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Texas · Nonprofit

VANGUARD FOUNDATION

VANGUARD FOUNDATION (Texas) receives grants from 3 organizations whose IRS filings report $189,026 to it, the largest being WACO FOUNDATION ($141,026). 3 of them have funded it in more than one year, and 75% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$77k
Revenue FY2025
3
Funders on record
$189k
Grants received
$644k
Net assets
3/3 repeat funderspeak grant-dependency 80%

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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.

100 = 20172017 Revenue 100 ($49k) Expenses 100 ($4k) Net assets 100 ($139k)2018 Revenue 307 ($150k) Expenses 101 ($4k) Net assets 204 ($283k)2019 Revenue 221 ($108k) Expenses 500 ($22k) Net assets 268 ($372k)2020 Revenue 88 ($43k) Expenses 101 ($4k) Net assets 297 ($413k)2021 Revenue 76 ($37k) Expenses 314 ($14k) Net assets 352 ($488k)2022 Revenue 349 ($171k) Expenses 1339 ($59k) Net assets 412 ($573k)2023 Revenue 64 ($31k) Expenses 2067 ($91k) Net assets 384 ($534k)2024 Revenue 84 ($41k) Expenses 1741 ($76k) Net assets 395 ($548k)2025 Revenue 157 ($77k) Expenses 432 ($19k) Net assets 464 ($644k)
'17'18'19'20'21'22'23'24'25
Revenue (157)Expenses (432)Net assets (464)

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

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$45k
17
$146k
18
$86k
19
$39k
20
$23k
21
$112k
22
$59k
23
$35k
24
$58k
25
93
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $16k.

Funder
'19
'20
'22
'23
'24*
total
funders
1
2
2
2
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF)75% 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 VANGUARD 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

VANGUARD FOUNDATION leans on a few funders — its largest provides 75% 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

75% 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 VANGUARD FOUNDATION.

75%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 50% · 2022 96% · 2023 63%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

75% of VANGUARD 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 $48k that is directly attributable, 100% of it comes from Texas funders.

TX

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

19
20
22
23
Texas out of state home

Funder states come from each funder’s own filing. $141k arriving through sponsors registered in 1 stateis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 3 funders put you under-funded among the 250 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like VANGUARD FOUNDATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

04Profile & governance

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

Where the money goes

79% of spending goes to programs.

Program 79%Management 21%Fundraising 0%

Governance

7
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for VANGUARD 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VANGUARD FOUNDATION?
VANGUARD FOUNDATION (Texas) receives grants from 3 organizations whose IRS filings report $189,026 to it, the largest being WACO FOUNDATION ($141,026). 3 of them have funded it in more than one year, and 75% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does VANGUARD FOUNDATION have?
IRS filings report 3 organizations giving $189,026 in grants to VANGUARD FOUNDATION, 3 of which have funded it in more than one year.
Who is the largest funder of VANGUARD FOUNDATION?
WACO FOUNDATION is the largest funder on record, with $141,026 in grants. The full list of funders is on this page.
How can an organization like VANGUARD FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. 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 3funders 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 August 27, 2026. What this page cannot tell you · view filing