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California · Nonprofit

PRAGER UNIVERSITY FOUNDATION

PRAGER UNIVERSITY FOUNDATION (California) receives grants from 665 organizations whose IRS filings report $121,459,292 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($15,165,993). 425 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$77M
Funders on record
665
Grants received
$121M
Net assets
$106M
425/665 repeat funderspeak grant-dependency 39%
01What it does

What Prager University Foundation does

Mission

Prager University Foundation ("prageru") is the world's leading conservative nonprofit that is focused on changing minds. We promote american, judeo-christian values through the creative use of digital media.

As stated on its FY2025 Form 990.

Program

  1. Prager University Foundation ("prageru") is the world's leading conservative nonprofit that is focused on changing minds. We promote american, judeo-christian values through the creative use of digital media, as our mission. Taking full advantage of today's technology and social media, we educate millions of americans and young people about the values that make america great. Our vision is a world committed to life, liberty and the pursuit of happiness. Our primary program is marketing and producing educational content for all ages, 4-104, with a focus on a pro-american, judeo-christian message.

    $51,605,882 spent$408,496 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $51,605,882.

02The organization over time

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.

100 = 20172017 Revenue 100 ($10M) Expenses 100 ($8.4M) Net assets 100 ($8.0M)2018 Revenue 179 ($19M) Expenses 155 ($13M) Net assets 183 ($15M)2019 Revenue 229 ($24M) Expenses 204 ($17M) Net assets 268 ($21M)2020 Revenue 349 ($36M) Expenses 246 ($21M) Net assets 466 ($37M)2021 Revenue 545 ($57M) Expenses 394 ($33M) Net assets 763 ($61M)2022 Revenue 631 ($65M) Expenses 544 ($45M) Net assets 969 ($77M)2023 Revenue 661 ($69M) Expenses 663 ($55M) Net assets 1165 ($93M)2024 Revenue 671 ($70M) Expenses 820 ($69M) Net assets 1190 ($95M)2025 Revenue 737 ($77M) Expenses 833 ($70M) Net assets 1320 ($106M)
'17'18'19'20'21'22'23'24'25
Revenue (737)Expenses (833)Net assets (1320)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $39M to $64M (+64%).

$8.4M
$16M
$23M
$39M
$64M
$87M
$102M
$102M
$111M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 1%. Grants only. Government contracts and fees sit inside program revenue.

96% of PRAGER UNIVERSITY FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$2.0M
’17
$5.7M
’18
$6.7M
’19
$16M
’20
$24M
’21
$20M
’22
$13M
’23
$1.2M
’24
$7.0M
’25
13
months of
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.

Board chair

Mike Colby

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed131719181918201924
Joined·+4+6+3+2+6+5+5+9
No longer listed·04417364
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 39 funders to 323 funders, grant income rose $1.6M → $27M.

89 of 665 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% 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 PRAGER UNIVERSITY FOUNDATION’s funders (the co-funder graph). Top 30 of 665 funders by total. 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

PRAGER UNIVERSITY FOUNDATION has a broad base — no single funder exceeds 12% of grant income, and it takes 8 funders to reach half.

the vertical line marks half of all grant income — 8 funders to its left

53% 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 PRAGER UNIVERSITY FOUNDATION.

12%
largest funder
31%
top three
~22
effective funders

Largest funder’s share by year: 2017 50% · 2018 17% · 2019 16% · 2020 17% · 2021 16% · 2022 13% · 2023 13% — 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

55% of PRAGER UNIVERSITY FOUNDATION's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

51% of PRAGER UNIVERSITY FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $59M that is directly attributable, 86% of it comes from funders outside California, across 45 states.

NH
WA
ID
MT
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
HI
OK
LA
MS
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $62M arriving through sponsors registered in 29 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.

04Its place in the field

Against its field

PRAGER UNIVERSITY FOUNDATION holds deeper cash reserves than three-quarters of the 3,794 education nonprofits its size.

Operating margin9% · above the median
Months of reserve12.6mo · top quartile
Revenue growth (annualized)28% · top quartile

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Government funding PRAGER UNIVERSITY FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $194 on record.

State$194
Top programs
  • REFUNDS - GENERAL $194

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like PRAGER UNIVERSITY FOUNDATION

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 7%Fundraising 19%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

94%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 29 states

ME
NH
ND
MN
IL
WI
MI
NY
MA
OR
PA
NJ
CT
RI
CA
UT
KY
WV
MD
NM
KS
AR
TN
SC
HI
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for PRAGER UNIVERSITY FOUNDATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 PRAGER UNIVERSITY FOUNDATION?
PRAGER UNIVERSITY FOUNDATION (California) receives grants from 665 organizations whose IRS filings report $121,459,292 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($15,165,993). 425 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does PRAGER UNIVERSITY FOUNDATION have?
IRS filings report 665 organizations giving $121,459,292 in grants to PRAGER UNIVERSITY FOUNDATION, 425 of which have funded it in more than one year.
Who is the largest funder of PRAGER UNIVERSITY FOUNDATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $15,165,993 in grants. The full list of funders is on this page.
How can an organization like PRAGER UNIVERSITY FOUNDATION 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 665 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 22, 2026. What this page cannot tell you · view filing