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Performance
Disbursements Forecast Update: March 2024
Disbursements Projected to Increase 5.3% in 2024 Disbursement projections are a function of two variables; 1) asset level, and 2) payout ratio. Estimated March 2024 foundation assets reached a record $1.55 trillion, up $230 billion from 2022.Based on the two important caveats (see box) regarding asset levels and payout ratios that we highlight, we project foundation … [Read more...] about Disbursements Forecast Update: March 2024
First Quarter Investment Performance
Foundations Notch a 6.6% Investment Gain in First Quarter The Grantmaker Investment Value Index ("GIV") rose 6.6% in the first quarter, continuing the upward trajectory after 2023's 15.5% gain. Foundation investment performance annualized at 6.8% per year for the ten years ended March, 31 2024, ahead of the required 5% payout ratio, but not after accounting for inflation … [Read more...] about First Quarter Investment Performance
First Quarter Off to a Good Start
FoundationMark models indicate that U.S. foundations' assets rose by about $85 billion, or about 5.8%, in the first quarter of 2024 pushing assets to a record $1.55 trillion.Foundation asset levels are a function of three variables: incoming contributions, outgoing grants and expenses, and investment performance. The Grantmaker Investment Value ("GIV") Index was up 6.6% in the … [Read more...] about First Quarter Off to a Good Start
Fourth Quarter Investment Performance
Solid Fourth Quarter Returns Across the Board The Grantmaker Investment Value Index ("GIV") rose 8.5% in the fourth quarter bringing full year 2023 performance to a 17.3%, the second best year in the past decade. Foundation investment performance annualized at 6.3% per year for the ten years ended December, 2023, modestly ahead of the required 5% payout ratio, but still … [Read more...] about Fourth Quarter Investment Performance
Fourth Quarter Rebound
FoundationMark models indicate that U.S. foundations' assets rose by about $100 billion, or about 7.7%, in the fourth quarter of 2023 pushing assets to a record $1.5 trillion. Foundation asset levels are a function of three variables: incoming contributions, outgoing grants and expenses, and investment performance. The Grantmaker Investment Value ("GIV") Index was up 17.3% … [Read more...] about Fourth Quarter Rebound