEGE FOUNDATION: $11,000 over 2y, 1.9% of budgetBARD COLLEGE: $6,500 over 1y, 0.0% of budgetLEHIGH UNIVERSITY: $4,875 over 1y, 0.0% of budgetSpelman College: $4,875 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 STOCKTON UNIVERSITY FOUNDATION ↗
  • Who funds UNIVERSITY OF DELAWARE ↗
  • Who funds MESSIAH UNIVERSITY ↗
  • Who funds The George Washington University ↗
  • Who funds RUTGERS UNIVERSITY FOUNDATION ↗
  • Who funds CORPORATION OF HAVERFORD COLLEGE ↗
  • Who funds NEUMANN UNIVERSITY ↗
  • Who funds SALEM COMMUNITY COLLEGE FOUNDATION ↗
  • Who funds BARD COLLEGE ↗
  • Who funds LEHIGH UNIVERSITY ↗
  • Who funds Spelman College ↗

How much its grantees rely on government

Each dot is one organization John S Carpenter Trust Para 23 funds: left to right is the share of its income from government, bottom to top the share from John S Carpenter Trust Para 23. Bigger dots raise more.

2025
’20’21’22’23’24’25
no gov · 30%0%1%3%5%funder's share of their income ↑0%8%15%22%30%share of the org’s income from government →median 25%
  • University of Delaware: 25% of income from government
no gov moneyreceives it· size = income
3get no government money at all
0rely on government for over half their income
⤢ axis zoomed · 0–30%
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 41 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

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