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The Carl Victor Page Memorial Foundation at a glance

· Private foundation

The Carl Victor Page Memorial 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.

$285M
Granted FY2024still arriving
17
Grants FY2024still arriving
9
States reached
$235M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead

Read this first · the figures below need context

87% of The Carl Victor Page Memorial Foundation’s FY2024 grant dollars went to National Philanthropic Trust, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 9 organizations directly, so a portfolio cannot be read from it.

Organizations named directly on the return

0
’19
0
’20
0
’21
0
’22
8
’23
9
’24

Amber years are those where most dollars went to a sponsor.

01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Philanthropy$968MEnvironment$73MInternational$19MFood & Nutrition$8.0MHealth$3.0MEducation$1.5MCrime & Legal$1.0MCommunity Improvement$1.0MOther$0
02FY2024 · 17 grants

Where the money goes

Grants by size, and the largest recipients.

$2,000,000
Median grant
9
States reached
$4.5B
Total assets
Largest grants
RecipientAmount
NATIONAL PHILANTHROPIC TRUST$235,000,000
CLIMATE BREAKTHROUGH INC$10,000,000
FOOD FOR EDUCATION FOUNDATION INC$8,000,000
WINDWARD FUND$6,000,000
ROCKEFELLER PHILANTHROPY ADVISORS INC$6,000,000
WORLD RESOURCES INSTITUTE$4,750,000
GLOBAL FISHING WATCH$3,000,000
STICHTING EUROPEAN CLIMATE FOUNDATION$2,150,000
GREAT BARRIER REEF FOUNDATION USA INC$2,000,000
EVERY CURE INC$2,000,000
AVINA AMERICAS INC$1,500,000
NATIONAL PHILANTHROPIC TRUST$1,262,880
CLEAN SLATE INITIATIVE INC$1,000,000
AFRICAN ENTREPRENEURSHIP COLLECTIVE dba INKOMOKO$1,000,000
UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION$750,000
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 (FY23–24, $14.9M) land where the poverty rate runs at 11%, against an area that typically sits at 9%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%CLIMATE BREAKTHROUGH INC: $10.0M → 10%THINK OF US: $500k → 14%THE TIDES CENTER: $2.0M → 10%THINK OF US: $400k → 14%PEOPLE'S COURAGE INTERNATIONAL INC: $2.0M → 14%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
WI
NY
MA
PA
CA
MO
DC
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.
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 87% of The Carl Victor Page Memorial Foundation’s grant dollars are earmarked for a different county than the recipient’s own address.

The Carl Victor Page Memorial Foundationlessmore of its giving
Placed by recipient address · 3.5% 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.

44%of every dollar goes to organizations it has funded before.
$44M · 7 repeat orgs$57M to everyone else

7 repeat relationships: 6 still active in FY2024, 1 since wound down; 7 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

7
4

Total granted

$44M
$31M

Median revenue growth · since first grant

-68%
-42%

Still filing today

71%
75%

New vs renewed · share of each year

In FY2024, 31% of grant dollars renewed an existing relationship; $26M went to new ones.

50%100%’20’22’23’24
RenewedFirst-time

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

’20’22’23’24
Human ServicesInternationalEnvironmentPhilanthropyEducationHealthOther
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

  • SE
    STICHTING EUROPEAN CLIMATE FOUNDATION
    2× · 2023–2024 · $25M
  • WORLD RESOURCES INSTITUTE
    2× · 2023–2024 · $9.5M · revenue -40%
  • GF
    GLOBAL FISHING WATCH INC
    2× · 2023–2024 · $6.0M · revenue -72%

Funded once

  • RC
    RF CATALYTIC CAPITAL INC
    one grant, 2023 · $15M · revenue -42%
  • IC
    INSTITUTO CLIMA E SOCIEDADE
    one grant, 2023 · $10M
  • TE
    THE ENERGY FOUNDATIONgraduated
    one grant, 2023 · $4.0M · revenue +29%
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
The Water Research Foundation

The purpose of the water research foundation (wrf) is a definitive research organization to advance the science of all things water to better meet the evolving needs of its subscribers and the water sector. to engage exclusively in…

Environment
2
Environmental Investigation Agency

To establish and promote programs to protect the global climate, forests, wildlife and the natural environment, through research, advocacy, and investigation.

International
3
Cdp North America Inc

Cdp north america, inc. 's ("cdp-na") vision for the future is a thriving economy that works for people and planet in the long term. we focus investors and companies on taking urgent action to build a truly sustainable economy by measuring…

Environment
4
Delterra Inc

Redesign human systems for the good of people and the planet by developing innovative, scalable solutions.

Environment
5
American Gas Association

American gas association's (the association) mission is to develop and advocate for informed, innovative, and durable policy that fulfills our nation's energy needs, environmental aspirations and economic potential. we are committed to…

—
6
Climate Imperative Foundation

Climate imperative foundation's mission is to employ science and economics to cut global carbon emissions to secure a better future for all.

Environment
7
Coalition for Green Capital D/B/a American Green Bank Consortium

Cgc operates as a nonprofit financial institution that invests directly and through partners to transform financial markets by using public and private investing to accelerate the deployment of projects that strengthen the grid, reduce…

Environment
8
Ucsf Foundation Investment Company

The organization provides professional investment management services for endowed gifts and financial assets entrusted to the ucsf foundation.

Education
9
American Flood Coalition Inc

To drive transformational adaptation to protect communities across the country from higher seas, stronger storms, and more frequent flooding.

Environment
10
Upturn Inc

Upturn advances equity and justice in the design, governance, and use of technology.

—
11
University of Virginia Investment Management Company

The university of virginia investment management company (uvimco) is organized to invest funds on behalf of the rector and visitors of the university of virginia (the university or uva) and university-associated organizations (uaos).

Education
12
International Aids Vaccine Initiative Inc

A nonprofit scientific research organization that develops vaccines and antibodies for hiv, tuberculosis, and emerging infectious diseases.

International
How this is measured
The grantee most central to the portfolio’s shape is New Venture Fund; the most unlike its peers is Great Barrier Reef Foundation Usa Inc. 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

18 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. 18 of the 24 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)
18/18
Grantees still filing
7/18
Grew since first funded

Where the money sits, by cause and then by grantee

NATIONAL PHILANTHROPIC TRUST: $740,459,813 · PhilanthropyNATIONAL PHILANTHROPIC TRUSTDONOR ADVISED CHARITABLE GIVING INC: $218,000,000 · PhilanthropyDONOR ADVISED CHARITABLE GIVING INC+2 more: $21,000,000 · PhilanthropySTICHTING EUROPEAN CLIMATE FOUNDATION: $25,150,000 · OtherINSTITUTO CLIMA E SOCIEDADE: $10,000,000 · OtherFOOD FOR EDUCATION FOUNDATION INC: $8,000,000 · OtherTHE ENERGY FOUNDATION: $4,000,000 · OtherEVERY CURE INC: $2,000,000 · Other+2 more: $1,002,000 · OtherWINDWARD FUND: $6,000,000 · EnvironmentGLOBAL FISHING WATCH INC: $6,000,000 · EnvironmentGreat Barrier Reef Foundation USA Inc: $2,000,000 · EnvironmentNEW VENTURE FUND: $1,050,000 · EnvironmentCLIMATE BREAKTHROUGH INC: $10,000,000 · Human ServicesPEOPLE'S COURAGE INTERNATIONAL INC: $2,000,000 · Human ServicesTIDES CENTER: $2,000,000 · Human ServicesTHINK OF US: $900,000 · Human ServicesWORLD RESOURCES INSTITUTE: $9,500,000 · InternationalAVINA AMERICAS INC: $1,500,000 · InternationalUNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION: $1,500,000 · EducationCLEAN SLATE INITIATIVE INC: $1,000,000 · Civil RightsUpstream USA Inc: $1,000,000 · Health
Philanthropy$979,459,813Other$50,152,000Environment$15,050,000Human Services$14,900,000International$11,000,000Education$1,500,000Civil Rights$1,000,000Health$1,000,000

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

25%50%75%100%$100Mgrantee revenue →↑ funder's share of their budgetNATIONAL PHILANTHROPIC TRUST: $740,459,813 over 6y, 2.1% of budgetDONOR ADVISED CHARITABLE GIVING INC: $218,000,000 over 1y, 2.9% of budgetRF CATALYTIC CAPITAL INC: $15,000,000 over 1y, 5.2% of budgetCLIMATE BREAKTHROUGH INC: $10,000,000 over 1y, 49% of budgetWORLD RESOURCES INSTITUTE: $9,500,000 over 2y, 1.8% of budgetWINDWARD FUND: $6,000,000 over 1y, 1.9% of budgetGLOBAL FISHING WATCH INC: $6,000,000 over 2y, 15% of budgetROCKEFELLER PHILANTHROPY ADVISORS INC: $6,000,000 over 1y, 0.9% of budgetTHE ENERGY FOUNDATION: $4,000,000 over 1y, 4.7% of budgetPEOPLE'S COURAGE INTERNATIONAL INC: $2,000,000 over 1y, 7.0% of budgetTIDES CENTER: $2,000,000 over 1y, 0.9% of budgetUNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION: $1,500,000 over 2y, 0.1% of budgetAVINA AMERICAS INC: $1,500,000 over 1y, 2.5% of budgetNEW VENTURE FUND: $1,050,000 over 2y, 0.1% of budgetCLEAN SLATE INITIATIVE INC: $1,000,000 over 1y, 9.9% of budgetUpstream USA Inc: $1,000,000 over 2y, 1.3% of budgetTHINK OF US: $900,000 over 2y, 4.2% 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 David and Lucile …Gs Donor Advised Phil…Valhalla FoundationThe William & Flora H…New Venture FundSilicon Valley Commun…National Philanthropi…American Endowment Fo…Fidelity Investments …Donor Advised Charita…Amazonsmile Foundation
The David and Lucile Packard FoundationCA15.3× affinity5 shared granteesties to 10 of 10Hover any node to trace its alignments.Compare side by side →

Open a dossier: The David and Lucile Packard Foundation · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · Valhalla Foundation · The William & Flora Hewlett Foundation · New Venture Fund · Silicon Valley Community Foundation · National Philanthropic Trust · American Endowment Foundation · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc · Amazonsmile 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 The Carl Victor Page Memorial Foundation funds: left to right is the share of its income from government, bottom to top the share from The Carl Victor Page Memorial Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%6%25%56%100%funder's share of their income ↑0%15%30%45%60%share of the org’s income from government →median 4%
  • Upstream Usa Inc: 4% of income from government
no gov moneyreceives it· size = income
1get no government money at all
3report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–60%
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 Victor Page Memorial Foundation?

Find your warmest path to The Carl Victor Page Memorial 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 24 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 Carl Victor Page Memorial’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