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· Private foundation

Piper Sandler Foundation

Its FY2025 filing reports that it accepted unsolicited grant applications.

$4.5M
Granted FY2025still arriving
59
Grants FY2025still arriving
13
States reached
$2.1M
Largest
01What you fundRead
02The needRead
03Your edgeRead
04Your fieldRead
05Through PlinthRead
01What you fund
0199% classified

What you funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year — across FY2020–2025.

Employment$12MEducation$6.5MYouth Development$1.2MCommunity Improvement$529kHuman Services$347kArts & Culture$306kHealth$265kPhilanthropy$194kOther$0
02FY2025 · 59 grants

Where the money goes

Your grants by size, and where they go.

By grant size · FY2025

  • Under $10k40 grants · $166k
  • $10k–50k2 grants · $69k
  • $50k–250k15 grants · $1.9M
  • $250k+2 grants · $2.3M
$4,000
Median grant
13
States reached
$11M
Total assets
Largest grants
RecipientAmount
CORPORATE MATCH$2,078,802
STUDENT SPONSOR PARTNERS INC$260,000
GREENWOOD PROJECT$204,000
WALLIN EDUCATION PARTNERS$197,075
DOUGHERTY FAMILY COLLEGE UNIVERSITY ST THOMAS$155,000
CRISTO REY JESUIT HIGH SCHOOL TWIN CITIES$150,300
CRISTO REY NEW YORK HIGH SCHOOL$150,000
CRISTO REY JESUIT COLLEGE PREPARATORY SCHOOL OF HOUSTON$150,000
NJ LEEP INC$150,000
CHINQUAPIN PREPARATORY SCHOOL$120,000
THE POSSE FOUNDATION$120,000
MINDS MATTER BAY AREA$110,000
SCHOLARS OF FINANCE$108,000
STREETWISE PARTNERS$100,000
DUNWOODY COLLEGE OF TECHNOLOGY$75,000
02The need
03

Do your dollars go where the need is?

Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.

show:

Your human-services grants (FY20–25, $1.1M) land where the poverty rate runs at 13%, against an area that typically sits at 10%. 99% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.

area typical 10%MAKE-A-WISH INTERNATIONAL: $4k → 11%HOURCAR: $4k → 7%COMMUNITY INCLUSION CLUB: $4k → 15%HOURCAR: $4k → 7%BLUESKIES FOR CHILDREN INC: $4k → 10%COMMUNITY INCLUSION CLUB: $4k → 15%BLUESKIES FOR CHILDREN INC: $4k → 10%COMMUNITY INCLUSION CLUB: $4k → 15%RIGHT MOVES FOR YOUTH: $50k → 10%BLUESKIES FOR CHILDREN: $4k → 10%COMMUNITY INCLUSION CLUB: $4k → 15%RIGHT MOVES FOR YOUTH: $50k → 10%RIGHT MOVES FOR YOUTH: $20k → 10%GREENWOOD PROJECT: $204k → 14%RIGHT MOVES FOR YOUTH: $15k → 10%GREENWOOD PROJECT: $175k → 14%THE GREENWOOD PROJECT: $175k → 14%GREENWOOD PROJECT: $150k → 14%GREENWOOD PROJECT: $4k → 14%SAVVY LADIES: $4k → 17%CHILDREN'S AID: $1k → 17%THE CENTER FOR PURSUIT: $4k → 16%HUDSON GUILD: $5k → 17%THE CENTER FOR PURSUIT: $4k → 16%HUDSON GUILD: $5k → 17%THE CENTER FOR PURSUIT: $4k → 16%HUDSON GUILD: $5k → 17%HUDSON GUILD: $5k → 17%BLACK MEN TEACH: $5k → 14%THE LIZ LOGELIN FOUNDATION: $4k → 11%HUDSON GUILD: $4k → 17%BOWERY RESIDENTS' COMMITTEE: $2k → 17%LITERACYNOW: $4k → 16%BOWERY RESIDENTS COMMITTEE: $2k → 17%CATHOLIC CHARITIES OF SAINT PAUL & MINNEAPOLIS: $75k → 14%FRESH YOUTH INITIATIVES: $4k → 17%FRESH YOUTH INITIATIVES INC: $4k → 17%FRESH YOUTH INITIATIVES INC: $4k → 17%YMCA OF THE NORTH: $5k → 11%YMCA OF THE NORTH: $4k → 11%YMCA OF THE NORTH: $4k → 11%HOURCAR: $4k → 14%CATHOLIC CHARITIES OF SAINT PAUL & MINNEAPOLIS: $30k → 11%HOURCAR: $4k → 14%HOURCAR: $4k → 14%COMMUNITY EMERGENCY SERVICE: $1k → 11%OPEN ARMS OF MINNESOTA INC: $1k → 11%CORNERSTONE ADVOCACY SERVICE: $10k → 11%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount

Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.

Which US states your grants reach

AK
NH
ND
MN
IL
WI
MI
NY
MA
OR
SD
IA
IN
OH
PA
NJ
CT
RI
CA
CO
MO
VA
MD
AZ
KS
AR
TN
NC
DC
LA
MS
GA
TX
FL

US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.

03Your edge
repeat funding

Who you back again

Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.

95%of every dollar goes to organizations you’ve funded before.
$21M · 133 repeat orgs$1.2M to everyone else

And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +37% since the first grant, against +11% for the ones you funded once.

133 repeat relationships — 52 still active in FY2025, 81 since wound down; 7 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

133
174

Total granted

$21M
$1.1M

Median revenue growth · since first grant

+37%
+11%

Still filing today

75%
54%

New vs renewed · share of each year

In FY2025, 99% of grant dollars renewed an existing relationship; $65k went to new ones.

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

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

’20’21’22’23’24’25
EducationHuman ServicesArts & CultureHealthPhilanthropyAnimalsOther

First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). 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

  • GP
    GREENWOOD PROJECT
    5× · 2020–2025 · $708k · revenue +92%
  • SP
    STUDENTSPONSOR PARTNERS INC
    6× · 2020–2025 · $670k · revenue +35%
  • CP
    CHINQUAPIN PREPARATORY SCHOOL
    6× · 2020–2025 · $585k · revenue +42%

Funded once

  • LS
    Lake Street Council
    one grant, 2020 · $114k · revenue -85%
  • CC
    Catholic Charities of the Archdiocese of Saint Paul and Minneapolis
    one grant, 2022 · $105k · revenue -19%
  • CR
    CRISTO REY NEW YORK HIGH SCHOOL (CRNYHS)
    one grant, 2023 · $100k

Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.

04Your field

The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.

1
Minnesota Business Partnership

The minnesota business partnership's mission is to maintain a high quality of life for all minnesotans by ensuring that the state's economy remains strong, globally competitive and its prospects for growth bright by working with elected…

—
2
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
3
Minnesota Medical Association

To be the leading voice of medicine to make minnesota the healthiest state and the best place to practice.

—
4
Minnesota Chamber of Commerce and Industry

The minnesota chamber of commerce proactively leads the business community statewide to: advance pro-business, responsible minnesota public policy that creates jobs and grows the econony; provde member services to address evolving business…

—
5
Columbia College Chicago

The organization's mission is to educate students for creative occupations in diverse fields of arts and media.

Education
6
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
7
Manhattanville University

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

Education
8
Minnesota State University Student Association Inc

Led by minnesota state university students, we are the inclusive voice for all future, current, and former students. we actively work to represent and support minnesota state university students and advocate at a campus, state, and federal…

Education
9
Columbia College

Columbia college improves lives by providing quality education to both traditional and nontraditional students, helping them achieve their true potential.

Education
10
Great Mn Schools

We believe that great schools are the cornerstone of a just and thriving community. ensuring that every child is able to attend a school that works is our moral and social imperative - our children deserve no less.

Education
11
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
12
Minneapolis Regional Chamber of Commerce

Creating powerful advocacy to enhance economic vitality in the minneapolis-st. paul region.

—

For reference, the grantee most central to the portfolio’s shape is Scholars of Finance and the most unlike its peers is Northside Boxing Club Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.

← shrinkinggrowing →↓ leaning in → pulling backsteadyDevelopmental Disabilities …Military Veterans SupportYouth Development ServicesYouth Mentoring ProgramsUnited Way AffiliatesSenior Support ServicesChristian Youth CampsJewish Community Organizati…Pregnancy Support ServicesHealth Access Advocacy and …Immigrant Worker SupportAnimal Rescue and ShelterCommunity College Foundatio…Cancer Support ServicesYouth Sports ProgramsLocal Food System Organizat…Domestic Violence ServicesWomen & Girls Leadership De…Addiction Recovery ServicesFood Banks and PantriesSchool Parent OrganizationsEnvironmental Conservation …Community Arts CentersLocal History MuseumsPolicy Research and AdvocacyFaith-Based Liberal Arts Co…Community FoundationsIndependent K-12 SchoolsCommunity Foundations
the sector your giving your giving is ahead of the sector the sector’s ahead of you· dot size = how much the theme matters to each side
Ordered by the change in your giving — leaning in on top, pulling back at the bottom. The bar between the two dots is how out of step you are with the sector. Hover any row for detail.

Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.

Your grantees are a median of 35 years old; the field is 20. You back the established end — and your money leans older still.

THE FIELDby orgYOUR GRANTEESby number17%3%<5yr12%6%5–10yr20%17%10–20yr17%23%20–35yr16%25%35–55yr18%26%55yr+
THE FIELDby orgYOUR MONEYby value17%9%<5yr12%6%5–10yr20%11%10–20yr17%34%20–35yr16%18%35–55yr18%23%55yr+

The field is 17% startups (under 5 years old) — 3% of your grantees by number, and just 9% of your money.

Closures · last 5 years

The orgs you fund almost never close — 0.5% lost their exemption, against 10% of the field you don’t fund.

orgs you fund
0.5%1/219
the rest of the field
10%
3,829/38,770

Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.

04the grantee network

206 grantees tracked through their own filings, 2017–2025.

Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.

Counted here: distinct organizations you funded across 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 206 of the 316 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.

1
Load-bearing (≥25% of a budget)
42
Early backer (in before they grew)
201/206
Grantees still filing
143/206
Grew since you first funded

Where your money sits — by cause, then by grantee

CORPORATE MATCH — $10,676,366 · OtherCORPORATE MATCHGIFT MATCHING — $602,669 · OtherCHINQUAPIN PREPARATORY SCHOOL — $585,000 · Other+117 more — $4,022,210 · Other+117 moreSTUDENTSPONSOR PARTNERS INC — $670,000 · EducationSTUDENTSPONSOR PARTN…THE POSSE FOUNDATION INC — $593,000 · EducationTHE POSSE FOUNDATION…WALLIN EDUCATION PARTNERS — $552,567 · EducationWALLIN EDUCATION PAR…CRISTO REY NEW YORK HIGH SCHOOL — $465,000 · EducationCRISTO REY NEW YORK …SCHOLARS OF FINANCE — $429,000 · EducationSCHOLARS OF FINANCECOLLEGE POSSIBLE INC — $252,000 · EducationCOLLEGE POSSIBLE INCNJ LEEP Inc — $250,000 · EducationNJ LEEP IncDUNWOODY COLLEGE OF TECHNOLOGY — $185,000 · EducationARIZONA COUNCIL ON ECONOMIC EDUCAT — $168,000 · EducationUniversity of St Thomas — $165,000 · Education+22 more — $301,268 · Education+22 moreGREENWOOD PROJECT — $708,000 · Human ServicesRight Moves for Youth Inc — $135,000 · Human ServicesCatholic Charities of the Archdiocese of Saint Paul and Minneapolis — $105,000 · Human ServicesAmerican National Red Cross & Its Constituent Chapters and Branches — $50,387 · Human Services+14 more — $152,500 · Human ServicesSTREETWISE PARTNERS INC — $433,000 · Employment+2 more — $16,000 · EmploymentTWIN CITIES PUBLIC TELEVISION INC — $39,000 · Arts & CultureChildren's Theatre Company and School — $24,000 · Arts & CultureMinnesota Children's Museum — $20,000 · Arts & CultureROOFTOP FILMS INC — $20,000 · Arts & CultureSCIENCE MUSEUM OF MINNESOTA — $19,000 · Arts & CultureMINNESOTA HISTORICAL SOCIETY — $19,000 · Arts & CultureOLIVER HAZARD PERRY RHODE ISLAND INC — $11,500 · Arts & CultureWALKER ART CENTER — $10,000 · Arts & CultureMINNESOTA PUBLIC RADIO AMERICAN PUBLIC MEDIA — $7,500 · Arts & Culture+4 more — $16,000 · Arts & CultureRONALD MCDONALD HOUSE OF NEW YORK INC — $74,099 · HealthTHE JOHN THEISSEN CHILDREN'S FOUNDATION INC — $24,000 · HealthALONGSIDE NETWORK — $20,000 · HealthGillette Children's Specialty Healthcare — $15,000 · HealthAUTISM SPEAKS INC — $10,500 · HealthPRINCETON HEALTHCARE SYSTEM FOUNDATION INC — $8,000 · HealthITALIAN HOME FOR CHILDREN INC — $8,000 · Health+5 more — $21,650 · HealthJUNIOR ACHIEVEMENT NORTH — $139,000 · InternationalWORLD PEDIATRICS — $8,000 · International
Other$15,886,245Education$4,030,835Human Services$1,150,887Employment$449,000Arts & Culture$186,000Health$181,249International$147,000

Showing your 200 largest grantees by grant value.

Each org by its size and your share of it — top-left is where you’re load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ your share of their budgetGREENWOOD PROJECT — $708,000 over 5y, 7.2% of budgetSTUDENTSPONSOR PARTNERS INC — $670,000 over 6y, 2.3% of budgetTHE POSSE FOUNDATION INC — $593,000 over 6y, 0.4% of budgetCHINQUAPIN PREPARATORY SCHOOL — $585,000 over 6y, 4.3% of budgetWALLIN EDUCATION PARTNERS — $552,567 over 6y, 2.0% of budgetCRISTO REY NEW YORK HIGH SCHOOL — $465,000 over 5y, 2.1% of budgetBESTPREP — $445,000 over 6y, 6.3% of budgetSTREETWISE PARTNERS INC — $433,000 over 6y, 4.7% of budgetSCHOLARS OF FINANCE — $429,000 over 6y, 5.0% of budgetMINDS MATTER OF BAY AREA INC — $405,000 over 4y, 10% of budgetCOLLEGE POSSIBLE INC — $252,000 over 5y, 0.4% of budgetNJ LEEP Inc — $250,000 over 2y, 4.3% of budgetDUNWOODY COLLEGE OF TECHNOLOGY — $185,000 over 5y, 0.1% of budgetARIZONA COUNCIL ON ECONOMIC EDUCAT — $168,000 over 3y, 14% of budgetUniversity of St Thomas — $165,000 over 4y, 0.0% of budgetJUNIOR ACHIEVEMENT NORTH — $139,000 over 5y, 0.6% of budgetRight Moves for Youth Inc — $135,000 over 3y, 11% of budgetLake Street Council — $114,000 over 1y, 0.8% of budgetCatholic Charities of the Archdiocese of Saint Paul and Minneapolis — $105,000 over 1y, 0.2% of budgetCRISTO REY NETWORK — $105,000 over 2y, 0.9% of budgetRONALD MCDONALD HOUSE OF NEW YORK INC — $74,099 over 2y, 0.5% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches — $50,387 over 2y, 0.0% of budgetMINNEAPOLIS DOWNTOWN COUNCIL — $50,000 over 1y, 1.2% of budgetVIBRANT & SAFE DOWNTOWN — $50,000 over 1y, 2.7% of budgetTWIN CITIES PUBLIC TELEVISION INC — $39,000 over 5y, 0.1% of budgetMINNESOTA STATE COUNCIL ON ECONOMIC EDUCATION — $37,000 over 4y, 4.6% of budgetMENTOR IOWA — $25,000 over 5y, 3.9% of budgetGREATER TWIN CITIES UNITED WAY — $25,000 over 5y, 0.0% of budgetTHE JOHN THEISSEN CHILDREN'S FOUNDATION INC — $24,000 over 6y, 0.3% of budgetDRAKE UNIVERSITY — $24,000 over 6y, 0.0% of budgetChildren's Theatre Company and School — $24,000 over 6y, 0.1% of budgetHUDSON GUILDINC — $23,500 over 5y, 0.0% of budgetYOUNG MENS CHRISTIAN ASSOCIATION OF THE NORTH — $21,000 over 5y, 0.0% of budgetPHI BETA KAPPA ALUMNI OF GREATER HOUSTON — $20,000 over 5y, 1.3% of budgetMinnesota Children's Museum — $20,000 over 5y, 0.1% of budgetALONGSIDE NETWORK — $20,000 over 4y, 6.3% of budgetHOURCAR — $20,000 over 5y, 0.4% of budgetROOFTOP FILMS INC — $20,000 over 5y, 1.5% of budgetSCIENCE MUSEUM OF MINNESOTA — $19,000 over 2y, 0.1% of budgetMINNESOTA HISTORICAL SOCIETY — $19,000 over 2y, 0.0% of budgetPROVIDENCE COLLEGE — $18,000 over 2y, 0.0% of budgetThe Constellation Fund — $17,500 over 3y, 0.2% of budgetMINNESOTANS' MILITARY APPRECIATION FUND — $17,000 over 4y, 0.3% of budgetCOMMUNITY INCLUSION CLUB — $16,000 over 4y, 26% of budgetMental Health America of Central Carolinas Inc — $16,000 over 4y, 0.3% of budgetRAW ART WORKS INC — $16,000 over 4y, 0.1% of budgetHARDING ACADEMY — $16,000 over 4y, 0.0% of budgetINVEST IN KIDS — $16,000 over 4y, 0.1% of budget
Go grantee by grantee — a decade per org, and how each moved after you funded them

A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.

  • Who funds GREENWOOD PROJECT ↗
  • Who funds STUDENTSPONSOR PARTNERS INC ↗
  • Who funds THE POSSE FOUNDATION INC ↗
  • Who funds CHINQUAPIN PREPARATORY SCHOOL ↗
  • Who funds WALLIN EDUCATION PARTNERS ↗
  • Who funds CRISTO REY NEW YORK HIGH SCHOOL ↗
  • Who funds BESTPREP ↗
  • Who funds STREETWISE PARTNERS INC ↗
  • Who funds SCHOLARS OF FINANCE ↗
  • Who funds MINDS MATTER OF BAY AREA INC ↗
  • Who funds COLLEGE POSSIBLE INC ↗
  • Who funds NJ LEEP Inc ↗
  • Who funds DUNWOODY COLLEGE OF TECHNOLOGY ↗
  • Who funds ARIZONA COUNCIL ON ECONOMIC EDUCAT ↗
  • Who funds University of St Thomas ↗
  • Who funds JUNIOR ACHIEVEMENT NORTH ↗
  • Who funds Right Moves for Youth Inc ↗
  • Who funds Lake Street Council ↗
  • Who funds Catholic Charities of the Archdiocese of Saint Paul and Minneapolis ↗
  • Who funds CRISTO REY NETWORK ↗
  • Who funds RONALD MCDONALD HOUSE OF NEW YORK INC ↗
  • Who funds American National Red Cross & Its Constituent Chapters and Branches ↗
  • Who funds MINNEAPOLIS DOWNTOWN COUNCIL ↗
  • Who funds VIBRANT & SAFE DOWNTOWN ↗
  • Who funds TWIN CITIES PUBLIC TELEVISION INC ↗
  • Who funds MINNESOTA STATE COUNCIL ON ECONOMIC EDUCATION ↗

The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.

The Minneapolis Found…Saint Paul & Minnesot…Ch Robinson Worldwide…The McKnight Foundati…Fr Bigelow FoundationXcel Energy FoundationHardenbergh FoundationThe Graco FoundationSit Investment Associ…The K FoundationPohlad Family Foundat…Otto Bremer Trust
The Minneapolis FoundationMN38.8× affinity33 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Minneapolis Foundation · Saint Paul & Minnesota Foundation · Ch Robinson Worldwide Foundation · The McKnight Foundation · Fr Bigelow Foundation · Xcel Energy Foundation · Hardenbergh Foundation · The Graco Foundation · Sit Investment Associates Foundation · The K Foundation · Pohlad Family Foundation · Otto Bremer Trust

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.

Government reliance of your grantees

Every dot is one organization Piper Sandler Foundation funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.

2024
’20’21’22’23’24’25
no gov · 110%2%8%17%30%your share of their income ↑0%25%50%75%100%share of the org’s income from government →median 8%
  • Kids in Crisis Inc — 49% of income from government
  • Italian Home for Children Inc — 29% of income from government
  • City Year Inc — 11% of income from government
  • Als Therapy Development Foundation Inc — 8% of income from government
  • Union City Music Project Inc — 8% of income from government
  • Raw Art Works Inc — 7% of income from government
  • President and Fellows of Harvard College — 7% of income from government
  • Pan-Massachusetts Challenge Inc — 0% of income from government
  • Venice Theatre Inc — 0% of income from government
no gov moneyreceives it· size = income
11get no government money at all
43report 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

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 your grant caused the public funding. Coverage is precision-first — a floor, not 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 12–24 months.

05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Piper Sandler Foundation?

Find your warmest path to Piper Sandler Foundation 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 directly from IRS e-file XML — your own 990/990-PF and the multi-year returns of the 316 grantees we resolved across every year we hold, several hundred filings in all (a different count from the grant rows on the cover, which are one fiscal year)— each linked to its source. Grantee achievements and outcomes are each organization’s own program-service reporting (Form 990, Part III); we read these as association with sustained funding — the foundation is one of several forces — suppress low-confidence name matches rather than guess, and say so where a figure rests on a single grant or filing. Not everything on this page is a filed figure, and the difference matters. Filed is what you reported on your 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. How we build these →

Generated from your IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12–24 months behind; figures are dated accordingly.

Source object · view filing

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 camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home
State money flows
the interactive map of money crossing state lines