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Volcker Alliance Inc at a glanceMostly funded, not a grantmaker: see who funds it →

· Public charity

Volcker Alliance Inc

The volcker alliance is a nonprofit founded by former federal reserve board chairman paul a.

$433k
Granted FY2024still arriving
9
Grants FY2024still arriving
7
States reached
$81k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Education$1.2MYouth Development$440kPublic Benefit$173kEmployment$164kScience & Tech$100kCrime & Legal$81kCommunity Improvement$60kArts & Culture$15k
02FY2024 · 9 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 9 grants below total $376,593, the rows itemized in this filing. The $432,989 headline is the total grant expense on the return; the other $56,396 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 · FY2024

  • $10k–50k8 grants · $296k
  • $50k–250k1 grant · $81k
$39,318
Median grant
7
States reached
$23M
Total assets
Largest grants
RecipientAmount
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY$80,990
ALBANY STATE UNIVERSITY$49,994
CLARK ATLANTA UNIVERSITY$47,939
FLORIDA INTERNATIONAL UNIVERSITY$41,432
UNIVERSITY OF SOUTHERN CALIFORNIA$39,318
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY$35,000
UNIVERSITY OF BALTIMORE SCHAEFER CENTER FOR PUBLIC POLICY$34,896
UNIVERSITY OF WISCONSIN-MADISON$29,874
JAMES MADISON UNIVERSITY$17,150
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 (FY20–24) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 84% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%UNIVERSITY OF NEBRASKA FOUNDATION: $99k → 13%CARNEGIE MELLON UNIVERSITY: $30k → 11%PENNSYLVANIA STATE UNIVERSITY: $100k → 16%UNIVERSITY OF SOUTHERN CALIFORNIA: $39k → 14%TEXAS SOUTHERN UNIVERSITY FOUNDATION: $100k → 16%NETWORK OF SCHOOLS OF PUBLIC POLICY AFFAIRS AND ADMINISTRATION: $48k → 14%MID AMERICA REGIONAL COUNCIL: $50k → 15%UNIVERSITY OF WISONSIN MADISON: $40k → 10%NORTH CAROLINA CENTRAL UNIVERSITY: $100k → 11%GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION: $100k → 13%ALBANY STATE UNIVERSITY: $50k → 28%INDIANA UNIVERSITY: $100k → 18%UNIVERSITY OF WASHINGTON: $100k → 9%GOVERNMENT COLLEGE RELATIONS COUNCIL: $30k → 7%MONTCLAIR STATE UNIVERSITY: $100k → 16%HUMANS OF PUBLIC SERVICES: $15k → 6%JAMES MADISON UNIVERSITY: $17k → 29%UNIVERSITY OF PITTSBURGH: $100k → 11%UNIVERSITY OF SOUTHERN CALIFORNIA: $8k → 14%MID AMERICA REGIONAL COUNCIL: $20k → 15%UNIVERSITY OF WISCONSIN-MADISON: $30k → 10%GEORGIA CITY SOLUTIONS INC: $20k → 13%GOVERNMENT COLLEGE RELATIONS COUNCIL INC: $10k → 7%JAMES MADISON UNIVERSITY: $17k → 29%CARNEGIE MELLON UNIVERSITY: $15k → 11%UNIVERSITY OF SOUTHERN CALIFORNIA: $7k → 14%CITY OF KANSAS CITY MISSOURI: $10k → 15%GEORGIA CITY SOLUTIONS INC: $20k → 13%GOVERNMENT COLLEGE RELATIONS COUNCIL INC: $10k → 7%CALIFORNIA STATUE UNIVERSITY DOMINGUEZ HILLS FOUNDATION: $20k → 14%CITY OF KANSAS CITY MISSOURI: $10k → 15%CLARK ATLANTA UNIVERSITY: $48k → 13%CALIFORNIA STATE UNIVERSITY DOMINGUEZ HILLS FOUNDATION: $20k → 14%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

WA
IL
WI
IN
PA
NJ
CA
NE
MO
VA
MD
AZ
NM
NC
DC
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.

28%of every dollar goes to organizations it has funded before.
$610k · 9 repeat orgs$1.5M to everyone else

Grantees it renews have grown median revenue +35% since the first grant, against +31% for those funded once.

9 repeat relationships: 3 still active in FY2024, 6 since wound down; 4 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

9
18

Total granted

$610k
$1.4M

Median revenue growth · since first grant

+35%
+31%

Still filing today

56%
33%

New vs renewed · share of each year

In FY2024, 50% of grant dollars renewed an existing relationship; $169k went to new ones.

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

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

’20’21’22’23’24
EducationCommunity ImprovementPublic 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

  • ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY
    3× · 2020–2024 · $226k · revenue +93%
  • The Rand Corporation
    3× · 2020–2023 · $91k · revenue +21%
  • CM
    Carnegie Mellon University
    2× · 2020–2021 · $45k · revenue +35%

Funded once

  • UNIVERSITY OF PITTSBURGH
    one grant, 2021 · $100k · revenue +11%
  • NC
    NORTH CAROLINA CENTRAL UNIVERSITY
    one grant, 2021 · $100k
  • IU
    Indiana University School of Medicine
    one grant, 2020 · $100k
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 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
2
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
3
Point Park University

Provides innovative education in a dynamic urban setting. dedicated to academic excellence and community engagement,we prepare students of diverse backgrounds with the knowledge, skill,and experience to lead meaningful lives as informed…

—
4
Lehigh University

The university's goal in the coming decade is to advance learning through the integration of teaching, research and service to others. the core of this goal is to prepare graduates to engage with the world and lead lives of meaning. to do…

Education
5
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
6
Clarkson University

Clarkson university is an independent, nationally recognized technological university whose faculty of teacher-scholars aspires to offer superior instruction and engage in high-quality research and scholarship in engineering, business,…

Education
7
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
8
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
9
Augustana College

Rooted in the liberal arts & sciences & lutheran expression of the christian faith, & is committed to offering a challenging education that develops qualities of mind, spirit, & body necessary for a rewarding life of leadership & service…

Education
10
President and Fellows of Harvard College

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

Education
11
Trustees of Clark University

Clark university's mission is to educate undergraduate and graduate students to be imaginative and contributing citizens of the world, and to advance the frontiers of knowledge and understanding through rigorous scholarship and creative…

Education
12
Golden Gate University

Golden gate university prepares individuals to lead and serve by providing high quality, practice-based educational programs in law, taxation, business and related professions - as a nonprofit institution - in an innovative and challenging…

Education
How this is measured
The grantee most central to the portfolio’s shape is University of Pittsburgh; the most unlike its peers is Georgia City Solutions Inc. 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

13 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. 13 of the 32 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)
13/13
Grantees still filing
12/13
Grew since first funded

Where the money sits, by cause and then by grantee

NORTH CAROLINA CENTRAL UNIVERSITY: $100,000 · OtherNORTH CAROLINA CENTRAL UNIVERSITYIndiana University School of Medicine: $100,000 · OtherIndiana University School of MedicinePENNSYLVANIA STATE UNIVERSITY: $100,000 · OtherPENNSYLVANIA STATE UNIVERSITYMONTCLAIR STATE UNIVERSITY: $100,000 · OtherMONTCLAIR STATE UNIVERSITYUNIVERSITY OF HOUSTON: $100,000 · OtherUNIVERSITY OF HOUSTONUNIVERSITY OF NEW MEXICO: $99,951 · OtherUNIVERSITY OF NEW MEXICOUNIVERSITY OF WASHINGTON: $99,865 · OtherUNIVERSITY OF WASHINGTONNORTH CAROLINA OFFICE OF THE GOVERNOR: $65,000 · OtherUNIVERSITY OF MARYLAND COLLEGE PARK: $63,273 · OtherGOVERNMENT COLLEGE RELATIONS COUNCIL: $50,000 · OtherMID-AMERICA REGIONAL COUNCIL: $50,000 · OtherALBANY STATE UNIVERSITY: $49,994 · OtherNETWORK OF SCHOOLS OF PUBLIC POLICY AFFAIRS AND ADMINISTRATION: $48,114 · OtherCarnegie Mellon University: $45,000 · Other+8 more: $250,480 · Other+8 moreARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY: $225,990 · EducationARIZONA STATE UNIVERSITY FOUNDATION F…UNIVERSITY OF PITTSBURGH: $100,000 · EducationUNIVERSITY OF PITTSBURGHTEXAS SOUTHERN UNIVERSITY FOUNDATIO: $100,000 · EducationTEXAS SOUTHERN UNIVERSITY FOUNDATIOGEORGIA STATE UNIVERSITY RESEARCH FOUNDATION INC: $99,721 · EducationGEORGIA STATE UNIVERSITY RESEARCH FOU…UNIVERSITY OF NEBRASKA FOUNDATION: $98,682 · EducationUNIVERSITY OF NEBRASKA FOUNDATIONUNIVERSITY OF SOUTHERN CALIFORNIA: $53,770 · EducationUNIVERSITY OF SOUTHERN CALIFORNIAClark Atlanta University Inc: $47,939 · EducationClark Atlanta University IncThe Rand Corporation: $91,269 · Public BenefitGEORGIA CITY SOLUTIONS INC: $40,000 · Community ImprovementMID-AMERICA REGIONAL COUNCIL COMMUNITY SERVICES CORPORATION: $20,000 · Community Improvement
Other$1,321,677Education$726,102Public Benefit$91,269Community Improvement$60,000

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 budgetARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY: $225,990 over 3y, 0.0% of budgetUNIVERSITY OF PITTSBURGH: $100,000 over 1y, 0.0% of budgetTEXAS SOUTHERN UNIVERSITY FOUNDATIO: $100,000 over 1y, 0.8% of budgetGEORGIA STATE UNIVERSITY RESEARCH FOUNDATION INC: $99,721 over 1y, 0.1% of budgetUNIVERSITY OF NEBRASKA FOUNDATION: $98,682 over 1y, 0.0% of budgetThe Rand Corporation: $91,269 over 3y, 0.0% of budgetUNIVERSITY OF SOUTHERN CALIFORNIA: $53,770 over 3y, 0.0% of budgetNETWORK OF SCHOOLS OF PUBLIC POLICY AFFAIRS AND ADMINISTRATION: $48,114 over 1y, 2.5% of budgetClark Atlanta University Inc: $47,939 over 1y, 0.0% of budgetCarnegie Mellon University: $45,000 over 2y, 0.0% of budgetGEORGIA CITY SOLUTIONS INC: $40,000 over 2y, 2.1% of budgetCALIFORNIA STATE UNIVERSITY DOMINGUEZ HILLS TORO AUXILIARY PARTNERS: $40,000 over 2y, 0.1% of budgetMID-AMERICA REGIONAL COUNCIL COMMUNITY SERVICES CORPORATION: $20,000 over 1y, 0.4% 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 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY ↗
  • Who funds UNIVERSITY OF PITTSBURGH ↗
  • Who funds TEXAS SOUTHERN UNIVERSITY FOUNDATIO ↗
  • Who funds GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION INC ↗
  • Who funds UNIVERSITY OF NEBRASKA FOUNDATION ↗
  • Who funds The Rand Corporation ↗
  • Who funds UNIVERSITY OF SOUTHERN CALIFORNIA ↗
  • Who funds NETWORK OF SCHOOLS OF PUBLIC POLICY AFFAIRS AND ADMINISTRATION ↗
  • Who funds Clark Atlanta University Inc ↗
  • Who funds Carnegie Mellon University ↗
  • Who funds GEORGIA CITY SOLUTIONS INC ↗
  • Who funds CALIFORNIA STATE UNIVERSITY DOMINGUEZ HILLS TORO AUXILIARY PARTNERS ↗
  • Who funds MID-AMERICA REGIONAL COUNCIL COMMUNITY SERVICES CORPORATION ↗

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.

Folds of Honor Founda…Tulsa Community Found…
Folds of Honor FoundationOK13.2× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: Folds of Honor Foundation · Tulsa Community 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 Volcker Alliance Inc funds: left to right is the share of its income from government, bottom to top the share from Volcker Alliance Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%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
    0get no government money at all
    2report 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.

    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 32 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Volcker Alliance’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