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· Private foundation

Neena Rao Charitable Corp

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.

$337k
Granted FY2024still arriving
39
Grants FY2024still arriving
4
States reached
$200k
Largest
01What it funds
0175% classified

What it funded, over time

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

Health$654kAnimals$555kEducation$465kRecreation & Sports$235kReligion$162kFood & Nutrition$150kCommunity Improvement$62kHuman Services$29kOther$0
02FY2024 · 39 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k33 grants · $59k
  • $10k–50k5 grants · $79k
  • $50k–250k1 grant · $200k
$1,000
Median grant
4
States reached
$4.9M
Total assets
Largest grants
RecipientAmount
SHUTTLE WORTH PARK FOUNDATION$200,000
HINDU TEMPLE SOCIETY$31,467
Individual grant recipient$14,500
UNIVERSITY OF ALBANY$12,664
AMSTERDAM ROTARY CLUB$10,000
FOUNDATION OF FMCC$10,000
ALBANY COLLEGE OF PHARMACY AND HEAL$9,782
Individual grant recipient$8,000
CATHOLIC CHARITIES$6,000
MARIA COLLEGE OF ALBANY$4,760
SANTA BARBARA FOUNDATION$4,100
Individual grant recipient$3,102
AMSTERDAM ELKS LODGE$3,000
VILLA MARIA ACADEMY$1,650
NEW YORK ATHLETIC CLUB$1,523
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 (FY22–22, $5k) land where the poverty rate runs at 6%, against an area that typically sits at 8%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 8%THE URBAN LEAGUE OF WESTCHESTER: $5k → 6%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

NY
NJ
CA
KY
WV
VA
AZ
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.

74%of every dollar goes to organizations it has funded before.
$1.8M · 20 repeat orgs$657k to everyone else

Grantees it renews have grown median revenue +28% since the first grant, against -1% for those funded once.

20 repeat relationships: 10 still active in FY2024, 10 since wound down; 28 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

20
34

Total granted

$1.8M
$374k

Median revenue growth · since first grant

+28%
-1%

Still filing today

15%
21%

New vs renewed · share of each year

In FY2024, 15% of grant dollars renewed an existing relationship; $283k went to new ones.

50%100%’20’21’22’24
RenewedFirst-time

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

’20’21’22’24
Recreation & SportsArts & CultureInternationalEducationAnimalsReligionOther
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

  • SM
    ST MARY HOSPITAL
    3× · 2020–2022 · $642k
  • MC
    MONTGOMERY COUNTY SPCA
    3× · 2020–2022 · $555k · revenue -34% · 44% of their budget
  • AP
    AMISH PAROCHIAL SCHOOL
    3× · 2020–2022 · $410k

Funded once

  • MF
    MEALS FOR SENIOR CITIZEN
    one grant, 2022 · $150k
  • IG
    Individual grant recipient
    one grant, 2022 · $50k
  • CC
    CENTRO CEVICO ORGANISATION
    one grant, 2020 · $45k
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
Wmc-New York Inc

Wmc new york, inc. shall at all times be operated exclusively for charitable, scientific, and educational purposes within the meaning of section 170(c)(2)(b) and 501(c)(3) of the code, and for the purpose of engaging in various activities…

Health
2
New York League of Conservation Voters Education Fund

See schedule onylcvef's mission is to educate, engage and empower new yorkers to be effective advocates on behalf of the environment from clean energy and funding for parks, to solid waste and green buildings. first, we educate new yorkers…

Environment
3
New York League of Conservation Voters

See schedule onylcv is a non-partisan policy making and political action organization that works to make environmental protection a top priority with elected officials, decision-makers and the voters by evaluating incumbent performance and…

—
4
Nyac Athlete's Fund Inc

The mission of the fund is to foster, promote and encourage sports, exercises, sportsmanship and athletic contests, to pay or reimburse the cost of all necessary or proper travel, entry and related expenses of participants therein, and to…

Recreation & Sports
5
The Economic Club of New York

The economic club of new york is a nonprofit, nonpartisan, nonpolitical organization dedicated to the promotion of the study and discussion of social, economic and political questions. for more than a century, the club has served as the…

Social Science
6
United Memorial Medical Center Foundation Inc

To raise and manage funds in support of united memorial medical center and it's affiliates.

Health
7
New York Soccer Club of Westchester

Pursue the highest standard in youth development by providing the best possible environment for player growth, enjoyment and character development within a unified and cohesive club structure.

Recreation & Sports
8
The New York Yacht Club

To attract and bring together a dedicated group in yachting and naval members to share and foster their interest in yachting and yacht racing;(continue on schedule o)

—
9
Stony Brook Ophthalmology University Faculty Practice Corporation

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

Health
10
The University Club

To provide dining, entertainment, and recreational facilities for its members.

—
11
New York Medical College

New york medical college (nymc), a member of touro university, is a health sciences college whose purpose is to educate clinical and public health professionals as well as researchers, to conduct biomedical and population-based research…

—
12
The Penn Club of New York Inc

The penn club of new york has been established to encourage and cultivate free interchange, social activity and good fellowship among alumni, faculty, staff, students and friends of the university of pennsylvania and to assist and promote…

—
How this is measured
The grantee most central to the portfolio’s shape is New York Athletic Club; the most unlike its peers is Mohawk Valley Collective 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

17 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. 17 of the 83 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)
1
Early backer (in before they grew)
17/17
Grantees still filing
7/17
Grew since first funded

Where the money sits, by cause and then by grantee

ST MARY HOSPITAL: $641,600 · OtherST MARY HOSPITALAMISH PAROCHIAL SCHOOL: $410,000 · OtherAMISH PAROCHIAL SCHOOLMEALS FOR SENIOR CITIZEN: $150,000 · OtherMEALS FOR SENIOR CITIZENHINDU TEMPLE SOCIETY: $133,610 · OtherHINDU TEMPLE SOCIETY+69 more: $354,116 · Other+69 moreMONTGOMERY COUNTY SPCA: $555,000 · AnimalsMONTGOMERY COUNTY SPCASHUTTLEWORTH PARK FOUNDATION INC: $200,000 · Recreation & SportsSHUTTLEWOR…USA WATER POLO INC: $25,000 · Recreation & SportsUSA WATER …+1 more: $1,500 · Recreation & SportsWALTER ELWOOD MUSEUM: $15,000 · Arts & Culture+1 more: $250 · Arts & CultureWORLD CENTRAL KITCHEN INC: $9,000 · InternationalEYE FOUNDATION OF AMERICA INC: $1,000 · InternationalURBAN LEAGUE OF WESTCHESTER INC: $5,103 · Human ServicesSANTA BARBARA FOUNDATION: $4,100 · Philanthropy
Other$1,689,326Animals$555,000Recreation & Sports$226,500Arts & Culture$15,250International$10,000Human Services$5,103Philanthropy$4,100

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 budgetMONTGOMERY COUNTY SPCA: $555,000 over 3y, 44% of budgetUSA WATER POLO INC: $25,000 over 1y, 0.3% of budgetWALTER ELWOOD MUSEUM: $15,000 over 3y, 3.1% of budgetBREAST CANCER ACTION: $10,000 over 1y, 1.1% of budgetWORLD CENTRAL KITCHEN INC: $9,000 over 1y, 0.0% of budgetURBAN LEAGUE OF WESTCHESTER INC: $5,103 over 1y, 0.1% of budgetSANTA BARBARA FOUNDATION: $4,100 over 1y, 0.0% of budgetAmsterdam Elks Lodge BPOE 101: $3,000 over 1y, 2.6% of budgetNEW YORK ATHLETIC CLUB: $1,523 over 1y, 0.0% of budgetAMSTERDAM YOUTH SOCCER CLUB INC: $1,500 over 2y, 1.7% of budgetEYE FOUNDATION OF AMERICA INC: $1,000 over 1y, 0.2% of budgetNATIONAL UNIVERSITY FOUNDATION: $1,000 over 1y, 0.9% of budgetST MARY'S HEALTHCARE: $350 over 1y, 0.0% of budgetJET USA INC: $251 over 1y, 0.0% of budgetMohawk Valley Collective Inc: $250 over 1y, 0.1% of budgetCOLGATE UNIVERSITY: $13 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 MONTGOMERY COUNTY SPCA ↗
  • Who funds SHUTTLEWORTH PARK FOUNDATION INC ↗
  • Who funds USA WATER POLO INC ↗
  • Who funds WALTER ELWOOD MUSEUM ↗
  • Who funds BREAST CANCER ACTION ↗
  • Who funds WORLD CENTRAL KITCHEN INC ↗
  • Who funds URBAN LEAGUE OF WESTCHESTER INC ↗
  • Who funds SANTA BARBARA FOUNDATION ↗
  • Who funds Amsterdam Elks Lodge BPOE 101 ↗
  • Who funds NEW YORK ATHLETIC CLUB ↗
  • Who funds AMSTERDAM YOUTH SOCCER CLUB INC ↗

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.

Verizon FoundationNJ11× affinity5 shared granteesties to 6 of 6Hover any node to trace its alignments.Compare side by side →

Open a dossier: Verizon Foundation · 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 Neena Rao Charitable Corp funds: left to right is the share of its income from government, bottom to top the share from Neena Rao Charitable Corp. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%6%25%56%100%funder's share of their income ↑0%1%3%4%5%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    5report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    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 83 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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