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Nelson and Michele Carbonell Foundation at a glance

· Private foundation

Nelson and Michele Carbonell Foundation

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.

$984k
Granted FY2025still arriving
5
Grants FY2025still arriving
3
States reached
$500k
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.

Recreation & Sports$1.3MHuman Services$1.3MHealth$756kEducation$676kPhilanthropy$168kYouth Development$10k
02FY2025 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • $10k–50k2 grants · $59k
  • $50k–250k1 grant · $50k
  • $250k+2 grants · $875k
$50,000
Median grant
3
States reached
$4.7M
Total assets
Largest grants
RecipientAmount
PGA TOUR FIRST TEE FOUNDATION$500,000
EXCEPTIONAL MINDS$375,000
PATRICK SHIFFLET FOUNDATION$50,000
TGR FOUNDATION$36,000
MONTEREY PENINSULA FOUNDATION$22,500
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:

Its human-services grants (FY17–25, $1.3M) land where the poverty rate runs at 14%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%EXCEPTIONAL MINDS: $375k → 14%EXCEPTIONAL MINDS: $250k → 14%EXCEPTIONAL MINDS: $250k → 14%EXCEPTIONAL MINDS: $250k → 14%EXCEPTIONAL MINDS: $50k → 14%EXCEPTIONAL MINDS: $50k → 14%EXCEPTIONAL MINDS: $50k → 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.
03Its grantees
repeat funding

Who it funds again

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

96%of every dollar goes to organizations it has funded before.
$4.0M · 7 repeat orgs$177k to everyone else

7 repeat relationships: 4 still active in FY2025, 3 since wound down; 1 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

7
3

Total granted

$4.0M
$141k

Median revenue growth · since first grant

+18%
+37%

Still filing today

86%
67%

New vs renewed · share of each year

In FY2025, 96% of grant dollars renewed an existing relationship; $36k went to new ones.

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

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

’17’19’20’21’22’23’24’25
EducationRecreation & SportsHealthHuman ServicesPhilanthropyOther
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

  • EM
    EXCEPTIONAL MINDS
    7× · 2017–2025 · $1.3M · revenue +25%
  • TG
    The George Washington University
    3× · 2017–2022 · $300k · revenue +30%
  • AO
    ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES
    2× · 2017–2019 · $15k · revenue +18%

Funded once

  • TF
    THE FIRST TEE OF GREATER WASHINGTON DC LANGSTON GOLF COURSE
    one grant, 2024 · $125k · revenue -18%
  • BA
    BOYS AND GIRLS CLUB OF CONEJO VALLEY
    one grant, 2021 · $10k
  • EF
    ELS FOR AUTISM FOUNDATIONgraduated
    one grant, 2021 · $6k · revenue +37%
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
Golden Gate University

Golden gate university prepares individuals to lead and serve by providing high quality, practice-based educational programs in law, taxation, business and related professions - as a nonprofit institution - in an innovative and challenging…

Education
2
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
3
Educational Testing Service

Educational testing service (ets) was incorporated in 1947 by the board of regents for the education department of the state of new york as an educational organization to engage in research, services and other activities in the field of…

Education
4
DePauw University

Depauw university develops leaders the world needs through an uncommon commitment to the liberal arts. depauw's diverse and inclusive learning and living experience, distinctive in its rigorous intellectual engagement and its global and…

Education
5
The American College of Trust and Estate Counsel

Enhance the ability of actec members to provide the most efficient and highest quality services to their clients; develop qualified trust and estate counselors; improve and reform probate, trust and tax laws, procedures, and standards of…

Community Improvement
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
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
8
United States Telecom Association

See schedule oustelecom exists to ensure members can compete, grow and thrive to build a world where families, enterprises and communities are connected through the power of broadband.our member companies have committed a considerable…

—
9
American Gas Association

American gas association's (the association) mission is to develop and advocate for informed, innovative, and durable policy that fulfills our nation's energy needs, environmental aspirations and economic potential. we are committed to…

—
10
Aacsb International - the Association to Advance Collegiate Schools of Business

Aacsb international provides quality assurance of business school programs, the latest in business education intelligence, thought leadership, and learning and development services.

Education
11
Institute for Student Achievement Foundation

Institute for student achievement foundation (isaf) raises funds to support the institute for student achievement (isa), which is a part of educational testing service, a section 501(c)(3) public charity, that wants all students,…

Education
12
Harvard Club of Washington Dc

To inform and enrich the intellectual lives of 20,000 alumni of harvard university in the washington, dc area and to assist harvard university with respect to applicants and undergraduates from the dc area.

Education
How this is measured
The grantee most central to the portfolio’s shape is Tiger Woods Foundation Inc; the most unlike its peers is Els for Autism Foundation. 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

9 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. 9 of the 11 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)
0
Early backer (in before they grew)
9/9
Grantees still filing
4/9
Grew since first funded

Where the money sits, by cause and then by grantee

PGA TOUR FIRST TEE FOUNDATION INC: $1,170,000 · Recreation & SportsPGA TOUR FIRST TEE FOUNDATION INCTHE FIRST TEE OF GREATER WASHINGTON DC LANGSTON GOLF COURSE: $125,000 · Recreation & SportsTHE FIRST TEE OF GREATER WASHINGTON…EXCEPTIONAL MINDS: $1,275,000 · Human ServicesEXCEPTIONAL MINDSAUTISM SPEAKS INC: $750,000 · HealthAUTISM SPEAKS INC+1 more: $6,000 · HealthThe George Washington University: $300,000 · EducationThe Georg…TIGER WOODS FOUNDATION INC: $36,000 · EducationTIGER WOO…ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES: $15,000 · EducationPATRICK SHIFFLET FOUNDATION: $325,000 · OtherPATRICK S…+1 more: $10,000 · OtherMONTEREY PENINSULA FOUNDATION: $168,000 · Philanthropy
Recreation & Sports$1,295,000Human Services$1,275,000Health$756,000Education$351,000Other$335,000Philanthropy$168,000

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 budgetEXCEPTIONAL MINDS: $1,275,000 over 7y, 8.8% of budgetPGA TOUR FIRST TEE FOUNDATION INC: $1,170,000 over 5y, 0.9% of budgetAUTISM SPEAKS INC: $750,000 over 5y, 0.4% of budgetThe George Washington University: $300,000 over 3y, 0.0% of budgetMONTEREY PENINSULA FOUNDATION: $168,000 over 6y, 0.2% of budgetTHE FIRST TEE OF GREATER WASHINGTON DC LANGSTON GOLF COURSE: $125,000 over 1y, 5.3% of budgetTIGER WOODS FOUNDATION INC: $36,000 over 1y, 0.2% of budgetASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES: $15,000 over 2y, 0.1% of budgetELS FOR AUTISM FOUNDATION: $6,000 over 1y, 0.1% 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.

Pga Tour IncThe Ayco Charitable F…Gs Donor Advised Phil…American Endowment Fo…Morgan Stanley Global…American Online Givin…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
Pga Tour IncFL13.5× affinity4 shared granteesties to 8 of 8Hover any node to trace its alignments.Compare side by side →

Open a dossier: Pga Tour Inc · The Ayco Charitable Foundation · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · American Endowment Foundation · Morgan Stanley Global Impact Funding Trust Inc · 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 Nelson and Michele Carbonell Foundation funds: left to right is the share of its income from government, bottom to top the share from Nelson and Michele Carbonell Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%1%3%6%10%funder's share of their income ↑0%3%5%8%10%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get 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 · 0–10%
    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 11 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 Nelson and Michele Carbonell’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