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· Private foundation

The Midgard Foundation

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.

$274k
Granted FY2025still arriving
22
Grants FY2025still arriving
9
States reached
$125k
Largest
01What it funds
0198% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Food & Nutrition$215kCrime & Legal$158kEducation$152kArts & Culture$148kAnimals$95kHousing & Shelter$69kReligion$16kHuman Services$15kOther$0
02FY2025 · 22 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k15 grants · $34k
  • $10k–50k6 grants · $115k
  • $50k–250k1 grant · $125k
$2,500
Median grant
9
States reached
$2.2M
Total assets
Largest grants
RecipientAmount
PISGAH LEGAL SERVICE$125,000
UNIVERSITY OF NORTH CAROLINA ASHEVILLE$40,000
MANNA FOOD BANK$25,000
MEALS ON WHEELS OF BUNCOMBE COUNTY$20,000
ASHEVILLE HUMANE SOCIETY$10,000
WARREN WILSON COLLEGE$10,000
NEIGHBORS IN NEED$10,000
AFRICAN AQUATIC CONSERVATION FUND$4,000
AFRICAN AQUATIC CONSERVATION FUND$4,000
YWCA NORTHEASTERN MASSACHUSETTS$4,000
Individual grant recipient$2,500
DEERWOOD FOUNDATION$2,500
ANIMAL KIND INTERNATIONAL$2,500
ARTIS-NAPLES$2,500
HAYWOOD STREET CONGREGATION$2,500
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, $11k) land where the poverty rate runs at 9%, against an area that typically sits at 8%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%NEW LONDON HOMELESS HOSPITALITY CENTER: $5k → 9%NEW LONDON HOMELESS HOSPITALITY CENTER: $4k → 9%NEW LONDON HOMELESS HOSPITALITY CENTER: $2k → 9%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

NH
MT
MA
CT
CO
NM
TN
NC
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.

88%of every dollar goes to organizations it has funded before.
$1.1M · 28 repeat orgs$145k to everyone else

Grantees it renews have grown median revenue +110% since the first grant, against +27% for those funded once.

28 repeat relationships: 17 still active in FY2025, 11 since wound down; 5 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

28
7

Total granted

$1.1M
$96k

Median revenue growth · since first grant

+110%
+27%

Still filing today

61%
43%

New vs renewed · share of each year

In FY2025, 82% of grant dollars renewed an existing relationship; $50k 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
Arts & CultureAnimalsFood & NutritionHousing & ShelterEducationCrime & LegalOther
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

  • PL
    PISGAH LEGAL SERVICES
    6× · 2020–2025 · $283k · revenue +139%
  • MANNA FOOD BANK INC
    6× · 2020–2025 · $178k · revenue +153%
  • AH
    ASHEVILLE HUMANE SOCIETY INC
    6× · 2020–2025 · $59k · revenue +138%

Funded once

  • UO
    University of North Carolina Asheville R W Weatherhead International Schol
    one grant, 2023 · $40k
  • IG
    Individual grant recipient
    one grant, 2024 · $40k
  • AM
    Asheville Museum of History
    one grant, 2023 · $5k
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
Asheville Area Arts Council

The mission of artsavl is to keep the arts at the heart of our community. the arts council fulfills its mission by supporting arts professionals and businesses in buncombe county through connection, advocacy, and grants.

Arts & Culture
2
Asheville Museum of Science

The asheville museum of science (amos) is western north carolina's home for experiential science learning, discovery, and exploration. amos strives to spark the imagination and foster lifelong curiosity.

Arts & Culture
3
Akashinga Inc

Deliver ecological stability and long-term protection of large-scale wilderness by supporting and empowering local communities.

Animals
4
North Carolina Azalea Festival at Wilmin

The North Carolina Azalea Festival celebrates our community's art, gardens, history, and culture through educational, recreational, and family-friendly events that promote volunteerism, civic pride, and regional economic growth.

Arts & Culture
5
Brother Wolf Animal Rescue Inc

Brother Wolf Animal Rescues mission is to better the lives of companion animals and the people who love them.

Animals
6
Friends of the Wnc Nature Center Inc

The Friends is a conservation organization that inspires a passion to know more, care more, and do more for the wildlife of the Southern Appalachians. We advance the critical work of the Nature Center through fundraising, membership,…

—
7
Humane Society of Charlotte Inc

Humane Society of Charlotte mission is to champion the wellbeing of companion animals and strengthen their bond with the people who know, love, and need them.

Animals
8
The American Society for the Prevention of Cruelty to Animals

The aspca's mission, as stated by founder henry bergh in 1866, is "to provide effective means for the prevention of cruelty to animals throughout the united states." the aspca was founded on the belief that animals are entitled to kind and…

Animals
9
The Center for Craft Creativity & Design Inc

To resource, catalyze, and amplify how and why craft matters.

Arts & Culture
10
Asheville Glass Art School

The North Carolina Glass Center is dedicated to education, exploration and collaboration in all forms of glass.

Education
11
Yancey County Humane Society

Our mission is to shelter, rehabilitate and adopt stray and unwanted dogs and cats of Yancey County into permanent loving homes and provide compassionate, humane and educational services to improve animal welfare.

Animals
12
Conservation Trust for North Carolina

Ctnc conserves land in ways that inspire and enable people to build resilient, just communities. we carry out our mission in collaboration with other conservation organizations and the communities we serve. our goal is to lessen the…

Environment
How this is measured
The grantee most central to the portfolio’s shape is The Elephant Sanctuary in Tennessee; the most unlike its peers is Colorado Mountain Bike Association. 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

22 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. 22 of the 40 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)
10
Early backer (in before they grew)
22/22
Grantees still filing
17/22
Grew since first funded

Where the money sits, by cause and then by grantee

UNIVERSITY OF NORTH CAROLINA AT ASHEVILLERW WEATHERHEAD SCHOLARSHIPS: $50,000 · OtherUNIVERSITY OF NORTH CAROLINA AT ASHE…MEALS ON WHEELS OF BUNCOMBE COUNTY: $45,000 · OtherMEALS ON WHEELS OF BUNCOMBE COUNTYWARREN WILSON COLLEGERW WEATHERHEAD: $40,000 · OtherWARREN WILSON COLLEGERW WEATHERHEADUNIVERSITY OF NORTH CAROLINA ASHEVILLE: $40,000 · OtherUNIVERSITY OF NORTH CAROLINA ASHEVIL…University of North Carolina Asheville R W Weatherhead International Schol: $40,000 · OtherUniversity of North Carolina Ashevil…Individual grant recipient: $40,000 · OtherIndividual grant recipientYWCA NORTHEASTERN MASSACHUSETTS INC: $17,500 · OtherDeerwood Foundation: $14,000 · OtherFIRST CONGREGATIONAL CHURCH OF OLD LYME: $13,000 · Other+16 more: $86,500 · Other+16 morePISGAH LEGAL SERVICES: $282,500 · Crime & LegalPISGAH LEGAL SERVICESMANNA FOOD BANK INC: $178,000 · Food & NutritionMANNA FOOD BANK INCNEIGHBORS IN NEED INC: $35,000 · Food & NutritionNEIGHBORS IN NEED IN…Asheville Art Museum Association Inc: $130,000 · Arts & CultureAsheville Art…ARTIS-NAPLES INC: $13,500 · Arts & CultureARTIS-NAPLES …+2 more: $3,500 · Arts & CultureASHEVILLE HUMANE SOCIETY INC: $58,900 · AnimalsASHEVILLE…AFRICAN AQUATIC CONSERVATION FUND INC: $28,000 · AnimalsAFRICAN A…THE ELEPHANT SANCTUARY IN TENNESSEE: $8,600 · AnimalsTHE ELEPH…+1 more: $1,000 · AnimalsBELOVED ASHEVILLE: $53,500 · Housing & ShelterWESTERN CAROLINA RESCUE MINISTRIES INC: $3,000 · Housing & ShelterWARREN WILSON COLLEGE: $20,000 · EducationOpen Doors of Asheville Inc: $3,500 · Education
Other$386,000Crime & Legal$282,500Food & Nutrition$213,000Arts & Culture$147,000Animals$96,500Housing & Shelter$56,500Education$23,500

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

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetPISGAH LEGAL SERVICES: $282,500 over 6y, 0.4% of budgetMANNA FOOD BANK INC: $178,000 over 6y, 0.2% of budgetAsheville Art Museum Association Inc: $130,000 over 3y, 1.3% of budgetASHEVILLE HUMANE SOCIETY INC: $58,900 over 6y, 0.2% of budgetBELOVED ASHEVILLE: $53,500 over 4y, 1.4% of budgetNEIGHBORS IN NEED INC: $35,000 over 6y, 0.8% of budgetAFRICAN AQUATIC CONSERVATION FUND INC: $28,000 over 5y, 7.5% of budgetWARREN WILSON COLLEGE: $20,000 over 2y, 0.0% of budgetYWCA NORTHEASTERN MASSACHUSETTS INC: $17,500 over 4y, 0.1% of budgetARTIS-NAPLES INC: $13,500 over 6y, 0.0% of budgetNEW LONDON HOMELESS HOSPITALITY CENTER: $11,000 over 3y, 0.2% of budgetANIMAL-KIND INTERNATIONAL: $10,500 over 6y, 1.6% of budgetTHE ELEPHANT SANCTUARY IN TENNESSEE: $8,600 over 6y, 0.0% of budgetASHEVILLE CITY SCHOOLS FOUNDATION INC: $8,000 over 2y, 0.4% of budgetMemoryCare Inc: $5,500 over 6y, 0.0% of budgetJOURNEYMEN INC: $4,500 over 3y, 1.7% of budgetOpen Doors of Asheville Inc: $3,500 over 1y, 0.3% of budgetWESTERN CAROLINA RESCUE MINISTRIES INC: $3,000 over 1y, 0.1% of budgetGOLISANO CHILDREN'S MUSEUM OF NAPLES INC: $1,500 over 3y, 0.0% of budgetFriends of Strays Inc: $1,000 over 1y, 0.1% of budgetColorado Mountain Bike Association: $1,000 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 PISGAH LEGAL SERVICES ↗
  • Who funds MANNA FOOD BANK INC ↗
  • Who funds Asheville Art Museum Association Inc ↗
  • Who funds ASHEVILLE HUMANE SOCIETY INC ↗
  • Who funds BELOVED ASHEVILLE ↗
  • Who funds NEIGHBORS IN NEED INC ↗
  • Who funds AFRICAN AQUATIC CONSERVATION FUND INC ↗
  • Who funds WARREN WILSON COLLEGE ↗
  • Who funds YWCA NORTHEASTERN MASSACHUSETTS INC ↗
  • Who funds ARTIS-NAPLES INC ↗
  • Who funds NEW LONDON HOMELESS HOSPITALITY CENTER ↗
  • Who funds ANIMAL-KIND INTERNATIONAL ↗
  • Who funds THE ELEPHANT SANCTUARY IN TENNESSEE ↗
  • Who funds ASHEVILLE CITY SCHOOLS FOUNDATION INC ↗
  • Who funds MemoryCare Inc ↗
  • Who funds JOURNEYMEN INC ↗
  • Who funds Open Doors of Asheville Inc ↗
  • Who funds WESTERN CAROLINA RESCUE MINISTRIES INC ↗
  • Who funds Salt Marsh Opera Company ↗
  • Who funds GOLISANO CHILDREN'S MUSEUM OF NAPLES INC ↗
  • Who funds Friends of Strays Inc ↗
  • Who funds Colorado Mountain Bike Association ↗

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.

Richard Eckerd Foundation IncNC17.8× affinity6 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Richard Eckerd Foundation Inc · Dogwood Health Trust · The Community Foundation of Western North Carolina Inc · The Cannon Foundation Inc · The Frances & William H Beattie Fdn · The Goodman Foundation Inc · Community Foundation of Henderson County Inc · Wnc Bridge Foundation · Raymond James Charitable Endowment Fund · American Endowment Foundation · The Pfizer Foundation Inc · Paypal Charitable Giving 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 Midgard Foundation funds: left to right is the share of its income from government, bottom to top the share from The Midgard Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%23%45%68%90%share of the org’s income from government →median 47%
  • African Aquatic Conservation Fund Inc: 55% of income from government
  • New London Homeless Hospitality Center: 47% of income from government
  • Ywca Northeastern Massachusetts Inc: 5% of income from government
  • Neighbors in Need Inc: 3% of income from government
no gov moneyreceives it· size = income
0get no government money at all
7report government grants on their 990 we could not trace to a source (not plotted)
1rely on government for over half their income
⤢ axis zoomed · 0–90%
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 40 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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