Virginia · Nonprofit
The Concord Fund
The Concord Fund (Virginia) receives grants from 8 organizations whose IRS filings report $223,275,000 to it, the largest being Marble Freedom Trust ($194,800,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $26M
- Funders on record
- 8
- Grants received
- $223M
- Net assets
- $42k
What The Concord Fund does
Mission
The mission of The Concord Fund is to promote the vision of liberty and justice in America, fidelity to the principles of federalism and the rule of law, to educate and organize citizens in this mission, and to encourage reforms that achieve these ends.
As stated on its FY2025 Form 990.
Programs
During the fiscal year ending June 30, 2025, The Concord Fund produced radio and television advertisements regarding significant legal and civic issues, court packing, executive branch appointments, federalism, and civic accountability. The Organization also maintained websites and produced newsletters promoting the confirmation of various judicial nominees as well as highlighting the news of judicial confirmations at the federal and state level. The Organization conducted media and public presentations covering judicial and executive branch nominations, potential Supreme Court vacancies, major Supreme Court cases being considered, previews of the upcoming term, and principles of federalism and civic accountability. Grants were also made to other organizations to facilitate these activities and help strengthen the rule of law, reinforce the view of a fair and impartial judiciary, and promote fidelity to the principles of federalism and civic accountability.
$26,489,998 spentof which $21,363,003 as grants100% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $26,489,998.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 2022 to 2023, from $2.6M to $735k (−72%).
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
2017 → 2023: the base held at 1 funder, grant income rose $200k → $56M.
From the IRS filings of The Concord 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
The Concord Fund leans on a few funders — its largest provides 87% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder 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 The Concord Fund.
Largest funder’s share by year: 2017 100% · 2019 100% · 2020 97% · 2021 85% · 2022 100% · 2023 100% — broadly stable.
“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
0% of The Concord Fund's funders are still giving 3 years after their first grant; 38% 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
The Concord Fund draws 88% of its grant income from funders outside Virginia, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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 The Concord 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 Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
96% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for The Concord 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 The Concord Fund?
- The Concord Fund (Virginia) receives grants from 8 organizations whose IRS filings report $223,275,000 to it, the largest being Marble Freedom Trust ($194,800,000). 3 of them have funded it in more than one year.
- How many funders does The Concord Fund have?
- IRS filings report 8 organizations giving $223,275,000 in grants to The Concord Fund, 3 of which have funded it in more than one year.
- Who is the largest funder of The Concord Fund?
- Marble Freedom Trust is the largest funder on record, with $194,800,000 in grants. The full list of funders is on this page.
- How can an organization like The Concord Fund find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 2019–2025), and the filings of 8 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