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Washington, D.C. · Public charity

National Association of Regulatory Utility Commissioners

Founded in 1889, the national association of regulatory utility commisioners (naruc) is a non-profit organization dedicated to representing the state public service commisions who regulate the utilities that provide essential services such as energy, telecommunications, water and transportation.

$1.5M
Granted FY2023
18
Itemized grants FY2023
15
Organizations funded FY2023
40%
First-time grantees FY2023
Read the full brief
Itemized, FY2023
$840k
The rest is grants the schedule does not break out
Median grant, FY2023
$21,332
Largest grant, FY2023
$237,978
Organizations funded a year
4 to 18
FY2017 to FY2023
States reached, FY2023
7
Total assets, FY2023
$18M

How open it is to new grantees

In FY2023, 40% of the organizations National Association of Regulatory Utility Commissioners funded were first-time grantees, receiving 19% of its grant dollars.

New vs renewed · share of each year

In FY2023, 81% of grant dollars renewed an existing relationship; $163k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

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

’18’19’20’21’22’23
EnvironmentScience & TechPublic Safety & DisasterPublic BenefitOther
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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY202315$840k40%
FY202218$1.2M44%
FY202111$822k55%
FY20208$581k75%
FY20198$541k63%
FY20184$313k75%
FY20174$484kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2023.

Environment$2.2MScience & Tech$857kInternational$620kCommunity Improvement$403kPublic Safety & Disaster$396kEmployment$307kRecreation & Sports$23kArts & Culture$14k

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

VT
MN
IL
MI
MA
OR
OH
CA
CO
VA
MD
AZ
DC
OK
TX

Top grantees

Largest recipients by total granted, FY2017 to FY2023, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
National Association of Regulatory Utility Commissioners$1,084,68453%
Converge Strategies LLC$666,6706n/a
The Cadmus Group LLC$430,0705n/a
Potomac Economics$346,2012n/a
Energy and Environmental Economics Inc$278,8625n/a
Neos Group Inc$275,9284n/a
Jq Resources LLC$152,6333n/a
Oni Enterprises LLC$144,7652n/a
Exeter Associates Inc$135,2081n/a
Meister Consultants Group Inc$119,3131n/a
Show all 38 grantees
All grantees of National Association of Regulatory Utility Commissioners by total granted
GranteeTotal grantedYearsShare of their budget
National Association of Regulatory Utility Commissioners$1,084,68453%
Converge Strategies LLC$666,6706n/a
The Cadmus Group LLC$430,0705n/a
Potomac Economics$346,2012n/a
Energy and Environmental Economics Inc$278,8625n/a
Neos Group Inc$275,9284n/a
Jq Resources LLC$152,6333n/a
Oni Enterprises LLC$144,7652n/a
Exeter Associates Inc$135,2081n/a
Meister Consultants Group Inc$119,3131n/a
Nreca International$110,45521%
Plugged in Strategies$90,9736n/a
Public Sector Consultants Inc$90,7601n/a
The Cadmus Group LLC$86,5581n/a
Nexight Group LLC$86,3202n/a
Esta International$74,7752n/a
Leonardo Technologies Inc$69,9961n/a
Fti Consulting Inc$69,4291n/a
Bcs LLC$68,1802n/a
Energy Ventures Analysis Inc$64,2292n/a
Siedler Consulting$54,9751n/a
Energy Market Group Inc$54,1632n/a
National Regulatory Research Institute$40,93614%
Texas A&M Engineering Extension Service$36,6652n/a
E9 Insight$21,3323n/a
Knowledge Problem LLC$19,9992n/a
National Association of State Energy Officials$19,49030%
Epoch Energy Advisory Services LLC$19,0081n/a
Pierce Atwood LLP$18,7201n/a
Institute of Gas Technology$13,50010%
Elevated Engagement$13,4813n/a
Hunterston Consulting$12,8253n/a
Institute for Market Transformation$12,07910%
Smart Electric Power Alliance$9,99010%
Regulatory Assistance Project$7,60020%
Energy Sector Security Consortium$5,40010%
Rocky Mountain Institute$5,14430%
Electric Power Research Institute Inc$5,00520%

Where it is load-bearing

Each grantee by its size and the share of its budget National Association of Regulatory Utility Commissioners supplied at peak.

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetNational Association of Regulatory Utility Commissioners: $1,084,684 over 5y, 3.4% of budgetNreca International: $110,455 over 2y, 0.7% of budgetNational Regulatory Research Institute: $40,936 over 1y, 4.1% of budgetNational Association of State Energy Officials: $19,490 over 3y, 0.3% of budgetInstitute of Gas Technology: $13,500 over 1y, 0.0% of budgetInstitute for Market Transformation: $12,079 over 1y, 0.3% of budgetSmart Electric Power Alliance: $9,990 over 1y, 0.1% of budgetRegulatory Assistance Project: $7,600 over 2y, 0.1% of budgetEnergy Sector Security Consortium: $5,400 over 1y, 0.5% of budgetRocky Mountain Institute: $5,144 over 3y, 0.0% of budgetElectric Power Research Institute Inc: $5,005 over 2y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 11.

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.

Fidelity Investments …Amazonsmile Foundation
Fidelity Investments Charitable Gift FundMA0.9× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: 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.

Compare National Association of Regulatory Utility Commissioners with peer funders

About National Association of Regulatory Utility Commissioners

How much does National Association of Regulatory Utility Commissioners give?
National Association of Regulatory Utility Commissioners reported 18 itemized grants totaling $840,487, out of $1,474,574 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 4 and 18 organizations a year over FY2017 to FY2023.
What does National Association of Regulatory Utility Commissioners fund?
By grant dollars over FY2017 to FY2023, its largest causes are Environment (46%), Science & Tech (18%), International (13%).
Who are National Association of Regulatory Utility Commissioners's largest grantees?
By total granted over FY2017 to FY2023: National Association of Regulatory Utility Commissioners ($1.1M), Converge Strategies LLC ($667k), The Cadmus Group LLC ($430k).
Does National Association of Regulatory Utility Commissioners fund new organizations?
In FY2023, 40% of the organizations it funded were first-time grantees.
Which funders back the same organizations as National Association of Regulatory Utility Commissioners?
Its strongest co-funders, measured against what their size predicts, include Fidelity Investments Charitable Gift Fund, Amazonsmile Foundation.
Where is National Association of Regulatory Utility Commissioners based?
National Association of Regulatory Utility Commissioners is based in DC.

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 38 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 e-file return for fiscal year 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports $821k of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2023, the most recent year this funder named its grantees.

Source object · view filing

Play a game based on National Association of Regulatory Utility Commissioners’ 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