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The Noel Foundation at a glanceAlso receives grants: funding profile →

· Private foundation

The Noel 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.

$60k
Granted FY2025still arriving
9
Grants FY2025still arriving
2
States reached
$25k
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, FY2018 to 2025.

Human Services$131kEducation$124kHousing & Shelter$53kInternational$38kFood & Nutrition$37kArts & Culture$29kPublic Safety & Disaster$28kHealth$24kOther$0
02FY2025 · 9 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k6 grants · $15k
  • $10k–50k3 grants · $45k
$5,000
Median grant
2
States reached
$1.3M
Total assets
Largest grants
RecipientAmount
THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG$25,000
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL$10,000
TEACH FOR AMERICA INC$10,000
COAST GUARD FOUNDATION INC$5,000
NORTH CAROLINA ARTS IN ACTION INC$5,000
MONTESSORI SCHOOL OF DURHAM$2,000
CARY ACADEMY$1,000
ELLERBEE CREEK$1,000
DIAPER TRAIN INC$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:

Its human-services grants (FY18–25, $157k) land where the poverty rate runs at 8%, against an area that typically sits at 10%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 10%INTER-FAITH FOOD SHUTTLE: $7k → 8%INTER-FAITH FOOD SHUTTLE: $5k → 8%INTER-FAITH FOOD SHUTTLE: $4k → 8%INTER-FAITH FOOD SHUTTLE: $4k → 8%INTER-FAITH FOOD SHUTTLE: $2k → 8%INTER-FAITH FOOD SHUTTLE: $1k → 8%SAINT SAVIOURS CENTER: $1k → 8%DIAPER TRAIN INC: $1k → 8%AMERICAN NATIONAL RED CROSS: $3k → 8%READ AND FEED: $1k → 8%THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG: $25k → 8%THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG: $25k → 8%THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG: $18k → 8%THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG: $17k → 8%THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG: $13k → 8%THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG: $13k → 8%THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG: $13k → 8%THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANG: $5k → 8%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
MN
IL
NY
PA
CT
MD
NC
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.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 14% of The Noel Foundation’s grant dollars are earmarked for a different county than the recipient’s own address.

The Noel Foundationlessmore of its giving
Placed by recipient address · 15% directed abroad (not shown)
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

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

84%of every dollar goes to organizations it has funded before.
$397k · 18 repeat orgs$74k to everyone else

Grantees it renews have grown median revenue +36% since the first grant, against +8% for those funded once.

18 repeat relationships: 8 still active in FY2025, 10 since wound down; 1 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

18
16

Total granted

$397k
$73k

Median revenue growth · since first grant

+36%
+8%

Still filing today

94%
88%

New vs renewed · share of each year

In FY2025, 98% of grant dollars renewed an existing relationship; $1k went to new ones.

50%100%’18’19’20’21’22’23’24’25
RenewedFirst-time

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

’18’19’20’21’22’23’24’25
EducationHuman ServicesArts & CultureHealthInternationalFood & NutritionOther
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

  • TY
    The Young Men's Christian Association of the Triangle Area Inc (4598)
    6× · 2018–2025 · $129k · revenue +44%
  • CG
    COAST GUARD FOUNDATION INC
    5× · 2020–2025 · $25k · revenue +130%
  • NORTH CAROLINA ARTS IN ACTION INC
    6× · 2018–2025 · $25k · revenue +78%

Funded once

  • UNC HEALTH FOUNDATION INC
    one grant, 2021 · $12k · revenue +0%
  • IR
    International Rescue Committee INC
    one grant, 2022 · $10k · revenue -4%
  • CC
    CARLETON COLLEGE
    one grant, 2021 · $10k · revenue -2%
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
Charlotte Regional Realtor Association Inc

The charlotte regional realtor (r) association (crra) is a trade association serving members in mecklenburg, iredell and haywood counties. at december 31, 2024, crra had 14,020 members.

—
2
North Carolina Business Leaders for Educ

The mission of north carolina business leaders for education (dba best nc) is to unite an engaged and informed business perspective to dramatically transform and improve north carolina's education system. our goal is for every student to…

Education
3
North Carolina Medical Society

To organize members of the medical profession to advance medical science.

—
4
NourishNC Inc

NourishNC, Inc.'s goal is to provide healthy food to hungry children, empowering them to succeed in the classroom and in their community

Food & Nutrition
5
Charlotte Country Day School

Through excellence in education, charlotte country day school develops the potential of each student by fostering intellectual curiosity, principled character, ethical leadership and a responsibility to serve. the key values and…

Education
6
Northeast College of Health Sciences

Northeast college of health sciences (the college) is committed to academic excellence, leadership, and professional best practices in the health sciences.

Education
7
North Carolina Chamber

The organization is a proactive, nonpartisan business advocacy organization. the organization works in the legislative, regulatory and political arenas to proactively drive positive change to ensure that north carolina is a leading place…

—
8
National Committee for Quality Assurance

Our mission: to improve the quality of health care.our vision: better health care. better choices. better health.

Health
9
Coastal Carolinas Health Alliance

Facilitate networking among hospitals

Health
10
North Carolina Youth Soccer Association Inc

Promote, coordinate, and develop youth soccer.

Recreation & Sports
11
Junior Achievement of Central Carolinas Inc

Junior achievement is the world's largest organization dedicated to educating private and public school students in grades k-12 about entrepreneurship, workforce readiness, and financial literacy, through experiential, hands-on programs.

International
12
Children's Home Society of North Carolina Inc

The Children's Home Society of North Carolina's mission is to promote the right of every child to a permanent, safe, and loving family.

Human Services
How this is measured
The grantee most central to the portfolio’s shape is Read and Feed; the most unlike its peers is International Rescue Committee Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

33 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. 33 of the 36 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)
7
Early backer (in before they grew)
33/33
Grantees still filing
25/33
Grew since first funded

Where the money sits, by cause and then by grantee

The Young Men's Christian Association of the Triangle Area Inc (4598): $128,879 · Human ServicesThe Young Men's Christian Association…INTER-FAITH FOOD SHUTTLE: $23,000 · Human ServicesINTER-FAITH FOOD SHUTTLE+3 more: $5,500 · Human ServicesUNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL: $40,000 · OtherUNIVERSITY OF NORTH CAROLINA …HABITAT FOR HUMANITY OF DURHAM INC: $30,000 · OtherHABITAT FOR HUMANITY OF DURHA…FAMILIES MOVING FORWARD: $20,000 · OtherFAMILIES MOVING FORWARDCAROLINA FARM STEWARDSHIP ASSOCIATION: $4,500 · OtherFOOD BANK OF CENTRAL & EASTERN NC INC: $9,500 · OtherFOOD BANK OF CENTRAL & EASTER…GLOBAL GRASSROOTS: $6,000 · OtherBOYS AND GIRLS CLUBS OF N CENT NC: $5,000 · Other+5 more: $10,000 · Other+5 moreTeach for America Inc: $60,000 · EducationTeach for America IncUNC HEALTH FOUNDATION INC: $11,686 · EducationUNC HEALTH FOUNDATION …CARLETON COLLEGE: $10,000 · EducationCARLETON COLLEGEMONTESSORI SCHOOL OF DURHAM: $4,000 · EducationTHE RALEIGH SCHOOL INC: $3,500 · Education+3 more: $5,500 · Education+3 moreInternational Rescue Committee INC: $10,000 · InternationalMEDECINS SANS FRONTIERES USA INC: $10,000 · InternationalMYRIAD USA INC: $10,000 · InternationalOPPORTUNITY INTERNATIONAL INC D/B/A OPPORTUNITY INTERNATIONAL-US: $5,000 · InternationalNORTH CAROLINA ARTS IN ACTION INC: $24,500 · Arts & CultureNORTH CAROLINA MUSEUM OF LIFE & SCIENCE INC: $2,000 · Arts & CultureNORTH CAROLINA SYMPHONY SOCIETY INC: $2,000 · Arts & CultureCOAST GUARD FOUNDATION INC: $25,000 · Public BenefitEL FUTURO INC: $7,000 · HealthCYSTIC FIBROSIS FOUNDATION: $5,000 · HealthAMOS HEALTH AND HOPE INC: $3,000 · Health
Human Services$157,379Other$125,000Education$94,686International$35,000Arts & Culture$28,500Public Benefit$25,000Health$15,000

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 Young Men's Christian Association of the Triangle Area Inc (4598): $128,879 over 6y, 0.1% of budgetTeach for America Inc: $60,000 over 5y, 0.0% of budgetHABITAT FOR HUMANITY OF DURHAM INC: $30,000 over 4y, 0.1% of budgetCOAST GUARD FOUNDATION INC: $25,000 over 5y, 0.1% of budgetNORTH CAROLINA ARTS IN ACTION INC: $24,500 over 6y, 1.2% of budgetINTER-FAITH FOOD SHUTTLE: $23,000 over 5y, 0.1% of budgetFAMILIES MOVING FORWARD: $20,000 over 2y, 0.6% of budgetUNC HEALTH FOUNDATION INC: $11,686 over 1y, 0.0% of budgetInternational Rescue Committee INC: $10,000 over 1y, 0.0% of budgetCARLETON COLLEGE: $10,000 over 1y, 0.0% of budgetMEDECINS SANS FRONTIERES USA INC: $10,000 over 1y, 0.0% of budgetMYRIAD USA INC: $10,000 over 1y, 0.0% of budgetFOOD BANK OF CENTRAL & EASTERN NC INC: $9,500 over 3y, 0.0% of budgetEL FUTURO INC: $7,000 over 3y, 0.1% of budgetGLOBAL GRASSROOTS: $6,000 over 2y, 1.2% of budgetBOYS AND GIRLS CLUBS OF N CENT NC: $5,000 over 1y, 0.3% of budgetOPPORTUNITY INTERNATIONAL INC D/B/A OPPORTUNITY INTERNATIONAL-US: $5,000 over 1y, 0.0% of budgetCYSTIC FIBROSIS FOUNDATION: $5,000 over 2y, 0.0% of budgetCAROLINA FARM STEWARDSHIP ASSOCIATION: $4,500 over 2y, 0.1% of budgetMONTESSORI SCHOOL OF DURHAM: $4,000 over 2y, 0.1% of budgetTHE RALEIGH SCHOOL INC: $3,500 over 2y, 0.0% of budgetAMOS HEALTH AND HOPE INC: $3,000 over 1y, 0.3% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $2,500 over 1y, 0.0% of budgetLATINX EDUCATION CENTER: $2,500 over 1y, 1.4% of budgetNORTH CAROLINA RESTAURANT AND LODGING ASSOCIATION: $2,500 over 1y, 0.1% of budgetCARY ACADEMY: $2,000 over 2y, 0.0% of budgetNORTH CAROLINA MUSEUM OF LIFE & SCIENCE INC: $2,000 over 1y, 0.0% of budgetNORTH CAROLINA SYMPHONY SOCIETY INC: $2,000 over 2y, 0.0% of budgetDIAPER TRAIN: $2,000 over 2y, 0.3% of budgetHenderson Young Men's Christian Association Inc: $1,000 over 1y, 0.1% of budgetST TIMOTHY'S SCHOOL: $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.

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.

Triangle Community Fo…North Carolina Commun…Duke UniversityDuke Energy FoundationThe Burt's Bees Great…The Mary Duke Biddle …Fm Kirby Foundation I…United Way of the Gre…The Cannon Foundation…Fidelity FoundationThe Goodnight Educati…Devonwood Foundation …
Triangle Community Foundation IncNC27.2× affinity11 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Triangle Community Foundation Inc · North Carolina Community Foundation · Duke University · Duke Energy Foundation · The Burt's Bees Greater Good Foundation AKA THE BURT'S BEES FOUNDATION · The Mary Duke Biddle Foundation Missionpost Pmb #101 · Fm Kirby Foundation Inc · United Way of the Greater Triangle Inc · The Cannon Foundation Inc · Fidelity Foundation · The Goodnight Educational Foundation · Devonwood Foundation 009606-007

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

2024
’20’21’22’23’24’25
no gov · 20%0%1%3%5%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    2get 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
    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 Noel Foundation?

    Find your warmest path to The Noel Foundation 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 36 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 Noel’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