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Wachtell Lipton Rosen & Katz Foundation at a glance

· Private foundation

Wachtell Lipton Rosen & Katz Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$9.1M
Granted FY2025still arriving
98
Grants FY2025still arriving
17
States reached
$1.4M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0198% classified

What it funded, over time

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

Education$10MCrime & Legal$9.0MHealth$6.0MInternational$3.1MPhilanthropy$2.5MArts & Culture$956kCommunity Improvement$956kCivil Rights$810kOther$0
02FY2025 · 98 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k19 grants · $70k
  • $10k–50k44 grants · $941k
  • $50k–250k27 grants · $2.3M
  • $250k+8 grants · $5.8M
$25,000
Median grant
17
States reached
$35M
Total assets
Largest grants
RecipientAmount
COLUMBIA LAW SCHOOL$1,378,000
NEW YORK CITY PARTNERSHIP FOUNDATION INC$1,250,000
NYU LANGONE HEALTH$1,210,000
NYU SCHOOL OF LAW$602,500
PREP FOR PREP$500,000
UNIVERSITY OF CHICAGO LAW SCHOOL$339,000
THE LEGAL AID SOCIETY$320,500
INNER-CITY SCHOLARSHIP FUND$250,000
CHILDREN'S AID SOCIETY$240,000
HARVARD LAW SCHOOL$185,000
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY$165,000
UNIVERSITY OF DELAWARE$100,000
LOS ANGELES REGIONAL FOOD BANK$100,000
FIREAID LA$100,000
PASADENA EDUCATIONAL FOUNDATION$100,000
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 (FY20–25, $3.2M) land where the poverty rate runs at 16%, against an area that typically sits at 10%. 92% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%Marc Lustgarten Pancreatic Cancer Foundation: $25k → 6%Community Hope Inc: $50k → 5%COMMUNITY HOPE INC: $50k → 4%Community Hope Inc: $25k → 5%Community Hope Inc: $50k → 4%Community Hope Inc: $50k → 4%METROPOLITAN FAMILY SERVICES: $25k → 14%NARAL Pro Choice America: $25k → 14%AMERICAN RED CROSS: $25k → 14%Aspira of New York Incorporated: $15k → 17%CHILDREN'S AID SOCIETY: $240k → 17%Hudson Guild: $10k → 17%YMCA of Greater New York: $25k → 17%Hudson Guild: $10k → 17%Sonia and Celina Sotomayor Judicial Internship Pro: $25k → 17%Comprehensive Youth Development: $5k → 17%New York Police & Fire Widows and Children Benefit: $25k → 17%New York Police & Fire Widows and Children Benefit: $25k → 17%Innocence Project: $50k → 17%Children's Aid Society: $785k → 17%Children's Aid Society: $645k → 17%Children's Aid Society: $241k → 17%Innocence Project: $50k → 17%Children's Aid Society: $240k → 17%Children's Aid Society: $150k → 17%Harlem Children's Zone: $50k → 17%Harlem Children's Zone: $25k → 17%Aspira of New York Incorporated: $25k → 17%Aspira of New York Incorporated: $25k → 17%TEAK Fellowship: $50k → 17%TEAK Fellowship: $25k → 17%TEAK Fellowship: $25k → 17%TEAK Fellowship: $25k → 17%TEAK Fellowship: $25k → 17%TEAK FELLOWSHIP: $25k → 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

IL
MI
NY
MA
IN
OH
PA
NJ
CT
CA
MO
VA
MD
DE
AZ
TN
NC
DC
AL
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.

85%of every dollar goes to organizations it has funded before.
$37M · 118 repeat orgs$6.7M to everyone else

Grantees it renews have grown median revenue +12% since the first grant, against +7% for those funded once.

118 repeat relationships: 68 still active in FY2025, 50 since wound down; 25 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

118
100

Total granted

$37M
$5.6M

Median revenue growth · since first grant

+12%
+7%

Still filing today

75%
67%

New vs renewed · share of each year

In FY2025, 88% of grant dollars renewed an existing relationship; $1.0M went to new ones.

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

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

’20’21’22’23’24’25
EducationCrime & LegalArts & CultureHuman ServicesHealthPhilanthropyOther
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

  • PF
    PREP FOR PREP
    6× · 2020–2025 · $2.5M · revenue +22%
  • TC
    THE CHILDREN'S AID SOCIETY
    6× · 2020–2025 · $2.3M · revenue +36%
  • TL
    THE LEGAL AID SOCIETY
    6× · 2020–2025 · $1.5M · revenue +33%

Funded once

  • NY
    New York University Office of Gift Administration
    one grant, 2020 · $2.2M
  • IR
    International Rescue Committee INC
    one grant, 2022 · $1.0M · revenue -4%
  • SF
    SPONSORS FOR EDUCATIONAL OPPORTUNITY INCgraduated
    one grant, 2020 · $250k · revenue +125%
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
Manhattanville University

To educate students to be ethical and socially responsible leaders in a global community.

Education
2
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
3
Association of American Law Schools Inc

The association of american law schools' mission is to uphold and advance excellence in legal education.

Education
4
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
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
The American College of Trust and Estate Counsel

Enhance the ability of actec members to provide the most efficient and highest quality services to their clients; develop qualified trust and estate counselors; improve and reform probate, trust and tax laws, procedures, and standards of…

Community Improvement
7
New York University School of Law Foundation

The foundation, a subsidiary of new york university, fosters legal education and research at new york university's school of law by awarding scholarships, making grants for educational purposes related to law, and supporting programs of…

Education
8
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
9
Fordham University

Fordham university, the jesuit university of new york, is committed to the discovery of wisdom and the transmission of learning, through research and through education of the highest quality. for more information, see schedule o.

Education
10
Boston Architectural College

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

—
11
Long Island University

To provide excellence and access in private higher education to those who seek to expand their knowledge and prepare themselves for meaningful, educated lives and for service to their communities and the world.

—
12
Stony Brook Urology University Faculty Practice Corporation

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

Health
How this is measured
The grantee most central to the portfolio’s shape is Her Justice Inc; the most unlike its peers is National Black Law Students Association. 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

186 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. 186 of the 249 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)
16
Early backer (in before they grew)
185/186
Grantees still filing
103/186
Grew since first funded

Where the money sits, by cause and then by grantee

NYU Langone Health: $6,430,000 · OtherNYU Langone HealthNew York University School of Law: $2,947,500 · OtherNew York University School of LawNYU School of Law: $2,812,500 · OtherNYU School of LawCOLUMBIA LAW SCHOOL: $2,692,000 · OtherCOLUMBIA LAW SCHOOLNew York University Office of Gift Administration: $2,230,000 · OtherNew York University Office of Gift AdministrationHarvard Law School: $1,108,500 · Other+98 more: $7,353,500 · Other+98 morePREP FOR PREP: $2,500,000 · EducationPREP FOR PREPUniversity of Chicago: $641,500 · EducationUniversity of…New York University: $285,000 · EducationNew York Univ…HER JUSTICE INC: $265,000 · EducationSPONSORS FOR EDUCATIONAL OPPORTUNITY INC: $250,000 · EducationTRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: $204,500 · Education+26 more: $1,185,500 · Education+26 moreNew York City Partnership Foundation Inc: $2,000,000 · PhilanthropyNew York Cit…UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK INC: $1,239,400 · PhilanthropyUNITED JEWIS…FOUNDATION FOR THE CAROLINAS: $1,000,000 · PhilanthropyFOUNDATION F…ROBIN HOOD FOUNDATION: $250,000 · Philanthropy+8 more: $362,500 · Philanthropy+8 moreTHE CHILDREN'S AID SOCIETY: $2,300,800 · Human ServicesCommunity Hope Inc: $225,000 · Human ServicesTHE TEAK FELLOWSHIP INC: $175,000 · Human Services+12 more: $520,000 · Human ServicesTHE LEGAL AID SOCIETY: $1,535,300 · Crime & LegalEQUAL JUSTICE WORKS: $283,000 · Crime & LegalAMERICAN LAW INSTITUTE: $250,000 · Crime & LegalVERA INSTITUTE OF JUSTICE INC: $175,000 · Crime & LegalFEDERAL BAR FOUNDATION: $155,000 · Crime & Legal+11 more: $367,500 · Crime & LegalInternational Rescue Committee INC: $1,000,000 · InternationalAMERICAN FRIENDS OF HEBREW UNIVERSITY INC: $615,000 · InternationalAMERICAN FRIENDS OF THE RAMBAM MEDICAL CENTER: $158,000 · International+4 more: $100,000 · InternationalTHE JEWISH MUSEUM: $225,000 · Arts & CultureWORLD TRADE CENTER PERFORMING ARTS CENTER INC: $150,000 · Arts & CultureNew York Historical Society: $120,000 · Arts & CultureAMERICAN FRIENDS OF THE ISRAEL MUSEUM: $100,000 · Arts & CultureTHE FRIENDS OF THE ISRAEL ANTIQUITIES AUTHORITY INC: $97,000 · Arts & CultureAMERICAN MUSEUM OF THE MOVING IMAGE: $50,000 · Arts & CultureTHE PHILHARMONIC SYMPHONY SOCIETY OF NY INC: $50,000 · Arts & Culture+7 more: $125,000 · Arts & Culture
Other$25,574,000Education$5,331,500Philanthropy$4,851,900Human Services$3,220,800Crime & Legal$2,765,800International$1,873,000Arts & Culture$917,000

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%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetPREP FOR PREP: $2,500,000 over 6y, 4.5% of budgetTHE CHILDREN'S AID SOCIETY: $2,300,800 over 6y, 0.5% of budgetNew York City Partnership Foundation Inc: $2,000,000 over 4y, 4.9% of budgetTHE LEGAL AID SOCIETY: $1,535,300 over 6y, 0.1% of budgetUNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK INC: $1,239,400 over 6y, 0.1% of budgetFOUNDATION FOR THE CAROLINAS: $1,000,000 over 1y, 0.1% of budgetInternational Rescue Committee INC: $1,000,000 over 1y, 0.1% of budgetUniversity of Chicago: $641,500 over 3y, 0.0% of budgetAMERICAN FRIENDS OF HEBREW UNIVERSITY INC: $615,000 over 5y, 0.2% of budgetMobilization for Justice Inc: $375,000 over 5y, 0.4% of budgetNew York University: $285,000 over 4y, 0.0% of budgetEQUAL JUSTICE WORKS: $283,000 over 3y, 0.6% of budgetHER JUSTICE INC: $265,000 over 6y, 1.1% of budgetAMERICAN LAW INSTITUTE: $250,000 over 5y, 0.4% of budgetSPONSORS FOR EDUCATIONAL OPPORTUNITY INC: $250,000 over 1y, 0.7% of budgetROBIN HOOD FOUNDATION: $250,000 over 1y, 0.1% of budgetLawyers' Committee for Civil Rights Under Law: $250,000 over 3y, 0.5% of budgetTHE JEWISH MUSEUM: $225,000 over 5y, 0.6% of budgetCommunity Hope Inc: $225,000 over 5y, 0.4% of budgetASPHALT GREEN INC: $225,000 over 4y, 0.3% of budgetTRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: $204,500 over 4y, 0.0% of budgetTHE TEAK FELLOWSHIP INC: $175,000 over 6y, 0.5% of budgetVERA INSTITUTE OF JUSTICE INC: $175,000 over 4y, 0.0% of budgetWILLIAM J BRENNAN CENTER FOR JUSTICE INC: $175,000 over 2y, 0.1% of budgetTHE MOUNT SINAI MEDICAL CENTER: $165,000 over 6y, 2.5% of budgetAMERICAN FRIENDS OF THE RAMBAM MEDICAL CENTER: $158,000 over 4y, 1.7% of budgetFEDERAL BAR FOUNDATION: $155,000 over 5y, 11% of budgetWORLD TRADE CENTER PERFORMING ARTS CENTER INC: $150,000 over 3y, 0.1% of budgetMARINE CORPS SCHOLARSHIP FOUNDATION INC: $150,000 over 1y, 0.4% of budgetNEW YORK LEGAL ASSISTANCE GROUP INC: $150,000 over 4y, 0.1% of budgetASIAN AMERICAN LEGAL DEFENSE AND EDUCATION FUND: $150,000 over 3y, 1.4% of budgetPUBLIC ART FUND INC: $150,000 over 5y, 0.8% of budgetGOD'S LOVE WE DELIVER INC: $150,000 over 2y, 0.2% of budgetTHE ROOSEVELT INSTITUTE: $125,000 over 5y, 0.2% of budgetTHE CENTER FOR REPRODUCTIVE RIGHTS INC: $125,000 over 3y, 0.1% of budgetNew York Historical Society: $120,000 over 5y, 0.1% of budgetBET TZEDEK: $111,000 over 4y, 0.2% of budgetUNIVERSITY OF DELAWARE: $110,000 over 2y, 0.0% of budgetTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $104,500 over 3y, 0.0% of budgetTHE INNOCENCE PROJECT INC: $100,000 over 2y, 0.1% of budgetGREATER NEW YORK COUNCILS BOY SCOUTS OF AMERICA: $100,000 over 4y, 0.3% of budgetLOS ANGELES REGIONAL FOOD BANK: $100,000 over 1y, 0.0% of budgetPASADENA EDUCATIONAL FOUNDATION: $100,000 over 1y, 0.5% of budgetAMERICAN JEWISH COMMITTEE: $100,000 over 3y, 0.1% of budgetPURSUIT TRANSFORMATION COMPANY INC: $100,000 over 2y, 0.4% of budgetAMERICAN FRIENDS OF THE ISRAEL MUSEUM: $100,000 over 3y, 0.2% of budgetTHE FRIENDS OF THE ISRAEL ANTIQUITIES AUTHORITY INC: $97,000 over 3y, 2.4% of budgetFDNY FOUNDATION INC: $95,000 over 4y, 0.3% 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 PREP FOR PREP ↗
  • Who funds THE CHILDREN'S AID SOCIETY ↗
  • Who funds New York City Partnership Foundation Inc ↗
  • Who funds THE LEGAL AID SOCIETY ↗
  • Who funds UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK INC ↗
  • Who funds FOUNDATION FOR THE CAROLINAS ↗
  • Who funds International Rescue Committee INC ↗
  • Who funds University of Chicago ↗
  • Who funds AMERICAN FRIENDS OF HEBREW UNIVERSITY INC ↗
  • Who funds Mobilization for Justice Inc ↗
  • Who funds New York University ↗
  • Who funds EQUAL JUSTICE WORKS ↗
  • Who funds HER JUSTICE INC ↗
  • Who funds AMERICAN LAW INSTITUTE ↗
  • Who funds SPONSORS FOR EDUCATIONAL OPPORTUNITY INC ↗
  • Who funds ROBIN HOOD FOUNDATION ↗
  • Who funds Lawyers' Committee for Civil Rights Under Law ↗
  • Who funds INNER CITY SCHOLARSHIP FUND INC ↗
  • Who funds THE JEWISH MUSEUM ↗
  • Who funds Community Hope Inc ↗
  • Who funds ASPHALT GREEN INC ↗
  • Who funds TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA ↗
  • Who funds THE TEAK FELLOWSHIP INC ↗
  • Who funds VERA INSTITUTE OF JUSTICE INC ↗
  • Who funds WILLIAM J BRENNAN CENTER FOR JUSTICE INC ↗
  • Who funds THE MOUNT SINAI MEDICAL CENTER ↗
  • Who funds AMERICAN FRIENDS OF THE RAMBAM MEDICAL CENTER ↗
  • Who funds FEDERAL BAR FOUNDATION ↗
  • Who funds WORLD TRADE CENTER PERFORMING ARTS CENTER INC ↗

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.

United Way Miami IncQuinn Emanuel Foundat…The Gibson Dunn & Cru…The Sidley Austin Fou…The Goldman Sachs Cha…Weil Gotshal & Manges…The New York Communit…Katten Muchin Rosenma…The Hyde and Watson F…Perkins Coie Foundati…Jewish Communal FundThe Morrison & Foerst…
United Way Miami IncFL56.1× affinity27 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: United Way Miami Inc · Quinn Emanuel Foundation · The Gibson Dunn & Crutcher Foundation · The Sidley Austin Foundation · The Goldman Sachs Charitable Gift Fund · Weil Gotshal & Manges Foundation Inc · The New York Community Trust · Katten Muchin Rosenman Foundation Inc · The Hyde and Watson Foundation · Perkins Coie Foundation · Jewish Communal Fund · The Morrison & Foerster 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 Wachtell Lipton Rosen & Katz Foundation funds: left to right is the share of its income from government, bottom to top the share from Wachtell Lipton Rosen & Katz Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 80%1%4%8%15%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 11%
  • Community Hope Inc: 41% of income from government
  • Women's Business Development Council Inc: 39% of income from government
  • University of Delaware: 30% of income from government
  • City Year Inc: 11% of income from government
  • Volunteer Lawyers for Justice in: 9% of income from government
  • American Academy of Arts & Sciences: 3% of income from government
  • Easter Seals South Florida Inc: 1% of income from government
  • Rutgers University Foundation: 0% of income from government
no gov moneyreceives it· size = income
8get no government money at all
34report 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.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Wachtell Lipton Rosen & Katz Foundation?

Find your warmest path to Wachtell Lipton Rosen & Katz 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 249 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 Wachtell Lipton Rosen & Katz’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