· Private foundation
S&P Global Foundation Fka the McGraw-Hill Research Foundation
Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.
Read this first · the figures below need context
75% of S&P Global Foundation Fka the McGraw-Hill Research Foundation’s FY2025 grant dollars went to American Online Giving Foundation Inc, not to grantees.
Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2025 names 3 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2022, the last year S&P Global Foundation Fka the McGraw-Hill Research Foundation named its own grantees at scale: 17 organizations, $11M. It is dated, not current.
Organizations named directly on the return
Amber years are those where most dollars went to a sponsor.
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.
Where the money goes
Grants by size, and the largest recipients.
By grant size · FY2022
- $10k–50k4 grants · $56k
- $50k–250k23 grants · $2.9M
- $250k+4 grants · $8.4M
| Recipient | Amount |
|---|---|
| THE BLACKBAUD GIVING FUND | $6,956,110 |
| MEDECINS SANS FRONTIERS USA | $500,000 |
| UNITED STATES FUND FOR UNICEF | $500,000 |
| AMERICAN ONLINE GIVING FOUNDATION | $415,971 |
| Individual grant recipient | $200,000 |
| AAPI CIVIC ENGAGEMENT FUND - NEO PHILANTHROPY INC | $200,000 |
| LAWYERS COMMITTEE FOR CIVIL RIGHTS UNDER LAW | $200,000 |
| ANTI-DEFAMATION LEAGUE | $200,000 |
| LAMBDA LEGAL DEFENCE AND EDUCATION FUND | $200,000 |
| HUMAN RIGHTS CAMPAIGN FOUNDATION | $200,000 |
| PROJECT HOPE | $150,000 |
| UNITED NATIONS FOUNDATION | $150,000 |
| WORLD CENTRAL KITCHEN | $150,000 |
| INTERNATIONAL RESCUE COMMITTEE | $150,000 |
| UNITED STATES ASSOCIATION FOR UNHCRTHE UN REFUGEE AGENCY | $150,000 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
US giving: 88% of grant dollars ($69M). The need read here covers only this US portion; the 12% that went abroad ($9.6M) is mapped below.
Its human-services grants (FY17–25, $1.3M) land where the poverty rate runs at 15%, against an area that typically sits at 9%. 96% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.
How this is measured
Which US states its grants reach
Beyond the US: 12% of all-years giving ($9.6M)
24 countries, by the recipient’s country on the filing.
How this is measured
Where the work is directed
The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.
About 39% of S&P Global Foundation Fka the McGraw-Hill Research Foundation’s grant dollars are earmarked for a different county than the recipient’s own address.
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
Grantees it renews have grown median revenue +49% since the first grant, against +35% for those funded once.
733 repeat relationships: 14 still active in FY2022, 719 since wound down; 24 grantees were first funded in FY2022 (too recent to call). Read against FY2022, the last year this funder named its own grantees directly; its giving has since run through a sponsor, which reports no donor behind each grant.
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2025, 93% of grant dollars renewed an existing relationship; $216k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
Backed again, and grew
UNITED STATES FUND FOR UNICEF7× · 2017–2024 · $1.7M · revenue +76%
DIRECT RELIEF3× · 2020–2023 · $1.3M · revenue +20%
PROJECT HOPE - THE PEOPLE-TO-PEOPLE HEALTH FOUNDATION INC5× · 2020–2025 · $850k · revenue +53%
Funded once
- TBTHE BLACKBAUD GIVING FUND DONOR ADVISED FUNDone grant, 2020 · $4.9M
- UWUNITED WAY WORLDWIDE DONOR ADVISED FUNDone grant, 2020 · $3.7M
- UDUGA DOCTORS WITHOUT BORDERS-MEDECINS SANS FRONTIERESone grant, 2021 · $500k
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.
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.
To educate students to be ethical and socially responsible leaders in a global community.
The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…
The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.
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.
Research, education and general - princeton university is a private not-for-profit, non-sectarian institution of higher learning with approximately 5,700 undergraduate and 3,300 graduate students. 2,500 students graduated in the 2024-2025…
The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.
Advance science, engineering, and innovation throughout the world for the benefit of all. the world's largest multidisciplinary scientific society and a leading publisher of cutting-edge research through its science family of journals,…
Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.
Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.
Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.
Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.
New york school of interior design provides the most innovative, immersive, and transformative interior design education in the world, demonstrating the impact of professionally designed interiors on the health, happiness, and well-being…
How this is measured
1483 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. 1483 of the 1,944 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.
Where the money sits, by cause and then by grantee
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
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 AMERICAN ONLINE GIVING FOUNDATION INC ↗
- Who funds UNITED WAY WORLDWIDE ↗
- Who funds UNITED STATES FUND FOR UNICEF ↗
- Who funds DIRECT RELIEF ↗
- Who funds PROJECT HOPE - THE PEOPLE-TO-PEOPLE HEALTH FOUNDATION INC ↗
- Who funds American National Red Cross & Its Constituent Chapters and Branches ↗
- Who funds MEDECINS SANS FRONTIERES USA INC ↗
- Who funds GIVE2ASIA ↗
- Who funds MYRIAD USA INC ↗
- Who funds International Rescue Committee INC ↗
- Who funds Feeding America ↗
- Who funds National Domestic Workers Alliance Inc ↗
- Who funds Freefrom ↗
- Who funds WORLD CENTRAL KITCHEN INC ↗
- Who funds UPWARDLY GLOBAL ↗
- Who funds ANTI-DEFAMATION LEAGUE ↗
- Who funds LAMBDA LEGAL DEFENSE & EDUCATION FUND INC ↗
- Who funds HUMAN RIGHTS CAMPAIGN FOUNDATION ↗
- Who funds HUMAN RIGHTS WATCH INC ↗
- Who funds Lawyers' Committee for Civil Rights Under Law ↗
- Who funds INTERNATIONAL MEDICAL CORPS ↗
- Who funds US Chamber of Commerce Foundation ↗
- Who funds UNITED NATIONS FOUNDATION 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.
Open a dossier: Charlottesville Area Community Foundation · Perry Foundation Inc · The Charles Fund Inc · The J & E Berkley Foundation · Oakwood Foundation Charitable Trust · Manning Family Foundation · American Express Foundation · The Genan Foundation · The Oak Hill Fund · Caplin Foundation · The Hyde and Watson Foundation · Cassiopeia Foundation Inc
How this is measured
How much its grantees rely on government
Each dot is one organization S&P Global Foundation Fka the McGraw-Hill Research Foundation funds: left to right is the share of its income from government, bottom to top the share from S&P Global Foundation Fka the McGraw-Hill Research Foundation. Bigger dots raise more.
- Massachusetts Institute of Technology: 35% of income from government
- Save the Children Federation Inc: 30% of income from government
- Trustees of Tufts College: 13% of income from government
- Johns Hopkins University: 12% of income from government
- President and Fellows of Harvard College: 7% of income from government
- Seton Hall University: 1% of income from government
- Americares Foundation Inc: 0% of income from government
- Wounded Warrior Project Inc: 0% of income from government
- Rutgers University Foundation: 0% of income from government
How this is measured
Play a game based on S&P Global Foundation Fka the McGraw-Hill Research’s filings →