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Montana · Public charity

Property and Environment Research Center

Perc is dedicated to advancing conservation through markets, incentives, property rights, and partnerships.

$393k
Granted FY2025(still arriving)
8
Itemized grants FY2025
5
Organizations funded FY2024
100%
First-time grantees FY2024
Read the full brief
Itemized, FY2025
$361k
The rest is grants the schedule does not break out
Median grant, FY2025
$58,275
Largest grant, FY2025
$115,000
Organizations funded a year
1 to 5
FY2023 to FY2024
States reached, FY2025
3
Total assets, FY2025
$14M

How open it is to new grantees

In FY2024, 100% of the organizations Property and Environment Research Center funded were first-time grantees, receiving 100% of its grant dollars.

The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving7$246k100%
FY20245$113k100%
FY20231$12kn/a
79% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2023 to 2025.

Environment$199kYouth Development$85kHuman Services$66kReligion$58kAnimals$24kCivil Rights$20kSocial Science$13kOther$0

Top grantees

Largest recipients by total granted, FY2023 to FY2025, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
State Policy Network$20,00010%
National Review Institute$12,50010%

Plus 11 recipients with no EIN on record ($338k), not named here.

Compare Property and Environment Research Center with peer funders

About Property and Environment Research Center

How much does Property and Environment Research Center give?
Property and Environment Research Center reported 8 itemized grants totaling $361,269, out of $392,691 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 1 and 5 organizations a year over FY2023 to FY2024.
What does Property and Environment Research Center fund?
By grant dollars over FY2023 to FY2025, its largest causes are Environment (41%), Youth Development (17%), Human Services (14%).
Who are Property and Environment Research Center's largest grantees?
By total granted over FY2023 to FY2025: State Policy Network ($20k), National Review Institute ($13k).
Does Property and Environment Research Center fund new organizations?
In FY2024, 100% of the organizations it funded were first-time grantees.
Where is Property and Environment Research Center based?
Property and Environment Research Center is based in MT.

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 14 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 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Property and Environment Research Center’s 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