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Sun Belt Conference at a glanceAlso receives grants: funding profile →

· Public charity

Sun Belt Conference

The purpose of the SUN BELT CONFERENCE shall be to assist its member institutions in the maintenance of programs of intercollegiate athletics.

$41M
Granted FY2025still arriving
14
Grants FY2025still arriving
—
States reached
$2.0M
Largest
01What it fundsRead
02Its granteesRead
03Its fieldRead
01What it funds
0199% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Recreation & Sports$146MOther$0
02FY2025 · 14 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 14 grants below total $24,307,113, the rows itemized in this filing. The $41,401,730 headline is the total grant expense on the return; the other $17,094,617 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.
$1,717,642
Median grant
—
States reached
$20M
Total assets
Largest grants
RecipientAmount
JAMES MADISON UNIVERSITY$1,977,767
MARSHALL UNIVERSITY$1,717,642
UNIVERSITY OF LOUISIANA MONROE$1,717,642
OLD DOMINION UNIVERSITY$1,717,642
COASTAL CAROLINA UNIVERSITY$1,717,642
TROY UNIVERSITY$1,717,642
ARKANSAS STATE UNIVERSITY$1,717,642
UNIVERSITY OF SOUTH ALABAMA$1,717,642
GEORGIA SOUTHERN UNIVERSITY$1,717,642
UNIVERSITY OF LOUISIANA LAFAYETTE$1,717,642
GEORGIA STATE UNIVERSITY$1,717,642
TEXAS STATE UNIVERSITY$1,717,642
UNIVERSITY OF SOUTHERN MISSISSIPPI$1,717,642
APPALACHIAN STATE UNIVERSITY$1,717,642
02Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

97%of every dollar goes to organizations it has funded before.
$143M · 16 repeat orgs$4.7M to everyone else

16 repeat relationships: 14 still active in FY2025, 2 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

16
4

Total granted

$143M
$4.7M

Still filing today

0%
0%

New vs renewed · share of each year

In FY2025, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

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

  • AS
    APPALACHIAN STATE UNIVERSITY
    9× · 2017–2025 · $13M
  • GS
    GEORGIA STATE UNIVERSITY
    9× · 2017–2025 · $13M
  • IG
    Individual grant recipient
    9× · 2017–2025 · $13M

Funded once

  • TS
    TROY STATE UNIVERSITY
    2× · 2017–2018 · $1.5M
  • UL
    UNIVERSITY LOUSISANA - MONROE
    2× · 2017–2018 · $1.4M
  • UO
    UNIVERSITY OF IDAHO
    2× · 2017–2018 · $892k
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.

03Its field
03the grantee network

0 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. 0 of the 20 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)
0
Early backer (in before they grew)
0/0
Grantees still filing
0/0
Grew since first funded

Where the money sits, by cause and then by grantee

APPALACHIAN STATE UNIVERSITY: $13,168,127 · OtherAPPALACHIAN STATE UNIVERSITYGEORGIA STATE UNIVERSITY: $13,139,529 · OtherGEORGIA STATE UNIVERSITYIndividual grant recipient: $13,111,950 · OtherIndividual grant recipientUNIVERSITY OF SOUTH ALABAMA: $12,903,009 · OtherUNIVERSITY OF SOUTH ALABAMAGEORGIA SOUTHERN UNIVERSITY: $12,894,563 · OtherGEORGIA SOUTHERN UNIVERSITYARKANSAS STATE UNIVERSITY: $12,869,231 · OtherARKANSAS STATE UNIVERSITYTEXAS STATE UNIVERSITY: $12,614,687 · OtherTEXAS STATE UNIVERSITYCOASTAL CAROLINA UNIVERSITY: $12,132,649 · OtherCOASTAL CAROLINA UNIVERSITYTROY UNIVERSITY: $11,369,762 · OtherTROY UNIVERSITYUNIVERSITY OF LOUISIANA MONROE: $11,271,427 · OtherUNIVERSITY OF LOUISIANA MONROE+10 more: $21,832,326 · Other+10 more
Other$147,307,260

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

25%50%75%100%grantee revenue →↑ funder's share of their 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.

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 20 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

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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