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Munger Charitable Trust Number Two at a glance

· Private foundation

Munger Charitable Trust Number Two

Its FY2026 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$3.8M
Granted FY2026still arriving
19
Grants FY2026still arriving
3
States reached
$3.0M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
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$5.2MHealth$437kArts & Culture$86kReligion$25kMembership Benefit$24kInternational$20k
02FY2026 · 19 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2026

  • Under $10k4 grants · $13k
  • $10k–50k10 grants · $146k
  • $50k–250k3 grants · $198k
  • $250k+2 grants · $3.5M
$10,742
Median grant
3
States reached
$140M
Total assets

Anchored by a single position: about 95% of reported assets are held in Berkshire Hath Cl A.

Largest grants
RecipientAmount
MT VERNON LADIES ASSOCIATION OF THE UNION$2,964,240
MT VERNON LADIES ASSOCIATION OF THE UNION$524,331
MT VERNON LADIES ASSOCIATION OF THE UNION$84,793
UCLA FOUNDATION$61,382
MT VERNON LADIES ASSOCIATION OF THE UNION$51,860
RECTOR WARDENS & VESTRYMEN OF ST MATTHEWS PARISH$26,088
HENRY E HUNTINGTON LIBRARY AND ART GALLERY$26,088
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UN$20,972
LAS MADRINAS$10,742
HARVARD WESTLAKE SCHOOL$10,742
MARLBOROUGH SCHOOL$10,742
JOHN THOMAS DYE SCHOOL$10,742
HONOLULU MUSEUM OF ART$10,132
ST MATTHEW'S MUSIC GUILD$10,000
MARLBOROUGH SCHOOL$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:

Dollar for dollar, its grants (FY17–26) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 99% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UN: $21k → 7%BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UN: $20k → 8%UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION: $1k → 10%HENRY E HUNTINGTON LIBRARY AND ART GALLERY: $26k → 14%HONOLULU MUSEUM OF ART: $10k → 9%REGENTS OF THE UNIVERSITY OF MICHIGAN: $26k → 14%SIGMA NU EDUCATIONAL FOUNDATION: $250 → 12%REGENTS OF THE UNIVERSITY OF CALIFORNIA AT BERKELE: $1k → 10%HENRY E HUNTINGTON LIBRARY AND ART GALLERY: $25k → 14%HONOLULU MUSEUM OF ART: $10k → 9%LAS MADRINAS: $11k → 14%HARVARD WESTLAKE SCHOOL: $5k → 14%LAS MADRINAS: $10k → 14%LOS ANGELES PHILHARMONIC ASSOCIATION: $6k → 14%LOS ANGELES PHILHARMONIC ASSOCIATION: $5k → 14%JOHN THOMAS DYE SCHOOL: $4.7M → 14%JOHN THOMAS DYE SCHOOL: $310k → 14%JOHN THOMAS DYE SCHOOL: $11k → 14%JOHN THOMAS DYE SCHOOL: $10k → 14%Marlborough School: $21k → 14%Marlborough School: $20k → 14%Marlborough School: $20k → 14%Marlborough School: $20k → 14%Marlborough School: $19k → 14%MARLBOROUGH SCHOOL: $11k → 14%MARLBOROUGH SCHOOL: $10k → 14%Marlborough School: $10k → 14%HARVARD WESTLAKE SCHOOL: $11k → 14%UCLA FOUNDATION: $61k → 14%UCLA FOUNDATION: $60k → 14%RECTOR WARDENS & VESTRYMEN OF ST MATTHEWS PARISH: $26k → 14%Rector Wardens & Vestrymen of St Matthews Parish: $25k → 14%ST MATTHEW'S MUSIC GUILD: $5k → 14%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.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 11% of Munger Charitable Trust Number Two’s grant dollars are earmarked for a different county than the recipient’s own address. By recipient address, 91% of the giving stays in CA; by stated purpose, 5%.

Munger Charitable Trust Number Twolessmore of its giving
Placed by recipient address · 94% directed abroad (not shown)
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

99%of every dollar goes to organizations it has funded before.
$9.4M · 10 repeat orgs$54k to everyone else

10 repeat relationships: 10 still active in FY2026, 0 since wound down; 1 grantees were first funded in FY2026 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

10
4

Total granted

$9.4M
$53k

Median revenue growth · since first grant

0%
+24%

Still filing today

80%
50%

New vs renewed · share of each year

In FY2026, 100% of grant dollars renewed an existing relationship; $1k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25’26
RenewedFirst-time

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

’17’18’19’20’21’22’23’24’25’26
Arts & CultureEducationReligionOther
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

  • TJ
    THE JOHN THOMAS DYE SCHOOL
    2× · 2025–2026 · $5.0M · revenue 0%
  • MV
    MT VERNON LADIES ASSOCIATION OF THE UNION
    3× · 2024–2026 · $4.1M
  • MS
    MARLBOROUGH SCHOOL
    7× · 2017–2026 · $130k · revenue +32%

Funded once

  • THE MOUNT VERNON LADIES' ASSOCIATION OF THE UNION
    one grant, 2023 · $26k · revenue +24%
  • RO
    REGENTS OF THE UNIVERSITY OF MICHIGAN
    one grant, 2025 · $26k
  • RO
    REGENTS OF THE UNIVERSITY OF CALIFORNIA AT BERKELEY
    one grant, 2025 · $1k
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
Boston Architectural College

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

—
2
Armand Hammer Museum of Art and Cultural Center Inc

The hammer museum at ucla believes in the promise of art and ideas to illuminate our lives and build a more just world.

Arts & Culture
3
President and Fellows of Harvard College

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

Education
4
The Uc Davis Foundation

The mission of the uc davis foundation is to secure, steward and manage private gifts for uc davis.

Education
5
Berkeley Hall School Foundation

Our mission is to "empower children to fulfill their unlimited, god-given potential as fearless scholars and conscientious citizens."

Education
6
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
7
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
8
Hillsdale College

Hillsdale college is a private liberal arts college with approximately 1,500 students. founded in 1844, the college remains, in the words of its articles of association, "grateful to god for the inestimable blessings resulting from the…

Education
9
Harvey Mudd College

HMC seeks to educate engineers, scientists, and mathematicians well versed in all of these areas and in the humanities, social sciences and the arts so that they may assume leadership in their fields with a clear understanding of the…

Education
10
Maranatha High School

Maranatha high school is a christ-centered, evangelical college preparatory school that celebrates the whole student by equipping hearts and minds to reflect god's glory through academics, as well as the arts, athletics, and service. we…

Education
11
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
12
The Seven Hills School

The institution provides educational instruction and activities to students ranging from preschool through 8th grade.

—
How this is measured
The grantee most central to the portfolio’s shape is Ucla Foundation; the most unlike its peers is Henry E Huntington Library and Art Gallery. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

13 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. 13 of the 17 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)
13/13
Grantees still filing
4/13
Grew since first funded

Where the money sits, by cause and then by grantee

THE JOHN THOMAS DYE SCHOOL: $5,025,576 · OtherTHE JOHN THOMAS DYE SCHOOLMT VERNON LADIES ASSOCIATION OF THE UNION: $4,066,499 · OtherMT VERNON LADIES ASSOCIATION OF THE UNION+4 more: $98,686 · OtherMARLBOROUGH SCHOOL: $130,242 · EducationUCLA FOUNDATION: $121,382 · EducationTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $40,972 · EducationHARVARD-WESTLAKE SCHOOL: $15,742 · Education+2 more: $1,250 · EducationHENRY E HUNTINGTON LIBRARY AND ART GALLERY: $51,088 · Arts & CultureTHE MOUNT VERNON LADIES' ASSOCIATION OF THE UNION: $26,000 · Arts & CultureHONOLULU MUSEUM OF ART: $20,132 · Arts & CultureLOS ANGELES PHILHARMONIC ASSOCIATION: $10,627 · Arts & CultureST MATTHEWS MUSIC GUILD: $20,627 · Religion
Other$9,190,761Education$309,588Arts & Culture$107,847Religion$20,627

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 budgetTHE JOHN THOMAS DYE SCHOOL: $5,025,576 over 2y, 19% of budgetMARLBOROUGH SCHOOL: $130,242 over 7y, 0.1% of budgetUCLA FOUNDATION: $121,382 over 2y, 0.0% of budgetHENRY E HUNTINGTON LIBRARY AND ART GALLERY: $51,088 over 2y, 0.0% of budgetTHE MOUNT VERNON LADIES' ASSOCIATION OF THE UNION: $26,000 over 1y, 0.0% of budgetLAS MADRINAS: $20,742 over 2y, 0.8% of budgetST MATTHEWS MUSIC GUILD: $20,627 over 2y, 1.6% of budgetHONOLULU MUSEUM OF ART: $20,132 over 2y, 0.1% of budgetHARVARD-WESTLAKE SCHOOL: $15,742 over 2y, 0.0% of budgetLOS ANGELES PHILHARMONIC ASSOCIATION: $10,627 over 2y, 0.0% of budgetSIGMA NU EDUCATIONAL FOUNDATION INC: $250 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.

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.

Nancy E Barry & Letit…Morgan Stanley Global…National Philanthropi…The Bank of America C…Vanguard Charitable E…American Online Givin…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
Nancy E Barry & Letitia P Rees FoundationCA13.6× affinity4 shared granteesties to 8 of 8Hover any node to trace its alignments.Compare side by side →

Open a dossier: Nancy E Barry & Letitia P Rees Foundation · Morgan Stanley Global Impact Funding Trust Inc · National Philanthropic Trust · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · 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 Munger Charitable Trust Number Two funds: left to right is the share of its income from government, bottom to top the share from Munger Charitable Trust Number Two. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%5%11%20%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    2report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–20%
    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 17 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 2026, released 2026. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Munger Charitable Trust Number Two’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