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The Alphadyne Foundation at a glanceAlso receives grants: funding profile →

· Private foundation

The Alphadyne Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$2.1M
Granted FY2024still arriving
34
Grants FY2024still arriving
7
States reached
$500k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0197% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Arts & Culture$6.4MPhilanthropy$3.8MCommunity Improvement$3.0MEmployment$1.9MFood & Nutrition$1.6MHuman Services$750kHousing & Shelter$720kHealth$650kOther$0
02FY2024 · 34 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k2 grants · $10k
  • $10k–50k20 grants · $418k
  • $50k–250k10 grants · $875k
  • $250k+2 grants · $834k
$25,000
Median grant
7
States reached
$17M
Total assets
Largest grants
RecipientAmount
THE BRONX FOUNDATION$500,000
ORIGINAL MUSIC WORKSHOP AKA NATIONAL SAWDUST$333,600
PURSUIT TRANSFORMATION COMPANY INC$150,000
LOW INCOME INVESTMENT FUND$120,000
NEW YORK SHAKESPEARE FESTIVAL DBA THE PUBLIC THEATER$100,000
THE HOPE PROGRAM$100,000
HARLEM ENTREPRENEURIAL FUND$100,000
AMERICAN FRIENDS OF KESHET EILON INC$75,000
NORTH SHORE MUSIC ALLIANCE NFP$75,000
MUSICA MUNDI SCHOOL$55,000
KAUFMAN MUSIC CENTER$50,000
KAATSBAAN INTERNATIONAL DANCE CENTER INC$50,000
CELLOBELLO$38,000
BARYSHNIKOV ARTS CENTER INC$25,000
VISIONINTOART$25,000
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 (FY20–21, $775k) land where the poverty rate runs at 17%, 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%HOT BREAD KITCHEN: $25k → 20%HENRY STREET SETTLEMENT: $750k → 17%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

MN
IL
NY
MA
IN
PA
CT
RI
CA
CO
VA
DC
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.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 29% of The Alphadyne Foundation’s grant dollars are earmarked for a different county than the recipient’s own address. By recipient address, 82% of the giving stays in NY; by stated purpose, 67%.

The Alphadyne Foundationlessmore of its giving
Placed by recipient address · 6.4% directed abroad (not shown)
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

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

60%of every dollar goes to organizations it has funded before.
$9.6M · 24 repeat orgs$6.5M to everyone else

24 repeat relationships: 15 still active in FY2024, 9 since wound down; 18 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

24
23

Total granted

$9.6M
$5.6M

Median revenue growth · since first grant

+11%
+20%

Still filing today

88%
57%

New vs renewed · share of each year

In FY2024, 51% of grant dollars renewed an existing relationship; $804k went to new ones.

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

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

’20’21’22’23’24
Arts & CultureEducationHuman ServicesHousing & ShelterEmploymentHealthOther
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

  • PT
    PURSUIT TRANSFORMATION COMPANY INC
    3× · 2020–2024 · $1.2M · revenue +38%
  • EK
    ELAINE KAUFMAN CULTURAL CENTER LUCY MOSES SCHOOL FOR MUSIC AND DANCE
    3× · 2021–2024 · $927k · revenue +28%
  • LI
    LOW INCOME INVESTMENT FUND
    3× · 2021–2024 · $720k · revenue +45%

Funded once

  • TW
    THE WORKERS LAB
    one grant, 2020 · $800k
  • HS
    HENRY STREET SETTLEMENT
    one grant, 2021 · $750k · revenue +1%
  • VH
    VITAL HEALTHCARE CAPITALgraduated
    one grant, 2021 · $625k · revenue +116% · 39% of their budget
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
Manhattan School of Music

Manhattan school of music is deeply committed to excellence in education, performance, and creative activity; to the humanity of the school's environment; and to the cultural enrichment of the larger community. a premiere international…

Arts & Culture
2
Foundation for Modern Opera
—
3
American Chamber Ensemble Inc

The American Chamber Ensemble is a consortium of distinguished musicians whose concerts explore the music for piano with strings, woodwinds and/or voice, presenting both great standard repertoire and living American composers.

—
4
The Diller-Quaile School of Music Inc

For more than a century, diller-quaile has offered an environment where music can flourish in all its aspects, enriching the lives of students of all ages and cultural backgrounds. the belief that music is a fundamental part of human life…

Arts & Culture
5
San Francisco Opera Association

We believe opera is a uniquely compelling, entertaining and emotionally thrilling art form. our mission is to bring together growing audiences to experience opera's transformative power.

Arts & Culture
6
The New York Festival of Song Inc

NYFOS is dedicated to creating intimate song concerts of great beauty and originality, weaving music, poetry, history and humor into unforgettable evenings of compelling theater, entertaining, educating and creating community among…

—
7
Lyrica Baroque

The mission of lyrica baroque is to support a diverse community of students, teachers, artists, institutions and audiences of all ages through education, collaboration and performance. lyrica baroque seeks to promote the extraordinary…

Arts & Culture
8
Cantata Profana Inc

Cantata Profana, Inc. (www.cantataprofana.com) is a vocal and instrumental chamber ensemble that presents concerts of classical and chamber music ranging from the Baroque to modern eras with a unique narrative style. Our purpose is to…

Arts & Culture
9
New World Symphony Inc

Prepares gifted graduates of prestigious music programs for successful careers in orchestras and ensembles.

Education
10
Orpheus Chamber Orchestra Inc

See schedule oorpheus chamber orchestra creates extraordinary musical experiences that enrich lives and empower individuals through collaboration, education, innovation, and a passion for artistic excellence. orpheus strives to be the…

Arts & Culture
11
Vanguard Concerts
—
12
New York City Ballet Inc

Perform, promote and sustain classical ballet.

Arts & Culture
How this is measured
The grantee most central to the portfolio’s shape is The Carnegie Hall Corporation; the most unlike its peers is Hot Bread Kitchen Ltd. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

47 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. 47 of the 68 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.

5
Load-bearing (≥25% of a budget)
9
Early backer (in before they grew)
47/47
Grantees still filing
27/47
Grew since first funded

Where the money sits, by cause and then by grantee

RETHINK FOOD NYCINC: $1,650,000 · OtherRETHINK FOOD NYCINCTHE WORKERS LAB: $800,000 · OtherTHE WORKERS LABIndividual grant recipient: $675,000 · OtherIndividual grant recipientBOC CAPITAL CORP: $600,000 · OtherBOC CAPITAL CORPACCOMPANY CAPITAL (FKA BUSINESS CENTER FOR NEW AMERICANS): $600,000 · OtherACCOMPANY CAPITAL (FKA BUSINESS CENTER FOR N…ORIGINAL MUSIC WORKSHOP AKA NATIONAL SAWDUST: $333,600 · OtherCHAMBER MUSIC INTERNATIONAL FOR THE VIOLIN CHANNEL: $280,800 · OtherRENAISSANCE ECONOMIC DEVELOPMENT CORPORATION: $625,000 · OtherRENAISSANCE ECONOMIC DEVELOPMENT CORPORATIONVITAL HEALTHCARE CAPITAL: $625,000 · OtherVITAL HEALTHCARE CAPITAL+21 more: $1,649,800 · Other+21 moreTHE BRONX COMMUNITY FOUNDATION INC: $3,800,000 · PhilanthropyTHE BRONX COMMUNITY FOU…AMERICAN FRIENDS OF KESHET EILON INC: $425,000 · PhilanthropyAMERICAN FRIENDS OF KES…ELAINE KAUFMAN CULTURAL CENTER LUCY MOSES SCHOOL FOR MUSIC AND DANCE: $927,109 · Arts & CultureELAINE KAUFMAN CULTUR…DANCE THEATRE OF HARLEM INC: $400,000 · Arts & CultureDANCE THEATRE OF HARL…THE PERLMAN MUSIC PROGRAM INC: $345,000 · Arts & CultureTHE PERLMAN MUSIC PRO…BALLETX: $339,500 · Arts & CultureBALLETXThe Chamber Music Society of Lincoln Center Inc: $325,000 · Arts & CultureThe Chamber Music Soc…NEW YORK SHAKESPEARE FESTIVAL: $300,000 · Arts & CultureNEW YORK SHAKESPEARE …KAATSBAAN INTERNATIONAL DANCE CENTER INC: $300,000 · Arts & CultureKAATSBAAN INTERNATION…+22 more: $936,418 · Arts & Culture+22 morePURSUIT TRANSFORMATION COMPANY INC: $1,175,000 · EducationPURSUIT TR…LEADERSHIP ROUNDTABLE INC: $400,000 · EducationLEADERSHIP…BROOKLYN KINDERGARTEN SOCIETY: $250,000 · EducationBROOKLYN K…HENRY STREET SETTLEMENT: $750,000 · Human Services+1 more: $25,000 · Human ServicesLOW INCOME INVESTMENT FUND: $720,000 · Housing & ShelterTHE HOPE PROGRAM INC: $700,000 · Employment
Other$7,839,200Philanthropy$4,225,000Arts & Culture$3,873,027Education$1,825,000Human Services$775,000Housing & Shelter$720,000Employment$700,000

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 budgetTHE BRONX COMMUNITY FOUNDATION INC: $3,800,000 over 4y, 24% of budgetPURSUIT TRANSFORMATION COMPANY INC: $1,175,000 over 3y, 7.3% of budgetELAINE KAUFMAN CULTURAL CENTER LUCY MOSES SCHOOL FOR MUSIC AND DANCE: $927,109 over 3y, 9.9% of budgetHENRY STREET SETTLEMENT: $750,000 over 1y, 1.5% of budgetLOW INCOME INVESTMENT FUND: $720,000 over 3y, 0.6% of budgetTHE HOPE PROGRAM INC: $700,000 over 3y, 6.9% of budgetVITAL HEALTHCARE CAPITAL: $625,000 over 1y, 39% of budgetRENAISSANCE ECONOMIC DEVELOPMENT CORPORATION: $625,000 over 1y, 11% of budgetBOC CAPITAL CORP: $600,000 over 1y, 18% of budgetAMERICAN FRIENDS OF KESHET EILON INC: $425,000 over 3y, 36% of budgetDANCE THEATRE OF HARLEM INC: $400,000 over 4y, 3.7% of budgetLEADERSHIP ROUNDTABLE INC: $400,000 over 3y, 11% of budgetTHE PERLMAN MUSIC PROGRAM INC: $345,000 over 2y, 6.1% of budgetBALLETX: $339,500 over 1y, 11% of budgetThe Chamber Music Society of Lincoln Center Inc: $325,000 over 3y, 0.3% of budgetNEW YORK SHAKESPEARE FESTIVAL: $300,000 over 2y, 0.4% of budgetKAATSBAAN INTERNATIONAL DANCE CENTER INC: $300,000 over 4y, 7.8% of budgetBROOKLYN KINDERGARTEN SOCIETY: $250,000 over 2y, 1.9% of budgetBARYSHNIKOV ARTS CENTER INC: $150,000 over 3y, 4.3% of budgetON SITE OPERA INC: $142,000 over 2y, 20% of budgetFROM THE TOP INC: $125,000 over 2y, 3.5% of budgetJACOB'S PILLOW DANCE FESTIVAL INC: $75,000 over 2y, 0.2% of budgetARCO COLLABORATIVE INC: $75,000 over 1y, 36% of budgetNORTH SHORE MUSIC ALLIANCE INC: $75,000 over 1y, 26% of budgetCellobello Inc: $69,000 over 2y, 12% of budgetHEIFETZ INTERNATIONAL MUSIC INSTITUTE INC: $60,000 over 3y, 1.2% of budgetMYRIAD USA INC: $60,000 over 1y, 0.1% of budgetFRACTURED ATLAS INC: $57,418 over 1y, 0.2% of budgetVAIL VALLEY FOUNDATION: $50,000 over 1y, 0.3% of budgetConcert Artists Guild Inc: $50,000 over 2y, 1.5% of budgetFRIENDS OF DRESDEN MUSIC FOUNDATION: $50,000 over 1y, 57% of budgetTHE CARNEGIE HALL CORPORATION: $50,000 over 2y, 0.0% of budgetTHE CELEBRITY SERIES OF BOSTON INC: $30,000 over 2y, 0.2% of budgetPROJECT MUSIC HEALS US INC: $25,000 over 1y, 15% of budgetNEW YORK PUBLIC RADIO: $25,000 over 1y, 0.0% of budgetEDUCATION THROUGH MUSIC INC: $25,000 over 1y, 0.3% of budgetINTERNATIONAL SEJONG SOLOISTS INC: $25,000 over 1y, 6.6% of budgetHOT BREAD KITCHEN LTD: $25,000 over 1y, 0.3% of budgetALVIN AILEY DANCE FOUNDATION INC: $25,000 over 1y, 0.1% of budgetVISION INTO ARTS PRESENTS INC: $25,000 over 1y, 4.0% of budgetThe Minnesota Opera: $25,000 over 1y, 0.2% of budgetAMERICAN FRIENDS OF THE OXFORD PHILHARMONIC ORCHESTRA INC: $25,000 over 1y, 7.7% of budgetSAN FRANCISCO CHANTICLEER INC: $20,000 over 1y, 0.8% of budgetCONCORDIA CONSERVATORY INC: $10,000 over 1y, 0.9% of budgetTHE YOUNG PEOPLE'S CHORUS OF NEW YORK CITY INC: $10,000 over 1y, 0.1% of budgetISRAELI CHAMBER PROJECT INC: $10,000 over 1y, 3.0% of budgetAMERICAN PIANO AWARDS INC: $10,000 over 1y, 0.3% 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.

Jewish Communal FundArnhold Foundation IncMid Atlantic Arts IncIbm International Fou…Opportunity Finance N…Robin Hood FoundationThe Hyde and Watson F…The New York Communit…The Aaron Copland Fun…The Fan Fox and Lesli…Ann & Gordon Getty Fo…The Howard Gilman Fou…
Jewish Communal FundNY18.2× affinity11 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Jewish Communal Fund · Arnhold Foundation Inc · Mid Atlantic Arts Inc · Ibm International Foundation · Opportunity Finance Network · Robin Hood Foundation · The Hyde and Watson Foundation · The New York Community Trust · The Aaron Copland Fund for Music Inc Co Alter Kendrick & Baron LLP · The Fan Fox and Leslie R Samuels Foundation Inc · Ann & Gordon Getty Foundation · The Howard Gilman Foundation Inc

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

2024
’20’21’22’23’24’25
no gov · 00%4%15%34%60%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 3%
  • From the Top Inc: 6% of income from government
  • The Celebrity Series of Boston Inc: 3% of income from government
  • Project Music Heals Us Inc: 2% of income from government
  • Jacob's Pillow Dance Festival Inc: 1% of income from government
no gov moneyreceives it· size = income
0get no government money at all
16report 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 The Alphadyne Foundation?

Find your warmest path to The Alphadyne 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 68 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Alphadyne’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