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Nelsons Family Foundation at a glance

· Private foundation

Nelsons Family 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.

$116k
Granted FY2025still arriving
35
Grants FY2025still arriving
9
States reached
$20k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0193% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Arts & Culture$260kEducation$228kReligion$113kHealth$58kPhilanthropy$25kRecreation & Sports$17kScience & Tech$16kCivil Rights$9kOther$0
02FY2025 · 35 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k32 grants · $65k
  • $10k–50k3 grants · $51k
$1,000
Median grant
9
States reached
$1.7M
Total assets
Largest grants
RecipientAmount
TRINITY SCHOOL$20,000
Individual grant recipient$18,600
HARVARD HILLEL$12,000
METROPOLITAN OPERA$9,508
CENTRAL SYNAGOGUE$5,650
MEMORIAL SLOAN KETTERING HOSPITAL$5,000
AMERICANS FRIENDS OF MAGEN DAVID$5,000
WILLIAMS COLLEGE ALUMNI FUND$5,000
VASSAR COLLEGE$5,000
MUSEUM OF JEWISH HERITAGE$3,600
NEW WORLD SYMPHONY$3,500
FRIENDS OF CATS & DOGS FOUNDATION$2,500
GALLIM DANCE$2,500
AMERICAN BALLET THEATRE$2,400
MOMA-MUSEUM OF MODERN ART$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 (FY17–25) land where the poverty rate runs at 15%, against an area that typically sits at 10%. 81% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%HARVARD HILLEL: $13k → 8%WILLIAMS COLLEGE ALUMNI FUND: $5k → 12%ADELPHI UNIVERSITY: $5k → 6%MUSEUM OF JEWISH HERITAGE: $5k → 17%NEW WORLD SYMPHONY: $5k → 15%SANDY HOOK PROMISE FOUNDATION: $5k → 9%CONTEMPORARY ARTS COUNCIL: $5k → 14%COMMUNITY CARE FOOD PANTRY: $5k → 12%KIMBALL UNION ACADEMY: $5k → 10%HARVARD HILLEL: $12k → 8%WILLIAMS COLLEGE ALUMNI FUND: $5k → 12%VASSAR COLLEGE: $5k → 9%NEW WORLD SYMPHONY: $5k → 15%ELIZABETH'S SMILE: $5k → 9%KIMBALL UNION ACADEMY: $5k → 10%HARVARD HILLEL: $12k → 8%VASSAR COLLEGE: $5k → 9%MUSEUM OF JEWISH HERITAGE: $5k → 17%MOUNTAIN VALLEY TREATMENT CENTER: $15k → 10%HARVARD HILLEL: $10k → 8%HARVARD UNIVERSITY: $10k → 8%TEMPLE BETH SHALOM: $8k → 9%AMERICA NEEDS YOU: $10k → 17%CENTRAL SYNAGOGUE: $6k → 17%TOWN SCHOOL: $6k → 17%METROPOLITAN OPERA: $18k → 17%METROPOLITAN OPERA: $17k → 17%METROPOLITAN OPERA: $16k → 17%METROPOLITAN OPERA: $13k → 17%METROPOLITAN OPERA: $12k → 17%METROPOLITAN OPERA: $11k → 17%ETHICAL CULTURE FIELDSTON SCHOOL: $11k → 17%METROPOLITAN OPERA: $10k → 17%ETHICAL CULTURE FIELDSTON SCHOOL: $8k → 17%METROPOLITAN OPERA: $8k → 17%WEIL CORNELL MEDICINE DEPARTMENT: $10k → 17%PARK AVENUE SYNOGOGUE: $34k → 17%PARK AVENUE SYNOGOGUE: $24k → 17%PARK AVENUE SYNOGOGUE: $19k → 17%PARK AVENUE SYNOGOGUE: $19k → 17%PARK AVENUE SYNOGOGUE: $15k → 17%PARK AVENUE SYNOGOGUE: $14k → 17%PARK AVENUE SYNOGOGUE: $14k → 17%PARK AVENUE SYNOGOGUE: $13k → 17%TRINITY SCHOOL: $20k → 17%TRINITY SCHOOL: $20k → 17%TRINITY SCHOOL: $13k → 17%TRINITY SCHOOL: $10k → 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

AK
VT
NH
IL
NY
MA
NV
OH
PA
NJ
CT
RI
CA
TN
NC
DC
AL
FL
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.

84%of every dollar goes to organizations it has funded before.
$769k · 57 repeat orgs$150k to everyone else

Grantees it renews have grown median revenue +35% since the first grant, against +12% for those funded once.

57 repeat relationships: 25 still active in FY2025, 32 since wound down; 10 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

57
50

Total granted

$769k
$132k

Median revenue growth · since first grant

+35%
+12%

Still filing today

63%
36%

New vs renewed · share of each year

In FY2025, 85% of grant dollars renewed an existing relationship; $18k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

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

’17’18’19’20’21’22’23’24’25
Arts & CultureEducationHealthEnvironmentRecreation & SportsPhilanthropyOther
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

  • HF
    HILLEL FOUNDATION OF CAMBRIDGE INC
    7× · 2018–2025 · $60k · revenue +93%
  • EC
    ETHICAL CULTURE FIELDSTON SCHOOL
    9× · 2017–2025 · $40k · revenue +35%
  • NW
    NEW WORLD SYMPHONY INC
    9× · 2017–2025 · $31k · revenue +12%

Funded once

  • MV
    Moosilauke Visions Incgraduated
    one grant, 2023 · $15k · revenue +441%
  • WC
    WEIL CORNELL MEDICINE DEPARTMENT
    one grant, 2020 · $10k
  • CA
    CONTEMPORARY ARTS COUNCIL
    one grant, 2017 · $5k
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
Institute for Advanced Study - Louis Bamberger & Mrs Felix Fuld Foundation

The institute for advanced study (the institute) is one of the world's leading centers for theoretical research and intellectual inquiry. see schedule o.

Science & Tech
2
New York University

Nyu is a private university with approximately 60,000 matriculating students in 20 schools and institutes. nyu's primary missions are education, research and scholarship, and patient care.

Education
3
Dickinson College

Dickinson college provides a useful, innovative and interdisciplinary education in the liberal arts and sciences to prepare students to lead rich and fulfilling lives of engaged global citizenship

Education
4
Manhattanville University

To educate students to be ethical and socially responsible leaders in a global community.

Education
5
The Trustees of Princeton University

Research, education and general - princeton university is a private not-for-profit, non-sectarian institution of higher learning with approximately 5,700 undergraduate and 3,300 graduate students. 2,500 students graduated in the 2024-2025…

Education
6
Boston Architectural College

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

—
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
Bar Ilan University in Israel Inc

Biu produces students who excel in the sciences, humanities, law, engineering, business & the arts.

—
9
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
10
Bard College

Bard college seeks to provide a challenging academic program and a supportive environment that fosters a collaborative interchange of ideas in the classroom as well as ambition to achieve excellence.

Education
11
New York Genome Center Inc

Operate a state-of-the-art, world-class genomic research center that creates and uses advanced genomics to understand the genetic basis of disease. for more information, see schedule o.

Health
12
The Pierpont Morgan Library

The Morgan Library & Museum celebrates and shares the history and process of human creativity from antiquity to the present day through the preservation, study, and interpretation of a dynamic and growing collection.

Education
How this is measured
The grantee most central to the portfolio’s shape is Museum of Jewish Heritage a Living Memorial to the Holocaust; the most unlike its peers is Gallim Dance Company 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

68 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. 68 of the 122 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)
10
Early backer (in before they grew)
65/68
Grantees still filing
50/68
Grew since first funded

Where the money sits, by cause and then by grantee

Individual grant recipient: $151,887 · OtherIndividual grant recipientMETROPOLITAN OPERA: $103,328 · OtherMETROPOLITAN OPERATRINITY SCHOOL: $66,200 · OtherTRINITY SCHOOL+74 more: $240,422 · Other+74 moreETHICAL CULTURE FIELDSTON SCHOOL: $40,300 · EducationETHICAL CULTURE FIEL…NEW WORLD SYMPHONY INC: $31,000 · EducationNEW WORLD SYMPHONY I…Williams College: $18,250 · EducationWilliams CollegeAMERICA NEEDS YOU: $16,500 · EducationAMERICA NEEDS YOUTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $12,000 · EducationTHE BOARD OF TRUSTEE…THE MIQUON SCHOOL: $11,750 · EducationTHE MIQUON SCHOOLKIMBALL UNION ACADEMY: $10,000 · EducationKIMBALL UNION ACADEM…President and Fellows of Harvard College: $10,000 · EducationPresident and Fellow…+7 more: $19,000 · Education+7 moreMUSEUM OF JEWISH HERITAGE A LIVING MEMORIAL TO THE HOLOCAUST: $25,900 · Arts & CultureMUSEUM OF JEW…BALLET THEATRE FOUNDATION INC: $13,080 · Arts & CultureBALLET THEATR…MIAMI CITY BALLET INC: $11,000 · Arts & CultureMIAMI CITY BA…MANHATTAN THEATRE CLUB INC: $10,000 · Arts & CultureMANHATTAN THE…METROPOLITAN MUSEUM OF ART: $9,900 · Arts & CultureMETROPOLITAN …ROUNDABOUT THEATRE COMPANY INC: $9,000 · Arts & CultureROUNDABOUT TH…GALLIM DANCE COMPANY INC: $7,500 · Arts & CultureGALLIM DANCE …AMERICAN SOCIETY FOR YAD VASHEM INC: $5,400 · Arts & CultureWHITNEY MUSEUM OF AMERICAN ART: $4,800 · Arts & CultureMuseum of Modern Art: $4,000 · Arts & Culture+7 more: $8,815 · Arts & Culture+7 moreHILLEL FOUNDATION OF CAMBRIDGE INC: $60,400 · ReligionMoosilauke Visions Inc: $15,000 · HealthMEMORIAL SLOAN-KETTERING CANCER CENTER: $5,000 · HealthCANCER RESEARCH INSTITUTE INC: $5,000 · HealthPLANNED PARENTHOOD FEDERATION OF AMERICA INC: $3,500 · HealthST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $3,000 · Health+1 more: $1,000 · HealthUNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK INC: $8,235 · PhilanthropyHENRIK LUNDQVIST FOUNDATION INC: $2,000 · PhilanthropyTHE LAKE WARAMAUG ASSOCIATION INC: $3,500 · EnvironmentSTEEP ROCK ASSOCIATION INC: $2,000 · EnvironmentWARREN LAND TRUST INC: $1,500 · EnvironmentBROOKLYN BOTANIC GARDEN CORPORATION: $1,000 · Environment
Other$561,837Education$168,800Arts & Culture$109,395Religion$60,400Health$32,500Philanthropy$10,235Environment$8,000

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

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetHILLEL FOUNDATION OF CAMBRIDGE INC: $60,400 over 7y, 0.4% of budgetETHICAL CULTURE FIELDSTON SCHOOL: $40,300 over 9y, 0.0% of budgetNEW WORLD SYMPHONY INC: $31,000 over 9y, 0.1% of budgetMUSEUM OF JEWISH HERITAGE A LIVING MEMORIAL TO THE HOLOCAUST: $25,900 over 8y, 0.1% of budgetWilliams College: $18,250 over 9y, 0.0% of budgetVASSAR COLLEGE: $18,250 over 9y, 0.0% of budgetAMERICA NEEDS YOU: $16,500 over 4y, 0.3% of budgetMoosilauke Visions Inc: $15,000 over 1y, 0.2% of budgetTHE TOWN SCHOOL INC: $13,500 over 5y, 0.0% of budgetBALLET THEATRE FOUNDATION INC: $13,080 over 6y, 0.0% of budgetTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $12,000 over 6y, 0.0% of budgetTHE MIQUON SCHOOL: $11,750 over 9y, 0.1% of budgetMIAMI CITY BALLET INC: $11,000 over 4y, 0.0% of budgetKIMBALL UNION ACADEMY: $10,000 over 2y, 0.0% of budgetMANHATTAN THEATRE CLUB INC: $10,000 over 4y, 0.0% of budgetPresident and Fellows of Harvard College: $10,000 over 1y, 0.0% of budgetMETROPOLITAN MUSEUM OF ART: $9,900 over 5y, 0.0% of budgetROUNDABOUT THEATRE COMPANY INC: $9,000 over 3y, 0.0% of budgetUNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK INC: $8,235 over 7y, 0.0% of budgetGALLIM DANCE COMPANY INC: $7,500 over 5y, 0.3% of budgetTHE DOE FUND INC: $5,500 over 7y, 0.0% of budgetAMERICAN SOCIETY FOR YAD VASHEM INC: $5,400 over 2y, 0.0% of budgetSANDY HOOK PROMISE FOUNDATION: $5,000 over 1y, 0.0% of budgetADELPHI UNIVERSITY: $5,000 over 1y, 0.0% of budgetTRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: $5,000 over 1y, 0.0% of budgetAMERICAN JEWISH COMMITTEE: $5,000 over 1y, 0.0% of budgetCANCER RESEARCH INSTITUTE INC: $5,000 over 1y, 0.0% of budgetWHITNEY MUSEUM OF AMERICAN ART: $4,800 over 4y, 0.0% of budgetMuseum of Modern Art: $4,000 over 4y, 0.0% of budgetTHE LAKE WARAMAUG ASSOCIATION INC: $3,500 over 4y, 2.1% of budgetPLANNED PARENTHOOD FEDERATION OF AMERICA INC: $3,500 over 3y, 0.0% of budgetFRIENDS OF THE ISRAEL DEFENSE FORCES: $3,300 over 3y, 0.0% of budgetTHE BREAST CANCER RESEARCH FOUNDATION INC: $3,200 over 2y, 0.0% of budgetWESTCHESTER GOLF ASSOCIATION CADDIE SCHOLARSHIP FUND INC: $3,000 over 2y, 0.1% of budgetST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $3,000 over 3y, 0.0% of budgetCANCER SUPPORT COMMUNITY: $2,522 over 5y, 0.0% of budgetAMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC: $2,500 over 1y, 0.0% of budgetFriends of Cats and Dogs Foundation Inc: $2,500 over 1y, 1.1% of budgetBROWN UNIVERSITY: $2,500 over 2y, 0.0% of budgetSAN FRANCISCO SYMPHONY: $2,500 over 2y, 0.0% of budgetOLD OAKS FOUNDATION INC: $2,500 over 2y, 0.3% of budgetPresident and Fellows of Middlebury College: $2,500 over 1y, 0.0% of budgetThe Carnegie Hall Society Inc: $2,100 over 2y, 0.0% of budgetHENRIK LUNDQVIST FOUNDATION INC: $2,000 over 1y, 0.5% of budgetThe United States Holocaust Memorial Museum: $2,000 over 1y, 0.0% of budgetCENTRAL PARK CONSERVANCY INC: $2,000 over 2y, 0.0% of budgetSTEEP ROCK ASSOCIATION INC: $2,000 over 4y, 0.0% of budgetNEW YORK THEATRE WORKSHOP INC: $2,000 over 2y, 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 HILLEL FOUNDATION OF CAMBRIDGE INC ↗
  • Who funds ETHICAL CULTURE FIELDSTON SCHOOL ↗
  • Who funds NEW WORLD SYMPHONY INC ↗
  • Who funds MUSEUM OF JEWISH HERITAGE A LIVING MEMORIAL TO THE HOLOCAUST ↗
  • Who funds Williams College ↗
  • Who funds VASSAR COLLEGE ↗
  • Who funds AMERICA NEEDS YOU ↗
  • Who funds Moosilauke Visions Inc ↗
  • Who funds THE TOWN SCHOOL INC ↗
  • Who funds BALLET THEATRE FOUNDATION INC ↗
  • Who funds THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY ↗
  • Who funds THE MIQUON SCHOOL ↗
  • Who funds MIAMI CITY BALLET INC ↗
  • Who funds KIMBALL UNION ACADEMY ↗
  • Who funds MANHATTAN THEATRE CLUB INC ↗
  • Who funds President and Fellows of Harvard College ↗
  • Who funds METROPOLITAN MUSEUM OF ART ↗
  • Who funds ROUNDABOUT THEATRE COMPANY INC ↗
  • Who funds UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK INC ↗
  • Who funds GALLIM DANCE COMPANY INC ↗
  • Who funds THE DOE FUND INC ↗
  • Who funds AMERICAN SOCIETY FOR YAD VASHEM INC ↗
  • Who funds SANDY HOOK PROMISE FOUNDATION ↗
  • Who funds ADELPHI UNIVERSITY ↗
  • Who funds TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA ↗
  • Who funds AMERICAN JEWISH COMMITTEE ↗

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.

Jewish Communal FundThe New York Communit…FjcThe Goldman Sachs Cha…Morgan Stanley Global…National Philanthropi…Vanguard Charitable E…Donor Advised Charita…The Bank of America C…Network for GoodFidelity Investments …American Online Givin…
Jewish Communal FundNY16.2× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Jewish Communal Fund · The New York Community Trust · Fjc · The Goldman Sachs Charitable Gift Fund · Morgan Stanley Global Impact Funding Trust Inc · National Philanthropic Trust · Vanguard Charitable Endowment Program · Donor Advised Charitable Giving Inc · The Bank of America Charitable Foundation Inc · Network for Good · Fidelity Investments Charitable Gift Fund · American Online Giving Foundation Inc

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

2024
’20’21’22’23’24’25
no gov · 30%0%1%3%5%funder's share of their income ↑0%19%38%56%75%share of the org’s income from government →median 1%
  • Steep Rock Association Inc: 19% of income from government
  • President and Fellows of Harvard College: 7% of income from government
  • President and Fellows of Middlebury College: 1% of income from government
  • Sandy Hook Promise Foundation: 0% of income from government
  • New World Symphony Inc: 0% of income from government
  • Williams College: 0% of income from government
no gov moneyreceives it· size = income
3get no government money at all
20report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–75%
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 122 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 Nelsons Family’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