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Op & We Edwards Foundation Inc at a glanceAlso receives grants: funding profile →

· Private foundation

Op & We Edwards Foundation Inc

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.

$1.6M
Granted FY2024still arriving
63
Grants FY2024still arriving
14
States reached
$155k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0196% classified

What it funded, over time

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

Human Services$1.4MPhilanthropy$1.1MEducation$1.1MYouth Development$835kReligion$767kCommunity Improvement$695kFood & Nutrition$337kHealth$260kOther$0
02FY2024 · 63 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k14 grants · $65k
  • $10k–50k42 grants · $1.0M
  • $50k–250k7 grants · $524k
$20,000
Median grant
14
States reached
$28M
Total assets
Largest grants
RecipientAmount
RED LODGE AREA COMMUNITY FOUNDATION$155,358
MEALS ON WHEELS OF NORTHERN KY AND SOUTHWEST OH$84,000
BOYS & GIRLS CLUB OF THE NORTHERN CHEYENNE NATION$70,000
LEIPSIC UNITED METHODIST CHURCH$61,800
FLORENCE CRITTENTON HOME & SERVICES$53,180
PECES$50,000
MAHCHIMINAHTIK CHIPPEWA AND CREE LANGUAGE REVITALIZATION$50,000
TRUST MONTANA$45,000
Individual grant recipient$41,000
VERMONT COMMUNITY LOAN FUND$40,000
LOWELL OBSERVATORY$40,000
ASBURY UNIVERSITY$37,900
LIFE ENRICHING COMMUNITIES FOUNDATION$37,900
THE UNITED METHODIST CHURCH WEST OHIO CONFERENCE$37,900
BOYS & GIRLS CLUB OF CARBON COUNTY$36,000
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 (FY20–24, $651k) land where the poverty rate runs at 12%, against an area that typically sits at 11%. 45% of those dollars go to grantees based in above-average-need neighborhoods. Its grants spread fairly evenly across need levels.

area typical 11%FLORENCE CRITTENTON HOME & SERVICES: $53k → 9%MOUNTAIN HOME MONTANA: $20k → 9%THE CENTER POLE: $2k → 23%PEACEFUL GUARDIANS PROJECT: $5k → 16%FLORENCE CRITTENTON HOME & SERVICES: $30k → 9%MONTANA CHILD CARE RESOURCE AND REFERRAL NETWORK: $28k → 9%PEACEFUL GUARDIANS PROJECT: $5k → 16%FLORENCE CRITTENTON HOME & SERVICES: $30k → 9%MOUNTAIN HOME MONTANA: $20k → 9%FLORENCE CRITTENTON HOME & SERVICES: $30k → 9%FLORENCE CRITTENTON HOME & SERVICES: $30k → 9%MOUNTAIN HOME MONTANA: $20k → 9%MONTANA CHILD CARE RESOURCE AND REFERRAL NETWORK: $10k → 9%MOUNTAIN HOME MONTANA: $20k → 9%MONTANA CHILD CARE RESOURCE AND REFERRAL NETWORK: $10k → 9%COMMUNITY LEADERSHIP DEVELOPMENT INC: $5k → 9%MOUNTAIN HOME MONTANA: $10k → 9%LIFE ENRICHING COMMUNITIES FOUNDATION: $76k → 16%MOUNTAIN HOME MONTANA: $10k → 9%LIFE ENRICHING COMMUNITIES FOUNDATION: $63k → 16%LIFE ENRICHING COMMUNITIES FOUNDATION: $61k → 16%LIFE ENRICHING COMMUNITIES FOUNDATION: $46k → 16%LIFE ENRICHING COMMUNITIES FOUNDATION: $38k → 16%YELLOWSTONE BOYS AND GIRLS RANCH FOUNDATION: $10k → 9%CHILD CARE RESOURCES: $20k → 9%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

VT
WA
MT
IL
MI
NY
SD
OH
PA
CA
KY
AZ
DC
MS
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.

93%of every dollar goes to organizations it has funded before.
$6.5M · 70 repeat orgs$513k to everyone else

70 repeat relationships: 51 still active in FY2024, 19 since wound down; 10 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

70
30

Total granted

$6.5M
$303k

Median revenue growth · since first grant

0%
+10%

Still filing today

59%
60%

New vs renewed · share of each year

In FY2024, 85% of grant dollars renewed an existing relationship; $210k went to new ones.

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

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

’20’21’22’23’24
Human ServicesEducationCommunity ImprovementEnvironmentYouth DevelopmentPhilanthropyOther
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

  • BA
    BOYS AND GIRLS CLUB OF THE NORTHERN CHEYENNE NATION
    5× · 2020–2024 · $297k · revenue +5%
  • AC
    ASBURY COLLEGE
    5× · 2020–2024 · $283k · revenue +22%
  • LE
    LIFE ENRICHING COMMUNITIES FOUNDATION
    5× · 2020–2024 · $283k · revenue +110%

Funded once

  • HA
    HELENA AREA HABITAT FOR HUMANITY
    one grant, 2020 · $30k · revenue +10%
  • CR
    CHEYENNE RIVER YOUTH PROJECT INCgraduated
    one grant, 2020 · $25k · revenue +179%
  • FF
    FRIENDS FOREVER MENTORING
    one grant, 2021 · $25k · revenue -70%
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
Greater Yellowstone Coalition

Greater yellowstone coalition works with all people to protect the lands, waters, and wildlife of the greater yellowstone ecosystem, now and for future generations.

Environment
2
Montana Budget and Policy Center

To advance responsible tax, budget, and economic policies through credible research and analysis in order to promote opportunity and fairness for all Montanans.

Public Benefit
3
Montana Conservation Corps Inc

Montana Conservation Corps (MCC) inspires young people through hands-on conservation service to be leaders, stewards of the land and engaged citizens who improve their communities.

Civil Rights
4
Montanas Outdoor Legacy Foundation

To collectively serve as a catalyst for engagement and bonding of people to our wildlife and public lands in montana through a sense of place, education, access, research and stewardship.

Environment
5
Montana Natural History Center

The montana natural history center promotes appreciation, understanding, and stewardship of nature and the environment through education.

Environment
6
The Montana Land Reliance

The mission of the montana land reliance (mlr) is to partner with landowners to provide permanent protection for private lands that are significant for agricultural production, fish and wildlife habitat, and open space.

Environment
7
Morningstar Learning Center Inc

Morningstar Learning Center's mission is to develop and connect Big Sky's young children and families by providing reliable childcare, quality early education, and supportive resources from planning through parenthood.

Education
8
Montana Chamber of Commerce

To create and sustain an optimal business climate, business prosperity and a strong montana economy through advocacy, education and collaboration, working to provide an empowered and educated workforce, reduce business growth obstacles,…

—
9
A Better Big Sky

A better big sky works to inform and engage montanans on issues related to public education, public lands access, voting rights, the environment, sustainable energy, women's health, tribal sovereignty, access to courts, economic justice,…

Community Improvement
10
Blackfoot Charter Community Learning Center

Public Education.

Education
11
Montana Business Leadership Council

The mblc exists to encourage and enact business-friendly policies that create good-paying jobs and make montana a better place to live. the primary purpose of the mblc is to educate the public on important business issues, enable citizens…

Community Improvement
12
Leadership Wyoming

Inspiring wyoming's leaders through exploration and connection.

Public Benefit
How this is measured
The grantee most central to the portfolio’s shape is Montana Community Foundation Inc; the most unlike its peers is Peaceful Guardians Project 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 112 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)
17
Early backer (in before they grew)
66/68
Grantees still filing
35/68
Grew since first funded

Where the money sits, by cause and then by grantee

LEIPSIC UNITED METHODIST CHURCH: $429,700 · OtherLEIPSIC UNITED METHODIST CHURCHTHE UNITED METHODIST CHURCH WEST OHIO CONFERENCE: $283,200 · OtherTHE UNITED METHODIST CHURCH WEST OHIO CONFERENCEPECES: $245,000 · OtherPECESMEALS ON WHEELS OF SW OH & N KY FORMERLY WESLEY COMMUNITY SERVICES: $199,200 · OtherBOYS & GIRLS CLUB OF CARBON COUNTY: $166,000 · OtherTHE SALVATION ARMY: $141,500 · OtherLEIPSIC LOCAL SCHOOL DISTRICT: $141,500 · OtherDSVS: $141,000 · OtherFRIENDSHIP HOUSE OF CHRISTIAN SERVICE INC: $150,000 · OtherVERMONT COMMUNITY LOAN FUND: $165,000 · Other+61 more: $1,933,306 · Other+61 moreLIFE ENRICHING COMMUNITIES FOUNDATION: $283,200 · Human ServicesLIFE ENRIC…FLORENCE CRITTENTON HOME AND SERVICES: $173,180 · Human ServicesFLORENCE C…MOUNTAIN HOME MONTANA INC: $100,000 · Human ServicesMOUNTAIN H…RAISE MONTANA: $47,500 · Human ServicesRAISE MONT…SEVENTH GENERATION FUND FOR INDIGENOUS PEOPLES INC: $46,779 · Human ServicesSEVENTH GE…+5 more: $51,706 · Human Services+5 moreASBURY COLLEGE: $283,200 · EducationASBURY COL…YOUNG FAMILIES EARLY HEAD START: $150,000 · EducationYOUNG FAMI…Piney Woods School: $141,500 · EducationPiney Wood…WINSTON PROUTY CENTER FOR CHILD AND FAMILY DEVELOPMENT: $50,000 · EducationWINSTON PR…ROCKY MOUNTAIN COLLEGE: $30,000 · EducationAMERICAN INDIAN BUSINESS LEADERS: $24,000 · Education+1 more: $4,000 · EducationBOYS AND GIRLS CLUB OF THE NORTHERN CHEYENNE NATION: $296,831 · Youth DevelopmentBOYS AND …LET'S GROW KIDS INC: $200,000 · Youth DevelopmentLET'S GRO…CODE GIRLS UNITED: $55,000 · Youth DevelopmentCODE GIRL…BIG SKY YOUTH EMPOWERMENT PROJECT INC: $30,000 · Youth DevelopmentCHEYENNE RIVER YOUTH PROJECT INC: $25,000 · Youth DevelopmentRED LODGE AREA COMMUNITY FOUNDATION: $428,324 · PhilanthropyRED LODGE…BEARTOOTH BILLINGS CLINIC FOUNDATION: $90,000 · PhilanthropyBEARTOOTH…MONTANA COMMUNITY FOUNDATION INC: $55,025 · PhilanthropyMONTANA C…+4 more: $32,750 · Philanthropy+4 moreHOPA MOUNTAIN INC: $322,500 · Community ImprovementHOPA MOUN…TRUST MONTANA INC: $113,000 · Community ImprovementTRUST MON…MONTANA NONPROFIT ASSOCIATION: $91,000 · Community ImprovementMONTANA N…ARLEE COMMUNITY DEVELOPMENT CORPORATION: $50,500 · Community ImprovementARLEE COM…NATIVE AMERICAN DEVELOPMENT CORPORATON: $20,000 · Community Improvement+1 more: $2,106 · Community ImprovementYELLOWSTONE WILDLIFE SANCTUARY: $195,460 · EnvironmentHOME RESOURCE INC: $52,900 · EnvironmentMONTANA AUDUBON: $17,500 · EnvironmentMONTANA WILDERNESS SCHOOL: $14,700 · EnvironmentMONTANA RENEWABLE ENERGY ASSOCIATION: $10,000 · Environment+1 more: $2,500 · Environment
Other$3,995,406Human Services$702,365Education$682,700Youth Development$606,831Philanthropy$606,099Community Improvement$599,106Environment$293,060

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 budgetRED LODGE AREA COMMUNITY FOUNDATION: $428,324 over 5y, 3.4% of budgetHOPA MOUNTAIN INC: $322,500 over 5y, 4.6% of budgetBOYS AND GIRLS CLUB OF THE NORTHERN CHEYENNE NATION: $296,831 over 5y, 8.7% of budgetASBURY COLLEGE: $283,200 over 5y, 0.1% of budgetLIFE ENRICHING COMMUNITIES FOUNDATION: $283,200 over 5y, 1.8% of budgetLET'S GROW KIDS INC: $200,000 over 5y, 1.6% of budgetYELLOWSTONE WILDLIFE SANCTUARY: $195,460 over 4y, 11% of budgetFLORENCE CRITTENTON HOME AND SERVICES: $173,180 over 5y, 1.3% of budgetVERMONT COMMUNITY LOAN FUND: $165,000 over 5y, 1.2% of budgetYOUNG FAMILIES EARLY HEAD START: $150,000 over 4y, 4.5% of budgetFRIENDSHIP HOUSE OF CHRISTIAN SERVICE INC: $150,000 over 5y, 2.7% of budgetPiney Woods School: $141,500 over 5y, 0.8% of budgetTRUST MONTANA INC: $113,000 over 4y, 10% of budgetLOWELL OBSERVATORY: $110,000 over 4y, 0.3% of budgetMOUNTAIN HOME MONTANA INC: $100,000 over 5y, 1.1% of budgetMONTANA PEDIATRICS: $100,000 over 4y, 2.9% of budgetMONTANA NONPROFIT ASSOCIATION: $91,000 over 5y, 2.0% of budgetBEARTOOTH BILLINGS CLINIC FOUNDATION: $90,000 over 3y, 12% of budgetTHRIVE INC: $75,000 over 3y, 1.1% of budgetCHILD CARE CONNECTIONS INC: $67,500 over 4y, 1.1% of budgetMONTANA COMMUNITY FOUNDATION INC: $55,025 over 4y, 0.2% of budgetCODE GIRLS UNITED: $55,000 over 4y, 2.8% of budgetHOME RESOURCE INC: $52,900 over 3y, 4.7% of budgetMAHCHIWMINAHNAHTIK CHIPPEWA AND CREE LANGUAGE REVITALIZATION: $50,730 over 2y, 6.2% of budgetARLEE COMMUNITY DEVELOPMENT CORPORATION: $50,500 over 3y, 4.4% of budgetMONTANA ASSOCIATION FOR THE EDUCATI ON OF YOUNG CHILDREN: $50,000 over 3y, 31% of budgetWINSTON PROUTY CENTER FOR CHILD AND FAMILY DEVELOPMENT: $50,000 over 5y, 0.4% of budgetLineage Project Inc: $50,000 over 4y, 8.9% of budgetRAISE MONTANA: $47,500 over 3y, 9.7% of budgetSEVENTH GENERATION FUND FOR INDIGENOUS PEOPLES INC: $46,779 over 3y, 0.3% of budgetBOYS AND GIRLS CLUB OF THE FLATHEAD RESERVATION AND LAKE COUNTY: $45,000 over 4y, 0.7% of budgetBoys and Girls Club of Lodge Grass: $32,106 over 3y, 8.8% of budgetHELENA AREA HABITAT FOR HUMANITY: $30,000 over 1y, 2.5% of budgetROCKY MOUNTAIN COLLEGE: $30,000 over 3y, 0.0% of budgetBIG SKY YOUTH EMPOWERMENT PROJECT INC: $30,000 over 2y, 0.9% of budgetCHEYENNE RIVER YOUTH PROJECT INC: $25,000 over 1y, 2.2% of budgetFRIENDS FOREVER MENTORING: $25,000 over 1y, 15% of budgetWINNETT ACES INC: $25,000 over 1y, 2.0% of budgetAMERICAN BIBLE SOCIETY: $24,500 over 4y, 0.0% of budgetAMERICAN INDIAN BUSINESS LEADERS: $24,000 over 1y, 2.9% of budgetNATIVE AMERICAN DEVELOPMENT CORPORATON: $20,000 over 1y, 0.4% of budgetIntermountain Planned Parenthood: $20,000 over 1y, 0.3% of budgetYOUNG PARENTS' EDUCATION CENTER: $20,000 over 1y, 12% of budgetCHILD CARE RESOURCES: $20,000 over 1y, 0.6% of budgetInternational Traditional Games Soc: $20,000 over 1y, 18% of budgetMONTANA AUDUBON: $17,500 over 3y, 0.6% of budgetMONTANA WILDERNESS SCHOOL: $14,700 over 2y, 1.6% of budgetHAVEN: $12,500 over 3y, 0.2% 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 RED LODGE AREA COMMUNITY FOUNDATION ↗
  • Who funds HOPA MOUNTAIN INC ↗
  • Who funds BOYS AND GIRLS CLUB OF THE NORTHERN CHEYENNE NATION ↗
  • Who funds ASBURY COLLEGE ↗
  • Who funds LIFE ENRICHING COMMUNITIES FOUNDATION ↗
  • Who funds LET'S GROW KIDS INC ↗
  • Who funds YELLOWSTONE WILDLIFE SANCTUARY ↗
  • Who funds FLORENCE CRITTENTON HOME AND SERVICES ↗
  • Who funds VERMONT COMMUNITY LOAN FUND ↗
  • Who funds YOUNG FAMILIES EARLY HEAD START ↗
  • Who funds FRIENDSHIP HOUSE OF CHRISTIAN SERVICE INC ↗
  • Who funds Piney Woods School ↗
  • Who funds TRUST MONTANA INC ↗
  • Who funds LOWELL OBSERVATORY ↗
  • Who funds MOUNTAIN HOME MONTANA INC ↗
  • Who funds MONTANA PEDIATRICS ↗
  • Who funds MONTANA NONPROFIT ASSOCIATION ↗
  • Who funds BEARTOOTH BILLINGS CLINIC FOUNDATION ↗
  • Who funds THRIVE INC ↗
  • Who funds CHILD CARE CONNECTIONS INC ↗
  • Who funds MONTANA COMMUNITY FOUNDATION INC ↗
  • Who funds CODE GIRLS UNITED ↗
  • Who funds HOME RESOURCE INC ↗
  • Who funds MAHCHIWMINAHNAHTIK CHIPPEWA AND CREE LANGUAGE REVITALIZATION ↗

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.

Dennis & Phyllis Wash…Montana Community Fou…First Interstate Banc…Otto Bremer TrustGianforte Family Char…M J Murdock Charitabl…Cross Charitable Foun…Treacy FoundationTown Pump Charitable …The High Stakes Found…Sample Foundation IncThe Arthur M Blank Fa…
Dennis & Phyllis Washington FoundationMT70.4× affinity34 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Dennis & Phyllis Washington Foundation · Montana Community Foundation Inc · First Interstate BancSystem Foundation Inc · Otto Bremer Trust · Gianforte Family Charitable Trust · M J Murdock Charitable Trust · Cross Charitable Foundation Attn John R Clark · Treacy Foundation · Town Pump Charitable Foundation · The High Stakes Foundation · Sample Foundation Inc · The Arthur M Blank Family 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 Op & We Edwards Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Op & We Edwards Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%3%10%23%40%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 14%
  • Vermont Community Loan Fund: 14% of income from government
no gov moneyreceives it· size = income
0get no government money at all
17report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
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 Op & We Edwards Foundation Inc?

Find your warmest path to Op & We Edwards Foundation Inc 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 112 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

Play a game based on Op & We Edwards’ 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