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Tbd Foundation at a glance

· Private foundation

Tbd Foundation

Its FY2025 filing reports that it accepted unsolicited grant applications.

$681k
Granted FY2025still arriving
29
Grants FY2025still arriving
6
States reached
$252k
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 2025.

Arts & Culture$1.2MCivil Rights$553kPhilanthropy$401kEmployment$174kHealth$170kCommunity Improvement$146kPublic Benefit$130kInternational$95kOther$0
02FY2025 · 29 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k17 grants · $31k
  • $10k–50k9 grants · $146k
  • $50k–250k2 grants · $252k
  • $250k+1 grant · $252k
$2,500
Median grant
6
States reached
$3.9M
Total assets
Largest grants
RecipientAmount
AMERICAN JEWISH COMMITTEE$252,000
ISABELLA STEWART GARDENER MUSEUM$175,000
BOSTON SYMPHONY ORCHESTRA$77,000
COMBINED JEWISH PHILANTHROPIES$35,000
KELLOGG SCHOOL OF MANAGEMENT$23,000
INSTITUTE FOR NONPROFIT PRACTICE$22,000
TUFTS MEDICAL CENTER$15,000
SHARE OUR STRENGTH$11,000
PROTECT DEMOCRACY PROJECT$10,000
HEBREW SENIOR LIFE$10,000
AMERICAN FRIENDS OF IDC$10,000
VET VOICE FOUNDATION$10,000
BOWDOIN COLLEGE$5,000
MUSEUM OF SCIENCE$3,500
THE JEWISH FEDERATIONS OF NORTH AMERICA$2,500
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 (FY19–25, $146k) land where the poverty rate runs at 16%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%INSTITUTE FOR NONPROFIT PRACTICE: $42k → 16%INSTITUTE FOR NONPROFIT PRACTICE: $32k → 16%INSTITUTE FOR NONPROFIT PRACTICE: $22k → 16%INSTITUTE FOR NONPROFIT PRACTICE: $15k → 16%INSTITUTE FOR NONPROFIT PRACTICE: $15k → 16%INSTITUTE FOR NONPROFIT PRACTICE: $15k → 16%INSTITUTE FOR NONPROFIT PRACTICE: $5k → 16%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.
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.

98%of every dollar goes to organizations it has funded before.
$2.8M · 24 repeat orgs$44k to everyone else

24 repeat relationships: 18 still active in FY2025, 6 since wound down; 7 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

24
7

Total granted

$2.8M
$34k

Median revenue growth · since first grant

+38%
+38%

Still filing today

71%
71%

New vs renewed · share of each year

In FY2025, 98% of grant dollars renewed an existing relationship; $11k 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
Arts & CultureCivil RightsEducationInternationalYouth DevelopmentPhilanthropyOther
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

  • BS
    BOSTON SYMPHONY ORCHESTRA INC
    8× · 2018–2025 · $832k · revenue +6%
  • AMERICAN JEWISH COMMITTEE
    9× · 2017–2025 · $530k · revenue +116%
  • ISABELLA STEWART GARDNER MUSEUM INC
    5× · 2021–2025 · $350k · revenue +28%

Funded once

  • CK
    CONGREGATION KEHILLATH ISRAEL
    one grant, 2018 · $8k
  • 9S
    92 STREET Y
    one grant, 2020 · $5k
  • TG
    THE GARDNER MUSEUM INCgraduated
    one grant, 2019 · $5k · revenue +38%
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
Boston Architectural College

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

—
2
Trustees of Boston College

Mission strengthened by more than a century and a half of dedication to academic excellence, boston college commits itself to the highest standards of teaching and research in undergraduate, graduate and professional programs and to the…

Education
3
Trustees of Boston University

Organization's mission: boston university is an international, comprehensive, private research university, committed to educating students to be reflective, resourceful individuals ready to live, adapt, and lead in an interconnected world.…

—
4
Bentley University

Organization's mission bentley university believes good business can impact more than the bottom line - it can change the world. bentley is a community of future business leaders who will deliver value in the marketplace and lasting…

Education
5
Bar Ilan University in Israel Inc

Biu produces students who excel in the sciences, humanities, law, engineering, business & the arts.

—
6
Western New England University

Western new england university, a comprehensive private institution with a tradition of excellence in teaching and scholarship and a commitment to service, awards undergraduate, master's, and doctoral degrees in various departments from…

Education
7
Trustees of Tufts College

Education and Research

Education
8
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
9
Manhattanville University

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

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
Trustees of Dartmouth College

Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.

Education
12
Columbia College Chicago

The organization's mission is to educate students for creative occupations in diverse fields of arts and media.

Education
How this is measured
The grantee most central to the portfolio’s shape is The Childrens Museum; the most unlike its peers is Boston Symphony Orchestra 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

32 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. 32 of the 43 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)
5
Early backer (in before they grew)
32/32
Grantees still filing
19/32
Grew since first funded

Where the money sits, by cause and then by grantee

BOSTON SYMPHONY ORCHESTRA INC: $831,682 · Arts & CultureBOSTON SYMPHONY ORCHESTRA INCISABELLA STEWART GARDNER MUSEUM INC: $350,000 · Arts & CultureISABELLA STEWART GARDNER MUSEUM INC+6 more: $42,000 · Arts & CultureAMERICAN JEWISH COMMITTEE: $530,400 · Civil RightsAMERICAN JEWISH COMMITTE…PROTECT DEMOCRACY PROJECT: $90,000 · Civil RightsPROTECT DEMOCRACY PROJEC…VET VOICE FOUNDATION INC: $40,000 · Civil RightsVET VOICE FOUNDATION INC+1 more: $22,500 · Civil RightsKELLOGG SCHOOL OF MANAGEMENT: $172,300 · OtherKELLOGG SCHOOL OF …TUFTS MEDICAL CENTER: $130,000 · OtherTUFTS MEDICAL CENT…SHARE OUR STRENGTH: $80,725 · OtherSHARE OUR STRENGTHMOUNT SINAI: $24,000 · OtherBOYS & GIRLS CLUBS OF BOSTON INC: $33,475 · OtherBOYS & GIRLS CLUBS…+13 more: $80,900 · Other+13 moreCombined Jewish Philanthropies of Greater Boston Inc: $211,000 · PhilanthropyCombined Jewis…Hebrew Senior Life Inc: $170,000 · PhilanthropyHebrew Senior …+1 more: $10,000 · PhilanthropyINSTITUTE FOR NONPROFIT PRACTICE INC: $145,600 · Human ServicesAMERICAN FRIENDS OF REICHMAN UNIVERSITY INC: $90,000 · International+2 more: $4,500 · InternationalBowdoin College: $30,000 · EducationTHE MARANYUNDO INITIATIVE INC: $15,500 · EducationPresident and Fellows of Harvard College: $12,000 · EducationBELMONT HILL SCHOOL INC: $8,500 · EducationEMERSON COLLEGE: $5,000 · EducationMassachusetts Institute of Technology: $3,500 · Education
Arts & Culture$1,223,682Civil Rights$682,900Other$521,400Philanthropy$391,000Human Services$145,600International$94,500Education$74,500

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 budgetBOSTON SYMPHONY ORCHESTRA INC: $831,682 over 8y, 0.4% of budgetAMERICAN JEWISH COMMITTEE: $530,400 over 9y, 0.1% of budgetISABELLA STEWART GARDNER MUSEUM INC: $350,000 over 5y, 0.6% of budgetCombined Jewish Philanthropies of Greater Boston Inc: $211,000 over 9y, 0.0% of budgetHebrew Senior Life Inc: $170,000 over 9y, 0.1% of budgetINSTITUTE FOR NONPROFIT PRACTICE INC: $145,600 over 7y, 0.7% of budgetAMERICAN FRIENDS OF REICHMAN UNIVERSITY INC: $90,000 over 9y, 0.1% of budgetPROTECT DEMOCRACY PROJECT: $90,000 over 6y, 0.1% of budgetVET VOICE FOUNDATION INC: $40,000 over 3y, 0.5% of budgetBOYS & GIRLS CLUBS OF BOSTON INC: $33,475 over 8y, 0.0% of budgetBowdoin College: $30,000 over 6y, 0.0% of budgetREHEARSAL FOR LIFE INC: $25,000 over 3y, 0.8% of budgetTHE CENTER FOR REPRODUCTIVE RIGHTS INC: $22,500 over 5y, 0.0% of budgetTHE MARANYUNDO INITIATIVE INC: $15,500 over 5y, 0.7% of budgetREBUILDING TOGETHER NYC: $13,225 over 4y, 0.2% of budgetPresident and Fellows of Harvard College: $12,000 over 6y, 0.0% of budgetTHE JEWISH FEDERATIONS OF NORTH AMERICA INC: $10,000 over 4y, 0.0% of budgetNEW VENTURE FUND: $10,000 over 1y, 0.0% of budgetBELMONT HILL SCHOOL INC: $8,500 over 6y, 0.0% of budgetTHE GARDNER MUSEUM INC: $5,000 over 1y, 8.5% of budgetSHAKESPEARE & COMPANY INC: $5,000 over 1y, 0.1% of budgetEMERSON COLLEGE: $5,000 over 1y, 0.0% of budgetTHE LOWER EAST SIDE GIRLS CLUB OF NEW YORK INC: $3,875 over 1y, 0.1% of budgetMassachusetts Institute of Technology: $3,500 over 2y, 0.0% of budgetMUSEUM OF SCIENCE: $3,500 over 1y, 0.0% of budgetCOMMUNITY MUSIC CENTER OF BOSTON INC: $2,500 over 1y, 0.1% of budgetTHE ADVENTURE PROJECT CORP: $2,000 over 2y, 0.1% of budgetJEWISH VOCATIONAL SERVICE INC: $2,000 over 2y, 0.0% of budgetMASSACHUSETTS AUDUBON SOCIETY INC: $1,000 over 1y, 0.0% of budgetTHE CHILDRENS MUSEUM: $1,000 over 1y, 0.0% 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.

  • Who funds BOSTON SYMPHONY ORCHESTRA INC ↗
  • Who funds AMERICAN JEWISH COMMITTEE ↗
  • Who funds ISABELLA STEWART GARDNER MUSEUM INC ↗
  • Who funds Combined Jewish Philanthropies of Greater Boston Inc ↗
  • Who funds Hebrew Senior Life Inc ↗
  • Who funds INSTITUTE FOR NONPROFIT PRACTICE INC ↗
  • Who funds AMERICAN FRIENDS OF REICHMAN UNIVERSITY INC ↗
  • Who funds PROTECT DEMOCRACY PROJECT ↗
  • Who funds VET VOICE FOUNDATION INC ↗
  • Who funds BOYS & GIRLS CLUBS OF BOSTON INC ↗
  • Who funds Bowdoin College ↗
  • Who funds REHEARSAL FOR LIFE INC ↗
  • Who funds THE CENTER FOR REPRODUCTIVE RIGHTS INC ↗
  • Who funds THE MARANYUNDO INITIATIVE INC ↗
  • Who funds REBUILDING TOGETHER NYC ↗
  • Who funds President and Fellows of Harvard College ↗
  • Who funds THE JEWISH FEDERATIONS OF NORTH AMERICA INC ↗
  • Who funds NEW VENTURE FUND ↗
  • Who funds BELMONT HILL SCHOOL INC ↗
  • Who funds THE GARDNER MUSEUM INC ↗
  • Who funds SHAKESPEARE & COMPANY INC ↗
  • Who funds EMERSON COLLEGE ↗
  • Who funds THE LOWER EAST SIDE GIRLS CLUB OF NEW YORK INC ↗
  • Who funds Massachusetts Institute of Technology ↗
  • Who funds MUSEUM OF SCIENCE ↗
  • Who funds COMMUNITY MUSIC CENTER OF BOSTON INC ↗
  • Who funds HUMANITY RISES INC ↗
  • Who funds THE ADVENTURE PROJECT CORP ↗
  • Who funds JEWISH VOCATIONAL SERVICE INC ↗
  • Who funds MASSACHUSETTS AUDUBON SOCIETY INC ↗
  • Who funds THE CHILDRENS MUSEUM ↗

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.

Boston Foundation IncCombined Jewish Phila…Liberty Mutual Founda…Eastern Bank Foundati…Riley Mabel Louise Tr…State Street Foundati…Highland Street Conne…Barr FoundationCummings Foundation G…Charities Aid Foundat…Jewish Communal FundVanguard Charitable E…
Boston Foundation IncMA21.7× affinity9 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Boston Foundation Inc · Combined Jewish Philanthropies of Greater Boston Inc · Liberty Mutual Foundation Inc · Eastern Bank Foundation · Riley Mabel Louise Tr Uwill · State Street Foundation Inc · Highland Street Connection and Subsidiaries · Barr Foundation · Cummings Foundation Grants Inc (Fka Oneworld Boston Inc) · Charities Aid Foundation America · Jewish Communal Fund · Vanguard Charitable Endowment Program

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

2024
’20’21’22’23’24’25
no gov · 70%0%1%3%5%funder's share of their income ↑0%23%45%68%90%share of the org’s income from government →median 1%
  • The Maranyundo Initiative Inc: 85% of income from government
  • Jewish Vocational Service Inc: 39% of income from government
  • Massachusetts Institute of Technology: 35% of income from government
  • Rehearsal for Life Inc: 11% of income from government
  • President and Fellows of Harvard College: 7% of income from government
  • Boys & Girls Clubs of Boston Inc: 2% of income from government
  • The Childrens Museum: 1% of income from government
  • Massachusetts Audubon Society Inc: 1% of income from government
  • Shakespeare & Company Inc: 1% of income from government
  • Community Music Center of Boston Inc: 1% of income from government
  • Boston Symphony Orchestra Inc: 0% of income from government
  • Museum of Science: 0% of income from government
  • Hebrew Senior Life Inc: 0% of income from government
  • Emerson College: 0% of income from government
no gov moneyreceives it· size = income
7get no government money at all
3report government grants on their 990 we could not trace to a source (not plotted)
1rely on government for over half their income
⤢ axis zoomed · 0–90%
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 43 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 Tbd’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