By the Numbers

Surdna Foundation
FY 2019 – FY 2024

(July 1, 2018 – June 30, 2024)

$297,500,000

Total Grant Dollars Distributed

  • 1,124 Grants

  • $274,261 Average Grant

  • 76% Multiyear Grants

  • 64% Unrestricted Grants

$230,000,000

Committed to Impact Investments

Yielding +12.4% in returns
through our mission-related investment portfolio

FY19 – FY24 Grant Trends

Total Grantmaking

from FY19 – FY24

  • 2019 $42M
  • 2020 $42M
  • 2021 $53M
  • 2022 $58M
  • 2023 $56M
  • 2024 $47M

 In 2020, millions across the U.S. stepped up in support of Black lives and against systemic anti-Black racism. To meet the moment, Surdna increased its grantmaking for racial justice by $45 million over three years.

The ‘increased spend for racial justice’ funds were allocated in fiscal years FY21, FY22, and FY23. While these funds were designated during these fiscal years, the commitment and actual spending of these funds may have occurred in later years. This aligns with our accounting practice of recording allocations based on the year of the original designation, regardless of when the funds are ultimately committed or spent.

Stories of Impact

Grantmaking by Program FY19 – FY24

*Other programs include: Collaborative grants, Capacity & Infrastructure, Communications, Experience in Grantmaking, Impact Investing, Learning/Research, Presidents Grants, Program-Related Expenses (PRE)s, Unallocated, and annual support to Andrus and Andrus on Hudson, two organizations founded by the Andrus Family.

Geographic Area Served

FY 2019
FY 2020
FY 2021
FY 2022
FY 2023
FY 2024

Percentage of Grants by Region 2019

36% Allocated Nationally

Percentage of Grants by Region 2020

56% Allocated Nationally

Percentage of Grants by Region 2021

28% Allocated Nationally

Percentage of Grants by Region 2022

36% Allocated Nationally

Percentage of Grants by Region 2023

48% Allocated Nationally

Percentage of Grants by Region 2024

30% Allocated Nationally

W.E.B. Dubois once wrote, “As the South goes, so goes the nation.” We’ve made more grants in the South because the region remains at the heart of many of today’s challenges—climate change, voting rights, economic, and racial inequities—and the source of powerful solutions to these challenges.

Supporting BIPOC Organizations

Based on a demographic data study of our active grants portfolio conducted in FY24.

  • 66% of Grants to BIPOC-led* Organizations
  • $400K Average Grant
  • 67% Unrestricted Funding
  • 76% Multiyear Funding

*BIPOC-led: Organizations with Black, Indigenous, People of Color identifying leader.

Check out Surdna Foundation staff & board demographic data via Candid

View Our Financials