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· Private foundation

The Fine Fund

Its FY2025 filing reports that it accepted unsolicited grant applications.

$229k
Granted FY2025still arriving
22
Grants FY2025still arriving
11
States reached
$40k
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, FY2017 to 2024.

Environment$983kEducation$177kPhilanthropy$171kPublic Benefit$140kCivil Rights$130kHealth$100kArts & Culture$37kInternational$23kOther$0
02FY2025 · 22 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k12 grants · $49k
  • $10k–50k10 grants · $180k
$7,500
Median grant
11
States reached
$4.2M
Total assets
Largest grants
RecipientAmount
CENTER FOR THE STUDY OF PUBLIC POLICY$40,000
NEW WORLD FOUNDATION$25,000
Individual grant recipient$20,000
STANFORD UNIVERSITY$20,000
COMING CLEAN$20,000
GLOBAL CENTER FOR CLIMATE JUSTICE$15,000
Individual grant recipient$10,000
HABITABLE$10,000
STORY OF STUFF PROJECT$10,000
SILENT SPRING INSTITUTE$10,000
RACHEL'S NETWORK$7,500
MILLION MARKER RESEARCH INSTITUTE (MMRI)$5,350
FRIENDS OF THE EARTH$5,000
WEST VIRGINIA RIVERS COALITION$5,000
FREE SPEECH FOR PEOPLE$5,000
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:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 12%, against an area that typically sits at 8%. 83% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%SILENT SPRING INSTITUTE: $10k → 8%PROTEUS: $10k → 12%SUSTAINABLE MARKETS FOUNDATION: $30k → 12%DEPLOYUS: $10k → 16%UNIVERSITY OF CALIFORNIA SAN FRANCISCO: $25k → 10%JUST TRANSITION ALLIANCE: $10k → 11%SUSTAINABLE MARKETS FOUNDATION: $30k → 17%POTENTIAL ENERGY COALITION: $10k → 28%SCIENCE AND ENVIRONMENTAL HEALTH NETWORK: $10k → 17%WEST VIRGINIA RIVERS COALITION: $20k → 18%PUBLIC DEMOCRACY AMERICA: $20k → 6%COURT ACCOUNTABILITY: $25k → 9%COMING CLEAN: $20k → 11%DEFEND OUR HEALTH: $15k → 7%ORION MAGAZINE: $20k → 12%UNIVERSITY OF CALIFORNIA SAN FRANCISCO: $25k → 10%SUSTAINABLE MARKETS FOUNDATION: $30k → 17%WEST VIRGINIA RIVERS COALITION: $20k → 18%HEALTH CARE WITHOUT HARM: $15k → 6%GLOBAL IMPACT: $15k → 9%COMING CLEAN: $20k → 11%DEFEND OUR HEALTH: $15k → 7%UNIVERSITY OF CALIFORNIA SAN FRANCISCO: $20k → 10%CLEAN FUTURES PROJECT (SPONSOR SUSTAINABLE MARKETS FOUNDATION): $30k → 17%COMING CLEAN: $20k → 11%ENVIRONMENTAL HEALTH STRATEGY CENTER: $15k → 7%UNIVERSITY OF CALIFORNIA SAN FRANCISCO: $11k → 10%SUSTAINABLE MARKETS FOUNDATION: $30k → 17%COMING CLEAN: $20k → 11%SUSTAINABLE MARKETS FOUNDATION: $15k → 17%COMING CLEAN: $20k → 11%SUSTAINABLE MARKETS FOUNDATION: $15k → 17%COMING CLEAN: $20k → 11%COMING CLEAN INC: $20k → 11%TRUSTEES OF BOSTON UNIVERSITY: $25k → 16%HEALTHY BUILDING NETWORK: $20k → 14%COMING CLEAN INC: $20k → 11%TRUSTEES OF BOSTON UNIVERSITY: $25k → 16%ESSENTIAL INFORMATION: $30k → 14%NEW WORLD FOUNDATION: $30k → 17%ESSENTIAL INFORMATION: $25k → 14%NEW WORLD FOUNDATION: $25k → 17%ESSENTIAL INFORMATION: $20k → 14%CENTER FOR THE STUDY OF PUBLIC POLICY: $40k → 8%NEW WORLD FOUNDATION: $20k → 17%ESSENTIAL INFORMATION: $20k → 14%ESSENTIAL INFORMATION: $20k → 14%GENERATION COMMON GOOD: $13k → 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

ME
VT
NH
WA
MT
NY
MA
WY
IA
PA
CT
CA
WV
VA
MD
NC
DC
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.

80%of every dollar goes to organizations it has funded before.
$1.4M · 31 repeat orgs$357k to everyone else

Grantees it renews have grown median revenue +45% since the first grant, against -4% for those funded once.

31 repeat relationships: 7 still active in FY2025, 24 since wound down; 11 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

31
29

Total granted

$1.4M
$237k

Median revenue growth · since first grant

+45%
-4%

Still filing today

94%
62%

New vs renewed · share of each year

In FY2025, 33% of grant dollars renewed an existing relationship; $121k 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
EnvironmentCommunity ImprovementEducationPublic Safety & DisasterHealthInternationalOther
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

  • CC
    COMING CLEAN INC
    9× · 2017–2025 · $200k · revenue +244%
  • SM
    SUSTAINABLE MARKETS FOUNDATION
    5× · 2017–2024 · $155k · revenue +270%
  • EI
    ESSENTIAL INFORMATION INC
    6× · 2018–2023 · $120k · revenue +17%

Funded once

  • CF
    CLEAN FUTURES PROJECT (SPONSOR SUSTAINABLE MARKETS FOUNDATION)
    one grant, 2023 · $30k
  • IG
    Individual grant recipient
    one grant, 2024 · $25k
  • PD
    PUBLIC DEMOCRACY AMERICA
    one grant, 2022 · $20k · revenue -19%
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 Union of Concerned Scientists Inc

The union of concerned scientists puts rigorous, independent science into action, developing solutions and advocating for a healthy, safe, and just future.

International
2
CarbonPlan

Improving the transparency and scientific integrity of climate solutions through open data and tools.

Environment
3
Environmental Working Group

The environmental working group (ewg) is committed to empowering people to live healthier lives in healthier environments. we are a nonprofit research and advocacy organization with a community made up of millions of consumers who stand-up…

Environment
4
E3G Third Generation Environmentalism

E3g is a leading international not-for-profit think tank specialising in climate diplomacy harnessing expertise in the politics and economics of climate change.

Environment
5
Climate Catalyst Inc

Climate catalyst sparks collective action to tackle the biggest climate challenges we face today: cutting emissions in heavy industries.

Environment
6
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
7
Environmental Law Foundation

Environmental Law Foundation's (ELF) mission is to protect the environment, communities, and consumers against harmful toxics and other environmental harms. Our work consistently improves environmental quality for those most at risk by…

Crime & Legal
8
Partnership for Policy Integrity

Partnership for Policy Integrity (PFPI) uses data-driven advocacy and litigation to fight for forests, communities and the climate.

Environment
9
Ceres Inc

Ceres is a nonprofit advocacy organization working to accelerate the transition to a cleaner, more just, and resilient world. through education and research, we make the business case for action on the most pressing sustainability…

Environment
10
Western Resource Advocates

Western Resource Advocates (WRA) is a regional nonprofit advocacy organization fighting climate change and its impacts to sustain the environment, economy, and people of the West. As the region's go-to experts for more than three decades,…

Crime & Legal
11
Third Way

To research and develop centrist policy ideas.

Civil Rights
12
National Caucus of Environmental Legislators

The national caucus of environmental legislators empowers a nonpartisan network of legislative champions to protect, conserve, and improve the natural and human environment.

Education
How this is measured
The grantee most central to the portfolio’s shape is Defend Our Health; the most unlike its peers is Highstead Foundation 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

65 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. 65 of the 82 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)
16
Early backer (in before they grew)
63/65
Grantees still filing
42/65
Grew since first funded

Where the money sits, by cause and then by grantee

COMING CLEAN INC: $200,000 · EnvironmentCOMING CLEAN INCSUSTAINABLE MARKETS FOUNDATION: $155,000 · EnvironmentSUSTAINABLE MARKETS FOUNDATIONDEPLOYUS INC: $70,000 · EnvironmentDEPLOYUS INCDEFEND OUR HEALTH: $69,700 · EnvironmentDEFEND OUR HEALTHTHE ORION SOCIETY INC: $61,000 · EnvironmentTHE ORION SOCIETY INCCENTER FOR POLITICAL ECOLOGY: $60,000 · EnvironmentCENTER FOR POLITICAL ECOLOGYNEW VENTURE FUND: $50,000 · EnvironmentNEW VENTURE FUNDTOXIC-FREE FUTURE F/K/A WASHINGTON TOXICS COALITION: $45,000 · EnvironmentWEST VIRGINIA RIVERS COALITION INC: $45,000 · EnvironmentHEALTH CARE WITHOUT HARM: $35,000 · Environment+18 more: $140,500 · Environment+18 moreESSENTIAL INFORMATION INC: $120,000 · OtherESSENTIAL INFORMATION INCUNIVERSITY OF CALIFORNIA SAN FRANCISCO: $80,804 · OtherUNIVERSITY OF CALIFORNIA SAN FRA…TRUSTEES OF BOSTON UNIVERSITY: $50,000 · OtherTRUSTEES OF BOSTON UNIVERSITYCENTER FOR THE STUDY OF PUBLIC POLICY INC: $40,000 · OtherCENTER FOR THE STUDY OF PUBLIC P…CLEAN FUTURES PROJECT (SPONSOR SUSTAINABLE MARKETS FOUNDATION): $30,000 · OtherIndividual grant recipient: $25,000 · OtherIndividual grant recipient: $20,000 · OtherVIRGINIA ORGANIZING INC: $35,250 · OtherVIRGINIA ORGANIZING INCCARNEGIE INSTITUTE: $25,000 · Other+27 more: $159,132 · Other+27 moreRACHEL'S NETWORK INC: $99,000 · Public Safety & DisasterRACHEL'S …HABITABLE: $80,000 · Public Safety & DisasterHABITABLEPROTEUS FUND INC: $40,000 · EducationTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $20,000 · EducationMassachusetts Institute of Technology: $15,000 · EducationGeneration Common Good Inc: $13,000 · EducationUNIVERSITY OF MASSACHUSETTS FOUNDATION INC: $10,000 · EducationLINCOLN INSTITUTE OF LAND POLICY: $5,000 · Education+1 more: $3,000 · EducationTHE NEW WORLD FOUNDATION: $75,000 · PhilanthropyCOMMUNITY FOUNDATION OF JACKSON HOLE: $14,000 · Philanthropy+4 more: $6,500 · PhilanthropySILENT SPRING INSTITUTE INC: $90,000 · HealthBREAST CANCER PREVENTION PARTNERS: $5,000 · HealthTHE PROGRAM FOR PRESERVING THE NATURAL WORLD INC: $50,000 · Animals
Environment$931,200Other$585,186Public Safety & Disaster$179,000Education$106,000Philanthropy$95,500Health$95,000Animals$50,000

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 budgetCOMING CLEAN INC: $200,000 over 9y, 2.4% of budgetSUSTAINABLE MARKETS FOUNDATION: $155,000 over 5y, 0.2% of budgetESSENTIAL INFORMATION INC: $120,000 over 6y, 3.4% of budgetRACHEL'S NETWORK INC: $99,000 over 9y, 1.5% of budgetSILENT SPRING INSTITUTE INC: $90,000 over 9y, 0.6% of budgetHABITABLE: $80,000 over 7y, 0.7% of budgetTHE NEW WORLD FOUNDATION: $75,000 over 2y, 0.2% of budgetDEPLOYUS INC: $70,000 over 7y, 4.0% of budgetDEFEND OUR HEALTH: $69,700 over 7y, 1.9% of budgetTHE ORION SOCIETY INC: $61,000 over 6y, 1.6% of budgetCENTER FOR POLITICAL ECOLOGY: $60,000 over 4y, 26% of budgetTHE PROGRAM FOR PRESERVING THE NATURAL WORLD INC: $50,000 over 9y, 10% of budgetTRUSTEES OF BOSTON UNIVERSITY: $50,000 over 2y, 0.0% of budgetNEW VENTURE FUND: $50,000 over 4y, 0.0% of budgetTOXIC-FREE FUTURE F/K/A WASHINGTON TOXICS COALITION: $45,000 over 8y, 0.4% of budgetWEST VIRGINIA RIVERS COALITION INC: $45,000 over 3y, 1.5% of budgetPROTEUS FUND INC: $40,000 over 4y, 0.0% of budgetVIRGINIA ORGANIZING INC: $35,250 over 8y, 0.1% of budgetHEALTH CARE WITHOUT HARM: $35,000 over 3y, 0.2% of budgetCARNEGIE INSTITUTE: $25,000 over 4y, 0.0% of budgetPUBLIC DEMOCRACY AMERICA: $20,000 over 1y, 0.3% of budgetGlobal Impact: $15,000 over 1y, 0.0% of budgetMassachusetts Institute of Technology: $15,000 over 3y, 0.0% of budgetCOMMUNITY FOUNDATION OF JACKSON HOLE: $14,000 over 8y, 0.0% of budgetGeneration Common Good Inc: $13,000 over 1y, 19% of budgetENVIRONMENTAL LEAGUE OF MASSACHUSETTS INC: $10,500 over 8y, 0.1% of budgetUNIVERSITY OF MASSACHUSETTS FOUNDATION INC: $10,000 over 2y, 0.0% of budgetPotential Energy Coalition Inc: $10,000 over 1y, 0.1% of budgetPesticide Action Network North America: $10,000 over 1y, 0.3% of budgetJUST TRANSITION ALLIANCE: $10,000 over 1y, 0.2% of budgetCROATAN INSTITUTE: $10,000 over 1y, 0.7% of budgetScience & Environmental Health Network: $10,000 over 1y, 2.5% of budgetAMERICAN FRIENDS OF REICHMAN UNIVERSITY INC: $7,732 over 1y, 0.1% of budgetCONSERVATION LAW FOUNDATION INC: $7,500 over 3y, 0.0% of budgetMOTHERS OUT FRONT INC: $7,500 over 2y, 0.1% of budgetNEW ENGLAND GRASSROOTS ENVIRONMENT FUND INC: $7,500 over 3y, 0.3% of budgetENVIRONMENTAL HEALTH SCIENCES: $7,500 over 1y, 0.4% of budgetTOXICS ACTION CENTER INC: $6,500 over 5y, 0.1% of budgetWOMEN'S VOICES FOR THE EARTH: $6,000 over 6y, 0.2% of budgetPOWERSWITCH ACTION: $5,000 over 1y, 0.0% of budgetHIGHSTEAD FOUNDATION INC: $5,000 over 1y, 0.2% of budgetFRIENDS OF THE EARTH: $5,000 over 1y, 0.0% of budgetBREAST CANCER PREVENTION PARTNERS: $5,000 over 1y, 0.1% of budgetKITCHEN TABLE CAMPAIGNS: $5,000 over 1y, 0.6% of budgetLINCOLN INSTITUTE OF LAND POLICY: $5,000 over 1y, 0.0% of budgetEMERALD NECKLACE CONSERVANCY INC: $5,000 over 1y, 0.2% of budgetNORTHEAST WILDERNESS TRUST CORPORATION: $5,000 over 1y, 0.0% of budgetPEOPLE FOR THE AMERICAN WAY FOUNDATION: $5,000 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.

  • Who funds COMING CLEAN INC ↗
  • Who funds SUSTAINABLE MARKETS FOUNDATION ↗
  • Who funds ESSENTIAL INFORMATION INC ↗
  • Who funds RACHEL'S NETWORK INC ↗
  • Who funds SILENT SPRING INSTITUTE INC ↗
  • Who funds HABITABLE ↗
  • Who funds THE NEW WORLD FOUNDATION ↗
  • Who funds DEPLOYUS INC ↗
  • Who funds DEFEND OUR HEALTH ↗
  • Who funds THE ORION SOCIETY INC ↗
  • Who funds CENTER FOR POLITICAL ECOLOGY ↗
  • Who funds THE PROGRAM FOR PRESERVING THE NATURAL WORLD INC ↗
  • Who funds TRUSTEES OF BOSTON UNIVERSITY ↗
  • Who funds NEW VENTURE FUND ↗
  • Who funds TOXIC-FREE FUTURE F/K/A WASHINGTON TOXICS COALITION ↗
  • Who funds WEST VIRGINIA RIVERS COALITION INC ↗
  • Who funds CENTER FOR THE STUDY OF PUBLIC POLICY INC ↗
  • Who funds PROTEUS FUND INC ↗
  • Who funds VIRGINIA ORGANIZING INC ↗
  • Who funds HEALTH CARE WITHOUT HARM ↗
  • Who funds CARNEGIE INSTITUTE ↗
  • Who funds PUBLIC DEMOCRACY AMERICA ↗
  • Who funds THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY ↗
  • Who funds Global Impact ↗
  • Who funds Massachusetts Institute of Technology ↗
  • Who funds COMMUNITY FOUNDATION OF JACKSON HOLE ↗
  • Who funds Generation Common Good Inc ↗
  • Who funds ENVIRONMENTAL LEAGUE OF MASSACHUSETTS INC ↗
  • Who funds UNIVERSITY OF MASSACHUSETTS FOUNDATION INC ↗
  • Who funds THE STORY OF STUFF PROJECT ↗
  • Who funds Potential Energy Coalition Inc ↗
  • Who funds Pesticide Action Network North America ↗

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.

Maine Community Foundation IncME27.5× affinity13 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Maine Community Foundation Inc · Boston Foundation Inc · Impactassetsinc · The Marisla Foundation · Park Foundation Inc · United States Energy Foundation · The John Merck Fund · Patagoniaorg · Forsythia Foundation Inc · The Passport Foundation · Cloud Mountain Foundation · Cedar Tree 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 Fine Fund funds: left to right is the share of its income from government, bottom to top the share from The Fine Fund. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 100%2%8%17%30%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 9%
  • Massachusetts Institute of Technology: 35% of income from government
  • Mystic River Watershed Association Inc: 18% of income from government
  • Trustees of Boston University: 12% of income from government
  • Silent Spring Institute Inc: 12% of income from government
  • East Quabbin Land Trust Inc: 9% of income from government
  • Northeast Wilderness Trust Corporation: 2% of income from government
  • The Orion Society Inc: 2% of income from government
  • Emerald Necklace Conservancy Inc: 0% of income from government
  • Boston Foundation Inc: 0% of income from government
no gov moneyreceives it· size = income
10get no government money at all
4report 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 Fine Fund?

Find your warmest path to The Fine Fund 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 82 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

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