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Plinth

· Private foundation

The Ondulado Fund fka Richard Grinold Fund

$58k
Granted FY2024still arriving
4
Grants FY2024still arriving
3
States reached
$25k
Largest
01What you fund
0197% classified

What you funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year — across FY20172024.

Crime & Legal$4.5MHealth$2.9MCivil Rights$1.7MEducation$606kSocial Science$385kArts & Culture$40kEnvironment$18kHuman Services$15kOther$0
02FY2024 · 4 grants

Where the money goes

Your grants by size, and where they go.

By grant size · FY2024

  • Under $10k1 grant · $3k
  • $10k–50k3 grants · $55k
$15,000
Median grant
3
States reached
$0
Total assets
Largest grants
RecipientAmount
Hoover Institution$25,000
Meriden Public Library$15,000
Belmont Historical Society$15,000
Del Monte Forest Conservation$3,350
02The need
03

Do your dollars go where the need is?

Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.

show:

Your human-services grants (FY18–18, $15k) land where the poverty rate runs at 16%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.

area typical 11%YMCA Greater Boston: $15k → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount

Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.

Which US states your grants reach

IL
NY
MA
PA
CA
VA
KS
DC
TX

US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.

03Your edge
repeat funding

Who you back again

Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.

99%of every dollar goes to organizations you’ve funded before.
$10.0M · 14 repeat orgs$151k to everyone else

And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +87% since the first grant, against +37% for the ones you funded once.

14 repeat relationships — 4 still active in FY2024, 10 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

14
10

Total granted

$10.0M
$151k

Median revenue growth · since first grant

+87%
+37%

Still filing today

36%
50%

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

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

’17’18’19’20’21’22’23’24
EducationHuman ServicesCivil RightsHealthOther

First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). 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

  • IF
    INSTITUTE FOR JUSTICE
    6× · 2017–2023 · $4.5M · revenue +57%
  • MH
    MONTAGE HEALTH FOUNDATION
    4× · 2018–2021 · $280k · revenue +58%
  • NORTHEASTERN UNIVERSITY
    3× · 2018–2021 · $160k · revenue +87%

Funded once

  • WF
    WIKIMEDIA FOUNDATION INCgraduated
    one grant, 2019 · $100k · revenue +73%
  • CS
    Capitol School of Austin
    one grant, 2019 · $15k
  • YM
    YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER BOSTON INCgraduated
    one grant, 2018 · $15k · revenue +37%

Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.

04Your field

The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.

1
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
2
President and Fellows of Harvard College

Undergraduate, graduate, and professional education and research across a broad array of academic domains.

Education
3
Open Markets Institute

The open markets institute works to help people relearn how to use competition policy to build stronger democracies, more just and equitable societies, more innovative and sustainable economies, and a more secure and peaceful world.

Education
4
Trustees of Dartmouth College

Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.

Education
5
Boston Architectural College

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

6
Wheaton College

Wheaton college provides a transformative liberal arts education, combining theory and practice, for intellectually curious students within a collaborative and vibrant extended community and network that values and strives to create an…

Education
7
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
8
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
9
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

10
The George Washington University

The mission of the george washington university (gw) is to educate individuals in liberal arts, languages, sciences, learned professions, and other courses and subjects of study, and to conduct scholarly research and publish the findings…

Education
11
The Trustees of Princeton University

Research, education and general - princeton university is a private not-for-profit, non-sectarian institution of higher learning with approximately 5,700 undergraduate and 3,300 graduate students. 2,500 students graduated in the 2024-2025…

Education
12
Western New England University

Western new england university, a comprehensive private institution with a tradition of excellence in teaching and scholarship and a commitment to service, awards undergraduate, master's, and doctoral degrees in various departments from…

Education

For reference, the grantee most central to the portfolio’s shape is Wounded Warrior Project Inc and the most unlike its peers is Del Monte Forest Conservancy. 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

10 grantees tracked through their own filings, 2017–2025.

Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.

Counted here: distinct organizations you funded across 20172025, not grant rows in a single year — so this will not match the grant count on the cover. 10 of the 24 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.

0
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
10/10
Grantees still filing
9/10
Grew since you first funded

Where your money sits — by cause, then by grantee

UCSF — $2,604,098 · OtherUCSFFoundation for Indiv Rights in Educ — $1,099,399 · OtherFoundation for Indiv Rights in EducIndividual Rights in Education — $586,269 · OtherIndividual Rights in EducationManhattan Institute for Policy Rese — $195,000 · OtherHoover Institution — $190,000 · Other+10 more — $169,300 · OtherINSTITUTE FOR JUSTICE — $4,464,306 · Civil RightsINSTITUTE FOR JUSTICENORTHEASTERN UNIVERSITY — $160,000 · EducationREAL CLEAR FOUNDATION — $155,000 · EducationHETERODOX ACADEMY — $120,000 · EducationWIKIMEDIA FOUNDATION INC — $100,000 · Education+1 more — $10,000 · EducationMONTAGE HEALTH FOUNDATION — $280,000 · HealthYOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER BOSTON INC — $15,000 · Human Services+1 more — $200 · Human Services
Other$4,844,066Civil Rights$4,464,306Education$545,000Health$280,000Human Services$15,200

Each org by its size and your share of it — top-left is where you’re load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ your share of their budgetINSTITUTE FOR JUSTICE — $4,464,306 over 6y, 6.3% of budgetMONTAGE HEALTH FOUNDATION — $280,000 over 4y, 0.6% of budgetNORTHEASTERN UNIVERSITY — $160,000 over 3y, 0.0% of budgetREAL CLEAR FOUNDATION — $155,000 over 4y, 1.3% of budgetHETERODOX ACADEMY — $120,000 over 2y, 15% of budgetWIKIMEDIA FOUNDATION INC — $100,000 over 1y, 0.1% of budgetYOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER BOSTON INC — $15,000 over 1y, 0.0% of budgetCHARTWELL SCHOOL — $10,000 over 1y, 0.2% of budgetDEL MONTE FOREST CONSERVANCY — $4,000 over 1y, 1.1% of budgetWOUNDED WARRIOR PROJECT INC — $200 over 1y, 0.0% of budget
Go grantee by grantee — a decade per org, and how each moved after you funded them

A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.

  • Who funds INSTITUTE FOR JUSTICE
  • Who funds MONTAGE HEALTH FOUNDATION
  • Who funds NORTHEASTERN UNIVERSITY
  • Who funds REAL CLEAR FOUNDATION
  • Who funds HETERODOX ACADEMY
  • Who funds WIKIMEDIA FOUNDATION INC
  • Who funds YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER BOSTON INC
  • Who funds CHARTWELL SCHOOL
  • Who funds DEL MONTE FOREST CONSERVANCY
  • Who funds WOUNDED WARRIOR PROJECT INC

The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.

Donor Advised Charitable Giving IncCO6.5× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.

Government reliance of your grantees

Every dot is one organization The Ondulado Fund fka Richard Grinold Fund funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal, a single department, or state — and drag the year to watch it move.

2024
202122232425
no gov · 00%1%3%6%10%your share of their income ↑0%3%5%8%10%share of the org’s income from governmentmedian 7%
  • Northeastern University7% of income from government
  • Wounded Warrior Project Inc0% of income from government
no gov moneyreceives it· size = income
0get no government money at all
1report 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, FY2025

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 your grant caused the public funding. Coverage is precision-first — a floor, not 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 12–24 months.

On method. Every financial figure here is read directly from IRS e-file XML — your own 990/990-PF and the multi-year returns of the 24 grantees we resolved across every year we hold, several hundred filings in all (a different count from the grant rows on the cover, which are one fiscal year)— each linked to its source. Grantee achievements and outcomes are each organization’s own program-service reporting (Form 990, Part III); we read these as association with sustained funding — the foundation is one of several forces — suppress low-confidence name matches rather than guess, and say so where a figure rests on a single grant or filing. Not everything on this page is a filed figure, and the difference matters. Filed is what you reported on your 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. How we build these →

Generated from your IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12–24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record but names no grant recipient in the published copy, so the figures above are from FY2024, the most recent year this funder’s grantee list reached the public record.

Source object · view filing

More from the funding graph