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· Private foundation

The Next Edison

Its FY2024 filing reports that it accepted unsolicited grant applications.

$382k
Granted FY2024still arriving
8
Grants FY2024still arriving
2
States reached
$300k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2024.

Education$1.1MReligion$73kEnvironment$35kInternational$27kHousing & Shelter$19kHuman Services$17kYouth Development$10kHealth$5kOther$0
02FY2024 · 8 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k4 grants · $17k
  • $10k–50k3 grants · $65k
  • $250k+1 grant · $300k
$15,000
Median grant
2
States reached
$3.0M
Total assets
Largest grants
RecipientAmount
UNIV OF MN FOUNDATION$300,000
WOLF RIDGE ENV LEARNING CTR$25,000
CATHOLIC SERVICES APPEAL$25,000
MINNEAPOLIS NATURE PRESCHOOL$15,000
ARIZONA STATE UNIVERSITY$9,021
ASCENSION CATHOLIC SCHOOL$5,000
NORTH MEMORIAL HOSPITAL$1,508
DOLLARS FOR DEB$1,000
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:

Dollar for dollar, its grants (FY18–24) land where the poverty rate runs at 11%, against an area that typically sits at 8%. 100% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%ARIZONA ST UNIVERSITY: $15k → 11%ALBERTVILLE MEADOWS APARTMENTS: $1k → 5%DOLLARS FOR DEB: $1k → 6%WOLF RIDGE ENV LEARNING CTR: $25k → 8%ST JOHN'S CATHOLIC CHURCH: $4k → 9%UNIV OF MN FOUNDATION: $300k → 11%OLIVIA HOSPITAL: $2k → 11%CATHOLIC SERVICES APPEAL: $25k → 14%ARMED SERVICES YMCA: $5k → 16%UNIV OF WIRIVER FALLS: $7k → 9%OREGON ST UNIVERSITY: $34k → 18%ARMED SERVICES YMCA: $2k → 7%PROJECT HAITI: $15k → 11%WOLF RIDGE ENV LEARNING CTR: $10k → 8%UNIV OF MN FOUNDATION: $170k → 11%METROPOLITAN STATE UNIVERSITY: $4k → 14%OREGON ST UNIVERSITY: $4k → 18%PROJECT HAITI: $12k → 11%UNIV OF MN FOUNDATION: $170k → 11%METROPOLITAN ST UNIV: $4k → 14%UNIV OF MN FOUNDATION: $120k → 11%UNIVERSITY OF ST THOMAS: $15k → 14%UNIVERSITY OF MINNESOTA: $45k → 11%ST PAUL SEMINARY: $10k → 14%UNIV OF MN FOUNDATION: $30k → 11%HIGHLAND CATHOLIC SCHOOL: $30k → 14%UNIVERSITY OF MINNESOTA: $30k → 11%UNIVERSITY OF ST THOMAS: $8k → 14%UNIVERSITY OF MINNESOTA: $15k → 11%HIGHLAND CATHOLIC SCHOOL: $25k → 14%UNIVERSITY OF MINNESOTA: $15k → 11%SAINT PAUL SEMINARY: $5k → 14%INTERFAITH OUTREACH: $10k → 11%LUMEN CHRISTI: $5k → 14%CITY OF PLYMOUTH: $87 → 11%ST PAUL SEMINARY: $1k → 14%MINNEAPOLIS NATURE PRESCHOOL: $15k → 11%LUMEN CHRISTI: $2k → 14%CATHOLIC SERVICES APPEAL: $14k → 11%CATHOLIC SERVICES APPEAL: $12k → 11%BIG BROTHERSBIG SISTERS: $10k → 11%ST JUDE HOSPITAL: $200 → 11%NORTH MEMORIAL HOSPITAL: $2k → 11%ASCENSION CATHOLIC SCHOOL: $5k → 11%CAN DO CANINES: $1k → 11%NOTRE DAME ACADEMY: $1k → 11%ACCREDITED SCHOOL OF NURSING: $850 → 11%LAKE STREET COUNCIL: $2k → 11%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
WI
OR
SD
CA
VA
AZ
OK
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.

92%of every dollar goes to organizations it has funded before.
$1.2M · 13 repeat orgs$103k to everyone else

Grantees it renews have grown median revenue +137% since the first grant, against -10% for those funded once.

13 repeat relationships: 4 still active in FY2024, 9 since wound down; 4 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

13
24

Total granted

$1.2M
$81k

Median revenue growth · since first grant

+137%
-10%

Still filing today

15%
13%

New vs renewed · share of each year

In FY2024, 94% of grant dollars renewed an existing relationship; $23k went to new ones.

50%100%’18’19’20’21’22’23’24
RenewedFirst-time

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

’18’19’20’21’22’23’24
EducationCommunity ImprovementOther
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

  • UO
    UNIVERSITY OF MINNESOTA FOUNDATION
    5× · 2020–2024 · $790k · revenue +137%
  • UO
    UNIVERSITY OF MINNESOTA
    4× · 2020–2023 · $105k
  • HC
    HIGHLAND CATHOLIC SCHOOL
    2× · 2019–2023 · $55k

Funded once

  • AS
    ARIZONA ST UNIVERSITY
    one grant, 2020 · $15k
  • IO
    INTERFAITH OUTREACH AND COMMUNITY PARTNERSgraduated
    one grant, 2020 · $10k · revenue +29%
  • BB
    BIG BROTHERSBIG SISTERS
    one grant, 2020 · $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
04the grantee network

6 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. 6 of the 41 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)
0
Early backer (in before they grew)
6/6
Grantees still filing
4/6
Grew since first funded

Where the money sits, by cause and then by grantee

UNIVERSITY OF MINNESOTA FOUNDATION: $790,000 · EducationUNIVERSITY OF MINNESOTA FOUNDATION+2 more: $37,699 · EducationUNIVERSITY OF MINNESOTA: $105,000 · OtherUNIVERSITY OF MINNESOTAHIGHLAND CATHOLIC SCHOOL: $55,000 · OtherHIGHLAND CATHOLIC SCHOOLCATHOLIC SERVICES APPEAL: $51,000 · OtherCATHOLIC SERVICES APPEALOREGON ST UNIVERSITY: $37,450 · OtherOREGON ST UNIVERSITYWOLF RIDGE ENV LEARNING CTR: $35,000 · OtherWOLF RIDGE ENV LEARNING CTRARIZONA STATE UNIVERSITY: $29,021 · OtherARIZONA STATE UNIVERSITYPROJECT HAITI: $27,000 · OtherPROJECT HAITI+30 more: $123,445 · Other+30 moreLake Street Council: $2,000 · Community Improvement
Education$827,699Other$462,916Community Improvement$2,000

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 budgetUNIVERSITY OF MINNESOTA FOUNDATION: $790,000 over 5y, 0.1% of budgetUniversity of St Thomas: $22,699 over 2y, 0.0% of budgetMinneapolis Nature Preschool: $15,000 over 1y, 5.8% of budgetINTERFAITH OUTREACH AND COMMUNITY PARTNERS: $10,000 over 1y, 0.1% of budgetLake Street Council: $2,000 over 1y, 0.0% of budgetCAN DO CANINES: $1,000 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 UNIVERSITY OF MINNESOTA FOUNDATION ↗
  • Who funds University of St Thomas ↗
  • Who funds Minneapolis Nature Preschool ↗
  • Who funds INTERFAITH OUTREACH AND COMMUNITY PARTNERS ↗
  • Who funds Lake Street Council ↗
  • Who funds CAN DO CANINES ↗

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.

Catholic Community Foundation of MinnesotaMN13.5× affinity4 shared granteesties to 2 of 2Hover any node to trace its alignments.Compare side by side →

Open a dossier: Catholic Community Foundation of Minnesota · Saint Paul & Minnesota Foundation · Donor Advised Charitable Giving 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 Next Edison funds: left to right is the share of its income from government, bottom to top the share from The Next Edison. 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%3%5%8%10%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    3report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–10%
    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 41 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

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