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National Endowment for Financial Education at a glanceAlso receives grants: funding profile →

· Private foundation

National Endowment for Financial Education

Its FY2025 filing reports that it accepted unsolicited grant applications.

$389k
Granted FY2025still arriving
10
Grants FY2025still arriving
9
States reached
$117k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0189% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.

Education$1.2MScience & Tech$890kSocial Science$851kCommunity Improvement$160kHuman Services$52kHealth$27kPhilanthropy$26kHousing & Shelter$25kOther$0
02FY2025 · 10 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k3 grants · $13k
  • $10k–50k4 grants · $114k
  • $50k–250k3 grants · $262k
$33,000
Median grant
9
States reached
$155M
Total assets
Largest grants
RecipientAmount
MONTANA STATE UNIVERSITY$117,000
MORGAN STATE UNIVERSITY$85,970
ST LOUIS UNIVERSITY$59,126
THE UNIVERSITY OF ALABAMA$48,208
UNIVERSITY OF CALIFORNIA$33,000
UNIVERSITY OF NOTRE DAME$23,000
JUMPSTART COALITION$10,000
LEWIS AND CLARK COLLEGE$9,709
COUNCIL FOR ECONOMIC EDUCATION$1,500
Individual grant recipient$1,500
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 (FY20–25) land where the poverty rate runs at 15%, against an area that typically sits at 12%. 72% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 12%The University of Arizona: $101k → 15%BOSTON COLLEGE: $185k → 7%Womens Community Revitalization Project: $25k → 22%UNIVERSITY OF CALIFORNIA: $33k → 14%Knology: $104k → 17%THE URBAN INSTITUTE: $90k → 14%THE UNIVERSITY OF ALABAMA: $75k → 17%ST LOUIS UNIVERSITY: $177k → 21%Coalition of Communities of Color: $25k → 12%National Coalition Against Domestic Violence: $25k → 12%UNIVERSITY OF NOTRE DAME: $23k → 13%AFCPE: $100k → 15%Foundation for the Mid South: $25k → 23%Stevens Institutes of Technology: $31k → 14%JEFFREY ANVARI-CLARK: $5k → 13%Society for Financial Education & Professional Development: $35k → 9%CHAMPLAIN COLLEGE: $10k → 10%JUMPSTART COALITION: $10k → 8%MORGAN STATE UNIVERSITY: $86k → 19%The University of Arizona: $27k → 15%BOSTON COLLEGE: $44k → 7%Knology: $30k → 17%The Urban Institute: $80k → 14%THE UNIVERSITY OF ALABAMA: $54k → 17%ST LOUIS UNIVERSITY: $59k → 21%LEWIS AND CLARK COLLEGE: $87k → 12%DEE ANNE WARMATH: $7k → 12%AFCPE: $50k → 15%Stevens Institutes of Technology: $31k → 14%COUNCIL FOR ECONOMIC EDUCATION: $25k → 17%THE URBAN INSTITUTE: $50k → 14%THE UNIVERSITY OF ALABAMA: $48k → 17%ST LOUIS UNIVERSITY: $59k → 21%LEWIS AND CLARK COLLEGE: $10k → 12%ASHLEY BLACK: $6k → 12%THE URBAN INSTITUTE: $30k → 14%The University of Alabama: $33k → 17%EDUCATION NORTHWEST: $100k → 12%KATRINA BOROWIEC: $5k → 12%THE UNIVERSITY OF ALABAMA: $31k → 17%JACK BERNHARD KROGER: $5k → 12%Connect to Compete Inc: $25k → 14%THOMAS KORANKYE: $5k → 12%LENA GAN: $5k → 12%YINGYING ZENG: $5k → 12%LU FAN: $5k → 12%MIRANDA C REITER: $5k → 12%KURT A SCHINDLER: $5k → 12%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
MT
ND
MI
NY
MA
OR
IA
IN
OH
PA
NJ
CA
CO
MO
KY
VA
MD
AZ
TN
DC
MS
AL
TX
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.

73%of every dollar goes to organizations it has funded before.
$2.4M · 13 repeat orgs$906k to everyone else

Grantees it renews have grown median revenue +14% since the first grant, against +11% for those funded once.

13 repeat relationships: 5 still active in FY2025, 8 since wound down; 4 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

13
27

Total granted

$2.4M
$776k

Median revenue growth · since first grant

+14%
+11%

Still filing today

69%
30%

New vs renewed · share of each year

In FY2025, 64% of grant dollars renewed an existing relationship; $130k went to new ones.

50%100%’20’21’22’23’24’25
RenewedFirst-time

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

’20’21’22’23’24’25
EducationSocial SciencePublic BenefitCommunity ImprovementHousing & ShelterPhilanthropyOther
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

  • The Rand Corporation
    3× · 2022–2024 · $441k · revenue +16%
  • SL
    ST LOUIS UNIVERSITY
    3× · 2023–2025 · $296k · revenue +7%
  • THE URBAN INSTITUTE
    4× · 2020–2024 · $250k · revenue +14%

Funded once

  • IU
    INDIANA UNIVERSITY OFFICE
    one grant, 2022 · $234k
  • IU
    Indiana University Office of the Treasury
    one grant, 2021 · $100k
  • EN
    EDUCATION NORTHWEST
    one grant, 2024 · $100k · revenue 0%
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
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
2
The George Washington University

The mission of the george washington university (gw) is to educate individuals in liberal arts, languages, sciences, learned professions, and other courses and subjects of study, and to conduct scholarly research and publish the findings…

Education
3
Western New England University

Western new england university, a comprehensive private institution with a tradition of excellence in teaching and scholarship and a commitment to service, awards undergraduate, master's, and doctoral degrees in various departments from…

Education
4
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
5
Trustees of Clark University

Clark university's mission is to educate undergraduate and graduate students to be imaginative and contributing citizens of the world, and to advance the frontiers of knowledge and understanding through rigorous scholarship and creative…

Education
6
Boston Architectural College

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

—
7
Drexel University

Drexel university fulfills its founder's vision of preparing each new generation of students for productive professional and civic lives while also focusing its collective expertise on solving society's greatest problems. drexel is an…

Education
8
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
9
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
10
Roger Williams University

At Roger Williams University, students are prepared to be thinkers and doers ready to solve challenging problems with innovative solutions. RWU offers robust offerings of undergraduate, graduate and professional programs across eight…

Education
11
Albright College

As a diverse community of learners, we cultivate integrity, curiosity, connection and resilience.

Education
12
Fielding Graduate University

We provide exemplary interdisciplinary programs for a community of scholar-practitioners within a distributed learning model grounded in student-driven inquiry and leading to enhanced knowledge.

—
How this is measured
The grantee most central to the portfolio’s shape is Council for Economic Education; the most unlike its peers is National Coalition Against Domestic Violence. 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

19 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. 19 of the 45 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)
2
Early backer (in before they grew)
18/19
Grantees still filing
13/19
Grew since first funded

Where the money sits, by cause and then by grantee

THE UNIVERSITY OF ALABAMA: $241,137 · OtherTHE UNIVERSITY OF ALABAMAMONTANA STATE UNIVERSITY: $234,388 · OtherMONTANA STATE UNIVERSITYINDIANA UNIVERSITY OFFICE: $234,000 · OtherINDIANA UNIVERSITY OFFICEThe University of Arizona: $128,510 · OtherThe University of ArizonaUNIVERSITY OF TENNESSEE: $103,124 · OtherUNIVERSITY OF TENNESSEEIndiana University Office of the Treasury: $100,000 · OtherIndiana University Office of the TreasuryMORGAN STATE UNIVERSITY: $85,970 · OtherMORGAN STATE UNIVERSITYTEXAS TECH UNIVERSITY SYS: $69,134 · Other+19 more: $171,508 · Other+19 moreST LOUIS UNIVERSITY: $295,631 · EducationST LOUIS UNIVERSITYTRUSTEES OF BOSTON COLLEGE: $228,559 · EducationTRUSTEES OF BOSTON COLLEG…LEWIS & CLARK COLLEGE: $96,212 · EducationLEWIS & CLARK COLLEGETHE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY: $62,166 · EducationTHE TRUSTEES OF THE STEVE…SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT: $35,000 · Education+2 more: $33,000 · EducationThe Rand Corporation: $440,624 · Public BenefitThe Rand Corporatio…EDUCATION NORTHWEST: $99,759 · Public BenefitEDUCATION NORTHWESTCONNECT TO COMPETE INC: $25,000 · Public BenefitTHE URBAN INSTITUTE: $250,000 · Social ScienceTHE URBAN INST…KNOLOGY LTD: $134,000 · Social ScienceKNOLOGY LTDCOUNCIL FOR ECONOMIC EDUCATION: $26,500 · Social ScienceCOUNCIL FOR EC…COALITION OF COMMUNITIES OF COLOR: $25,000 · Social ScienceCOALITION OF C…ASSOCIATION FOR FINANCIAL COUNSELING AND PLANNING EDUCATION: $150,000 · Community ImprovementFOUNDATION FOR THE MID SOUTH INC: $25,000 · Community ImprovementWOMEN'S COMMUNITY REVITALIZATION PROJECT: $25,000 · Housing & ShelterGRANTMAKERS FOR EFFECTIVE ORGANIZATIONS: $850 · Philanthropy
Other$1,367,771Education$750,568Public Benefit$565,383Social Science$435,500Community Improvement$175,000Housing & Shelter$25,000Philanthropy$850

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetThe Rand Corporation: $440,624 over 3y, 0.1% of budgetST LOUIS UNIVERSITY: $295,631 over 3y, 0.0% of budgetTHE URBAN INSTITUTE: $250,000 over 4y, 0.1% of budgetTRUSTEES OF BOSTON COLLEGE: $228,559 over 2y, 0.0% of budgetASSOCIATION FOR FINANCIAL COUNSELING AND PLANNING EDUCATION: $150,000 over 2y, 4.7% of budgetKNOLOGY LTD: $134,000 over 2y, 6.8% of budgetEDUCATION NORTHWEST: $99,759 over 1y, 0.7% of budgetLEWIS & CLARK COLLEGE: $96,212 over 2y, 0.0% of budgetTHE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY: $62,166 over 2y, 0.0% of budgetSOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT: $35,000 over 1y, 6.4% of budgetCOUNCIL FOR ECONOMIC EDUCATION: $26,500 over 2y, 0.4% of budgetCONNECT TO COMPETE INC: $25,000 over 1y, 1.5% of budgetFOUNDATION FOR THE MID SOUTH INC: $25,000 over 1y, 2.8% of budgetCOALITION OF COMMUNITIES OF COLOR: $25,000 over 1y, 1.8% of budgetNATIONAL COALITION AGAINST DOMESTIC VIOLENCE: $25,000 over 1y, 1.8% of budgetWOMEN'S COMMUNITY REVITALIZATION PROJECT: $25,000 over 1y, 0.9% of budgetUniversity of Notre Dame du Lac: $23,000 over 1y, 0.0% of budgetCHAMPLAIN COLLEGE INCORPORATED: $10,000 over 1y, 0.0% of budgetGRANTMAKERS FOR EFFECTIVE ORGANIZATIONS: $850 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.

  • Who funds The Rand Corporation ↗
  • Who funds ST LOUIS UNIVERSITY ↗
  • Who funds THE URBAN INSTITUTE ↗
  • Who funds TRUSTEES OF BOSTON COLLEGE ↗
  • Who funds ASSOCIATION FOR FINANCIAL COUNSELING AND PLANNING EDUCATION ↗
  • Who funds KNOLOGY LTD ↗
  • Who funds EDUCATION NORTHWEST ↗
  • Who funds LEWIS & CLARK COLLEGE ↗
  • Who funds THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY ↗
  • Who funds SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT ↗
  • Who funds COUNCIL FOR ECONOMIC EDUCATION ↗
  • Who funds CONNECT TO COMPETE INC ↗
  • Who funds FOUNDATION FOR THE MID SOUTH INC ↗
  • Who funds COALITION OF COMMUNITIES OF COLOR ↗
  • Who funds NATIONAL COALITION AGAINST DOMESTIC VIOLENCE ↗
  • Who funds WOMEN'S COMMUNITY REVITALIZATION PROJECT ↗
  • Who funds University of Notre Dame du Lac ↗
  • Who funds CHAMPLAIN COLLEGE INCORPORATED ↗

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.

Jpmorgan Chase Founda…Vanguard Charitable E…American Online Givin…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
Jpmorgan Chase FoundationNY10.4× affinity4 shared granteesties to 5 of 5Hover any node to trace its alignments.Compare side by side →

Open a dossier: Jpmorgan Chase Foundation · 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 National Endowment for Financial Education funds: left to right is the share of its income from government, bottom to top the share from National Endowment for Financial Education. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%23%45%68%90%share of the org’s income from government →median 12%
  • Education Northwest: 44% of income from government
  • Coalition of Communities of Color: 15% of income from government
  • The Trustees of the Stevens Institute of Technology: 12% of income from government
  • Trustees of Boston College: 3% of income from government
  • Lewis & Clark College: 2% of income from government
  • Champlain College Incorporated: 0% of 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 · 0–90%
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 45 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 National Endowment for Financial Education’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