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· Private foundation

Ziyao Liu Charitable 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.

$11k
Granted FY2025still arriving
7
Grants FY2025still arriving
1
States reached
$3k
Largest
01What it funds
0173% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2025.

Education$19kHuman Services$14kPhilanthropy$5kPublic Safety & Disaster$2kEnvironment$500Recreation & Sports$376Science & Tech$314Health$195Other$0
02FY2025 · 7 grants

Where the money goes

Grants by size, and the largest recipients.

$1,000
Median grant
1
States reached
$646k
Total assets
Largest grants
RecipientAmount
Tenacre Country Day School$3,300
Milton Academy$3,000
Red Cross$2,000
MIT$1,000
Noble and Greenough School$1,000
Dana-Farber$175
Athletes Unlimited Newton$111
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 (FY19–25) land where the poverty rate runs at 8%, against an area that typically sits at 7%. 47% of its dollars go to grantees based in above-average-need neighborhoods. Its grants spread fairly evenly across need levels.

area typical 7%Tenacre Country Day School: $4k → 7%MIT: $1k → 8%Be Like Brit: $108 → 11%MFA Boston: $115 → 16%GoFundMe: $3k → 7%National Park Foundation: $500 → 14%VVA: $4k → 8%Tenacre Country Day School: $3k → 7%MIT: $500 → 8%Baptist Churches of New England: $100 → 11%Red Cross: $2k → 16%GoFundMe: $200 → 7%VVA: $2k → 8%Tenacre Country Day School: $1k → 7%Austin Preparatory School: $200 → 8%Dana-Farber: $175 → 16%Benevity: $100 → 7%VVA: $2k → 8%Tenacre Country Day School: $850 → 7%Gaining Grounds: $30 → 8%VVA: $1k → 8%Tenacre Country Day School: $850 → 7%MIT: $350 → 8%VVA: $1k → 8%Tenacre Country Day School: $850 → 7%MIT: $350 → 8%VVA: $1k → 8%Tenacre Country Day School: $350 → 7%MIT: $350 → 8%VVA: $1k → 8%Milton Academy: $3k → 7%MIT: $350 → 8%VVA: $500 → 8%Milton Academy: $1k → 7%MIT: $314 → 8%Noble and Greenough School: $2k → 7%Athletes Unlimited Newton: $111 → 8%Noble and Greenough School: $1k → 7%Noble and Greenough School: $900 → 7%Jimmy Fund: $20 → 7%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.
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.

74%of every dollar goes to organizations it has funded before.
$38k · 7 repeat orgs$13k to everyone else

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

How the two cohorts compare

Re-uppedFunded once

Organizations

7
9

Total granted

$38k
$11k

Median revenue growth · since first grant

+10%
+15%

Still filing today

71%
44%

New vs renewed · share of each year

In FY2025, 78% of grant dollars renewed an existing relationship; $2k went to new ones.

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

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

’19’20’21’22’23’24’25
EducationRecreation & SportsHealthInternationalPhilanthropyOther
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

  • TC
    TENACRE COUNTRY DAY SCHOOL CORPORATION
    7× · 2019–2025 · $11k · revenue +42%
  • MILTON ACADEMY
    2× · 2024–2025 · $4k · revenue +10%
  • NOBLE AND GREENOUGH SCHOOL
    3× · 2022–2025 · $4k · revenue +4%

Funded once

  • FO
    Family of Gen Sun
    one grant, 2021 · $10k
  • NP
    NATIONAL PARK FOUNDATION
    one grant, 2023 · $500 · revenue +15%
  • AP
    Austin Preparatory School
    one grant, 2020 · $200
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
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
2
Dana-Farber Cancer Care Network Inc

The mission of Dana-Farber Cancer Care Network (DFCCN) is to promote and support, directly or indirectly, the interests and purposes of Dana-Farber Cancer Institute (DFCI).

Health
3
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
4
Boston Architectural College

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

—
5
Northfield Mount Hermon School

Northfield mount hermon educates the head, heart and hands of our students. we engage their intellect, compassion, and talents, empowering them to act with humanity and purpose.

Education
6
Trustees of Boston University

Organization's mission: boston university is an international, comprehensive, private research university, committed to educating students to be reflective, resourceful individuals ready to live, adapt, and lead in an interconnected world.…

—
7
Dana Hall School

Dana hall is an independent boarding and day school for girls in grades five through twelve.

Education
8
Mass General Brigham Health Plan Inc

Mass general brigham health plan's mission is to promote the health and wellness of our members, and to help ensure equitable, affordbale health care for the diverse communities we serve.

Health
9
Friends of Dana-Farber Cancer Institute

Friends of dana-farber cancer institute supports the efforts of the dana-farber cancer institute.

Health
10
Gloucester Marine Genomics Institute Incorporated

Gloucester marine genomics institute's mission is to address critical challenges in ocean health, human health, and the environment through innovative marine biotechnology research and transformative science education. by combining…

Science & Tech
11
Dean College

Dean college is a private, residential new england college grounded in a culture and tradition that all students deserve the opportunity to discover and exceed their greatest aspirations. a personal and transformative community since 1865,…

Education
12
Trustees of Tufts College

Education and Research

Education
How this is measured
The grantee most central to the portfolio’s shape is Noble and Greenough School; the most unlike its peers is Dana-Farber Cancer Institute 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

10 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. 10 of the 19 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)
2
Early backer (in before they grew)
10/10
Grantees still filing
7/10
Grew since first funded

Where the money sits, by cause and then by grantee

VVA: $12,500 · OtherVVAFamily of Gen Sun: $9,900 · OtherFamily of Gen SunMIT: $3,214 · OtherMITRed Cross: $2,000 · OtherRed Cross+8 more: $1,331 · OtherTENACRE COUNTRY DAY SCHOOL CORPORATION: $10,850 · EducationTENACRE COUNTRY DAY SCHOOL CORPORATIONMILTON ACADEMY: $4,000 · EducationMILTON ACADEMYNOBLE AND GREENOUGH SCHOOL: $3,600 · EducationNOBLE AND GREENOUGH SCHOOLGOFUNDMEORG: $3,200 · PhilanthropyFALMOUTH ROAD RACE INC: $265 · Recreation & SportsBE LIKE BRIT FOUNDATION INC: $108 · InternationalDana-Farber Cancer Institute Inc: $20 · Health
Other$28,945Education$18,450Philanthropy$3,200Recreation & Sports$265International$108Health$20

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetTENACRE COUNTRY DAY SCHOOL CORPORATION: $10,850 over 7y, 0.0% of budgetMILTON ACADEMY: $4,000 over 2y, 0.0% of budgetNOBLE AND GREENOUGH SCHOOL: $3,600 over 3y, 0.0% of budgetGOFUNDMEORG: $3,200 over 2y, 0.0% of budgetNATIONAL PARK FOUNDATION: $500 over 1y, 0.0% of budgetFALMOUTH ROAD RACE INC: $265 over 3y, 0.0% of budgetDANA-FARBER INC: $175 over 1y, 0.0% of budgetBE LIKE BRIT FOUNDATION INC: $108 over 1y, 0.0% of budgetGAINING GROUND INC: $30 over 1y, 0.0% of budgetDana-Farber Cancer Institute Inc: $20 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.

  • Who funds TENACRE COUNTRY DAY SCHOOL CORPORATION ↗
  • Who funds MILTON ACADEMY ↗
  • Who funds NOBLE AND GREENOUGH SCHOOL ↗
  • Who funds GOFUNDMEORG ↗
  • Who funds NATIONAL PARK FOUNDATION ↗
  • Who funds FALMOUTH ROAD RACE INC ↗
  • Who funds DANA-FARBER INC ↗
  • Who funds BE LIKE BRIT FOUNDATION INC ↗
  • Who funds GAINING GROUND INC ↗
  • Who funds Dana-Farber Cancer Institute 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.

American Online Giving Foundation IncDE8.5× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: American Online Giving Foundation Inc · Fidelity Investments Charitable Gift Fund

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 Ziyao Liu Charitable Trust funds: left to right is the share of its income from government, bottom to top the share from Ziyao Liu Charitable Trust. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 50%0%1%3%5%funder's share of their income ↑0%4%8%11%15%share of the org’s income from government →median 5%
  • Dana-Farber Cancer Institute Inc: 7% of income from government
  • Gaining Ground Inc: 5% of income from government
  • Milton Academy: 0% of income from government
no gov moneyreceives it· size = income
5get no government money at all
0rely on government for over half their income
⤢ axis zoomed · 0–15%
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 Ziyao Liu Charitable Trust?

Find your warmest path to Ziyao Liu Charitable Trust 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 19 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

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