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Michigan · Public charity

Nfx

The organization follows the mission as set forth in its articles of incorporation. It has not yet adopted a separate mission statement.

$15M
Granted FY2024(still arriving)
18
Itemized grants FY2024
5
Organizations funded FY2023
80%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$15M
The rest is grants the schedule does not break out
Median grant, FY2024
$427,713
Largest grant, FY2024
$3,023,731
Organizations funded a year
2 to 5
FY2018 to FY2023
States reached, FY2024
12
Total assets, FY2024
$10M

How open it is to new grantees

In FY2023, 80% of the organizations Nfx funded were first-time grantees, receiving 56% of its grant dollars.

New vs renewed · share of each year

In FY2023, 44% of grant dollars renewed an existing relationship; $1.9M went to new ones.

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

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

’19’20’21’22’23
EducationOther
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
FY2024still arriving17$12M65%
FY20235$3.4M80%
FY20222$2.2M0%
FY20212$2.1M0%
FY20202$4.3M0%
FY20192$2.5M0%
FY20182$3.2Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2024.

Health$40M

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

NY
MA
IN
OH
PA
CA
MO
VA
MD
NC
LA
AL

Top grantees

Largest recipients by total granted, FY2018 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Children's Tumor Foundation$10,470,750712%
University of Alabama at Birmingham$7,996,6546n/a
The Children's Hospital of Philadelphia$3,023,73110%
Mass General Brigham Incorporated$905,2812n/a
Washington University$887,59610%
Louisiana State University$878,7712n/a
Children's Hospital Corporation$859,02710%
Nationwide Childrens Hospital Inc$797,6022n/a
Duke University$760,00020%
Battelle Memorial Institute$619,26210%
Show all 17 grantees
All grantees of Nfx by total granted
GranteeTotal grantedYearsShare of their budget
Children's Tumor Foundation$10,470,750712%
University of Alabama at Birmingham$7,996,6546n/a
The Children's Hospital of Philadelphia$3,023,73110%
Mass General Brigham Incorporated$905,2812n/a
Washington University$887,59610%
Louisiana State University$878,7712n/a
Children's Hospital Corporation$859,02710%
Nationwide Childrens Hospital Inc$797,6022n/a
Duke University$760,00020%
Battelle Memorial Institute$619,26210%
University of Massachusetts$537,5971n/a
University of California San Francisco$395,8151n/a
Johns Hopkins University$360,04510%
Indiana University School of Medicine$360,0001n/a
The Ohio State University$359,5501n/a
Children's Hospital Medical Center$349,54010%
Vcuvcu Health Campus$338,7461n/a

Where it is load-bearing

Each grantee by its size and the share of its budget Nfx supplied at peak.

25%50%75%100%$100Mgrantee revenue →↑ funder's share of their budgetChildren's Tumor Foundation: $10,470,750 over 7y, 12% of budgetThe Children's Hospital of Philadelphia: $3,023,731 over 1y, 0.1% of budgetWashington University: $887,596 over 1y, 0.0% of budgetChildren's Hospital Corporation: $859,027 over 1y, 0.0% of budgetDuke University: $760,000 over 2y, 0.0% of budgetBattelle Memorial Institute: $619,262 over 1y, 0.0% of budgetJohns Hopkins University: $360,045 over 1y, 0.0% of budgetChildren's Hospital Medical Center: $349,540 over 1y, 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 8.

Compare Nfx with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Nfx?

Find your warmest path to Nfx through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Nfx

How much does Nfx give?
Nfx reported 18 itemized grants totaling $14,742,234, out of $15,047,154 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 2 and 5 organizations a year over FY2018 to FY2023.
What does Nfx fund?
By grant dollars over FY2018 to FY2024, its largest causes are Health (100%).
Who are Nfx's largest grantees?
By total granted over FY2018 to FY2024: Children's Tumor Foundation ($10M), University of Alabama at Birmingham ($8.0M), The Children's Hospital of Philadelphia ($3.0M).
Does Nfx fund new organizations?
In FY2023, 80% of the organizations it funded were first-time grantees.
Where is Nfx based?
Nfx is based in MI.

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 18 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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