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Wabash College at a glanceMostly funded, not a grantmaker: see who funds it →

· 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.

$31M
Granted FY2024still arriving
33
Grants FY2024still arriving
18
States reached
$135k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead

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

15
’17
22
’18
19
’19
10
’20
35
’21
20
’22
22
’23
33
’24
19
’25

Amber years are those where most dollars went to a sponsor.

01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Education$5.4MCommunity Improvement$975kReligion$138kArts & Culture$82kYouth Development$15k
02FY2024 · 33 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 33 grants below total $1,038,461, the rows itemized in this filing. The $30,710,807 headline is the total grant expense on the return; the other $29,672,346 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

  • Under $10k3 grants · $22k
  • $10k–50k24 grants · $533k
  • $50k–250k6 grants · $483k
$28,273
Median grant
18
States reached
$694M
Total assets
Largest grants
RecipientAmount
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
COLGATE ROCHESTER CROZER DIVINITY SCHOOL$30,000
PRINCETON THEOLOGICAL SEMINARY$30,000
VIRGINIA UNION UNIVERSITY$30,000
MEADVILLE LOMBARD THEOLOGICAL SCHOO$30,000
WHITWORTH UNIVERSITY$30,000
DENVER SEMINARY$29,585
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 (FY17–25) land where the poverty rate runs at 12%, against an area that typically sits at 10%. 83% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%BOSTON UNIVERSITY: $50k → 16%GUSTAVUS ADOLPHUS COLLEGE: $42k → 9%RECONSTRUCTIONAL RABBINICAL COLLEGE: $30k → 7%UNITED LUTHERAN SEMINARY: $112k → 9%PITTSBURGH THEOLOGICAL: $30k → 11%INTERFAITH CENTER OF GREATER PHILADELPHIA: $30k → 22%DOMINICAN UNIVERSITY OF CALIFORNIA: $30k → 8%CHURCH DIVINITY SCHOOL OF THE PACIFIC: $30k → 10%CLAREMONT GRADUATE UNIVERSITY: $50k → 14%FORDHAM UNIVERSITY: $50k → 28%AUSTIN PRESBYTERIAN THEOLOGY: $85k → 10%BAYLOR UNIVERSITY: $50k → 16%THE CATHOLIC UNIVERSITY OF AMERICA: $50k → 14%ASOCIACION PARA LA EDUCACION TEOLOGICA HISPANA: $50k → 13%WARTBURG THEOLOGICAL SEMINARY: $30k → 11%GREAT LAKES COLLEGES ASSOCIATION INC: $278k → 14%RELIGIOUS EDUCATION ASSOCIATION INC: $35k → 12%COLUMBIA THEOLOGICAL SEMINARY INC: $44k → 14%THE ILIFF SCHOOL OF THEOLOGY: $40k → 12%KANKAKEE VALLEY SCHOOL CORP: $82k → 9%MONTGOMERY COUNTY COMMUNITY FOUNDATION: $975k → 11%INDIANA UNIVERSITY: $50k → 18%GONZAGA UNIVERSITY: $35k → 12%SAMUEL DEWITT PROCTOR CONFERENCE INC: $50k → 14%DREW UNIVERSITY: $51k → 4%SAINT ANSELM COLLEGE: $50k → 7%ASBURY THEOLOGICAL SEMINARY: $56k → 12%BOSTON UNIVERSITY: $35k → 16%GUSTAVUS ADOLPHUS COLLEGE: $32k → 9%DUQUESNE UNIVERSITY: $50k → 11%AUSTIN PRESBYTERIAN THEOLOGICAL SEMINARY: $45k → 10%GREAT LAKES COLLEGES ASSOCIATION INC: $167k → 14%EDEN THEOLOGICAL SEMINARY: $35k → 11%KANKAKEE VALLEY SCHOOL CORPORATION: $41k → 9%DREW UNIVERSITY: $50k → 4%AUSTIN PRESBYTERIAN THEOLOGY: $38k → 10%GREAT LAKES COLLEGES ASSOCIATION INC: $142k → 14%INTERDENOMINATIONAL THEOLOGICAL CENTER: $35k → 13%EMORY UNIVERSITY: $50k → 14%KANKAKEE VALLEY SCHOOL CORP: $41k → 9%DREW UNIVERSITY: $42k → 4%HOWARD UNIVERSITY: $60k → 14%GREAT LAKES COLLEGES ASSOCIATION INC: $108k → 14%EMORY UNIVERSITY: $35k → 14%CHICAGO THEOLOGICAL SEMINARY: $34k → 14%SOCIETY OF BIBLICAL LITERATURE: $80k → 14%SOCIETY OF BIBLICAL LITERATURE: $75k → 14%GARRETT EVANGELICAL: $135k → 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

ME
NH
WA
MN
IL
WI
MI
NY
MA
OR
IA
IN
OH
PA
NJ
CT
CA
CO
NE
MO
KY
VA
MD
DE
KS
TN
NC
DC
HI
OK
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.

66%of every dollar goes to organizations it has funded before.
$3.7M · 41 repeat orgs$1.9M to everyone else

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

Re-uppedFunded once

Organizations

41
61

Total granted

$3.7M
$1.4M

Median revenue growth · since first grant

+17%
+26%

Still filing today

66%
79%

New vs renewed · share of each year

In FY2025, 66% of grant dollars renewed an existing relationship; $187k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

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

’17’18’19’20’21’22’23’24’25
EducationReligionArts & CultureOther
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

  • SO
    Society of Biblical Literature
    3× · 2022–2025 · $181k · revenue +7%
  • TRUSTEES OF BOSTON UNIVERSITY
    4× · 2018–2023 · $130k · revenue +40%
  • BAYLOR UNIVERSITY
    3× · 2018–2024 · $115k · revenue +53%

Funded once

  • AT
    ASBURY THEOLOGICAL SEMINARYgraduated
    one grant, 2018 · $56k · revenue +52%
  • AP
    ASOCIACION PARA LA EDUCACION TEOLOGICA HISPANA INCgraduated
    one grant, 2023 · $50k · revenue +362%
  • CG
    Claremont Graduate University
    one grant, 2017 · $50k · revenue -8%
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
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
2
Saint Xavier University

Saint xavier university, a catholic institution inspired by the heritage of the sisters of mercy, educates persons to search for truth, think critically, communicate effectively and serve wisely and compassionately in support of human…

Education
3
Loyola University

Loyola University New Orleans, a Jesuit and Catholic institution of higher education, welcomes students of diverse backgrounds and prepares them to lead meaningful lives with and for others; to pursue truth, wisdom, and virtue; and to work…

Education
4
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
5
Trinity University

Trinity university is an independent co-educational university whose mission is excellence in the interrelated areas of teaching, research and services.

Education
6
University of the South

The College of Arts and Sciences is committed to the development of the whole person through a liberal arts education of the highest quality. The School of Theology educates women and men to serve the broad whole of the Episcopal Church in…

Education
7
John Brown University

John brown university (jbu) provides christ-centered education that prepares students to honor god and serve others by developing their intellectual, spiritual, and professional lives. (continued on schedule o)jbu serves traditional…

Education
8
California Lutheran University

The mission of the university is to educate leaders for a global society who are strong in character and judgment, confident in their identity and vocation, and committed to service and justice.

Education
9
Regent University

Regent University serves as a center of Christian thought and action to provide excellent education through a Biblical perspective and global context equipping Christian leaders to change the world.

—
10
Boston Architectural College

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

—
11
Augustana University Association

Inspired by lutheran scholarly tradition and the liberal arts, augustana provides an education of enduring worth that challenges the intellect, fosters integrity and integrates faith with learning and service in a diverse world.

Education
12
Dordt University

As an institution of higher education committed to the reformed christian perspective, dordt university equips students, alumni, and the broader community to work effectively toward christ-centered renewal in all aspects of contemporary…

Education
How this is measured
The grantee most central to the portfolio’s shape is University of St Thomas; 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.
04the grantee network

90 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. 90 of the 123 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)
2
Early backer (in before they grew)
89/90
Grantees still filing
61/90
Grew since first funded

Where the money sits, by cause and then by grantee

GREAT LAKES COLLEGES ASSOCIATION INC: $694,848 · EducationGREAT LAKES COLLEGES ASSOCIATION INCDREW UNIVERSITY: $200,628 · EducationDREW UNIVERSITYGUSTAVUS ADOLPHUS COLLEGE: $134,528 · EducationBAYLOR UNIVERSITY: $115,213 · EducationVanderbilt University: $111,190 · Education+67 more: $1,886,852 · Education+67 moreCOLUMBIA THEOLOGICAL SEMINARY: $275,384 · OtherCOLUMBIA THEOLOGICAL SEMINARYAUSTIN PRESBYTERIAN THEOLOGIAL SEMINARY: $188,195 · OtherAUSTIN PRESBYTERIAN THEOLOGIAL SEMINA…KANKAKEE VALLEY SCHOOL CORP: $164,765 · OtherKANKAKEE VALLEY SCHOOL CORPGARRETT EVANGELICAL THEOLOGICAL SEMINARY: $162,930 · OtherGARRETT EVANGELICAL THEOLOGICAL SEMIN…TRUSTEES OF BOSTON UNIVERSITY: $129,758 · OtherTRUSTEES OF BOSTON UNIVERSITYUNITED LUTHERAN SEMINARY: $112,000 · OtherCOLORADO STATE UNIVERSITY: $73,887 · Other+38 more: $1,087,561 · Other+38 moreMONTGOMERY COUNTY COMMUNITY FOUNDATION INC: $975,000 · PhilanthropyMONTGOMERY COUNT…Society of Biblical Literature: $180,756 · Arts & CultureHOLY WOMEN ICONS PROJECT: $29,200 · Arts & CultureSAMUEL DEWITT PROCTOR CONFERENCE INC: $50,000 · ReligionRELIGIOUS EDUCATION ASSOCIATION: $42,000 · ReligionINTERFAITH CENTER OF GREATER PHILADELPHIA: $30,000 · Religion
Education$3,143,259Other$2,194,480Philanthropy$975,000Arts & Culture$209,956Religion$122,000

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 budgetMONTGOMERY COUNTY COMMUNITY FOUNDATION INC: $975,000 over 1y, 8.8% of budgetGREAT LAKES COLLEGES ASSOCIATION INC: $694,848 over 4y, 13% of budgetDREW UNIVERSITY: $200,628 over 4y, 0.0% of budgetSociety of Biblical Literature: $180,756 over 3y, 1.9% of budgetGUSTAVUS ADOLPHUS COLLEGE: $134,528 over 5y, 0.0% of budgetTRUSTEES OF BOSTON UNIVERSITY: $129,758 over 4y, 0.0% of budgetBAYLOR UNIVERSITY: $115,213 over 3y, 0.0% of budgetVanderbilt University: $111,190 over 5y, 0.0% of budgetEmory University: $104,000 over 3y, 0.0% of budgetUNIVERSITY OF DENVER: $72,500 over 3y, 0.0% of budgetMETHODIST THEOLOGICAL SCHOOL IN OHIO: $72,500 over 3y, 0.5% of budgetFordham University: $68,500 over 2y, 0.0% of budgetTHE HOWARD UNIVERSITY: $67,500 over 2y, 0.0% of budgetCENTRE COLLEGE: $60,000 over 2y, 0.0% of budgetASBURY THEOLOGICAL SEMINARY: $56,010 over 1y, 0.2% of budgetASOCIACION PARA LA EDUCACION TEOLOGICA HISPANA INC: $50,000 over 1y, 10% of budgetClaremont Graduate University: $50,000 over 1y, 0.1% of budgetTHE CATHOLIC UNIVERSITY OF AMERICA: $50,000 over 1y, 0.0% of budgetDUQUESNE UNIVERSITY OF THE HOLY SPIRIT: $50,000 over 1y, 0.0% of budgetSAMUEL DEWITT PROCTOR CONFERENCE INC: $50,000 over 1y, 1.6% of budgetSAINT ANSELM COLLEGE: $50,000 over 1y, 0.0% of budgetSouthern California School Of Theology: $48,976 over 2y, 0.3% of budgetBSK THEOLOGICAL SEMINARY INC: $45,000 over 2y, 3.1% of budgetGEORGE FOX UNIVERSITY: $44,950 over 3y, 0.0% of budgetEDEN THEOLOGICAL SEMINARY: $42,486 over 2y, 0.5% of budgetRELIGIOUS EDUCATION ASSOCIATION: $42,000 over 2y, 26% of budgetEarlham College Inc: $37,500 over 2y, 0.0% of budgetUniversity of Dayton: $35,600 over 2y, 0.0% of budgetCORPORATION OF GONZAGA UNIVERSITY: $34,937 over 1y, 0.0% of budgetInterdenominational Theological Center Inc: $34,810 over 1y, 0.5% of budgetVIRGINIA UNION UNIVERSITY: $30,000 over 1y, 0.1% of budgetDUKE UNIVERSITY: $30,000 over 1y, 0.0% of budgetWHITWORTH UNIVERSITY: $30,000 over 1y, 0.0% of budgetBETHANY COLLEGE: $30,000 over 1y, 0.1% of budgetDOMINICAN UNIVERSITY OF CALIFORNIA: $30,000 over 1y, 0.0% of budgetAUBURN THEOLOGICAL SEMINARY: $30,000 over 1y, 0.3% of budgetDEPAUL UNIVERSITY: $30,000 over 1y, 0.0% of budgetUNION UNIVERSITY: $30,000 over 1y, 0.0% of budgetNORTH PARK UNIVERSITY: $30,000 over 1y, 0.0% of budgetPresident and Fellows of Harvard College: $29,975 over 1y, 0.0% of budgetBenedictine University: $29,928 over 1y, 0.0% of budgetSouthern Methodist University: $29,855 over 1y, 0.0% of budgetLOYOLA UNIVERSITY OF CHICAGO: $29,673 over 1y, 0.0% of budgetSAINT JOHN'S UNIVERSITY: $29,425 over 1y, 0.0% of budgetJOHNS HOPKINS UNIVERSITY: $29,398 over 1y, 0.0% of budgetAgnes Scott College: $29,166 over 1y, 0.0% of budgetLUTHER COLLEGE: $28,000 over 1y, 0.0% of budgetHanover College: $27,868 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.

Lilly Endowment IncE Rhodes and Leona B …American Association …Calvin UniversityThe Henry Luce Founda…Ibm International Fou…Council of Independen…National Collegiate A…The Scudder Associati…Magee Christian Educa…Jones Adora S Ministe…The Oklahoma United M…
Lilly Endowment IncIN63.5× affinity37 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

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

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 Wabash College funds: left to right is the share of its income from government, bottom to top the share from Wabash College. Bigger dots raise more.

2025
’20’21’22’23’24’25
no gov · 50%2%8%17%30%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 4%
  • 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
no gov moneyreceives it· size = income
5get 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
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 123 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 Wabash College’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