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· Private foundation

The Carl C Icahn Foundation (Fka Fndtn for a Greater Opportunity)

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.

$4.4M
Granted FY2024still arriving
14
Grants FY2024still arriving
3
States reached
$4.0M
Largest
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 2024.

Animals$4.3MPhilanthropy$2.7MEducation$717kHealth$643kPublic Safety & Disaster$350kEnvironment$250kYouth Development$175kRecreation & Sports$34kOther$0
02FY2024 · 14 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k7 grants · $27k
  • $10k–50k3 grants · $53k
  • $50k–250k3 grants · $290k
  • $250k+1 grant · $4.0M
$12,150
Median grant
3
States reached
$138M
Total assets
Largest grants
RecipientAmount
IPAW INC$4,000,000
FORDHAM PREPARATORY SCHOOL$110,000
UNIVERSITY OF MIAMI$100,000
THE ICAHN MEDICAL RESEARCH FOUNDATION$80,000
ACADEMY OF MOUNT ST URSULA$25,600
RYE COUNTRY DAY SCHOOL$15,153
DOMINICAN ACADEMY OF THE CITY OF NEW YORK$12,150
ST CATHARINE ACADEMY$8,000
ST RAYMOND ACADEMY$7,400
BREAST CANCER RESEARCH FOUNDATION$5,000
THE TAFT SCHOOL$2,525
THE FRESH AIR FUND$2,500
NEW YORK SCHOOL OF INTERIOR DESIGN$1,000
LOYOLA SCHOOL$480
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 (FY22–22, $2k) land where the poverty rate runs at 7%, against an area that typically sits at 12%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 12%THE RETREAT INC: $2k → 7%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

NY
PA
NJ
CT
KY
VA
DC
LA
FL
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.

53%of every dollar goes to organizations it has funded before.
$4.9M · 14 repeat orgs$4.3M to everyone else

Grantees it renews have grown median revenue +59% since the first grant, against +13% for those funded once.

14 repeat relationships: 11 still active in FY2024, 3 since wound down; 3 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

14
20

Total granted

$4.9M
$4.1M

Median revenue growth · since first grant

+59%
+13%

Still filing today

50%
70%

New vs renewed · share of each year

In FY2024, 96% of grant dollars renewed an existing relationship; $181k 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
EducationHealthAnimalsRecreation & SportsPhilanthropyHuman ServicesOther
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

  • RC
    RYE COUNTRY DAY SCHOOL
    2× · 2023–2024 · $30k · revenue +18%
  • TS
    THE SOUTHAMPTON HOSPITAL FOUNDATION INC
    3× · 2021–2023 · $30k · revenue +215%
  • PF
    PARTNERSHIP FOR PUBLIC SERVICE INC
    3× · 2021–2023 · $30k · revenue +31%

Funded once

  • RH
    ROBIN HOOD FOUNDATION
    one grant, 2020 · $2.7M · revenue -10%
  • UO
    UNIVERSITY OF MIAMI - MILLER SCHOOL OF MEDICINE
    one grant, 2022 · $500k
  • CC
    CAESARS CARES FUND (OPERATES UNDER LIFEBOAT INC)
    one grant, 2020 · $350k
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
Manhattanville University

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

Education
2
Institute for Advanced Study - Louis Bamberger & Mrs Felix Fuld Foundation

The institute for advanced study (the institute) is one of the world's leading centers for theoretical research and intellectual inquiry. see schedule o.

Science & Tech
3
Stony Brook Internists University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
4
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
5
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
6
Stony Brook Surgical Associates University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
7
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
8
Boston Architectural College

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

—
9
Stony Brook Ophthalmology University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
10
Stony Brook Urology University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
11
Neurology Associates of Stony Brook University Faculty Practice Corp

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
12
Manhattan University

Manhattan university is an independent catholic instituion of higher learning that embraces qualified men and women of all faiths, cultures, and traditions. the mission of manhattan university is to provide a contemporary, person-centered…

Education
How this is measured
The grantee most central to the portfolio’s shape is The Taft School Corporation; the most unlike its peers is Ipaw 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

25 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. 25 of the 38 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.

1
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
25/25
Grantees still filing
18/25
Grew since first funded

Where the money sits, by cause and then by grantee

IPAW INC: $4,250,000 · AnimalsIPAW INC+1 more: $5,000 · AnimalsROBIN HOOD FOUNDATION: $2,700,000 · PhilanthropyROBIN HOOD FOUNDATION+1 more: $30,000 · PhilanthropyUNIVERSITY OF MIAMI - MILLER SCHOOL OF MEDICINE: $500,000 · OtherUNIVERSITY OF MIAMI …CAESARS CARES FUND (OPERATES UNDER LIFEBOAT INC): $350,000 · OtherCAESARS CARES FUND (…FORDHAM PREPARATORY SCHOOL: $300,500 · OtherFORDHAM PREPARATORY …WHITE COAT WASTE PROJECT: $250,000 · OtherWHITE COAT WASTE PRO…ACADEMY OF MOUNT SAINT URSULA: $99,340 · OtherACADEMY OF MOUNT SAI…DOMINICAN ACADEMY OF THE CITY OF NEW YORK: $63,200 · Other+15 more: $137,075 · Other+15 moreUniversity of Miami: $100,000 · EducationNew York University: $50,000 · EducationRYE COUNTRY DAY SCHOOL: $30,306 · EducationEMMA WILLARD SCHOOL: $25,000 · EducationCenter for Educational Innovation Inc: $10,000 · Education+3 more: $6,775 · EducationBOYS & GIRLS CLUB OF ATLANTIC CITY INC: $175,000 · Youth DevelopmentTHE ICAHN MEDICAL RESEARCH FOUNDATION: $80,000 · HealthTHE SOUTHAMPTON HOSPITAL FOUNDATION INC: $30,000 · HealthTHE MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH: $5,000 · HealthPARTNERSHIP FOR PUBLIC SERVICE INC: $30,000 · Employment
Animals$4,255,000Philanthropy$2,730,000Other$1,700,115Education$222,081Youth Development$175,000Health$115,000Employment$30,000

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 budgetIPAW INC: $4,250,000 over 2y, 100% of budgetROBIN HOOD FOUNDATION: $2,700,000 over 1y, 1.3% of budgetBOYS & GIRLS CLUB OF ATLANTIC CITY INC: $175,000 over 1y, 4.8% of budgetUniversity of Miami: $100,000 over 1y, 0.0% of budgetTHE ICAHN MEDICAL RESEARCH FOUNDATION: $80,000 over 1y, 2.0% of budgetNew York University: $50,000 over 1y, 0.0% of budgetRYE COUNTRY DAY SCHOOL: $30,306 over 2y, 0.0% of budgetGREATER MIAMI JEWISH FEDERATION INC: $30,000 over 2y, 0.0% of budgetTHE SOUTHAMPTON HOSPITAL FOUNDATION INC: $30,000 over 3y, 0.2% of budgetPARTNERSHIP FOR PUBLIC SERVICE INC: $30,000 over 3y, 0.1% of budgetMANHATTAN INSTITUTE FOR POLICY RESEARCH INC: $25,000 over 1y, 0.1% of budgetEMMA WILLARD SCHOOL: $25,000 over 1y, 0.1% of budgetTHE BREAST CANCER RESEARCH FOUNDATION INC: $20,500 over 4y, 0.0% of budgetMT TREMPER OUTDOOR MINISTRIES INC: $17,500 over 1y, 0.9% of budgetCenter for Educational Innovation Inc: $10,000 over 1y, 0.1% of budgetFRESH AIR FUND: $10,000 over 3y, 0.0% of budgetThe United States Holocaust Memorial Museum: $10,000 over 1y, 0.0% of budgetTHE MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH: $5,000 over 1y, 0.0% of budgetZOOLOGICAL SOCIETY OF NEW JERSEY INC: $5,000 over 1y, 0.2% of budgetTHE TAFT SCHOOL CORPORATION: $4,775 over 2y, 0.0% of budgetSAMUEL WAXMAN CANCER RESEARCH FOUNDATION: $2,500 over 1y, 0.1% of budgetRetreat Inc: $2,000 over 1y, 0.0% of budgetMACCABI USA INC: $1,800 over 1y, 0.0% of budgetHORSE FARM WORKERS' EDUCATIONAL ASSISTANCE FUND INC: $1,000 over 1y, 1.1% of budgetNEW YORK SCHOOL OF INTERIOR DESIGN: $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.

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 FundNY16.1× affinity7 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

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

2024
’20’21’22’23’24’25
no gov · 30%6%25%56%100%funder's share of their income ↑0%10%20%30%40%share of the org’s income from government →median 5%
  • University of Miami: 5% of income from government
no gov moneyreceives it· size = income
3get no government money at all
8report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–40%
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 (Fka Fndtn for a Greater Opportunity)?

Find your warmest path to The Carl C Icahn Foundation (Fka Fndtn for a Greater Opportunity) 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 38 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

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