Disbursements Projected to Increase 7.3% in 2024 Disbursement projections are a function of two variables; 1) asset level, and 2) payout ratio. Estimated September 2024 foundation assets reached a record $1.65 trillion, up $176 billion from year-to-date. Based on the two important caveats (see box) regarding asset levels and payout ratios that we highlight, we […]
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Summer 2024
Third Quarter Gains
FoundationMark models indicate that U.S. foundations’ assets rose by nearly $60 billion, or about 3.8%, in the third quarter of 2024 pushing assets to $1.66 trillion. Year-to-date assets have risen by $176 billion or 11.9% Foundation asset levels are a function of three variables: incoming contributions, outgoing grants and expenses, and investment performance. The Grantmaker […]
Third Quarter Investment Performance
Foundation Portfolios Rose 4.3% in Third Quarter The Grantmaker Investment Value Index (“GIV”) rose 4.3% in the third quarter, bringing year-to-date performance to 13.6%. Foundation investment performance annualized at 7.2% per year for the ten years ended September 30, 2024, ahead of the required 5% payout ratio, though well below the 60/40 mix (the traditional […]