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The Carl C Icahn Foundation at a glance

· Private foundation

The Carl C Icahn Foundation

Its FY2019 filing reports that it accepted unsolicited grant applications.

$497k
Granted FY2019
16
Grants FY2019
3
States reached
$316k
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, FY2018 to 2019.

Philanthropy$1.0MEducation$355kArts & Culture$204kHealth$65kPublic Benefit$55kHousing & Shelter$50kYouth Development$40kAnimals$19kOther$0
02FY2019 · 16 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2019

  • Under $10k9 grants · $31k
  • $10k–50k5 grants · $100k
  • $50k–250k1 grant · $50k
  • $250k+1 grant · $316k
$5,000
Median grant
3
States reached
$25M
Total assets
Largest grants
RecipientAmount
Fordham Preparatory School$316,000
Navy Seal Foundation$50,000
Academy of Mount Saint Ursula$30,000
United States Holocaust Memorial Museum$25,000
Manhattan Institute for Policy Research Inc$25,000
Partnership for Public Service Inc$10,000
Southampton Hospital Foundation$10,000
SeriousFun Children's Network$5,000
The Fresh Air Fund$5,000
Police Athletic League$5,000
Ladies' Village Improvement Society$4,000
The Retreat Inc$4,000
Evelyn Alexander Wildlife Rescue Center Inc$2,500
Prep for Prep$2,000
The Jewish Museum$2,000
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 (FY18–19, $36k) land where the poverty rate runs at 15%, against an area that typically sits at 9%. 83% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%The Retreat Inc: $4k → 7%The Retreat: $2k → 7%Mount Sinai Health System: $30k → 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.
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.

36%of every dollar goes to organizations it has funded before.
$297k · 11 repeat orgs$527k to everyone else

11 repeat relationships: 11 still active in FY2019, 0 since wound down; 5 grantees were first funded in FY2019 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

11
10

Total granted

$297k
$152k

Median revenue growth · since first grant

+34%
+49%

Still filing today

100%
70%

New vs renewed · share of each year

In FY2019, 25% of grant dollars renewed an existing relationship; $375k went to new ones.

50%100%’18’19
RenewedFirst-time

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

’18’19
AnimalsYouth DevelopmentArts & CultureHuman ServicesHealthPhilanthropyOther
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

  • NAVY SEAL FOUNDATION INC
    2× · 2018–2019 · $150k · revenue +26%
  • MI
    MANHATTAN INSTITUTE FOR POLICY RESEARCH INC
    2× · 2018–2019 · $35k · revenue +26%
  • PA
    POLICE ATHLETIC LEAGUE INC
    2× · 2018–2019 · $30k · revenue +19%

Funded once

  • CR
    CHILDREN'S RESCUE FUNDgraduated
    one grant, 2018 · $50k · revenue +372%
  • MS
    MOUNT SINAI HEALTH SYSTEM INCgraduated
    one grant, 2018 · $30k · revenue +38%
  • UH
    US Holocaust Memorial Museum
    one grant, 2018 · $25k
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
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
2
Npr Foundation

The npr foundation ("foundation") is organized and operated exclusively for the benefit of its sole supported organization, national public radio, inc. ("npr inc."). the foundation supports npr inc. through various activities such as…

—
3
Hudson Yards Development Corporation

See schedule oto coordinate and facilitate the economic development of the hudson yards area of manhattan. this includes construction of an extension to the no. subway line, the coordination of the design and construction of certain public…

Community Improvement
4
Physician Affiliate Group of New York Pc

To provide accountable, responsive quality care with the highest degree of sensitivity to the needs of our diverse, multilingual population while fulfilling the professional and educational needs of our members.

Health
5
The Partnership for New York City Inc

(a) the development, stimulation, encouragement, improvement and promotion of the business climate in new york city; (b) the fostering of trade and commerce in new york city and the promotion of the general welfare andprosperity of new…

—
6
Eastern National

Eastern national promotes the public's understanding and support of america's national parks and other public trust partners by providing quality educational experiences, products and services.

Recreation & Sports
7
Metropolitan Jewish Health System Inc

Mjhs health system is a charitable not-for-profit established to support the activities of affiliated organizations. mjhs is built on the core values of compassion, dignity and respect, first established by the four brooklyn ladies in…

Health
8
National Public Radio Inc

National public radio, inc. ("npr") works collaboratively with member public radio station licensees ("member stations") to create a more informed public, one that is challenged and invigorated by a deeper understanding and appreciation of…

Arts & Culture
9
Natural Areas Conservancy Inc

The natural areas conservancy champions urban natural areas in new york city and across the nation through innovative research, partnerships, and advocacy. we increase the health and resilience of urban forests and wetlands, catalyze…

Environment
10
New York League of Conservation Voters

See schedule onylcv is a non-partisan policy making and political action organization that works to make environmental protection a top priority with elected officials, decision-makers and the voters by evaluating incumbent performance and…

—
11
New York Road Runners Inc

As a new york city based nonprofit, we're dedicated to transforming the health and well-being of our communities through inclusive and accessible running experiences, empowering all to achieve their potential.

—
12
New York Restoration Project

New york restoration project ("nyrp") believes that nature is a fundamental right of every new yorker. nyrp works collaboratively with residents in communities across the five boroughs to renovate gardens, restore parks, plant trees,…

Environment
How this is measured
The grantee most central to the portfolio’s shape is National Philanthropic Trust; the most unlike its peers is The American Society for the Prevention of Cruelty to Animals. 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

20 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. 20 of the 27 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)
3
Early backer (in before they grew)
20/20
Grantees still filing
17/20
Grew since first funded

Where the money sits, by cause and then by grantee

NATIONAL PHILANTHROPIC TRUST: $1,000,000 · PhilanthropyNATIONAL PHILANTHROPIC TRUSTCHILDREN'S RESCUE FUND: $50,000 · PhilanthropyFORDHAM PREPARATORY SCHOOL: $316,000 · OtherFORDHAM PREPARATORY SCHOOLACADEMY OF MOUNT SAINT URSULA: $30,000 · OtherACADEMY OF MOUNT SAINT URSULAUnited States Holocaust Memorial Museum: $25,000 · OtherUS Holocaust Memorial Museum: $25,000 · OtherPARTNERSHIP FOR PUBLIC SERVICE INC: $20,000 · Other+10 more: $58,000 · Other+10 moreNAVY SEAL FOUNDATION INC: $150,000 · Arts & CultureNAVY SEAL…+1 more: $4,000 · Arts & CulturePOLICE ATHLETIC LEAGUE INC: $30,000 · Youth DevelopmentGREATER NEW YORK COUNCILS BOY SCOUTS OF AMERICA: $10,000 · Youth DevelopmentHUNTS POINT ALLIANCE FOR CHILDREN: $5,000 · Youth DevelopmentMOUNT SINAI HEALTH SYSTEM INC: $30,000 · Human ServicesRetreat Inc: $6,000 · Human ServicesMANHATTAN INSTITUTE FOR POLICY RESEARCH INC: $35,000 · Public BenefitTHE SOUTHAMPTON HOSPITAL FOUNDATION INC: $20,000 · HealthSERIOUSFUN CHILDREN'S NETWORK: $10,000 · Health
Philanthropy$1,050,000Other$474,000Arts & Culture$154,000Youth Development$45,000Human Services$36,000Public Benefit$35,000Health$30,000

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

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetNATIONAL PHILANTHROPIC TRUST: $1,000,000 over 1y, 0.0% of budgetNAVY SEAL FOUNDATION INC: $150,000 over 2y, 0.3% of budgetCHILDREN'S RESCUE FUND: $50,000 over 1y, 0.2% of budgetMANHATTAN INSTITUTE FOR POLICY RESEARCH INC: $35,000 over 2y, 0.2% of budgetMOUNT SINAI HEALTH SYSTEM INC: $30,000 over 1y, 0.1% of budgetPOLICE ATHLETIC LEAGUE INC: $30,000 over 2y, 0.1% of budgetTHE SOUTHAMPTON HOSPITAL FOUNDATION INC: $20,000 over 2y, 0.1% of budgetPARTNERSHIP FOR PUBLIC SERVICE INC: $20,000 over 2y, 0.1% of budgetSERIOUSFUN CHILDREN'S NETWORK: $10,000 over 2y, 0.0% of budgetFRESH AIR FUND: $10,000 over 2y, 0.0% of budgetGREATER NEW YORK COUNCILS BOY SCOUTS OF AMERICA: $10,000 over 1y, 0.1% of budgetANIMAL RESCUE FUND OF THE HAMPTONS INC: $10,000 over 1y, 0.3% of budgetRetreat Inc: $6,000 over 2y, 0.1% of budgetTHE AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS: $6,000 over 1y, 0.0% of budgetTHE JEWISH MUSEUM: $4,000 over 2y, 0.0% of budgetPREP FOR PREP: $4,000 over 2y, 0.0% of budgetEvelyn Alexander Wildlife Rescue Center Inc: $2,500 over 1y, 0.3% of budgetHARLEM JUNIOR TENNIS AND EDUCATION PROGRAM INC: $1,000 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.

The New York Communit…Jewish Communal FundThe Carl C Icahn Foun…The Goldman Sachs Cha…Jpmorgan Chase Founda…Morgan Stanley Global…National Philanthropi…Gs Donor Advised Phil…Vanguard Charitable E…Network for GoodDonor Advised Charita…The Bank of America C…
The New York Community TrustNY17.2× affinity6 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The New York Community Trust · Jewish Communal Fund · The Carl C Icahn Foundation (Fka Fndtn for a Greater Opportunity) · The Goldman Sachs Charitable Gift Fund · Jpmorgan Chase Foundation · Morgan Stanley Global Impact Funding Trust Inc · National Philanthropic Trust · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · Vanguard Charitable Endowment Program · Network for Good · Donor Advised Charitable Giving Inc · The Bank of America Charitable 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 Carl C Icahn Foundation funds: left to right is the share of its income from government, bottom to top the share from The Carl C Icahn Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%0%1%3%5%funder's share of their income ↑0%13%25%38%50%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    5report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–50%
    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 Carl C Icahn Foundation?

    Find your warmest path to The Carl C Icahn 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 27 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 2019, released 2019. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Carl C Icahn’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