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The Nature Conservancy at a glanceMostly funded, not a grantmaker: see who funds it →

· Public charity

The Nature Conservancy

The mission of THE NATURE CONSERVANCY is to conserve the lands and waters on which all life depends.

$180M
Granted FY2025still arriving
671
Grants FY2025still arriving
51
States reached
$2.1M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
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 2025.

Environment$431MAnimals$20MPublic Benefit$3.5MArts & Culture$1.2MFood & Nutrition$562kCivil Rights$336kPublic Safety & Disaster$182kCommunity Improvement$181kOther$0
02FY2025 · 671 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 671 grants below total $67,830,125, the rows itemized in this filing. The $180,029,763 headline is the total grant expense on the return; the other $112,199,638 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2025

  • Under $10k68 grants · $517k
  • $10k–50k342 grants · $7.6M
  • $50k–250k204 grants · $22M
  • $250k+57 grants · $38M
$30,793
Median grant
51
States reached
$10.1B
Total assets
Largest grants
RecipientAmount
AMERICAN FOREST FOUNDATION$2,125,552
THE CONSERVATION FUND$1,921,184
MONGOLIAN NATURES LEGACY FOUNDATION$1,543,113
NO ON 2117 COMMITTEE$1,500,000
COMMODITY CREDIT CORPORATION$1,500,000
POLK COUNTY$1,500,000
THE PEW CHARITABLE TRUSTS$1,310,522
NATIONAL AUDUBON SOCIETY$1,297,950
WINDWARD FUND$1,265,905
MAINE COAST HERITAGE TRUST$1,080,274
AUDUBON NEW YORK$990,077
PANTHERA CORPORATION$948,355
UNIVERSITY OF CALIFORNIA SANTA BARBARA$885,391
THE WATERSHED RESEARCH AND TRAINING CENTER$862,966
UNIVERSITY OF WASHINGTON$847,869
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 (FY18–25, $1.2M) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 95% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%GREEN CITY FORCE INCORPORATED: $160k → 20%MOUNTAIN SEED FOUNDATION INC: $100k → 10%INDIAN LAND TENURE FOUNDATION: $180k → 11%EKVNV YEFOLECVLKE: $100k → 18%AMERICAS WATERSHED INITIATIVE: $140k → 11%WACCAMAW SIOUAN INDIAN TRIBE INC: $73k → 21%INDIAN LAND TENURE FOUNDATION: $100k → 11%INDIAN LAND TENURE FOUNDATION: $100k → 11%BUILD MISSOURI HEALTH: $75k → 21%VERMONT RIVER CONSERVANCY INC: $60k → 9%CENTER FOR GLOBAL DEVELOPMENT: $74k → 14%CENTER FOR GLOBAL DEVELOPMENT: $69k → 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

AK
ME
VT
NH
WA
ID
MT
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
AL
GA
TX
FL

Grants abroad, by region: $105M on the FY2025 return

Schedule F, as filed: 7 regions, $105M to organizations and $76k to individuals. The IRS asks for region and purpose, not the recipient, so no country or grantee can be named here.

North America (Canada and Mexico)$37M · 35% · 1 grant

Stated purpose: CONSERVATION ACTIVITIES

East Asia and the Pacific$26M · 25% · 1 grant

Stated purpose: CONSERVATION ACTIVITIES

Sub-Saharan Africa$18M · 17% · 1 grant

Stated purpose: CONSERVATION ACTIVITIES

Europe (including Iceland and Greenland)$9.0M · 9% · 1 grant

Stated purpose: CONSERVATION ACTIVITIES

South America$6.7M · 6% · 1 grant · 33 people

Stated purpose: CONSERVATION ACTIVITIES · ENTREPEUNEUR GRANTS

Central America and the Caribbean$4.6M · 4% · 1 grant

Stated purpose: CONSERVATION ACTIVITIES

South Asia$4.3M · 4% · 1 grant

Stated purpose: CONSERVATION ACTIVITIES

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. Grants abroad on Schedule F are filed by region, purpose and amount with no recipient name, so they are shown by region and cannot be placed on the country map or matched to a grantee.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

82%of every dollar goes to organizations it has funded before.
$367M · 898 repeat orgs$80M to everyone else

Grantees it renews have grown median revenue +37% since the first grant, against +14% for those funded once.

898 repeat relationships: 450 still active in FY2025, 448 since wound down; 205 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

898
778

Total granted

$367M
$63M

Median revenue growth · since first grant

+37%
+14%

Still filing today

71%
55%

New vs renewed · share of each year

In FY2025, 73% of grant dollars renewed an existing relationship; $17M 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
EnvironmentEducationAnimalsCommunity ImprovementArts & CultureHuman ServicesOther
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

  • BI
    BLUE INVESTMENTS FOR NATURE INC
    3× · 2021–2023 · $61M · revenue ×843 · 100% of their budget
  • AF
    AMERICAN FOREST FOUNDATION
    8× · 2018–2025 · $7.4M · revenue +66%
  • DU
    Ducks Unlimited Inc
    9× · 2017–2025 · $6.7M · revenue +99%

Funded once

  • SR
    SPRUCE ROOT INC
    one grant, 2023 · $8.0M
  • IG
    Individual grant recipient
    one grant, 2023 · $3.7M
  • SO
    STATE OF CALIFORNIA DEPT OF FISH AND WILDLIFE
    one grant, 2024 · $2.5M
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
Cascadia Wildlands

Cascadia wildlands defends and restores cacasia's wild ecosystems in the forests,in the courts, and in the streets. we envision vast old-growth forests, rivers full of wild salmon, wolves howling in the backcountry, a stable climate, and…

Environment
2
Land Conservancy of West Michigan

Our mission is conserving West Michigans ecologically critical land. We protect land by creating public nature preserves, providing support to communities and local governments in creating natural areas, and helping private landowners…

Environment
3
Sustainable Conservation

Sustainable Conservation advances the collaborative stewardship of Californias land, air, and water for the benefit of nature and people. For over three decades, Sustainable Conservation has built coalitions of people with different…

Environment
4
Wildlands Trust Inc

The wildlands trust works throughout southeastern massachusetts to conserve and permanently protect native habitats, farmland, and lands of high ecologic and scenic value that serve to keep our communities healthy and our residents…

Environment
5
Whatcom Land Trust

The mission of the Whatcom Land Trust is to preserve and protect wildlife habitat, scenic, agricultural and open space lands in Whatcom County for future generations by securing interests in land and promoting land stewardship.

Environment
6
Washington Forest Law Center

Dedicated to protecting the world's natural environment on behalf of the public by serving as a public interest law firm. refer to schedule o, part iii, line 4a, for list of litigated cases or advocacy work.

—
7
Center for Natural Lands Management

The mission of the center for natural lands management is (a) to conserve native species, their habitat and functioning ecosystems in perpetuity, (b) to own and/or manage lands in an ecologically beneficial manner consistent with local,…

Environment
8
Sudbury Valley Trustees Inc

Sudbury valley trustees, inc. ("the organization") works to protect natural areas and farmland for wildlife and people in the 36 communities that surround the sudbury, assabet, and concord rivers. the organization cares for some of the…

Environment
9
Northcoast Regional Land Trust

Northcoast regional land trust is dedicated to the protection of working landscapes, farms, forests and grazing lands, and to the preservation and protection of land for its natural, educational, scenic and historic values.

Food & Nutrition
10
Wildcoast

The mission of wildcoast is to conserve coastal and marine ecosystems and address climate change through natural solutions. our staff is dedicated to conserving threatened and endangered coastlines and wildlife in california and mexico.…

Environment
11
California Wildlife Foundation

The foundation works with diverse groups representing many interests to acquire and restore critical wildlife habitat and protecting species

Animals
12
Palouse Land Trust Inc

Our mission is to work with landowners and communities to conserve the lands we love, now and forever, and to enrich connections to the natural world.

Environment
How this is measured
The grantee most central to the portfolio’s shape is Mid Klamath Watershed Council; the most unlike its peers is Pfleger Institute of Environmental Research. 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

1275 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. 1275 of the 1,911 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.

69
Load-bearing (≥25% of a budget)
382
Early backer (in before they grew)
1237/1275
Grantees still filing
796/1275
Grew since first funded

Where the money sits, by cause and then by grantee

BLUE INVESTMENTS FOR NATURE INC: $60,570,000 · EnvironmentBLUE INVESTMENTS FOR NATURE INCAMERICAN FOREST FOUNDATION: $7,366,032 · EnvironmentDucks Unlimited Inc: $6,676,936 · EnvironmentOPEN SPACE INSTITUTE LAND TRUST INC: $6,542,595 · Environment+59 more: $74,156,961 · Environment+59 moreSPRUCE ROOT INC: $8,000,000 · OtherSPRUCE ROOT INCUNIVERSITY OF CALIFORNIA SANTA BARBARA: $5,398,243 · OtherUNIVERSITY OF WASHINGTON: $5,062,174 · OtherAGRICULTURAL RESEARCH SERVICE (USDA): $4,370,598 · Other+99 more: $103,521,561 · Other+99 moreTHE WATERSHED RESEARCH & TRAINING CENTER: $5,770,354 · EducationCornell University: $1,530,020 · EducationRANNEY SCHOOL: $1,407,205 · EducationNORTHEASTERN UNIVERSITY: $1,054,672 · EducationESF COLLEGE FOUNDATION INC: $685,900 · EducationDUKE UNIVERSITY: $610,107 · EducationTHE USMMA SAILING FOUNDATION INC: $600,000 · EducationGREENWAVE ORGANIZATION CORP: $490,163 · EducationVIRGINIA TECH FOUNDATION INC: $479,608 · EducationThe Trustees of Princeton University: $466,206 · EducationMURRAY STATE UNIVERSITY FOUNDATION INC: $455,556 · EducationThe Pew Charitable Trusts: $2,688,854 · PhilanthropyYAMPA VALLEY COMMUNITY FOUNDATION: $2,299,611 · PhilanthropyCOMMUNITY INITIATIVES: $1,991,668 · PhilanthropyFRIENDS OF THE VERDE RIVER: $1,891,520 · PhilanthropySoutheast Land Trust of New Hampshire: $670,054 · PhilanthropyPANTHERA CORPORATION: $1,461,362 · AnimalsTROUT UNLIMITED INC: $1,413,828 · AnimalsAtlantic Salmon Federation (US) Inc: $1,407,039 · AnimalsWildlife Conservation Society: $1,254,259 · AnimalsNATIONAL FISH AND WILDLIFE FOUNDATION: $791,370 · AnimalsPOINT REYES BIRD OBSERVATORY: $772,502 · AnimalsCALIFORNIA TROUT INC: $597,624 · AnimalsOREGON WILDLIFE HERITAGE FOUNDATION: $566,330 · AnimalsDOWNEAST SALMON FEDERATION: $495,251 · AnimalsTECHNOSERVE INC: $2,087,828 · InternationalRAINFOREST TRUST: $1,764,836 · InternationalPACIFIC INSTITUTE FOR STUDIES IN DEVELOPMENT ENVIRONMENT & SECURITY: $886,617 · InternationalEDEN PEOPLEPLANET: $524,000 · InternationalINDIANA AGRICULTURE NUTRIENT ALLIANCE INC: $2,291,489 · Food & NutritionAMERICAN FARMLAND TRUST: $547,394 · Food & NutritionCOLORADO CATTLEMEN'S AGRICULTURAL LAND TRUST: $540,000 · Food & NutritionEASTERN MARKET CORPORATION: $525,000 · Food & NutritionThe KKAC Organization: $453,356 · Food & Nutrition
Environment$155,312,524Other$126,352,576Education$13,549,791Philanthropy$9,541,707Animals$8,759,565International$5,263,281Food & Nutrition$4,357,239

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%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetBLUE INVESTMENTS FOR NATURE INC: $60,570,000 over 3y, 100% of budgetAMERICAN FOREST FOUNDATION: $7,366,032 over 8y, 12% of budgetDucks Unlimited Inc: $6,676,936 over 9y, 0.9% of budgetOPEN SPACE INSTITUTE LAND TRUST INC: $6,542,595 over 4y, 16% of budgetTHE WATERSHED RESEARCH & TRAINING CENTER: $5,770,354 over 9y, 21% of budgetADIRONDACK LAND TRUST INC: $5,022,997 over 5y, 11% of budgetFEATHER RIVER LAND TRUST: $4,430,368 over 6y, 60% of budgetNATIONAL AUDUBON SOCIETY INC: $3,904,588 over 9y, 1.2% of budgetTHE CONSERVATION FUND A NONPROFIT CORPORATION: $3,475,950 over 5y, 0.6% of budgetTRUCKEE DONNER LAND TRUST: $3,473,712 over 2y, 3.9% of budgetCoastal Rivers Conservation Trust: $3,348,136 over 5y, 2.5% of budgetTHE TRUST FOR PUBLIC LAND: $2,806,157 over 9y, 0.4% of budgetThe Pew Charitable Trusts: $2,688,854 over 3y, 0.3% of budgetBIRD ALLIANCE OF OREGON INC: $2,500,430 over 8y, 8.1% of budgetWINDWARD FUND: $2,417,115 over 5y, 0.2% of budgetYAMPA VALLEY COMMUNITY FOUNDATION: $2,299,611 over 3y, 6.4% of budgetINDIANA AGRICULTURE NUTRIENT ALLIANCE INC: $2,291,489 over 7y, 28% of budgetTECHNOSERVE INC: $2,087,828 over 4y, 0.6% of budgetAppalachian Mountain Club: $2,022,249 over 3y, 5.2% of budgetNo on 2117 Committee: $2,000,000 over 2y, 3.3% of budgetEARTHWATCH INSTITUTE INC: $2,000,000 over 4y, 21% of budgetCOMMUNITY INITIATIVES: $1,991,668 over 7y, 1.4% of budgetTHE FOREST STEWARDS GUILD: $1,913,330 over 9y, 16% of budgetFRIENDS OF THE VERDE RIVER: $1,891,520 over 8y, 30% of budgetForest Society of Maine: $1,791,226 over 3y, 20% of budgetRAINFOREST TRUST: $1,764,836 over 1y, 3.9% of budgetCHAMA PEAK LAND ALLIANCE: $1,701,032 over 9y, 67% of budgetCornell University: $1,530,020 over 9y, 0.0% of budgetSACRAMENTO VALLEY CONSERVANCY: $1,529,089 over 4y, 24% of budgetPANTHERA CORPORATION: $1,461,362 over 4y, 1.3% of budgetCOLUMBIA LAND TRUST: $1,421,892 over 6y, 7.3% of budgetSANTA BARBARA BOTANIC GARDEN: $1,419,542 over 6y, 24% of budgetTROUT UNLIMITED INC: $1,413,828 over 9y, 0.9% of budgetRANNEY SCHOOL: $1,407,205 over 2y, 6.3% of budgetAtlantic Salmon Federation (US) Inc: $1,407,039 over 8y, 9.9% of budgetThe Corps Network: $1,365,099 over 8y, 3.2% of budgetCALIFORNIANS FOR CLEAN WATER AND SAFE PARKS SPONSORED BY CONSERVATION GROUPS: $1,360,000 over 2y, 25% of budgetNATIONAL FOREST FOUNDATION: $1,353,782 over 5y, 1.0% of budgetCONSERVATION INTERNATIONAL FOUNDATION: $1,329,146 over 5y, 0.2% of budgetWESTERN FOOTHILLS LAND TRUST: $1,292,934 over 6y, 14% of budgetSOUTHERN OREGON LAND CONSERVANCY INC: $1,271,118 over 3y, 29% of budgetWildlife Conservation Society: $1,254,259 over 7y, 0.2% of budgetNEW YORK FUND FOR CONSERVATION INC CO The Nature Conservancy New York: $1,210,000 over 4y, 45% of budgetTULE BASIN LAND & WATER CONSERVATION TRUST: $1,209,070 over 3y, 6.2% of budgetLOMAKATSI RESTORATION PROJECT: $1,196,238 over 8y, 12% of budgetTHREE RIVERS LAND TRUST: $1,128,886 over 6y, 81% of budgetMaine Coast Heritage Trust: $1,111,974 over 2y, 0.1% of budgetPfleger Institute of Environmental Research: $1,106,755 over 8y, 25% 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 BLUE INVESTMENTS FOR NATURE INC ↗
  • Who funds AMERICAN FOREST FOUNDATION ↗
  • Who funds Ducks Unlimited Inc ↗
  • Who funds OPEN SPACE INSTITUTE LAND TRUST INC ↗
  • Who funds THE WATERSHED RESEARCH & TRAINING CENTER ↗
  • Who funds ADIRONDACK LAND TRUST INC ↗
  • Who funds FEATHER RIVER LAND TRUST ↗
  • Who funds NATIONAL AUDUBON SOCIETY INC ↗
  • Who funds THE CONSERVATION FUND A NONPROFIT CORPORATION ↗
  • Who funds TRUCKEE DONNER LAND TRUST ↗
  • Who funds Coastal Rivers Conservation Trust ↗
  • Who funds THE TRUST FOR PUBLIC LAND ↗
  • Who funds The Pew Charitable Trusts ↗
  • Who funds BIRD ALLIANCE OF OREGON INC ↗
  • Who funds WINDWARD FUND ↗
  • Who funds YAMPA VALLEY COMMUNITY FOUNDATION ↗
  • Who funds INDIANA AGRICULTURE NUTRIENT ALLIANCE INC ↗
  • Who funds TECHNOSERVE INC ↗
  • Who funds Appalachian Mountain Club ↗
  • Who funds No on 2117 Committee ↗
  • Who funds EARTHWATCH INSTITUTE INC ↗
  • Who funds COMMUNITY INITIATIVES ↗
  • Who funds THE FOREST STEWARDS GUILD ↗
  • Who funds FRIENDS OF THE VERDE RIVER ↗
  • Who funds Forest Society of Maine ↗
  • Who funds RAINFOREST TRUST ↗
  • Who funds CHAMA PEAK LAND ALLIANCE ↗

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.

Land Trust Alliance I…National Fish and Wil…Davis Conservation Fo…Open Space Institute …Resources Legacy FundNational Forest Found…PatagoniaorgThe Trust for Public …Bonneville Environmen…United States Endowme…Wilburforce FoundationFields Pond Foundatio…
Land Trust Alliance IncDC100.1× affinity89 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Land Trust Alliance Inc · National Fish and Wildlife Foundation · Davis Conservation Foundation · Open Space Institute Land Trust Inc · Resources Legacy Fund · National Forest Foundation · Patagoniaorg · The Trust for Public Land · Bonneville Environmental Foundation · United States Endowment for Forestry · Wilburforce Foundation · Fields Pond 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 Nature Conservancy funds: left to right is the share of its income from government, bottom to top the share from The Nature Conservancy. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 50%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 8%
  • Lomakatsi Restoration Project: 100% of income from government
  • Friends of Trees: 100% of income from government
  • Calapooia Watershed Council: 57% of income from government
  • Oregon Wildlife Heritage Foundation: 16% of income from government
  • The Trustees of Princeton University: 11% of income from government
  • McKenzie River Trust: 8% of income from government
  • Northeastern University: 7% of income from government
  • Mote Marine Laboratory Inc: 4% of income from government
  • Trustees of Clark University: 2% of income from government
  • Appalachian Mountain Club: 1% of income from government
  • Fish & Wildlife Foundation of Florida I: 1% of income from government
  • Bird Alliance of Oregon Inc: 0% of income from government
no gov moneyreceives it· size = income
5get no government money at all
34report government grants on their 990 we could not trace to a source (not plotted)
3rely 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.

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 1911 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 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 Nature Conservancy’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