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The FY Chang Foundation at a glanceMostly funded, not a grantmaker: see who funds it →

· Private foundation

The FY Chang 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.

$5k
Granted FY2024still arriving
5
Grants FY2024still arriving
2
States reached
$4k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0190% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$170kArts & Culture$21kInternational$18kHealth$8kPhilanthropy$5kHuman Services$2kSocial Science$1kPublic Benefit$1kOther$0
02FY2024 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

$150
Median grant
2
States reached
$1.6M
Total assets
Largest grants
RecipientAmount
George Washington University$4,000
International Leadership Foundation$1,000
Washington Performing Arts$150
Dacor Bacon House Foundation$100
Bush Foundation$100
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.

US giving: 59% of grant dollars ($144k). The need read here covers only this US portion; the 41% that went abroad ($100k) is mapped below.

show:

Dollar for dollar, its grants (FY17–24) land where the poverty rate runs at 10%, against an area that typically sits at 11%. 43% of its dollars go to grantees based in above-average-need neighborhoods. Its grants spread fairly evenly across need levels.

area typical 11%Harvard Law School: $50k → 8%Bush Foundation: $100 → 14%Gettysburg College: $30 → 9%Temple University: $300 → 22%Peking Univ Educ Foundation: $6k → 7%Foreign Policy Association: $2k → 17%Boysville Auxiliary: $100 → 16%The Fund for American Studies: $2k → 14%University of Miami: $2k → 15%MSU Safe Place: $250 → 16%Wuhan University: $27k → 5%Create Foundation: $5k → 14%National Kidney Foundation: $5k → 6%Friendship Circle Inc: $3k → 8%Aleph Learning Institute: $250 → 11%Bush Foundation: $100 → 14%Foreign Policy Association: $1k → 17%Meridian International Center: $250 → 14%Ullico Foundation: $5k → 8%Foreign Policy Association: $1k → 17%Washington Performing Arts: $150 → 14%Ullico Foundation: $1k → 8%Bnai Zion Foundation: $2k → 17%The Embassy Series: $5k → 14%Selfhelp Community Serv Fdtn: $2k → 17%naisA Global: $3k → 14%Washington Ireland Program: $5k → 14%International Leadership Foundation: $1k → 14%The Defiant Requiem: $1k → 14%Council on American Ambassadors: $3k → 14%Asia Society: $1k → 14%Council of American Ambassadors: $2k → 14%Kesher Israel: $10k → 14%American Academy of Diplomacy: $250 → 14%Council on American Ambassadors: $2k → 14%Innocents at Risk: $200 → 14%DCJCC: $250 → 14%Dacor Bacon House Foundation: $100 → 14%Zenith Community Arts Foundation: $500 → 14%Levine Music School: $5k → 14%Levine Music School: $5k → 14%Levine Music School: $5k → 14%Levine Music School: $3k → 14%Levine Music School: $3k → 14%George Washington University: $4k → 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

MN
MI
NY
MA
PA
CA
VA
MD
DC
MS
TX
FL

Beyond the US: 41% of all-years giving ($100k)

1 country, by the recipient’s country on the filing.

grant dollars sentlessmore
China$100k · 7 grants
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. International giving is mapped by the recipient’s country from the same 990 filings; comparable need data isn’t available at that grain.
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.
$106k · 7 repeat orgs$134k to everyone else

Grantees it renews have grown median revenue +45% since the first grant, against +10% for those funded once.

7 repeat relationships: 1 still active in FY2024, 6 since wound down; 4 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

7
26

Total granted

$106k
$128k

Median revenue growth · since first grant

+45%
+10%

Still filing today

57%
38%

New vs renewed · share of each year

In FY2024, 2% of grant dollars renewed an existing relationship; $5k went to new ones.

50%100%’17’18’19’21’22’23’24
RenewedFirst-time

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

’17’18’19’21’22’23’24
InternationalEducationEnvironmentHealthPublic BenefitOther
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

  • CO
    COUNCIL OF AMERICAN AMBASSADORS
    3× · 2017–2023 · $7k · revenue +45%
  • UF
    ULLICO FOUNDATION
    2× · 2022–2023 · $6k · revenue ×32
  • FP
    FOREIGN POLICY ASSOCIATION INC
    3× · 2018–2023 · $4k · revenue +22%

Funded once

  • HL
    Harvard Law School
    one grant, 2017 · $50k
  • WU
    Wuhan University
    one grant, 2019 · $27k
  • KI
    Kesher Israel
    one grant, 2022 · $10k
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
Council On Foreign Relations Inc

The council on foreign relations (cfr) is an independent, nonpartisan membership organization, think tank, and publisher dedicated to being a resource for its members, government officials, business executives, journalists, educators and…

International
2
The Brookings Institution

The brookings institution (brookings) is a nonprofit public policy organization that conducts in-depth, independent research that leads to new ideas for solving problems facing society at the local, national, and global level.…

Social Science
3
Rodel Institute

The rodel institute is a nonpartisan center for leadership and intellectual growth. rodel helps america's most promising leaders reach their full potential as public servants, deepen their commitment to democracy and the rule of law,…

Philanthropy
4
American Association of State Colleges and Universities

Aascu is a washington, d.c. based higher education association that represents the sector of over 500 regional public colleges, universities, and systems whose members share a learning and teaching centered culture, a commitment to…

Education
5
Institute for Experiential Learning Inc

The mission of the washington internship institute is to foster students' intellectual, personal, and professional development through individually tailored, quality internships and challenging academic coursework that take full advantage…

Education
6
World Learning Inc

Creating a more sustainable, peaceful, and just world through education, development, and exchange since 1932. as both an accredited academic institution and an international ngo, world learning, inc. offers the best of theory and practice…

International
7
George Hw Bush Foundation for Us-China Relations
International
8
The Central European University

Ceu is committed to promoting the values of open society and self-reflective critical thinking. it aims at excellence in the mastery of established knowledge, courage to pursue the creation of new knowledge in the humanities, the social…

International
9
Global Ties Us

Global ties u.s. (global ties) powers individuals, communities, and nations to build trust and advance peace and prosperity through international exchange.

International
10
Institute of Politics Policy and History
Education
11
American Enterprise Institute for Public Policy Research

The american enterprise institute is a community of scholars and supporters committed to expanding liberty, increasing individual opportunity, and strengthening free enterprise. aei pursues these ideals through independent thinking and the…

Social Science
12
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
How this is measured
The grantee most central to the portfolio’s shape is The George Washington University; the most unlike its peers is The Bush Foundation. 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

19 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. 19 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.

0
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
18/19
Grantees still filing
15/19
Grew since first funded

Where the money sits, by cause and then by grantee

Harvard Law School: $50,000 · OtherHarvard Law SchoolYunnan University: $35,984 · OtherYunnan UniversityShandong University: $33,175 · OtherShandong UniversityWuhan University: $27,237 · OtherWuhan UniversityLevine Music School: $20,000 · OtherLevine Music SchoolKesher Israel: $10,000 · Other+15 more: $26,475 · Other+15 moreCOUNCIL OF AMERICAN AMBASSADORS: $7,000 · InternationalWASHINGTON IRELAND PROGRAM FOR SERVICE & LEADERSHIP: $5,000 · InternationalFOREIGN POLICY ASSOCIATION INC: $3,500 · InternationalBNAI ZION FOUNDATION INC: $2,000 · International+3 more: $600 · InternationalULLICO FOUNDATION: $6,000 · EducationThe George Washington University: $4,000 · EducationUniversity of Miami: $1,565 · Education+3 more: $530 · EducationCREATE FOUNDATION: $5,000 · PhilanthropyNational Kidney Foundation Inc: $5,000 · HealthINTERNATIONAL LEADERSHIP FOUNDATION: $1,000 · Public BenefitZenith Community Arts Foundation: $500 · Environment
Other$202,871International$18,100Education$12,095Philanthropy$5,000Health$5,000Public Benefit$1,000Environment$500

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 budgetCOUNCIL OF AMERICAN AMBASSADORS: $7,000 over 3y, 0.8% of budgetULLICO FOUNDATION: $6,000 over 2y, 2.6% of budgetCREATE FOUNDATION: $5,000 over 1y, 0.0% of budgetWASHINGTON IRELAND PROGRAM FOR SERVICE & LEADERSHIP: $5,000 over 1y, 0.8% of budgetNational Kidney Foundation Inc: $5,000 over 1y, 0.0% of budgetThe George Washington University: $4,000 over 1y, 0.0% of budgetFOREIGN POLICY ASSOCIATION INC: $3,500 over 3y, 0.0% of budgetBNAI ZION FOUNDATION INC: $2,000 over 1y, 0.1% of budgetUniversity of Miami: $1,565 over 1y, 0.0% of budgetTHE FUND FOR AMERICAN STUDIES: $1,500 over 1y, 0.0% of budgetINTERNATIONAL LEADERSHIP FOUNDATION: $1,000 over 1y, 0.1% of budgetZenith Community Arts Foundation: $500 over 1y, 1.4% of budgetTemple University - Of The Commonwealth System of Higher Education: $300 over 1y, 0.0% of budgetAMERICAN ACADEMY OF DIPLOMACY: $250 over 1y, 0.0% of budgetMERIDIAN INTERNATIONAL CENTER: $250 over 1y, 0.0% of budgetTHE BUSH FOUNDATION: $200 over 2y, 0.0% of budgetDACOR BACON HOUSE FOUNDATION: $100 over 1y, 0.0% of budgetGETTYSBURG COLLEGE: $30 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.

Cobb Family Foundatio…Morgan Stanley Global…Vanguard Charitable E…The Bank of America C…Donor Advised Charita…National Philanthropi…Fidelity Investments …Amazonsmile Foundation
Cobb Family Foundation IncFL13.6× affinity4 shared granteesties to 7 of 7Hover any node to trace its alignments.Compare side by side →

Open a dossier: Cobb Family Foundation Inc · Morgan Stanley Global Impact Funding Trust Inc · Vanguard Charitable Endowment Program · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc · National Philanthropic Trust · Fidelity Investments Charitable Gift Fund · 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 FY Chang Foundation funds: left to right is the share of its income from government, bottom to top the share from The FY Chang 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%25%50%75%100%share of the org’s income from government →median 5%
  • University of Miami: 5% of 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
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 FY Chang Foundation?

Find your warmest path to The FY Chang 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 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

Play a game based on FY Chang’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