Skip to content
Plinth

· Private foundation

Project Bluewater Racing

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.

$66k
Granted FY2024still arriving
7
Grants FY2024still arriving
3
States reached
$20k
Largest
01What you fund
01100% classified

What you funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year — across FY20172024.

Health$306kEducation$45kEnvironment$25kScience & Tech$24kArts & Culture$17kRecreation & Sports$10k
02FY2024 · 7 grants

Where the money goes

Your grants by size, and where they go.

By grant size · FY2024

  • Under $10k3 grants · $14k
  • $10k–50k4 grants · $52k
$10,000
Median grant
3
States reached
$706k
Total assets
Largest grants
RecipientAmount
CLEAN OCEANS INTERNATIONAL$20,000
HERRSHOFF MARINE MUSEUM$12,000
GEORGIA TECH RESEARCH CORPORATION$10,000
CORTEZ RACING ASSOCIATION$10,000
OCEAN VOYAGES INSTITUTE$5,000
SAMUEL LAWRENCE FOUNDATION$5,000
WALTER MUNK FOUNDATION$4,000
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.

Your US giving — 68% of grant dollars ($289k). The need read here covers only this US portion; the 32% that went abroad ($138k) is mapped below.

show:

Dollar for dollar, your grants (FY17–24) land where the poverty rate runs at 12%, against an area that typically sits at 10%. 70% of your dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.

area typical 10%VILLANOVA UNIVERSITY: $15k → 10%OCEAN VOYAGES INSTITUTE: $5k → 8%WALTER MUNK FOUNDATION: $4k → 11%UNIVERSITY OF THE PACIFIC: $10k → 12%CLEAN OCEANS INTERNATIONAL: $20k → 13%BURKE NEUROLOGICAL INSTITUTE ATTN VICTOR WONG PHD: $10k → 9%HEARING HEALTH FOUNDATION: $10k → 17%AUBURN UNIVERSITY: $8k → 15%PELIN KOCDOR MD BASKENT UNIVERSITY TURKEY: $18k → 9%HERRSHOFF MARINE MUSEUM: $12k → 7%BRIAN M MCDERMOTT JR PHD CASE WESTERN RESERVE UNIVERSITY: $20k → 17%NORTHERN ILLINOIS UNIVERSITY: $10k → 13%RUSH UNIVERSITY MEDICAL CENTER: $15k → 14%SAMUEL LAWRENCE FOUNDATION: $5k → 11%BURKE MEDICAL RESEARCH INSTITUTE: $10k → 9%MATTHEW J WILSON PHD NORTHERN ILLINOIS UNIVERSITY: $525 → 13%CORTEZ RACING ASSOCIATION: $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

IL
NY
OH
PA
RI
CA
OK
AL
GA

Beyond the US — 32% of all-years giving ($138k)

6 countries, by the recipient’s country on the filing.

grant dollars sentlessmore
Australia$40k · 2 grants
Italy$35k · 3 grants
Israel$20k · 1 grant
Turkey$18k · 1 grant
Canada$14k · 2 grants
Sweden$10k · 1 grant

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. International giving is mapped by the recipient’s country from the same 990 filings; comparable need data isn’t available at that grain.

04

Where the work is directed

The same grants, placed two ways — where each recipient sits, and where its stated purpose earmarks the money.

About 6% of Project Bluewater Racing’s grant dollars are earmarked, by their stated purpose, for a different county than the recipient’s own address — money that lands at a nonprofit in one place but is meant to do its work in another. Read by recipient address, 13% of the giving stays in CA; read by stated purpose it is 10% — less of the work is directed home than the recipients' locations suggest.

Project Bluewater Racinglessmore of its giving
Placed by recipient address · 35% directed abroad (not shown)

Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the foundation’s own 990 grant descriptions.

03Your 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
Schmidt Ocean Institute
Science & Tech
2
Marine Biological Laboratory

The Marine Biological Laboratory (MBL) is a world-renowned center for biological discovery and training that is notably affiliated with more than 60 Nobel Prize winners. Research is conducted by full-time faculty as well as hundreds of the…

Science & Tech
3
William Marsh Rice University

As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to path breaking research, unsurpassed teaching, and contributions to the betterment of our world. It seeks to fulfill this…

Education
4
The Coral Reef and Marine Science Foundation Inc C/O James Bildner
5
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

6
Monterey Bay Aquarium Research Institute
7
Trustees of Dartmouth College

Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.

Education
8
California Institute for BioMedical Research

Our mission is to build a unique institute that bridges basic research and drug discovery, and that attracts the best and brightest scientists, physicians and students to work together synergistically to find cures for neglected human…

9
University of Miami

See Form 990, Part I, Line 1, Description of Organization Mission.

Education
10
Ocean Genome Atlas Project

The Ocean Genome Atlas Project OGAP aims to collect, classify, sequence and map the genomic information of organisms representing at least 80 of the extant marine species worldwide. Deploying a fleet of advanced but cost effective research…

Science & Tech
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
Vanderbilt University

See Disclosure Above.

Education

For reference, the grantee most central to the portfolio’s shape is University of the Pacific and the most unlike its peers is Cortez Racing Association. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

05the grantee network

11 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 20172025, not grant rows in a single year — so this will not match the grant count on the cover. 11 of the 33 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.

0
Load-bearing (≥25% of a budget)
2
Early backer (in before they grew)
11/11
Grantees still filing
7/11
Grew since you first funded

Where your money sits — by cause, then by grantee

BRIAN M MCDERMOTT JR PHD CASE WESTERN RESERVE UNIVERSITY — $20,000 · OtherBRIAN M MCDERMOTT JR PHD CASE WESTERN RESERVE UNIVERSITYSAAD M BHAMLA PHD GEORGIA TECH RESEARCH CORPORATION — $20,000 · OtherSAAD M BHAMLA PHD GEORGIA TECH RESEARCH CORPORATIONTEL AVIV UNIVERSITY ATTN KAREN AVRAHAM PHD — $20,000 · OtherTEL AVIV UNIVERSITY ATTN KAREN AVRAHAM PHDMACQUARIE UNIVESITY NSW AUSTRALIA ATT MRIDULA SHARMA PHD — $20,000 · OtherMACQUARIE UNIVESITY NSW AUSTRALIA ATT MRIDULA SHARMA PHDCHRISTOPHER WATERWORTH PHD THE UNIVERSITY OF MELBOURNE AUSTRALIA — $20,000 · OtherCHRISTOPHER WATERWORTH PHD THE UNIVERSITY OF MELBOURNE AUSTRALIASAAD M BHAMLA PHD GEORGIA TECH UNIVERSITY — $20,000 · OtherSAAD M BHAMLA PHD GEORGIA TECH UNIVERSITYVIBHUTI AGRAHARI PHD UNIVERSITY OF OKLAHOMA — $20,000 · OtherVIBHUTI AGRAHARI PHD UNIVERSITY OF OKLAHOMAPELIN KOCDOR MD BASKENT UNIVERSITY TURKEY — $18,390 · OtherPELIN KOCDOR MD BASKENT UNIVERSITY TURKEYJOHN HOPKINS UNIVERSITY SCHOOL OF MEDICINE ATT DANIEL Q SUN MD — $15,000 · OtherALESSIA PAGLIALONGA PHD NATIONAL RESEARCH COUNCIL OF ITALY — $15,000 · OtherUNIVERSITY OF OTTAWA — $14,197 · OtherVALERIO MAGNAGHI PHD UNIVERSITY OF MILAN — $10,000 · OtherKAROLINSKA INSTITUTET — $10,000 · OtherTHE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS — $10,000 · OtherNORTHERN ILLINOIS UNIVERSITY — $10,000 · OtherUNIVERSITA DEGLI STUDI DI MILANO — $10,000 · OtherSTATE UNIV OF NEW YORK (SUNY) AT BUFFALO ATTN SOROUSH SADEGHI MD PH — $10,000 · OtherBURKE NEUROLOGICAL INSTITUTE ATTN VICTOR WONG PHD — $10,000 · OtherGEORGIA INSTITUTE OF TECHNOLOGY — $10,000 · Other+4 more — $17,275 · Other+4 moreGEORGIA TECH RESEARCH CORPORATION — $20,000 · HealthGEORGIA TECH R…Rush University Medical Center — $14,725 · HealthRush Universit…Winifred Masterson Burke Medical Research — $10,000 · HealthWinifred Maste…HEARING HEALTH FOUNDATION — $10,000 · HealthHEARING HEALTH…VILLANOVA UNIVERSITY — $15,000 · EducationUniversity of the Pacific — $10,000 · EducationCLEAN OCEANS INTERNATIONAL — $20,000 · Science & TechHERRESHOFF MARINE MUSEUM — $12,000 · Arts & CultureSAMUEL LAWRENCE FOUNDATION — $5,000 · Arts & CultureCORTEZ RACING ASSOCIATION — $10,000 · Recreation & Sports
Other$299,862Health$54,725Education$25,000Science & Tech$20,000Arts & Culture$17,000Recreation & Sports$10,000

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

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ your share of their budgetGEORGIA TECH RESEARCH CORPORATION — $20,000 over 2y, 0.0% of budgetCLEAN OCEANS INTERNATIONAL — $20,000 over 1y, 14% of budgetVILLANOVA UNIVERSITY — $15,000 over 1y, 0.0% of budgetRush University Medical Center — $14,725 over 1y, 0.0% of budgetHERRESHOFF MARINE MUSEUM — $12,000 over 1y, 0.7% of budgetWinifred Masterson Burke Medical Research — $10,000 over 1y, 0.1% of budgetHEARING HEALTH FOUNDATION — $10,000 over 1y, 0.4% of budgetUniversity of the Pacific — $10,000 over 1y, 0.0% of budgetCORTEZ RACING ASSOCIATION — $10,000 over 1y, 9.3% of budgetOcean Voyages Institute — $5,000 over 1y, 0.9% of budgetSAMUEL LAWRENCE FOUNDATION — $5,000 over 1y, 1.7% 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 GEORGIA TECH RESEARCH CORPORATION
  • Who funds CLEAN OCEANS INTERNATIONAL
  • Who funds VILLANOVA UNIVERSITY
  • Who funds Rush University Medical Center
  • Who funds HERRESHOFF MARINE MUSEUM
  • Who funds Winifred Masterson Burke Medical Research
  • Who funds HEARING HEALTH FOUNDATION
  • Who funds University of the Pacific
  • Who funds CORTEZ RACING ASSOCIATION
  • Who funds Ocean Voyages Institute
  • Who funds SAMUEL LAWRENCE FOUNDATION

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.

Fidelity Investments Charitable Gift FundMA4.7× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

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 Project Bluewater Racing 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
202122232425
no gov · 00%1%4%8%15%your share of their income ↑0%23%45%68%90%share of the org’s income from government
    no gov moneyreceives it· size = income
    0get no government money at all
    2report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–90%
    typical government reliance, FY2025

    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.

    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 33 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 2024, released 2024. Filings run roughly 12–24 months behind; figures are dated accordingly.

    Source object · view filing

    More from the funding graph