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William L & Victorine Q Adams Foundation Inc at a glanceAlso receives grants: funding profile →

· Private foundation

William L & Victorine Q Adams Foundation Inc

Its FY2025 filing reports that it accepted unsolicited grant applications.

$442k
Granted FY2025still arriving
22
Grants FY2025still arriving
4
States reached
$48k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0198% classified

What it funded, over time

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

Education$1.1MHealth$703kArts & Culture$441kYouth Development$272kPhilanthropy$186kRecreation & Sports$171kHuman Services$86kEnvironment$85kOther$0
02FY2025 · 22 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k7 grants · $33k
  • $10k–50k15 grants · $410k
$18,000
Median grant
4
States reached
$2.9M
Total assets
Largest grants
RecipientAmount
CRISTO REY JESUIT HIGH SCHOOL INC$48,000
SAINT FRANCES ACADEMY$45,500
JOHN HOPKINS SCHOOL OF NURSING$45,000
KIPP BALTIMORE INC$36,000
BALTIMORE EDUCATIONAL SCHOLARSHIP TRUST$35,000
BALTIMORE SYMPHONY ORCHESTRA$34,000
FRIENDS SCHOOL OF BALTIMORE INC$27,000
CHESAPEAKE CONSERVANCY$25,000
BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN$25,000
GILCHRIST HOSPICE CARE INC$18,000
BALTIMORE PUBLIC MEDIA CORPORATION$18,000
AMERICAN CANCER SOCIETY OF BALTIMORE INC$17,000
THREAD INC$16,000
ALZHEIMER'S ASSOCIATION (GREATER MARYLAND CHAPTER)$10,000
THE Y IN CENTRAL MARYLAND$10,000
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 (FY17–25, $54k) land where the poverty rate runs at 13%, against an area that typically sits at 11%. 94% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%JEWISH FAMILY AND CHILDREN'S SERVICES: $2k → 10%JEWISH FAMILY AND CHILDREN'S SERVICES: $1k → 10%THE Y IN CENTRAL MARYLAND: $10k → 11%BELOVED COMMUNITY SERVICES CORPORATION: $25k → 11%ROBERTA'S HOUSE: $12k → 19%ROBERTA'S HOUSE INC: $2k → 19%CATHOLIC CHARITIES: $1k → 19%CATHOLIC CHARITIES: $1k → 19%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
NY
MA
PA
CA
MD
TN
DC
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.

89%of every dollar goes to organizations it has funded before.
$2.7M · 50 repeat orgs$352k to everyone else

Grantees it renews have grown median revenue +36% since the first grant, against 0% for those funded once.

50 repeat relationships: 15 still active in FY2025, 35 since wound down; 6 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

50
51

Total granted

$2.7M
$256k

Median revenue growth · since first grant

+36%
0%

Still filing today

62%
45%

New vs renewed · share of each year

In FY2025, 78% of grant dollars renewed an existing relationship; $97k 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
EducationArts & CultureHealthYouth DevelopmentHuman ServicesPhilanthropyOther
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

  • GH
    GILCHRIST HOSPICE CARE INC
    7× · 2017–2025 · $311k · revenue +88%
  • AE
    ARTS EVERY DAY INC
    8× · 2017–2024 · $120k · revenue +294%
  • MS
    MCDONOGH SCHOOL INCORPORATED
    6× · 2017–2023 · $90k · revenue +57%

Funded once

  • TF
    TSU FOUNDATION
    one grant, 2023 · $29k
  • BC
    BELOVED COMMUNITY SERVICES CORPORATION
    one grant, 2022 · $25k · revenue -6%
  • AB
    ASSOCIATED BLACK CHARITIES INC
    one grant, 2017 · $23k · revenue -90%
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
Baltimore Corps Inc

To cultivate career advancement opportunities for local talent, facilitate talent acquisition for local employers, increase access to capital for local entrepreneurs' social ventures, and foster cross-sector collaboration to address city…

Employment
2
Johns Hopkins Community Physicians Inc

Johns hopkins community physicians, inc (jhcp), a valued member of johns hopkins medicine, is a network of medical practices strategically positioned throughout communities in maryland and dc. we strive to meet the needs of each community…

—
3
University of Maryland Physicians Pa

Under the medical service plan of the university of maryland school of medicine, medical services are rendered by the members of the faculty on behalf of the school of medicine in connection with their duties to provide clinical…

—
4
Baltimore Curriculum Project Inc

To develop, implement, and advocate for an innovative, sustainable, and replicable education model that improves students outcomes. in so doing, the baltimore curriculum project will help to raise educational standards and opportunities…

Education
5
University of Maryland Oncology Associates Pa

Under the medical service plan of the university of maryland school of medicine, medical services are rendered by the members of the faculty on behalf of the school of medicine in connection with their duties to provide clinical…

Health
6
University of Maryland Surgical Associates Pa

Under the medical service plan of the university of maryland school of medicine, medical services are rendered by the members of the faculty on behalf of the school of medicine in connection with their duties to provide clinical…

Health
7
University of Maryland Anesthesiology Associates Pa

Under the medical service plan of the university of maryland school of medicine, medical services are rendered by the members of the faculty on behalf of the school of medicine in connection with their duties to provide clinical…

—
8
Cfa Society Baltimore Inc

The cfa society baltimore, inc. was founded in 1948. the cfa society baltimore, inc. was established to provide the financial community with information and knowledge, while advocating ethical conduct with regard to investments and…

—
9
University of Maryland Pediatric Associates Pa

Under the medical service plan of the university of maryland school of medicine, medical services are rendered by the members of the faculty on behalf of the school of medicine in connection with their duties to provide clinical…

Health
10
Blackbird Laboratories Inc

Blackbird laboratories is an independent nonprofit medical research organization based in baltimore that is focused on conducting medical and scientific research in conjunction with nonprofit hospitals and academic institutions,…

Health
11
University of Maryland Neurosurgeryassociates Pa

Under the medical service plan of the university of maryland school of medicine, medical services are rendered by the members of the faculty on behalf of the school of medicine in connection with their duties to provide clinical…

Education
12
Baltimore Medical System Inc

Baltimore medical system is deeply committed to improving the health wellness and the quality of life in the communities we serve by providing safe, high quality, accessible and affordable health care.

—
How this is measured
The grantee most central to the portfolio’s shape is Foundation for the Baltimore Leadership School for Young Women; the most unlike its peers is Keys Development 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

66 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. 66 of the 110 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)
10
Early backer (in before they grew)
62/66
Grantees still filing
40/66
Grew since first funded

Where the money sits, by cause and then by grantee

GILCHRIST HOSPICE CARE INC: $310,800 · OtherGILCHRIST HOSPICE CARE INCBALTIMORE SCHOOL OF THE ARTS: $160,000 · OtherBALTIMORE SCHOOL OF THE ARTSCRISTO REY CORPORATE INTERNSHIP PROGRAM INC: $159,150 · OtherCRISTO REY CORPORATE INTERNSHIP PROGRAM INCCRISTO REY JESUIT HIGH SCHOOL: $153,750 · OtherCRISTO REY JESUIT HIGH SCHOOLAMERICAN CANCER SOCIETY OF BALTIMORE INC: $114,000 · OtherAMERICAN CANCER SOCIETY OF BALTIMORE INCST FRANCES ACADEMY: $111,500 · OtherST FRANCES ACADEMYKENNEDY KRIEGER INSTITUTE INC: $82,500 · Other+61 more: $658,602 · Other+61 moreBALTIMORE EDUCATIONAL SCHOLARSHIP TRUST: $281,350 · EducationBALTIMORE EDUCATIONAL SCHOLARSHIP…ARTS EVERY DAY INC: $120,000 · EducationARTS EVERY DAY INCMCDONOGH SCHOOL INCORPORATED: $89,500 · EducationMCDONOGH SCHOOL INCORPORATEDUNIVERSITY OF MARYLAND BALTIMORE FOUNDATION INC: $86,672 · EducationUNIVERSITY OF MARYLAND BALTIMORE …CAVES VALLEY GOLF CLUB FOUNDATION INC: $77,668 · EducationCAVES VALLEY GOLF CLUB FOUNDATION…FOUNDATION FOR THE BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN: $77,000 · EducationFOUNDATION FOR THE BALTIMORE LEAD…JOHNS HOPKINS UNIVERSITY: $69,000 · EducationJOHNS HOPKINS UNIVERSITYKIPP BALTIMORE INC: $64,000 · EducationKIPP BALTIMORE INCFRIENDS SCHOOL OF BALTIMORE INC: $32,000 · Education+6 more: $45,000 · EducationBALTIMORE COMMUNITY FOUNDATION INC: $112,000 · PhilanthropyPHILANTHROPY TANK INC: $40,000 · Philanthropy+2 more: $7,500 · PhilanthropyCENTER STAGE ASSOCIATES INC: $49,400 · Arts & CultureBALTIMORE SYMPHONY ORCHESTRA INC: $44,000 · Arts & CultureBALTIMORE PUBLIC MEDIA CORPORATION: $18,000 · Arts & CultureMPT FOUNDATION INC: $10,000 · Arts & CultureHIPPODROME FOUNDATION INC: $6,000 · Arts & Culture+4 more: $6,000 · Arts & CultureMentoring Male Teens in the Hood Inc: $45,500 · Youth DevelopmentCHESAPEAKE BAY OUTWARD BOUND SCHOOL INC: $20,000 · Youth DevelopmentTHREAD INC: $16,000 · Youth Development+2 more: $4,000 · Youth DevelopmentCHESAPEAKE CONSERVANCY INC: $85,000 · EnvironmentAMERICAN CANCER SOCIETY INC: $32,500 · HealthHOWARD HOSPITAL FOUNDATION INC: $25,000 · HealthJOHNS HOPKINS BAYVIEW MEDICAL CENTER INC: $6,600 · HealthCOOL KIDS CAMPAIGN FOUNDATION INC: $4,000 · Health+4 more: $3,750 · Health
Other$1,750,302Education$942,190Philanthropy$159,500Arts & Culture$133,400Youth Development$85,500Environment$85,000Health$71,850

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 budgetGILCHRIST HOSPICE CARE INC: $310,800 over 7y, 0.1% of budgetBALTIMORE EDUCATIONAL SCHOLARSHIP TRUST: $281,350 over 9y, 3.2% of budgetCRISTO REY CORPORATE INTERNSHIP PROGRAM INC: $159,150 over 5y, 1.5% of budgetARTS EVERY DAY INC: $120,000 over 8y, 2.7% of budgetBALTIMORE COMMUNITY FOUNDATION INC: $112,000 over 7y, 0.1% of budgetMCDONOGH SCHOOL INCORPORATED: $89,500 over 6y, 0.0% of budgetUNIVERSITY OF MARYLAND BALTIMORE FOUNDATION INC: $86,672 over 6y, 0.1% of budgetCHESAPEAKE CONSERVANCY INC: $85,000 over 2y, 0.6% of budgetCAVES VALLEY GOLF CLUB FOUNDATION INC: $77,668 over 7y, 7.4% of budgetFOUNDATION FOR THE BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN: $77,000 over 9y, 0.8% of budgetJOHNS HOPKINS UNIVERSITY: $69,000 over 4y, 0.0% of budgetKIPP BALTIMORE INC: $64,000 over 4y, 0.1% of budgetKEYS Development Inc: $50,000 over 5y, 23% of budgetCENTER STAGE ASSOCIATES INC: $49,400 over 4y, 0.1% of budgetGREENLIGHT FUND INC: $48,000 over 4y, 0.1% of budgetMentoring Male Teens in the Hood Inc: $45,500 over 8y, 4.6% of budgetBALTIMORE SYMPHONY ORCHESTRA INC: $44,000 over 2y, 0.0% of budgetPHILANTHROPY TANK INC: $40,000 over 2y, 5.0% of budgetPARKS AND PEOPLE INC: $37,250 over 6y, 0.2% of budgetAMERICAN CANCER SOCIETY INC: $32,500 over 4y, 0.0% of budgetFRIENDS SCHOOL OF BALTIMORE INC: $32,000 over 2y, 0.1% of budgetSYNERGY BALTIMORE INC: $25,500 over 7y, 9.2% of budgetHOWARD HOSPITAL FOUNDATION INC: $25,000 over 5y, 0.4% of budgetBELOVED COMMUNITY SERVICES CORPORATION: $25,000 over 1y, 0.7% of budgetASSOCIATED BLACK CHARITIES INC: $22,500 over 1y, 0.1% of budgetCHESAPEAKE BAY OUTWARD BOUND SCHOOL INC: $20,000 over 2y, 0.2% of budgetBALTIMORE PUBLIC MEDIA CORPORATION: $18,000 over 1y, 0.2% of budgetTHREAD INC: $16,000 over 1y, 0.3% of budgetELIJAH CUMMINGS YOUTH PROGRAM IN ISRAEL INC: $15,000 over 3y, 2.0% of budgetROBERTA'S HOUSE INC: $13,500 over 2y, 0.3% of budgetWORLD VISION INC: $13,000 over 4y, 0.0% of budgetMARYLAND ZOOLOGICAL SOCIETY INC: $11,800 over 4y, 0.0% of budgetDOWNTOWN PARTNERSHIP OF BALTIMORE INC: $10,000 over 1y, 0.1% of budgetYoung Men's Christian Association of Central Maryland Inc: $10,000 over 1y, 0.0% of budgetEDUCATION REFORM NOW INC: $10,000 over 1y, 0.1% of budgetMPT FOUNDATION INC: $10,000 over 1y, 0.2% of budgetBUILDING BRIDGES FOR A BETTER BALTIMORE FOUNDATION INC: $10,000 over 1y, 2.7% of budgetJOHNS HOPKINS BAYVIEW MEDICAL CENTER INC: $6,600 over 4y, 0.0% of budgetHEALTHY NEIGHBORHOODS INC: $6,500 over 2y, 0.1% of budgetTHE SEED SCHOOL OF MARYLAND: $6,000 over 3y, 0.0% of budgetHIPPODROME FOUNDATION INC: $6,000 over 1y, 0.1% of budgetROLAND PARK COUNTRY SCHOOL INC: $5,000 over 1y, 0.0% of budgetFrank J Battaglia Signal 13 Foundation Inc: $5,000 over 4y, 0.2% of budgetBALTIMORE CIVIC FUND INC: $5,000 over 1y, 0.0% of budgetCENTER FOR HOPE INC: $5,000 over 1y, 0.2% of budgetSADDLE UP SCHOLARS INC: $5,000 over 1y, 2.1% of budgetCOOL KIDS CAMPAIGN FOUNDATION INC: $4,000 over 1y, 0.2% of budgetOrtus Academy Inc: $3,500 over 1y, 6.0% 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.

  • Who funds GILCHRIST HOSPICE CARE INC ↗
  • Who funds BALTIMORE EDUCATIONAL SCHOLARSHIP TRUST ↗
  • Who funds CRISTO REY CORPORATE INTERNSHIP PROGRAM INC ↗
  • Who funds ARTS EVERY DAY INC ↗
  • Who funds BALTIMORE COMMUNITY FOUNDATION INC ↗
  • Who funds MCDONOGH SCHOOL INCORPORATED ↗
  • Who funds UNIVERSITY OF MARYLAND BALTIMORE FOUNDATION INC ↗
  • Who funds CHESAPEAKE CONSERVANCY INC ↗
  • Who funds CAVES VALLEY GOLF CLUB FOUNDATION INC ↗
  • Who funds FOUNDATION FOR THE BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN ↗
  • Who funds JOHNS HOPKINS UNIVERSITY ↗
  • Who funds KIPP BALTIMORE INC ↗
  • Who funds KEYS Development Inc ↗
  • Who funds CENTER STAGE ASSOCIATES INC ↗
  • Who funds GREENLIGHT FUND INC ↗
  • Who funds Mentoring Male Teens in the Hood Inc ↗
  • Who funds BALTIMORE SYMPHONY ORCHESTRA INC ↗
  • Who funds PHILANTHROPY TANK INC ↗
  • Who funds PARKS AND PEOPLE INC ↗
  • Who funds AMERICAN CANCER SOCIETY INC ↗
  • Who funds FRIENDS SCHOOL OF BALTIMORE INC ↗
  • Who funds SYNERGY BALTIMORE INC ↗
  • Who funds HOWARD HOSPITAL FOUNDATION INC ↗
  • Who funds BELOVED COMMUNITY SERVICES CORPORATION ↗
  • Who funds ASSOCIATED BLACK CHARITIES INC ↗
  • Who funds CHESAPEAKE BAY OUTWARD BOUND SCHOOL INC ↗
  • Who funds TENNESSEE STATE UNIVERSITY FOUNDATION ↗
  • Who funds BALTIMORE PUBLIC MEDIA 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.

Baltimore Community F…France-Merrick Founda…The Abell Foundation …The United Way of Cen…T Rowe Price Program …Brown Advisory Charit…Associated Jewish Cha…The Harry and Jeanett…The Bunting Family Fo…T Rowe Price Foundati…The Kahlert Foundatio…Annie E Casey Foundat…
Baltimore Community Foundation IncMD57.1× affinity28 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Baltimore Community Foundation Inc · France-Merrick Foundation Inc · The Abell Foundation Inc · The United Way of Central Maryland Inc · T Rowe Price Program for Charitable Giving Inc · Brown Advisory Charitable Foundation Inc · Associated Jewish Charities of Baltimore · The Harry and Jeanette Weinberg Foundation Inc · The Bunting Family Foundation · T Rowe Price Foundation · The Kahlert Foundation Inc · Annie E Casey Foundation Inc

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 William L & Victorine Q Adams Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from William L & Victorine Q Adams Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 160%1%3%6%10%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 7%
  • Downtown Partnership of Baltimore Inc: 96% of income from government
  • Parks and People Inc: 43% of income from government
  • Chesapeake Conservancy Inc: 27% of income from government
  • Young Men's Christian Association of Central Maryland Inc: 22% of income from government
  • Roberta's House Inc: 21% of income from government
  • Healthy Neighborhoods Inc: 16% of income from government
  • Johns Hopkins University: 12% of income from government
  • Thread Inc: 12% of income from government
  • Baltimore Symphony Orchestra Inc: 11% of income from government
  • Associated Catholic Charities Inc: 10% of income from government
  • B&o Railroad Museum Inc: 7% of income from government
  • Maryland Volunteer Lawyers Service Inc: 7% of income from government
  • Center Stage Associates Inc: 7% of income from government
  • Arts Every Day Inc: 4% of income from government
  • Hippodrome Foundation Inc: 4% of income from government
  • University of Maryland Baltimore Foundation Inc: 3% of income from government
  • Maryland Zoological Society Inc: 3% of income from government
  • Beloved Community Services Corporation: 3% of income from government
  • Center for Hope Inc: 1% of income from government
  • Arts for Learning Maryland Inc: 1% of income from government
  • Gilchrist Hospice Care Inc: 0% of income from government
  • Johns Hopkins Bayview Medical Center Inc: 0% of income from government
  • Mcdonogh School Incorporated: 0% of income from government
no gov moneyreceives it· size = income
16get no government money at all
16report government grants on their 990 we could not trace to a source (not plotted)
1rely 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 110 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 William L & Victorine Q Adams’ 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