California · Nonprofit
ETHOS DISCOVERY
ETHOS DISCOVERY (California) receives grants from 15 organizations whose IRS filings report $1,473,188 to it, the largest being CAROL AND GENE LUDWIG FAMILY FOUNDATION ($379,000). 6 of them have funded it in more than one year.
- Revenue FY2024
- $1.0M
- Funders on record
- 15
- Grants received
- $1.5M
- Net assets
- $12M
What Ethos Discovery does
Mission
To conduct nonprofit scientific research to improve human and veterinary health.
As stated on its FY2024 Form 990.
Program
As a scientific incubator, Ethos Discovery conducts clinical studies that include pet animals with naturally occuring disease such as cancer. The goals of these studies will be to determine the value of these research findings for future use in animals and/or in humans with complex medical problems. Clinical studies will seek to answer basic questions about the value of these research findings, and in so doing, expect to derive novel diagnostic and therapeutic opportunities for both pets and human patients.
$571,986 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $571,986.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.0M to $11M (+953%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
41% of ETHOS DISCOVERY’s revenue is contributions — about as donation-reliant as the typical peer (51% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $59k → $63k.
8 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of ETHOS DISCOVERY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ETHOS DISCOVERY has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
60% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ETHOS DISCOVERY.
Largest funder’s share by year: 2017 100% · 2018 50% · 2019 100% · 2020 80% · 2021 70% · 2022 39% · 2023 32% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
60% of ETHOS DISCOVERY's funders are still giving 3 years after their first grant; 40% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
ETHOS DISCOVERY draws 81% of its grant income from funders outside California, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $440k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ETHOS DISCOVERY holds deeper cash reserves than three-quarters of the 8,121 health nonprofits its size.
this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024
Organizations like ETHOS DISCOVERY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
64% of spending goes to programs.
Governance
Public support
51%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 34 states
Screen this organization
A dated, signed PDF of the compliance screen for ETHOS DISCOVERY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ETHOS DISCOVERY?
- ETHOS DISCOVERY (California) receives grants from 15 organizations whose IRS filings report $1,473,188 to it, the largest being CAROL AND GENE LUDWIG FAMILY FOUNDATION ($379,000). 6 of them have funded it in more than one year.
- How many funders does ETHOS DISCOVERY have?
- IRS filings report 15 organizations giving $1,473,188 in grants to ETHOS DISCOVERY, 6 of which have funded it in more than one year.
- Who is the largest funder of ETHOS DISCOVERY?
- CAROL AND GENE LUDWIG FAMILY FOUNDATION is the largest funder on record, with $379,000 in grants. The full list of funders is on this page.
- How can an organization like ETHOS DISCOVERY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Ethos Discovery →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing