Iv Fund

About Iv Fund

The IV Fund’s largest recent grant was a $1,407,050 award to American Gift Fund for general support, showing a strong use of philanthropic intermediaries in its giving. The fund also paired that scale with a $315,000 scholarship commitment to Penland School of Craft through the Dakota William Powell Memorial Scholarship Fund, which points to a clear interest in craft education and named scholarship support. Across the recent grants list, the foundation combines large commitments with a mix of operating support, project funding, and scholarship-related awards. Its grantmaking also reaches into criminal justice, journalism, mental health, and community support. Northwestern University received multiple awards for health promotion and wellness, the Center on Wrongful Conviction, counseling and psychological services, and an endowed discretionary fund, while The Marshall Project received support for general operations and a Cleveland newsroom. Jewish Federation of Cleveland, the American Foundation for Suicide Prevention, and civil liberties organizations also appear among recent recipients, indicating a portfolio that includes both direct service and advocacy-oriented grantees. The IV Fund is a pure DAF provider with national grantmaking and a median recent grant of $15,000, suggesting a pattern of many mid-sized awards alongside a few much larger commitments.

What Iv Fund Funds

In criminal justice and civil liberties work, The IV Fund gave $120,000 to the American Civil Liberties Union of Ohio Foundation for criminal law reform and reproductive freedom, and $30,000 to The Innocence Project for general support. It also funded The Marshall Project with $50,000 for a Cleveland newsroom, linking journalism to public-interest issue coverage. Mental health and prevention are another clear thread. The American Foundation for Suicide Prevention received $54,000 for Project 2025 in 2023 and another $54,000 in 2024 for education in memory of Dakota William Powell. Northwestern University also received $200,000 for health promotion and wellness. Arts and education appear through program and scholarship support. Firebird Community Arts received $25,000 for Project Fire and another $25,000 for general support, while Trustees of Princeton University received $35,000 for a creative and performing arts course. The Horticultural Society of New York also received $25,000 for youth programming.

How Iv Fund Gives