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Virginia · Public charity

Rule of Law Trust

To advance conservative principles and causes through communications, research, strategy and assistance to other organizations.

$15M
Granted FY2024(still arriving)
2
Grants FY2024
2
Organizations funded FY2023
100%
First-time grantees FY2023
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Read this first · the figures below need context

100% of Rule of Law Trust’s FY2024 grant dollars went to Schwab Charitable Fund, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 0 organizations directly, so a portfolio cannot be read from it.

Organizations named directly on the return

1
’20
1
’21
0
’22
2
’23
0
’24

Amber years are those where most dollars went to a sponsor.

Median grant, FY2024
$13,750,000
Largest grant, FY2024
$13,750,000
Organizations funded a year
1 to 2
FY2020 to FY2023
States reached, FY2024
2
Total assets, FY2024
$174M

How open it is to new grantees

In FY2023, 100% of the organizations Rule of Law Trust funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $286k went to new ones.

50%100%’21’23
RenewedFirst-time

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

’21’23
Civil RightsPhilanthropy
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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20232$286k100%
FY20211$3.0M0%
FY20201$22Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Philanthropy$67MCrime & Legal$22MPublic Benefit$3.0MCivil Rights$236k

Top grantees

Largest recipients by total granted, FY2020 to FY2023, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
The Concord Fund$24,500,00026%
Right Vote Inc$235,54113%
Chicago Freedom Trust$50,0001100%

Compare Rule of Law Trust with peer funders

About Rule of Law Trust

How much does Rule of Law Trust give?
Rule of Law Trust reported 2 grants totaling $15,150,000 in its FY2024 IRS filing. It funded between 1 and 2 organizations a year over FY2020 to FY2023.
What does Rule of Law Trust fund?
By grant dollars over FY2020 to FY2023, its largest causes are Philanthropy (73%), Crime & Legal (24%), Public Benefit (3%).
Who are Rule of Law Trust's largest grantees?
By total granted over FY2020 to FY2023: The Concord Fund ($25M), Right Vote Inc ($236k), Chicago Freedom Trust ($50k).
Does Rule of Law Trust fund new organizations?
In FY2023, 100% of the organizations it funded were first-time grantees.
Where is Rule of Law Trust based?
Rule of Law Trust is based in VA.

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 7 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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