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Protective Life Foundation at a glance

· Private foundation

Protective Life Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$3.8M
Granted FY2024still arriving
219
Grants FY2024still arriving
20
States reached
$700k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0195% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Education$5.2MPhilanthropy$3.8MHealth$3.1MCommunity Improvement$2.5MArts & Culture$2.3MHuman Services$1.4MRecreation & Sports$1.3MYouth Development$884kOther$0
02FY2024 · 219 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k143 grants · $389k
  • $10k–50k58 grants · $988k
  • $50k–250k16 grants · $1.4M
  • $250k+2 grants · $1.0M
$5,000
Median grant
20
States reached
$653k
Total assets
Largest grants
RecipientAmount
UNITED WAY OF CENTRAL ALABAMA$700,000
UAB LONGEVITY CENTER$300,000
THE UNIVERSITY OF ALABAMA - BRIDGES TO DIVERSITY$200,000
BIRMINGHAM PROMISE INC$200,000
THE AMERICAN COLLEGE$150,000
WOODLAWN FOUNDATION$100,000
Individual grant recipient$100,000
Individual grant recipient$80,000
BIRMINGHAM BOTANICAL SOCIETY INC$75,000
CORNERSTONE SCHOOLS OF ALABAMA$65,000
CHILDREN'S AID SOCIETY$60,000
VULCAN PARK AND MUSEUM$50,000
Individual grant recipient$50,000
JONES VALLEY TEACHING FARM$50,000
BOY SCOUTS OF AMERICA$50,000
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 (FY19–24, $1.4M) land where the poverty rate runs at 15%, against an area that typically sits at 10%. 87% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%PIONEER CENTER FOR HUMAN SERVICES: $8k → 6%US SPACE & ROCKET CENTER EDUCATION FOUNDATION: $20k → 11%MID-CUMBERLAND HUMAN RESOURCE AGENCY: $5k → 14%M-POWER MINISTRIES: $5k → 16%KING'S HOME: $30k → 7%KING'S HOME: $28k → 7%KING'S HOME: $25k → 7%KING'S HOME: $25k → 7%KING'S HOME: $20k → 7%KING'S HOME: $10k → 7%SPECIAL EQUESTRIANS INC: $8k → 7%SPECIAL EQUESTRIANS INC: $5k → 7%BLANKET FORT HOPE: $10k → 7%GRACE KLEIN COMMUNITY: $6k → 16%YMCA OF GREATER BIRMINGHAM: $25k → 16%YMCA OF GREATER BIRMINGHAM: $10k → 16%COLLAT JEWISH FAMILY SERVICES: $20k → 16%LEVITE JEWISH COMMUNITY CENTER: $10k → 16%COLLAT JEWISH FAMILY SERVICES: $8k → 16%CHILDREN'S AID SOCIETY: $100k → 16%CHILDREN'S AID SOCIETY: $100k → 16%CHILDREN'S AID SOCIETY: $60k → 16%CHILDREN'S AID SOCIETY: $50k → 16%TRIUMPH SERVICES: $10k → 16%COMMON THREAD: $25k → 16%COMMON THREAD: $15k → 16%HEART GALLERY OF ALABAMA: $15k → 16%HEART GALLERY OF ALABAMA: $13k → 16%HEART GALLERY OF ALABAMA: $10k → 16%HEART GALLERY OF ALABAMA: $10k → 16%HEART GALLERY OF ALABAMA: $8k → 16%ASSISTANCE LEAGUE OF BIRMINGHAM: $6k → 16%GRACE HOUSE MINISTRIES: $20k → 16%GRACE HOUSE MINISTRIES: $10k → 16%YMCA OF GREATER BIRMINGHAM: $65k → 16%YMCA OF GREATER BIRMINGHAM: $50k → 16%SMALL MAGIC (FORMERLY BIRMINGHAM TALKS): $36k → 16%YWCA CENTRAL ALABAMA: $35k → 16%YWCA CENTRAL ALABAMA: $35k → 16%COMMUNITY ON THE RISE: $25k → 16%COMMUNITY ON THE RISE: $25k → 16%YWCA CENTRAL ALABAMA: $20k → 16%FIRST LIGHT: $16k → 16%BIRMINGHAM TALKS: $15k → 16%FIRST LIGHT: $15k → 16%YWCA CENTRAL ALABAMA: $10k → 16%THE HOPE INSTITUTE: $100k → 16%THE HOPE INSTITUTE: $50k → 16%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

ME
VT
NH
WA
MT
MN
IL
WI
MI
NY
MA
WY
SD
IA
IN
OH
PA
CT
RI
CA
CO
MO
KY
VA
MD
AZ
KS
TN
NC
SC
DC
LA
MS
AL
GA
TX
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.

88%of every dollar goes to organizations it has funded before.
$22M · 277 repeat orgs$3.1M to everyone else

Grantees it renews have grown median revenue +34% since the first grant, against +16% for those funded once.

277 repeat relationships: 107 still active in FY2024, 170 since wound down; 95 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

277
292

Total granted

$22M
$2.4M

Median revenue growth · since first grant

+34%
+16%

Still filing today

60%
37%

New vs renewed · share of each year

In FY2024, 82% of grant dollars renewed an existing relationship; $679k went to new ones.

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

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

’19’20’21’22’23’24
Human ServicesEducationHealthArts & CultureFood & NutritionCommunity ImprovementOther
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

  • UNITED WAY OF CENTRAL ALABAMA INC
    6× · 2019–2024 · $3.5M · revenue +38%
  • BP
    Birmingham Promise Inc
    4× · 2021–2024 · $805k · revenue +85%
  • WU
    WOODLAWN UNITED INC
    6× · 2019–2024 · $763k · revenue +72%

Funded once

  • T2
    TWG 2021 BIRMINGHAM FOUNDATION
    one grant, 2022 · $350k · revenue -99%
  • U
    UAB
    one grant, 2022 · $318k
  • TU
    THE UNIVERSITY OF ALABAMA - BRIDGES TO DIVERSITY IN BUSINESS
    one grant, 2023 · $200k
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
Alabama Partnership for Children

To work in partnership with families and organizations to ensure that all alabama children (birth to five) get everything they need to develop to their fullest potential.

Education
2
Legal Aid Society of Birmingham

The Organization is a nonprofit community defender providing legal assistance through court appointment to children and other indigent persons.

Crime & Legal
3
Alabama Alliance Network

The alabama alliance netowrk works to strengthen and enhance alabama's civic society through research, education, and grantmaking

Public Benefit
4
Alabama Bankers Association Inc

To promote the preservation and continued development of commercial banking in alabama.

—
5
Greater Birmingham Ministries

To serve people, build community, pursue justice.

—
6
Birmingham Corps

Birmingham corps' mission is to drive fair workforce opportunities and accelerate social change by recruiting, training, and retaining people in birmingham.

Employment
7
A Best Practices Center

The alabama best practices center helps teachers and administrators develop the competence, commitment and courage to do whatever it takes to improve student learning.

Education
8
Alabama Association of Resource Conservation and Development Councils

Coordinate rc&d activity in alabama

Environment
9
The University Foundation

The university foundation is organized to assist and aid the board of trustees of the university of alabama in fulfilling its educational, research, and public service programs and activities.

—
10
The Alabama Center for Law and Civic Education

The mission of ACLCE is to prepare youth to become active, engaged, and informed participants in a democratic society.

—
11
Nami Alabama Inc

Encourage and enhance advocacy and family support services on behalf of individuals suffering from mental illness.

Health
12
Alabama Rural Electric Association of Cooperatives

A statewide trade association which serves as a resource through which its electric cooperative members are provided services for the continuation and advancement of the rural electrification program in Alabama.

—
How this is measured
The grantee most central to the portfolio’s shape is Make-a-Wish Foundation of Alabama; the most unlike its peers is Mark Cuban 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

304 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. 304 of the 666 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.

2
Load-bearing (≥25% of a budget)
78
Early backer (in before they grew)
298/304
Grantees still filing
204/304
Grew since first funded

Where the money sits, by cause and then by grantee

UAB LONGEVITY CENTER: $1,400,000 · OtherUAB LONGEVITY CENTERRED MOUNTAIN THEATRE COMPANY (RMTC): $515,000 · OtherCORNERSTONE SCHOOLS OF ALABAMA INC: $405,500 · Other+113 more: $9,290,853 · Other+113 moreUNITED WAY OF CENTRAL ALABAMA INC: $3,462,596 · PhilanthropyUNITED WAY OF CENT…+7 more: $364,400 · Philanthropy+7 moreBirmingham Promise Inc: $804,500 · EducationBirmingham Promi…The American College: $450,000 · EducationThe American Col…UAB ATHLETICS FOUNDATION: $300,000 · EducationUAB ATHLETICS FO…Momentum Alumnae Program Inc: $254,900 · EducationMomentum Alumnae…PRESCHOOL PARTNERS: $190,200 · EducationPRESCHOOL PARTNE…BREAKTHROUGH BIRMINGHAM: $172,500 · EducationUAB EDUCATIONAL FOUNDATION: $151,500 · EducationTeach for America Inc: $145,000 · EducationTHE A EDUCATION PARTNERSHIP: $130,000 · EducationBIRMINGHAM EDUCATION FOUNDATION: $122,400 · EducationThe Birmingham Athletic Partnership: $115,000 · Education+14 more: $552,000 · Education+14 moreThe Hope Institute: $350,000 · Human ServicesCHILDREN'S AID SOCIETY OF ALABAMA: $310,000 · Human ServicesTHE YOUNG MEN'S CHRISTIAN ASSOCIATION OF BIRMINGHAM INC: $158,300 · Human ServicesKings Home Inc: $137,500 · Human ServicesYOUNG WOMENS CHRISTIAN ASSN OF BIRMINGHAM: $100,000 · Human ServicesHEART GALLERY OF ALABAMA INC: $61,000 · Human ServicesTHE FOUNDRY MINISTRIES INC: $60,000 · Human ServicesSMALL MAGIC: $56,000 · Human Services+11 more: $327,200 · Human ServicesWOODLAWN UNITED INC: $763,000 · Community ImprovementBIRMINGHAM KIWANIS FOUNDATION: $101,500 · Community ImprovementIGNITE ALABAMA: $76,500 · Community Improvement+5 more: $142,000 · Community ImprovementThe Children's Hospital of Alabama: $170,662 · HealthAmerican Heart Association Inc: $125,000 · HealthBREAST CANCER RESEARCH FOUNDATION OF ALA: $97,100 · HealthTHE BELL CENTER FOR EARLY INTERVENTION PROGRAMS: $95,500 · HealthUNITED ABILITY INC: $95,000 · HealthOasis Counseling for Women and Children: $50,000 · HealthFREEDOM SOURCE INC: $50,000 · HealthMITCHELL'S PLACE INC: $43,500 · HealthLAKESHORE FOUNDATION: $31,000 · HealthMUSCULAR DYSTROPHY ASSOCIATION INC: $30,000 · Health+3 more: $68,750 · HealthMCWANE SCIENCE CENTER: $195,000 · Arts & CultureBIRMINGHAM LANDMARKS INC: $146,306 · Arts & CultureTHE STATE OF ALABAMA BALLET INC: $140,000 · Arts & CultureREV BIRMINGHAM INC: $120,000 · Arts & CultureRED MOUNTAIN THEATRE COMPANY INC: $50,000 · Arts & CultureOPERA BIRMINGHAM INC: $40,000 · Arts & CultureALABAMA SYMPHONIC ASSOCIATION INC: $40,000 · Arts & CultureALABAMA BICENTENNIAL COMMISSION FOUNDATION INC: $33,333 · Arts & Culture+3 more: $60,000 · Arts & Culture
Other$11,611,353Philanthropy$3,826,996Education$3,388,000Human Services$1,560,000Community Improvement$1,083,000Health$856,512Arts & Culture$824,639

Showing the 200 largest grantees by grant value.

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 budgetUNITED WAY OF CENTRAL ALABAMA INC: $3,462,596 over 6y, 0.7% of budgetBirmingham Promise Inc: $804,500 over 4y, 3.1% of budgetWOODLAWN UNITED INC: $763,000 over 6y, 8.3% of budgetThe American College: $450,000 over 3y, 0.4% of budgetCORNERSTONE SCHOOLS OF ALABAMA INC: $405,500 over 6y, 1.2% of budgetBirmingham Zoo Inc: $383,000 over 6y, 1.6% of budgetInnovation Depot Inc: $356,499 over 4y, 2.8% of budgetThe Hope Institute: $350,000 over 6y, 13% of budgetTWG 2021 BIRMINGHAM FOUNDATION: $350,000 over 1y, 0.9% of budgetVULCAN PARK FOUNDATION: $312,000 over 6y, 4.3% of budgetCHILDREN'S AID SOCIETY OF ALABAMA: $310,000 over 4y, 2.2% of budgetUAB ATHLETICS FOUNDATION: $300,000 over 3y, 3.7% of budgetMomentum Alumnae Program Inc: $254,900 over 6y, 7.0% of budgetMCWANE SCIENCE CENTER: $195,000 over 5y, 0.8% of budgetPRESCHOOL PARTNERS: $190,200 over 6y, 3.7% of budgetThe Children's Hospital of Alabama: $170,662 over 6y, 0.0% of budgetA G GASTON BOYS AND GIRLS CLUB: $170,000 over 5y, 4.8% of budgetRAILROAD PARK FOUNDATION: $164,875 over 5y, 5.7% of budgetTHE YOUNG MEN'S CHRISTIAN ASSOCIATION OF BIRMINGHAM INC: $158,300 over 6y, 0.3% of budgetUAB EDUCATIONAL FOUNDATION: $151,500 over 2y, 1.5% of budgetBIRMINGHAM LANDMARKS INC: $146,306 over 4y, 1.5% of budgetTeach for America Inc: $145,000 over 5y, 0.0% of budgetTHE STATE OF ALABAMA BALLET INC: $140,000 over 5y, 1.7% of budgetKings Home Inc: $137,500 over 6y, 0.4% of budgetTHE A EDUCATION PARTNERSHIP: $130,000 over 5y, 0.3% of budgetAmerican Heart Association Inc: $125,000 over 5y, 0.0% of budgetBIRMINGHAM EDUCATION FOUNDATION: $122,400 over 4y, 3.2% of budgetREV BIRMINGHAM INC: $120,000 over 6y, 1.1% of budgetRONALD MCDONALD HOUSE CHARITIES OF ST LOUIS: $117,500 over 5y, 0.7% of budgetThe Birmingham Athletic Partnership: $115,000 over 5y, 13% of budgetGREATER BIRMINGHAM HABITAT FOR HUMANITY INC: $113,000 over 3y, 0.6% of budgetTHE COMMUNITY FOUNDATION OF GREATER BIRMINGHAM: $105,000 over 1y, 0.3% of budgetBIRMINGHAM KIWANIS FOUNDATION: $101,500 over 2y, 13% of budgetYOUNG WOMENS CHRISTIAN ASSN OF BIRMINGHAM: $100,000 over 4y, 0.4% of budgetBREAST CANCER RESEARCH FOUNDATION OF ALA: $97,100 over 5y, 2.4% of budgetLEADERSHIP ALABAMA INC: $96,750 over 6y, 3.1% of budgetTHE BELL CENTER FOR EARLY INTERVENTION PROGRAMS: $95,500 over 5y, 1.5% of budgetNEW SCHOOLS FOR ALABAMA: $95,000 over 3y, 0.8% of budgetUNITED ABILITY INC: $95,000 over 6y, 0.2% of budgetTHE ALABAMA 4-H CLUB FOUNDATION: $90,000 over 4y, 1.7% of budgetBETTER BASICS INC: $84,500 over 4y, 2.6% of budgetCREATE BIRMINGHAM: $80,000 over 5y, 4.2% of budgetPUBLIC AFFAIRS RESEARCH COUNCIL OF AL: $76,500 over 5y, 2.0% of budgetIGNITE ALABAMA: $76,500 over 5y, 25% of budgetSamford University: $75,000 over 2y, 0.0% of budgetTHE BIRMINGHAM BOTANICAL SOCIETY INC: $75,000 over 1y, 2.0% of budgetGLENWOOD INC: $75,000 over 5y, 0.2% of budgetBUILD UP: $70,000 over 3y, 0.8% 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 UNITED WAY OF CENTRAL ALABAMA INC ↗
  • Who funds Birmingham Promise Inc ↗
  • Who funds WOODLAWN UNITED INC ↗
  • Who funds The American College ↗
  • Who funds CORNERSTONE SCHOOLS OF ALABAMA INC ↗
  • Who funds Birmingham Zoo Inc ↗
  • Who funds Innovation Depot Inc ↗
  • Who funds The Hope Institute ↗
  • Who funds TWG 2021 BIRMINGHAM FOUNDATION ↗
  • Who funds VULCAN PARK FOUNDATION ↗
  • Who funds CHILDREN'S AID SOCIETY OF ALABAMA ↗
  • Who funds UAB ATHLETICS FOUNDATION ↗
  • Who funds Momentum Alumnae Program Inc ↗
  • Who funds MCWANE SCIENCE CENTER ↗
  • Who funds PRESCHOOL PARTNERS ↗
  • Who funds BREAKTHROUGH BIRMINGHAM ↗
  • Who funds The Children's Hospital of Alabama ↗
  • Who funds A G GASTON BOYS AND GIRLS CLUB ↗
  • Who funds RAILROAD PARK FOUNDATION ↗
  • Who funds THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF BIRMINGHAM INC ↗
  • Who funds UAB EDUCATIONAL FOUNDATION ↗
  • Who funds BIRMINGHAM LANDMARKS INC ↗
  • Who funds Teach for America Inc ↗
  • Who funds THE STATE OF ALABAMA BALLET INC ↗
  • Who funds Kings Home Inc ↗

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.

The Daniel Foundation…The Community Foundat…Mike and Gillian Good…Susan Mott Webb Chari…Hill Crest Foundation…Robert R Meyer Founda…Alabama Power Foundat…Altecstyslinger Found…The Joseph S Bruno Ch…The Maynard Nexsen Fo…Orlean & Ralph W Bees…The Hugh Kaul Foundat…
The Daniel Foundation of AlabamaAL225× affinity146 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Daniel Foundation of Alabama · The Community Foundation of Greater Birmingham · Mike and Gillian Goodrich Foundation · Susan Mott Webb Charitable Trust · Hill Crest Foundation Inc · Robert R Meyer Foundation · Alabama Power Foundation Inc · Altecstyslinger Foundation · The Joseph S Bruno Charitable Foundation · The Maynard Nexsen Foundation · Orlean & Ralph W Beeson Fund · The Hugh Kaul 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 Protective Life Foundation funds: left to right is the share of its income from government, bottom to top the share from Protective Life Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 20%2%8%17%30%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 5%
  • Feeding South Florida Inc: 5% of income from government
no gov moneyreceives it· size = income
2get no government money at all
71report 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 Protective Life Foundation?

Find your warmest path to Protective Life 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 from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 666 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 Protective Life’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