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· Private foundation

The Ginkgo Fund

Its FY2026 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$2.9M
Granted FY2026still arriving
20
Grants FY2026still arriving
6
States reached
$750k
Largest
01What it funds
0199% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.

Education$4.1MPublic Benefit$1.4MReligion$1.2MHuman Services$910kEmployment$600kScience & Tech$570kInternational$535kCivil Rights$500kOther$0
02FY2026 · 20 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2026

  • Under $10k1 grant · $8k
  • $10k–50k3 grants · $70k
  • $50k–250k11 grants · $925k
  • $250k+5 grants · $1.9M
$100,000
Median grant
6
States reached
$37M
Total assets
Largest grants
RecipientAmount
NATIONAL PHILANTHROPIC TRUST$750,000
CALTECH$400,000
FCNL EDUCATION FUND$250,000
FRIENDS PUBLISHING CORPORATION$250,000
NONVIOLENCE INSTITUTE$250,000
SCHOOL ONE$200,000
CHRISTOPHER 2X GAME CHANGERS$100,000
AMHERST COLLEGE$100,000
UNIVERSITY OF LOUISVILLE$100,000
CENTER FOR EMPLOYMENT OPPORTUNITIES$100,000
BIG BROTHERS BIG SISTERS OF KENTUCKIANA$75,000
CALTECH Y$50,000
INTERNATIONAL INSTITUTE OF NEW ENGLAND$50,000
NUCLEAR THREAT INITIATIVE$50,000
COMMUNITY PREPARATORY SCHOOL$50,000
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 (FY20–26, $1.5M) land where the poverty rate runs at 15%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%NONVIOLENCE INSTITUTE: $250k → 14%NONVIOLENCE INSTITUTE: $50k → 14%NONVIOLENCE INSTITUTE: $50k → 14%NONVIOLENCE INSTITUTE: $50k → 14%NONVIOLENCE INSTITUTE: $50k → 14%HOME OF THE INNOCENTS: $125k → 15%HOME OF THE INNOCENTS: $75k → 15%HOME OF THE INNOCENTS: $75k → 15%HOME OF THE INNOCENTS: $75k → 15%HOME OF THE INNOCENTS: $75k → 15%LOUISVILLE URBAN LEAGUE: $150k → 15%CHRISTOPHER 2X GAME CHANGERS: $100k → 15%CHRISTOPHER 2X GAME CHANGERS: $60k → 15%CHRISTOPHER 2X GAME CHANGERS: $50k → 15%CHRISTOPHER 2X GAME CHANGERS: $50k → 15%LOUISVILLE URBAN LEAGUE: $50k → 15%CHRISTOPHER 2X GAME CHANGERS: $50k → 15%LOUISVILLE URBAN LEAGUE: $50k → 15%LOUISVILLE URBAN LEAGUE: $50k → 15%CHRISTOPHER 2X GAME CHANGERS: $25k → 15%CHRISTOPHER 2X GAME CHANGERS: $25k → 15%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
MA
PA
RI
CA
KY
AZ
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.

94%of every dollar goes to organizations it has funded before.
$12M · 31 repeat orgs$765k to everyone else

31 repeat relationships: 14 still active in FY2026, 17 since wound down; 4 grantees were first funded in FY2026 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

31
6

Total granted

$12M
$365k

Median revenue growth · since first grant

+21%
+29%

Still filing today

77%
67%

New vs renewed · share of each year

In FY2026, 81% of grant dollars renewed an existing relationship; $400k went to new ones.

50%100%’20’21’22’23’24’25’26
RenewedFirst-time

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

’20’21’22’23’24’25’26
EducationHuman ServicesReligionInternationalHealthAnimalsOther
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

  • TC
    THE CALTECH Y
    7× · 2020–2026 · $2.1M · revenue +42% · 48% of their budget
  • FP
    FRIENDS PUBLISHING CORPORATION
    7× · 2020–2026 · $880k · revenue +12%
  • UO
    UNIVERSITY OF LOUISVILLE FOUNDATION INC
    2× · 2021–2022 · $586k · revenue +13%

Funded once

  • EI
    EVOLVE502 INCgraduated
    one grant, 2022 · $100k · revenue +52%
  • UF
    UCLA FOUNDATION - EMMITT INSTITUTE
    one grant, 2024 · $100k
  • EC
    EPISCOPAL CHURCH HOME FOUNDATION INC
    one grant, 2020 · $50k · revenue -61%
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
University Family Physicians Inc

Engage actively and continuously in medical research, education and training in the practice of medicine in conjunction with the department of family medicine of the indiana university school of medicine and indiana university…

—
2
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.

—
3
Columbia College

Columbia college improves lives by providing quality education to both traditional and nontraditional students, helping them achieve their true potential.

Education
4
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
5
Kentucky Center for Economic Policy Inc

To improve the quality of life for all kentuckians through research, education and advocacy on important policy issues facing the commonwealth.

Public Benefit
6
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
7
The Common Application Inc

The common application is a not-for-profit membership organization of over 1,100 colleges and universities across the globe committed to access, equity, and integrity in the college admission process. every year, over 1.5 million students…

Education
8
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
9
Foreign Policy Research Institute

The foreign policy research institute (frpi) is dedicated to producing the highest quality scholarship and nonpartisan policy analysis focused on crucial foreign policy and national security challenges facing the united states. we educate…

International
10
Institute for Nonprofit Practice Inc

The institute for nonprofit practice's mission is to transform communities by equipping the most promising nonprofit leaders with the skills, confidence, and resources they need to make their organizations effective, innovative, and…

Human Services
11
Point Park University

Provides innovative education in a dynamic urban setting. dedicated to academic excellence and community engagement,we prepare students of diverse backgrounds with the knowledge, skill,and experience to lead meaningful lives as informed…

—
12
Fielding Graduate University

We provide exemplary interdisciplinary programs for a community of scholar-practitioners within a distributed learning model grounded in student-driven inquiry and leading to enhanced knowledge.

—
How this is measured
The grantee most central to the portfolio’s shape is The Community Foundation of Louisville Inc; the most unlike its peers is Nuclear Threat Initiative 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

34 grantees tracked through their own filings, 2017–2026.

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 2026, not grant rows in a single year, so this will not match the grant count on the cover. 34 of the 44 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.

4
Load-bearing (≥25% of a budget)
5
Early backer (in before they grew)
34/34
Grantees still filing
20/34
Grew since first funded

Where the money sits, by cause and then by grantee

THE CALTECH Y: $2,143,750 · EducationTHE CALTECH YUNIVERSITY OF LOUISVILLE FOUNDATION INC: $586,152 · EducationUNIVERSITY OF LOUISVILLE FOUNDATION IN…LINCOLN FOUNDATION: $500,000 · EducationLINCOLN FOUNDATIONFRIENDS SCHOOL INC: $350,000 · EducationFRIENDS SCHOOL INCCOMMUNITY PREPARATORY SCHOOL: $310,000 · EducationCOMMUNITY PREPARATORY SCHOOLKENTUCKIANAWORKS FOUNDATION INC: $300,000 · EducationKENTUCKIANAWORKS FOUNDATION INCSCHOOL ONE: $200,000 · EducationNATIONAL CENTER FOR FAMILIES LEARNING INC: $200,000 · EducationAMHERST COLLEGE TRUSTEES: $160,000 · EducationBIG BROTHERS BIG SISTERS OF KENTUCKIANA INC: $375,000 · OtherBIG BROTHERS BIG SISTE…MOSES BROWN SCHOOL: $300,000 · OtherMOSES BROWN SCHOOLFRIENDS GENERAL CONFERENCE: $240,000 · OtherFRIENDS GENERAL CONFER…FAMILIES AGAINST MANDATORY MINIMUMS FND: $200,000 · OtherFAMILIES AGAINST MANDA…CENTER FOR EMPLOYMENT OPPORTUNITIES: $200,000 · OtherCENTER FOR EMPLOYMENT …NACOLE: $200,000 · OtherNACOLEEVOLVE502 INC: $100,000 · OtherUNIVERSITY OF LOUISVILLE: $100,000 · OtherUCLA FOUNDATION - EMMITT INSTITUTE: $100,000 · OtherCENTER FOR EMPLOYMENT OPPORTUNITIES INC: $200,000 · OtherCENTER FOR EMPLOYMENT …USPIRITUS INC (BELLEWOOD & BROOKLAWN): $160,000 · OtherUSPIRITUS INC (BELLEWO…WATERSTEP INC: $160,000 · OtherWATERSTEP INCLOUISVILLE ZOO FOUNDATION INC: $110,000 · Other+7 more: $300,000 · Other+7 moreFCNL EDUCATION FUND: $1,700,000 · Public BenefitFCNL EDUCATIO…NONVIOLENCE INSTITUTE: $450,000 · Human ServicesNONVIOLENCE …THE HOME OF THE INNOCENTS INC: $425,000 · Human ServicesTHE HOME OF …Christopher 2X Game Changers Inc: $360,000 · Human ServicesChristopher …THE LOUISVILLE URBAN LEAGUE INC: $300,000 · Human ServicesTHE LOUISVIL…FRIENDS PUBLISHING CORPORATION: $880,000 · ReligionFRIENDS P…Interfaith Paths to Peace Inc: $310,000 · ReligionInterfait…EPISCOPAL CHURCH HOME FOUNDATION INC: $50,000 · ReligionNATIONAL PHILANTHROPIC TRUST: $1,010,000 · PhilanthropyTHE COMMUNITY FOUNDATION OF LOUISVILLE INC: $50,000 · PhilanthropyTHE CENTER FOR NONPROFIT EXCELLENCE: $50,000 · PhilanthropyTHE UNION OF CONCERNED SCIENTISTS INC: $580,000 · InternationalPEACE EDUCATION PROGRAM INC: $275,000 · InternationalMYRIAD USA INC: $100,000 · InternationalNUCLEAR THREAT INITIATIVE INC: $50,000 · International
Education$4,749,902Other$2,745,000Public Benefit$1,700,000Human Services$1,535,000Religion$1,240,000Philanthropy$1,110,000International$1,005,000

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 budgetTHE CALTECH Y: $2,143,750 over 7y, 48% of budgetFCNL EDUCATION FUND: $1,700,000 over 7y, 5.4% of budgetNATIONAL PHILANTHROPIC TRUST: $1,010,000 over 2y, 0.0% of budgetFRIENDS PUBLISHING CORPORATION: $880,000 over 7y, 14% of budgetUNIVERSITY OF LOUISVILLE FOUNDATION INC: $586,152 over 2y, 0.7% of budgetTHE UNION OF CONCERNED SCIENTISTS INC: $580,000 over 7y, 0.3% of budgetLINCOLN FOUNDATION: $500,000 over 7y, 6.8% of budgetNONVIOLENCE INSTITUTE: $450,000 over 5y, 2.6% of budgetTHE HOME OF THE INNOCENTS INC: $425,000 over 5y, 0.3% of budgetBIG BROTHERS BIG SISTERS OF KENTUCKIANA INC: $375,000 over 6y, 2.6% of budgetChristopher 2X Game Changers Inc: $360,000 over 7y, 28% of budgetFRIENDS SCHOOL INC: $350,000 over 2y, 13% of budgetCOMMUNITY PREPARATORY SCHOOL: $310,000 over 7y, 0.9% of budgetInterfaith Paths to Peace Inc: $310,000 over 2y, 83% of budgetTHE LOUISVILLE URBAN LEAGUE INC: $300,000 over 4y, 0.7% of budgetKENTUCKIANAWORKS FOUNDATION INC: $300,000 over 5y, 30% of budgetPEACE EDUCATION PROGRAM INC: $275,000 over 3y, 11% of budgetNATIONAL CENTER FOR FAMILIES LEARNING INC: $200,000 over 2y, 1.3% of budgetCENTER FOR EMPLOYMENT OPPORTUNITIES INC: $200,000 over 4y, 0.1% of budgetWATERSTEP INC: $160,000 over 3y, 3.7% of budgetAMHERST COLLEGE TRUSTEES: $160,000 over 7y, 0.0% of budgetUSPIRITUS INC (BELLEWOOD & BROOKLAWN): $160,000 over 4y, 0.5% of budgetLOUISVILLE ZOO FOUNDATION INC: $110,000 over 2y, 4.8% of budgetEVOLVE502 INC: $100,000 over 1y, 2.3% of budgetMYRIAD USA INC: $100,000 over 1y, 0.1% of budgetTHE COMMUNITY FOUNDATION OF LOUISVILLE INC: $50,000 over 1y, 0.0% of budgetEPISCOPAL CHURCH HOME FOUNDATION INC: $50,000 over 1y, 3.6% of budgetTHE CENTER FOR NONPROFIT EXCELLENCE: $50,000 over 5y, 1.2% of budgetKentucky Chamber Foundation Inc: $50,000 over 1y, 1.1% of budgetSEVEN COUNTIES SERVICES INC: $40,000 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.

  • Who funds THE CALTECH Y ↗
  • Who funds FCNL EDUCATION FUND ↗
  • Who funds NATIONAL PHILANTHROPIC TRUST ↗
  • Who funds FRIENDS PUBLISHING CORPORATION ↗
  • Who funds UNIVERSITY OF LOUISVILLE FOUNDATION INC ↗
  • Who funds THE UNION OF CONCERNED SCIENTISTS INC ↗
  • Who funds LINCOLN FOUNDATION ↗
  • Who funds NONVIOLENCE INSTITUTE ↗
  • Who funds THE HOME OF THE INNOCENTS INC ↗
  • Who funds BIG BROTHERS BIG SISTERS OF KENTUCKIANA INC ↗
  • Who funds Christopher 2X Game Changers Inc ↗
  • Who funds FRIENDS SCHOOL INC ↗
  • Who funds COMMUNITY PREPARATORY SCHOOL ↗
  • Who funds Interfaith Paths to Peace Inc ↗
  • Who funds THE LOUISVILLE URBAN LEAGUE INC ↗
  • Who funds KENTUCKIANAWORKS FOUNDATION INC ↗
  • Who funds PEACE EDUCATION PROGRAM INC ↗
  • Who funds SCHOOL ONE ↗
  • Who funds NATIONAL CENTER FOR FAMILIES LEARNING INC ↗
  • Who funds CENTER FOR EMPLOYMENT OPPORTUNITIES INC ↗
  • Who funds WATERSTEP INC ↗
  • Who funds AMHERST COLLEGE TRUSTEES ↗
  • Who funds USPIRITUS INC (BELLEWOOD & BROOKLAWN) ↗
  • Who funds LOUISVILLE ZOO FOUNDATION INC ↗
  • Who funds EVOLVE502 INC ↗
  • Who funds MYRIAD USA INC ↗
  • Who funds THE COMMUNITY FOUNDATION OF LOUISVILLE INC ↗
  • Who funds EPISCOPAL CHURCH HOME FOUNDATION INC ↗
  • Who funds THE CENTER FOR NONPROFIT EXCELLENCE ↗
  • Who funds INTERNATIONAL INSTITUTE OF NEW ENGLAND INC ↗
  • Who funds NUCLEAR THREAT INITIATIVE INC ↗
  • Who funds Kentucky Chamber Foundation Inc ↗

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 Gheens Foundation IncKY32.3× affinity13 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Gheens Foundation Inc · The Community Foundation of Louisville Inc · James Graham Brown Foundation Inc · The Community Foundation of Louisville Depository Inc · C E and S Foundation Inc · Lift a Life Foundation Inc · Cralle Foundation Inc · The Community Foundation of Louisville Corporate Depository Inc · Kosair Charities Committee Inc · LG&E and Ku Foundation Inc · Honorable Order of Kentucky Colonels Inc · Republic Bank 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 Ginkgo Fund funds: left to right is the share of its income from government, bottom to top the share from The Ginkgo Fund. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%6%23%51%90%funder's share of their income ↑0%15%30%45%60%share of the org’s income from government →median 0%
  • Amherst College Trustees: 0% of income from government
no gov moneyreceives it· size = income
1get no government money at all
10report 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.

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 44 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 2026, released 2026. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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