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Mustang Foundation Inc at a glance

· Private foundation

Mustang Foundation Inc

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.

$5.9M
Granted FY2025still arriving
44
Grants FY2025still arriving
10
States reached
$1.3M
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, FY2023 to 2025.

Animals$3.5MArts & Culture$3.3MHuman Services$1.5MInternational$1.1MEnvironment$1.0MHousing & Shelter$322kEducation$300kFood & Nutrition$270kOther$0
02FY2025 · 44 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • $10k–50k21 grants · $421k
  • $50k–250k16 grants · $1.2M
  • $250k+7 grants · $4.3M
$50,000
Median grant
10
States reached
$26M
Total assets
Largest grants
RecipientAmount
ROUNDABOUT THEATER COMPANY$1,300,000
YMCA OF GREATER MONMOUTH COUNTY$1,000,000
MONMOUTH COUNTY SPCA$625,000
GENTLE GIANTS DRAFT HORSE RESCUE$450,000
FIND YOUR LIGHT FOUNDATION$350,000
OMEGA INSTITUTE FOR HOLISTIC STUDIES$300,000
WHARTON INSTITUTE FOR THE PERFORMING ARTS$250,000
THE CLIMATE MUSEUM$200,000
GLOBAL HEALTH CORPS INC$150,000
PATH HOME$140,000
LUNCH BREAK$100,000
BRICK CITY KITTIES RESCUE$80,000
COUNT BASIE THEATRE$75,000
EVERY WOMAN TREATY$50,000
COALITION FOR THE HOMELESS$50,000
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 (FY23–25, $1.5M) land where the poverty rate runs at 8%, against an area that typically sits at 10%. 19% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 10%WILLIAMS BE YOURSELF CHALLENGE: $25k → 8%LUV MICHAEL: $25k → 6%ADELANTE MUJERRES: $25k → 8%LUV MICHAEL: $8k → 6%LITTLE ESSENTIALS: $10k → 20%ADELANTE MUJERRES: $25k → 8%ADELANTE MUJERRES: $10k → 8%EDWARD CHARLES FOUNDATION: $50k → 14%ALLAIRE COMMUNITY FARM: $50k → 6%BRADLEY ANGLE: $25k → 12%ALLAIRE COMMUNITY FARM: $50k → 6%BRADLEY ANGLE: $5k → 12%WOMEN MOVING MILLIONS INC: $25k → 17%ALLAIRE COMMUNITY FARM: $25k → 6%YMCA OF GREATER MONMOUTH COUNTY: $1.0M → 6%WOMEN MOVING MILLIONS INC: $10k → 17%YMCA OF GREATER MONMOUTH COUNTY: $2k → 6%WOMEN MOVING MILLIONS INC: $10k → 17%TIDES CENTER: $5k → 17%THE BRIGID ALLIANCE: $50k → 17%THE BRIGID ALLIANCE: $50k → 17%THE BRIGID ALLIANCE: $50k → 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
WA
NY
MA
OR
PA
NJ
CA
MD
DC
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.

94%of every dollar goes to organizations it has funded before.
$11M · 34 repeat orgs$690k to everyone else

Grantees it renews have grown median revenue +14% since the first grant, against 0% for those funded once.

34 repeat relationships: 32 still active in FY2025, 2 since wound down; 12 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

34
14

Total granted

$11M
$110k

Median revenue growth · since first grant

+14%
0%

Still filing today

94%
79%

New vs renewed · share of each year

In FY2025, 90% of grant dollars renewed an existing relationship; $580k went to new ones.

50%100%’23’24’25
RenewedFirst-time

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

’23’24’25
Human ServicesArts & CultureAnimalsHealthEnvironmentPhilanthropyOther
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

  • RT
    ROUNDABOUT THEATRE COMPANY INC
    3× · 2023–2025 · $2.5M · revenue +21%
  • MC
    MONMOUTH COUNTY SPCA
    3× · 2023–2025 · $2.4M · revenue +32%
  • YO
    YMCA OF GREATER MONMOUTH COUNTY INC
    2× · 2023–2025 · $1.0M · revenue +44%

Funded once

  • JO
    JUSTICE OUTSIDE
    one grant, 2023 · $25k · revenue +17%
  • LI
    LIFT INC
    one grant, 2023 · $10k · revenue +17%
  • OT
    Oregon Tradeswomen Inc
    one grant, 2023 · $10k · revenue -17%
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
Climate Catalyst Inc

Climate catalyst sparks collective action to tackle the biggest climate challenges we face today: cutting emissions in heavy industries.

Environment
2
Open Markets Institute

The open markets institute works to help people relearn how to use competition policy to build stronger democracies, more just and equitable societies, more innovative and sustainable economies, and a more secure and peaceful world.

Education
3
Women in Product

Our mission is to equip women and non-binary folks to thrive in product management careers at all levels. we want all people to have equitable opportunities to build rewarding careers and shape the products of the future.

Human Services
4
Women Donors Network

Women donors network advances a just, equitable, and sustainable world through the power of philanthropy, women's leadership, and collective and individual action.

Philanthropy
5
Environmental Investigation Agency

To establish and promote programs to protect the global climate, forests, wildlife and the natural environment, through research, advocacy, and investigation.

International
6
Global Poverty Project Inc

Our mission is to build a movement of global citizens whose actions will help achieve our vision of a world without extreme poverty.

Social Science
7
New York School of Interior Design

New york school of interior design provides the most innovative, immersive, and transformative interior design education in the world, demonstrating the impact of professionally designed interiors on the health, happiness, and well-being…

Education
8
Eden Peopleplanet

To offer the dignity of fair employment to people living in impoverished communities, who become transformational agents of global forest restoration.

International
9
World Resources Institute

Wri is committed to creating change that improves people's lives and ensures the natural world can thrive. (see schedule o)wri's bold vision requires a formula for success we call "count it. change it. scale it.":- count it: our work is…

International
10
The Union of Concerned Scientists Inc

The union of concerned scientists puts rigorous, independent science into action, developing solutions and advocating for a healthy, safe, and just future.

International
11
Climate Breakthrough Inc

To launch breakthrough climate mitigation efforts by identifying, supporting, and unleashing innovative leaders with transformative strategies.

Human Services
12
Public Media Nj Inc

To bring quality public television programs and resources to communities throughout new jersey and its tri-state neighbors. its content, both on-air and online, aims to reflect the diverse

Arts & Culture
How this is measured
The grantee most central to the portfolio’s shape is The Bridge Project Inc; the most unlike its peers is Nontoxic Certified Inc. 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

53 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. 53 of the 61 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)
5
Early backer (in before they grew)
53/53
Grantees still filing
26/53
Grew since first funded

Where the money sits, by cause and then by grantee

MONMOUTH COUNTY SPCA: $2,392,500 · AnimalsMONMOUTH COUNTY SPCAGENTLE GIANTS DRAFT HORSE RESCUE SOCIETY LTD: $725,000 · AnimalsGENTLE GIANTS DRAFT HORSE RESCUE …Humane World for Animals Inc: $250,000 · AnimalsHumane World for Animals IncBRICK CITY KITTIES RESCUE INC: $120,000 · Animals+1 more: $10,000 · AnimalsROUNDABOUT THEATRE COMPANY INC: $2,450,000 · Arts & CultureROUNDABOUT THEATRE COMPANY INCCLIMATE MUSEUM: $650,000 · Arts & CultureCLIMATE MUSEUM+4 more: $175,000 · Arts & Culture+4 moreYMCA OF GREATER MONMOUTH COUNTY INC: $1,001,500 · Human ServicesYMCA OF GREATE…THE BRIGID ALLIANCE INC: $150,000 · Human ServicesTHE BRIGID ALL…ALLAIRE COMMUNITY FARM A NJ NONPROFIT CO: $125,000 · Human ServicesALLAIRE COMMUN…ADELANTE MUJERES: $60,000 · Human Services+8 more: $199,000 · Human Services+8 moreTHE WHARTON INSTITUTE FOR THE PERFORMING ARTS INC: $550,000 · OtherTHE WHARTON INSTIT…COALITION FOR THE HOMELESS INC: $85,000 · OtherTHE METROPOLITAN OPERA: $75,000 · OtherEarth Island Institute Inc: $123,500 · OtherEarth Island Insti…THE ALLIANCE FOR CLIMATE PROTECTION: $93,500 · OtherCOUNCIL ON THE ENVIRONMENT INC: $77,500 · OtherLUNCH BREAK INC: $225,000 · OtherLUNCH BREAK INCPATH HOME: $230,000 · OtherPATH HOME+21 more: $448,000 · Other+21 moreFIND YOUR LIGHT FOUNDATION: $700,000 · PhilanthropyTHE BRIDGE PROJECT INC: $75,000 · Philanthropy+1 more: $25,000 · PhilanthropyGLOBAL HEALTH CORPS INC: $180,000 · HealthBOOMER ESIASON FOUNDATION: $130,000 · HealthCreative Growth Art Center: $36,000 · HealthMIB AGENTS INC: $20,000 · Health+1 more: $5,000 · HealthOMEGA INSTITUTE FOR HOLISTIC STUDIES INC: $300,000 · Education
Animals$3,497,500Arts & Culture$3,275,000Human Services$1,535,500Other$1,907,500Philanthropy$800,000Health$371,000Education$300,000

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 budgetROUNDABOUT THEATRE COMPANY INC: $2,450,000 over 3y, 1.5% of budgetMONMOUTH COUNTY SPCA: $2,392,500 over 3y, 13% of budgetYMCA OF GREATER MONMOUTH COUNTY INC: $1,001,500 over 2y, 3.0% of budgetGENTLE GIANTS DRAFT HORSE RESCUE SOCIETY LTD: $725,000 over 3y, 3.8% of budgetFIND YOUR LIGHT FOUNDATION: $700,000 over 2y, 17% of budgetCLIMATE MUSEUM: $650,000 over 3y, 9.6% of budgetTHE WHARTON INSTITUTE FOR THE PERFORMING ARTS INC: $550,000 over 3y, 6.0% of budgetHumane World for Animals Inc: $250,000 over 2y, 0.1% of budgetPATH HOME: $230,000 over 3y, 1.7% of budgetLUNCH BREAK INC: $225,000 over 3y, 1.6% of budgetGLOBAL HEALTH CORPS INC: $180,000 over 2y, 4.7% of budgetTHE BRIGID ALLIANCE INC: $150,000 over 3y, 0.5% of budgetBOOMER ESIASON FOUNDATION: $130,000 over 3y, 0.9% of budgetALLAIRE COMMUNITY FARM A NJ NONPROFIT CO: $125,000 over 3y, 3.2% of budgetEarth Island Institute Inc: $123,500 over 2y, 0.2% of budgetBRICK CITY KITTIES RESCUE INC: $120,000 over 2y, 32% of budgetCOUNT BASIE THEATRE INC: $105,000 over 2y, 0.3% of budgetTHE ALLIANCE FOR CLIMATE PROTECTION: $93,500 over 2y, 0.3% of budgetCOALITION FOR THE HOMELESS INC: $85,000 over 3y, 0.2% of budgetCOUNCIL ON THE ENVIRONMENT INC: $77,500 over 3y, 0.2% of budgetTHE BRIDGE PROJECT INC: $75,000 over 3y, 0.3% of budgetADELANTE MUJERES: $60,000 over 3y, 0.2% of budgetBLOOM WHERE PLANTED: $60,000 over 3y, 12% of budgetEVERY WOMAN TREATY INC: $55,000 over 2y, 0.3% of budgetEDWARD CHARLES FOUNDATION: $50,000 over 1y, 0.1% of budgetSoup Kitchen 411 Inc: $45,000 over 3y, 8.3% of budgetWOMEN MOVING MILLIONS INC: $45,000 over 3y, 0.4% of budgetNATIONAL DANCE INSTITUTE: $40,000 over 2y, 0.3% of budgetCitta Inc: $40,000 over 3y, 1.8% of budgetCreative Growth Art Center: $36,000 over 2y, 0.8% of budgetLUV MICHAEL INC: $32,500 over 2y, 0.4% of budgetBradley Angle: $30,000 over 2y, 0.6% of budgetWILLIAM'S BE YOURSELF CHALLENGE: $25,000 over 1y, 6.4% of budgetWOMENFIRST TRANSITION REFERRAL CENTER: $25,000 over 1y, 2.7% of budgetWORLD TRADE CENTER PERFORMING ARTS CENTER INC: $25,000 over 1y, 0.0% of budgetJUSTICE OUTSIDE: $25,000 over 1y, 0.3% of budgetCHESS-IN-THE-SCHOOLS INC: $25,000 over 1y, 0.9% of budgetMIB AGENTS INC: $20,000 over 2y, 0.9% of budgetLIFT INC: $10,000 over 1y, 0.1% of budgetOregon Tradeswomen Inc: $10,000 over 1y, 0.3% of budgetDOVE LEWIS EMERGENCY ANIMAL HOSPITAL INC: $10,000 over 1y, 0.0% of budgetTHE SYMPHONY SPACE INC: $10,000 over 1y, 0.2% of budgetELSO INC: $10,000 over 1y, 0.3% of budgetLITTLE ESSENTIALS: $10,000 over 1y, 1.3% of budgetTIDES CENTER: $5,000 over 1y, 0.0% of budgetROSE HAVEN CIC: $5,000 over 1y, 0.2% of budgetNONTOXIC CERTIFIED INC: $5,000 over 1y, 0.9% of budgetFRIENDS OF THE SOUTH HARWICH MEETING HOUSE INC: $5,000 over 1y, 15% 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.

Gs Donor Advised Phil…Marie Lamfrom Charita…Silicon Valley Commun…The Goldman Sachs Cha…The Oregon Community …New Jersey Natural Ga…The Collins FoundationMeyer Memorial TrustThe Ford FoundationThe San Francisco Fou…Star Mooring Foundati…Ninety-Nine Girlfrien…
Gs Donor Advised Philanthropy Fund for Wealth Management IncNY16.6× affinity12 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Gs Donor Advised Philanthropy Fund for Wealth Management Inc · Marie Lamfrom Charitable Foundation Trust · Silicon Valley Community Foundation · The Goldman Sachs Charitable Gift Fund · The Oregon Community Foundation · New Jersey Natural Gas Company Charity Inc · The Collins Foundation · Meyer Memorial Trust · The Ford Foundation · The San Francisco Foundation · Star Mooring Foundation Inc · Ninety-Nine Girlfriends

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

2024
’20’21’22’23’24’25
no gov · 80%3%10%23%40%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 31%
  • Elso Inc: 100% of income from government
  • Soup Kitchen 411 Inc: 55% of income from government
  • Oregon Tradeswomen Inc: 46% of income from government
  • Adelante Mujeres: 31% of income from government
  • Bradley Angle: 10% of income from government
  • Gather Make Shelter: 7% of income from government
  • Lunch Break Inc: 4% of income from government
  • Count Basie Theatre Inc: 2% of income from government
no gov moneyreceives it· size = income
8get no government money at all
15report government grants on their 990 we could not trace to a source (not plotted)
2rely 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 Mustang Foundation Inc?

Find your warmest path to Mustang 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 61 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 Mustang’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