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Spencer Educational Foundation Inc at a glanceAlso receives grants: funding profile →

· Public charity

Spencer Educational Foundation Inc

To facilitate the funding of tomorrow's risk management and insurance leaders through scholarships, grants, internship opportunities, on and off campus experiential learning, and support of risk management curricula.

$2.9M
Granted FY2025still arriving
122
Grants FY2025still arriving
35
States reached
$83k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$2.9MScience & Tech$705kEmployment$489kCommunity Improvement$122kYouth Development$88kHealth$80kPhilanthropy$38kHousing & Shelter$30kOther$0
02FY2025 · 122 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 122 grants below total $1,965,788, the rows itemized in this filing. The $2,942,586 headline is the total grant expense on the return; the other $976,798 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2025

  • Under $10k53 grants · $356k
  • $10k–50k66 grants · $1.4M
  • $50k–250k3 grants · $197k
$10,000
Median grant
35
States reached
$9.9M
Total assets
Largest grants
RecipientAmount
ST JOSEPH'S UNIVERSITY$82,500
DOMINICAN UNIVERSITY$64,000
TEMPLE UNIVERSITY$50,000
UNIVERSITY OF SOUTH FLORIDA$49,700
NATIONAL AFRICAN AMERICAN INSURANCE ASSOCIATION (NAAIA)$46,343
RISK & INSURANCE EDUCATION ALLIANCE (THE ALLIANCE)$45,000
DEPAUW UNIVERSITY$44,926
UNIVERSITY OF ILLINOIS CHICAGO$40,000
MORGAN STATE UNIVERSITY$38,500
UNIVERSITY OF NORTH TEXAS$37,869
FISK UNIVERSITY$35,150
FLORIDA STATE UNIVERSITY$35,000
FAYETTEVILLE STATE UNIVERSITY$30,000
VIRGINIA COMMONWEALTH UNIVERSITY SCHOOL OF BUSINESS FOUNDATION$30,000
THE UNIVERSITY OF AKRON$29,370
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 (FY25–25, $10k) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%ORGANIZATION OF LATINO ACTUARIES: $10k → 14%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

WA
MN
IL
WI
MI
NY
MA
OR
NV
IN
OH
PA
NJ
CT
CA
CO
NE
MO
VA
MD
AZ
NM
KS
AR
TN
NC
SC
DC
OK
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.

70%of every dollar goes to organizations it has funded before.
$4.5M · 86 repeat orgs$2.0M to everyone else

86 repeat relationships: 55 still active in FY2025, 31 since wound down; 62 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

86
82

Total granted

$4.5M
$1.0M

Median revenue growth · since first grant

+19%
+24%

Still filing today

43%
30%

New vs renewed · share of each year

In FY2025, 51% of grant dollars renewed an existing relationship; $970k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

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

’17’18’19’20’21’22’23’24’25
EducationCommunity ImprovementPhilanthropyHealthMembership BenefitHousing & ShelterOther
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

  • RA
    RISK AND INSURANCE MANAGEMENT SOCIETY INC
    5× · 2017–2021 · $568k · revenue +27%
  • TU
    Temple University - Of The Commonwealth System of Higher Education
    8× · 2017–2025 · $409k · revenue +5%
  • SJ
    SAINT JOSEPH'S UNIVERSITY
    5× · 2021–2025 · $358k · revenue +24%

Funded once

  • FU
    FAULKNER UNIVERSITY
    one grant, 2024 · $50k · revenue +1%
  • CU
    CHAPMAN UNIVERSITYgraduated
    one grant, 2019 · $48k · revenue +32%
  • TU
    TUFTS UNIVERSITY
    one grant, 2024 · $34k
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
Furman University

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.

Education
2
University of New Haven

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…

Education
3
Lehigh University

The university's goal in the coming decade is to advance learning through the integration of teaching, research and service to others. the core of this goal is to prepare graduates to engage with the world and lead lives of meaning. to do…

Education
4
Augustana College

Rooted in the liberal arts & sciences & lutheran expression of the christian faith, & is committed to offering a challenging education that develops qualities of mind, spirit, & body necessary for a rewarding life of leadership & service…

Education
5
University of the Sciences in Philadelphia

University of the sciences prepares students to become leaders, innovators, and skilled practitioners in the sciences, the health professions, and related disciplines. we deliver excellence in teaching, research, and service through a safe…

—
6
Delaware Valley University

See schedule o.we are inspired by the ideals of our founder who, in 1896, emphasized respect for all people and ideas, who honored knowledge with practice, progress and the common good. our historical commitment to experiential learning…

—
7
Manhattanville University

To educate students to be ethical and socially responsible leaders in a global community.

Education
8
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
9
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
10
The Trustees of Princeton University

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…

Education
11
Point Park University

Provides innovative education in a dynamic urban setting. dedicated to academic excellence and community engagement,we prepare students of diverse backgrounds with the knowledge, skill,and experience to lead meaningful lives as informed…

—
12
Ashland University

Ashland university, guided by our christian heritage, is a comprehensive, private university that provides a transformative learning experience, shaping graduates who work, serve and lead with integrity in their local, national, and global…

Education
How this is measured
The grantee most central to the portfolio’s shape is La Salle University; the most unlike its peers is Adecco Group Us Charities Inc. 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

94 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. 94 of the 231 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.

1
Load-bearing (≥25% of a budget)
6
Early backer (in before they grew)
93/94
Grantees still filing
56/94
Grew since first funded

Where the money sits, by cause and then by grantee

RISK AND INSURANCE MANAGEMENT SOCIETY INC: $567,547 · OtherRISK AND INSURANCE MANAGEMENT SOCIETY INCGAMMA IOTA SIGMA: $200,000 · OtherGAMMA IOTA SIGMA+128 more: $2,663,267 · Other+128 moreTemple University - Of The Commonwealth System of Higher Education: $409,143 · EducationTemple University - Of The Commonwealth System…SAINT JOSEPH'S UNIVERSITY: $357,500 · EducationSAINT JOSEPH'S UNIVERSITY+59 more: $1,859,280 · Education+59 moreCAL STATE FULLERTON PHILANTHROPIC FOUNDATION: $100,000 · PhilanthropyADECCO GROUP US CHARITIES INC: $7,500 · PhilanthropyRISK & INSURANCE EDUCATION ALLIANCE (THE ALLIANCE): $45,000 · Membership BenefitAMERICAN RISK & INSURANCE ASSOC INC: $35,000 · Membership BenefitBon Secours Mercy Health Inc: $35,498 · HealthJOHN F KENNEDY MEDICAL CENTER FOUNDATION INC: $15,000 · HealthUNIVERSITY RISK MANAGEMENT AND INSURANCE ASSOCIATION: $30,000 · Community ImprovementNATIONAL ASSOCIATION OF BLACK COMPLIANCE AND RISK MANAGEMENT PRO: $8,000 · Community ImprovementFAYETTEVILLE STATE UNIVERSITY: $30,000 · Housing & Shelter
Other$3,430,814Education$2,625,923Philanthropy$107,500Membership Benefit$80,000Health$50,498Community Improvement$38,000Housing & Shelter$30,000

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 budgetRISK AND INSURANCE MANAGEMENT SOCIETY INC: $567,547 over 5y, 1.1% of budgetTemple University - Of The Commonwealth System of Higher Education: $409,143 over 8y, 0.0% of budgetSAINT JOSEPH'S UNIVERSITY: $357,500 over 5y, 0.0% of budgetGAMMA IOTA SIGMA: $200,000 over 6y, 4.4% of budgetCAL STATE FULLERTON PHILANTHROPIC FOUNDATION: $100,000 over 4y, 0.2% of budgetILLINOIS STATE UNIVERSITY FOUNDATION: $81,300 over 4y, 0.1% of budgetFISK UNIVERSITY: $78,354 over 4y, 0.1% of budgetSTONY BROOK FOUNDATION INC: $74,500 over 3y, 0.0% of budgetNAAIA FOUNDATION: $73,593 over 4y, 20% of budgetTHE BROOKLYN COLLEGE FOUNDATION INC: $66,000 over 2y, 0.2% of budgetDePauw University: $65,992 over 2y, 0.0% of budgetBRENAU UNIVERSITY INC: $65,500 over 2y, 0.1% of budgetDOMINICAN UNIVERSITY NEW YORK: $64,000 over 1y, 0.1% of budgetAPPALACHIAN STATE UNIVERSITY FOUNDATION INC: $62,750 over 3y, 0.1% of budgetUniversity of St Thomas: $60,919 over 3y, 0.0% of budgetMERCY UNIVERSITY: $60,000 over 3y, 0.0% of budgetBOWIE STATE UNIVERSITY FOUNDATION INC: $60,000 over 2y, 0.6% of budgetUNIVERSITY OF COLORADO FOUNDATION: $51,810 over 3y, 0.0% of budgetFAULKNER UNIVERSITY: $50,000 over 1y, 0.1% of budgetSOCIETY OF CERTIFIED INSURANCE SERVICE REPRESENTATIVES INC: $50,000 over 2y, 0.8% of budgetNew York University: $50,000 over 2y, 0.0% of budgetUNIVERSITY OF HARTFORD: $50,000 over 2y, 0.0% of budgetNORTHERN ARIZONA UNIVERSITY FOUNDATION: $48,762 over 2y, 0.1% of budgetCHAPMAN UNIVERSITY: $47,500 over 1y, 0.0% of budgetUNIVERSITY OF SOUTHERN CALIFORNIA: $46,650 over 1y, 0.0% of budgetUniversity of Nevada Reno Foundation: $46,200 over 3y, 0.0% of budgetUniversity of Chicago: $40,000 over 1y, 0.0% of budgetTHE ACTUARIAL FOUNDATION: $40,000 over 2y, 0.8% of budgetBon Secours Mercy Health Inc: $35,498 over 5y, 0.0% of budgetAMERICAN RISK & INSURANCE ASSOC INC: $35,000 over 2y, 4.4% of budgetLe Moyne College: $33,080 over 3y, 0.0% of budgetNEW YORK INSTITUTE OF TECHNOLOGY: $32,500 over 2y, 0.0% of budgetUNIVERSITY RISK MANAGEMENT AND INSURANCE ASSOCIATION: $30,000 over 3y, 1.0% of budgetVIRGINIA COMMONWEALTH UNIVERSITY SCHOOL OF BUSINESS FOUNDATION: $30,000 over 1y, 0.5% of budgetFAYETTEVILLE STATE UNIVERSITY: $30,000 over 1y, 4.4% of budgetPORTLAND STATE UNIVERSITY FOUNDATION: $28,750 over 1y, 0.1% of budgetBRADLEY UNIVERSITY: $28,550 over 1y, 0.0% of budgetUNIVERSITY OF DENVER: $28,250 over 2y, 0.0% of budgetNATIONAL AFRICAN-AMERICAN INSURANCE ASSOCIATION: $27,000 over 2y, 0.8% of budgetEUREKA COLLEGE: $25,000 over 1y, 0.2% of budgetOLD DOMINION UNIVERSITY RESEARCH FOUNDATION: $25,000 over 1y, 0.1% of budgetNew Mexico State Univ Fdn Inc: $25,000 over 1y, 0.1% of budgetCANISIUS UNIVERSITY: $25,000 over 1y, 0.0% of budgetOLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION: $24,000 over 2y, 0.0% of budgetTHE UNIVERSITY OF AKRON FOUNDATION: $22,710 over 1y, 0.1% of budgetTARLETON STATE UNIVERSITY FOUNDATION: $22,337 over 1y, 0.1% of budgetSHENANDOAH UNIVERSITY: $21,500 over 1y, 0.0% of budgetCAMPUS AUXILIARY SERVICES INC AT STATE UNIVERSITY COLLEGE GENESEO NEW YORK: $20,683 over 1y, 0.1% 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.

National Collegiate A…American Chemical Soc…Folds of Honor Founda…Tulsa Community Found…The Trustees of Colum…Kpmg US Foundation IncNational Geographic S…National Housing Endo…Lyford Cay Foundation…American Heart Associ…University of Notre D…The Howard University
National Collegiate Athletic AssociationIN28.3× affinity13 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: National Collegiate Athletic Association · American Chemical Society · Folds of Honor Foundation · Tulsa Community Foundation · The Trustees of Columbia University in the City of New York · Kpmg US Foundation Inc · National Geographic Society · National Housing Endowment · Lyford Cay Foundation Inc · American Heart Association Inc · University of Notre Dame du Lac · The Howard University

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

2024
’20’21’22’23’24’25
no gov · 40%3%10%23%40%funder's share of their income ↑0%10%20%30%40%share of the org’s income from government →median 0%
  • University of Hartford: 1% of income from government
  • VyStar Credit Union: 0% of income from government
  • Oregon State University Foundation: 0% of income from government
no gov moneyreceives it· size = income
4get no government money at all
2report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–40%
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.

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 231 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 Spencer Educational’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