Skip to content
The Heckscher Foundation for Children at a glance

· Private foundation

The Heckscher Foundation for Children

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$15M
Granted FY2025still arriving
122
Grants FY2025still arriving
10
States reached
$1.5M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
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.

Education$29MEmployment$6.6MRecreation & Sports$5.6MYouth Development$4.3MHuman Services$3.4MHealth$2.8MArts & Culture$2.2MCommunity Improvement$1.7MOther$0
02FY2025 · 122 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k14 grants · $48k
  • $10k–50k34 grants · $745k
  • $50k–250k61 grants · $7.8M
  • $250k+13 grants · $6.2M
$87,000
Median grant
10
States reached
$397M
Total assets
Largest grants
RecipientAmount
MERIT AMERICA$1,465,000
SUCCESS ACADEMY CHARTER SCHOOLS INC$1,000,000
SUNY IMPACT FOUNDATION INC$502,200
THE POSSE FOUNDATION INC$500,000
ARRAY EDUCATION INC$500,000
THE INSPIRED COMMUNITY PROJECT INC$350,000
NEW VISIONS FOR PUBLIC SCHOOLS INC$301,286
NYU GROSSMAN SCHOOL OF MEDICINE$300,000
YMCA OF GREATER NEW YORK$279,300
FLORIDA ATLANTIC UNIVERSITY FOUNDATION INC$250,000
OVERGRAD$250,000
CHILDREN'S MUSEUM OF MANHATTAN$250,000
THE MARCY LAB SCHOOL$250,000
FRIENDS OF KAREN INC$220,000
AMERICA NEEDS YOU$200,000
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 (FY20–25, $7.5M) land where the poverty rate runs at 17%, 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%SPRINGBOARD COLLABORATIVE: $200k → 22%JEWISH COMMUNITY CENTER OF STATEN ISLAND INC: $198k → 11%HOT BREAD KITCHEN LTD: $150k → 17%THE INSPIRED COMMUNITY PROJECT INC: $350k → 28%SPRINGBOARD COLLABORATIVE: $200k → 22%JEWISH COMMUNITY CENTER OF STATEN ISLAND: $198k → 11%HOT BREAD KITCHEN: $150k → 17%SPRINGBOARD COLLABORATIVE: $150k → 22%JEWISH COMMUNITY CENTER OF STATEN ISLAND: $160k → 11%SPRINGBOARD COLLABORATIVE: $60k → 22%HOT BREAD KITCHEN LTD: $125k → 17%MERIT AMERICA: $1.5M → 14%MERIT AMERICA: $16k → 14%COMMONPOINT QUEENS: $200k → 13%SAMUEL FIELD YM & YWHA: $200k → 13%COMMONPOINT NY INC: $180k → 13%RED HOOK INITIATIVE: $100k → 20%RED HOOK INITIATIVE: $100k → 20%RED HOOK INITIATIVE: $9k → 20%GOOD SHEPHERD SERVICES: $100k → 17%ROOM TO GROW NATIONAL INC: $75k → 17%ROOM TO GROW NATIONAL INC: $75k → 17%THE INSPIRED COMMUNITY PROJECT: $200k → 17%YMCA OF GREATER NEW YORK: $279k → 17%YMCA OF GREATER NEW YORK: $50k → 17%EXPANDED SCHOOLS INC: $250k → 17%EXPANDED SCHOOLS: $250k → 17%EXPANDED SCHOOLS: $250k → 17%UNDER 21: $200k → 17%THE TEAK FELLOWSHIP: $200k → 17%THE TEAK FELLOWSHIP: $175k → 17%THE TEAK FELLOWSHIP: $175k → 17%THE TEAK FELLOWSHIP: $175k → 17%THE TEAK FELLOWSHIP: $175k → 17%THE TEAK FELLOWSHIP: $150k → 17%HENRY STREET SETTLEMENT: $200k → 17%HENRY STREET SETTLEMENT: $200k → 17%HENRY STREET SETTLEMENT: $150k → 17%HENRY STREET SETTLEMENT: $6k → 17%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

VT
MN
IL
NY
MA
OR
IN
PA
NJ
CT
CA
CO
MD
TN
NC
DC
GA
TX
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.

79%of every dollar goes to organizations it has funded before.
$60M · 123 repeat orgs$16M to everyone else

Grantees it renews have grown median revenue +33% since the first grant, against +25% for those funded once.

123 repeat relationships: 70 still active in FY2025, 53 since wound down; 37 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

123
106

Total granted

$60M
$11M

Median revenue growth · since first grant

+33%
+25%

Still filing today

82%
47%

New vs renewed · share of each year

In FY2025, 66% of grant dollars renewed an existing relationship; $4.9M went to new ones.

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

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

’20’21’22’23’24’25
EducationArts & CultureHuman ServicesPhilanthropyYouth DevelopmentRecreation & SportsOther
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

  • CP
    CENTRAL PARK CONSERVANCY INC
    3× · 2021–2024 · $3.0M · revenue +0%
  • RF
    Research Foundation of the City University of New York
    4× · 2021–2025 · $2.0M · revenue +33%
  • TD
    THE DOOR - A CENTER OF ALTERNATIVES INC
    6× · 2020–2025 · $1.6M · revenue +36%

Funded once

  • GS
    GEORGIA STATE UNIVERSITY
    one grant, 2023 · $500k
  • BI
    BEHAVIORAL IDEAS LAB INC
    one grant, 2022 · $347k · revenue -23%
  • EL
    EMERGING LEADERS PROGRAM
    one grant, 2021 · $340k
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
School in the Square Public Charter School

School in the square ("s2") engages, educates and empowers adolescents to respond mindfully and creatively to life's opportunities and challenges. s2 is a place where students, families and educators are seen, heard, and inspired and where…

Education
2
Manhattanville University

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

Education
3
Bronx Charter School for Excellence

Excellence community schools prepares young people in new york city and stamford to compete for admission to and succeed in top public, private and parochial high schools by cultivating their intellectual, artistic, social, emotional, and…

Education
4
The Peak School

The peak school seeks to ignite a passion for learning, to develop students of diverse talents and backgrounds who think critically and act with integrity, and to graduate compassionate, confident, capable students who will embrace their…

Education
5
Uncommon New York City Charter Schools

Uncommon new york city charter schools operates outstanding urban public schools that close the opportunity gap and prepare students from low-income communities to graduate from college.

Education
6
New York School of Interior Design

New york school of interior design provides the most innovative, immersive, and transformative interior design education in the world, demonstrating the impact of professionally designed interiors on the health, happiness, and well-being…

Education
7
Fordham University

Fordham university, the jesuit university of new york, is committed to the discovery of wisdom and the transmission of learning, through research and through education of the highest quality. for more information, see schedule o.

Education
8
The Baruch College Fund

The baruch college fund is an organization engaged in generating, encouraging and promoting the educational welfare of the students of the bernard m. baruch college of the city university of new york.

Education
9
Luria Academy of Brooklyn

Luria academy is a child-centered environment dedicated to academic excellence and a sophisticated knowledge of jewish text and jewish heritage. located in the prospect heights neighborhood of brookly, luria academy is a jewish…

Education
10
Boston Architectural College

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

—
11
Ie New York College

(see schedule o)

Education
12
Albright College

As a diverse community of learners, we cultivate integrity, curiosity, connection and resilience.

Education
How this is measured
The grantee most central to the portfolio’s shape is Expanded Schools Inc; the most unlike its peers is Maria I New Childrens Hormone Foundation Inc Co R Tucker Tucker & Latifi Llp. 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

179 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. 179 of the 270 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.

9
Load-bearing (≥25% of a budget)
40
Early backer (in before they grew)
177/179
Grantees still filing
113/179
Grew since first funded

Where the money sits, by cause and then by grantee

Research Foundation of the City University of New York: $2,012,411 · EducationResearch Foundation of the City Uni…FLORIDA ATLANTIC UNIVERSITY FOUNDATION INC: $1,500,000 · EducationFLORIDA ATLANTIC UNIVERSITY FOUNDAT…AMERICA NEEDS YOU: $1,235,760 · EducationTHE BROOKLYN COLLEGE FOUNDATION INC: $1,195,432 · EducationREAD ALLIANCE INC: $1,151,208 · EducationNEW VISIONS FOR PUBLIC SCHOOLS INC: $1,094,473 · EducationARRAY EDUCATION INC: $1,010,000 · EducationSUCCESS ACADEMY CHARTER SCHOOLS INC: $1,000,000 · EducationACHIEVE MIAMI INC: $930,000 · EducationLITERACY ACADEMY COLLECTIVE INC: $909,060 · Education+44 more: $11,658,315 · Education+44 moreMERIT AMERICA: $1,800,000 · OtherMERIT AMERICATHE DOOR - A CENTER OF ALTERNATIVES INC: $1,565,020 · OtherTHE DOOR - A CENTER OF ALTERNATIVES INCTHE NEW JEWISH HOME: $1,003,208 · OtherTHE BOTTOM LINE INC: $950,229 · OtherFRIENDS OF KAREN INC: $1,335,000 · Other+91 more: $21,314,852 · Other+91 moreMERIT AMERICA: $1,481,350 · Human ServicesMERIT AMERI…THE TEAK FELLOWSHIP INC: $1,050,000 · Human ServicesTHE TEAK FE…EXPANDED SCHOOLS INC: $750,000 · Human ServicesEXPANDED SC…SPRINGBOARD COLLABORATIVE: $610,000 · Human ServicesSPRINGBOARD…COMMONPOINT NY INC: $580,000 · Human ServicesCOMMONPOINT…HENRY STREET SETTLEMENT: $556,300 · Human ServicesHENRY STREE…JEWISH COMMUNITY CENTER OF SI INC: $555,900 · Human ServicesJEWISH COMM…The Inspired Community Project Inc: $550,000 · Human ServicesThe Inspire…HOT BREAD KITCHEN LTD: $425,000 · Human ServicesHOT BREAD K…YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER NEW YORK: $329,300 · Human Services+4 more: $659,442 · Human Services+4 moreCENTRAL PARK CONSERVANCY INC: $3,000,000 · Recreation & SportsROW NEW YORK INC: $963,892 · Recreation & SportsEAST SIDE HOUSE INC: $400,000 · Recreation & SportsSouth Bronx United Inc: $397,600 · Recreation & SportsBRONX LACROSSE INC CO OTA: $364,500 · Recreation & SportsASPHALT GREEN INC: $200,872 · Recreation & Sports+2 more: $200,234 · Recreation & SportsARBOR BROTHERS INC DBA ARBOR RISING: $1,150,000 · PhilanthropyFUND FOR THE CITY OF NEW YORK INC: $1,100,000 · PhilanthropyPARTNERSHIP FOR INNER CITY EDUCATION DBA PARTNERSHIP SCHOOLS: $750,000 · PhilanthropyBATTIER TAKE CHARGE FOUNDATION: $422,590 · PhilanthropySTUDENT LEADERSHIP NETWORK INC: $305,764 · PhilanthropyBOROUGH OF MANHATTAN COMMUNITY COLLEGE FOUNDATION INC: $200,000 · PhilanthropySEACHANGE CAPITAL PARTNERS INC: $200,000 · Philanthropy+2 more: $200,000 · PhilanthropyCHILDREN'S MUSEUM OF MANHATTAN: $675,333 · Arts & CultureEPIC THEATRE CENTER INC: $485,000 · Arts & CultureMIAMI CITY BALLET INC: $450,000 · Arts & CultureMIAMI MUSIC PROJECT INC: $400,000 · Arts & CultureNATIONAL DANCE INSTITUTE: $370,000 · Arts & CultureSTEM FROM DANCE INC: $195,000 · Arts & CultureTHE 74 MEDIA INC: $150,365 · Arts & CultureMUSEUM OF JEWISH HERITAGE A LIVING MEMORIAL TO THE HOLOCAUST: $100,000 · Arts & CultureFACING HISTORY & OURSELVES INC: $100,000 · Arts & CultureNEW HEIGHTS YOUTH INC: $603,000 · Youth DevelopmentEXALT YOUTH: $450,000 · Youth DevelopmentAMERICA'S PROMISE THE ALLIANCE FOR YOUTH: $400,000 · Youth DevelopmentREEL STORIES TEEN FILMMAKING INC: $364,000 · Youth DevelopmentNEW COMMUNITY PROJECT INC: $225,000 · Youth DevelopmentPEER HEALTH EXCHANGE INC: $200,000 · Youth DevelopmentBRAVEN INC: $150,000 · Youth DevelopmentThe Bridge Golf Foundation: $120,700 · Youth DevelopmentNAVIGATE THE MAZE TO ACHIEVEMENT INC: $100,000 · Youth DevelopmentNYC SALT INC: $100,000 · Youth Development
Education$23,696,659Other$27,968,309Human Services$7,547,292Recreation & Sports$5,527,098Philanthropy$4,328,354Arts & Culture$2,925,698Youth Development$2,712,700

Showing the 200 largest grantees by grant value.

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 budgetCENTRAL PARK CONSERVANCY INC: $3,000,000 over 3y, 0.9% of budgetResearch Foundation of the City University of New York: $2,012,411 over 4y, 0.2% of budgetTHE DOOR - A CENTER OF ALTERNATIVES INC: $1,565,020 over 6y, 1.3% of budgetFLORIDA ATLANTIC UNIVERSITY FOUNDATION INC: $1,500,000 over 6y, 0.7% of budgetFRIENDS OF KAREN INC: $1,335,000 over 6y, 5.9% of budgetAMERICA NEEDS YOU: $1,235,760 over 6y, 7.2% of budgetTHE BROOKLYN COLLEGE FOUNDATION INC: $1,195,432 over 3y, 3.6% of budgetREAD ALLIANCE INC: $1,151,208 over 4y, 12% of budgetARBOR BROTHERS INC DBA ARBOR RISING: $1,150,000 over 2y, 25% of budgetFUND FOR THE CITY OF NEW YORK INC: $1,100,000 over 4y, 0.6% of budgetNEW VISIONS FOR PUBLIC SCHOOLS INC: $1,094,473 over 3y, 2.0% of budgetTHE TEAK FELLOWSHIP INC: $1,050,000 over 6y, 4.4% of budgetARRAY EDUCATION INC: $1,010,000 over 2y, 2.1% of budgetSUCCESS ACADEMY CHARTER SCHOOLS INC: $1,000,000 over 1y, 0.5% of budgetROW NEW YORK INC: $963,892 over 5y, 8.4% of budgetTHE BOTTOM LINE INC: $950,229 over 6y, 2.3% of budgetACHIEVE MIAMI INC: $930,000 over 5y, 19% of budgetNPOWER INC: $830,000 over 4y, 0.8% of budgetSUNY IMPACT FOUNDATION INC: $752,200 over 2y, 3.4% of budgetEXPANDED SCHOOLS INC: $750,000 over 3y, 1.7% of budgetPARTNERSHIP FOR INNER CITY EDUCATION DBA PARTNERSHIP SCHOOLS: $750,000 over 3y, 1.4% of budgetTHE FUND FOR PUBLIC SCHOOLS INC: $720,682 over 4y, 1.1% of budgetTHE GO PROJECT INC: $703,000 over 6y, 35% of budgetCHILDREN'S MUSEUM OF MANHATTAN: $675,333 over 6y, 5.4% of budgetTHE POSSE FOUNDATION INC: $650,000 over 2y, 0.3% of budgetSPRINGBOARD COLLABORATIVE: $610,000 over 2y, 1.8% of budgetNEW HEIGHTS YOUTH INC: $603,000 over 5y, 5.9% of budgetBREAKTHROUGH MIAMI INC: $600,000 over 6y, 3.5% of budgetST NICKS ALLIANCE CORPORATION: $600,000 over 3y, 0.4% of budgetCOMMONPOINT NY INC: $580,000 over 3y, 0.3% of budgetHENRY STREET SETTLEMENT: $556,300 over 3y, 0.4% of budgetJEWISH COMMUNITY CENTER OF SI INC: $555,900 over 3y, 0.5% of budgetThe Inspired Community Project Inc: $550,000 over 2y, 76% of budgetGETTING OUT AND STAYING OUT INC: $500,000 over 5y, 2.3% of budgetCRISTO REY MIAMI HIGH SCHOOL INC: $500,000 over 5y, 9.2% of budgetFRIENDS OF CENTRAL PARK EAST HIGH SCHOOL: $486,403 over 5y, 62% of budgetEPIC THEATRE CENTER INC: $485,000 over 6y, 12% of budgetITHAKA HARBORS INC: $471,950 over 3y, 0.2% of budgetEXALT YOUTH: $450,000 over 6y, 3.7% of budgetMARCY LAB INC: $450,000 over 3y, 4.4% of budgetMIAMI CITY BALLET INC: $450,000 over 3y, 0.8% of budgetUASPIRE INC: $441,649 over 2y, 2.2% of budgetHOT BREAD KITCHEN LTD: $425,000 over 3y, 1.8% of budgetDRIVE CHANGE INC: $425,000 over 3y, 5.6% of budgetBATTIER TAKE CHARGE FOUNDATION: $422,590 over 4y, 34% of budgetSTUDENTSPONSOR PARTNERS INC: $416,769 over 3y, 1.6% of budgetTEACHING MATTERS INC: $413,925 over 3y, 1.9% of budgetFJC: $413,800 over 2y, 0.6% 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.

Pinkerton FoundationRobin Hood FoundationThe Hyde and Watson F…The New York Communit…Tiger FoundationCarson Family Charita…Altman FoundationGates FoundationGray FoundationThe Goldman Sachs Cha…Arbor Brothers Inc Db…New Schools Fund
Pinkerton FoundationNY57.5× affinity27 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Pinkerton Foundation · Robin Hood Foundation · The Hyde and Watson Foundation · The New York Community Trust · Tiger Foundation · Carson Family Charitable Trust · Altman Foundation · Gates Foundation · Gray Foundation · The Goldman Sachs Charitable Gift Fund · Arbor Brothers Inc Dba Arbor Rising · New Schools Fund

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 Heckscher Foundation for Children funds: left to right is the share of its income from government, bottom to top the share from The Heckscher Foundation for Children. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 90%6%23%51%90%funder's share of their income ↑0%19%38%56%75%share of the org’s income from government →median 2%
  • Kristi House Inc: 49% of income from government
  • Children's Hospital Corporation: 10% of income from government
  • Miami Music Project Inc: 2% of income from government
  • Uaspire Inc: 1% of income from government
  • The Bottom Line Inc: 0% of income from government
  • Achievement First Inc: 0% of income from government
no gov moneyreceives it· size = income
9get no government money at all
51report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–75%
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 Heckscher Foundation for Children?

Find your warmest path to The Heckscher Foundation for Children 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 270 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

Play a game based on Heckscher Foundation for Children’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