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Ratio Foundation Inc at a glance

· Private foundation

Ratio 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.

$19k
Granted FY2024still arriving
9
Grants FY2024still arriving
3
States reached
$5k
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, FY2017 to 2024.

Education$100kArts & Culture$32kFood & Nutrition$19kHealth$13kYouth Development$10kRecreation & Sports$9kCommunity Improvement$9kHuman Services$8kOther$0
02FY2024 · 9 grants

Where the money goes

Grants by size, and the largest recipients.

$1,750
Median grant
3
States reached
$0
Total assets
Largest grants
RecipientAmount
INDY CRITERIUM INC$5,000
UNIVERSITY OF IL FOUNDATION$3,000
NORTH CAROLINA STATE UNIVERSITY FND$3,000
ASPIRE HIGHER FOUNDATION$2,500
DON MOYER BOYS & GIRLS CLUB$1,750
Individual grant recipient$1,500
ACE MENTOR PROFRAM OF INDIANA INC$1,000
INDIANA ARCHITECTURAL FOUNDATION INC$1,000
Individual grant recipient$500
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 (FY18–23, $5k) land where the poverty rate runs at 10%, against an area that typically sits at 10%. 30% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 10%RALEIGH RESCUE MISSION INC: $750 → 8%READ AND FEED: $3k → 8%MARY RIGGS NEIGHBORHOOD CENTER: $1k → 16%MARY RIGGS NEIGHBORHOOD CENTER: $500 → 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

IL
NY
IN
NJ
CO
NC
DC
GA
TX
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.

70%of every dollar goes to organizations it has funded before.
$144k · 18 repeat orgs$63k to everyone else

18 repeat relationships: 5 still active in FY2024, 13 since wound down; 4 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

18
28

Total granted

$144k
$57k

Median revenue growth · since first grant

+31%
+43%

Still filing today

83%
64%

New vs renewed · share of each year

In FY2024, 71% of grant dollars renewed an existing relationship; $6k went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

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

’17’18’19’20’21’22’23’24
EducationArts & CultureHealthFood & NutritionHuman ServicesYouth DevelopmentOther
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

  • University of Illinois Foundation
    5× · 2017–2024 · $25k · revenue +127%
  • IC
    Independent Colleges of Indiana Inc
    2× · 2018–2019 · $20k · revenue +14%
  • NT
    NORTHLIGHT THEATRE INC
    2× · 2017–2018 · $15k · revenue +243%

Funded once

  • CI
    CANSTRUCTION INC
    one grant, 2023 · $12k · revenue +0%
  • II
    Illinois Institute of Technology
    one grant, 2023 · $5k · revenue +23%
  • HH
    HERRON HIGH SCHOOL INCgraduated
    one grant, 2017 · $4k · revenue +288%
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
Central Indiana Corporate Partnership Inc

Central indiana corporate partnership (cicp) is an alliance of indiana's business and research university leaders coming together to foster long-term prosperity for the region. cicp's mission is to transform the economy of indiana in order…

Community Improvement
2
Indiana University Health Foundation Inc

Indiana university health foundation leverages the power of philanthropy to support the iu health goal of making indiana one of the healthiest states in the nation.

Health
3
University Family Physicians Inc

Engage actively and continuously in medical research, education and training in the practice of medicine in conjunction with the department of family medicine of the indiana university school of medicine and indiana university…

—
4
Indiana University Health Frankfort Inc

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

Health
5
Indiana University Health West Hospital Inc

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

Health
6
Indiana University Health White Memorial Hospital Inc

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

Health
7
Indiana University Health Care Associates Inc

To deliver preeminent medical care and service to our patients and communities through outstanding and innovative medical leadership and practice, while participating in and supporting excellence in education and research. We achieve this…

Health
8
Indiana University Health Jay Inc

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

Health
9
Leadership Indianapolis Inc

Educate, Inspire, Connect and Mobilize Community Leaders to serve and strengthen greater Indianapolis.

Public Benefit
10
Indiana University Health Bedford Inc

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

Health
11
Cicp Foundation Inc

Cicp foundation, inc. (the foundation) operates exclusively for the benefit of and carries out the mission of central indiana corporate partnership, inc. (cicp) by engaging in and supporting activities in furtherance of purposes that are…

Community Improvement
12
Enroll Indy Inc

Enroll indy helps families choose schools that meet their children's needs by providing a one-stop enrollment process, school information that is relevant and easy to understand, and data to inform school improvement in indianapolis,…

Education
How this is measured
The grantee most central to the portfolio’s shape is Indiana State Museum Foundation Inc; the most unlike its peers is National Organization of Minority Architects. 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

34 grantees tracked through their own filings, 2017–2026.

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 2026, not grant rows in a single year, so this will not match the grant count on the cover. 34 of the 50 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.

0
Load-bearing (≥25% of a budget)
11
Early backer (in before they grew)
34/34
Grantees still filing
26/34
Grew since first funded

Where the money sits, by cause and then by grantee

University of Illinois Foundation: $25,000 · EducationUniversity of Illinois FoundationIndependent Colleges of Indiana Inc: $20,000 · EducationIndependent Colleges of Indiana IncAce Mentor Program of Indiana Inc: $12,139 · EducationAce Mentor Program of Indiana IncIllinois Institute of Technology: $5,000 · EducationIllinois Institute of TechnologyHERRON HIGH SCHOOL INC: $4,167 · EducationHERRON HIGH SCHOOL INCWAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION: $3,750 · Education+3 more: $3,425 · EducationNORTH CAROLINA STATE UNIVERSITY FND: $12,000 · OtherNORTH CAROLINA STATE UNIVERSIT…CRISIS NURSERY: $5,300 · OtherCRISIS NURSERYBSU FOUNDATION: $3,500 · OtherBSU FOUNDATIONUNIVERSITY OF ILLINOIS: $3,000 · OtherUNIVERSITY OF ILLINOISBOY SCOUTS: $3,000 · OtherBOY SCOUTSHOMELESS HOUSING AND ASSISTANCE CORPORATION: $2,678 · OtherINDIANA ARCHITECTURAL FOUNDATION INC: $2,000 · OtherINDY CRITERIUM INC: $8,500 · OtherINDY CRITERIUM INCREAD AND FEED: $2,719 · OtherHarrison Center for the Arts Inc: $2,140 · Other+13 more: $10,864 · Other+13 moreNORTHLIGHT THEATRE INC: $15,000 · Arts & CultureNORTHLIGHT THE…INDIANA STATE MUSEUM FOUNDATION INC: $3,750 · Arts & CultureINDIANA STATE …The 1852 Foundation Inc: $3,000 · Arts & CultureThe 1852 Found…ASPIRE HIGHER FOUNDATION INC: $2,500 · Arts & CultureASPIRE HIGHER …PHOENIX THEATRE INC: $2,500 · Arts & CulturePHOENIX THEATR…+1 more: $500 · Arts & CultureCANSTRUCTION INC: $12,124 · Food & NutritionCANSTRUCTI…EASTERN ILLINOIS FOODBANK: $6,000 · Food & NutritionEASTERN IL…+1 more: $500 · Food & Nutrition24 Foundation Inc: $5,265 · HealthMAJOR HOSPITAL FOUNDATION: $4,000 · HealthINDIANA WISH INC: $3,000 · HealthCANCER ASSOCIATION OF SHELBY COUNTY: $500 · Health+1 more: $50 · HealthDON MOYER BOYS & GIRLS CLUB: $5,495 · Youth DevelopmentBACK 2 SCHOOL AMERICA: $3,584 · Youth DevelopmentCHICAGO MOBILE MAKERS: $1,295 · Youth DevelopmentNATIONAL ORGANIZATION OF MINORITY ARCHITECTS: $8,856 · Community Improvement
Education$73,481Other$55,701Arts & Culture$27,250Food & Nutrition$18,624Health$12,815Youth Development$10,374Community Improvement$8,856

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetUniversity of Illinois Foundation: $25,000 over 5y, 0.0% of budgetIndependent Colleges of Indiana Inc: $20,000 over 2y, 0.1% of budgetNORTHLIGHT THEATRE INC: $15,000 over 2y, 0.2% of budgetAce Mentor Program of Indiana Inc: $12,139 over 4y, 7.8% of budgetCANSTRUCTION INC: $12,124 over 1y, 15% of budgetNATIONAL ORGANIZATION OF MINORITY ARCHITECTS: $8,856 over 2y, 0.4% of budgetINDY CRITERIUM INC: $8,500 over 2y, 1.4% of budgetEASTERN ILLINOIS FOODBANK: $6,000 over 4y, 0.0% of budgetDON MOYER BOYS & GIRLS CLUB: $5,495 over 2y, 0.1% of budgetCRISIS NURSERY: $5,300 over 3y, 0.1% of budget24 Foundation Inc: $5,265 over 2y, 0.1% of budgetIllinois Institute of Technology: $5,000 over 1y, 0.0% of budgetHERRON HIGH SCHOOL INC: $4,167 over 1y, 0.1% of budgetMAJOR HOSPITAL FOUNDATION: $4,000 over 2y, 0.1% of budgetINDIANA STATE MUSEUM FOUNDATION INC: $3,750 over 1y, 0.1% of budgetWAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION: $3,750 over 3y, 0.1% of budgetBACK 2 SCHOOL AMERICA: $3,584 over 1y, 0.4% of budgetINDIANA WISH INC: $3,000 over 2y, 0.2% of budgetThe 1852 Foundation Inc: $3,000 over 2y, 0.9% of budgetREAD AND FEED: $2,719 over 1y, 0.5% of budgetASPIRE HIGHER FOUNDATION INC: $2,500 over 1y, 0.2% of budgetUNIVERSITY OF COLORADO FOUNDATION: $2,325 over 1y, 0.0% of budgetHarrison Center for the Arts Inc: $2,140 over 1y, 0.1% of budgetCHICAGO MOBILE MAKERS: $1,295 over 1y, 0.6% of budgetTHE RALEIGH RESCUE MISSION INC: $750 over 1y, 0.0% of budgetBENJAMIN HARRISON PRESIDENTIAL SITE INC: $600 over 1y, 0.1% of budgetDePauw University: $500 over 1y, 0.0% of budgetCANCER ASSOCIATION OF SHELBY COUNTY: $500 over 1y, 0.2% of budgetNORTH CAROLINA MUSEUM OF ART FOUNDATION: $500 over 1y, 0.0% of budgetADVOCATES FOR URBAN AGRICULTURE NFP: $500 over 1y, 0.2% of budgetCARMEL CLAY PUBLIC LIBRARY FOUNDATION: $500 over 1y, 0.1% of budgetALZHEIMER'S DISEASE & RELATED DISORDERS ASSOCIATION INC: $50 over 1y, 0.0% 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.

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.

Lilly Endowment IncThe Indianapolis Foun…Central Indiana Commu…Allen Whitehill Clowe…Nicholas H Noyes Jr M…Lumina Foundation for…Dorsey Foundation IncArts Council of India…Christel DeHaan Famil…Richard M Fairbanks F…Eugene & Marilyn Glic…The Chicago Community…
Lilly Endowment IncIN23.2× affinity10 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Lilly Endowment Inc · The Indianapolis Foundation Inc · Central Indiana Community Foundation Inc · Allen Whitehill Clowes Charitable Foundation Inc · Nicholas H Noyes Jr Memorial Foundation · Lumina Foundation for Education Inc · Dorsey Foundation Inc · Arts Council of Indianapolis Inc · Christel DeHaan Family Foundation Inc · Richard M Fairbanks Foundation Inc · Eugene & Marilyn Glick Foundation · The Chicago Community Trust

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 Ratio Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Ratio Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%5%11%20%funder's share of their income ↑0%6%13%19%25%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    10report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–25%
    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 Ratio Foundation Inc?

    Find your warmest path to Ratio 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 50 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 Ratio’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