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Vanguard Charitable Endowment Program at a glanceAlso receives grants: funding profile →

· Public charity

Vanguard Charitable Endowment Program

To increase philanthropy and maximize its impact over time.

$3.5B
Granted FY2025still arriving
27,221
Grants FY2025still arriving
54
States reached
$101M
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, FY2021 to 2025.

Education$2.7BPhilanthropy$2.1BInternational$1.2BReligion$1.2BHealth$916MArts & Culture$633MEnvironment$518MHuman Services$437MOther$0
02FY2025 · 27221 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 27,221 grants below total $3,432,214,916, the rows itemized in this filing. The $3,503,325,979 headline is the total grant expense on the return; the other $71,111,063 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 $10k5587 grants · $39M
  • $10k–50k14923 grants · $304M
  • $50k–250k5138 grants · $516M
  • $250k+1573 grants · $2.6B
$19,000
Median grant
54
States reached
$27.3B
Total assets
Largest grants
RecipientAmount
THE CLEAR FUND$101,439,692
FIDELITY INVESTMENTS CHARITABLE GIFT FUND$87,288,229
RENAISSANCE CHARITABLE FOUNDATION INC$85,146,152
DEMOCRACY FUND INC$64,750,000
NATIONAL CHARITABLE ENDOWMENT INC$50,000,000
DONOR ADVISED CHARITABLE GIVING$46,308,571
HUMANITY UNITED$36,117,000
NATIONAL PHILANTHROPIC TR$31,579,852
FOLLOW YOUR DREAM FOUNDATION INC$31,252,389
CORNELL UNIVERSITY$28,898,010
DUKE UNIVERSITY$26,620,804
UATX$26,389,500
CONVERGENT RESEARCH INC$25,100,000
SPIRIT OF AMERICA WORLDWIDE$25,080,000
ARC RESEARCH INSTITUTE$20,501,000
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 (FY21–25, $181.5M) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 91% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%Spur Community Foundation: $1.2M → 7%Human Coalition: $1.1M → 5%Blissful Life Foundation: $1.2M → 14%ADVOCATES FOR COMMUNITY CHOICE: $2.0M → 9%REALIZE IMPACT: $1.6M → 10%KESSLER FOUNDATION INC: $2.0M → 4%OAK CREST VILLAGE INC: $3.0M → 11%YMCA OF SAN DIEGO COUNTY: $1.3M → 11%MEMORIAL ASSISTANCE MINISTRIES INC: $1.1M → 16%KESSLER FOUNDATION INC: $2.0M → 4%BAY AREA TURNING POINT INC: $1.1M → 16%OAK CREST VILLAGE INC: $4.3M → 11%SPRINGBOARD COLLABORATIVE: $2.4M → 22%MANIFOLD FOR CHARITY: $2.4M → 10%FRIENDS OF TAVARUA: $2.7M → 14%RETHINK PRIORITIES: $1.6M → 10%Shoes For Children: $1.9M → 9%HOMES BY TLC: $3.0M → 11%IMMIGRANT LEGAL RESOURCE CENTER: $1.2M → 10%IMMIGRANT LEGAL RESOURCE CENTER: $1.2M → 10%BUILDING ONE COMMUNITY CORP: $1.1M → 9%IMMIGRANT LEGAL RESOURCE CENTER: $1.2M → 10%MANIFOLD FOR CHARITY: $1.5M → 10%The Whosoever Gospel Mission and Rescue Home Asso: $1.0M → 22%NO ONE LEFT BEHIND INC: $2.6M → 7%SOCIAL FINANCE INC: $1.1M → 16%LEGAL PRIORITIES INC: $2.7M → 16%UNITED NEIGHBORHOOD HOUSES OF NEW YORK INC: $2.0M → 17%UNITED NEIGHBORHOOD HOUSES OF NEW YORK INC: $1.6M → 17%United Neighborhood Houses Of New York: $1.5M → 17%DEMOCRACY FUND INC: $64.8M → 14%GIVEDIRECTLY INC: $7.2M → 17%AMERICAN NATIONAL RED CROSS: $12.2M → 14%American National Red Cross - Bay Area: $8.7M → 14%GOOD SHEPHERD SERVICES: $1.3M → 17%AMERICAN NATIONAL RED CROSS: $6.9M → 14%GOOD SHEPHERD SERVICES: $1.1M → 17%NOUR FOUNDATION: $4.0M → 17%Good Shepherd Services: $1.1M → 17%AMERICAN RED CROSS: $5.5M → 14%AMERICAN NATIONAL RED CROSS: $5.1M → 14%MERIT AMERICA: $2.0M → 14%MERIT AMERICA: $1.7M → 14%WORLD FOOD PROGRAM USA: $1.3M → 14%World Food Program USA: $1.1M → 14%HENRY STREET SETTLEMENT: $3.0M → 17%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
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.

96%of every dollar goes to organizations it has funded before.
$6.4B · 1783 repeat orgs$262M to everyone else

Grantees it renews have grown median revenue +21% since the first grant, against -11% for those funded once.

1783 repeat relationships: 1666 still active in FY2025, 117 since wound down; 46 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

1783
41

Total granted

$6.4B
$87M

Median revenue growth · since first grant

+21%
-11%

Still filing today

88%
90%

New vs renewed · share of each year

In FY2025, 91% of grant dollars renewed an existing relationship; $175M went to new ones.

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

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

’21’22’23’24’25
EducationInternationalHealthArts & CultureHuman ServicesEnvironmentOther
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

  • TC
    THE CLEAR FUND
    5× · 2021–2025 · $257M · revenue +31% · 27% of their budget
  • Cornell University
    5× · 2021–2025 · $61M · revenue +23%
  • SO
    Spirit of America Worldwide
    5× · 2021–2025 · $59M · revenue +168% · 56% of their budget

Funded once

  • TK
    THE KIND FOUNDATION INC
    one grant, 2021 · $11M · revenue -88%
  • GO
    GUARANTEE OUR VOTES PROJECT
    one grant, 2024 · $9.9M · 71% of their budget
  • TP
    The Principia Corporationgraduated
    one grant, 2024 · $6.5M · revenue +42%
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
Boston Architectural College

Founded 131 years ago, the boston architectural college is a recognized institution providing excellence in practice-integrated design education to members of diverse communities with students representing 35 countries. the bac offers…

—
2
University of New Haven

See schedule ouniversity of new haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts & professional education.

Education
3
United States Naval Institute

To advance professional, literary, and scientific understanding of sea power.

—
4
Foreign Policy Research Institute

Highest quality scholarship and nonpartisan policy analysis focused on u.s. foreign policy

International
5
Augustana College

Offer a challenging education that develops the qualities of mind, spirit and body for students.

Education
6
Ucsf Foundation Investment Company

the organization provides professional investment management services for endowed gifts and financial assets entrusted to the UCSF Foundation.

Education
7
Stony Brook Internists University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
8
Stony Brook Urology University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical students, interns and residents and, incident thereto, rendering professional services.

Health
9
University of the Pacific

To provide a superior, student-centered learning experience integrating liberal arts and professional education and preparing individuals for lasting achievement and responsible leadership in their careers and communities.

Education
10
University of the Sciences in

University of the sciences prepares students to become leaders in the sciences. see sch. ouniversity of the sciences prepares students to become leaders, innovators, and skilled practitioners in the sciences, the health professions, and…

—
11
Oklahoma City University

Oklahoma city university prepares all learners to create, lead and serve.

Education
12
The Common Application Inc

The common application promotes access, equity, and integrity in the college admission process.

Education
How this is measured
The grantee most central to the portfolio’s shape is The Basic Fund; the most unlike its peers is Sterling and Francine Clark Art. 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

1790 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. 1790 of the 2,000 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.

254
Load-bearing (≥25% of a budget)
159
Early backer (in before they grew)
1779/1790
Grantees still filing
1170/1790
Grew since first funded

Where the money sits, by cause and then by grantee

IMPACTASSETSINC: $380,022,995 · PhilanthropyIMPACTASSETSINCTHE CLEAR FUND: $256,959,064 · PhilanthropyTHE CLEAR FUNDNATIONAL PHILANTHROPIC TRUST: $211,696,286 · PhilanthropyNATIONAL PHILANTHROPIC TRUSTDONOR ADVISED CHARITABLE GIVING INC: $122,174,732 · PhilanthropyDONOR ADVISED CHARITABLE GIVING INCBRIGHT FUNDS FOUNDATION: $99,087,133 · PhilanthropyBRIGHT FUNDS FOUNDATIONRenaissance Charitable Foundation Inc: $88,337,635 · Philanthropy+29 more: $695,050,318 · Philanthropy+29 moreTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $102,420,568 · EducationTHE BOARD OF TRUSTEES O…President and Fellows of Harvard College: $61,005,121 · EducationPresident and Fellows o…Cornell University: $60,899,222 · EducationCornell UniversityKYIV SCHOOL OF ECONOMICS: $50,543,000 · EducationDUKE UNIVERSITY: $38,931,283 · EducationUniversity of Notre Dame du Lac: $38,154,334 · EducationUATX: $37,592,600 · Education+44 more: $674,860,774 · Education+44 moreSpirit of America Worldwide: $59,141,201 · InternationalMEDECINS SANS FRONTIERES USA INC: $57,813,206 · InternationalInternational Rescue Committee INC: $51,145,720 · InternationalFOLLOW YOUR DREAM FOUNDATION INC: $43,262,389 · InternationalWORLD CENTRAL KITCHEN INC: $21,959,394 · InternationalUNITED STATES FUND FOR UNICEF: $18,379,402 · InternationalDIRECT RELIEF: $16,385,925 · InternationalCentral Fund of Israel: $14,291,151 · InternationalFRIENDS OF THE ISRAEL DEFENSE FORCES: $14,083,192 · International+11 more: $105,198,047 · InternationalM Y KEREN HASHLUCHIM INC: $51,659,153 · OtherTHE NATURE CONSERVANCY: $50,849,572 · OtherSELF-REALIZATION FELLOWSHIP CHURCH: $40,683,000 · OtherTHE CENTER FOR EDUCATION REFORM: $87,022,324 · OtherTHE CENTER FOR EDUCATION …Democracy Fund Inc: $64,750,000 · OtherDemocracy Fund IncGIVEDIRECTLY INC: $43,803,455 · OtherMercatus Center Inc: $45,165,000 · Other+55 more: $790,954,971 · Other+55 moreFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $259,506,364 · Community ImprovementFOOD BANK FOR NEW YORK CITY: $13,433,415 · Community Improvement+2 more: $17,186,682 · Community ImprovementArc Research Institute: $54,501,000 · HealthPLANNED PARENTHOOD FEDERATION OF AMERICA INC: $26,534,575 · HealthHopelab Foundation Inc: $21,672,849 · HealthMEMORIAL SLOAN-KETTERING CANCER CENTER: $17,512,801 · HealthMAYO CLINIC: $17,109,255 · HealthBREAKTHROUGH T1D: $15,022,960 · HealthPARTNERS IN HEALTH A NONPROFIT CORPORATION: $13,858,624 · HealthFred Hutchinson Cancer Center: $12,828,578 · HealthST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $12,766,612 · HealthThe Broad Institute Inc: $11,891,268 · HealthThe Against Malaria Foundation: $11,051,760 · HealthALZHEIMER'S DISEASE & RELATED DISORDERS ASSOCIATION INC: $10,537,679 · HealthAmerican Heart Association Inc: $10,338,212 · HealthDana-Farber Cancer Institute Inc: $10,032,254 · HealthAMERICAN FRIENDS OF SHEBA MEDICAL CENTER INC: $9,834,800 · Health+3 more: $26,588,066 · HealthHUMAN RIGHTS FOUNDATION INC: $28,276,825 · Civil RightsOUR AMERICAN FUTURE FOUNDATION: $25,069,000 · Civil RightsPROTECT DEMOCRACY PROJECT: $24,543,900 · Civil RightsTHIRD WAY INSTITUTE: $18,326,000 · Civil RightsINSTITUTE FOR JUSTICE: $16,793,680 · Civil RightsFOUNDATION FOR INDIVIDUAL RIGHTS AND EXPRESSION INC: $15,842,395 · Civil RightsAMERICAN CIVIL LIBERTIES UNION FOUNDATION INC: $15,755,756 · Civil RightsGUARANTEE OUR VOTES PROJECT: $9,900,000 · Civil RightsAMERICAN JEWISH COMMITTEE: $9,698,021 · Civil RightsVOICE OF MY PEOPLE FOUNDATION: $7,750,000 · Civil Rights
Philanthropy$1,853,328,163Education$1,064,406,902International$401,659,627Other$1,174,887,475Community Improvement$290,126,461Health$282,081,293Civil Rights$171,955,577

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%$10M$100Mgrantee revenue →↑ funder's share of their budgetIMPACTASSETSINC: $380,022,995 over 5y, 45% of budgetFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $259,506,364 over 5y, 0.4% of budgetTHE CLEAR FUND: $256,959,064 over 5y, 27% of budgetNATIONAL PHILANTHROPIC TRUST: $211,696,286 over 5y, 1.8% of budgetDONOR ADVISED CHARITABLE GIVING INC: $122,174,732 over 5y, 0.4% of budgetTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $102,420,568 over 5y, 0.4% of budgetBRIGHT FUNDS FOUNDATION: $99,087,133 over 5y, 29% of budgetRenaissance Charitable Foundation Inc: $88,337,635 over 5y, 0.1% of budgetTHE CENTER FOR EDUCATION REFORM: $87,022,324 over 4y, 69% of budgetPresident and Fellows of Harvard College: $61,005,121 over 5y, 0.2% of budgetCornell University: $60,899,222 over 5y, 0.4% of budgetSpirit of America Worldwide: $59,141,201 over 5y, 56% of budgetMEDECINS SANS FRONTIERES USA INC: $57,813,206 over 5y, 1.8% of budgetArc Research Institute: $54,501,000 over 4y, 22% of budgetGS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC: $54,212,913 over 5y, 1.6% of budgetCHARITIES AID FOUNDATION AMERICA: $53,371,142 over 5y, 1.7% of budgetInternational Rescue Committee INC: $51,145,720 over 5y, 1.2% of budgetTHE NATURE CONSERVANCY: $50,849,572 over 5y, 1.0% of budgetMORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC: $50,667,580 over 5y, 1.1% of budgetKYIV SCHOOL OF ECONOMICS: $50,543,000 over 4y, 48% of budgetTHE JAMES FAMILY CHARITABLE TRUST: $50,094,998 over 3y, 58% of budgetWorthington Scholarship Foundation: $46,034,099 over 2y, 96% of budgetMercatus Center Inc: $45,165,000 over 5y, 22% of budgetGIVEDIRECTLY INC: $43,803,455 over 5y, 6.4% of budgetHumanity United: $43,117,000 over 2y, 31% of budgetDUKE UNIVERSITY: $38,931,283 over 5y, 0.6% of budgetPEF ISRAEL ENDOWMENT FUNDS INC: $38,449,470 over 5y, 5.0% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $38,348,643 over 5y, 0.3% of budgetUniversity of Notre Dame du Lac: $38,154,334 over 5y, 0.4% of budgetUATX: $37,592,600 over 4y, 46% of budgetSEATTLE FOUNDATION: $37,272,508 over 5y, 2.2% of budgetAMERICAN FRIENDS OF UNIVERSITY COLLEGE OXFORD INC: $35,222,500 over 5y, 95% of budgetCHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND: $34,700,000 over 5y, 8.6% of budgetUniversity of Chicago: $34,366,063 over 5y, 0.3% of budgetThe Trustees of Princeton University: $33,157,023 over 5y, 0.4% of budgetLUBETZKY FAMILY FOUNDATION: $32,660,000 over 3y, 31% of budgetDonors Trust Inc: $29,057,827 over 5y, 9.8% of budgetHUMAN RIGHTS FOUNDATION INC: $28,276,825 over 5y, 41% of budgetPLANNED PARENTHOOD FEDERATION OF AMERICA INC: $26,534,575 over 5y, 2.3% of budgetAtlas Economic Research Foundation: $25,881,900 over 5y, 39% of budgetENVIRONMENTAL DEFENSE FUND INCORPORATED: $25,332,285 over 5y, 3.4% of budgetBERKELEY REPERTORY THEATRE: $25,324,000 over 5y, 59% of budgetCONVERGENT RESEARCH INC: $25,200,000 over 2y, 22% of budgetOUR AMERICAN FUTURE FOUNDATION: $25,069,000 over 2y, 19% of budgetTRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: $24,686,745 over 5y, 0.1% of budgetPROTECT DEMOCRACY PROJECT: $24,543,900 over 5y, 17% of budgetTHE COMMONWEALTH FOUNDATION FOR PUBLIC POLICY ALTERNATIVES: $24,229,974 over 5y, 52% of budgetGROTON HILL MUSIC INC: $23,559,489 over 5y, 38% 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 IMPACTASSETSINC ↗
  • Who funds FIDELITY INVESTMENTS CHARITABLE GIFT FUND ↗
  • Who funds THE CLEAR FUND ↗
  • Who funds NATIONAL PHILANTHROPIC TRUST ↗
  • Who funds DONOR ADVISED CHARITABLE GIVING INC ↗
  • Who funds THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY ↗
  • Who funds BRIGHT FUNDS FOUNDATION ↗
  • Who funds Renaissance Charitable Foundation Inc ↗
  • Who funds THE CENTER FOR EDUCATION REFORM ↗
  • Who funds Democracy Fund Inc ↗
  • Who funds President and Fellows of Harvard College ↗
  • Who funds Cornell University ↗
  • Who funds Spirit of America Worldwide ↗
  • Who funds MEDECINS SANS FRONTIERES USA INC ↗
  • Who funds Arc Research Institute ↗
  • Who funds GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ↗
  • Who funds CHARITIES AID FOUNDATION AMERICA ↗
  • Who funds International Rescue Committee INC ↗
  • Who funds THE NATURE CONSERVANCY ↗
  • Who funds MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ↗
  • Who funds KYIV SCHOOL OF ECONOMICS ↗
  • Who funds THE JAMES FAMILY CHARITABLE TRUST ↗
  • Who funds NATIONAL CHARITABLE ENDOWMENT INC ↗
  • Who funds Worthington Scholarship Foundation ↗
  • Who funds Mercatus Center Inc ↗
  • Who funds GIVEDIRECTLY INC ↗
  • Who funds FOLLOW YOUR DREAM FOUNDATION INC ↗
  • Who funds Humanity United ↗
  • Who funds DUKE UNIVERSITY ↗
  • Who funds PEF ISRAEL ENDOWMENT FUNDS INC ↗
  • Who funds American National Red Cross & Its Constituent Chapters and Branches ↗
  • Who funds University of Notre Dame du Lac ↗
  • Who funds UATX ↗
  • Who funds SEATTLE FOUNDATION ↗
  • Who funds AMERICAN FRIENDS OF UNIVERSITY COLLEGE OXFORD INC ↗
  • Who funds CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND ↗
  • Who funds University of Chicago ↗

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 set of overlaps that mostly run through this funder rather than between each other.

The Donald B and Doro…The Dunn Foundation25th Century Foundati…Anne & Philip Glatfel…Tipping Point Private…Kh Dominion Foundatio…Keren Keshet - the Ra…The Malone Family Fou…John Crain Kunkel Fou…Urbanek Family Founda…John and Carole Barth…The Maguire Foundation
The Donald B and Dorothy L Stabler FoundationPA18.6× affinity179 shared granteesties to 3 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Donald B and Dorothy L Stabler Foundation · The Dunn Foundation · 25th Century Foundation · Anne & Philip Glatfelter III Family Foundation · Tipping Point Private Foundation · Kh Dominion Foundation 5507-21-40 · Keren Keshet - the Rainbow Foundation · The Malone Family Foundation · John Crain Kunkel Foundation · Urbanek Family Foundation · John and Carole Bartholdson Foundation · The Maguire Foundation

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 Vanguard Charitable Endowment Program funds: left to right is the share of its income from government, bottom to top the share from Vanguard Charitable Endowment Program. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 160%6%25%56%100%funder's share of their income ↑0%23%45%68%90%share of the org’s income from government →median 11%
  • Buzzards Bay Coalition: 37% of income from government
  • Massachusetts Institute of Technology: 35% of income from government
  • Save the Children Federation Inc: 30% of income from government
  • The Broad Institute Inc: 19% of income from government
  • Trustees of Tufts College: 13% of income from government
  • Trustees of Boston University: 12% of income from government
  • Johns Hopkins University: 12% of income from government
  • Yale University: 12% of income from government
  • The Trustees of Princeton University: 11% of income from government
  • Institute for Advanced Study - Louis Bamberger & Mrs Felix Fuld Foundation: 7% of income from government
  • President and Fellows of Harvard College: 7% of income from government
  • Dana-Farber Cancer Institute Inc: 7% of income from government
  • University of Miami: 5% of income from government
  • Northeast Wilderness Trust Corporation: 2% of income from government
  • Groton Hill Music Inc: 0% of income from government
  • Partners in Health a Nonprofit Corporation: 0% of income from government
  • Portland State University Foundation: 0% of income from government
  • Oxfam-America Inc: 0% of income from government
no gov moneyreceives it· size = income
16get no government money at all
15report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–90%
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.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Vanguard Charitable Endowment Program?

Find your warmest path to Vanguard Charitable Endowment Program 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 2000 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 Vanguard Charitable Endowment Program’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