· Public charity
Wabash College
Wabash College is a liberal arts college for men that educates them to think critically, act responsibly, lead effectively, and live humanely.
Read this first · the figures below need context
64% of Wabash College’s FY2025 grant dollars went to Montgomery County Community Foundation Inc, not to grantees.
Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2025 names 19 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2024, the last year Wabash College named its own grantees at scale: 33 organizations, $1M. It is dated, not current.
Organizations named directly on the return
Amber years are those where most dollars went to a sponsor.
What you funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year — across FY2017–2025.
Where the money goes
Your grants by size, and where they go.
The 33 grants below total $1,038,461 — the rows itemised in this filing. The $30,710,807 headline is the total grant expense reported on the return, so the remaining $29,672,346 is giving the schedule does not break out: grants under the $5,000 itemisation floor, grants to individuals, and grants reported on other schedules. Every figure below describes the itemised rows only.
By grant size · FY2024
- Under $10k3 grants · $22k
- $10k–50k24 grants · $533k
- $50k–250k6 grants · $483k
| Recipient | Amount |
|---|---|
| GARRETT EVANGELICAL | $134,908 |
| UNITED LUTHERAN SEMINARY | $112,000 |
| COLUMBIA THEOLOGICAL SEMINARY | $75,000 |
| HOWARD UNIVERSITY | $60,000 |
| DREW UNIVERSITY | $50,770 |
| SAMUEL DEWITT PROCTOR CONFERENCE INC | $50,000 |
| THE ILIFF SCHOOL OF THEOLOGY | $40,000 |
| EMORY UNIVERSITY | $35,000 |
| PITTSBURGH THEOLOGICAL | $30,000 |
| MEADVILLE LOMBARD THEOLOGICAL SCHOO | $30,000 |
| WHITWORTH UNIVERSITY | $30,000 |
| COLGATE ROCHESTER CROZER DIVINITY SCHOOL | $30,000 |
| VIRGINIA UNION UNIVERSITY | $30,000 |
| PRINCETON THEOLOGICAL SEMINARY | $30,000 |
| DENVER SEMINARY | $29,585 |
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.
Dollar for dollar, your grants (FY17–25) land where the poverty rate runs at 12%, against an area that typically sits at 10%. 83% of your dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.
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
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.
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.
41 repeat relationships — 21 still active in FY2024, 20 since wound down; 19 grantees were first funded in FY2024 (too recent to call). Read against FY2024, the last year this funder named its own grantees directly; its giving has since run through a sponsor, which reports no donor behind each grant.
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2025, 66% of grant dollars renewed an existing relationship; $187k went to new ones.
Where new relationships form · theme of each grantee’s first grant
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
- SOSociety of Biblical Literature3× · 2022–2025 · $181k · revenue +7%
TRUSTEES OF BOSTON UNIVERSITY4× · 2018–2023 · $130k · revenue +40%
BAYLOR UNIVERSITY3× · 2018–2024 · $115k · revenue +53%
Funded once
- ATASBURY THEOLOGICAL SEMINARYgraduatedone grant, 2018 · $56k · revenue +52%
- APASOCIACION PARA LA EDUCACION TEOLOGICA HISPANA INCgraduatedone grant, 2023 · $50k · revenue +362%
- TCTHE CATHOLIC UNIVERSITY OF AMERICAone grant, 2018 · $50k · revenue +17%
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
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.
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For reference, the grantee most central to the portfolio’s shape is University of St Thomas and the most unlike its peers is Holy Women Icons Project. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.
Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.
Your grantees are a median of 76 years old; the field is 16. You back the established end — and your money leans older still.
The field is 22% startups (under 5 years old) — 2% of your grantees by number, and just 1% of your money.
The orgs you fund almost never close — 0.8% lost their exemption, against 13% of the field you don’t fund.
Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.
90 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 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 90 of the 123 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.
Where your money sits — by cause, then by grantee
Each org by its size and your share of it — top-left is where you’re load-bearing
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 MONTGOMERY COUNTY COMMUNITY FOUNDATION INC ↗
- Who funds GREAT LAKES COLLEGES ASSOCIATION INC ↗
- Who funds DREW UNIVERSITY ↗
- Who funds Society of Biblical Literature ↗
- Who funds GUSTAVUS ADOLPHUS COLLEGE ↗
- Who funds TRUSTEES OF BOSTON UNIVERSITY ↗
- Who funds BAYLOR UNIVERSITY ↗
- Who funds Vanderbilt University ↗
- Who funds Emory University ↗
- Who funds METHODIST THEOLOGICAL SCHOOL IN OHIO ↗
- Who funds UNIVERSITY OF DENVER ↗
- Who funds Fordham University ↗
- Who funds THE HOWARD UNIVERSITY ↗
- Who funds CENTRE COLLEGE ↗
- Who funds ASBURY THEOLOGICAL SEMINARY ↗
- Who funds ASOCIACION PARA LA EDUCACION TEOLOGICA HISPANA INC ↗
- Who funds THE CATHOLIC UNIVERSITY OF AMERICA ↗
- Who funds SAINT ANSELM COLLEGE ↗
- Who funds DUQUESNE UNIVERSITY OF THE HOLY SPIRIT ↗
- Who funds Claremont Graduate University ↗
- Who funds SAMUEL DEWITT PROCTOR CONFERENCE INC ↗
- Who funds Southern California School Of Theology ↗
- Who funds BSK THEOLOGICAL SEMINARY INC ↗
- Who funds GEORGE FOX UNIVERSITY ↗
- Who funds EDEN THEOLOGICAL SEMINARY ↗
- Who funds RELIGIOUS EDUCATION ASSOCIATION ↗
- Who funds Earlham College 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.
Open a dossier: Lilly Endowment Inc · E Rhodes and Leona B Carpenter Foundation · American Association for the Advancement of Science · Calvin University · The Henry Luce Foundation Inc · Ibm International Foundation · Council of Independent Colleges · National Collegiate Athletic Association · The Scudder Association Foundation Inc · Magee Christian Education Foundation · Jones Adora S Ministerial Trust · The Oklahoma United Methodist Foundation
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 Wabash College 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.
- University of Delaware — 25% of income from government
- Trustees of Boston University — 12% of income from government
- Johns Hopkins University — 11% of income from government
- President and Fellows of Harvard College — 5% of income from government
- Bushnell University Fka Northwest Christian University — 5% of income from government
- Willamette University — 4% of income from government
- George Fox University — 3% of income from government
- Trustees of Boston College — 2% of income from government
- University of Saint Joseph — 1% of income from government
- Fairfield University — 1% of income from government
- Drew University — 0% of income from government
- Williams College — 0% of income from government
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.