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LPL Financial Foundation Inc at a glanceAlso receives grants: funding profile →

· Private foundation

LPL Financial Foundation Inc

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$2.6M
Granted FY2023
187
Grants FY2023
32
States reached
$675k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead

Read this first · the figures below need context

98% of LPL Financial Foundation Inc’s FY2024 grant dollars went to American Online Giving Foundation Inc, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 35 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2023, the last year LPL Financial Foundation Inc named its own grantees at scale: 96 organizations, $3M. It is dated, not current.

Organizations named directly on the return

915
’20
1028
’21
276
’22
96
’23
35
’24

Amber years are those where most dollars went to a sponsor.

01What it funds
0199% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Education$3.2MPhilanthropy$2.1MInternational$1.8MCommunity Improvement$1.3MEmployment$664kYouth Development$539kHuman Services$247kHealth$245kOther$0
02FY2023 · 187 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2023

  • Under $10k169 grants · $118k
  • $10k–50k11 grants · $180k
  • $50k–250k3 grants · $305k
  • $250k+4 grants · $2.0M
$500
Median grant
32
States reached
$7.8M
Total assets
Largest grants
RecipientAmount
Charities Aid Foundation America$675,375
The American College of Financial Services$500,000
LOCAL INITIATIVES SUPPORT CORPORATION$445,500
Girls Who Invest$350,000
INROADS$150,000
SCORE FOUNDATION$100,000
FOUNDATION FOR THE CAROLINAS$55,000
ROCK THE STREET WALL STREET$25,000
COMMUNITIES IN SCHOOLS OF CHARLOTTE MECKLENBURG INC$25,000
WORLD CENTRAL KITCHEN INCORPORATED$20,000
RISE AGAINST HUNGER$16,481
RISE AGAINST HUNGER$16,200
JUNIOR ACHIEVEMENT OF SAN DIEGO COUNTY$15,000
JUNIOR ACHIEVEMENT OF CENTRAL CAROLINAS INC$15,000
BIG BROTHERS BIG SISTERS of CENTRAL CAROLINAS$15,000
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 (FY20–23, $249k) land where the poverty rate runs at 11%, against an area that typically sits at 10%. 93% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%WINGSPAN LIFE RESOURCES: $500 → 14%RUN HOME CAMPS: $500 → 14%PENINSULA VOLUNTEERS INC: $1k → 7%GATEHOUSE MINISTRIES: $500 → 14%DIRECT RELIEF FOUNDATION: $515 → 14%SOUTH UKIAH ROTARY FOUNDATION: $500 → 18%CENTAUR STRIDE INC: $1k → 18%WINGSPAN LIFE RESOURCES: $500 → 14%FIORENZAS FOOD FOR FRIENDS F4 INC: $1k → 6%THIRD STREET ALLIANCE FOR WOMEN AND CHILDREN: $500 → 11%GATEHOUSE MINISTRIES: $500 → 14%CENTAUR STRIDE INC: $500 → 18%FIORENZAS FOOD FOR FRIENDS F4 INC: $500 → 6%THIRD STREET ALLIANCE FOR WOMEN AND CHILDREN: $500 → 11%ISLAND HARVEST LTD: $500 → 7%CENTAUR STRIDE INC: $500 → 18%WINGSPAN LIFE RESOURCES: $500 → 14%FIORENZAS FOOD FOR FRIENDS F4 INC: $500 → 6%NORTH EAST EXCHANGE TEAM - SAN FRANCISCO: $500 → 10%LONG ISLAND COALITION AGAINST BULLYING INC: $1k → 7%INDIVIDUALS NOW INC SOCIAL ADVOCATES FOR YOUTH: $500 → 9%SACRAMENTO CHILDRENS HOME: $500 → 12%CAMP KESEM NATIONAL: $500 → 14%ISRAEL GUIDE DOG CENTER FOR THE BLIND: $500 → 6%J-SEI INC: $500 → 10%FOOTHILL FAMILY SERVICE: $500 → 14%MEDICAL MINISTRIES INTERNATIONAL: $500 → 19%J-SEI INC: $500 → 10%JEWISH FAMILY SERVICE OF SAN DIEGO: $2k → 11%EL CENTRO HISPANO INC: $500 → 9%EL CENTRO HISPANO INC: $500 → 9%GUIDING EYES FOR THE BLIND INC: $500 → 9%WESTCHESTER FAMILY YMCA: $500 → 14%GUIDING EYES FOR THE BLIND INC: $500 → 9%RESTORE NYC INC: $500 → 17%RESTORE NYC INC: $500 → 17%ASSISTANCE LEAGUE OF GREATER SAN DIEGO: $500 → 11%ONCOLOGY AND KIDS INC: $3k → 11%STEPPING STONES FOUNDATION INC: $500 → 14%EMERGENCY ASSISTANCE FOUNDATION INC: $100k → 11%DRESS FOR SUCCESS CHARLOTTE: $30k → 10%DRESS FOR SUCCESS CHARLOTTE: $15k → 10%EMERGENCY ASSISTANCE FOUNDATION INC: $5k → 11%Boston Health Care for the Homeless Program: $1k → 16%PINE STREET INN INC: $1k → 16%AUSTIN AREA URBAN LEAGUE INC: $10k → 10%YMCA OF GREATER CHARLOTTE: $1k → 10%AMERICAN RED CROSS CHARLOTTE METRO CHAPTER: $20k → 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.

Which US states its grants reach

AK
ME
VT
NH
WA
ID
MT
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
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.

90%of every dollar goes to organizations it has funded before.
$6.3M · 696 repeat orgs$693k to everyone else

Grantees it renews have grown median revenue +37% since the first grant, against +30% for those funded once.

696 repeat relationships: 73 still active in FY2023, 623 since wound down; 74 grantees were first funded in FY2023 (too recent to call). Read against FY2023, the last year this funder named its own grantees directly; its giving has since run through a sponsor, which reports no donor behind each grant.

How the two cohorts compare

Re-uppedFunded once

Organizations

696
1009

Total granted

$6.3M
$440k

Median revenue growth · since first grant

+37%
+30%

Still filing today

78%
77%

New vs renewed · share of each year

In FY2024, 80% of grant dollars renewed an existing relationship; $10k went to new ones.

50%100%’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23’24
EducationHuman ServicesHealthArts & CulturePhilanthropyAnimalsOther
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

  • LOCAL INITIATIVES SUPPORT CORPORATION
    3× · 2021–2023 · $1.1M · revenue +6%
  • GW
    GIRLS WHO INVEST INC
    2× · 2022–2023 · $600k · revenue +8%
  • JC
    JOHNSON C SMITH UNIVERSITY
    3× · 2020–2022 · $409k · revenue +12%

Funded once

  • EI
    E2D INC
    one grant, 2020 · $12k
  • C2
    COMPUTERS 2 SD KIDS
    one grant, 2020 · $12k · revenue -17%
  • AA
    Austin Area Urban League
    one grant, 2021 · $10k · revenue +5%
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
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
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
Augustana College

Rooted in the liberal arts & sciences & lutheran expression of the christian faith, & is committed to offering a challenging education that develops qualities of mind, spirit, & body necessary for a rewarding life of leadership & service…

Education
4
Columbia College

Columbia college improves lives by providing quality education to both traditional and nontraditional students, helping them achieve their true potential.

Education
5
Northeast College of Health Sciences

Northeast college of health sciences (the college) is committed to academic excellence, leadership, and professional best practices in the health sciences.

Education
6
South Shore Charter School

The mission of south shore charter school is to cultivate students the tenacity, integrity, and curiosity needed to become innovative and socially responsible leaders, ready to face and solve the ever-changing challenges facing our…

Education
7
Manhattanville University

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

Education
8
The Common Application Inc

The common application is a not-for-profit membership organization of over 1,100 colleges and universities across the globe committed to access, equity, and integrity in the college admission process. every year, over 1.5 million students…

Education
9
Massachusetts Higher Education Assistance Corporation

The organization's primary exempt purpose is to provide access to and conduct activities in furtherance of higher education.

—
10
Association of California School Administrators

The association serves its members by creating resources that enable california school administrators to develop and apply creative leadership and management skills and in turn, improve the educational process for all students.

—
11
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.

—
12
Stony Brook Surgical Associates University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
How this is measured
The grantee most central to the portfolio’s shape is Make-a-Wish Northeastern & Central California; the most unlike its peers is Internet Archive. 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

1433 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. 1433 of the 1,829 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.

1
Load-bearing (≥25% of a budget)
342
Early backer (in before they grew)
1399/1433
Grantees still filing
1112/1433
Grew since first funded

Where the money sits, by cause and then by grantee

AMERICAN ONLINE GIVING FOUNDATION INC: $1,945,802 · PhilanthropyAMERICAN ONLINE GIVING FOUNDATION INCCHARITIES AID FOUNDATION AMERICA: $1,498,960 · PhilanthropyCHARITIES AID FOUNDATION AMERICASCORE Foundation: $200,000 · Philanthropy+12 more: $113,876 · PhilanthropyThe American College: $1,250,300 · EducationThe American CollegeJOHNSON C SMITH UNIVERSITY: $408,690 · EducationJOHNSON C SMITH UNIVERSITYROCK THE STREET WALL STREET: $300,000 · EducationROCK THE STREET WALL STREETCommunities In Schools of Charlotte-Mecklenburg Inc: $290,000 · EducationCommunities In Schools of Ch…INROADS INC: $150,000 · EducationINROADS INC+29 more: $80,728 · EducationLOCAL INITIATIVES SUPPORT CORPORATION: $1,063,250 · Community ImprovementLOCAL INITIA…+2 more: $4,500 · Community ImprovementGIRLS WHO INVEST INC: $600,000 · EmploymentSAN DIEGO SECOND CHANCE PROGRAM: $40,000 · Employment+2 more: $6,500 · EmploymentBIG BROTHERS BIG SISTERS OF SAN DIEGO COUNTY INC: $163,681 · OtherBIG BROTHER…THE PREUSS SCHOOL UC SAN DIEGO: $75,000 · OtherTHE PREUSS …CITY YEAR INC: $43,000 · OtherBIG BROTHERS BIG SISTERS OF EASTERN MASSACHUSETTS INC: $42,850 · OtherEMERGENCY ASSISTANCE FOUNDATION INC: $105,450 · OtherEMERGENCY A…Dress for Success Charlotte: $45,000 · OtherCALIFORNIA STATE UNIVERSITY SAN MARCOS FOUNDATION: $120,530 · OtherCALIFORNIA …+121 more: $425,463 · Other+121 moreJUNIOR ACHIEVEMENT OF SAN DIEGO COUNTY INC: $177,250 · InternationalJunior Achievement of Central Carolinas Inc: $176,050 · InternationalRISE AGAINST HUNGER INC: $32,681 · InternationalMEDECINS SANS FRONTIERES USA INC: $23,350 · InternationalWORLD CENTRAL KITCHEN INC: $20,000 · International+5 more: $15,702 · InternationalBig Brothers Big Sisters of Central Carolinas: $180,500 · Youth DevelopmentBoys and Girls Clubs of York County: $50,000 · Youth DevelopmentBOYS & GIRLS CLUBS OF GREATER SAN DIEGO: $50,000 · Youth Development+3 more: $6,850 · Youth Development
Philanthropy$3,758,638Education$2,479,718Community Improvement$1,067,750Employment$646,500Other$1,020,974International$445,033Youth Development$287,350

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%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetAMERICAN ONLINE GIVING FOUNDATION INC: $1,945,802 over 1y, 0.1% of budgetCHARITIES AID FOUNDATION AMERICA: $1,498,960 over 3y, 0.1% of budgetThe American College: $1,250,300 over 3y, 1.4% of budgetLOCAL INITIATIVES SUPPORT CORPORATION: $1,063,250 over 3y, 0.1% of budgetGIRLS WHO INVEST INC: $600,000 over 2y, 2.6% of budgetJOHNSON C SMITH UNIVERSITY: $408,690 over 3y, 0.3% of budgetROCK THE STREET WALL STREET: $300,000 over 4y, 7.2% of budgetCommunities In Schools of Charlotte-Mecklenburg Inc: $290,000 over 4y, 1.5% of budgetSCORE Foundation: $200,000 over 2y, 6.3% of budgetBig Brothers Big Sisters of Central Carolinas: $180,500 over 4y, 3.7% of budgetJUNIOR ACHIEVEMENT OF SAN DIEGO COUNTY INC: $177,250 over 4y, 3.6% of budgetJunior Achievement of Central Carolinas Inc: $176,050 over 4y, 4.4% of budgetBIG BROTHERS BIG SISTERS OF SAN DIEGO COUNTY INC: $163,681 over 4y, 3.2% of budgetINROADS INC: $150,000 over 1y, 1.4% of budgetCALIFORNIA STATE UNIVERSITY SAN MARCOS FOUNDATION: $120,530 over 4y, 1.1% of budgetEMERGENCY ASSISTANCE FOUNDATION INC: $105,450 over 3y, 0.1% of budgetFOUNDATION FOR THE CAROLINAS: $55,100 over 2y, 0.0% of budgetBoys and Girls Clubs of York County: $50,000 over 3y, 3.2% of budgetBOYS & GIRLS CLUBS OF GREATER SAN DIEGO: $50,000 over 3y, 0.3% of budgetDress for Success Charlotte: $45,000 over 2y, 4.9% of budgetCITY YEAR INC: $43,000 over 3y, 0.0% of budgetBIG BROTHERS BIG SISTERS OF EASTERN MASSACHUSETTS INC: $42,850 over 4y, 0.2% of budgetSAN DIEGO SECOND CHANCE PROGRAM: $40,000 over 2y, 0.5% of budgetRISE AGAINST HUNGER INC: $32,681 over 1y, 0.1% of budgetGIVINGA FOUNDATION INC: $26,527 over 3y, 0.0% of budgetMEDECINS SANS FRONTIERES USA INC: $23,350 over 4y, 0.0% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $21,875 over 4y, 0.0% of budgetWORLD CENTRAL KITCHEN INC: $20,000 over 1y, 0.0% of budgetBLOOD CANCER UNITED INC: $15,866 over 3y, 0.0% of budgetST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $12,173 over 3y, 0.0% of budgetCOMPUTERS 2 SD KIDS: $12,073 over 1y, 0.4% of budgetHARVESTERS - THE COMMUNITY FOOD NETWORK: $11,000 over 3y, 0.0% of budgetSecond Harvest Food Bank of Metrolina Inc: $10,720 over 5y, 0.0% of budgetHAWAII COMMUNITY FOUNDATION: $10,000 over 1y, 0.0% of budgetAustin Area Urban League: $10,000 over 1y, 0.1% of budgetYEAR UP INC: $10,000 over 1y, 0.0% of budgetFOR KIDS' SAKE FOUNDATION INC: $10,000 over 2y, 1.1% of budgetCENTRAL TEXAS FOOD BANK FOUNDATION: $10,000 over 1y, 7.1% of budgetOPERATION GRATITUDE INC: $8,325 over 3y, 0.1% of budgetProject Helping: $8,295 over 2y, 0.2% of budgetGREATER BOSTON LEGAL SERVICES INC: $7,000 over 3y, 0.0% of budgetAmerican Heart Association Inc: $6,900 over 3y, 0.0% of budgetCentral Texas Food Bank Inc: $6,100 over 2y, 0.0% of budgetGREATER CLEVELAND FOOD BANK INC: $6,000 over 1y, 0.0% of budgetSAN DIEGO RESCUE MISSION INC: $5,911 over 4y, 0.0% of budgetFOUNDATION FOR HOSPITAL ART INC: $5,880 over 1y, 0.5% of budgetPAN-MASSACHUSETTS CHALLENGE INC: $5,770 over 2y, 0.0% of budgetANVIL OF HOPE: $5,500 over 4y, 2.1% 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.

Price Philanthropies …The Presbyterian Hosp…The Intuit FoundationDowd Foundation IncAlbemarle FoundationTrue Homes Foundation…The Dickson Foundatio…The Leon Levine Found…The Parker FoundationThe Northrop Grumman …United Way of Greater…Rancho Santa Fe Found…
Price Philanthropies FoundationCA26.7× affinity22 shared granteesties to 7 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Price Philanthropies Foundation · The Presbyterian Hospital · The Intuit Foundation · Dowd Foundation Inc · Albemarle Foundation · True Homes Foundation Inc · The Dickson Foundation Inc · The Leon Levine Foundation · The Parker Foundation · The Northrop Grumman Foundation · United Way of Greater Charlotte Inc · Rancho Santa Fe 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 LPL Financial Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from LPL Financial Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 120%1%3%6%10%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 3%
  • Vietnam Veterans Workshop Inc Dba New England Center and Home for Veterans: 66% of income from government
  • LOVE146 Inc: 49% of income from government
  • Covenant House New Jersey Inc: 34% of income from government
  • Greater Boston Food Bank Inc: 22% of income from government
  • The Boys and Girls Clubs of Hartford: 20% of income from government
  • City Year Inc: 11% of income from government
  • Greater Boston Legal Services Inc: 3% of income from government
  • Jacksonville University: 3% of income from government
  • Feeding America Tampa Bay Inc: 2% of income from government
  • Year Up Inc: 0% of income from government
  • Animal Rescue League of Boston: 0% of income from government
  • Pan-Massachusetts Challenge Inc: 0% of income from government
  • Wounded Warrior Project Inc: 0% of income from government
  • Food for the Poor Inc: 0% of income from government
no gov moneyreceives it· size = income
12get no government money at all
40report government grants on their 990 we could not trace to a source (not plotted)
1rely 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.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to LPL Financial Foundation Inc?

Find your warmest path to LPL Financial Foundation Inc 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 1829 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 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on LPL Financial’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