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Linda I Smith Foundation at a glance

· Private foundation

Linda I Smith Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$238k
Granted FY2025still arriving
32
Grants FY2025still arriving
1
States reached
$20k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
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.

Health$430kAnimals$359kHuman Services$295kArts & Culture$251kYouth Development$116kPublic Safety & Disaster$83kReligion$74kEducation$69kOther$0
02FY2025 · 32 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k23 grants · $132k
  • $10k–50k9 grants · $107k
$6,000
Median grant
1
States reached
$2.1M
Total assets
Largest grants
RecipientAmount
PACIFIC MARINE MAMMAL CENTER$20,000
RED BUCKET EQUINE RESCUE$14,700
WAY OUT WEST EQUINE RESCUE$11,500
OCEAN INSTITUTE$10,500
THE TEEN PROJECT INC$10,000
PATRIOTIC SERVICE DOG$10,000
CDF FIREFIGHTERS BENEVOLENT FOUNDATION$10,000
CATERINA'S CLUB$10,000
Individual grant recipient$10,000
LAGUNA COLLEGE OF ART DESIGN$8,000
KIDSINGERS$8,000
NEW DIRECTIONS FOR WOMEN$7,500
KIDWORKS$7,500
SHEA THERAPEUTIC RIDING CENTER$7,500
BLUE STAR RANCH$7,200
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, $242k) land where the poverty rate runs at 11%, against an area that typically sits at 10%. 30% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 10%CDF FIREFIGHTERS BENEVOLENT FOUNDATION: $10k → 12%CDF FIREFIGHTERS BENEVOLENT FOUNDATION: $10k → 12%CDF FIREFIGHTERS BENEVOLENT FOUNDATION: $10k → 12%CANINE SUPPORT TEAMS INC: $5k → 11%CDF FIREFIGHTERS BENEVOLENT FOUNDATION: $10k → 12%CANINE SUPPORT TEAMS INC: $5k → 11%CDF FIREFIGHTERS BENEVOLENT FOUNDATION: $8k → 12%CDF FIREFIGHTERS BENEVOLENT FOUNDATION: $5k → 12%CDF FIREFIGHTERS' BENEVOLENT FNDN: $5k → 12%CDF FIREFIGHTERS' BENEVOLENT FNDN: $5k → 12%PATRIOTS AND PAWS: $8k → 10%PATRIOTS AND PAWS: $3k → 10%PATRIOTS AND PAWS: $3k → 10%FURNISHING HOPE: $5k → 10%FURNISHING HOPE: $5k → 10%FURNISHING HOPE: $5k → 10%KIDWORKS: $8k → 10%KIDWORKS: $8k → 10%KIDWORKS: $8k → 10%KIDWORKS: $8k → 10%KIDWORKS: $8k → 10%KIDWORKS: $8k → 10%KIDWORKS: $5k → 10%KIDWORKS: $5k → 10%KIDWORKS: $3k → 10%FALLEN FIRE FIGHTER RELIEF FUND: $5k → 10%CATERINA'S CLUB: $15k → 10%CATERINA'S CLUB: $10k → 10%CATERINA'S CLUB: $10k → 10%CATERINA'S CLUB: $10k → 10%CATERINA'S CLUB: $10k → 10%CATERINA'S CLUB: $10k → 10%CATERINA'S CLUB: $8k → 10%CATERINA'S CLUB: $7k → 10%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.
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.

95%of every dollar goes to organizations it has funded before.
$1.8M · 46 repeat orgs$90k to everyone else

Grantees it renews have grown median revenue +23% since the first grant, against +9% for those funded once.

46 repeat relationships: 28 still active in FY2025, 18 since wound down; 3 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

46
14

Total granted

$1.8M
$75k

Median revenue growth · since first grant

+23%
+9%

Still filing today

76%
79%

New vs renewed · share of each year

In FY2025, 94% of grant dollars renewed an existing relationship; $15k 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
HealthHuman ServicesAnimalsRecreation & SportsEducationArts & CultureOther
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

  • FO
    FRIENDS OF THE SEA LIONS INC DBA PACIFIC MARINE MAMMAL CENTER
    9× · 2017–2025 · $153k · revenue +51%
  • JS
    JF SHEA THERAPEUTIC RIDING CENTER INC FKA FRAN JOSWICK THERAP RIDING CTR INC
    9× · 2017–2025 · $80k · revenue +101%
  • CC
    CATERINAS CLUB
    8× · 2018–2025 · $80k · revenue +87%

Funded once

  • SP
    SEQUOIA PARKS CONSERVANCY
    one grant, 2021 · $15k · revenue +6%
  • ZS
    ZOOLOGICAL SOCIETY OF SAN DIEGOgraduated
    one grant, 2020 · $10k · revenue +77%
  • PF
    PAWZ FOR WOUNDED VETERANS
    one grant, 2017 · $8k
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
The California Wildlife Center

The california wildlife center (cwc) takes responsibility for the protection of all native wildlife through rehabilitiation, education and conservation. as the los angeles area's premier wildlife medical care and rehabilitation facility,…

Health
2
Society for the Prevention of Cruelty to Animals for Monterey County

The SPCA Monterey County's Mission is assuring compassionate treatment of all animals through rescue, rehabilitation, protection and education. The SPCA shelters homeless, neglected, and abused pets, including dogs, cats, horses, exotic…

Animals
3
Marin Humane Society

Marin humane transforms lives through exceptional animal care, humane education, and advocacy. every day, marin humane inspires compassion and positive relationships between people and animals.

Animals
4
Rancho Coastal Humane Society

See schedule orancho coastal is dedicated to the rescue and shelter of abandoned companion animals. it encourages adoptions into loving homes and provides educational and community outreach programs designed to enhance the human-animal…

Animals
5
Pet Orphans of Southern California

In addition to rescue and adoption, pet orphans provides a wide range of services including education, medical/financial, spay/neuter, and training assistance.

Animals
6
Marine Mammal Care Center Los Angeles

To inspire ocean conservation through marine mammal rescue, rehabilitation, education, and research.

Animals
7
Santa Barbara Humane Society for the Prevention of Cruelty to Animals

Santa barbara humane operates two campuses located in santa barbara and santa maria providing care for community-owned and homeless animals. both campuses offer affordable high quality veterinary care, compassionate behavior training…

Animals
8
Southern California Equine Foundation Inc

Providing equine veterinary hospital facilities and support services in the care of injured or sick race horses

Animals
9
Actors and Others for Animals

To eliminate pet overpopulation, ensure good care and protection for pet companions, and provide referral and financial support for economically challenged pet guardians.

Animals
10
Santa Barbara Zoological Foundation

The santa barbara zoo is dedicated to the preservation, conservation, and enhancement of the natural world and its living treasures through education, research, recreation and conservation.

Animals
11
The Animal Rescue Center of California

Help rescue, adopt, and provide medical care for abandoned animals in the coachella valley

Animals
12
California Paws Rescue

California paws rescue provides a safe, secure, and loving place for abandoned pets to recuperate, socialize, and get the medical care they need to recover and be ready to join a new home and family.

Animals
How this is measured
The grantee most central to the portfolio’s shape is Humane Society of Ventura County; the most unlike its peers is Red Bucket Equine Rescue. 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

54 grantees tracked through their own filings, 2017–2026.

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 2026, not grant rows in a single year, so this will not match the grant count on the cover. 54 of the 65 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)
15
Early backer (in before they grew)
51/54
Grantees still filing
35/54
Grew since first funded

Where the money sits, by cause and then by grantee

HANDS TOGETHER: $62,500 · OtherHANDS TOGETHERLAGUNA FOOD PANTRY: $52,500 · OtherLAGUNA FOOD PANTRYIRVINE HISTORICAL SOCIETY: $47,000 · OtherIRVINE HISTORICAL SOCIETYTHE SAN JUAN CAPISTRANO HISTORICAL SOCIETY: $42,500 · OtherTHE SAN JUAN CAPISTRANO HISTORICAL SOCIETYBEYOND BLINDNESS: $40,000 · OtherWAY OUT WEST EQUINE RESCUE INC: $36,500 · OtherSEGERSTROM CENTER FOR THE PERFORMING ARTS: $30,000 · OtherIndividual grant recipient: $28,000 · OtherOCEAN INSTITUTE: $73,500 · OtherOCEAN INSTITUTEBOYS & GIRLS CLUB OF LAGUNA BEACH: $58,500 · OtherBOYS & GIRLS CLUB OF LAGUNA BEACHENVIRONMENTAL NATURE CENTER: $42,500 · OtherENVIRONMENTAL NATURE CENTERDESERT COMMUNITY FOUNDATION: $37,000 · OtherAMERICARES FOUNDATION INC: $30,000 · Other+14 more: $171,000 · Other+14 moreCATERINAS CLUB: $79,500 · Human ServicesCATERINAS CLUBCAL FIRE BENEVOLENT FOUNDATION: $62,500 · Human ServicesCAL FIRE BENEVOLENT …KIDWORKS COMMUNITY DEVELOPMENT CORP: $57,500 · Human ServicesKIDWORKS COMMUNITY D…The Teen Project Inc: $57,500 · Human ServicesThe Teen Project IncCASA TERESA INC: $40,000 · Human ServicesCASA TERESA INCFURNISHING HOPE INC: $15,000 · Human ServicesPATRIOTS AND PAWS: $12,500 · Human Services+2 more: $15,000 · Human ServicesFRIENDS OF THE SEA LIONS INC DBA PACIFIC MARINE MAMMAL CENTER: $152,500 · AnimalsFRIENDS OF THE SEA…RED BUCKET EQUINE RESCUE: $119,700 · AnimalsRED BUCKET EQUINE …+6 more: $35,000 · Animals+6 moreNEW DIRECTIONS FOR WOMEN INC: $55,000 · HealthNEW DIRECTIO…BLUE STAR RANCH INC: $49,700 · HealthBLUE STAR RA…CHILDREN'S HOSPITAL OF ORANGE COUNTY: $45,000 · HealthCHILDREN'S H…MUSCULAR DYSTROPHY ASSOCIATION INC: $20,000 · HealthMUSCULAR DYS…George Mark Childrens Fund: $20,000 · HealthGeorge Mark …4 PAWS 4 PATRIOTS: $7,500 · HealthSWEET RELIEF MUSICIANS FUND: $7,500 · Health+3 more: $12,500 · Health+3 moreLAGUNA COLLEGE OF ART & DESIGN: $57,500 · EducationBERKLEE COLLEGE OF MUSIC INC: $45,000 · EducationLA COMPOST: $5,000 · Education+1 more: $2,500 · EducationJF SHEA THERAPEUTIC RIDING CENTER INC FKA FRAN JOSWICK THERAP RIDING CTR INC: $80,000 · Recreation & SportsRAD CAMP INC: $10,000 · Recreation & Sports12th Man Club: $5,000 · Recreation & Sports+1 more: $2,500 · Recreation & SportsKIDSINGERS: $56,000 · Arts & CultureCHARLES W BOWERS MUSEUM CORPORATION: $17,500 · Arts & CultureJunior High Incorporated: $5,000 · Arts & Culture
Other$751,500Human Services$339,500Animals$307,200Health$217,200Education$110,000Recreation & Sports$97,500Arts & Culture$78,500

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 budgetFRIENDS OF THE SEA LIONS INC DBA PACIFIC MARINE MAMMAL CENTER: $152,500 over 9y, 1.0% of budgetRED BUCKET EQUINE RESCUE: $119,700 over 9y, 1.8% of budgetJF SHEA THERAPEUTIC RIDING CENTER INC FKA FRAN JOSWICK THERAP RIDING CTR INC: $80,000 over 9y, 0.3% of budgetCATERINAS CLUB: $79,500 over 8y, 0.5% of budgetOCEAN INSTITUTE: $73,500 over 9y, 0.2% of budgetCAL FIRE BENEVOLENT FOUNDATION: $62,500 over 8y, 3.3% of budgetBOYS & GIRLS CLUB OF LAGUNA BEACH: $58,500 over 9y, 0.4% of budgetKIDWORKS COMMUNITY DEVELOPMENT CORP: $57,500 over 9y, 0.3% of budgetLAGUNA COLLEGE OF ART & DESIGN: $57,500 over 9y, 0.0% of budgetThe Teen Project Inc: $57,500 over 7y, 0.1% of budgetKIDSINGERS: $56,000 over 8y, 4.3% of budgetNEW DIRECTIONS FOR WOMEN INC: $55,000 over 9y, 0.2% of budgetLAGUNA FOOD PANTRY: $52,500 over 6y, 0.4% of budgetBLUE STAR RANCH INC: $49,700 over 7y, 22% of budgetCHILDREN'S HOSPITAL OF ORANGE COUNTY: $45,000 over 9y, 0.0% of budgetBERKLEE COLLEGE OF MUSIC INC: $45,000 over 4y, 0.0% of budgetTHE SAN JUAN CAPISTRANO HISTORICAL SOCIETY: $42,500 over 8y, 11% of budgetENVIRONMENTAL NATURE CENTER: $42,500 over 9y, 0.4% of budgetCASA TERESA INC: $40,000 over 8y, 0.2% of budgetBEYOND BLINDNESS: $40,000 over 9y, 0.2% of budgetDESERT COMMUNITY FOUNDATION: $37,000 over 9y, 0.1% of budgetAMERICARES FOUNDATION INC: $30,000 over 2y, 0.0% of budgetDISCOVERY ARTS: $25,000 over 5y, 9.3% of budgetMUSCULAR DYSTROPHY ASSOCIATION INC: $20,000 over 2y, 0.0% of budgetSTRENGTH IN SUPPORT: $20,000 over 4y, 3.6% of budgetGeorge Mark Childrens Fund: $20,000 over 4y, 0.1% of budgetCHARLES W BOWERS MUSEUM CORPORATION: $17,500 over 4y, 0.1% of budgetSEQUOIA PARKS CONSERVANCY: $15,000 over 1y, 0.3% of budgetFURNISHING HOPE INC: $15,000 over 3y, 0.4% of budgetPATRIOTS AND PAWS: $12,500 over 3y, 0.4% of budgetCourt Appointed Special Advocates: $10,000 over 2y, 1.0% of budgetRAD CAMP INC: $10,000 over 2y, 1.1% of budgetCALIFORNIA FIRE FOUNDATION: $10,000 over 2y, 0.0% of budgetZOOLOGICAL SOCIETY OF SAN DIEGO: $10,000 over 1y, 0.0% of budgetCANINE SUPPORT TEAMS INC: $10,000 over 2y, 0.8% of budget4 PAWS 4 PATRIOTS: $7,500 over 2y, 13% of budgetLIONS TIGERS AND BEARS: $7,500 over 2y, 0.1% of budgetHAWAII COMMUNITY FOUNDATION: $7,500 over 1y, 0.0% of budgetSWEET RELIEF MUSICIANS FUND: $7,500 over 2y, 0.2% of budgetSCHOLARS FIRST: $6,000 over 3y, 3.5% of budgetHorses in the Hood: $5,000 over 1y, 7.4% of budgetRED SKYE FOUNDATION INC: $5,000 over 1y, 2.3% of budgetFallen Firefighters Relief Fund: $5,000 over 1y, 1.8% of budgetJunior High Incorporated: $5,000 over 1y, 1.8% of budgetNATIONAL DISASTER SEARCH DOG FOUNDATION: $5,000 over 1y, 0.1% of budgetLA COMPOST: $5,000 over 1y, 0.3% of budget12th Man Club: $5,000 over 2y, 3.9% of budgetLIFE ROLLS ON FOUNDATION: $2,500 over 1y, 0.3% 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 FRIENDS OF THE SEA LIONS INC DBA PACIFIC MARINE MAMMAL CENTER ↗
  • Who funds RED BUCKET EQUINE RESCUE ↗
  • Who funds JF SHEA THERAPEUTIC RIDING CENTER INC FKA FRAN JOSWICK THERAP RIDING CTR INC ↗
  • Who funds CATERINAS CLUB ↗
  • Who funds OCEAN INSTITUTE ↗
  • Who funds CAL FIRE BENEVOLENT FOUNDATION ↗
  • Who funds BOYS & GIRLS CLUB OF LAGUNA BEACH ↗
  • Who funds KIDWORKS COMMUNITY DEVELOPMENT CORP ↗
  • Who funds LAGUNA COLLEGE OF ART & DESIGN ↗
  • Who funds The Teen Project Inc ↗
  • Who funds KIDSINGERS ↗
  • Who funds NEW DIRECTIONS FOR WOMEN INC ↗
  • Who funds LAGUNA FOOD PANTRY ↗
  • Who funds BLUE STAR RANCH INC ↗
  • Who funds CHILDREN'S HOSPITAL OF ORANGE COUNTY ↗
  • Who funds BERKLEE COLLEGE OF MUSIC INC ↗
  • Who funds THE SAN JUAN CAPISTRANO HISTORICAL SOCIETY ↗
  • Who funds ENVIRONMENTAL NATURE CENTER ↗
  • Who funds CASA TERESA INC ↗
  • Who funds BEYOND BLINDNESS ↗
  • Who funds DESERT COMMUNITY FOUNDATION ↗
  • Who funds AMERICARES FOUNDATION INC ↗
  • Who funds DISCOVERY ARTS ↗
  • Who funds MUSCULAR DYSTROPHY ASSOCIATION INC ↗
  • Who funds STRENGTH IN SUPPORT ↗
  • Who funds George Mark Childrens Fund ↗
  • Who funds CHARLES W BOWERS MUSEUM CORPORATION ↗
  • Who funds SEQUOIA PARKS CONSERVANCY ↗
  • Who funds FURNISHING HOPE INC ↗
  • Who funds PATRIOTS AND PAWS ↗
  • Who funds Court Appointed Special Advocates ↗
  • Who funds RAD CAMP INC ↗
  • Who funds CALIFORNIA FIRE FOUNDATION ↗

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.

Orange County Communi…O L Halsell FoundationThe Devto Support Fou…Edwards Lifesciences …Sempra FoundationCalifornia Foundation…The William Gillespie…Ueberroth Family Foun…The Crean FoundationFarmers & Merchants B…California Community …Peter and Mary Muth F…
Orange County Community FoundationCA43.3× affinity21 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Orange County Community Foundation · O L Halsell Foundation · The Devto Support Foundation · Edwards Lifesciences Foundation · Sempra Foundation · California Foundation for Stronger Communities · The William Gillespie Foundation · Ueberroth Family Foundation · The Crean Foundation · Farmers & Merchants Bank Foundation · California Community Foundation · Peter and Mary Muth Foundation CO R Chad Hales

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 Linda I Smith Foundation funds: left to right is the share of its income from government, bottom to top the share from Linda I Smith Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%2%6%14%25%funder's share of their income ↑0%19%38%56%75%share of the org’s income from government →median 1%
  • Berklee College of Music Inc: 1% of income from government
  • Americares Foundation Inc: 0% of income from government
no gov moneyreceives it· size = income
0get no government money at all
15report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–75%
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.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Linda I Smith Foundation?

Find your warmest path to Linda I Smith Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

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 65 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 Linda I Smith’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