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South Carolina · Nonprofit

QUIXOTE FOUNDATION

QUIXOTE FOUNDATION (South Carolina) receives grants from 7 organizations whose IRS filings report $375,050 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($245,350). 5 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$2.1M
Funders on record
7
Grants received
$375k
Net assets
$4.2M
5/7 repeat funderspeak grant-dependency 39%
01What it does

What Quixote Foundation does

Mission

Quixote Foundation is set up as a type ii supporting organization exclusively for the benefit of liberty steam charter school and to carry out liberty steam charter school's program initiatives that support the broader community of sumter, south carolina.

As stated on its FY2025 Form 990.

Programs

  1. To support the liberty steam charter school by providing facilities and services directly for the benefit of the school.

    $394,994 spent
    100% of program spending
  2. To support the liberty steam charter school.

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $394,994.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($330k) Expenses 100 ($643) Net assets 100 ($329k)2023 Revenue 277 ($915k) Expenses 52342 ($337k) Net assets 590 ($1.9M)2024 Revenue 500 ($1.6M) Expenses 100824 ($648k) Net assets 894 ($2.9M)2025 Revenue 636 ($2.1M) Expenses 127435 ($819k) Net assets 1282 ($4.2M)
2021202320242025
Revenue (636)Expenses (127435)Net assets (1282)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 2024 to 2025, from $7.0M to $6.3M (−10%).

$329k
$6.8M
$7.0M
$6.3M
2021202320242025
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.

2021
2023
2024
2025
ContributionsProgram revenueInvestmentOther

80% of QUIXOTE FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.

$329k
’21
$578k
’23
$1.0M
’24
$1.3M
’25
2.2
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.

2021202320242025
Listed9999
Joined··+0+1
No longer listed··01
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 2 funders to 4 funders, grant income fell $130k → $42k.

6 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% 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 QUIXOTE FOUNDATION’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

QUIXOTE FOUNDATION leans on a few funders — its largest provides 65% of grant income and the top three 81%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

93% 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 QUIXOTE FOUNDATION.

65%
largest funder
81%
top three
~2
effective funders

Largest funder’s share by year: 2021 92% · 2022 91% · 2023 34% — 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.

Where its funders are

93% of QUIXOTE 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 $25k that is directly attributable, 100% of it comes from South Carolina funders.

SC

Funder states come from each funder’s own filing. $350k arriving through sponsors registered in 6 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

QUIXOTE FOUNDATION runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin61% · top quartile
Months of reserve2.2mo · below the median
Revenue growth (annualized)59% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like QUIXOTE 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 South Carolina

Nationally

05Profile & governance

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

Where the money goes

48% of spending goes to programs.

Program 48%Management 1%Fundraising 51%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for QUIXOTE 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 QUIXOTE FOUNDATION?
QUIXOTE FOUNDATION (South Carolina) receives grants from 7 organizations whose IRS filings report $375,050 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($245,350). 5 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does QUIXOTE FOUNDATION have?
IRS filings report 7 organizations giving $375,050 in grants to QUIXOTE FOUNDATION, 5 of which have funded it in more than one year.
Who is the largest funder of QUIXOTE FOUNDATION?
NATL CHRISTIAN CHARITABLE FDN INC is the largest funder on record, with $245,350 in grants. The full list of funders is on this page.
How can an organization like QUIXOTE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. 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 Quixote →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 7 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