North Carolina · Nonprofit
STRATEGIC VICTORY FUND
STRATEGIC VICTORY FUND (North Carolina) receives grants from 25 organizations whose IRS filings report $90,027,629 to it, the largest being STATE ENGAGEMENT FUND ($39,858,529). 13 of them have funded it in more than one year.
- Revenue FY2025
- $40M
- Funders on record
- 25
- Grants received
- $90M
- Net assets
- $1.2M
What Strategic Victory Fund does
Mission
Promote social welfare within various states.
As stated on its FY2025 Form 990.
Program
The Strategic Victory Fund (svf) prides itself on being innovative, strtegic, forward-thinking, and collaborative. We are incubators, we scale capacity, we invest in states, and we are committed to protecting democracy.throughout 2025-2026, svf made and coordinated cutting-edge investments to build and support an inclusive and just society. These investments were made in a way to bolster state-level infrastructure, critical centers of gravity to support enduring year-round work of coummncations and education.svf funded deep research projects in underserved communities, including black and latinx americans. Svf invested in training and education programs on relational organizing and digital content creation. Svf also invested in educating students about issues and the importance of voting and civic engagement.
$39,711,526 spentof which $32,658,968 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $39,711,526.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.
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 $3.6M to $11M (+212%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 6 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
2019 → 2023: the base broadened from 2 funders to 8 funders, grant income rose $5.1M → $7.3M.
3 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% 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 STRATEGIC VICTORY FUND’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
STRATEGIC VICTORY FUND leans on a few funders — its largest provides 44% of grant income and the top three 77%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
100% 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 STRATEGIC VICTORY FUND.
Largest funder’s share by year: 2019 90% · 2020 64% · 2021 57% · 2022 43% · 2023 45% — 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
80% of STRATEGIC VICTORY FUND's funders are still giving 3 years after their first grant; 52% 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
70% of STRATEGIC VICTORY FUND's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $6.5M arriving through sponsors registered in 2 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.
Organizations like STRATEGIC VICTORY FUND
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 North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for STRATEGIC VICTORY FUND: 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 STRATEGIC VICTORY FUND?
- STRATEGIC VICTORY FUND (North Carolina) receives grants from 25 organizations whose IRS filings report $90,027,629 to it, the largest being STATE ENGAGEMENT FUND ($39,858,529). 13 of them have funded it in more than one year.
- How many funders does STRATEGIC VICTORY FUND have?
- IRS filings report 25 organizations giving $90,027,629 in grants to STRATEGIC VICTORY FUND, 13 of which have funded it in more than one year.
- Who is the largest funder of STRATEGIC VICTORY FUND?
- STATE ENGAGEMENT FUND is the largest funder on record, with $39,858,529 in grants. The full list of funders is on this page.
- How can an organization like STRATEGIC VICTORY FUND find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 2020–2025), and the filings of 25 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