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· Public charity

Nfx

The organization follows the mission as set forth in its articles of incorporation.

$15M
Granted FY2024still arriving
18
Grants FY2024still arriving
12
States reached
$3.0M
Largest
01What it funds
01100% 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
02FY2024 · 18 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 18 grants below total $14,742,234, the rows itemized in this filing. The $15,047,154 headline is the total grant expense on the return; the other $304,920 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.
$427,713
Median grant
12
States reached
$10M
Total assets
Largest grants
RecipientAmount
CHILDREN'S HOSPITAL OF PHILADELPHIA$3,023,731
STANFORD UNIVERSITY$2,492,685
CHILDREN'S TUMOR FOUNDATION$1,500,000
UNIVERSITY OF ALABAMA AT BIRMINGHAM$1,184,294
WASHINGTON UNIVERSITY$887,596
CHILDREN'S HOSPITAL CORPORATION$859,027
BATTELLE MEMORIAL INSTITUTE$619,262
UNIVERSITY OF MASSACHUSETTS$537,597
THE GENERAL HOSPITAL CORPORATION$427,713
UNIVERSITY OF CALIFORNIA SAN FRANCISCO$395,815
JOHNS HOPKINS UNIVERSITY$360,045
TRUSTEES OF INDIANA UNIVERSITY$360,000
PENNINGTON BIOMEDICAL RESEARCH CENTER$360,000
DUKE UNIVERSITY$360,000
THE OHIO STATE UNIVERSITY$359,550
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 (FY18–24) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 68% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%CHILDREN'S HOSPITAL CORPORATION: $859k → 16%STANFORD UNIVERSITY: $2.5M → 7%STANFORD UNIVERSITY: $1.0M → 8%CHILDREN'S TUMOR FOUNDATION: $1.5M → 17%UNIVERSITY OF ALABAMA AT BIRMINGHAM: $1.2M → 16%WASHINGTON UNIVERSITY: $888k → 11%DUKE UNIVERSITY: $400k → 11%TRUSTEES OF INDIANA UNIVERSITY: $360k → 18%THE OHIO STATE UNIVERSITY: $360k → 15%CHILDREN'S HOSPITAL MEDICAL CENTER: $350k → 16%VIRGINIA COMMONWEALTH UNIVERSITY: $339k → 22%PENNINGTON BIOMEDICAL RESEARCH CENTER: $519k → 19%JOHNS HOPKINS UNIVERSITY: $360k → 19%THE GENERAL HOSPITAL CORPORATION: $478k → 16%STANFORD UNIVERSITY: $2.4M → 7%STANFORD UNIVERSITY: $1.0M → 8%CHILDREN'S TUMOR FOUNDATION: $1.5M → 17%UNIVERSITY OF ALABAMA: $747k → 16%DUKE UNIVERSITY: $360k → 11%THE RESEARCH INSTITUTE AT NATIONWIDE: $471k → 15%PENNINGTON BIOMEDICAL RESEARCH CENTER: $360k → 19%THE GENERAL HOSPITAL CORPORATION: $428k → 16%STANFORD UNIVERSITY: $2.0M → 7%CHILDREN'S TUMOR FOUNDATION: $1.5M → 17%UNIVERSITY OF ALABAMA: $553k → 16%THE RESEARCH INSTITUTE AT NATIONWIDE: $327k → 15%STANFORD UNIVERSITY: $656k → 7%CHILDREN'S TUMOR FOUNDATION: $1.5M → 17%BATTELLE MEMORIAL INSTITUTE: $619k → 15%CHILDREN'S TUMOR FOUNDATION: $1.5M → 17%CHILDREN'S TUMOR FOUNDATION: $1.5M → 17%CHILDREN'S TUMOR FOUNDATION: $1.5M → 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

NY
MA
IN
OH
PA
CA
MO
VA
MD
NC
LA
AL
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.
$22M · 6 repeat orgs$8.1M to everyone else

Grantees it renews have grown median revenue +58% since the first grant, against +8% for those funded once.

6 repeat relationships: 6 still active in FY2024, 0 since wound down; 11 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

6
11

Total granted

$22M
$8.1M

Median revenue growth · since first grant

+58%
+8%

Still filing today

33%
55%

New vs renewed · share of each year

In FY2024, 34% of grant dollars renewed an existing relationship; $8.1M went to new ones.

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

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

’18’19’20’21’22’23’24
HealthEducationScience & TechOther
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

  • CT
    CHILDREN'S TUMOR FOUNDATION
    7× · 2018–2024 · $10M · revenue +58%
  • UO
    UNIVERSITY OF ALABAMA AT BIRMINGHAM
    6× · 2018–2024 · $8.0M
  • MG
    MASS GENERAL BRIGHAM INCORPORATED
    2× · 2023–2024 · $905k

Funded once

  • TC
    THE CHILDREN'S HOSPITAL OF PHILADELPHIA
    one grant, 2024 · $3.0M · revenue +8%
  • WASHINGTON UNIVERSITY
    one grant, 2024 · $888k · revenue +13%
  • CH
    Children's Hospital Corporation
    one grant, 2024 · $859k · revenue +13%
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
The Johns Hopkins Hospital

For more than 125 years, the mission of the johns hopkins hospital has been to lead the world in the diagnosis and treatment of disease and to train tomorrow's great physicians, nurses and scientists. above all, we aim to provide the…

Health
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
University of Minnesota Physicians

University of minnesota physicians serves as the integrated group practice for the university of minnesota medical school full-time faculty to provide the highest quality healthcare to patients and their families.university of minnesota…

Health
4
Fred Hutchinson Cancer Center

Fred hutch cancer center ("fred hutch") unites innovative research and compassionate care to prevent and eliminate cancer and infectious disease. continued on schedule o

Health
5
University of Southern California

The central mission of the university of southern california is the development of human beings and society as a whole through the cultivation and enrichment of the human mind and spirit. the principal means by which our mission is…

Education
6
Hugo W Moser Research Institute At Kennedy Krieger Inc

The hugo w. moser research institute at kennedy krieger, inc. (the "research institute") is an internationally recognized research facility finding answers to problems and injuries that affect a child's developing brain. researchers have…

Science & Tech
7
Texas Children's Hospital

Texas children's hospital, headquartered in houston, texas, is a not-for-profit organization whose mission is to create a healthier future for children and women throughout our global community by leading in patient care, education and…

Health
8
Children's Hospital & Research Center At Oakland

The mission of children's hospital & research center at oakland is to protect and advance the health and well-being of children through clinical care, teaching and research.

Health
9
Rhode Island Hospital

As a founding hospital in the brown university health system, rih is committed to its mission: delivering health with care.

Health
10
Memorial Sloan-Kettering Cancer Center

Leadership in the prevention, treatment, and cure of cancer through excellence, vision and cost effectiveness in patient care, outreach programs, research, and education.

Health
11
Trustees of the University of Pennsylvania

The trustees of the university of pennsylvania (the "university") sees itself as having a public service mission. in such regard, the university aims to provide a rich and diverse educational environment for its students; to pioneer…

Education
12
Children's Research Institute

Children's research institute dba children's national research institute conducts and promotes translational and clinical medical research and education programs that lead to improved understanding, prevention, treatment, and care of…

Health
How this is measured
The grantee most central to the portfolio’s shape is Children's Hospital Medical Center; the most unlike its peers is Children's Tumor 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 18 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
9/9
Grew since first funded

Where the money sits, by cause and then by grantee

CHILDREN'S TUMOR FOUNDATION: $10,470,750 · HealthCHILDREN'S TUMOR FOUNDATIONTHE CHILDREN'S HOSPITAL OF PHILADELPHIA: $3,023,731 · HealthTHE CHILDREN'S HOSPITAL OF PHILADELPHIAChildren's Hospital Corporation: $859,027 · HealthChildren's Hospital Corporation+1 more: $349,540 · HealthUNIVERSITY OF ALABAMA AT BIRMINGHAM: $7,996,654 · OtherUNIVERSITY OF ALABAMA AT BIRMINGHAMMASS GENERAL BRIGHAM INCORPORATED: $905,281 · OtherMASS GENERAL BRIGHAM INCORPORATEDLOUISIANA STATE UNIVERSITY: $878,771 · OtherLOUISIANA STATE UNIVERSITYNATIONWIDE CHILDRENS HOSPITAL INC: $797,602 · OtherNATIONWIDE CHILDRENS HOSPITAL INCUNIVERSITY OF MASSACHUSETTS: $537,597 · Other+4 more: $1,454,111 · Other+4 moreTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $9,613,905 · EducationTHE BOARD OF TRUSTEES OF THE LELA…WASHINGTON UNIVERSITY: $887,596 · EducationWASHINGTON UNIVERSITYDUKE UNIVERSITY: $760,000 · EducationDUKE UNIVERSITY+1 more: $360,045 · EducationBATTELLE MEMORIAL INSTITUTE: $619,262 · Science & Tech
Health$14,703,048Other$12,570,016Education$11,621,546Science & Tech$619,262

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

25%50%75%100%$100Mgrantee revenue →↑ funder's share of their budgetCHILDREN'S TUMOR FOUNDATION: $10,470,750 over 7y, 12% of budgetTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $9,613,905 over 6y, 0.0% 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
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 CHILDREN'S TUMOR FOUNDATION ↗
  • Who funds THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY ↗
  • Who funds THE CHILDREN'S HOSPITAL OF PHILADELPHIA ↗
  • Who funds WASHINGTON UNIVERSITY ↗
  • Who funds Children's Hospital Corporation ↗
  • Who funds DUKE UNIVERSITY ↗
  • Who funds BATTELLE MEMORIAL INSTITUTE ↗
  • Who funds JOHNS HOPKINS UNIVERSITY ↗
  • Who funds CHILDREN'S HOSPITAL MEDICAL CENTER ↗

How much its grantees rely on government

Each dot is one organization Nfx funds: left to right is the share of its income from government, bottom to top the share from Nfx. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%4%8%15%funder's share of their income ↑0%8%15%22%30%share of the org’s income from government →median 12%
  • Johns Hopkins University: 12% of income from government
  • Children's Hospital Corporation: 10% of income from government
no gov moneyreceives it· size = income
0get no government money at all
1report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–30%
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.
05Through Plinth

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.

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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