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Yale Art Trust at a glance

· Private foundation

Yale Art Trust

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.

$153k
Granted FY2025still arriving
13
Grants FY2025still arriving
4
States reached
$25k
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, FY2021 to 2025.

Health$598kArts & Culture$470kEducation$386kPhilanthropy$135kAnimals$33kYouth Development$27kScience & Tech$25kHuman Services$11kOther$0
02FY2025 · 13 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k5 grants · $23k
  • $10k–50k8 grants · $130k
$10,000
Median grant
4
States reached
$1.7M
Total assets
Largest grants
RecipientAmount
MOUNT SINAI HEALTH SYSTEM$25,000
NORTHWELL HEALTH FOUNDATION$25,000
NASHVILLE BALLET$20,000
K FUND$15,000
NASHVILLE SYMPHONY$15,000
GOD'S PANTRY$10,000
MEDISYS HEALTH NETWORK$10,000
LEXINGTON BALLET COMPANY$10,000
GREENVILLE BAKER BOYS & GIRLS CLUB$7,500
NORTH SHORE WILDLIFE SANCTUARY$5,000
OLIVE HOPE FOUNDATION$5,000
AFTER THE RACES NY INC$2,500
HARMONY HEALTHCARE OF LI$2,500
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 (FY21–25, $180k) land where the poverty rate runs at 16%, against an area that typically sits at 9%. 94% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%BOULDER CREST FOUNDATION: $10k → 7%NEW HAVEN PROMISE: $20k → 12%MOUNT SINAI HEALTH SYSTEM: $65k → 17%MOUNT SINAI HEALTH SYSTEM: $25k → 17%MOUNT SINAI HEALTH SYSTEM: $25k → 17%MOUNT SINAI HEALTH SYSTEM: $25k → 17%MOUNT SINAI HEALTH SYSTEM: $10k → 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

NY
OR
CT
CO
MO
KY
VA
MD
TN
DC
TX
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.

76%of every dollar goes to organizations it has funded before.
$1.1M · 12 repeat orgs$350k to everyone else

Grantees it renews have grown median revenue +16% since the first grant, against +14% for those funded once.

12 repeat relationships: 9 still active in FY2025, 3 since wound down; 4 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

12
17

Total granted

$1.1M
$320k

Median revenue growth · since first grant

+16%
+14%

Still filing today

92%
76%

New vs renewed · share of each year

In FY2025, 80% of grant dollars renewed an existing relationship; $30k went to new ones.

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

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

’21’22’23’24’25
Arts & CultureHealthEducationHuman ServicesAnimalsPhilanthropyOther
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

  • AF
    AMERICANS FOR OXFORD INC
    2× · 2021–2023 · $270k · revenue +21%
  • MS
    MOUNT SINAI HEALTH SYSTEM INC
    5× · 2021–2025 · $150k · revenue +20%
  • HU
    HOFSTRA UNIVERSITY
    3× · 2021–2023 · $75k · revenue +16%

Funded once

  • IS
    ICAHN SCHOOL OF MEDICINE MOUNT SINAI HOSPITAL
    one grant, 2021 · $100k
  • BT
    BALLET THEATRE FOUNDATION INC
    one grant, 2023 · $50k · revenue +14%
  • DL
    DAVID LYNCH FOUNDATION FOR CONSCIOUSNESS -BASED EDUCATION AND WORLD PEACE
    one grant, 2021 · $25k · revenue +4%
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
Vanderbilt University

See Disclosure Above.

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
Manhattanville University

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

Education
4
Bard College

Bard college seeks to provide a challenging academic program and a supportive environment that fosters a collaborative interchange of ideas in the classroom as well as ambition to achieve excellence.

Education
5
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
6
Trustees of Dartmouth College

Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.

Education
7
Neurology Associates of Stony Brook University Faculty Practice Corp

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

Health
8
Mitchell College

Mitchell college educates students through a highly individualized educational approach that brings forward each student's potential, reveals their strengths, and fosters personal growth.

Education
9
Lenox Hill Hospital

Lenox hill hospital is part of northwell health ("northwell"), which strives to improve the health of the communities it serves and is committed to providing the highest quality clinical care; educating the current and future generations…

Health
10
Institute for Advanced Study - Louis Bamberger & Mrs Felix Fuld Foundation

The institute for advanced study (the institute) is one of the world's leading centers for theoretical research and intellectual inquiry. see schedule o.

Science & Tech
11
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
12
North Shore University Hospital

North shore university hospital is part of northwell health ("northwell"), which strives to improve the health of the communities it serves and is committed to providing the highest quality clinical care; educating the current and future…

Health
How this is measured
The grantee most central to the portfolio’s shape is Thoroughbred Retirement Foundation Inc; the most unlike its peers is Samadi Robotics Foundation. 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

27 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. 27 of the 34 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)
27/27
Grantees still filing
18/27
Grew since first funded

Where the money sits, by cause and then by grantee

AMERICANS FOR OXFORD INC: $270,000 · EducationAMERICANS FOR OXFORD INCYale University: $225,000 · EducationYale UniversityHOFSTRA UNIVERSITY: $75,000 · EducationHOFSTRA UNIVERSITY+1 more: $15,000 · EducationNORTHWELL HEALTH FOUNDATION: $300,000 · HealthNORTHWELL HEALTH FOUND…SAMADI ROBOTICS FOUNDATION: $25,000 · HealthSAMADI ROBOTICS FOUNDA…MEDISYS HEALTH NETWORK INC: $20,000 · HealthMEDISYS HEALTH NETWORK…PEOPLE FUND INC: $120,000 · OtherPEOPLE FUND INCICAHN SCHOOL OF MEDICINE MOUNT SINAI HOSPITAL: $100,000 · OtherICAHN SCHOOL OF MEDICINE…LEXINGTON BALLET COMPANY INC: $65,000 · OtherLEXINGTON BALLET COMPANY…DAVID LYNCH FOUNDATION FOR CONSCIOUSNESS -BASED EDUCATION AND WORLD PEACE: $25,000 · OtherDAVID LYNCH FOUNDATION F…+11 more: $53,500 · Other+11 moreMOUNT SINAI HEALTH SYSTEM INC: $150,000 · Human ServicesMOUNT SINAI…NEW HAVEN PROMISE INC: $20,000 · Human ServicesNEW HAVEN P…BOULDER CREST FOUNDATION: $10,000 · Human ServicesBOULDER CRE…Nashville Symphony Association: $60,000 · Arts & CultureNashville S…BALLET THEATRE FOUNDATION INC: $50,000 · Arts & CultureBALLET THEA…ARTSPACE INC: $20,000 · Arts & CultureARTSPACE IN…MUSIC HAVEN INC: $20,000 · Arts & CultureMUSIC HAVEN…NASHVILLE BALLET: $20,000 · Arts & CultureNASHVILLE B…NORTH SHORE WILDLIFE SANCTUARY INC: $15,000 · AnimalsTHOROUGHBRED RETIREMENT FOUNDATION INC: $15,000 · AnimalsAFTER THE RACES CORP: $2,500 · AnimalsGRENVILLE BAKER BOYS AND GIRLS CLUB INC: $26,500 · Youth Development
Education$585,000Health$345,000Other$363,500Human Services$180,000Arts & Culture$170,000Animals$32,500Youth Development$26,500

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 budgetNORTHWELL HEALTH FOUNDATION: $300,000 over 4y, 0.2% of budgetAMERICANS FOR OXFORD INC: $270,000 over 2y, 0.6% of budgetYale University: $225,000 over 3y, 0.0% of budgetMOUNT SINAI HEALTH SYSTEM INC: $150,000 over 5y, 0.1% of budgetPEOPLE FUND INC: $120,000 over 3y, 12% of budgetHOFSTRA UNIVERSITY: $75,000 over 3y, 0.0% of budgetLEXINGTON BALLET COMPANY INC: $65,000 over 4y, 5.4% of budgetNashville Symphony Association: $60,000 over 4y, 0.1% of budgetBALLET THEATRE FOUNDATION INC: $50,000 over 1y, 0.1% of budgetGRENVILLE BAKER BOYS AND GIRLS CLUB INC: $26,500 over 4y, 0.2% of budgetDAVID LYNCH FOUNDATION FOR CONSCIOUSNESS -BASED EDUCATION AND WORLD PEACE: $25,000 over 1y, 0.4% of budgetSAMADI ROBOTICS FOUNDATION: $25,000 over 1y, 94% of budgetARTSPACE INC: $20,000 over 1y, 4.0% of budgetNEW HAVEN PROMISE INC: $20,000 over 1y, 0.4% of budgetMUSIC HAVEN INC: $20,000 over 1y, 2.0% of budgetMEDISYS HEALTH NETWORK INC: $20,000 over 2y, 0.1% of budgetNASHVILLE BALLET: $20,000 over 1y, 0.3% of budgetNORTH SHORE WILDLIFE SANCTUARY INC: $15,000 over 3y, 1.8% of budgetKENT SCHOOL: $15,000 over 1y, 0.0% of budgetTHOROUGHBRED RETIREMENT FOUNDATION INC: $15,000 over 2y, 0.5% of budgetBOULDER CREST FOUNDATION: $10,000 over 1y, 0.0% of budgetTHE LADD FOUNDATION: $10,000 over 1y, 1.7% of budgetJUDICIAL WATCH INC: $5,000 over 1y, 0.0% of budgetACUPUNCTURISTS WITHOUT BORDERS: $2,000 over 1y, 0.5% of budgetTRUE THE VOTE INC: $1,000 over 1y, 0.0% of budgetPORTLEDGE SCHOOL: $1,000 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.

National Philanthropi…The Blackbaud Giving …The Bank of America C…Vanguard Charitable E…American Online Givin…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
National Philanthropic TrustPA9.1× affinity7 shared granteesties to 7 of 7Hover any node to trace its alignments.Compare side by side →

Open a dossier: National Philanthropic Trust · The Blackbaud Giving Fund · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile 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 Yale Art Trust funds: left to right is the share of its income from government, bottom to top the share from Yale Art Trust. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%6%25%56%100%funder's share of their income ↑0%8%15%22%30%share of the org’s income from government →median 12%
  • Music Haven Inc: 15% of income from government
  • Yale University: 12% of income from government
  • New Haven Promise Inc: 0% of income from government
no gov moneyreceives it· size = income
1get no government money at all
6report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–30%
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 34 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 Yale Art’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