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Verdad Foundation at a glance

· Private foundation

Verdad Foundation

Its FY2025 filing reports that it accepted unsolicited grant applications.

$702k
Granted FY2025still arriving
14
Grants FY2025still arriving
6
States reached
$500k
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.

Recreation & Sports$1.6MPublic Benefit$255kArts & Culture$166kAnimals$152kHealth$146kEducation$128kCivil Rights$25kPhilanthropy$20kOther$0
02FY2025 · 14 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k4 grants · $20k
  • $10k–50k8 grants · $99k
  • $50k–250k1 grant · $83k
  • $250k+1 grant · $500k
$10,000
Median grant
6
States reached
$4.3M
Total assets
Largest grants
RecipientAmount
WYO COMPLEX$500,000
THE RONALD REAGAN PRESIDENTIAL FOUNDATION AND INSTITUTE$83,333
JAE FOUNDATION INC$20,000
WESTERN STOCK SHOW ASSOCIATION$16,967
ST ANTHONY TRI-PARISH CATHOLIC SCHOOL FOUNDATION$12,500
MONTESSORI SCHOOL OF CASPER$10,000
WYOMING CHILDREN'S SOCIETY$10,000
MAKE A WISH FOUNDATION$10,000
NATIONAL COWBOY & WESTERN HERITAGE MUSEUM$10,000
DAVID STREET STATION$10,000
CENTRAL WYOMING HOSPICE & TRANSITIONS$7,500
UNITED WAY OF NATRONA COUNTY$6,000
CLIMB WYOMING$5,000
HERITAGE FOUNDATION$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 (FY24–25, $10k) land where the poverty rate runs at 11%, against an area that typically sits at 9%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%CLIMB WYOMING: $5k → 11%CLIMB WYOMING: $5k → 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

ID
MT
WY
CA
CO
VA
AZ
DC
OK
TX
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.
$2.4M · 19 repeat orgs$112k to everyone else

19 repeat relationships: 11 still active in FY2025, 8 since wound down; 3 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

19
13

Total granted

$2.4M
$72k

Median revenue growth · since first grant

+14%
+18%

Still filing today

84%
100%

New vs renewed · share of each year

In FY2025, 94% of grant dollars renewed an existing relationship; $40k 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
EducationHealthArts & CultureRecreation & SportsPhilanthropyPublic BenefitOther
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

  • TR
    THE RONALD REAGAN PRESIDENTIAL FOUNDATION AND INSTITUTE
    3× · 2022–2025 · $250k · revenue +31%
  • NC
    NATIONAL COWBOY AND WESTERN HERITAGE MUSEUM
    5× · 2021–2025 · $100k · revenue +21%
  • TW
    THE WESTERN STOCK SHOW ASSOCIATION
    5× · 2021–2025 · $86k · revenue +437%

Funded once

  • RH
    Ranching Heritage Association
    one grant, 2024 · $25k · revenue +20%
  • AF
    ALLIANCE FOR CHOICE IN EDUCATIONgraduated
    one grant, 2022 · $10k · revenue +194%
  • OC
    OLIVIA CALDWELL FOUNDATION INC
    one grant, 2021 · $10k · revenue -7%
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
The Wyldlife Fund

To unite people to advance wyoming wildlife habitat, research, and education.

Animals
2
Wyoming State Fair Foundation

To ensure that the Wyoming State Fair serves as a vibrant celebration of our states agriculture, youth, education, heritage, and industry, while evolving to meet the needs of future generations. WSFF is the fundraising arm of the WSF,…

Recreation & Sports
3
Wyoming Wildlife Advocates

To promote science-based wildlife management that fosters ecosystem health and dynamic equilibrium between species throughout the state of wyoming.

Animals
4
Museum of the Old West

Museum of the old west exists to conserve artifacts and buildings which represent the story of wyoming during our country's westward expansion from the fur trade era to the early 1900s. we educate the nearly 25,000 visitors per season on…

—
5
Wyoming Sheep Foundation
Food & Nutrition
6
Wyoming Wildlife Federation

Wyoming wildlife federation delivers leadership in conservation for the state's wildlife, hunters, anglers, and conservationists through policy, education, advocacy, and habitat.

Animals
7
Wyoming Historical Society Group Return

To insure that wyoming's past remains accessible to present and future generations and to educate, support and foster the study of wyoming history.

—
8
Wyoming Governor's Residence Foundation

To enhance the wyoming governor's residence and support the initiatives of the first spouse.

—
9
Wyofile

Wyofile is an independent, nonprofit news service focused on the people, places and policy of wyoming. recognizing the rapid decline in resources among traditional news outlets, wyofile offers in-depth coverage of complicated subjects and…

Arts & Culture
10
Wyoming Pbs Foundation

The wyoming pbs foundation is dedicated to financially supporting wyoming pbs - wyoming's sole public television station, to visually preserve and tell the stories of our state.

Arts & Culture
11
Colorado Museum of Natural History

Be a catalyst! Ignite our community's passion for nature and science.

Arts & Culture
12
Cheyenne Mtn Zoo Endowment Fund

To support the cheyenne mountain zoological society by investing contributions and managing investment income.

Philanthropy
How this is measured
The grantee most central to the portfolio’s shape is National Cowboy and Western Heritage Museum; the most unlike its peers is The Science Zone. 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

32 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. 32 of the 35 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.

1
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
32/32
Grantees still filing
17/32
Grew since first funded

Where the money sits, by cause and then by grantee

WYO COMPLEX: $1,500,000 · Recreation & SportsWYO COMPLEXTHE WESTERN STOCK SHOW ASSOCIATION: $85,935 · Recreation & SportsTHE WESTERN STOCK SHOW ASSOCIATIONTHE RONALD REAGAN PRESIDENTIAL FOUNDATION AND INSTITUTE: $249,999 · EducationTHE RONALD REA…COLORADO STATE UNIVERSITY FOUNDATION: $35,000 · EducationCOLORADO STATE…MONTESSORI SCHOOL OF CASPER: $11,500 · Education+4 more: $16,500 · EducationNATIONAL COWBOY AND WESTERN HERITAGE MUSEUM: $100,100 · OtherNATIONAL COWB…ST ANTHONY TRI-PARISH CATHOLIC SCHOOL FOUNDATION: $47,500 · OtherST ANTHONY TR…MAKE A WISH FOUNDATION: $26,000 · OtherMAKE A WISH F…Ranching Heritage Association: $25,000 · OtherRanching Heri…UNITED WAY OF NATRONA COUNTY: $18,000 · OtherUNITED WAY OF…CENTRAL WYOMING HOSPICE & TRANSITIONS: $16,000 · OtherJae Foundation Inc: $20,000 · OtherJae Foundatio…+10 more: $57,000 · Other+10 moreDiamond Sage Grouse Foundation Inc: $150,000 · AnimalsChildren's Hospital Colorado Foundation: $73,750 · HealthWYOMING CHILDRENS SOCIETY: $10,000 · HealthOLIVIA CALDWELL FOUNDATION INC: $10,000 · Health+1 more: $200 · HealthNICOLAYSEN ART MUSEUM: $35,000 · Arts & CultureTHE SCIENCE ZONE: $5,000 · Arts & Culture+1 more: $1,000 · Arts & CultureMOUNTAIN STATES LEGAL FOUNDATION: $25,000 · Civil Rights
Recreation & Sports$1,585,935Education$312,999Other$309,600Animals$150,000Health$93,950Arts & Culture$41,000Civil Rights$25,000

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 budgetWYO COMPLEX: $1,500,000 over 2y, 4.4% of budgetTHE RONALD REAGAN PRESIDENTIAL FOUNDATION AND INSTITUTE: $249,999 over 3y, 0.3% of budgetDiamond Sage Grouse Foundation Inc: $150,000 over 2y, 34% of budgetNATIONAL COWBOY AND WESTERN HERITAGE MUSEUM: $100,100 over 5y, 0.2% of budgetTHE WESTERN STOCK SHOW ASSOCIATION: $85,935 over 5y, 0.1% of budgetChildren's Hospital Colorado Foundation: $73,750 over 4y, 0.0% of budgetCOLORADO STATE UNIVERSITY FOUNDATION: $35,000 over 2y, 0.0% of budgetNICOLAYSEN ART MUSEUM: $35,000 over 4y, 4.5% of budgetRanching Heritage Association: $25,000 over 1y, 0.8% of budgetMOUNTAIN STATES LEGAL FOUNDATION: $25,000 over 2y, 0.4% of budgetUNITED WAY OF NATRONA COUNTY: $18,000 over 5y, 0.5% of budgetCENTRAL WYOMING HOSPICE & TRANSITIONS: $16,000 over 3y, 0.1% of budgetMONTESSORI SCHOOL OF CASPER: $11,500 over 2y, 1.1% of budgetWYOMING CHILDRENS SOCIETY: $10,000 over 1y, 2.3% of budgetDavid Street Station: $10,000 over 1y, 1.1% of budgetCLIMB DBA CLIMB WYOMING: $10,000 over 2y, 0.1% of budgetOLIVIA CALDWELL FOUNDATION INC: $10,000 over 1y, 1.6% of budgetNatrona County Public Library Foundation: $7,500 over 1y, 2.7% of budgetBoys & Girls Club of Central Wyoming: $6,000 over 2y, 0.1% of budgetTHE SCIENCE ZONE: $5,000 over 1y, 0.8% of budgetTHE HERITAGE FOUNDATION: $5,000 over 4y, 0.0% of budgetCASPER COLLEGE FOUNDATION: $5,000 over 1y, 0.0% of budgetImpact Wyoming: $2,500 over 1y, 4.0% of budgetMeals on Wheels Foundation: $2,500 over 1y, 0.5% of budgetCHARLIE RUSSELL RIDERS FOUNDATION INC: $2,000 over 2y, 0.7% of budgetTHE WESTERN STOCK SHOW ASSOCIATION SCHOLARSHIP TRUST: $1,500 over 1y, 0.1% of budgetUNIVERSITY OF WYOMING FOUNDATION: $1,000 over 1y, 0.0% of budgetNAVY SEAL FOUNDATION INC: $1,000 over 1y, 0.0% of budgetTHE SONORAN INSTITUTE INC: $500 over 1y, 0.0% of budgetAMYOTROPHIC LATERAL SCLEROSIS ASSN: $200 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.

Double 4 FoundationWyoming Community Fou…The McMurry FoundationNatrona Collective He…Zimmerman Family Foun…Wold FoundationTate FoundationBlue Envelope Health …Daniels FundFirst Interstate Banc…Truecos FoundationThe Goodstein Foundat…
Double 4 FoundationWY34.8× affinity14 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Double 4 Foundation · Wyoming Community Foundation · The McMurry Foundation · Natrona Collective Health Trust · Zimmerman Family Foundation · Wold Foundation · Tate Foundation · Blue Envelope Health Fund · Daniels Fund · First Interstate BancSystem Foundation Inc · Truecos Foundation · The Goodstein 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 Verdad Foundation funds: left to right is the share of its income from government, bottom to top the share from Verdad Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%3%10%23%40%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
    9report 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.
    05Through Plinth

    Warm introductions · Powered by PlinthPlus

    How do I get to Verdad Foundation?

    Find your warmest path to Verdad 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 35 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 Verdad’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