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Target Foundation at a glanceAlso receives grants: funding profile →

· Private foundation

Target Foundation

Its FY2025 filing reports that it accepted unsolicited grant applications.

$23M
Granted FY2025still arriving
125
Grants FY2025still arriving
14
States reached
$1.0M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.

Community Improvement$46MInternational$24MHousing & Shelter$12MPhilanthropy$11MHuman Services$8.9MArts & Culture$7.3MCivil Rights$5.3MCrime & Legal$4.8MOther$0
02FY2025 · 125 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • $10k–50k11 grants · $270k
  • $50k–250k86 grants · $9.5M
  • $250k+28 grants · $13M
$100,000
Median grant
14
States reached
$74M
Total assets
Largest grants
RecipientAmount
THE ACUMEN FUND INC$1,000,000
CAF AMERICA$1,000,000
ISSARA INSTITUTE INC$1,000,000
CO-IMPACT PHILANTHROPIC FUNDS INC$1,000,000
PEOPLES COURAGE INTERNATIONAL INC$1,000,000
COMMON FUTURE$750,000
FIRST NATIONS DEVELOPMENT INSTITUTE$750,000
POLICYLINK$600,000
EARN INC$500,000
MISSION ASSET FUND$500,000
NEIGHBORHOOD TRUST FINANCIAL PARTNERS$500,000
PROSPERITY NOW$500,000
CHAPEL & YORK FOUNDATION INC$300,000
CAF AMERICA$300,000
MYRIAD USA INC$300,000
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 (FY20–25, $16.9M) land where the poverty rate runs at 12%, against an area that typically sits at 10%. 91% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%CATHOLIC CHARITIES OF THE ARCHDIOCESE OF ST PAUL & MPLS: $120k → 7%ISSARA INSTITUTE INC: $1.0M → 8%COMMONWEAL: $200k → 8%CHANGE MACHINE: $250k → 20%COMMUNITY CREDIT LAB: $150k → 9%SPRINGBOARD TO OPPORTUNITIES: $250k → 23%FREEFROM: $400k → 14%SPRINGBOARD TO OPPORTUNITIES: $175k → 23%FREEFROM: $225k → 14%UPTOGETHER: $500k → 10%FAMILY INDEPENDENCE INITIATIVE: $250k → 10%PEOPLES COURAGE INTERNATIONAL INC: $1.0M → 14%INTERNATIONAL INSTITUTE OF MINNESOTA: $100k → 14%INTERNATIONAL INSTITUTE OF MINNESOTA: $100k → 14%SABATHANI COMMUNITY CENTER: $132k → 11%KAREN ORGANIZATION OF MINNESOTA: $100k → 14%SABATHANI COMMUNITY CENTER: $132k → 11%KAREN ORGANIZATION OF MINNESOTA: $100k → 14%PREPARE PROSPER: $100k → 14%YWCA OF MINNEAPOLIS: $100k → 11%YWCA OF MINNEAPOLIS: $100k → 11%ISUROON: $100k → 11%NATIVE GOVERNANCE CENTER: $200k → 11%NATIVE GOVERNANCE CENTER: $200k → 11%AFRICAN DEVELOPMENT CENTER: $200k → 11%AFRICAN DEVELOPMENT CENTER: $175k → 11%AFRICAN DEVELOPMENT CENTER: $100k → 11%AFRICAN DEVELOPMENT CENTER: $100k → 11%TIWAHE FOUNDATION: $100k → 14%YWCA OF MINNEAPOLIS: $100k → 11%YWCA OF MINNEAPOLIS: $100k → 11%UJAMAA PLACE: $200k → 14%NEIGHBORHOOD DEVELOPMENT CENTER INC: $200k → 14%AMHERST H WILDER FOUNDATION: $200k → 14%NEIGHBORHOOD DEVELOPMENT CENTER INC: $200k → 14%UJAMAA PLACE: $200k → 14%UJAMAA PLACE: $200k → 14%NEIGHBORHOOD DEVELOPMENT CENTER INC: $150k → 14%THE BRIDGE FOR YOUTH: $144k → 11%THE BRIDGE FOR YOUTH: $144k → 11%YMCA OF THE GREATER TWIN CITIES: $240k → 11%PROJECT FOR PRIDE IN LIVING INC (PPL): $175k → 11%PROJECT FOR PRIDE IN LIVING INC (PPL): $160k → 11%PROJECT FOR PRIDE IN LIVING INC (PPL): $160k → 11%MINNEAPOLIS AMERICAN INDIAN CENTER: $150k → 11%URBAN LEAGUE TWIN CITIES: $200k → 11%URBAN LEAGUE TWIN CITIES: $200k → 11%PHYLLIS WHEATLEY COMMUNITY CENTER INC: $150k → 11%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
MT
MN
IL
WI
NY
MA
SD
PA
CA
CO
KY
VA
AZ
NM
NC
DC
OK
MS
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.

80%of every dollar goes to organizations it has funded before.
$96M · 274 repeat orgs$24M to everyone else

Grantees it renews have grown median revenue +13% since the first grant, against 0% for those funded once.

274 repeat relationships: 104 still active in FY2025, 170 since wound down; 13 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

274
66

Total granted

$96M
$18M

Median revenue growth · since first grant

+13%
0%

Still filing today

93%
83%

New vs renewed · share of each year

In FY2025, 74% of grant dollars renewed an existing relationship; $5.3M went to new ones.

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

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

’20’21’22’23’24’25
Arts & CultureHuman ServicesCommunity ImprovementHousing & ShelterInternationalEducationOther
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

  • CF
    CENTER FOR ECONOMIC INCLUSION
    3× · 2020–2024 · $2.0M · revenue +36% · 40% of their budget
  • NI
    NAMATI INC
    2× · 2021–2024 · $2.0M · revenue +65%
  • TF
    THE FRIENDSHIP BRIDGE
    2× · 2021–2024 · $2.0M · revenue +66%

Funded once

  • MB
    Minnesota Black Collective Foundation
    one grant, 2024 · $1.5M · revenue -18% · 53% of their budget
  • NV
    NEW VENTURE FUND (CO-IMPACT)
    one grant, 2022 · $1.0M
  • II
    ISSARA INSTITUTE INCgraduated
    one grant, 2022 · $1.0M · revenue +665%
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
Minnesota Business Partnership

The minnesota business partnership's mission is to maintain a high quality of life for all minnesotans by ensuring that the state's economy remains strong, globally competitive and its prospects for growth bright by working with elected…

—
2
Minnesota Chamber of Commerce and Industry

The minnesota chamber of commerce proactively leads the business community statewide to: advance pro-business, responsible minnesota public policy that creates jobs and grows the econony; provde member services to address evolving business…

—
3
Minneapolis Regional Chamber of Commerce

Creating powerful advocacy to enhance economic vitality in the minneapolis-st. paul region.

—
4
Mn Community Measurement

Mn community measurement empowers stakeholders with meaningful information to drive improvement.

Health
5
Arts Midwest Incorporated

Arts Midwest works collaboratively with private and public arts supporters to support, inform, and celebrate arts organizations and creative communities across the Midwest. Our mission is to build unprecedented opportunity across the…

Arts & Culture
6
United Way of Ne Minnesota

United way of northeastern minnesota invests in nonprofits, programs, and collaborations that equip and empower, creating opportunities for people to thrive in our communities.

—
7
St Paul Transportation Management Organization

Move minnesota leads the movement for an equitable and sustainable transportation system that puts people first. we are passionate about connecting communities, ending the climate crisis, expanding access to jobs and resources, and…

Environment
8
Neighborhood Housing Services of Duluth One Roof Lending

To provide financing that will help people of lower income find, purchase, and fix their homes, for both single family homes as well as rental housing situations.

Community Improvement
9
Minnesota Voice

Minnesota Voice is a collaboration of organizations working toward permanent change in social, racial, and economic justice by increasing civic engagement and voter participation across the state.

Public Benefit
10
Minnesota Valley Action Council Inc

Develop resources and opportunities which empower people and communities.

Community Improvement
11
Community Shares of Minnesota

The mission of community shares of minnesota is to create a fair, just and equitable minnesota. community shares of minnesota accomplishes its mission by: supporting collective action to eliminate root causes of inequality and injustice;…

—
12
Minnesota Medical Association

To be the leading voice of medicine to make minnesota the healthiest state and the best place to practice.

—
How this is measured
The grantee most central to the portfolio’s shape is The Minneapolis Foundation; the most unlike its peers is Minneapolis Pops Orchestra Association. 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

341 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. 341 of the 367 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.

14
Load-bearing (≥25% of a budget)
62
Early backer (in before they grew)
334/341
Grantees still filing
189/341
Grew since first funded

Where the money sits, by cause and then by grantee

CENTER FOR ECONOMIC INCLUSION: $2,050,000 · Community ImprovementCENTER FOR ECONOMIC IN…POLICYLINK: $1,700,000 · Community ImprovementPOLICYLINKCOMMON FUTURE: $1,500,000 · Community ImprovementCOMMON FUTUREPROSPERITY NOW: $1,450,000 · Community ImprovementPROSPERITY NOWFINANCIAL HEALTH NETWORK INC: $1,240,000 · Community ImprovementMISSION ASSET FUND: $1,200,000 · Community ImprovementLOCAL INITIATIVES SUPPORT CORPORATION: $1,150,000 · Community ImprovementNATIONAL ASSOCIATION FOR LATINO COMMUNITY ASSET BUILDERS: $1,100,000 · Community ImprovementNational Coalition for Asian Pacific American Community Development: $1,100,000 · Community ImprovementNORTHSIDE ECONOMIC OPPORTUNITY NETWORK: $950,000 · Community ImprovementSERVEMINNESOTA: $850,000 · Community Improvement+30 more: $10,930,378 · Community Improvement+30 moreCHARITIES AID FOUNDATION AMERICA: $8,903,159 · PhilanthropyCHARITIES AID FOUN…NEXUS COMMUNITY PARTNERS: $2,620,000 · PhilanthropyNEXUS COMMUNITY PA…Minnesota Black Collective Foundation: $1,500,000 · PhilanthropyMinnesota Black Co…EARN INC: $1,375,000 · PhilanthropyEARN INCGREATER TWIN CITIES UNITED WAY: $1,190,000 · PhilanthropyGREATER TWIN CITIE…CO-IMPACT PHILANTHROPIC FUNDS INC: $1,000,000 · PhilanthropyPROPEL NONPROFITS: $855,000 · PhilanthropyROCKEFELLER PHILANTHROPY ADVISORS INC: $750,000 · Philanthropy+8 more: $2,890,000 · Philanthropy+8 moreFIRST NATIONS DEVELOPMENT INSTITUTE: $1,750,000 · OtherPILLSBURY UNITED COMMUNITIES: $1,672,800 · OtherNEIGHBORHOOD TRUST FINANCIAL PARTNERS INC: $1,375,000 · OtherNAMATI INC: $2,000,000 · OtherNAMATI INCNORTHSIDE ACHIEVEMENT ZONE: $1,800,000 · OtherNEW VENTURE FUND: $1,500,000 · Other+63 more: $26,412,800 · Other+63 moreACUMEN FUND INC: $2,150,000 · InternationalACUMEN FUND IN…KIVA MICROFUNDS: $2,001,525 · InternationalKIVA MICROFUND…THE FRIENDSHIP BRIDGE: $1,997,800 · InternationalTHE FRIENDSHIP…AVINA AMERICAS INC: $1,850,000 · InternationalAVINA AMERICAS…AGORA PARTNERSHIPS: $1,475,320 · InternationalAGORA PARTNERS…PRO MUJER INC: $1,000,000 · InternationalPRO MUJER INCASHOKA: $894,000 · InternationalASHOKANEST INC: $805,288 · InternationalCAPI USA: $778,080 · InternationalTHE ASIA FOUNDATION: $600,000 · InternationalDASRA: $600,000 · International+5 more: $1,575,000 · International+5 morePROJECT FOR PRIDE IN LIVING INC: $1,016,000 · Human ServicesPROJECT FOR P…PEOPLE'S COURAGE INTERNATIONAL INC: $1,000,000 · Human ServicesPEOPLE'S COUR…ISSARA INSTITUTE INC: $1,000,000 · Human ServicesISSARA INSTIT…NEIGHBORHOOD DEVELOPMENT CENTER INC: $925,000 · Human ServicesNEIGHBORHOOD …UJAMAA PLACE: $750,000 · Human ServicesFII - NATIONAL: $750,000 · Human ServicesFreefrom: $625,000 · Human ServicesAMHERST H WILDER FOUNDATION: $602,000 · Human ServicesAFRICAN DEVELOPMENT CENTER: $575,000 · Human ServicesSABATHANI COMMUNITY CENTER: $568,980 · Human ServicesNATIVE GOVERNANCE CENTER: $560,000 · Human Services+21 more: $6,660,000 · Human Services+21 moreHOPE COMMUNITY INC: $1,018,600 · Housing & ShelterAEON: $835,200 · Housing & ShelterLatino Economic Development Center: $580,000 · Housing & ShelterFAMILY HOUSING FUND: $529,000 · Housing & ShelterCITY OF LAKES COMMUNITY LAND TRUST: $495,000 · Housing & ShelterJEREMIAH PROGRAM: $379,000 · Housing & ShelterHOUSING IN ACTION INC: $346,200 · Housing & ShelterMINNESOTA HOME OWNERSHIP CENTER: $318,600 · Housing & ShelterLAND BANK TWIN CITIES INC: $310,000 · Housing & ShelterTHE RONDO COMMUNITY LAND TRUST: $300,000 · Housing & ShelterEMMA NORTON SERVICES: $266,800 · Housing & ShelterFEDERATION OF APPALACHIAN HOUSING ENTERPRISES INC: $250,000 · Housing & ShelterHOME LINE: $250,000 · Housing & ShelterGREATER METROPOLITAN HOUSING CORPORATION: $245,200 · Housing & Shelter+3 more: $555,000 · Housing & ShelterMassachusetts Institute of Technology: $1,200,000 · EducationBuild Wealth MN Inc: $1,075,000 · EducationYouthprise: $1,000,000 · EducationNATIONAL DISABILITY INSTITUTE INC: $600,000 · EducationECHOING GREEN INC: $500,000 · EducationAFRICAN ECONOMIC DEVELOPMENT SOLUTIONS: $470,000 · EducationAFRICAN AMERICAN LEADERSHIP FORUM: $450,000 · EducationSUMMIT ACADEMY OIC: $400,000 · EducationGEORGETOWN UNIVERSITY: $200,000 · Education
Community Improvement$25,220,378Philanthropy$21,083,159Other$36,510,600International$15,727,013Human Services$15,031,980Housing & Shelter$6,678,600Education$5,895,000

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%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetCHARITIES AID FOUNDATION AMERICA: $8,903,159 over 5y, 0.3% of budgetNEXUS COMMUNITY PARTNERS: $2,620,000 over 4y, 17% of budgetACUMEN FUND INC: $2,150,000 over 2y, 1.9% of budgetCENTER FOR ECONOMIC INCLUSION: $2,050,000 over 3y, 40% of budgetKIVA MICROFUNDS: $2,001,525 over 2y, 2.9% of budgetNAMATI INC: $2,000,000 over 2y, 7.9% of budgetTHE FRIENDSHIP BRIDGE: $1,997,800 over 2y, 14% of budgetAVINA AMERICAS INC: $1,850,000 over 2y, 14% of budgetNORTHSIDE ACHIEVEMENT ZONE: $1,800,000 over 4y, 3.9% of budgetFIRST NATIONS DEVELOPMENT INSTITUTE: $1,750,000 over 3y, 2.1% of budgetPOLICYLINK: $1,700,000 over 3y, 0.9% of budgetPILLSBURY UNITED COMMUNITIES: $1,672,800 over 6y, 7.4% of budgetCOMMON FUTURE: $1,500,000 over 3y, 9.4% of budgetNEW VENTURE FUND: $1,500,000 over 1y, 0.1% of budgetMinnesota Black Collective Foundation: $1,500,000 over 1y, 53% of budgetAGORA PARTNERSHIPS: $1,475,320 over 2y, 71% of budgetPROSPERITY NOW: $1,450,000 over 3y, 2.2% of budgetEARN INC: $1,375,000 over 5y, 7.2% of budgetNEIGHBORHOOD TRUST FINANCIAL PARTNERS INC: $1,375,000 over 5y, 7.6% of budgetFINANCIAL HEALTH NETWORK INC: $1,240,000 over 4y, 3.7% of budgetMISSION ASSET FUND: $1,200,000 over 4y, 2.8% of budgetMassachusetts Institute of Technology: $1,200,000 over 1y, 0.0% of budgetGREATER TWIN CITIES UNITED WAY: $1,190,000 over 6y, 1.0% of budgetLOCAL INITIATIVES SUPPORT CORPORATION: $1,150,000 over 6y, 0.1% of budgetNATIONAL ASSOCIATION FOR LATINO COMMUNITY ASSET BUILDERS: $1,100,000 over 3y, 4.1% of budgetNational Coalition for Asian Pacific American Community Development: $1,100,000 over 3y, 5.9% of budgetBuild Wealth MN Inc: $1,075,000 over 6y, 5.6% of budgetHOPE COMMUNITY INC: $1,018,600 over 6y, 6.8% of budgetPROJECT FOR PRIDE IN LIVING INC: $1,016,000 over 6y, 1.3% of budgetYouthprise: $1,000,000 over 5y, 2.7% of budgetPRO MUJER INC: $1,000,000 over 1y, 1.3% of budgetNORTHSIDE ECONOMIC OPPORTUNITY NETWORK: $950,000 over 5y, 4.5% of budgetNEIGHBORHOOD DEVELOPMENT CENTER INC: $925,000 over 6y, 2.5% of budgetASHOKA: $894,000 over 3y, 0.8% of budgetEMERGE COMMUNITY DEVELOPMENT: $885,000 over 6y, 3.9% of budgetSPRINGBOARD FOR THE ARTS: $875,000 over 6y, 6.2% of budgetPROPEL NONPROFITS: $855,000 over 5y, 5.9% of budgetSERVEMINNESOTA: $850,000 over 3y, 1.2% of budgetAEON: $835,200 over 6y, 0.9% of budgetAMERICAN INDIAN OIC: $824,000 over 5y, 6.3% of budgetNEST INC: $805,288 over 1y, 14% of budgetINCLUSIV INC: $800,000 over 3y, 1.7% of budgetCAPI USA: $778,080 over 6y, 3.0% of budgetCOMMUNIDADES LATINAS UNIDAS EN SERVICO INC: $775,000 over 5y, 1.3% of budgetUJAMAA PLACE: $750,000 over 5y, 6.7% of budgetROCKEFELLER PHILANTHROPY ADVISORS INC: $750,000 over 2y, 0.1% of budgetFII - NATIONAL: $750,000 over 2y, 2.7% of budgetBlack Innovation Alliance: $700,000 over 1y, 13% 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.

The McKnight Foundati…Fr Bigelow FoundationOtto Bremer TrustGreater Twin Cities U…Saint Paul & Minnesot…Pohlad Family Foundat…The Minneapolis Found…Northwest Area Founda…Mortenson Family Foun…The Bush FoundationPatrick and Aimee But…Hardenbergh Foundation
The McKnight FoundationMN217.5× affinity152 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The McKnight Foundation · Fr Bigelow Foundation · Otto Bremer Trust · Greater Twin Cities United Way · Saint Paul & Minnesota Foundation · Pohlad Family Foundation · The Minneapolis Foundation · Northwest Area Foundation · Mortenson Family Foundation · The Bush Foundation · Patrick and Aimee Butler Family · Hardenbergh Foundation

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

2024
’20’21’22’23’24’25
no gov · 60%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 35%
  • Massachusetts Institute of Technology: 35% of income from government
  • Third Sector New England Inc: 3% of income from government
no gov moneyreceives it· size = income
6get no government money at all
73report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
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 Target Foundation?

Find your warmest path to Target Foundation 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 367 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 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Target’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