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This program assists PhD students whose research complements the institute's interest in property valuation and taxation. It provides support for doctoral students who are writing theses addressing land and tax policy.
A 24-week program combining in-person education with an online curriculum designed for public and private sector leaders tackling complex municipal challenges. The program is almost entirely underwritten by the institute.
A collaborative 24-week program designed for teams of up to six individuals from the same community to develop solutions for municipal challenges.
An opportunity for recent PhDs specializing in public finance or urban economics to work with senior academics, receive feedback on draft papers, and learn about the academic publication process.
Lincoln Institute Of Land Policy is a private corporation based in PHOENIX, AZ. The foundation received its IRS ruling in 2007. The principal officer is Levering White. It holds total assets of $774.4M. Annual income is reported at $59.5M. Total assets have grown from $444.5M in 2010 to $745.5M in 2023. The foundation is governed by 22 officers and trustees. Tax records are available from 2016 to 2023. Funding is distributed across 8 states, including United States, Canada, Latin America. According to available records, Lincoln Institute Of Land Policy has made 29 grants totaling $290K, with a median grant of $10K. The foundation has distributed between $140K and $150K annually from 2021 to 2022. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Arizona, California, Colorado, which account for 45% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
The Lincoln Institute of Land Policy is fundamentally an operating foundation, not a traditional grantmaker — understanding this distinction is the single most important strategic insight for anyone seeking engagement. With $745.5 million in assets and $50.5 million in annual program expenditures (2022-2023), the Institute channels the vast majority of its resources into self-operated research, education, training, and publications. External grants, when made, are almost exclusively fellowship stipends to individual researchers, not grants to organizations.
The Institute's giving philosophy centers on three interconnected impact areas: Land and Fiscal Systems (property taxation, municipal finance, fiscal federalism), Land and Water (conservation, water rights, climate resilience), and Land and Communities (spatial inequality, housing, urban planning). Research must be applied and policy-relevant — there is no appetite for purely theoretical work that cannot influence decisions by planners, policymakers, or elected officials.
Leadership sets the tone for a high-standards institution. President and CEO George McCarthy ($563,126 in 2023 compensation) and Chair and CIO Kathryn J. Lincoln ($528,540) have positioned the Institute as a global convener of land policy expertise. The board includes Kevyn Orr (former Detroit emergency manager), Nancy Gibbs (former Time editor), and economist Thomas Nechyba — reflecting ambitions that span policy, civic, and academic spheres.
For individual researchers, the primary pathways are: the C. Lowell Harriss Dissertation Fellowship (PhD students in property valuation and taxation), the Lincoln Institute Scholars Program (recent PhDs in public finance or urban economics), and the Vibrant Communities Fellows Program (practitioners working on complex municipal challenges). No general organizational grant application process exists.
Organizations seeking collaboration should position themselves as research partners on Lincoln-defined projects, or as implementers of training programs the Institute wants to scale in specific geographies. Programs span the U.S., Latin America and Caribbean, China, Africa, and Europe — organizations with demonstrated regional networks and implementation capacity in these areas are far more attractive partners than those without.
First-time applicants should invest 6-12 months building familiarity with the Institute's ecosystem: reading Land Lines magazine, attending free webinars and virtual courses, engaging with the Consortium for Scenario Planning, and citing the Institute's working papers and data products in their own work. The Institute has limited appetite for cold applications from researchers or organizations with no prior engagement.
The Lincoln Institute's financial trajectory reveals sustained and substantial growth. Total program expenditures climbed from $17.5 million in 2012 to $50.5 million in 2022-2023, a 188% increase over a decade. Total assets grew from $472.7 million (2012) to $745.5 million (2022-23), peaking at $774.9 million in 2020. The Institute is almost entirely self-funded: net investment income was $40.4 million in 2023 against contributions received of only $5.7 million, confirming that endowment returns — not fundraising — drive the operation.
Because this is an operating foundation, the $50.5M total giving figure does not represent outbound grants in the traditional sense. Program expenditures from the most recent 990 break down as: Reduced Poverty and Spatial Inequality ($10.07M), Claremont Lincoln University direct support ($6.77M), Sustainably Managed Land and Water Resources ($6.46M), and Low Carbon Climate-Resistant Communities ($4.89M), with the remainder covering publications, events, data infrastructure, and administration. Officer compensation reached $2.0 million in 2023, reflecting a highly professionalized leadership team.
External fellowship grants are dramatically more modest. The Institute's fellowship data shows: median grant $11,650, mean $14,955, range $10,000–$50,200 (across 26 grants). The grantee database records 29 individual awards totaling $290,000 — an average of exactly $10,000 each. Two-installment grants ($10,000 × 2 per recipient) appear frequently for multi-year dissertation projects.
Thematic distribution reveals property taxation as the dominant fellowship research area (incidence studies, equity analysis, historical U.S. property tax, tax increment financing, land conservation incentives). Water policy ranks second (water rights institutions, consumptive use in Mexicali, potable reuse in Arizona, cropland and snowmelt dynamics). Urban land use and development rounds out the portfolio (building rights in Mexico City, transit-oriented development, land formalization in weak states, agricultural intensification).
Geographically, U.S. recipients concentrate in Arizona (6 grants), California (4), Colorado (3), New York (2), and Pennsylvania (2). International research spans Guatemala, Mexico, Sierra Leone, and Latin America broadly — consistent with the Institute's declared global mandate across 8+ geographic regions.
The Lincoln Institute occupies a distinctive niche among education-sector foundations. Its database peers share the Education NTEE classification but diverge significantly in mission, access structure, and applicant relationship:
| Foundation | Assets | Annual Giving | Primary Focus | Application Access |
|---|---|---|---|---|
| Lincoln Institute of Land Policy | $745.5M | $50.5M (program exp.) | Land policy, fiscal systems, water, climate | Fellowship programs only |
| Charles Koch Foundation | $758.9M | Est. $30M+ | Higher education, free-market economics | Invited/Partnership |
| Spencer Foundation | $664.8M | Est. $25M+ | Education research (broad) | Open LOI process |
| Charles & Helen Schwab Foundation | $542.3M | Est. $20M+ | Learning differences, K-12 education | Primarily invited |
| Ray & Kay Eckstein Charitable Trust | $457.4M | Est. $15M+ | Catholic institutions, regional KY | By invitation |
| McConnell Foundation | $434.9M | Est. $15M+ | Northern CA nonprofits, education | Open applications |
What distinguishes the Lincoln Institute from all peers is its identity as an operating foundation with a narrow, issue-specific global mandate. The Spencer Foundation most closely parallels Lincoln in its research-first orientation and academic fellowship culture — both run dissertation and early-career scholar programs — though Spencer addresses education broadly while Lincoln focuses exclusively on land policy. Neither the Koch Foundation nor the Schwab Foundation operates through open application processes that make them direct comparators for most applicants.
For grant seekers needing organizational operating support, the Spencer Foundation and McConnell Foundation offer more accessible entry points. For policy researchers seeking individual fellowships in land-related fields, the Lincoln Institute has no peer in terms of its subject-matter depth and global reach.
The Institute's most prominent recent publication is 'Planning in a Polycrisis: Equitable Urban Strategies for a Changing Climate', released February 24, 2026, authored by Emilia Oscilowicz, James J.T. Connolly, and Isabelle Anguelovski of the Barcelona Lab for Urban Environmental Justice. Based on 2025 interviews with 32 planners across five North American cities, the report calls for municipalities to integrate housing affordability, climate adaptation, and economic inclusion into unified planning frameworks. President George McCarthy stated: "Creating more climate-friendly, affordable homes while simultaneously cultivating agency, participation, and engagement from frontline communities creates more sustainable urbanism that leads to better outcomes across the board."
In February 2026, the Institute hosted the Consortium for Scenario Planning Conference in Salt Lake City (February 4-6) and closed applications for the Futuros Urbanos Network (February 15, 2026) — a new Latin America and Caribbean practitioner cohort running April 2026 through April 2027. A webinar on 'wet architecture' (accepting water as a permanent planning condition) was scheduled for March 24, 2026, and a virtual municipal finance course for local government professionals is set for May 11-14, 2026.
The 2025 I'm HOME Conference in Atlanta advanced the Institute's manufactured housing research agenda, reinforcing affordable housing as a sustained priority. Active fellowship cycles remain open as of early 2026: the Harriss Dissertation Fellowship (March 2 deadline) and the Lincoln Institute Scholars Program (March 15 deadline).
No leadership transitions have been publicly announced. George McCarthy continues as President and CEO, and Kathryn J. Lincoln remains Chair and CIO — a stable leadership structure that has guided the Institute's endowment growth from $472.7M (2012) to $745.5M (2023).
Recognize the operating foundation structure first. No general proposal or letter of inquiry process exists for organizational grants. All external funding pathways run through specific fellowship programs with defined eligibility categories. Attempting to apply as an organization for a program grant will find no mechanism.
Know the fellowship hierarchy precisely. The C. Lowell Harriss Dissertation Fellowship ($10,000/year, renewable for a second year) is exclusively for PhD candidates whose dissertation research addresses property valuation, taxation, or closely related land policy topics. The Lincoln Institute Scholars Program targets recent PhDs (1-2 years post-graduate) in public finance or urban economics and offers structured mentorship with senior academics — this is the most prestigious and competitive individual pathway. The Vibrant Communities Fellows Program serves practitioners and municipal leaders through a 24-week combined curriculum, not academic researchers.
Master the March deadline window. The Harriss Fellowship closes March 2; the Scholars Program closes March 15. Both are hard deadlines with no late submissions. Plan to have complete materials — research proposal, letters of recommendation, writing samples — finalized by mid-February. Futuros Urbanos (Latin America/Caribbean focus) closes in February annually; China research grants close in November.
Align language precisely with Institute terminology. Use 'fiscal systems' not 'government finance,' 'spatial inequality' not 'poverty,' 'land stewardship' not generic 'conservation.' Proposals should explicitly name one of the three program areas — Land and Fiscal Systems, Land and Water, Land and Communities — as their primary anchor.
Cite existing Lincoln Institute work. The Institute maintains major open-access data resources on property tax and land values. Download and reference these datasets and working papers directly in proposals. Reviewers notice applicants who are already embedded in the Institute's knowledge ecosystem.
For international applicants: explicitly state regional expertise, local institutional affiliations, and data access. The Institute's fellowship record shows active support for research in Guatemala, Mexico, Sierra Leone, and China — but proposals must demonstrate that the applicant has the methodological tools and field access to execute the work.
Avoid these common mistakes: proposing purely theoretical research with no policy application; applying without engaging with the Institute's published work; framing proposals around organizational needs rather than knowledge generation; and treating the Institute as a general education funder rather than a land policy specialist.
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Smallest Grant
$10K
Median Grant
$12K
Average Grant
$15K
Largest Grant
$50K
Based on 26 grants from the most recent 990-PF filing.
REDUCED POVERTY AND SPATIAL INEQUALITY - Better access to opportunity means better outcomes--at the individual and collective levels--and land policy can be a crucial lever in achieving that. In the United States and elsewhere, we must grapple with our histories of racial and class oppression, persistent segregation, and inequitable access to resources and opportunities. Our work seeks to address these challenges by expanding access to thriving neighborhoods and cities, and creating new opportunities in those that are struggling.
Expenses: $10.1M
SUSTAINABLY MANAGED LAND AND WATER RESOURCES - The most basic of natural resources, land and water are the foundation of civilization. Through international networks and cutting-edge research, we strive toward greater land stewardship and coordinated land and water decisions.
Expenses: $6.5M
LOW CARBON CLIMATE-RESISTANT COMMUNITIES AND REGIONS - Land and water policy can shape the built and natural environment to reduce the extent of climate change and to help communities and natural systems withstand the impacts of a warmer climate. The Lincoln Institute is advancing good planning practices to address these challenges, and aspires to foster climate justice as a key element of this work.
Expenses: $4.9M
Claremont Lincoln University - direct program support for CLU to create, sustain and expand educational offerings.
Expenses: $6.8M
The Lincoln Institute's financial trajectory reveals sustained and substantial growth. Total program expenditures climbed from $17.5 million in 2012 to $50.5 million in 2022-2023, a 188% increase over a decade. Total assets grew from $472.7 million (2012) to $745.5 million (2022-23), peaking at $774.9 million in 2020. The Institute is almost entirely self-funded: net investment income was $40.4 million in 2023 against contributions received of only $5.7 million, confirming that endowment returns.
Lincoln Institute Of Land Policy has distributed a total of $290K across 29 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $10K to $10K.
The Lincoln Institute of Land Policy is fundamentally an operating foundation, not a traditional grantmaker — understanding this distinction is the single most important strategic insight for anyone seeking engagement. With $745.5 million in assets and $50.5 million in annual program expenditures (2022-2023), the Institute channels the vast majority of its resources into self-operated research, education, training, and publications. External grants, when made, are almost exclusively fellowship s.
Lincoln Institute Of Land Policy is headquartered in PHOENIX, AZ. While based in AZ, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George Mc Carthy | CEO AND PRESIDENT/DIRECTOR | $563K | $91K | $654K |
| Kathryn J Lincoln | CHAIR & CIO/DIRECTOR | $529K | $79K | $608K |
| Vinod Parmeshwar | CFO/CHR | $280K | $54K | $334K |
| Scott Mc Daniel Thru May 2023 | TREAS. & DIRECTOR OF FINANCE | $202K | $43K | $244K |
| Lizzie Kazan | ASSIST TREASURER SINCE APRIL 2023 | $185K | $28K | $213K |
| Mia Stier | SECRETARY | $135K | $40K | $175K |
| Tim Renjilian | DIRECTOR | $29K | $0 | $29K |
| Thomas Nechyba | DIRECTOR | $29K | $0 | $29K |
| Thomas Becker | DIRECTOR | $27K | $0 | $27K |
| Jane Campbell | DIRECTOR | $24K | $0 | $24K |
| William Goodell | DIRECTOR | $23K | $0 | $23K |
| Kevyn Orr | DIRECTOR | $19K | $0 | $19K |
| Nancy Gibbs | DIRECTOR | $17K | $0 | $17K |
| John G Lincoln Iii | DIRECTOR | $16K | $0 | $16K |
| Mimi Brown | DIRECTOR | $16K | $0 | $16K |
| Adriana Soto | DIRECTOR | $14K | $0 | $14K |
| Constance Mitchell Ford | DIRECTOR | $13K | $0 | $13K |
| Scott Smith | DIRECTOR | $10K | $0 | $10K |
| Lourdes German | DIRECTOR | $8K | $0 | $8K |
| Bruce Lincoln | DIRECTOR | $7K | $0 | $7K |
| Tzu-Chin Lin | DIRECTOR | $3K | $0 | $3K |
| Peter Culp | DIRECTOR | $3K | $0 | $3K |
Total Giving
$50.5M
Total Assets
$745.5M
Fair Market Value
N/A
Net Worth
$694.3M
Grants Paid
N/A
Contributions
$5.7M
Net Investment Income
$40.4M
Distribution Amount
N/A
Total Grants
29
Total Giving
$290K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
22
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Anna Maria BierbrauerWATER CONSERVATION, URBAN HEAT ISLANDS AND EQUITY IN WESTERN USA | Denver, CO | $10K | 2022 |
| Marissa ManheimPLANNING FOR POTABLE REUSE OF WASTEWATER IN ARIZONA | Tempe, AZ | $10K | 2022 |
| Zhacheng WangMONITOR CROPLAND RESPONSE TO WATER SHORTAGE | Mesa, AZ | $10K | 2022 |
| Hana MoiduSPATIOTEMPORAL DYNAMICS OF INTERMITTENT STREAMS ROLE AS AQUATIC REFUGIA | Berkeley, CA | $10K | 2022 |
| Echavarria CanalesCITIZEN SUPPORT OF LOCAL PROPERTY TAX IN GUATEMALA | Santa Monica, CA | $10K | 2022 |
| Anna ZiffEASSAYS IN PLACE-BASED ECONOMIC DEVELOPMENT | Clemson, SC | $10K | 2022 |
| Simone PaciHOW PROPERTY TAX EQUITY PROTECTS PROGRESSIVE NORMS | New York, NY | $10K | 2022 |
| Pablo BalanHow Informal Institutions Shape Land Formalization in Weak States | Philadelphia, PA | $10K | 2021 |
| Jessica BremnerRegulating Water Access in the Coachella Valley | Hartford, CT | $10K | 2021 |
| Natalie Mclennan CollarIdentifying Patterns in Fire Disturbed Ecosystems | Lakewood, CO | $10K | 2021 |
| Todd CzuryloThe Effect of Tax Increment Financing on Job Creation in Chicago | Chicago, IL | $10K | 2021 |
| Ellen FuThe Incidence of Property Taxes: Evidence from Philadelphia | Philadelphia, PA | $10K | 2021 |
| Beatrice GordonSocio-Hydrologic Assessment of Agricultural Vulnerability to Changing Snowmelt | Reno, NV | $10K | 2021 |
| Kevin GriecoRural Property Tax in Sierra Leone | Eastham, MA | $10K | 2021 |
| Kelsey LarsonTax Incentives for Private Land Conservation | Belmont, MA | $10K | 2021 |
| Jorge Mesias MorenoHow Water Rights Institutions Affect Water Markets, Land Markets, and Water Access | Tempe, AZ | $10K | 2021 |
| Eleanor RauhDoes Sustainable Agriculture Intensification Exist ? | Phoenix, AZ | $10K | 2021 |
| Lidia Gonzalez MalagonUrban dilemmas in the transfer of building rights in Mexico City | Queretaro | $10K | 2021 |
| Diana Marcela Paz GomezUrban Development Policies Oriented to Metropolitan Mass Transportation System | Pichincha | $10K | 2021 |
| Frida Sofia Cital MoralesModeling of Scenarios of Consumptive Water Uses in the Mexicali Valley | Mexicala | $10K | 2021 |
| Sacha DrayUse of Property Tax for State and Local Finances in The United States 1790-1940 | London | $10K | 2021 |
| Antoine LevyEssays on the Spatial Consequences of Public Policies | Paris | $10K | 2021 |