The IV Fund
Folsom, CA · EIN 20-1422978. Reported 223 grants totalling $11.9M to 60 recipients across tax years 2021-2025. This foundation told the IRS it does not accept unsolicited requests: it contributes only to organizations it selects itself.
Does this foundation accept applications?
No -- on its own tax return. Form 990-PF asks every private foundation to check a box if it "only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds". The IV Fund checked it on its most recent filing, as 78% of the 91,758 foundations in our data that made a grant and answered did. An unsolicited request is unlikely to go anywhere.
Organizations it funds that make grants of their own
5 of the organizations The IV Fund funded make grants themselves, and it reported 16 grants totalling $4,760,454 to them. That is 41% of the $11.7M of its giving we could match to a registered organization. Each is classified by the IRS as a philanthropy or grantmaking organization, reported grants to at least 25 organizations of its own, and has at least 10 funders behind it.
All of them file Form 990, which never asks whether an organization funds only groups it picks, so there is no answer on record either way.
What that does not mean. It does not mean an application to any of them reaches this foundation's money. A private foundation's grant to a community foundation or a federated campaign is often a donor-advised fund or a gift designated for a purpose the foundation chose, and has nothing to do with any open programme the receiving organization runs. Its return's purpose text sometimes names a family fund or a designated purpose, which is the plainest case of money no applicant can reach; where it names none, neither return says which. The list is who this foundation paid that also makes grants. Whether any of them would fund you is a question for its own page.
| Grantmaker | Kind | State | Received | Grants | Years | Last | Only funds organizations it picks? |
|---|---|---|---|---|---|---|---|
| American Gift Fund | federated giving programme | Delaware | $3,235,254 | 3 | 3 | 2025 | Its form does not ask |
| Jewish Federation of Cleveland | federated giving programme | Ohio | $1,204,200 | 8 | 5 | 2025 | Its form does not ask |
| Aspen Community Foundation | community foundation | Colorado | $251,000 | 2 | 2 | 2025 | Its form does not ask |
| The Cleveland Foundation | community foundation | Ohio | $50,000 | 1 | 1 | 2022 | Its form does not ask |
| Rockefeller Philanthropy Advisors Inc | grantmaking organization | New York | $20,000 | 2 | 2 | 2022 | Its form does not ask |
A floor, not a full list. A grantmaker appears here only where this foundation's return named it clearly enough for us to match the name to an EIN, which we manage for about two thirds of 990-PF grant rows, and only where that grantmaker has a page on this site. There may be more. Dollars here are summed by EIN across every spelling on its returns, so a figure can differ from the matching row in the full list below, which groups names as written. And the IRS classification cannot tell a grantmaker from a funders' association or a donor-advised fund sponsor, so a payment to one of these may be dues or an account rather than support for a grants programme.
How big are its grants?
The median grant is $18,000. Half of everything it gave fell between $5,400 and $50,000; the smallest was $450 and the largest $1,407,050.
Every organization it funded
This is the complete list from its filings, largest first. Recipients are grouped by name and state as they were written on the returns, so an organization entered under two different names appears twice. Years funded is the number of separate tax years in which that name received money.
| Organization | Location | Total received | Grants | Years funded | Last |
|---|---|---|---|---|---|
| American Gift Fund | Wilmington, DE | $3,235,254 | 3 | 3 | 2025 |
| Northwestern University | Evanston, IL | $1,250,000 | 20 | 5 | 2025 |
| Jewish Federation of Cleveland | Cleveland, OH | $1,204,200 | 8 | 5 | 2025 |
| Firebird Community Arts | Chicago, IL | $825,000 | 6 | 5 | 2025 |
| Pulitzer Center on Crisis Reporting | Washington, DC | $600,000 | 2 | 2 | 2025 |
| American Civil Liberties Union of Ohio Foundation Inc | Cleveland, OH | $520,000 | 5 | 5 | 2025 |
| The Marshall Project Inc | New York, NY | $440,000 | 9 | 5 | 2025 |
| Penland School of Craft | Penland, NC | $325,000 | 2 | 2 | 2024 |
| The Management Center | Washington, DC | $325,000 | 4 | 3 | 2023 |
| The Cleveland Clinic Foundation | Independence, OH | $252,400 | 8 | 5 | 2025 |
| Aspen Community Foundation | Basalt, CO | $251,000 | 2 | 2 | 2025 |
| American Foundation for Suicide Prevention | New York, NY | $237,000 | 5 | 5 | 2025 |
| Trustees of Princeton University | Princeton, NJ | $235,600 | 10 | 5 | 2025 |
| The Trust for Public Land | San Francisco, CA | $215,000 | 5 | 5 | 2025 |
| The Innocence Project Inc | New York, NY | $203,400 | 5 | 5 | 2025 |
| American Civil Liberties Union Foundation Inc | New York, NY | $200,000 | 3 | 2 | 2022 |
| Propublica Inc | New York, NY | $175,000 | 2 | 2 | 2025 |
| Fountain House Inc | New York, NY | $155,400 | 4 | 3 | 2025 |
| Planned Parenthood of Greater Ohio | Columbus, OH | $131,000 | 5 | 4 | 2025 |
| Homefront Inc | Lawrenceville, NJ | $125,000 | 6 | 5 | 2025 |
| Greater Cleveland Food Bank Inc | Cleveland, OH | $97,900 | 7 | 5 | 2025 |
| Bard College | Annandaleonhudson, NY | $95,400 | 5 | 5 | 2025 |
| The Horticultural Society of New York | New York, NY | $95,000 | 5 | 5 | 2025 |
| Insight Garden Program | Berkeley, CA | $65,000 | 3 | 3 | 2024 |
| Center for Alternative Sentencing and Employment Services Inc | Brooklyn, NY | $53,400 | 5 | 5 | 2025 |
| Cleveland Foundation | Cleveland, OH | $50,000 | 1 | 1 | 2022 |
| The Bail Project Inc | Pasadena, CA | $50,000 | 5 | 5 | 2025 |
| Ideastream | Cleveland, OH | $46,600 | 5 | 5 | 2025 |
| Whyy Inc | Philadelphia, PA | $41,200 | 4 | 4 | 2025 |
| San Francisco Study Center Inc | San Francisco, CA | $40,400 | 2 | 2 | 2025 |
| Land Together | Berkeley, CA | $35,000 | 1 | 1 | 2025 |
| Town Hall Foundation Inc | New York, NY | $30,600 | 5 | 5 | 2025 |
| Pro Publica Inc | New York, NY | $30,000 | 3 | 3 | 2023 |
| Freedom Reads | Hamden, CT | $25,000 | 1 | 1 | 2025 |
| Kidpower of Colorado Inc | Colorado Springs, CO | $23,400 | 5 | 5 | 2025 |
| The Pema Chodron Foundation | Steamboat Springs, CO | $23,000 | 5 | 5 | 2025 |
| Centurion Ministries | Princeton, NJ | $22,600 | 4 | 4 | 2025 |
| The Trace | Brooklyn, NY | $22,500 | 3 | 3 | 2023 |
| Rockefeller Philanthropy Advisors Inc | New York, NY | $20,000 | 2 | 2 | 2022 |
| Everytown for Gun Safety Support Fund Inc | New York, NY | $18,000 | 1 | 1 | 2021 |
| Injustice Watch Nfp | Chicago, IL | $18,000 | 5 | 5 | 2025 |
| Hospice of the Western Reserve Inc | Cleveland, OH | $10,800 | 2 | 2 | 2025 |
| New Alternatives for Children Inc | New York, NY | $10,800 | 4 | 4 | 2024 |
| Bellefaire Jewish Children's Bureau | Shaker Heights, OH | $10,000 | 1 | 1 | 2025 |
| Wegiveashare Inc | Asheville, NC | $10,000 | 1 | 1 | 2024 |
| Healing Companions Inc | Oberlin, OH | $9,450 | 5 | 5 | 2025 |
| Bellefaire Jewish Childrens Bureau | Shaker Heights, OH | $5,400 | 1 | 1 | 2024 |
| Mccarter Theater Company | Princeton, NJ | $5,400 | 1 | 1 | 2025 |
| Nature Center at Shaker Lakes | Cleveland, OH | $5,400 | 3 | 3 | 2023 |
| Princeton Day School Inc | Princeton, NJ | $5,400 | 1 | 1 | 2025 |
| The Friends and Foundation of the Princeton Public Library Inc | Princeton, NJ | $5,400 | 1 | 1 | 2025 |
| The Watershed Institute Inc | Pennington, NJ | $5,400 | 1 | 1 | 2025 |
| Trace Media Inc | Brooklyn, NY | $5,400 | 1 | 1 | 2024 |
| United Jewish Federation of Princeton Mercer Bucks Inc | Princeton, NJ | $5,400 | 1 | 1 | 2025 |
| Promise of Justice Initiative | New Orleans, LA | $3,600 | 2 | 2 | 2022 |
| Sounds True Foundation | Louisville, CO | $3,600 | 2 | 2 | 2022 |
| Trace Media Inc | Charlottesville, VA | $3,600 | 1 | 1 | 2025 |
| Nassau Cooperative Nursery School | Princeton, NJ | $3,500 | 2 | 2 | 2025 |
| Shaker Lakes Regional Nature Center | Shaker Heights, OH | $1,800 | 1 | 1 | 2024 |
| Princeton Montessori Society | Princeton, NJ | $800 | 1 | 1 | 2025 |
44 of 60 (73%) received money in more than one year over the 5 years we hold.
Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 87%, across 4 year-to-year transitions. The median foundation retains about 67%, so this one is unusually consistent. This measures how often it paid the same organizations again. It says nothing about whether it would consider a new one, and this foundation told the IRS it does not.
What the money was for
Taken verbatim from the purpose field of its filings. This is the closest thing to a statement of what this foundation cares about, in its own words.
- Firebird Community Arts
BUILDING CONSTRUCTION PROJECT - Jewish Federation of Cleveland
ISRAEL EMERGENCY CAMPAIGN - Penland School of Craft
DAKOTA WILLIAM POWELL MEMORIAL SCHOLARSHIP FUND - Pulitzer Center on Crisis Reporting
MENTAL WELLBEING IN THE US FELLOWSHIP - Aspen Community Foundation
LEWIS + ZITELLI ADVISED FUND - American Civil Liberties Union of Ohio Foundation Inc
CRIMINAL LAW REFORM PROJECT; REPRODUCTIVE FREEDOM PROJECT & LGBTQ+ RIGHTS
What kind of organizations it funds
By the activity category the IRS assigns each recipient, for the 190 grants where we could match the recipient to a registered organization. The categories are the IRS's. The match, made from the name and address on the return, is ours.
Giving by year
| Tax year | Grants | Total | Median grant |
|---|---|---|---|
| 2021 | 39 | $1,155,300 | $10,000 |
| 2022 | 42 | $1,057,000 | $12,500 |
| 2023 | 40 | $2,691,150 | $16,500 |
| 2024 | 46 | $2,937,404 | $25,000 |
| 2025 | 56 | $4,078,550 | $25,000 |
Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.
Already committed for future years
Form 990-PF has a separate schedule for grants approved but not yet paid. The IV Fund has 9 of them, worth $1,263,600. This is the one part of the filing that looks forward rather than back.
| Organization | Location | Approved |
|---|---|---|
| The Cleveland Clinic Foundation | Independence, OH | $200,000 |
| The Cleveland Clinic Foundation | Independence, OH | $194,780 |
| The Cleveland Clinic Foundation | Independence, OH | $194,780 |
| Propublica Inc | New York, NY | $150,000 |
| The Innocence Project Inc | New York, NY | $150,000 |
| The Cleveland Clinic Foundation | Independence, OH | $104,040 |
| The Marshall Project Inc | New York, NY | $100,000 |
| The Marshall Project Inc | New York, NY | $100,000 |
| San Francisco Study Center Inc | San Francisco, CA | $70,000 |
Where its money goes
27% of its giving went to organizations in Delaware.
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Funders that support the same organizations
These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are a sign of overlapping priorities and nothing more. Unlike this foundation, none of them is on record as funding only organizations it picks, and each page says what its filings show.
Related guides
Where these numbers come from
Everything above is taken from The IV Fund's own Form 990-PF filings, which the IRS publishes in bulk. We used 5 returns (tax years 2021-2025). Grant figures are from its returns. Matching recipients to registered organizations, their IRS classifications, the retention rate and the funders that support the same organizations are our own calculations, described in how we build this.
Address of record on the latest return: 340 Palladio Parkway Suite 540, Folsom, CA, 95630. This is the address the foundation gave the IRS.
EIN 20-1422978 · See the original filings on ProPublica · How we build this
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